There are several ways to draw income on your marketplace with the CS-Cart platform once you build it.
Choose any business model that suits you or combine them:
- Get commissions for every transaction on your digital marketplace: a vendor sells a product → you get a commission for this sale.
- Set a fixed monthly fee for selling products on your marketplace: you can do it via built-in vendor plans.
- You can advertise your digital marketplace vendors and increase their sales, which leads to more income.
- Set a fee for additional marketplace functionality. For example, setting up an exclusive multi vendor store design or an additional dedicated storefront for a vendor (in Ultimate only).
You can choose any of these options or set all of them at once. One of the most effective tactics for attracting sellers and vendor management is to offer sellers single vendor stores where they can manage orders, catalog, promotions, integrated payment gateways, shipping options, and design.
What's cool about CS-Cart is that you can attract sellers from all over the world, because the platform supports multiple currencies, languages, taxes, and rate areas. Plus, payment integrations that are available in most countries. It's a platform that can help you set global course.
In order to make your further steps easier and start getting profit from your marketplace, we provide you with a range of practical advice given by real owners of lucrative virtual shopping malls. Please refer to the link to see our
Marketplace Academy. In the Academy, you'll find guides on how to build an online mall and benefit from your marketplace, how to attract sellers, how to promote your marketplace, and much more.