Multi-seller online store is a proven way to get better traffic, conversions and ROI for your online business. We have already discussed the advantages of having an online marketplace over a regular webstore. However, despite the obvious advantages of the former we do not come across many marketplaces while shopping online.
Ever wondered what might be the reason and why do the entrepreneurs shy away from having a full scale multi-vendor marketplace? Well, if you do a bit of research you will be surprised to know that there is a paucity of e-commerce platforms offering this solution. This fact alone is the limiting many willing online business owners from having a fully function marketplace that has many stores on the same platform.
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What is the best solution to build an E-Commerce multi-vendor store?
If a business owner tries to build it from scratch, he has to shell out considerable investment in terms of time and money. Even if one has the resources at their disposal there is no guarantee that they create multi seller site that addresses the complex requirements of a marketplace.
Multivendor store needs advance technology which is future ready and attracts more vendors to do business using your platform. Even if the development team hired by an entrepreneur is experienced enough they might not have exposure of handling all the different cases and scenarios of multi-seller management, accounting, commissions etc.
Therefore, if you are planning to create multi seller site, you should opt for a well-tested solution developed after extensive research. Also consider the fact that to survive in the rapidly changing e-commerce environment, your marketplace solution should be able to do away with the limitations of old technologies and must be futuristic in its approach.
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How to create multi seller site instantly with StoreHippo
If you are really keen on having a future ready online marketplace, you should check out the multi-vendor ecommerce website option included in the StoreHippo Plan Package. Our platform provides a one stop solution for all the e-commerce needs of business owners who want to extend the functionality of their webstore to earn better profit.
StoreHippo offers you a no fuss, simple way to convert your existing website into a multi-vendor store which is ready for mobile commerce . You can incorporate the multi-vendor feature and extend your online store into a full-fledged online marketplace.
The advanced features of our backend gives you complete control of vendor management and allows to set up and moderate vendor and product profiles easily. It keeps you informed by sending email and SMS notifications for every addition, deletion, sale or upgrade of product by the seller. It also offers easy seller ledger management taking away the burden of cumbersome and complicated accounting.
Let’s have a look at the 5 simple steps that instantly convert your online store into a marketplace like Amazon, Flipkart, Jabong etc:
- Drop a mail at firstname.lastname@example.org requesting to add marketplace functionality to your online store.
- One of our team members would contact you to confirm your requirement and brief you about the additional payment for activating the feature.
- As soon as we receive the payment your store will be upgraded and you can create multi seller site instantly.
- Add sellers from the admin panel and ask the sellers to register.
- Define the seller ledger rules, commissions etc.
That’s it and you are done! Ask your vendors to upload their products and you have a fully functional marketplace. Now, focus on business expansion and earn commissions from multiple sellers using your marketplace.
The exclusive features of StoreHippo multi seller ecommerce platform
Have a look at some of the unique features of StoreHippo that promise to give you an edge over your competitors:
- Mobile first technology allows to tap potential buyers from every channel
- Easy vendor and product management features give full control over marketplace
- Flawless reporting gives your quick insight into multi vendor ecommerce website business
- Customization and flexibility allow to give the best user experience to your customers
- Scalable and extensible platform allows for unlimited expansion
- SEO ready platform allowing better visibility and brand building
- Apps, tools, discount engine and other features to assist marketing plan
- Completely secure and reliable platform hosted on cloud infrastructure
- Smart technology that gives seamless user experience
Have queries or need a tour of the exclusive features before taking the final call? Mail us at on email@example.com and our team would get in touch to answer your queries.
Keep watching this space for multi seller functionality where we will explain the concept with real cases. If you have specific queries you can also leave your comments below.