The rise of blockchain technology has seen new ways for companies to interact with their customers in more meaningful ways than ever before. One such way that businesses can connect with consumers is through digital collectibles or "NFTs." These items are called nonfungible tokens (or NFTs) because they cannot be replaced by any other item.
These types of products have been around since 2014 but only recently have people started using them as a method of payment thanks to the introduction of cryptocurrency payments like Bitcoin Cash and Ethereum's ERC20 token standard. However, there was still no easy way for merchants to accept these coins without having to build custom solutions themselves. That all changed this year when two major players entered into the field: Shift4Shop and Active Campaign. Both platforms provide an easy solution for anyone looking to use crypto payments within their business.
In this article we'll explore what both Shift4Shop and Active Campaign offer and whether either would make sense for your next project. Then we'll take a look at some of the most popular NFT marketplace services available today so you know which ones might work well for you if you're interested in accepting NFTs as part of your own service. Finally, we'll cover why buying a readymade white label marketplace could be the right choice for your next project.
Yes! Although each marketplace offers its own unique set of benefits, there is definitely room for interoperability between different markets. The ability to trade across multiple markets allows users to access a wider range of buyers while also avoiding the hassle of building separate storefronts. This means that if someone wants to buy something from you on one marketplace, then he can easily find it on another. You don't even need to pay for advertising on different sites—it's free.
In addition, many of the biggest names in eCommerce already support cross-marketplace transactions directly via APIs. For example, Google Orbitera supports third party sales channels including the likes of Etsy and Shopify. Similarly, eBay has partnered with Amazon Marketplace and AliExpress to give sellers better visibility and increased revenue opportunities.
It goes without saying that the more options you have for selling your product(s), the higher the chance of success. If you want to learn more about how cross-channel marketing works, check out our guide to creating a successful online store. It should help you understand the importance of being able to reach potential customers wherever they may live.
There are really three main factors that determine the price of an NFT marketplace:
1. Platform fees -- Each marketplace charges a percentage fee based on the number of monthly active users. In order to avoid paying too high of a commission, you'd probably want to keep the user count below 10,000. However, once you hit 100,000 subscribers, you won't see any further increases. So you shouldn't worry too much about getting overpriced commissions early on.
2. Marketing & SEO -- Some providers charge extra per month for additional features like search engine optimization and social media ads. Keep in mind though, that this type of pricing isn't always included in the basic subscription package so you might end up spending more money overall.
3. Features -- Most vendors include certain functionality in their packages. To get a full picture of everything offered, you'll usually need to read detailed descriptions of every single plan. But here are some things to consider:
o An autoresponder for email campaigns.
o A built-in shopping cart system.
o Automatic image uploads.
o Customer reviews and ratings.
o Payment processing.
o Customizable checkout pages.
o Support integrations with popular apps like Stripe and PayPal.
o Integrations with shipping carriers like USPS and FedEx.
o Integration with accounting tools like Xero.
o API integration with external applications.
o Analytics tools like Mixpanel.
o Advanced reporting.
o Social media management.
o Custom domain name registration.
o SSL certificate provisioning.
o Built-in analytics dashboard.
o Multi-lingual support.
o 24/7 technical support.
o Free trial periods.
o And more...
You can compare several of the top NFT marketplace providers below to get a feel for which one fits your needs best.
Opensea is a web application that enables entrepreneurs to create websites and mobile apps without needing programming knowledge. Instead, you simply drag and drop elements onto your website template and customize the theme yourself. With Opensea, you can design professional websites that fit perfectly with your brand identity.
Once the site is complete, you can generate a code snippet that includes all the necessary HTML, CSS, JavaScript, and PHP files needed to deploy the site. Once deployed, visitors will automatically receive personalized content depending on where they come from. They'll never experience any 404 errors or broken links, and they'll remain anonymous during signup.
If you've ever wanted to start making your own apps but didn't know where to begin, Opensea makes it possible. By signing up for a free account, you can test drive the app creation process for 30 days. Afterward, you'll be given $300 worth of credit to spend on premium resources. You can choose from thousands of themes and templates, plus add unlimited fonts and colors to personalize your designs. When you're done designing, you can publish your finished projects for others to download.
Although Opensea doesn't currently offer an NFT marketplace option, this is changing soon. According to CEO Daniele Baffone, the company plans to launch its first marketplace later this summer.
White labels are essentially prebuilt versions of software that are designed specifically for commercial purposes. There are dozens of different kinds of products that fall under the umbrella term “white label” including CRM systems, document scanners, and payroll software. In almost every case, however, the same underlying architecture exists regardless of who builds the product. Therefore, whenever you purchase a white label version of a piece of software, you're actually purchasing a clone of the original product.
