Bring Your Marketplace Idea to Life with Multi Vendor Solutions
Online marketplace platforms allow multiple vendors to sell their products through a common website. This creates a one-stop shop for customers, enjoying a wider variety of products or services at fair prices due to increased competition among sellers.
Here’s a breakdown of the multi-vendor website concept:
- Marketplace owner: This is the entity that creates and manages the platform. They are responsible for things like setting up the e-commerce store, managing vendors, and processing payments.
- Vendors: These are the individual businesses that sell their products on the marketplace. They can be any size, from small mom-and-pop shops to large corporations.
- Customers: These are the people who buy products from the marketplace. They benefit from the convenience of being able to find a wide variety of products in one place.
For instance, you can convert your D2C Shopify store that sells only coffee into a vertical marketplace that offers cafe accessories and other beverages giving you a competitive advantage for more sales traction.
In this article, we will learn about online marketplace development through no-code tools along with their features and benefits.
Types of Marketplace Website Builder
Some popular options to build an online multi vendor marketplace website include:
- Off-the-shelf app builder: These are cloud-based solutions that can be up and running quickly and easily. They are typically a good option for businesses that are just starting or that do not have a lot of technical expertise.
- Open-source platforms: Such platforms give access to their open-source code to customize your marketplace. They can be a good option for businesses with a budget to spend on technical expertise.
- Enterprise-grade platforms: These platforms are designed for large businesses that need a scalable solution. They can be very expensive, but they offer a wide range of features and functionalities.
The best solution for your marketplace project will depend on your specific needs and budget. Consider factors such as the size and complexity of your marketplace, level of customization requirements, in-house technical expertise, and your budget.
Nonetheless, for a marketplace to succeed in a quick time, the best approach is to use marketplace features on software out of the box.
For instance, you can create your own marketplace on Shopify or Woocommerce using a no-code marketplace builder like Shipturtle in less than 48 hours and without much hassle.
However, the buck doesn’t stop here!
Shipturtle’s custom API development allows us to build your online marketplace with any level of customization.
Create an Online Marketplace Without Coding
Off-the-shelf marketplace builder is a software designed to launch your multi-vendor marketplace platform quickly and efficiently. Imagine them as a ready-made ecommerce marketplace that you can tweak to fit your brand.
The off-the-shelf builders offer core marketplace functionalities like order management, shipping, vendor dashboard, payment integrations, automatic commissions & more, thus eliminating the need to build your marketplace from scratch.
Additionally, these no-code software cater to various business model types including product, rental & service marketplaces.
Shipturtle caters to building strong B2C/B2B product marketplaces, hyperlocal marketplaces, and C2C marketplaces while Sharetribe specializes more in building a rental marketplace. Shipturtle goes beyond to offer brand directories so that you can rediscover and modernize dropshipping in a quick time.
Install the Shipturtle app on Shopify to start your free 14-day trial.
Top 7 Online Marketplace Builders
Here are a few top no-code marketplace solutions and open-source software solutions to meet your eCommerce business requirements:
Launch your marketplace on Shopify
Shopify is one of the most powerful eCommerce cart builders. Many stores that wanted to build their marketplace platform like Amazon, Etsy, or eBay have made it big on Shopify. Click here to get a list of multivendor marketplaces built on Shopify.
There are several dedicated Shopify plugins for smooth and customizable marketplace operations. Here are some best online marketplace builder apps on Shopify:
I. Shipturtle marketplace solution
With a simple & highly intuitive user interface on desktop & mobile apps, Shipturtle is recognized among the best marketplace builders in the market.
Here are the core features to watch out for:
- Adding and managing products in bulk are quick
- You can entirely automate your orders: from 200+ shipping integrations to getting them delivered and fulfilled with a comprehensive order management system.
- The advanced vendor dashboards allow real-time syncing of existing vendor stores on popular carts like Shopify, Adobe Commerce (Magento), Squarespace, or Woocommerce to your marketplace on Shopify. Furthermore, you can manage and control the overall business functionality on micro levels.
