With over 50% of global online sales taking place on marketplaces, businesses are looking for solutions that offer them an easy to use marketplace platform. The online buyers have been conditioned by the ease of shopping on popular multi-vendor ecommerce stores like Amazon, Flipkart, Alibaba etc. This has made it imperative for the other ecommerce entrants to adapt the business model for success.
Well, it is not without reason that this model has gained such popularity among vendors, customers as well the business owners. This virtual goldmine has something for all the 3-parties involved. Let’s see how:
However, to make the most of this win-win model, you need to have an easy to use marketplace platform that makes life easy for you, your vendors as well as the customers.
Whatever be your business model, i.e; a horizontal Amazon-like marketplace; Nykaa, Fristcry kind of vertical multi-vendor website or OLA, Swigg type of service aggregator platform, you would need a future-ready multi-vendor ecommerce solution. It should be designed to handle your current requirements and be futuristic enough to adapt to the changing market demands.
On top of this, your solution should be easy to use for you and also for your vendors and customers. We know from experience that a user-friendly platform not only increases business efficiency but also helps in increasing customer retention and order volume.
Let’s see what are the must-have features needed for all the 3 parties:
The multivendor marketplace solution should have the following features so that the admin focuses on business development rather than understanding the technicalities of the platform:
StoreHippo offers all the above features along with 300+ inbuilt features to run and grow the business.
Vendors need to be free from the trouble of handling the developmental aspects and get a system that helps them sell better and faster. They should get the following features:
StoreHippo’s comprehensive multi-vendor marketplace solution offers all the above features to make it easier for the vendors to manage their business.
Customers prefer shopping on multi-vendor portals as they offer them competitive pricing and a rich product catalogue. Along with these, customers need the following:
Storehippo easy to use marketplace platform with its inbuilt features offers all the above to your customers.
Choosing the right ecommerce platform for your online marketplace is crucial for your business success. A right decision can make it easy for you to manage the complex set up and focus on diversifying your product lines as well as exploring new markets.
For this, you need an easy to use marketplace platform that offers an end-to-end solution for running your B2B or B2C business. This is where, StoreHippo is a winner, hands down. We not only offer a solution that does not require additional plugins or apps, but we also offer you a fully hosted and managed platform.
Built on the mobile-first principle, you get a solution that helps you get a competitive edge through a mobile-ready multi-vendor solution. The SEO friendly platform also offers a powerful blog engine to build your brand identity. What’s more, you get an integrated payment and logistics solution.
Isn’t it all that you need to begin your winning streak? Get going with your disruptive model and we even have an inbuilt solution for multi-store and multilingual online marketplaces to let you experiment out-of-box models.
Check out the various types of Multi-Vendor Use Cases powered by StoreHippo and explore our platform by starting your 14-day free trial now.