A virtual marketplace, also called an ecommerce marketplace, allows third party sellers to sell their products online. Ecommerce marketplaces provide significant and proven benefits to buyers and sellers.
Many sellers on marketplaces sell on their own websites as well. So, this is not an either or situation.
The reason marketplaces are attractive to sellers is that they tend to have vast traffic and to attract even a portion of that traffic on her or his own website is an arduous task for a small seller.
Before choosing to establish an online eCommerce marketplace, you will need to consider the following:
- Payment Gateway
- Fee Structure
- Fulfillment Options
Today, many countries have seen emergence of strong e-commerce marketplaces.
We, at Seawind Solution Pvt. Ltd. are offering marketplace development services in UK, USA, Canada,Australia, India, and many European, Asian and African Countries. Besides only development, we are always there to help you to fulfill your marketplace establishment needs.
A marketplace allows the business administrators to take a commission on products that vendors sell.
Stores / Retailers
Today, there are thousands of vendors who are looking for marketplaces online to sell their products
and gain profit from the same.
Customers / Buyers
Marketplace customers benefit from seeing collective options on a single website and get the most
reasonably priced or best quality product.