MDG Marketplace Reach a New Audience of Customers

REACH A NEW AUDIENCE OF CUSTOMERS ON MDG'S MARKETPLACE

Reach an entirely new audience on MDG Marketplace. Showcase your products to a new demographic of buyers that you're not reaching today.

We level the playing field and provide our clients with up to $3200* in credit to shop at MDG. With ample buying power, they can afford to shop and make larger ticket purchases. Get started and list your products on MDG Marketplace.

When you sell on MDG, you'll never run into audience overlap like you do in other ecommerce Marketplaces. Our clients are more diverse. They are not being targeted by traditional Marketplaces because of their imperfect credit. With limited choices to financial and credit products, they are looking for flexible, installment payment options to shop. MDG makes shopping more equitable for all.

MDG Marketplace Reach a New Audience of Customers Canada

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SELL TO A NEW AUDIENCE

Traditional ecommerce Marketplaces are not marketing to our audience segment. They are targeting different household income with more choices in credit and financial products to shop online.

As a Seller, it makes sense to diversify your channels to target different audiences segments. However, you’ll find that in most Marketplaces you'll run into audience overlaps — you end up targeting the same group of buyers across different platforms for marginal gains.

Their target audience isn’t diverse enough to get your products in front of a completely different customer segment. At MDG you're selling to a financing buyer not a credit card buyer.

In a traditional ecommerce Marketplace, the audience overlaps

...targeting the same demographic of shoppers. To increase your sales, you must list your store on multiple platforms often with a monthly store fee, just to reach that same customer. You may even find yourself competing against yourself, especially if you’re selling across ecommerce platforms.

HOW WE DIFFER FROM OTHER BUY NOW PAY LATER (BNPL)

HOW WE DIFFER FROM OTHER BNPL

Recently, Marketplaces have turned to Fintechs to offer BNPL at checkout. Pay Later providers can improve ecommerce conversions. They give customers an alternative to paying with credit cards offering short-term installment plans for customers with more financial choices available to them.

Due to their imperfect credit, our clients are looking for smaller payments over longer periods. We look to close that gap for BNPL providers.

Based on CNBC, the average cart value with a BNPL platform is $200. Whereas at MDG, our clients are pre-qualified with a line of credit of up to $3200* to shop with us. With higher spending limits our clients average order value is 8x times higher than other BNPL platforms.

How We Differ from Other Buy Now Pay Later BNPL

Smaller Payments Over a Longer Period of Time

MDG clients are looking to make smaller, minimal payments over a longer period of time which other Pay Later providers can't offer them. Our clients don't have many options for shopping online due to a lack of financial programs available to them.

HOW MDG DIFFERS FROM OTHER ECOMMERCE MARKETPLACES

We provide the convenience for our clients to do everything online. However we understand that some clients need a bit more hand holding. At MDG we have a team of Personal Account Assistants assigned to each customer.

We have a team of 300 Personal Account Assistants who's job is to help the clients throughout the Sales cycle. Our team makes the difference — we have a 50% higher close ratio than just an ecommerce site without any human connection. Our team will follow up on all Orders including yours.

LESS THAN 2.5% RETURN RATES AT MDG

Compared to other ecommerce businesses, MDG prides itself on its low return rates. As of 2021, the average return rate was at 20.8% for ecommerce sales, whereas MDG was at 2.25%. Platforms like Amazon are estimated to be at 20%. Some Retail Analysts estimate that certain categories can be as high as 40% return rates.

High Returns = Lower Profitability. We understand that returns may occur. We mitigate the risk in advance.

Our Verification department, vets every Order before it ships. This minimizes the chance for product errors, buyer’s remorse, fraud, etc.

WHY MDG CLIENTS ARE THE PERFECT CUSTOMER

As a Seller, you get the opportunity to get your products in front of a whole new demographic of shoppers. MDG clients are early adopters of the Buy Now Pay (BNPL) Later payment program. For over 20+ years, we’ve been offering consumer financing for those with imperfect credit — providing alternative payment solutions for our clients. Those looking for equitable consumer financing programs to buy the things they want without delay or sacrifice.

Equitable Consumer Financing

Our clients are unique, and they require more flexible financing options than your typical ecommerce shopper. For over 20 years, we financed millions of products — offering our clients the freedom to afford large ticket purchases. As a Seller, you get to showcase your products to an untapped audience.

