If you’re looking to start selling on a marketplace, you’ll likely want to compare Amazon vs. eBay vs. Etsy to see what’s the best fit for your business. The good news is that there’s never been a better time to start selling on a marketplace. A new survey by Feedvisor revealed that 19 percent of Amazon merchants brought in more than $1 million in sales this year—a nine percent increase from last year.
However, you will want to proceed with caution, since tying up all of your revenue in one platform can be scary if you get kicked off, start losing revenue, or face new competition on the site. In fact, the biggest concern among Amazon sellers this year was competition from Amazon, with 38 percent of respondents citing it as their No. 1 worry.