A white label marketplace takes this concept one step further. Since the software itself is not customized, it's completely yours to do whatever you want with it. All you need to do is decide what kind of niche you want to target and what features you think your audience will appreciate. From there, you'll be able to select a vendor that specializes in providing white label software for those exact industries.
With a variety of different options available, finding the perfect provider can seem overwhelming. Fortunately, we've compiled a list of the seven best white label marketplace providers below:
1. ClickUp - ClickUp is a cloud hosting service that provides developers with a fully customizable environment in which to develop their ideas. As a result, you can focus on growing your business instead of worrying about setting up servers and managing infrastructure.
2. Apptio - Apptio is a leading developer of enterprise SaaS solutions. Their flagship product, Apptio Workforce Management, helps companies manage teams and processes throughout the entire lifecycle of an employee relationship.
3. OpenSky - OpenSky creates innovative software for small businesses. Specifically, they specialize in accounting, HR, and financial software.
4. ClickWorks - ClickWorks' goal is to become the world leader in cloud-based workflow automation. Through their suite of productivity tools, you can automate tasks that were previously tedious and difficult to execute manually.
5. Appirater - Appirater focuses on helping businesses increase conversion rates and grow revenues through effective lead generation.
6. Toggl - Toggl automates time tracking for professionals so they can spend less time doing administrative tasks and more time focusing on strategic initiatives.
7. Docusign - DocuSign develops secure electronic signature software used to digitally authorize documents. This ensures that everyone involved understands exactly what is happening when important contracts are signed.
NFTs are digital collectibles that can be traded on platforms like OpenSea or ActiveCampaign (or any other major exchange). They’re also known as tokens because they have value based on their rarity. In the case of many collectible games, these items are rarer than real estate, which makes them more valuable. But NFTs aren't just limited to games -- they are available in all kinds of categories including art, music, fashion, and even food!
The rise of crypto has brought with it an explosion of new ways to buy and sell digital assets. The traditional stock exchanges such as NASDAQ, NYSE, and BATS are now embracing cryptocurrencies and blockchain technology, but there's another option too...a whitelabel cryptocurrency marketplace called opensea.io.
In this article I'll explain what exactly a white label marketplace is, why it matters, and who should consider using one.
A whitelabel NFT marketplace allows sellers to offer their wares through a third party service without having to worry about technical details like hosting servers or dealing with payment processing services. Instead, these vendors choose to use a third party service provider instead of building their own system from scratch.
For example, say your company sells custom T-shirts online. You could hire someone else to build a website, design your logo, and host everything on Amazon Web Services (AWS) so you don't need to deal with any IT issues. However, if you do want to go down this route, then you'd still need to find a way to integrate your store into AWS, set up payments, and handle shipping.
Instead, you could pay a freelance designer $500 to create a stunning site for your business, complete with a customized logo, product descriptions, images, pricing pages, and delivery options. All you would need to do is enter the information once, and it would automatically appear across every page of your store. This saves a lot of money when compared to hiring a full team of developers and designers.
So, where did open sea come from? It was created by two entrepreneurs named Nick and Alexei Zuev. Their goal was simple: to make selling NFTs easier. As well as being able to advertise products directly via social media channels, they wanted to help people easily track sales and get paid quickly. And since the only barrier between buyers and sellers was cash, they decided to provide a secure place to trade digital goods.
But while the idea behind open sea sounds great, not everyone wants to take advantage of its benefits. For example, some companies might feel uncomfortable handing over control of their brand identity to a random stranger.
It turns out that the same concerns apply to anyone trying to launch their own cryptocurrency. If you're considering creating your very first token, then you may wonder whether you should develop your own or opt to purchase a prebuilt solution.
However, if you already know how to code and/or program, then you could always try developing your own token. After all, if you've got enough experience under your belt, then you shouldn't struggle to figure out something as basic as coding an app. So, before you decide to start designing your own token, check out our guide to making your own cryptocurrency.
If you haven't got the programming skills required, then you probably won't be comfortable developing your own token either. That's why we recommend looking at some of the best white label NFT marketplaces currently available.
With hundreds of different markets available, prices vary depending on factors such as reputation, quality of interface, and security features. Some providers charge per month, others ask for a monthly fee upfront, and others require a single transaction fee regardless of the number of transactions completed.
When thinking about price, keep in mind that each marketplace offers different perks and bonuses. These include free listings, discounts on advertising packages, additional marketing tools, and priority support. Before choosing a particular marketplace, compare offerings against each other and see which ones give you the biggest bang for your buck.