- Commissions & payouts are automatically streamlined and processed on the software itself.
- Shipturtle is the best marketplace solution provider with a trusted foundation for globally compliant security standards and support.
- Another worth mentioning is Shipturtlle’s ability to integrate with third-party applications to customize your marketplace.
II. Multi Vendor Marketplace by Webkul
Multi-vendor marketplace by Webkul is another Shopify app to create an online marketplace. It is a widely used plugin like the Shipturtle solutions. They have all the integrations but lack deep Shopify integrations.
This marketplace app is compatible with other cart platforms like Woocommerce, Odoo, Magento 2, BigCommerce, Wix, and more.
III. Onport app
Onport software solution also uses the Shopify platform to streamline online marketplace businesses. It is a multi-vendor marketplace that allows a range of custom solutions and flows in the online store.
Here are some of the features of Onport.
- It offers a wide range of management systems like inventory, order, and shipping management systems on its software solutions.
- Onport allows multi-channel support through popular marketplaces like Shopify and eBay.
- It gives automation features like pricing, task updates, and so forth.
IV. Garnet Marketplace app
The Garnet marketplace also uses the Shopify plugin platform to offer seamless software solutions. It is a widely used Shopify-based software solution provider. The software provides enhanced marketing tools, features, and functions for a profitable online business.
Here are a few top features of the Garnet marketplace.
- It provides its vendors with centralized inventory management. No matter which channel the sales are happening, your inventory is managed from a single dashboard.
- They have a seamless product listing and sync features.
- From shipping to orders being delivered and fulfilled, everything is handled on a single software platform.
- They also offer multi-channel integration, automation features, and fully customizable solutions.
Sharetribe: marketplace website builder
Sharetribe is a leading software solution provider in the marketplace industry. The software platform is perfect for small businesses and entrepreneurs looking for a scalable online presence.
However, Sharetribe mostly focuses on a peer-to-peer online platform and less on a multi-vendor product marketplace. They offer quite a few outstanding features on their platforms.
Marketplaces built with Sharetribe are ideally designed for service eCommerce type. It is a no-code setup and has integrated all modern payment systems and fulfillment mechanisms. Sharetribe’s unique feature is a quick and reliable setup that has a user-friendly interface.
CS-cart multi-vendor marketplace solution
CS-cart is a famous multi-vendor online marketplace that provides buyers and sellers with a huge range of selling and buying experiences. They offer a full marketing package with features like customizable product listings, CRM integrations, international payment integrations, seamless inventory management, product management, shipping options, and much more.
One of CS-cart’s outstanding and unique features is that it offers rich features, has highly customizable options for vendors, and showcases strong community support.
CS-cart multi-vendor software solutions are great for individuals looking to start their online business with end-to-end platform support. It is one of the successful marketplaces to look out for.
Click here to view a detailed comparison between Shipturtle and CS-Cart to create a marketplace of your choice.
Yelo by Jungleworks for marketplace app development
Yelo is yet another multi-vendor marketplace solution. It is best for businesses looking to start their hyperlocal marketplaces without huge expenses. It caters to wide industries like a grocery store, online businesses, food delivery, and service sectors.The Verdict: Wrapping Up
While most marketplace software reviewed offer:
- Faster launch: Compared to custom development, off-the-shelf solutions get your marketplace up and running much faster
- Cost-effective: While there might be licensing fees or subscription costs, they are typically cheaper than building a marketplace from scratch
- Easy maintenance: These platforms often come with built-in maintenance and updates, reducing the burden on your technical team
Marketplaces built with Shipturtle emerge as the best with:
- Most advanced vendor management and comprehensive shipping solutions
- They can adapt to an increasing number of vendors and products as your marketplace expands.
- Shipturtle goes beyond to offer brand directories so that you can rediscover and modernize dropshipping in a quick time (soon to be launched)
Book a demo today to interact with our sales team to find better solutions to enhance your marketplace business model.
