For example, a big B2B player from India, IndiaMart, earned net revenue of $60 million in 2017. They currently work with 5 million small and mid-size businesses, offer 60 million products to 55 million buyers. The head of IndiaMart Dinesh Agarwal said that the marketplace traffic was tripled during the last few years. And this is just the beginning—by 2020, IndiaMart is projected to earn net revenue of $328 million. Awesome.
Want to create a website like Alibaba? That’s great. Check out its statistics. In Q3 2018 Alibaba reported a massive 56% year-over-year growth in net revenue to $12.3 billion. The company has been reporting strong year-over-year growth in revenues across segments over the last few years. It is not surprising that businessmen started asking about how to make a website like Alibaba.
Why you need a reliable alibaba clone open source software for your B2B marketplace?The Alibaba virtual mall is a part of a big conglomerate called Alibaba Group. The Group is a Chinese company specializing in eCommerce, retail, Internet, and Technology. It’s like Amazon but for Asia.
Their B2B marketplace is the key department in the company and they spend a lot of resources on maintaining and improving it. The marketplace works on Alibaba php script which is a custom made multi vendor platform with b2b features and an ability to withstand insane loads and process hundreds of thousands of transactions per second.
That’s why you need an alibaba clone b2b trading marketplace script that will be able to work just like the original Alibaba platform. And that’s a real challenge to find the right alibaba clone open source software that will fit your business model and will be scalable. B2B is a specific model so when you choose a script for your website, you need to keep this in mind. Your alibaba php platform has to support B2B functionality.
How to make a website like Alibaba on the CS-Cart Multi-Vendor marketplace solutionOkay, now you know that you need a reliable alibaba open source script to build your own successful b2b ecommerce mall. We suggest you take a look at CS-Cart Multi-Vendor. This is a professional internet mall solution specially developed for B2B, B2C, and C2C ecommerce marketplaces. And it has an open source code.
Why is it important to have access to the software’s source code? The answer is—scalability. It is likely that you start small. And that’s absolutely normal. Then you will grow bigger and bigger and your alibaba clone open source solution must support the growth of your business. And here comes the open source code in CS-Cart Multi-Vendor. Thanks to the access to the solution’s code, you can:
- Code new functions
- Perfectly adapt the software to your business strategy
- Code your own unique design
- Rework the interface
- And whatnot
CS-Cart team offers a free personal demo of CS-Cart Multi-Vendor. They will deploy a fully functional CS-Cart Multi-Vendor platform on their servers and you’ll be able to play with it for 15 days. It’s absolutely free, no credit card required. In the demo, you’ll be able to test all the features and get more familiar with the solution.