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
Offering 360-degree ecommerce solutions for B2B, D2C and B2C businesses Start your 14-days FREE Trial OR Book a Demo Email: reachus@hippoinnovations.com www.storehippo.com