Top 6 Online B2B Marketplace Business Ideas 2023

• By Dhivyameena
• 11-04-2023
• E-commerce

Ready to start an online B2B marketplace? Today, various B2B business concepts are blooming, and launching one depends very much on the entrepreneur's personality and skill set.

Online B2B marketplaces are growing quite rapidly nowadays. According to Statista, by 2023, B2B online sales will reach 1.8 trillion U.S. dollars.

The success of companies like Amazon, eBay, Etsy, and Airbnb provides entrepreneurs with additional comfort that starting an online marketplace business is a wise decision.

As the pandemic increased the importance of the Online Marketplace, this sector started to thrive with more multi-vendor marketplace ideas than before. According to Adevinta Ventures, in the first three months of 2021, global venture capital investments in marketplaces reached a record-breaking high of $28 billion.

In this article, we'll look at the best online B2B marketplace ideas for marketplace entrepreneurs.

Online Rental Marketplace Platform

The rental marketplace is an online B2B marketplace platform where people can rent out different types of items from each other or the platform itself. You can build online rental marketplace platforms like Airbnb.

Why Rental Online Marketplace Platform?

According to Statista, the worth of the global sharing economy by 2025 is 335 billion U.S. dollars compared to the value of the sharing economy in 2014 is 15 billion U.S. dollars.

Due to the intrinsic perks the sharing economy provides to people, such as affordability, its value has dramatically increased.
Almost 70% of millennials and members of Generation Z prefer renting to buying. On the other hand, some people view renting out their used items as a terrific way to earn additional money.

What it means for business owners and entrepreneurs like you? is that getting into the rental business could ultimately be quite rewarding.

Types Of Rental Marketplace Platforms

• Vacation Rental
• Vehicle Rental (Car, Bike, Boat, etc.)
• Space Rental (parking, office space, etc.)
• Equipment Rental
• Book Rental
• Clothing Rental, etc.

Business and Revenue Model of Online Rental Marketplace

• B2B Rental Marketplace Business Model
• B2C Rental Marketplace Business Model
• Commission Fee Revenue Model
• Listing Charges Model
• Subscription Fee Revenue Model

Online Service Marketplace Platforms

The online service marketplace is a Handyman service marketplace that connects users who wish to offer and consume the services like plumbing, professional web design, and salon services. You can create a marketplace like Fiverr, etc.

Why Service Online Marketplace Platform?

According to GlobalNewsWire, By 2023, the Handyman service market value will grow to 1.65 billion U.S. dollars.

A service marketplace is a fantastic company concept for a number of other reasons. The first is that inventory management is not necessary. Your supplier will increase your supply.

The service industry is competitive, but you can outwit it by making service purchases simple, quick, and economical.

Types Of Service Marketplace Platforms

• Beauty Service
• Plumbing Service
• Home Service
• Cleaning Service
• Tutoring Service
• Drywall Installation Service, etc.

Business and Revenue Model of Online Service Marketplace

• B2B Service Marketplace Business Model
• B2C Service Marketplace Business Model
• Commission fee Revenue Model
• Membership or Subscription Revenue Model
• Advertising Revenue Model
• Listing Fee Model

Online eCommerce Marketplace Platform

An eCommerce marketplace is a platform that connects consumers and sellers, giving third-party vendors the ability to offer their goods on the platform and giving customers the option to make direct purchases.

On the site, buyers may access goods from various merchants from various brands. You can start an online eCommerce marketplace like eBay, Amazon, etc.

Why an eCommerce Online Marketplace Platform?

The pandemic has accelerated eCommerce growth and encouraged individuals to make online purchases.

According to Digital Commerce 360's analysis, In 2020, the top eCommerce platform in the world sold a staggering $2.67 trillion U.S. dollars. In the same year, sales on platforms like Amazon, eBay, Alibaba, and others recorded 62% of global online sales.

In 2023, you can create your own eCommerce marketplace platform based on these statistics.

Types Of eCommerce Marketplace Platforms

• Online Property Selling
• Online Vehicle Selling
• Grocery Selling Platform
• Equipment Selling Marketplace
• Online Camera Selling
• Online Cosmetic Selling
• Clothes Selling, etc.

Business and Revenue Model of Online eCommerce Marketplace

• Business to Business (B2B) Business Model
• Business to Consumer (B2C) Business Model
• Listing Fee Model
• Commission Fee Revenue Model
• Advertising Fee Revenue Model
• Featured Listing Revenue Model

Online Learning Marketplace Platform

A marketplace for online learning, also known as eLearning, allows students to enroll in online courses provided by various providers. Anybody interested in taking online classes can use these sites by paying a membership fee.

