It’s time to be all ears! If you are thinking of launching a multi-vendor marketplace to sell gifts and flowers, then this can come as good news. The global gifting market is estimated to be $475 billion and India is expected to emerge as one of the most influential contributors by 2024.
Not just personalised presents and corporate gifts, but the online sale of flowers is also spiking day by day! In fact, by including vendor listings for selling flowers, you will be part of an industry with yearly revenue of $34.3 billion!
As far as an online marketplace for selling gifts and flowers is concerned, there is an emergence of new players. There are also better ways to deal with customer expectations and sales challenges.
To rise above the clutter, you will need to plan a stepwise strategy that can help you launch your brand as soon as possible. More so because by the time you are still glued to the math, opportunists might already be looking for ready-made platforms to create their store!
Hence, here are a few ideas that will help you jump on the bandwagon of starting a multi-seller business for gifts and flowers.
Table of Contents
Every multi-vendor marketplace starts empty. But one thing that will differentiate you from your competitors in the long run and help you attract traffic is - quality sellers
Look at popular business models that grew their base. Ferns N Petals started a chain of around a dozen retailers, to begin with. Soon, the brand tied up with farmers and provided them with the best seeds to grow different kinds of flowers. Now, this brand is sitting on the top of the flower chain!
Hence, there are many ways to attract sellers to your business. You can;
- Reach out to vendors that have already listed their products on popular stores
- Get in touch with distributors offline for your online marketplace
- Join online forums and communities where you can get in touch with sellers
Since gifts include an assortment of different products, having more vendors can help you drive more traffic. Moreover, people also think of gift options depending on aspects such as price range, longevity, value for money, etc.
Therefore, it is better to have sellers that sell low-cost products as well as high-range items. The same also applies to flowers. You can have vendors for your multi-vendor marketplace that can cater to small orders as well as focus on large-scale orders for weddings, parties, religious celebrations and more.
Have you gone through popular gifting stores and flower shops? How beautiful and appealing they are! Likewise, your multi-seller store should also have customer-winning pages.
There are three ways through which you can create pages that sell;
- Appealing design: Customers who invest time to purchase something for their loved ones would like to navigate a beautiful website. By choosing a relevant theme you can enhance the overall look and feel of your online marketplace website
- Product pictures and description: Flowers that appear beautiful at one look on the screen tend to easily go into customers’ carts. And so is the case with products! High-quality pictures along with detailed and flowery product descriptions can help in convincing customers against content that is just too bland
- Reviews and recommendations: 93% of online shoppers make their purchase decisions after reading reviews. Customers might want to assure that the flowers will be fresh and beautifully wrapped. They might want to get an assurance that the products will be delivered safely so that it serves the occasion for what it is purchased. For instance birthdays or anniversaries. Including customer reviews through texts and videos can assure new buyers that your online marketplace is reliable.
When you depend on a web platform that offers customisation, you can have a two-way benefit. Custom options enable you to tweak your business processes as per your needs.
At the same time, it helps in providing users with a more personalised shopping experience. As far as the sale of gift items and flowers is concerned, giving your shoppers a customised feel is the key to improved sales.
The benefits of custom options are not limited to drag and drop features alone. A good solution should be able to offer you an array of tools to enhance your efficiency.
Options such as customised search filters, faceted search can help customers to find their relevant product on your multi-vendor marketplace in no time.
Days when people visited a physical store to purchase a gift item are behind us. Whether it’s searching for flowers for their loved ones or seeking corporate gift options – the majority of the people browse a multi-vendor marketplace through their smartphones.
Chances are that their smartphones might also have a whole lot of apps that they might be using frequently. Precisely for this reason, apps for popular web stores like Giftcart and the likes are used more often.
To be able to provide this ease to your customers as well as appear in organic searches on the internet, you need to build your store with the mobile-first approach. This way, customers will be able to navigate your online marketplace using any device and screen size.
Nearly half of mobile users switch to your competitor instead, after a poor experience with your website. The mobile-first technology will ensure that your vendors connect with shoppers on the go!
When it comes to the gifting business, cash on delivery is out of question. Unless the customer is first planning to get the product delivered at his or her doorstep and then gift it to someone.
In the majority of the cases, shoppers would want to pay with their debit or credit cards or through e-wallets on your multi-vendor marketplace.
Having an online platform that is easily integrated with different payment gateways can be beneficial to enable more shoppers to close the sale in their preferred mode of payment.