Also bear in mind that most of these services are built around Ethereum smart contracts, meaning that fees depend on gas usage. Gas refers to computing power used during contract execution. When you're deciding on which marketplace to use, think carefully about whether you plan to spend a significant amount of time managing transactions.
Open Sea is one of the oldest white label NFT marketplaces on the scene. Launched back in 2017, it has grown rapidly thanks to strong partnerships with big names in the industry including Google Orbitera, DashThis, and Shift4Shop.
Its main benefit is that it provides access to thousands of NFTs that you wouldn't otherwise find elsewhere. There are literally tens of millions of unique designs listed on the platform alone, giving users plenty of choice when searching for specific merchandise.
As well as offering a range of creative styles, OpenSea also boasts a powerful search tool that lets you filter results according to various criteria. For example, you can specify age ranges, gender preferences, color choices, sizes, materials, brands, and more. By doing so, you can ensure that no matter what type of item you're looking for, you'll end up finding it.
And if you're planning on listing your own NFTs, then you'll be pleased to learn that OpenSea is one of the few marketplaces that doesn't impose restrictions on what types of content you can list. Unlike eBay, for instance, you don't need to register an account to upload pictures or videos.
You can also add text captions to your photos and videos, link them to external websites, and embed YouTube clips onto your listings. The result is a highly customizable interface that gives you total freedom to showcase whatever you please.
Unlike other white label NFT marketplaces, OpenSea isn't restricted to trading physical goods. Indeed, the service works equally well for those interested in buying virtual currency. While you won't be able to swap in and out of different currencies, you can still view your balance and monitor individual transactions.
One thing to note though - unlike similar marketplaces, OpenSea supports multiple fiat currencies, allowing customers from countries outside the US to transact within the platform.
There's no shortage of high profile partners that endorse OpenSea, but here are three reasons why you should trust this particular white label marketplace above all others.
First off, it comes recommended by the world-leading crypto wallet provider Blockchain Wallet. Second, several prominent figures in the crypto community have joined forces to create Project Genesis. Thirdly, open sea uses the latest version of Solidity, a popular language used for writing smart contracts, ensuring maximum compatibility with existing systems.
All told, OpenSea is a safe and reliable space packed with cutting edge tech. So if you're serious about launching your own NFT marketplace, then you owe it to yourself to explore the possibilities further.
To learn more about working with OpenSea, you can contact us today.
A white label marketplace platform (WLMPP) is an online system that allows users to create their own branded eCommerce sites with custom designs and functionality on any given theme or template. A WLMPMP can be used as part of your business model without needing to purchase additional licenses from other companies.
The key benefit of using a WLMMPP is that customers won't have to pay extra fees or spend more money than necessary when they use these websites. This means that consumers are likely to stick around longer because they're not being charged excessive amounts by third parties such as shopping carts and payment gateways. The only thing missing is a way to actually put all this together so that businesses can sell directly through them.
But why would anyone want to do this? Let's take a look at some of the benefits of doing so.
White labeling refers to taking someone else’s product and making changes to suit one’s needs. For example, if I wanted to make my own version of Amazon but had no idea what needed to change, then I could simply copy over everything that was already there and customize it however I liked.
In ecommerce terms, we might say that I am “white labelling” Amazon. It is also called "rebranding." If I were selling shirts on Etsy, I might decide that instead of listing my products under my name, I would prefer to call myself 'TuxedoShirts'. That way, people who see my listings know exactly what kind of shirt they should buy and where to find me.
If you've ever seen something like this before, chances are good that you thought about buying it yourself! But you didn't end up purchasing it because you weren't sure whether or not it was worth spending your hard earned cash.
When you're looking to create your very own website, you'll need to think about things like design and content. You may even consider hosting services, domain names, and email addresses. These are all important parts of running a successful business, but none of those things really matter unless you can attract visitors first.
So let's talk about traffic. What makes it possible for potential buyers to visit your site? After all, nobody wants to waste their valuable time clicking links that lead nowhere.
One popular method of attracting new customers is to offer discounts. When customers realize that they can get their desired merchandise at a reduced price, many of them will jump at the chance to grab it. They don't care if they're getting a deal or not -- they just want to save money.
However, offering discount codes isn't enough. In order to keep them coming back, you must provide value above and beyond anything they'd receive elsewhere. To accomplish this, you may choose to add videos to your landing page or blog posts. Or maybe you write articles about the item itself. Whatever works for you.
Of course, you wouldn't always give away free stuff. You might want to offer special promotions for loyal customers. And you might even want to charge higher prices for certain types of items. But regardless of which strategy you pick, you still need to ensure that everyone knows about your deals.