Why Online Learning Marketplace Platform?

According to a recent study, the value of the global online learning marketplace is 144 billion U.S. dollars. By 2026, it is expected to reach 374.3 billion U.S. dollars.

Especially during the pandemic, online learning platforms have witnessed exceptional growth over the years.

The pandemic drove businesses, colleges, and schools to adopt remote working. Online Learning and eLearning systems saw a surge in use as a result.

Therefore, it is accurate to state that now is the best moment to invest in the eLearning marketplace platform for business owners in 2023.

Revenue Model of eLearning Marketplace

• Subscription Revenue Model
• Pay Per-Course model

Online Event Marketplace

The next immense opportunity might be to give flight to online marketplace concepts relating to the event marketplace, especially for partners like event planners, venue suppliers, ticket and pass producers, and participants. With producers spending more and more time online, it is evident that the excitement economy is growing.

StageGator, which operates in the U.S., is among the best examples of this strategy. On a separate stage, spectators, performers, and venue owners (coordinators) can interact to achieve their goals.

Why Online Event Marketplace Platform?

According to Statista, By 2025, the market volume is expected to reach US$84,137 million, representing an annual revenue growth rate of 52.13% (CAGR 2021-2025).

In 2022, the category for event tickets might have a revenue increase of 359.2%. The Event segment's average revenue per user (ARPU) totaled US$79.89.

Actors look for paid events, concerts, or performances nearby. It includes vocalists and entertainers. One may see creating a marketplace where event planners can promote upcoming events, invite local performers, and provide online ticketing for spectators. People might also think of ideas for multi-vendor marketplaces during events to extend the scope.

Business and Revenue Model of Online Event Marketplace

• B2B event Marketplace Business Model
• B2C event Marketplace Business Model
• Listing Fee Model
• Commission fee Revenue Model
• Advertising Fee Revenue Model
• Featured Listing Revenue Model

Online Fashion Marketplace

Development and contemporary freedom in the fashion markets are fueled by several elements, from decreasing digital barriers to the growing global population. The online fashion market is one of the biggest and most well-known in the world.

Presently reviving growth and attracting millions of buyers are globally popular online marketplace ideas like Lyst and Amazon Fashion. With their line-up of clothing, accessories, and footwear.

Why Online Fashion Marketplace Platform?

According to Statista, By the end of 2025, the size of the global fashion market is projected to be US$1.164,7 billion, growing at a projected rate of 9.1% annually.

The Berlin-based business outperformed rivals VIP Shop, The Hut Group, and ASOS, according to data gathered in June 2021.

Between 2019 and 2021, these companies were among the global fashion e-commerce merchants with the fastest growth rates.

Business and Revenue Model of Online Fashion Marketplace

• B2B Fashion Marketplace Business Model
• B2C Fashion Marketplace Business Model
• Listing Fee Model
• Commission fee Revenue Model
• Advertising Fee Revenue Model
• Featured Listing Revenue Model

Choose the Right Platform For Your Marketplace Idea

For buyers, merchants, and wholesalers, B2B marketplaces are the most efficient and goal-oriented trade platforms. Many organizations are seeking the finest B2B marketplaces today that can provide them with a wide range of features, discounts, and services that can help them develop quickly. Such venues are numerous and offer excellent opportunities for both growth and sales.

Without a best-suit marketplace platform, you cannot succeed in your marketplace idea. You must select a marketplace that is easy to use, convenient, and trustworthy.

Before choosing the marketplace, know your audience and your competitors. Plan your initial investment. A new business's initial investment can never be minimum. This statement is true, especially when you want to start a B2B marketplace from scratch.

But you can launch the marketplace with low investment on a SaaS platform. The SaaS online B2B marketplace platform's pricing range starts at less than $50.

With SaaS online marketplace platform, you can start any business instantly. The main advantage of choosing this marketplace is you can drop out of a marketplace without any loss if you find your idea isn't working because it works on the subscription model.
But no one wishes to drop off from their business, so select the marketplace that can satisfy all your business needs.

Select the best SaaS online marketplace platform where you can start any marketplace business. So, you need not back off, instead, you can change your marketplace idea.

My Final Words,

I hope the above-listed marketplace ideas help you to create a marketplace in 2023. These marketplace ideas shine in the recession time during 2007 and the pandemic.

A good business idea can adjust to shifting market conditions and perform effectively. You can maintain your enterprise using the above-mentioned recession-proof business ideas.

To become the most successful marketplace in 2023 with your best marketplace idea, you need to have the support of the best marketplace platform vendor. I desire your online B2B marketplace platform to become a great success in 2023.