Founded in 1999, Mercado Libre is present in 18 countries and leads the eCommerce market in Latin America. Today, Mercado Libre has more than 668 million visits per month and it is the 4th largest marketplace in the world. Since its creation, it remains a pure-play online marketplace with no sales of its own.
The success of this large marketplace is based on providing a great experience to customers. Sellers receive a score depending on the number of successful sales, customer satisfaction, cancellations, and other parameters. Having a positive reputation helps sellers to perform better in their sales and get more exposure.
Key verticals: Electronics, Toys, household goods, and electronic gadgets.
February 10, 2021