You could advertise via Facebook ads, Google AdWords, or Instagram influencers. However, you could also try something different and launch your own marketing campaign. Instead of paying big bucks to hire a team of marketers to promote your brand, you could opt for a DIY approach and build your own automated marketing funnel.
Here's another option: you could open up shop on Shopify.com and start accepting payments right now. By creating a store front similar to others', you can quickly grow an audience and begin generating sales. All you need is a few dollars and a little bit of work.
Once you start seeing results, you can continue improving your efforts. As long as you stay consistent and follow through, you'll soon become known for having great products and amazing service. Once word spreads about your company, you'll gain a lot of respect among your peers. People will feel comfortable recommending you to friends and family members, and you'll have built trust within your target demographic.
All of this is excellent news because it means that you can reach a wider range of customers. Not only can you bring in new clients, but you can also help retain existing ones. Your current customers will appreciate knowing that you treat them well, and they'll come back again and again.
A white label marketplace platform (or WLMMPP) is a tool that helps businesses generate income while simultaneously increasing their exposure. Using a WLMMPP enables brands to bypass traditional retail channels altogether and focus solely on reaching their ideal clientele.
It lets shoppers browse thousands upon thousands of available designs and themes, allowing them to personalize every aspect of their experience. Since the entire process happens behind the scenes, customers never have to worry about dealing with technical problems. Everything runs smoothly thanks to the power of automation.
Additionally, since retailers aren't required to maintain storefronts themselves, they can concentrate on building relationships with their customers rather than worrying about keeping track of inventory. As a result, both sides win.
Not only that, but WLMMPPs often include features like auto shipping, instant refunds, unlimited stock levels, and automatic coupon generation. Customers can access these tools whenever they wish.
And although it sounds complicated, it doesn't necessarily require advanced programming skills. Anyone can learn how to set up a WLMMPP and run an effective online store. So if you're interested in launching your own ecommerce venture, check out our list of recommended platforms below.
Going white label involves rebranding your company's website or app into something unique and appealing. It could involve changing the logo, adding new colors and textures, updating the homepage layout, and much more.
Depending on the type of business you run, going white label could mean switching to a mobile-friendly interface, replacing outdated text with eye-catching graphics, or redesigning your checkout pages to eliminate unnecessary steps.
For instance, if you operate a flower delivery service, you might update its appearance in order to appeal to millennials. Perhaps you could introduce a new color scheme or incorporate bright neon hues instead of dull shades. Either way, customers will notice that something has changed and they'll probably appreciate it.
While some small tweaks may seem insignificant, they can greatly impact your bottom line. More importantly, though, they can boost your reputation amongst your most loyal followers.
As you can imagine, going white label usually requires careful planning. Before starting down this path, ask yourself questions like:
- How will my company stand out?
- Will it cost too much to switch to a fresh style?
- Do my competitors already offer a similar service?
- Are there ways to increase efficiency?
- Is this project worthwhile?
These kinds of concerns may sound obvious, but they're essential nonetheless. If you answer yes to any of them, reconsider your decision. There's nothing wrong with sticking to tried and true methods for as long as possible.
There's no reason to rush headlong into the unknown. Take your time and enjoy the journey. Just remember that you deserve to succeed.
Social media can play a huge role in promoting your business. Depending on the size of your audience, you can either rely entirely on organic growth or supplement that effort with paid campaigns.
Either way, you should carefully monitor your progress. If you discover that your engagement rate remains low despite your best efforts, then you should investigate further and determine the cause. Maybe your messaging is flawed, your tone is off, or perhaps you're failing to engage effectively with specific demographics.
Whatever the case, it's vital that you understand why you're losing interest and figure out how to fix it. Only after you identify the issue can you move forward, confident that your efforts are working toward achieving success.
To recap: white label branding is a term that describes the practice of copying someone else's product and recreating it in order to meet a particular need. This technique gives entrepreneurs the opportunity to cut costs and minimize risk by avoiding expensive licensing fees.
Although it seems simple, it's easy to overlook the fact that many white label solutions lack customization options. Therefore, if you plan to implement this tactic, you should expect to invest significant resources upfront. Furthermore, you should anticipate facing obstacles along the way.
Fortunately, you don't have to reinvent the wheel in order to achieve success. Here are several reputable white label marketplace platforms that you can turn to for assistance.
DashThis - An innovative solution that provides businesses with customizable templates, drag & drop builders, prebuilt widgets, and readymade modules. With DashThis, you can easily transform your standard WordPress installation into an attractive portfolio site.
Just follow our battle-tested guidelines and rake in the profits.