How To Create A Successful Multivendor Marketplace On Shopify?

Does the Shopify Store Have Multivendor Marketplace Features?

Shopify is one of the best ecommerce platforms for building a fully functioning ecommerce store. It is fast, reliable, and has a huge community which can help with add-on requirements. However, it does not have any native facility to support a multi-vendor marketplace store similar to Amazon or eBay.

Meanwhile, self-hosted marketplace software like Webkul, Sharetribe, or CS-Cart may lack functionalities that Shopify offers to run an ecommerce business smoothly.

While continuing with Shopify makes sense, you need two things to transform your online store -

1. Find a theme online that helps you highlight seller and their products on the front end. Any theme will do, however, some companies offer specialized themes.
2. Install a multi vendor marketplace app for Shopify which will give you the ability to fulfill orders from separate vendors. Order splitting, separate vendor logins, vendor product listings, fulfillment, and invoicing are some of the things that are critically needed to smoothly run a multi-vendor marketplace or dropshipping store.

Introducing Shipturtle: Top Shopify Multi-vendor Marketplace App

Shipturtle empowers you to effortlessly convert your Shopify store into a marketplace like Amazon or eBay. Here's how the best multi vendor marketplace app elevates your business:

• Effortless Vendor Onboarding: ShipTurtle boasts an instant process of adding sellers and keeping track of their sales in a single view.  The Shopify app even offers optional vendor website syncing, keeping a variety of products and inventory seamlessly aligned.
• Automated Order Routing & Shipping: Gone are the days of manual order management. ShipTurtle automatically splits and routes orders to the corresponding vendors, ensuring efficient fulfillment. Plus, generate shipping labels from a pool of over 200 carriers and track orders in real-time for maximum transparency.
• Seamless Commission & Payouts: Establish automated individual commission and global commissions and effortlessly process payouts through integrated solutions like Stripe or Paypal. ShipTurtle simplifies financial management, keeping everyone on the same page.
• Vendor Empowerment: Vendors have complete control over managing their profile, and facilitate the process of adding listings through a user-friendly dashboard that mirrors Amazon Seller Central. This fosters a collaborative environment where multiple sellers thrive.
• Unmatched Efficiency: ShipTurtle boasts a lightning-fast and beautiful user interface. Bulk operations like shipping label generation and invoicing save you hours, while CSV uploads ensure a smooth data flow.

What Does Shipturtle's Multi Vendor Marketplace Pro+ Shopify App Offers?

ShipTurtle goes beyond being just another vendor marketplace app for Shopify. It's a comprehensive ecommerce solution designed to empower your marketplace aspirations through the following features:

I. Vendor type, order splitting, and routing

Shipturtle lets you configure two types of vendor – Marketplace seller or Drop shipper. This has an impact on invoicing and commission tax rules.

Meanwhile, you can do the following:

• Automatically split your Shopify orders into vendor sub-orders – including shipping, discount, and tax bifurcation.
• Configure whether vendors receive orders instantly or post confirmation from the admin.
• Vendors receive orders on their dashboard as well as on email.

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II. Merchant and multiple seller dashboards

• Merchants and all vendors have separate dashboards to sell their products.
• Admin can set informative analytics and reports covering sales, product listings, commissions, and more.
• Vendors can ship orders, generate invoices, manage listings, and view commissions from their dashboards.

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III. Multiple vendor shipping labels and tracking

ShipTurtle provides free Shopify shipping integration in-house. We do not integrate with any other application requiring extra charges.

• Both merchants and vendors can configure their shipping partners.
• Our solution is designed to be a Shopify multi-vendor with a shipping app embedded. We are currently integrated with Fedex, Bluedart, Delhivery, Ecomm Express, and 200+ partners. Contact us to integrate other shipping partners.
• Integrated tracking of shipments in the dashboard across the entire lifecycle - Label generation, Packing, Manifest, Pick up, Transit, Delivery, and Returns.
• In case shipping labels are generated outside ShipTurtle, vendors can mention their shipping carrier and tracking number for shipments. Tracking of shipments will still be automatic.
• Option to fulfill orders and update tracking information directly on the Shopify website.
• Generate Shopify order picklists and Shipment manifests.

Click here to read marketplace shipping FAQs.

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IV. Merchant and multi-vendor invoicing

• Both merchants and vendors can customize their invoices- for Dropship vendors, the invoice goes from merchant to customer and for Marketplace vendors, the invoice goes from vendor to customer.
• Supports GST invoicing in addition to other taxation formats
• Option to configure taxation in ShipTurtle or pick it directly from Shopify

We have discussed Invoicing on Shopify in our previous blog. You must check it out!

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V. Seller product listing and commissions

• Both merchants and vendors can manage product listings – maintain product dimensions, taxes, category, commission, etc.
• Vendors can manage to publish on merchant websites and sync inventory.
• Merchants can easily set individual commissions and global commission rate. Also set multiple-tier commission structure with Shipturtle:
  • Global commission can be set as a default for all products.
  • Vendor commission overrides Global and it can be set separately for each vendor.
  • Category commission overrides Vendor and can be set separately for each category.
  • Product commission overrides all 3 above kinds and can be set at a product level.
• Commissions for all the sellers can be calculated and configured for handling discounts, shipping revenue, and taxes:
  • Discounts on an order can be split between merchant and vendor.
  • Shipping paid by the customer can be split between the merchant and the vendor.
  • Merchant's share can be calculated both on Product MRP or discounted price.
• Automatic reports and the ability to manage payments to vendors.