An ecommerce marketplace website builder is a software solution used for building a variety of online multi-vendor stores like Amazon, Alibaba, eBay, Nykaa, Firstcry etc. Popular marketplace builders incorporate various modules that can be used to build, run, market and grow a multi-vendor ecommerce store.
Multi-vendor software providers can be of the following types:
While enterprise brands can build their marketplace using any of the above multivendor marketplace solutions, going with a fully hosted and managed platform like StoreHippo to build a marketplace website is a smart choice as it frees the admins from the worries of managing the IT infrastructure. Also, with Storehippo 300+ built-in enterprise-grade features, brands do not need to buy additional apps or plugins which saves their costs from snowballing.
Accounting for more than 50% of global online sales multi-vendor online stores are the proven way to ensure quick success in the ecommerce sphere. The easy accessibility of new-age ecommerce marketplace website builders has made it simple, fast and cost-effective to build and launch a multi-seller online store.
While you can use clone scripts or hire a development agency to write your marketplace code from scratch, opting for a turnkey multi vendor marketplace solution is a more prudent choice. It not only gives you a battle-tested solution but you can also check out the real case scenarios to validate the claims made by your solution provider. This will help you avoid pitfalls after your marketplace website is live. However, you need to choose your solution provider after checking it on some stringent parameters.
Here are the benefits of powering your marketplace website with a turnkey marketplace builder:
StoreHippo offers 360-degree solutions to enterprise brands to build multi-vendor marketplaces of every scale and size. StoreHippo offers powerful solutions to create disruptive hybrid marketplaces that combine two or more marketplace set ups like B2B and B2C/D2C, hyperlocal marketplace with multi-store set up etc.
While it takes many modules and features to run a successful online venture, the marketplace website requires some additional modules. Here is a list of all the essential and good to have features in your multi-vendor marketplace software.
Running a marketplace smoothly and seamlessly needs a set of features that make the everyday business automated and efficient. Here is a list of must-have features in a marketplace software:
StoreHippo multi vendor marketplace solutions come with all the above features to help enterprise brands run and manage their day-to-day business efficiently.
Features of Ecommerce Marketplace Website Builder that give you a competitive edge
While building a marketplace website gives enterprise businesses a headstart, staying ahead of the competition requires some additional features in the multivendor solution supporting your business.
Here is a list of features that can make a multi-vendor ecommerce site stand out from its competitors:
StoreHippo multivendor solutions are built on MACH architecture which gives better creative control and a definite competitive advantage to brands. With the API-based headless architecture brands can create personalized buyer journeys to engage their customers better. StoreHippo also comes with an inbuilt mobile apps builder to build marketplace apps and PWA stores. The built-in design tools and multilingual support in themes enable brands to build beautiful, engaging and conversion-oriented multi-vendor websites. With 60+ pre-integrated payment gateways and 30+ integrated logistics solutions, storeHippo helps enterprise brands carve a niche for themselves.
After setting up a multi-vendor ecommer store brands need a gamut of tools and solutions to grow their business.
Here is a list of features needed in your marketplace solutions to grow your brand:
StoreHippo ecommerce marketplace website builder offers all the above features and many more to build a variety of online marketplaces.
Here is how you can use StoreHippo ecommerce marketplace website builder to create your Amazon-like Horizontal multi-vendor online store. Let’s get started:
Step 1: Work out a thorough business plan that includes your targeted market, vendors and products
Step 2: Register your business and complete all the required paperwork
Step 3: Buy a domain name for your business
Step 4: Choose a subscription plan from StoreHippo ecommerce marketplace website builder
Step 5: Onboard vendors, retailers, distributors, suppliers and ask them to upload their products
Step 6: Set up vendor ledger rules related to commissions, payouts, taxes etc.
Step 7: Set up payment methods, shipping methods, discounts or any other vendor-specific rules
Step 8: Set up social media pages and promote your brand through discounts, coupons, attractive blog posts etc.
Step 9: Build a dynamic marketing page and ask your customers to register on your online marketplace
Step 10: Ask friends to place mock orders, run the drill and go live.
With StoreHippo ecommerce marketplace website builder you get 300+ inbuilt features that not only help you in running your multi-vendor store but also help you promote it and complete the day-to-day operations without any fuss.
StoreHippo offers a battle-tested, turnkey solution to build a variety of B2B, B2C or any out-of-box multi-vendor marketplace websites. What’s more, the fully hosted and managed solution frees you from the burden of maintaining or upgrading the software. Also, it comes at a fraction of the cost of other multi-vendor solutions that need multiple paid apps and plugins to run the show.
StoreHippo multi-vendor marketplace solution has 300+ inbuilt features that eliminate the need of buying and syncing multiple apps for running the business. We offer 360 degree solutions with pre-integrated payment gateways and discounted logistics services that help you with various aspects of running your multi-vendor online business. We have inbuilt modules for vendor management, order and inventory management which make it very easy to run the day to day operations.
We have powered many a variety of horizontal, vertical and service aggregator marketplaces for businesses across the globe. You can also build a multilingual marketplace or a multi-store one to cater to customers in different countries or geolocations.
Check out the various types of Multi-Vendor Use Cases powered by StoreHippo and explore our ecommerce marketplace website builder by starting your 14-day free trial now.