What is a multi vendor platform for enterprises?
A multi vendor platform for large scale businesses is a software designed to offer battle-tested solutions that simplify complex tasks like vendor onboarding, inventory control, and order fulfillment, helping enterprises manage vast operations with precision. An enterprise marketplace platform enables brands to modernise and standardise their operations by bringing all stakeholders and processes on a single platform and also provides real-time insights, empowering data-driven decisions to enhance sales, customer engagement, and overall brand loyalty. By leveraging a multi vendor platform tailored for large enterprises, businesses can achieve scalability, optimize vendor collaboration, and deliver seamless, branded experiences to the audience.
Here are a few functions of a multi vendor platform for enterprises:
- Reduces go-to-market time by building an advanced multi vendor marketplace quickly and easily
- Modernizes and automates processes for greater efficiency across departments
- Gives the flexibility to explore, innovate, and experiment with products, strategies, and markets
- Standardises processes across diverse vendor groups giving better business transparency and control
- Enables quick scaling to new products and geographies
- Helps build custom ecosystems by integrating with multiple third-party software
How is a multi vendor platform for enterprises different from regular marketplace software
Whilst both a multi vendor platform for enterprises and a regular marketplace software enable multiple sellers to come together and sell to the end customers. They however differ in terms of scale, features, and usage.
Here is a detailed differentiation between the two marketplace platforms:
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With a multi vendor platform for large scale business, enterprise brands can seamlessly accommodate their complex needs, reach a wider audience, and set their business on an upward growth trajectory.
StoreHippo is a SaaS-based multi vendor ecommerce platform that comes with a host of features and tools. It offers 120+ integrations and 300+ enterprise-grade features that make it easy for brands to streamline their business operations and carve a niche in the ecommerce industry.
What are the advanced features to look for in a multi vendor platform for enterprises?
Large-scale businesses are mostly shifting towards turnkey commerce solutions. Such enterprise solutions offer a battle-tested solution that can be seamleslsy tweaked to suit the business needs.
Here are some of the advanced features to look for in a multi vendor ecommerce platform for large businesses:
- Vendor Management Solutions: Easy vendor management solutions to help vendors register quickly and start selling on the marketplace. A separate vendor dashboard to help sellers manage their products, and orders seamlessly.
- Central Admin: Comprehensive central admin dashboard that reflects the overview of everyday business with fine details like vendor-specific sales, revenue, best-selling products, vendor performance etc.
- Omnichannel Solutions: Ready-to-use omnichannel solutions to help cater to the multi-channel selling needs of the business. The best multi vendor platform for large scale businesses helps create consistent buyer experiences across multiple channels.
- Integrations: Seamless integrations with the best-in-class software for ERP, CRM, POS, Accounting, etc. to enable businesses to build cutting-edge solutions. 60+ pre-integrated domestic and international payment gateways and 30+ logistics partners.
- Multi Store Feature: Advanced multi store solutions to help create a chain of multiple stores and target a wider audience base. Easy to allocate different product lines on different stores through a common database
- Pricing Override: Price override functionality to help brands list the same products at different pricing based on different location-based or product-based stores.
- Support For Different Business Models: Fully hosted and managed enterprise ecommerce solution with support for a variety of business models like B2B, B2C, B2B2C, etc. Easily switch to a different business model or create hybrid business models with inherent flexibility and adaptability from the best multi vendor software.
- Global Solutions: Built-in global solutions like multilingual support to help enterprise brands engage with their customers in their native language and multi currency support to help customers pay in their local currency. tax engine
- Analytical Tools: A host of marketing and analytical tools to help analyze customer segmentation and make data-centric marketing plans for business growth.
StoreHippo enterprise marketplace platform comes with advanced plug-and-play solutions that do not need any extra apps or plugins to help set up the best multi vendor marketplace. The 360-degree ecommerce multi vendor platform offers solutions for diverse business needs and for multiple business models.
Why is StoreHippo the best multi vendor platform for enterprises
StoreHippo the best multi vendor software offers a host of features that help build horizontal, vertical, service aggregator, B2B, or custom marketplaces for enterprises. StoreHippo comes with an intuitive and comprehensive vendor management solution that makes it easy for vendors to register on the platform and start selling. StoreHippo also offers a separate vendor dashboard for each seller to help them manage their business seamlessly. The StoreHippo enterprise marketplace platform also creates a separate seller page for each of the vendors giving them the undivided attention of the buyers.
StoreHippo comes with 300+ API endpoints that help create a customer-friendly marketplace to engage and convert better. StoreHippo also offers a rich design theme library with 100+ device-optimized themes to help create beautiful website designs. The easy-to-use drag-and-drop tool from StoreHippo makes it easy even for novice users to create customized professional-looking websites in just a few clicks.
Built on a mobile-first technology, the StoreHippo enterprise marketplace platform helps leverage mobile commerce and reach customers on their mobiles. StoreHippo helps create Android or iOS mobile apps right from the admin dashboard at zero additional costs and without any need for coding. The online stores built on StoreHippo are also PWA stores that look, feel, and work like mobile apps even on entry-level devices.
The fully hosted and integrated multi vendor ecommerce platform, StoreHippo helps build out-of-box enterprise marketplaces. The built-in marketing tools help enterprise brands reach the right audience. With the powerful built-in discount engine, brands can seamlessly offer multi-level discounts to customers. StoreHippo also comes with built-in SEO features that help brands rank higher on SERPs.
The multi vendor platform for large scale businesses, StoreHippo comes with 60+ payment gateways to help brands create a frictionless payment process for their customers. By integrating with multiple payment options, brands can enable their customers to choose from multiple options like digital wallets, store wallets, net banking, UPI, etc. StoreHippo also comes pre-integrated with 30+ logistics solutions to create a seamless supply chain. Enterprise brands can also integrate with more than one logistics provider to create a seamless supply chain and manage the bulk flow of orders. The multi vendor ecommerce platform, StoreHippo also comes with a powerful tax engine with complete support for GST, CGST, SGST, and IGST to help brands easily take care of tax compliances, and add multi-tier taxes for international orders. With the comprehensive global solutions from StoreHippo like multi-currency and multilingual, enterprise brands can also expand their business to global markets.
Ready to explore the multi vendor platform for enterprise businesses from StoreHippo? Get started with your 14-day free trial now.
