To create an online marketplace is the first step towards readying your business for better growth. While there are many marketplace builders in the market choosing the right one and then creating an ecommerce marketplace with it can seem like a long road. However, the process becomes easier and faster with a step-by-step guide to create ecommerce marketplace, launch it and then make it popular.
Check out the most comprehensive guide to create your ecommerce marketplace and make it the popular shopping hub.
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Ultimate Guide To Create Ecommerce Marketplace.pdf
2. Why you should create ecommerce marketplace
Ecommerce marketplaces are the favourite shopping hub for online buyers. creating ecommerce
marketplace has the following advantages
Run business without
maintaining inventory
Easy to diversify by adding
new vendors
Gain larger traffic by
offering multiple products
Attracts more customers with
competitive pricing
Easy to build customer
loyalty for your brand
Earn fixed or flexible
commission on each sale
Full control of vendors and
their products
Reach new markets by
onboarding more vendors
Why you should
create ecommerce
marketplace
3. Fast And Easy Method To Create Ecommerce Marketplace With StoreHippo
Here is the step-by-step guide to starting your multi-vendor store using StoreHippo
Decide the
name and
register your
domain
Choose your
plan & create
ecommerce
marketplace with
StoreHippo
Onboard your
vendors,
partners,
distributors etc.
Set up rules for
taxes, discounts,
shipping,
payment options
etc.
Set up vendor
commissions
and payout
methods
Start promoting
your brand across
digital & physical
channels
Test your
marketplace
and go live
That’s it you have a fully-functional marketplace!
STEP 1 STEP 2 STEP 3 STEP 4 STEP 5 STEP 6 STEP 7
4. Different ways to
create ecommerce
marketplace
You can create
ecommerce marketplace
in one of the following
ways
Custom Software
written from scratch
Plugin-Based Turnkey Solution
functional with plugins for
various modules
Non-Hosted Solution
Requires hosting solution on
top of the marketplace builder
Fully Hosted And Managed
Offers a one-stop solution for
building an online marketplace
5. How to create ecommerce marketplace and make it popular
Build mobile apps
and a
mobile-ready site
Plan a variety of
sale and promotion
activities
Offer a referral
bonus to your
customers
Register more
vendors to create a
rich product catalog
Use SEO tools to
optimize your site
Offer multiple
payment options and
COD
Ensure faster delivery with
multiple shipping options
With all these measures in place, your marketplace is going to be popular in no time!
7. Niche Vertical Marketplace
A marketplace of sellers selling a niche product or
services. For example, marketplaces like FirstCry,
HealthKart and Nykaa etc.
Horizontal Marketplace
Brings together sellers selling multiple product
lines. For example, brands like Amazon, eBay,
Alibaba etc.
8. Service Aggregation Marketplaces
(B2C)
Brings together various sellers selling their services.
For example brands like Zomato, Swiggy, Ola etc.
B2B Marketplace
Brings together distributors, wholesalers and
buyers on a common platform
9. Have a custom requirement? Want to build a disruptive marketplace website model?
Don’t wait to roll out your dream project right away!
B2B2C Marketplace
Brings different businesses on a platform that finally
sells to end customers under one brand name
Hyperlocal Marketplace
Add local stores as Seller on your marketplace to
ace hyperlocal ecommerce
10. Offering feature-rich solutions for B2B+B2C Online
Marketplaces
Start your 14-days FREE Trial
OR
Book a Demo
Email: binny.joseph@hippoinnovations.com
Mob:+91-959-991-6383
www.storehippo.com