Multi-Vendor Marketplace Solutions

A multi-vendor marketplace is a kind of eCommerce store that brings together buyers and sellers while the platform generates revenue from fees. Our developers design B2B/B2C multi-vendor marketplaces that fully suit your business model and meet the needs of end-users. Here are some insights about the multi-vendor eCommerce industry:

78%

of Online Purchases in Canada Are Done on a Computer

Despite the rise in the use of mobile devices, most Canadian shoppers are on their computers. Hence, a clean desktop layout and design is a crucial element that we consider while developing multi-vendor marketplaces.

60%

of all B2B tail spend goods are Being Ordered on eCommerce Marketplace

Most organizations are embracing the “online opportunity,” and typically go to multi-vendor marketplaces to order inventory for business operations. Launching a market-ready eCommerce platform is an ideal opportunity to key into this growing demand.

55%

of B2B/B2C Vendors Generate 50% More Revenue By Selling Online

While initially hesitant to go online, most vendors discover that selling via a multi-vendor marketplace increases their profit numbers significantly. Offering an online store to sell your products or help vendors to meet their sales objectives means more profit for you.

20%

of the top 1000 eCommerce websites in the U.S. and Canada use Magento B2B Marketplace Software

Our developers can help you build multi-vendor marketplaces from scratch or use popular software like Magento, Shopify, and WooCommerce. The final result is a user-friendly and revenue-optimized eCommerce website ready to compete in any niche or even global market.

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Multi-Vendor Marketplace and App Features

Get a fast-loading eCommerce store website that renders smoothly on all devices (mobile, web, tablet, etc).

Offer a better mobile-focused experience with Android and iOS apps for your marketplace.

Improve the onboarding experience by letting shoppers login with their social media handles.

A powerful search tool for buyers to quickly find specific products and categories.

Buyers can revisit their “Order History” and reload previously purchased items to the shopping cart.

Display product prices based on the user’s location. Users can switch site languages to enjoy a better browsing experience.

An adaptive super-menu, allowing visitors to access any part of the website with just a few clicks.

Users can browse through an entire category without reloading the product page. New items automatically load as the customer scrolls down the page.

Shoppers can easily redeem well-crafted discounts and voucher codes during checkout.

Provide responses to user enquiries in real-time using a live chat service available on the website and app. Also, fill in automated replies for regular requests and links to FAQ pages.

Multi Seller (Vendor) Panel Features

Give merchants full access to the suite of tools they need to sell in the marketplace.

Allow sellers to sort products, display catalogues and track inventory in real-time.

Vendors can assign order shipments, generate receipts and invoices, print labels, cancel orders, etc.

Instead of adding products separately, sellers can upload products in bulk and list them for sale under the same category.

Notify sellers about new orders, shipments, receipts and reviews from buyers. Sellers can also email customers about new inventory, price changes, etc.

Give sellers access to insight data and analytics regarding frequently ordered products, most visited product categories, average order price for each buyer, etc.

Sellers can track earnings and withdraw earnings directly or request withdrawal from the site’s administrator if the feature is used.

Merchants can gather feedback from buyers regarding their performance and what could be improved.

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Marketplace Admin Panel

Stay in full control with the option to add and delete vendors, view all open orders, transaction history, and many more functionalities.

Review new products submitted by vendors before they’re listed on the store’s front-end.

Define commissions for different classes of vendors, review withdrawal requests and approve payouts.

Give other backend users and sellers access to specific site features that they need to keep the marketplace fully operational. Revoke, downgrade or upgrade user roles based on the tasks required.

A feature that calculates tax rates based on the location of a merchant or the buyer, saving you the headache of manually collating tax requirements.

Aside from being fully-tested against potential security breaches, your admin panel gives you access to reset passwords for other users, lock accounts, and take other measures to secure your site against intruders.

A clean dashboard where you can gain insight into vendor performance, site search performance, hot and trending products, geo-location data, and other analytical data that can help boost your business.

SHIPPING AND PAYMENT GATEWAY INTEGRATION

Seamlessly integrate popular payment and shipping gateways to keep your business operations running smoothly:

Hire some of the best eCommerce developers in the industry to work on your multi-vendor marketplace. Get market-ready solutions at unbeatable prices!

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    Why Choose IQ eCommerce?

    • 2+ Years Experience in Building Multi-Vendor eCommerce Solutions
    • Experienced and Certified Team of eCommerce developers
    • User-focused approach
    • Magento Multivendor Marketplace Solutions
    • Affordable Pricing

    Industries

    Furniture & Home Decor

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