In an effort to help companies new to eCommerce minimize their start-up costs, GoDaddy launched GoDaddy Marketplace™ in early 2009. This online shopping mall gives businesses a fast, low-cost way to sell online. There’s no Web site to build, no merchant agreements to negotiate. Users simply pay a one-time fee, list their products and go. They pay nothing more until something sells.

GoDaddy Marketplace offers a number of advantages for individuals and businesses just getting started with online sales. Marketplace provides everything vendors need to get up and running, including Web site services, hosting, payment processing and security. It’s not necessary for vendors to buy a merchant account or an SSL Certificate like they would if they owned their own eCommerce sites. At the same time, vendors benefit from the visibility of displaying their wares on a Web site visited by millions of shoppers each week. Marketplace gives vendors all the perks of having a highly optimized Web site without any of the risk.

For businesses already selling products online, GoDaddy Marketplace offers an additional place to sell products, one that’s frequented by millions of shoppers every week. Listing products here is like opening a shop at a busy Internet intersection. Because all transactions are routed through GoDaddy’s world-class data centers, buyers and sellers alike know their credit card and other sensitive information stays private and secure.

GoDaddy Marketplace is particularly easy-to-use for Quick Shopping Cart® (QSC) owners, as it allows them to quickly import some or all of their products directly from QSC. The one-time fee and low 9% per-item commission fee means there’s very little overhead required to sell products with GoDaddy Marketplace. Vendors simply adjust their selling price to compensate for the fee and make additional money selling the same products in multiple locations.

Once a product is ordered, GoDaddy notifies the seller and the seller ships the product directly to the customer. GoDaddy processes the payment, then deposits the earnings into the seller’s bank account.

Each GoDaddy Marketplace account comes with GoDaddy Contact Manager FREE. This program works seamlessly with Marketplace to automatically record the name, address and order details for each Marketplace transaction. Vendors may use this information to generate email lists, sending customers announcements of sales and product additions to encourage repeat purchases. GoDaddy Contact Manager helps Marketplace vendors sell online more successfully.

What shoppers like about GoDaddy Marketplace is the extraordinary variety of products. Marketplace offers everything from electronics, games and toys to clothing, art, baby items and books. Buyers also appreciate the security of doing business with multiple vendors from within the secure GoDaddy environment. They know their transactions are safely encrypted by GoDaddy’s advanced security certificates.