What is a Multi Vendor Platform For Wholesale
A multi vendor platform for wholesale is a software solution that helps to build a wholesale marketplace for enterprise brands. Such software solutions help build, run, and manage enterprise marketplaces seamlessly. Using these turnkey solutions wholesale enterprise brands can go to the market in record time and build futuristic ecommerce solutions for their businesses.
Wholesale enterprise brands need B2B marketplace software that is equipped with robust features like RFQ, MQM, bulk ordering, inventory management, automated order processing, advanced analytics, etc to optimize business performance. B2B business models also typically involve custom pricing models, credit terms, advanced invoicing systems, etc. to cater to complex B2B wholesale processes. Additionally, the multi-vendor platform for wholesale should support multiple payment methods and automated invoicing, a simplified flow for complex transactions, and standardised processes to make it easier for businesses to focus on scaling their operations.
Why should brands build their marketplace using a Multi Vendor Platform For Wholesale
There are two ways to build a wholesale marketplace. Brands can either build the marketplace from scratch with a team of professionals which can be time-consuming or use a turnkey ecommerce solution provider. With advanced software solutions, brands can save a lot of time and budget along with a lot of other benefits:
- Go to the market in record time as compared to building B2B sales app or marketplace from scratch
- Cost-effective solution as brands do not need to spend money on IT teams or upgradation and maintenance of the software
- Access to advanced technology solutions to help B2B wholesale enterprise brands remain competitive in the market
- Little to no technical know-how is needed to operate the enterprise marketplace platform
- Offers a host of B2B features that can be used to automate mundane business processes and introduce standardization in day-to-day operations
- Comes with readymade solutions for different use cases helping brands experiment and innovate in record time
StoreHippo’s B2B marketplace software offers all these benefits and much more to help B2B brands chart an upward trajectory of growth for their business. The fully hosted and managed ecommerce platform, StoreHippo also offers 300+ enterprise-grade features, inbuilt marketing tools, 30+ integrated shipping partners, and 60+ pre-integrated payment gateways.
What are the advanced features required in Multi Vendor Platform For Wholesale
When brands choose their multi vendor platform for wholesale businesses, they also tend to look for solutions that offer robust B2B features. Here are a few must-have advanced features in wholesale software:
- Comprehensive multi vendor solutions that are easy to use for all parties involved
- Scalability to easily manage and handle large volume orders, vast product catalouges and huge distributor network
- Mobile-ready solutions to seamlessly create B2B sales app
- Inherent flexibility to create tailor-made wholesale marketplace that suits the unique business needs
- Bulk order management feature to manage a high volume of orders
- Tiered pricing to implement different pricing for similar items based on factors like order volume, location, etc.
- Personalization features to create a personalized buying experience for B2B buyers like customized quotes and rates
- Seamless integrations of wholesale marketplace with various third-party tools to build a unique ecosystem
- Powerful tax engine to help implement taxes for different locations
- Multiple payment options to ensure frictionless B2B payments
StoreHippo enterprise marketplace solutions come with all the mentioned features that help enterprise brands build conversion-oriented B2B marketplaces. Built on MACH architecture (Microservices, API-first, Cloud-Native, Headless Commerce) StoreHippo is a mobile-first omnichannel ecommerce solution that helps enterprise brands build tailored solutions and scale their businesses to the next level.
What makes StoreHippo the best Multi Vendor Platform For Wholesale
StoreHippo wholesale marketplace builder offers a complete ecosystem to help build innovative solutions. StoreHippo is a fully hosted and managed ecommerce solution that comes with cutting-edge technology to build scalable and customizable solutions. Built on headless architecture, StoreHippo makes it easy for enterprise brands to create customized buying journeys for various audience segments.
StoreHippo is a fully integrated enterprise marketplace platform that comes with 300+ inbuilt features and 120+ integrations. B2B enterprise brands can play around with designs using StoreHippo’s rich design themes library. The easy-to-use drag-and-drop tool helps even novice sellers to easily create professional-looking B2B website designs in just a few clicks.
Built on mobile-first technology, StoreHippo comes with a built-in mobile apps builder to help enterprise brands create B2B sales app right from their admin dashboard without the need for coding and at zero additional costs. Multi vendor B2B marketplaces built by StoreHippo are also PWA stores that look, feel, and work like mobile apps even on entry-level devices with poor internet connectivity. StoreHippo also offers multiple mobile apps for different users like admins, vendors, delivery boys, etc to help them handle their business on the go.
StoreHippo multi vendor platform for wholesale businesses comes with built-in marketing tools to help brands carve a niche for their brand in the ecommerce marketplace. Enterprise brands can create multi-level discounts with the powerful built-in discount engine with StoreHippo. With the built-in SEO tools from StoreHippo, enterprise brands can also rank higher on SERPs. The powerful tax engine takes care of tax compliances, offers GST support and allows enterprise B2B brands to add multi-tier taxes for international wholesale orders. The seamless integrations from StoreHippo help enterprise brands to integrate their wholesale marketplace with preferred software for ERP, CRM, accounting, payment gateways, logistics, etc.
Ready to create the best multi vendor platform for wholesale business with StoreHippo? Explore the 300+ enterprise-grade features by starting your 14-day free trial now.