SET UP YOUR MDG SELLER ACCOUNT

Setting up your MDG Seller's Account is easy. Just fill out the application form.

You will need:

Your Business License
Notice of Assessment/GST/HST
Address
Phone Number
Email Address
Bank Account - Used to Transfer Funds After a Sales is Made

We'll send you an email with an update on the Status of your MDG Seller Account.

REFERRAL FEES

Selling on the MDG Marketplace is easy and it doesn't cost you anything to do it.

We only charge you a Referral Fee which is like commission and a Personal Account Assistant Fee of 5%. We only take the Referral fee during the time of purchase. The Referral Fee Percentage is based on the category your product belongs to. The Referral Fee is the total sale price paid by the customer. This includes the item price, any delivery charges and a Personal Account Assistant Fee.

At MDG, our dedicated Personal Account Assistants will follow up on all Orders. Since they already have a relationship with our clients, they’ll be able to lift your conversion rates.

Categories

Referral Fee Percentages

Baby	15%*
Cameras (Includes): Bags, Cases, Tripods, Monopods, Cables, Cords, Batteries, Chargers, Lighting, Frames Flashes, Filters, Frames, Grips, Caps, Cleaners, Stabilizers, Mounts, Handles, Stands, Straps, Adapters, etc.	15%*
Cell Phones (Includes): Cases, Covers, Chargers, Mounts, Headsets, Cables, Screen Protectors, Selfie Sticks, etc.	15%*
Consumer Electronics	15%*
Electronics Accessories (Includes): Audio/Speakers, Headphones, Headsets, Remotes, Cables, Mounts, Antennas, Surge Protectors, Blank Media, Cases, Chargers, Adapters, Armbands and Belt Clips, Batteries, Transmitters, Docking Stations, Converters & Cleaners.	15%*
Furniture (Includes): Indoor and Outdoor Furniture	15%*
Mattresses	15%*
Home and Garden	15%*
Musical Instruments	15%*
Office Products	15%*
Personal Computers (Includes): Batteries, Cases, Bags, Skins, Decals, Sleeves, Chargers, Cooling Pads, Docking Stations, Stands, Cables & Adapters, Screen Protectors, Screen Filters, Mounts, Security Cables & Locks, Styluses, etc.	15%*
Software and Computer Games	15%*
Sports and Outdoors Equipment	15%*
Tools and Home Improvement	15%*
Toys and Games	15%*
Video Game Consoles	8%*
Video Games	15%*
Videos and DVD	15%*
Automotive and Power Sports	18%*
Jewelry	20%*
Luggage, Bags and Handbags	20%*
Major Appliances	15%*
Shoes and Clothes	25%*
Watches	20%*
Other Category	15%*
* + 5% Engagement Fee. Our Personal Account Assistants will follow up on all Orders for higher sales conversions.

FREQUENTY ASKED QUESTIONS (FAQs)

What is an Online Marketplace?

An online marketplace is an online mall. The MDG Marketplace is a buy now pay later shopping platform where customers can pay for their items over time. As a Seller, you can set up your product catalog and attract a new demographic of shoppers.

I Already Sell on Other Online Marketplaces. Why Should I Join MDG's Marketplace?

MDG offers an unique opportunity for Sellers. At MDG, we believe that every customer should have an opportunity to buy the things they want even if they don't have traditional means of credit. Through our leading consumer financing programs purchases become more affordable. As a Seller, you'll have a larger audience pool to sell to. Sign up today!

How Much Does it Cost to Sell on MDG Marketplace?

We're extremely competitive and we only take a Referral Fee percentage and an Engagement Fee for getting you the sale.

Do I Need a GTIN?

To make it easy for smaller Sellers, we don't require a GTIN. However, you do need to have detailed product information.

Who Handles the Shipping?

As a Seller you would be managing the shipping. You will be alerted every time a new order comes in. At that point, you would fulfill the customer's order and provide all the shipping details like: courier, waybill details, etc.

What About Returns?

To review MDG's customer return policy, please refer to Returns.

How Do I Get Paid?

Payments to Seller are made through EFT (Electronic Fund Transfer) to your registered bank account.

SELL ON MDG MARKETPLACE TODAY

Get your products in front of more eyes every day. MDG has pre-qualified shoppers looking for products like yours to buy.