Yahoo Wants You to Set Up an Ecommerce Shop on Its Revamped Small Biz Platform

Grow Your Business, Not Your Inbox

Stay informed and join our daily newsletter now!
Staff Writer. Covers leadership, media, technology and culture.
2 min read

In an effort to become a hub for and snag more of the DIY ecommerce market, Yahoo launched a new version of its ecommerce platform today called Yahoo Stores.

The company is positioning the new service as as way for owners to create an operational online shop quickly, even if they aren't well-versed in coding or up on digital . Yahoo says users can have an online shop up and ready to accept orders within minutes.

Related: The 7 Mistakes Entrepreneurs Make When Launching an Ecommerce Startup

The move is meant to better position Yahoo against , which has a similar service called Amazon Webstore, as well as smaller sites such as and .

In a blog post, Amit Kumar, the head of Yahoo , described the features of the service, which include customizable design themes, automatic payment processing and the use of Yahoo's SEO technology.

Related: Freelance Site Fiverr Raises $30 Million in a Play to Become the 'Amazon of Marketplace Services'

The company has also released an iPhone app to accompany the platform called Yahoo Live Web Insights, to help business owners see how customers are engaging with their sites in real time and interact with them using the app's chat function.

There are three payment plans offered for Yahoo's suite of tools: a basic plan for $26 a month, a professional plan for $69 a month and a premier plan for $249 a month. The Amazon Webstore subscription is $79 per month.

Yahoo takes a varying percentage of each transaction depending on the subscription plan -- 1.5 percent for basic, 1 percent for professional and 0.75 percent for premier. Amazon takes a flat 2 percent fee on all transactions.

Related: Customized Ecommerce Meets 3-D Printing in Amazon's New Online Store

More from Entrepreneur

Get heaping discounts to books you love delivered straight to your inbox. We’ll feature a different book each week and share exclusive deals you won’t find anywhere else.
Amplify your business knowledge and reach your full entrepreneurial potential with Entrepreneur Insider’s exclusive benefits. For just $5 per month, get access to premium content, webinars, an ad-free experience, and more! Plus, enjoy a FREE 1-year Entrepreneur magazine subscription.
Discover a better way to hire freelancers. From business to marketing, sales, finance, design, technology, and more, we have the freelancers you need to tackle your most important work and projects, on-demand.

Latest on Entrepreneur