Nowadays fast online shopping malls can bring a considerable profit markup and help your business to grow up into a selling giant selling affair like AirBnB, Booking.com, or Amazon. At first, blush, building one seems rather complicated. But you can surely manage it with a little help from professionals and a good dose of planning and thinking. Some high-tech geeks prefer writing up their own website marketplace script. Of course, this way is easier for small online shops but not for multi seller platforms. The last ones are more complicated and need more hardware capacity. In this case, it’s quicker and more reliable to opt for a professional ready-to-use script.
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Certainly, there exist dozens of marketplace scripts, all well-tested and feature-packed. But pay attention to minor details – they make all the difference, and here the choice is completely up to you. I suggest that you compose a list of must-have features and functions for the marketplace of your dream. This list will become a helping hand in creating your own marketplace site. Just surf the web for all more or less popular multi vendor platforms, and compare their functionality with your proper list. You don’t need to try all of the scripts your own – usually, the major features are enumerated in the product description on the product home page.
Once you’re through with the initial selection, it’s high time to start testing the platforms – one-by-one till you find the perfect product. Usually, all platforms offer free demo versions during a trial period of 14 or 30 days. Quite enough time to judge the product and compare its characteristics with your must-haves. Don’t forget the esthetic point – your future e-mail should not only be reliable, secure, and quick for both customers and vendors but also eye-catching and beautiful. In this case, your online market visitors should have a desire to come back there again. To ensure that take care of their comfort, security, wallet, and pleasure, and they’ll finally become your loyal clients or even product ambassadors.
Multi vendor website templates are very important for vendors as they play the role of your mall business card. As the market owner or even admin, you should provide as many various templates as you can find in the chosen product. But it’s not all about quantity – a thousand templates of the same kind won’t help much. What you need is diverse types of templates – for example, for different industries like the flower industry, handmade objects, digital products, electronics, and others. Each has some special aspects, and the website template should fit them. It goes without saying that a techno style template will never suit a flower e-shop but will be perfect for a digital one. Be sure to protect all vendor financial data and personal information, as well as those of final customers. To feel safe and sure, choose a responsible provider for security package, hosting services, and even cloud storage. In this case, you can be sure to offer the vendors a rocket-speed Internet connection, adequate SSL certificate protection, and always-accessible data storage.
ShakeDeal is an Indian marketplace for tools and building supplies. They have over 300,000 products in the catalog, over 1,000 sellers, and over 4,000 B2B customers. And this niche marketplace is built on CS-Cart Multi-Vendor script.
Fast online shopping mall
Fast online shopping malls are so numerous today that yours should have something special to get noticed. The question is how can you draw new vendors? First of all, as a newcomer in an online mall business, you can offer promo prices during the first year. Perhaps, this will bring you just several vendors but is quite enough for “battle testing” of your new selling platform functionality, admin, and management tasks. As for the order itself, think about single-page checkout and multiple payment methods. A long, complicated and not intuitive checkout process is one of major reasons why customers leave the e-store without finishing the order. Some web shops have interesting products, very attractive pictures, and prices. But when a customer starts making the order and needs to fill in 2 or 3 pages with various information about the order, his personal data, payments details, delivery address, and so on, he can get sick and tired of all that before final payment. In this case he will leave your web marketplace without any purchase and never come back. Moreover, he can give negative references about it to others, so you’ll lose prospects. In fact, it’s a common rule – a satisfied customer can bring you prospects, as well as a dissatisfied one, can turn them off your webstore forever. The same is true for payment methods – if a customer doesn’t find a suitable payment method he will close your web store and look for another.
In CS-Cart Multi-Vendor script, you can set up over 70 payment methods for your customers.
Don’t forget about marketplace administration and management. It’s better to be accessible for vendors not only by email by also in online messengers like Skype, Viber or ICQ. It helps you to keep in contact with them in case of technical problems on the platform itself (for example, Internet security or hosting issues), inform them about a computed solution. As for e-mall management itself, generally, it doesn’t take much time and effort due to integrated tools for sales and profit analysis, and marketing instruments. The first vendors will be your testers, and that’s quite normal. Their complaints and remarks will help you to improve the marketplace operations, customer services and thus boost up client satisfaction. Finally, these vendors can even become your partners in online mall development and growth. Their advice may provide you with valuable ideas about the amelioration of your marketplace website, so don’t neglect them.
5 Best Marketplace Platforms
In this age of digitalization, there's a great choice of the marketplace scripts on the market. Most of the platforms are SaaS but there is also plenty of self-hosted scripts. And it is quite difficult to choose the platform that will help you reach your business goals to 100%. Lots of factors need to be taken care of. Here is the list of the leading marketplace platforms that are powerful, reliable, and suitable for building a large product marketplace.
1. CS-Cart Multi-Vendor Platform
This is a self-hosted marketplace script appreciated by more than 1,400 entrepreneurs worldwide. This software product for building a marketplace ships with over 500 features for marketplace, vendor, and product management. This platform has been around for more than 15 years and has an average user rating 4.7 out of 5 and takes first places in the marketplace platform ratings on SourceForge.net and Capterra.com
2. Magento Marketplace Script
This is an extension for a famous eCommerce platform Magento. This is one of the oldest online shop scripts and proven as the most flexible platform for eCommerce ever. Unfortunately, because of its flexibility and feature richness, the platform has a very long learning curve. But if you have a team of programmers in your company, then there won't be any problems with Magento.
3. Yo!Kart Multi-Vendor Platform
Yo!Kart has multiple functions to run a successful multivendor eCommerce website with ease such as simple payment arrangements, mail marketing tools, social media platforms integration, great interface, and highly appreciated user experience. The company offer a cloud product but there's an option for a self-hosted marketplace.
4. WCFM Marketplace Script
This is a multi-vendor plugin for Wordpress that makes a marketplace out of your Wordpress-based website. The plugin has all the basic functionality to start a small marketplace. Thanks to open source code, you can develop more functionality and extend the plugin a bit. Great choice for beginners.
5. Arcadier Marketplace Script
Arcadier script is a cloud-based marketplace platform for small marketplaces. The coolest thing about this product is that they offer ready-made solutions for different marketplace scenarios. You just pick one and get a ready marketplace in minutes. Unfortunately, this platform is not suitable for large global marketplaces as you can't really scale it—the script is closed.
CS-Cart Multi-Vendor Editions
Usually the first year of multi vendor sales is a difficult one because you have to refine, complete, change and develop dozens of processes that don’t work correctly. Take it easy, it’s inevitable and will surely drive you to success.
At the end we propose to browse through the huge amount of our powerful themes for your online store.
Be sure to choose the right edition of Multi-Vendor script for your business. We offer 3 Multi-Vendor editions:
- Standard with over 500 built-in features, one year of free upgrades and 45 days of free technical support.
- Plus with extra 7 game changing features, a mobile app for customers, 3 months of free technical support and 1 year of free upgrades.
- Ultimate with unlimited storefronts, free lifetime upgrades, a custom theme, and 1 year of VIP technical support.