What is a Multi-Vendor Ecommerce Store?
An Ecommerce multi-vendor marketplace store is a large online store which has multiple vendors selling different or similar products or services. The vendors are responsible for the inventory and shipment of the orders. The marketplace store owner is responsible for the IT infrastructure, brand building and marketing to attract more customers to the multi-vendor ecommerce website.
Examples of popular marketplaces include Amazon, that sells a variety of products, Myntra a lifestyle and fashion marketplace dealing in apparel, makeup, accessories etc., Zomato which is a food aggregator service bringing together restaurants on a common Ecommerce multi-vendor marketplace store and delivering food to individual customers
Features Needed In Multi-Vendor Marketplace Solutions
Choosing the right multi-vendor marketplace solution is essential for the success of your business whether you plan to build a horizontal marketplace like Amazon, Vertical multi vendor website like Nykaa or a service aggregator platform like OLA, Swiggy etc.
Creating your marketplace website is the first step towards building a successful online business. However, to get a smooth and streamlined process and finally grow it to reach millions of customers and products you will need the right ecommerce software solutions.
While there are other solution providers that offer multi-seller solutions using paid apps and plugins, StoreHippo offers an inbuilt multi-seller solution. The fully hosted and managed, feature-rich platform has everything you need to run a marketplace of your own.
Let’s check out the modules you get when you build an ecommerce multi-vendor marketplace store with StoreHippo :
1. Simple Vendor Registration
Easily onboard vendors by offering a simple registration process
2. Individual Vendor Admin
Offers a separate admin panel to each vendor to manage their products, orders and shipments.
3. Separate Vendor Pages
Separate seller pages on your multi-vendor ecommerce website to help vendors display their products, prices, product description etc.
4. Ledger Rules
Set up rules for payments to vendors, commissions and taxes easily. Automate all payment and commission processes to free time for business development.
5. Ready For M-Commerce
StoreHippo multi vendor marketplace solution is built with a mobile-first approach. You can build your Android and iOS apps right from your admin without any additional cost.
6. Beautiful Design Theme
Choose from 100+ device optimized themes to engage and convert your visitors. Mix and match themes and use dynamic marketing pages to run quick promotions.
7. Multiple Payment Gateways
Get 40+ pre-integrated payment gateways, store wallets etc. to facilitate easy checkouts.
8. Order management
A feature rich order management module to help you manage multi-product orders and split them among vendors on your ecommerce multi-vendor marketplace store.
9. Marketing Tools
Powerful discount engine to send out discounts, coupons and run promotions for better sales on your marketplace.
10. Secure And Reliable Site
Get a secure site right from start with FREE SSL generated right from your dashboard at no additional cost.
With such a detailed setup in place, all you need to do is, just choose your StoreHippo Plan and roll your marketplace. Start onboarding vendors and promote your multi-seller online store across social media using simple social media integration tools offered by us.
That’s it and you are set to write your own success story!
Why Use StoreHippo To Create B2B + B2C Ecommerce Multi-Vendor Marketplace Store
StoreHippo has a comprehensive set of 300+ inbuilt features that solidify our multi-vendor marketplace offering. Our inbuilt ability to build enterprise grade online stores comes handy for creating B2B multi-seller online stores for any industry vertical. We have already built many successful stores that have helped our B2B clients streamline their processes and manage their distributors, manufacturers, brand owners and retailers efficiently.
Along with this the extensive customizations help B2B and B2C marketplaces to have unique business models that are easily scalable and can work well even during peak load. Our clients have been able to create out of box business models using multiple complex set-up of ecommerce like multi-store, multilingual and location based stores.
StoreHippo offers a fully hosted and managed ecommerce multi-vendor marketplace store solution to build horizontal, vertical and service aggregator marketplaces of any size. What’s more you can tweak our platform inside out to create out-of-box solutions to disrupt the market.
Check our Multi-Vendor Use Cases to see the variety of multi-vendor ecommerce stores powered by StoreHippo DIY ecommerce platform. Explore our features by starting your 14-day free trial now.