The ecommerce market in the UAE is growing fast. In a report by Statista, the value of e-commerce sales of the United Arab Emirates is forecasted to grow to $27.08 million by 2022, making it the second largest e-commerce market in the Gulf Cooperation Council (GCC).
So, what has made this possible? Well, a tech-savvy population, their trust in digital payments, and proactive government policies are only some of the factors that make UAE among the top ecommerce shoppers. According to Gulf News, UAE has the biggest annual spend per online shopper of $1,648. UAE has managed to rank above emerging as well as mature e-commerce markets when it comes to the average shopping size. Now, isn’t that amazing?
With the ecommerce market thriving in the region, it is no surprise that the demand for the best marketplace builder is increasing. More and more organizations are following the lead of the top ecommerce marketplaces in UAE and building their own ecommerce spaces. The leading marketplaces, whether B2B and B2C, have been successful in shifting the shopping trends among the consumers from offline to online with the help of the latest technology and a customer-centric approach.
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Let us look at the top 5 most successful marketplace websites in UAE :
1. Amazon.ae
We all know Amazon, no matter which part of the world we live in. Amazon is a B2C multi vendor marketplace offering almost all possible things an average consumer could need, from books and kitchen supplies to electronics and furniture. In addition to physical products, it offers e-books for Kindle devices, entertainment streaming service through Amazon Prime Video, and a lot more. Amazon has secured the top position among ecommerce marketplaces in UAE due to its high customer services, low prices, and easy availability of products.
2. Dubizzle.com
Dubizzle is UAE’s top online classifieds website where you can find jobs and buy and sell anything in your community, from apartments to cars. You can choose between free and featured ads as per your requirements. Dubizzle’s mobile app is available on Google Play Store and Apple Store.
If you are looking for the best marketplace builder to build a similar website, StoreHippo is the answer. It offers comprehensive ecommerce solutions with features such as global reach, easy customizations, etc.
3. Aliexpress.com
Aliexpress is a Chinese ecommerce marketplace offering a wide range of products from beauty to mobile to gardening supplies in the UAE. It is a part of the Alibaba group, one of the biggest ecommerce groups in the world. It is popular for offering products at low prices.
4. Mumzworld.com
As evident from the name, Mumzworld is a leading multi vendor marketplace in UAE offering a huge variety of products for moms and babies, from maternity wear to toys to diapers to school essentials.
5. Groupon.ae
Groupon is a one-of-its-kind American marketplace website that provides a platform for consumers to find local merchants. It offers daily discounts and deals on activities, travel, goods, and services in the UAE. What makes it different from others is that it offers group discounts.
These are the top 5 most successful marketplaces in UAE. If you are planning to build a marketplace website like these, StoreHippo is the best marketplace builder in UAE for you. It offers loads of features to build extraordinary ecommerce marketplaces. How do we do that? Well, read below to find out.
StoreHippo offers the following solutions for building multi seller websites that match the top marketplaces in the UAE:
1. Separate Vendor Dashboards
With this feature, different vendors will be empowered to manage their businesses independently without any interventions. The dashboard would help them keep track of their orders and inventory. This is a useful feature for a multi vendor marketplace as it provides each vendor with details such as order summary, sales report, best selling products, revenue details, etc. and helps them proceed further accordingly.
2. Approval Flow
This feature gives the admin complete control over the vendor activity. The admin can approve or reject the products that go up on the website. The admin can even keep a check on the price, quantity and other details about those products.
3. Separate Seller Pages
No vendor on your marketplace would want to be lost among others. StoreHippo helps you create separate pages for all your sellers, which is what makes it the best marketplace builder in the UAE. Using this platform, you can create unique seller pages that go on the front end and help the sellers attract customers. On this page, the consumers can find complete details about the seller and the products sold by them
Now, isn’t that something your vendors would just love?!
4. Commission Set Up and Adaptive Payments
Calculating commissions is a tiring task, especially if you’re working with multiple vendors.Well, if you have StoreHippo as your ecommerce platform for your multi vendor marketplace, then it’s not!. StoreHippo allows you to add commission rules easily, whether it is fixed or percentage-wise. It automatically calculates the commission on every order. Moreover, with the adaptive payment feature, the payment automatically gets paid in seller and admin accounts, right from the payment gateway itself.
5. Order and Shipping Management
What makes StoreHippo the best marketplace builder is the freedom it offers to the vendors to manage their order and shipping seamlessly. It provides them an overview of order status, whether it is in open, cancelled, or closed. It allows them to manage the shipping directly, and allows them to generate and print invoices, mark shipped orders, cancel orders, etc.
6. Vendor Comparison
This feature is very useful for customers who are shopping from a multi vendor marketplace. It offers them a view of different vendor profiles and allows them to compare the sellers before buying a product. This allows them to choose products as per price, reviews, and other criteria. This gives them the customers the power to make informed purchases and builds their trust in the marketplace.
Final Words
If you are looking forward to building an ecommerce marketplace in the likes of the most successful marketplace websites in the UAE, StoreHippo is one of the best marketplace builders for you. Apart from the features mentioned above, it offers a plethora of other features such as inbuilt marketing, integration with custom shipping solutions, multilingual support and multi currency features, etc. that can help you in customizing the marketplace for local buyers.
By using these features, your ecommerce website can rank among the top ecommerce players in the region. All you have to do is start a 14-day trial with StoreHippo and you’re all set to write your success story!
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