What Is An eCommerce Marketplace?

An eCommerce marketplace is a place or a website where one can find different brands of products coming from multiple vendors, shops or people showcased on the same platform. The marketplace owner is liable for attracting customers and the processed transactions. Online Marketplace streamlines the production process through one simple portal, where the manufacturers sell their products directly to the consumers, therefore, avoiding the stagnant process of stock holding. This kind of supply chain management is usually referred to as the “Dropshipping” method. Using the tailored solutions provided by the best eCommerce marketplace development company can benefit a business in several ways.

The advantages of an online marketplace are the reasons many businesses choose to sell through online marketplaces. Some of the delightful advantages are:

• It cuts transaction expenses.
• It is an extra source of revenue.
• It allows internationalizing the business.
• A great way for consumers to compare costs.
• It allows companies to function 24/7 and much more

Features Included in eCommerce Marketplace Development

E-Commerce marketplace is a remarkable solution for your online trading. It offers the following features:

Features for Admin:

Vendor Management:

• Get the complete authority of vendor activities and a thorough summary of their performance.
• Allow to add, approve, and decline vendors as well as return requests, credit dealings, measure performance, and view the entire information.

Product Approval:

• Allow approving new products added by the seller or declining the products.
• Admin can disable this feature to enable the sellers to post the products.

Withdrawal Requests Management:

• Allows activating a manual retailer withdrawal proposal in the mart admin panel.
• Receive the requests, conclude the dealing, and mark the request as settled manually.

Payment Procedures:

• Calculate and receive the payments from vendors.
• Check complete detail of vendor transactions, invoices, and pending orders.

Features for Vendor:

Vendor Dashboard:

• Individual dashboard for every vendor
• Efficiently understand inventory and order status
• The vendor dashboard is available with the best selling products, order summary, sales report, revenue details, etc.

Catalog Management:

• Allows vendors to increase sales
• A rugged and effective products catalog management system
• Allow planning and managing the products to be featured in the storefronts

Managing Orders:

• The vendor can find and check order details when needed
• Manage orders, shipments, credit, order return, invoices, and exchange requests from vendor dashboards

Uploading Bulk Products:

• Add, edit, or upgrade products
• Upload products in bulk into the store within a few minutes

Features for Consumers:

Mobile Application:

• With the mobile app, buyers can easily view and purchase items of their choice

Wishlist:

• It helps the eCommerce marketplace platform to increase online sales
• Customers can add one or more products to their wishlist and buy them later

Price Comparison:

• Customers can compare the prices of the product of different vendors

Login Through Social Media Accounts:

• Customers can log in easily with Facebook, Google, Twitter, LinkedIn, etc.

Rewards & Deals:

• Customers can earn rewards or avail discounts offers.
• Customers can earn rewards on new sign-ups and their first purchase.

eCommerce Marketplace Development Services We Offer :

eCommerce Development For B2C:

Today, consumers look for a suitable and easy approach when they want to shop products online. They demand a smooth and hassle-free user experience, single-click shopping, and an innholder of other segments such as order tracking, sale alerts, notifications, live chats, and more. Also, they want brands to cater to favorably appropriate and smooth functioning on different laptops, tablets, social networks, smartphones, and stepping into the store. As a renowned eCommerce marketplace development company, we offer B2C eCommerce solutions that are more than just an online selling and shopping cart platform. Instead, it is a robust and multi-faceted eCommerce, management and order processing procedure that can be customized to meet your business needs.

Features of B2C Marketplace Development:

• An advanced management system is provided to operate different stores, remove in-stock data and handle inventories, check the delivery of products and accept under acceptable limitations.
• Better design including colors, structure, fonts with refined templates, consistent with all devices to offer a wealthy shopping experience.
• Features like automated images, multiple pictures per product, grouped product view, multiple pictures per product, related products, and upselling make things easier.
• A functioning dashboard complements the marketplace by providing a thorough overview of deals, an order placed, order delivered, traffic and lead conversion in a relative way.

E-commerce Marketplace Development For B2B

Business to business or B2B marketplaces are online outlets where businesses can do dealings with other businesses or companies. The most appropriate aspects of B2B marketplaces are distribution networks, shipping methods, stock and inventory, product portfolio, supply chain, contracting, payment terms and communication between parties. Our experts create the most effective B2B e-commerce and multi-vendor eCommerce marketplace solutions to help wholesalers adequately manage product catalogs, invite different B2B clients to place online orders. Also, they can track orders in real-time. Now you can sell online to your business clients with our custom-made B2B eCommerce solutions provided by a reputed eCommerce marketplace development company. We customize solutions that complement business operations and often integrate with the system infrastructure.

Features of B2B Marketplace Development:

• It includes various functionalities such as moving the records to leads on demand, classifying the lead generation forms, and catching the form entries that are not defined.
• It offers feedback forms, transfers the information to the admin, makes settlements related to refunding and replacing, and suggests appropriate moves against the sellers.
• It also manages the advancements of membership accounts, contains attributes in the membership accounts, carries out assured payment gateways, and provides diverse membership programs.
• It contains precise metrics for the comparison of quotations.

What We Can Do For Your Business

eCommerce Development For B2C:

Unlimited products: eCommerce marketplaces designed and developed by Ezmartech allows you to list millions of items online and build your virtual mall.

Unlimited sellers: Ezmartech offers retailers an opportunity to onboard an unlimited number of sellers on the marketplace and thereby building an ecosystem where sellers compete for users and benefits goes to our clients.

Earn commission on each sale: Every time a product is sold on the marketplace, our clients earn commission and grow their financial capabilities with decentralized stocking of items via sellers.

Today, consumers look for a suitable and easy approach when they want to shop products online. They demand a smooth and hassle-free user experience, single-click shopping, and an innholder of other segments such as order tracking, sale alerts, notifications, live chats, and more. Also, they want brands to cater to favorably appropriate and smooth functioning on different laptops, tablets, social networks, smartphones, and stepping into the store. As a renowned eCommerce marketplace development company, we offer B2C eCommerce solutions that are more than just an online selling and shopping cart platform. Instead, it is a robust and multi-faceted eCommerce, management and order processing procedure that can be customized to meet your business needs.

Hassle-free Process of Seller Panel

Seller Account Creation:Marketplace developed by our professional team enables you to have an unlimited number of sellers on automation. Sellers are empowered to fill in their business details, upload documents, bank details and legal agreement is e-signed.

Products Management: Sellers are allowed to upload bulk products, edit products, edit pricing and fetch reports from the marketplace seller dashboard.

Order Processing: Sellers could process the order in different stages to give them a clear idea of orders status that is pending, confirmed, label printing and proof of dispatch generation.

Payments: All payments disbursed by your finance departments would reflect in seller dashboards and sellers feel empowered.