7 Must-Have Features In A Multi-Vendor Ecommerce Platform

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Multi-Vendor E-Commerce Guide

7 Must-Have Features In A Multi-Vendor Ecommerce Platform

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Why Multi-Vendor Ecommerce?

The success and record breaking sales of popular online marketplaces has established that online marketplaces are a virtual goldmine. Statistics underline their massive popularity: â—? Customers spent $1.8 trillion globally on online marketplaces in 2018 â—? Online marketplace accounts for more than 50% of global online sales â—? 95% of all consumers have already used a multi-vendor ecommerce marketplace

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Why Multi Vendor Ecommerce is a win-all model?

Admin Gets Full Control ● Admin controls vendors, orders, commissions, products & more ● Earns commission on each order ● ZERO investment in inventory.

Advantage For Vendors ● ZERO investment going online ● Freedom to sell multiple products ● Just register and start selling

Happy Customers ● Rich product catalogue ● Competitive pricing ● Unified platform for multiple product lines

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Checklist To Choose The Best Multi Vendor Ecommerce Platform To ensure that you have chosen the best multi-vendor ecommerce solution check whether it has the following features:

Check 1:

Performance and Flexibility

✓ ✓ ✓

Does it offer fast loading marketplace?

Does it allow easy customizations ?

Is it scalable to any number of vendors, users & products?

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✓ Is the vendor management streamlined?

Check 2:

Support for Vendor Management

✓ Do you get easy vendor registration and payout module?

✓ Are vendor inventory management, pricing, shipping distribution etc. simple?

✓ Can customers shop by brand, category, price range etc.?

✓ Do customers get pricing comparison and advanced search?

✓ Does it give large product display, videos and zoom view options?

Check 3:

Support for Vendor Management

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✓ Can you set up fixed and flexible vendor commissions?

Check 4:

Easy Accounting

✓ Can you set different shipping charges, discounts for your vendors?

✓ Do you get comprehensive vendor ledger for vendor receivables and payouts?

✓ Do you get IP based multi-currency support? ✓ Can you build a multilingual multi-vendor ecommerce marketplace?

✓ Can you setup country or region specific multi-stores within your online marketplace?

Check 5:

Options to go Global

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✓ Do you get a mobile website without additional Check 6:

Mobile First Approach

coding and cost?

✓ Can you build Android and iOS apps easily? ✓ Do you get a device optimized multi-vendor ecommerce marketplace?

✓ Is your multi-vendor ecommerce platform SEO friendly? ✓ Do you get easy tools for discounts and promotions? ✓ Can you promote yourself across various social channels?

Check 7:

Support for SEO and Marketing

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If you get all these features in a multi vendor ecommerce platform, go for it!

Start 14-day FREE Trial OR Book a Demo Email: binny.joseph@hippoinnovations.com Mob:+91-959-991-6383 www.storehippo.com