Along with these integrations, it is also important to ensure safety measures and certifications to assure customers that their information is protected.
Besides convenience, what makes customers return to your online marketplace for the purchase of gifts and flowers? An assurance that you will be able to deliver their chosen products;
- In the promised time-frame
- Without any damage
- Wrapped in beautiful packaging
Promising customers an assured delivery through reliable carriers and automatic shipment solutions is crucial to win their trust. Reputed providers will not only help you beautify your product packaging but also take care of other aspects like timely and safe delivery.
At the same time, automated shipping solutions like real-time tracking, scheduled pick-ups, etc. will reduce dependency and minimise issues of shipment including reverse orders.
The best and easiest way to start your multi-seller store for gifts and flowers is by relying on a good ecommerce platform. Multi-seller websites built through a Saas-based solution helps you with the quick launch and come with pre-installed features to manage your vendors, commissions, sales and customers.
StoreHippo ecommerce platform is an all-round solution to help you set up your multi-seller business model that is extremely professional. Besides the above-mentioned features, StoreHippo provides the following benefits for your multi-vendor marketplace;
- Rich theme library with hundreds of different designs
- Flexible options to add endless vendors, storefronts and product pages
- Excellent CMS to write descriptions, blogs, videos and more
- Separate vendor dashboards, admin panel and seller ledgers
- Systematic order management for approval flow, inventory management and shipping for each vendor
- Progressive Web Apps to enhance customer experience
- Site security with SSL certification and secured gateways with PCI compliance
- Integration with its shipping aggregator platform, ShipKaro
With so many inherent features, you can quickly roll out an online marketplace to sell gifts and flowers. Still having doubts? Why not explore our feature-rich platform with a 14-day free trial store? Get in touch with us by dropping a line below!
With StoreHippo’s built-in multi vendor ecommerce marketplace solutions, you can build, run and manage highly scalable gifts and flowers online marketplace. The powerful features from StoreHippo like end-to-end vendor management solutions, adaptive payments, etc help you seamlessly run your business.
Yes, turnkey multi-vendor marketplace solutions from StoreHippo are scalable and keep upgrading features periodically. StoreHippo offers a fully hosted and managed solution. It also helps manage fast-growing businesses with high-volume sales.
With StoreHippo, you do not need any additional plugins to manage your vendors on your online gifts marketplace. StoreHippo comes with a comprehensive in-built vendor management solution that offers complete vendor management solutions.
Yes, StoreHippo’s powerful in-built discount engine helps online marketplaces offer personalized deals, and offers to their customers. With easy tools to segment the customers and customize different deals and coupons based on their order value, purchase history etc., you can offer various personalized deals on your gifts and flowers multi-vendor marketplace
StoreHippo comes with 30+ preintegrated shipping providers and automated shipping solutions. Also, StoreHippo has a built in delivery boy solutions to help marketplace vendors manage their own fleet of delivery boys. With the automated shipping solutions real-time tracking, scheduled pick-ups, inbuilt map for correct order routing etc., you can ensure timely hyperlocal deliveries.
With StoreHippo’s mobile-first technology, you can quickly build Android or iOS apps directly from your admin dashboard at no additional costs with no need for coding. The stores powered by StoreHippo are PWA stores that look, feel and work like mobile apps even on entry-level devices.
Yes, you can seamlessly expand your gifts and flowers online marketplace to global markets with the go-global features from StoreHippo. You can integrate multiple domestic and international payment gateways with multiple currencies on your online marketplace. You can also offer multilingual websites to your global customers for enhanced engagement and better conversions. StoreHippo’s powerful tax engine also makes it easy to calculate location-based taxes and generates multi-currency invoices for your customers and sellers.
Yes, with StoreHippo, you get full support for COD and Offline Payment modes to target more customers. You can also integrate multiple online payment gateways on your gifts and flowers online marketplace.
Yes, StoreHippo offers comprehensive location-based multi store ecommerce solutions. You can create multiple sub-stores based on your customer’s geolocation catering to the needs of various customers based on local demand analysis.
Yes, you can make your email marketing simpler, smarter and faster with effortless email solutions from Mailchimp or any other marketing tool of your choice. You can also seamlessly integrate multiple marketing tools on your gifts and flowers online marketplace.
Yes, with StoreHippo you can target your customers on multiple channels to boost your engagement and get higher conversions. The next-gen omnichannel solutions from StoreHippo, enable brands to create multiple customer touchpoints quickly using the same backend logic and APIs.