What is a Multi Vendor Marketplace
A place that connects consumers and buyers at one place is called a marketplace.But in an Online Marketplace, there are a couple of other entities
- Marketplace Owner
- Logistics and Warehouse manager
- There are others as well, like Dispute Manager ( in case of refund and returns ).
You all must be thinking that creating an online marketplace is really very tough,but what comes out is it is not difficult at all.
We all should be thankfulto OpenSource and FREE eCommerce platforms, it becomes easy to build a marketplace.
Selling Online not only helps to plot a giant selling gameplan but also helps retailers or suppliers to establish a continuous relationship with their customers to provide them a seamless buying experience from anywhere including web and mobile.
An e-commerece shopping is already very popular now that there is no need to explain b2b commerce. We all are very much aware of ordering our requirements from anywhere in the world and getting it delivered to our place. So who are we waiting for we should also start doing something like this by building an ecommerce website. We just have to go online and setup an fully-equipped website.
And while doing this many questions do come in our mind like our payment transaction or shipping requirement. But you actully don’t need to worry about it as there are lot ofsolution to take care of that and there is a win-win situation.
What needs to be taken care of? You must have quality and wide range of products, seamless and trusted payment options, timely shipping solutions, and positive customer support.
- Seller MicroSite
- Product Catalogue
- Rating and Reviews
- Seller Commissions
- Shipping and Taxes
- Advanced Reports
- Multi Theme Support
- Arabic/RTL Support
- Mobile App
- Contact Seller
- Responsive Design
Having B2B marketplace is really a tiresome task as it requires some unique features than an ordinary B2C marketplace because in this you have to enrich your sellers as well as your customers. The basic concept of a B2B marketplace is to provide a platform to the manufacturers and retailers to sell or purchase the products in bulk and in a hassle freeway.
The B2B Ecommerce Marketplace Development must have some of the key features like Price lists, Quotation System, Sales Agents, Communication System, and the most important part trusted sellers.
- Request for Quote (RFQ)
- Quotation Form Builder
- Purchase Order (PO)
- Bulk Purchase
- Price List
- Shopping List
- Catalog Management
- Logistics Management
- Warehouse Management
- Order Approval
- Customer Approval
- Vendor Verification
- Sales Representative
- Supplier Microsite
- Supplier Mobile App
- Rating and Review
- Inventory sourcing
- Electronic Data Interchange
Setting up eCommerce Store is easy and quick, but eCommerce Frameworks or Platforms comes only with basic flow and features.
The features and functionality of popular eCommerce frameworks can be extended using Webkul Extensions.
Apart from this, eCommmerce Frameworks have following set of challenges:
Webkul provides end to end Ecommerce Marketplace Development & can help you out to bring everything in one place for gearing up your eCommerce store at a glance. Webkul expertise in eCommerce Industry with more than 9 years of experience.
Whether you need help to get started with eCommerce or scaling up your Store. Feel free to drop an email and Webkul representative will get back to you.