What features should an online vendor marketplace include?
Interested to know if there is a vendor bookmarking website or vendor marketplace online. We are looking to start a vendor marketplace, a full fledged directory with tips and advice for the vendor community. We would like to know what features to include specifically for such a vendor marketplace...
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Jun 7, 2017
Here are some features should have in Online Vendor Marketplace:
Customization
An intuitive interface
A highly secure system
Multi vendor capabilities
Multiple stores for those vendors
Real time shipping cost calculator
All orders are split and consolidated for shopping carts with products from multiple vendors
Most SEO is completely automated
Divide customer into groups based on buying behavior
an Android app
These are some common features every online multi vendor marketplace must have. Must read this https://www.semrush.com/blog/top-4-multivendor-shopping-cart-solutions-price-marketing-and-customization article for more detailed information about available ready-made Online multi- vendor Marketplace.
Sep 12, 2018
Here are some of the must-have features for the multi-vendor marketplace:
-Admin control over the sellers and overall transactions of the site
-Separate tracking for the admin's product
-Option to manage the inventory and seller's product with ease
-Option for the sellers to manage their profile, product, inventory, sales
-Commission management and tracking of the pending amounts of the vendors
-Option to view the overall sales and the performance of a particular seller
While searching for such a plugin that offers these features, I ran into this one: https://addons.prestashop.com/en/marketplace-creation/21669-knowband-prestashop-multi-vendor-marketplace.html
It even offers GDPR compliance which is an important aspect if your site deals in EU.
Jan 15, 2019
An online vendor marketplace should include:
- user account, profiles, and settings
- search and filters
- real-time chats
- payment system integration
- reviews and ratings
If you want to develop a marketplace website with more sophisticated features, here are a few ideas for you.
Advanced features for buyers:
1. Price comparison
2. Advanced search and sorting
3. Wishlist
4. Sharing in social networks
5. Gift certificates
6. Push notifications
Advanced features for sellers:
1. Statistics of buyers’ behavior
2. Advanced products management
If you're interested to know more about marketplace development, make sure you check this article: https://www.cleveroad.com/blog/build-a-marketplace-website
Sep 17, 2018
Here id the list of features that a multivendor marketplace website must-have:
Multistore functionality
Multi-lingual and multi-currency
User management
Commission setting feature for every vendor
Inventory tracking
Multiple payment gateways
Different dashboards for admins and vendors
Product catalog
You can also read this post on business.com to know in detail about the best multivendor e-commerce platforms: https://www.business.com/articles/here-are-the-best-options-to-build-a-multivendor-e/
May 27, 2020
Features of Multi Vendor Marketplace:
Features For Site Admin:
Dashboard
Manage Customers
Advertisements
Rewards Points Feature
Manage Product List
Ratings & Coupons
Review & Ratings of Products
Gift Cards
Coupons & Promo Code
Refer and Earning
Raffle and Draws
Manage Merchants
Payment Wallet:
Payments Wallet
Top-up Wallet
Product Returns:
Returning Products
Location Based Selling
Report Feedbacks
Features For Merchants
Easy and self-Registration
Sell your Own Product
Manage Customer Orders
Manage your staff
Coupons
Check out here in detail: https://www.hiddenbrains.com/multi-vendor-marketplace-software.html
Jul 12, 2017
There are some features that should be in Online Vendor Marketplace:
Customizable
Cost Effective
Mobile Friendly
More Secure
Yo!kart is a multivendor ecommerce platform for online vendor marketplace
To know more read on: http://www.fatbit.com/website-design-company/multi-vendor-ecommerce-system.html
Dec 23, 2017
How do you prefer building websites? As for me, I really like the service from https://weblium.com for this purpose. I would like to recommend you to take a look there too, they make some awesome things for business purposes
Dec 23, 2019
Here are some features should be included in an online vendor marketplace:
Customization
Responsive design for PCs, Tablets and Smart Phones
Android, IOS Apps for Buyers & Sellers
Multilingual, Multi-Currency
Advanced order management
Several payment options
Product catalog system
Robust report generation
15 Pre-Integrated payment gateways
Integration with third-party tools
Separate vendors’ dashboard
Multiple administrative accesses
Blog integration
Discount coupons
Email templates
Multiple revenue generation channels
Option to create SEO ready pages by the CMS
Jul 21, 2020
Hi,
Here I am sharing a list of must-have features with respect to the various stakeholders involved in a multi-vendor marketplace:
