Easiest Way to Start Your Multivendor Marketplace (or, Amazon Like) Store[Video]:
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With time, there has been a significantly high surge in the number of e-commerce stores and online shoppers. In this high-paced, ever-changing, and evolving e-commerce industry, the trends constantly fluctuate. The online buyer of 2020 is way smarter than ever before and likewise demands a platform that saves time and is efficient at the same time. And the best solution to this demand is a multi-vendor marketplace. A multi-vendor e-commerce website works as a one-stop destination for all your customer needs. In case you’re an online marketer or a business owner, who is looking forward to stepping into the e-commerce industry, starting a multi-vendor marketplace can be the turning point for your business’ success. In this blog, we will be laying emphasis on the easiest ways of starting a multi-vendor marketplace or a multi-vendor e-commerce website.
Before the real innovation starts kicking in, the next decade is going to be all about turning an unorganized sector into a structured one. And with the mammoth population that India has, only technology can assist these nation builders -entrepreneurs – to the maximum extent and effect.
As a result, today is time for connecting the dots – not in a way writer’s imagination works. But, connecting organized sectors services with its takers through technology.
It is where a multi-vendor marketplace stands out. From e-commerce giants, Flipkart, Snapdeal, Amazon, and Shopclues to cab aggregator services like Ola and hotel booking apps like OYO and Airbnb, all these companies are gathering millions of unorganized sector people under one giant umbrella of a multi-vendor e-commerce website by offering robust and easiest solutions to the most common problems.
Why a multi-vendor marketplace?
All the aforementioned unicorns are examples. So, now the question is why so much hype about the multi-vendor e-commerce website? And what exactly makes it highly successful? Well, we have broken the monotony of multi-vendor marketplace down for you in some simple steps. Let’s have a look at why the multi-vendor marketplace platforms are leading the e-commerce industry:
- Most of the multi-vendor marketplace platforms have just found the problems plaguing their industry, and with these problems rooted out, they became go-to solutions for the consumers.
- From Ola to Flipkart, and OYO to Snapdeal, the customers not just accepted the idea of the multi-vendor e-commerce website but embraced it. Why? As already mentioned in the previous point, the need for better service was always there and these companies delivered the right set of technical solutions via a multi-vendor marketplace.
- However big may be the impact of these companies, there is no invention but re-invention or application of technologies. This could prove to be a great savior for aspiring entrepreneurs as they just have to look for the gaps in the market and technology is already there to compliment them.
Looking forward to starting your multi-vendor e-commerce website? Here are the easiest ways:
The multi-vendor marketplace industry will be manifold in the future and the sellers and aspiring entrepreneurs will be the biggest contributors.
Although the journey to becoming a successful e-commerce entrepreneur is long and tiresome, some solutions can cut short their time and effort. For sellers who want to expand their existing store or for future entrepreneurs who have found their golden idea but are struggling to assemble their technical team, starting a multi-vendor marketplace can be absolutely beneficial as multi-vendor marketplace solutions come as a boon.
Tailored to meet the general and unique requirements of e-commerce, the multi-vendor marketplace solutions come as a troubleshooter for the sellers and entrepreneurs. With these solutions, starting a multi-vendor marketplace can be extremely smooth and easy. Several companies offer these solutions at affordable pricing. However, we at CedCommerce, offer the Magento Multi-Vendor Marketplace for free as well.
What can be done through Magento 2 Multi-vendor Marketplace Basic?
For sellers that just want to learn and understand the nuances of the multi-vendor marketplace platform, or for aspiring entrepreneurs trying to make it big with their idea, the basic platform built on the world’s most popular platform – Magento 1 & 2 – comes as a great solution for their multi-vendor e-commerce website.
Sellers can use this extension to develop their MVP (Most Viable Product). It saves both of them from all the technical hassles
Shop Specific URL:
With this extension, the vendor becoming a party to your multi-vendor marketplace platform can have their unique presence with their Shop specific URLs. The vendors can create their shop’s page and upload their products at the multi-vendor e-commerce website.
The Admin can easily manage all the orders placed, products being uploaded and the transactions being done on his multi-vendor marketplace platform.
And, to enable admin to market their products to the masses, the multi-vendor marketplace solution has a multilingual feature that enables admin to reach out to people who can’t speak their languages.
In case of the returns that are initiated, the admin can generate the refund and debit the amount from the vendor’s account on the multi-vendor marketplace platform.
As the analysis of the business is critical for its success, the multi-vendor marketplace solution has an outstanding user-friendly analytical dashboard.
Also, the most important factor of the Marketplace Basic (For Magento 1 and Magento 2) that their Premium Versions (Magento 1 and Magento 2 )are nothing but the combination of basic and 9 more absolutely vital add-ons that can really put your business into the fast lane. Therefore, it can be proved to be the gateway for your future glories and more importantly the easiest one. So put in your present smartly to have an even brighter future.
Starting a multi-vendor marketplace can’t be any less easy, no? So, buckle up and start your journey towards starting a multi-vendor marketplace. We, at Cedcommerce, are always ready to help if it’s about the e-commerce industry. Our e-commerce marketplace solutions and extensions have helped thousands of our users in starting their own multi-vendor marketplace. Get in touch with us today to know more about how we can help you in starting a multi-vendor marketplace.