How To Build An Online B2B Marketplace

How To Build An Online B2B Marketplace

Enables vendors, sellers, distributors, resellers, affiliates etc. to sell goods and services digitally to other businesses

What is an Online B2B Marketplace?

An online B2B marketplace is a marketplace website that:

The B2B marketplace offers its sellers complete IT solutions

Sellers also get paid marketing options for product placements

B2B marketplace also offers logistics support, customer support etc.

How does an online B2B Marketplace function?

B2B marketplace website and apps are built for the brand

A separate dashboard is given to each vendor to manage their inventory, orders shipping etc.

Sellers, distributors, dealers are on boarded on the online B2B marketplace

Different levels of sellers, their distributors etc. are assigned different user roles

Clients search for products on the B2B marketplace and raise a RFQ

RFQ is sent to different vendors who submit their quotes, MOQ etc.

How does an online B2B Marketplace function? (Cont..)

The clients compare the quotes and negotiate further if needed

After final price is decided buyers place the order

Sellers use B2B marketplace shipping services or their own fleet of delivery boys

Order is delivered in bulk to the client's address

The seller receives order notification and prepares the order for dispatch

What are the top reasons for building an Online B2B marketplace?

Freedom to explore new markets in diverse geolocations

Onboard new sellers & distributors easily

Automate & centralize product & sales management for better business overview

Gain better brand visibility by selling on multiple digital channels

Manage dealer/seller networks efficiently with central visibility

Quicker order cycles and faster fulfillment due to automation

Cost-efficient as saves costs on CapEx, staffing etc.

Sell more by creating personalised omnichannel buying journeys

Customizable theme design to build personalized landing pages

Future-ready technology that gives flexibility and agility to stay ahead of market conditions

How does an online B2B Marketplace function?

Inherent elastic scalability to accommodate rapid changes

Extensive and comprehensive vendor management solutions

Ease of B2B marketplace website customizations at the backend and frontend

Feature to assign different levels of user access and user roles

How does an Online B2B Marketplace function? (Cont..)

Inbuilt B2B features like RFQ, multi pricing, restricted login, customizable forms, MOQ etc.

A variety of apps like, B2B marketplace app for the customers, admin app (sellers+admin), delivery boy apps etc.

PWA stores to reach sellers and buyers even in areas with poor internet connectivity

Quick and seamless integrations with the chosen third party software and service providers

How does an Online B2B Marketplace function? (Cont..)

Support for different payment methods to accept and remit payments

Multi-level security features to build secure online B2B marketplace

Automated and integrated logistics solutions to streamline bulk order fulfillment

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