FOR BUYER
1. Option to save Product as a Favorite. It will be displayed in the favorite products list.
2. Option to save shop as a Favorite. It will be displayed in the favorite shops list.
3. Buyer can create lists and can add a favourite product in a particular list.
4. Buyers can do Private Messaging with sellers through Inbox system
5. Buyer can save search criteria for products
6. Option to Write Reviews for Products.
7. Ability to Add Sellers and Brands into their Favorite list
8. Social Media Sharing options
9. Option to Save multiple Delivery and Billing Addresses with the facility to mark any address as Default
10. Delivery or Billing Address
11. Ability to Track Orders & Purchase History
12. Print Orders
13. Update Prole & Account Settings
14. Wallet (Buyer can pay through wallet if credits are available )
15. Request for refund and exchange
16. Ability to edit personal information
FOR VENDORS
1. Allow sellers to create their own store with a personalized logo/banner
2. Manage Products including product info, stock, Pictures & Video, delivery timelines
3. Manage Product Shipping Charge & Tax Rate Applicable
4. Manage product attributes and options
5. Featured Products (Seller can mark a product as featured while adding a product)
6. Manage product Meta tags, Meta keywords and Meta description for SEO purpose.
7. Selling History
8. Ability to view all Orders placed by Buyers
9. Ability to manage Orders Status
10. Ability to manage return requests
11. Seller Payout Payment Details
12. Sales Reports & Revenue Statistics
13. Credit summary
14. Ability to request Admin for fund withdrawal (Credits available in seller account )
I suggest you visit https://www.yo-kart.com/ecommerce-features.html for more details.
Jul 24, 2020
There are three key parties that make an online vendor marketplace possible- sellers, buyers, and the platform itself. It’s been a year since I’ve been running a marketplace. So, it won’t be a problem for me to put myself in their shoes and tell you what they want first and foremost.
Let’s start with essential marketplace features for sellers:
Quick onboarding for sellers
Streamlined product management
A convenient order processing flow
Selling history
Features to promote listing and sell more
Relevant communication tools
Essential marketplace features for buyers:
Powerful product search and display
An easy to checkout system
Reliable order processing and tracking
Social Media Sharing options
E-wallet
Discount coupons and offers
These were some features that vendors and buyers expect from your marketplace. We marketplace owners do have some expectations from our multivendor store builder. Don’t we? Below are some features that you should expect from your marketplace builder:
Suitable payment gateways and delivery methods
Adequate tools to manage your marketplace operations
Marketing features to grow your platform
Monetization tools to help you generate revenue
An easy to manage product list tool
Discount and Coupon generator
As per my experience, only a bunch of ecommerce platforms are known to provide such features. The one I’ve been using for my store is SwiftKart. Not gonna lie, it covers all the above-mentioned features that contribute in running a marketplace successfully. I would suggest going with this online store builder for setting up a highly responsive store.
Oh, by the way, there are also some other ecommerce store features that I would recommend you to consider before building your ecommerce website. You can check them out from the link below:
https://www.techosquare.com/blog/online-store-features-list
Good luck with your ecommerce site.
Aug 10, 2020
Very nice question, an online vendor marketplace include the following features:
Easy Vendor Signup
Separate Vendor Storefront
Separate Dashboard
Vendor Catalog
Shipping Calculation
Sales Report Statistic
To know more about an online vendor marketplace visit, https://www.esferasoft.com/multi-vendor-marketplace-development-services/