The COVID disruptions and crisis response to the unprecedented situations established the B2B marketplace model as a clear winner for business owners, sellers and enterprise customers.
Reports from Gartner and DHL suggest that 80% of B2B sales will be done online by 2025. Interestingly, global B2B multi-seller websites reported 5.3X growth in sales from 2020 to 2022. Also, B2B marketplaces have registered 7.2X faster gro...
All of us have come across some or other online marketplace while surfing for products online!
But, have you ever wanted to build your own marketplace website one day?
If yes, you have just come to the right place. We are going to explore the Indian ecommerce market and have a detailed discussion on how to create online marketpl...
The “multi vendor marketplace” or the “zero inventory model” has taken the ecommerce sphere by storm. While Amazon and its skyrocketing growth popularized the model, various adaptations of the marketplace model by successful brands like eBay, IndiaM...
India is a true powerhouse of art and handicrafts. From the immemorial times, the handicrafts of India have left everyone awestruck because the country is blessed with affluent cultural heritage.
Almost every region of the country has a particular specialty – miniatures of Rajasthan, Kalighat of Bengal, Marble craft in Agra, she...
Thinking of ways to accelerate your business growth without investing upfront? How about pivoting to the ZERO inventory multi vendor marketplace model?
Wonder why this very model and not any other?
Well, the reasons are numerous.
But before we delve into the reasons, let’s first do a quick market and trends analysis.
Why enterprise brands should consider the Multi Vendor Mark...
Did you know that the online grocery market is expected to reach a value of INR 1,034.13 Bn by 2023?
The trends and stats for the Indian online grocery market are very encouraging. Have a look;
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Did you know that growing at an annual rate of 51%, the Indian Ecommerce revenue is highest in the world. Driven mainly by the popular multi vendor marketplaces, this growth also underlines the huge demand-supply gap.
While Amazon leads the race, many home-grown players are gradually grow...
When we think of a multi vendor ecommerce website, we think Amazon.
Such is the massive growth and popularity of the brand that it has literally metamorphosed into being a search engine for products rather than just being
When you search online for the highest revenue-grossing ecommerce stores, the top 5 results are the names of one of popular marketplace websites like Amazon, Walmart, Alibaba, eBay etc.
It won’t be an exaggeration to say that when you create a multi-vendor website you set up your business for growth and success. After all, online marketplaces are the most visited eCommerce stores by customers looking for any kind of products or services.
Need proof to validate the claim...
Hey entrepreneur! Launching a multi vendor business is one thing. But that’s not all! Your journey actually begins when you start having customers to the storefronts and your venture makes a good amount of profit.
Unfortunately, very few multi-seller stores achieve this big milestone – where they attract sellers and buyers consistently.
There is no rocket science to build a
Did you know that by 2027, 62% of global online shopping is predicted to be done on online marketplace websites? What’s even more interesting is that 48% of ecommerce customers go directly to a multi vendor portal when shopping online.
62%- Online sh...
The astonishing growth of ecommerce has redefined our shopping habits and the concept of e-tailing forever. It is forecasted that 22% of global retail sales will come through online sales by 2023, a massive 56% increase from 2019.
What’s even more interesting is that 57% of global online sales are done on
Multi-seller online stores are one of the hottest ecommerce business models. You just have to take a look at your mobile phone and you can find at least half a dozen marketplace apps where you are ordering regularly. Right from getting your everyday supplies to booking healthcare appointments, hailing cabs or ordering food, we are dependent on one marketplace solution or the other.
To understand the popularity of the all-pervading multi-seller model, let’s check how mult...
