Online marketplace script for the startups adventure

Online Marketplace script for the startups adventure Fancy clone - Appkodes

• ECommerce the largest revenue sector with a diverse business model which fits any kind of new startups.

• Among these the main reasons behind online merchants and brand manufacturers is selling their products in online marketplace to acquire reach and increase their conversion rate.

• It creates an option for the users to choose products with multiple choices for the same products from various vendors.

• The marketplace holder/owner will manage the reach on attracting visitors and money flow over the system, whereas the third party or the vendors in the marketplace will deal with product manufacture and shipping them.

• We all knew some of the best online marketplace is ebay, amazon, fancy, Etsy, sears and lot more.

• How these online marketplaces get revenue? The online marketplace script takes a part of the fund as commission on every transaction through the system.

• There are many types of online marketplace, namely c2c or customer to customer targeted to build community between buyer and seller. • Like classifieds and buyer seller based websites which are served by and served to customers or enduser While in business to business to customer in which the platform for tiny business people to sell their goods.

For a basic multi vendor or online marketplace script an entrepreneur should look after the following features, • For admin or the marketplace owner the ecommerce solution should provide the legible back end with overall control with site management some are like user management, products and category management and payment management and much more. • For the Merchant or the seller in the marketplace the business should possess features like individual store option for sellers, allows them to track their sales and management, reviews for them to highlight the best sellers and so on.

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