A good marketplace website provides easy navigation and freedom to not only customers but also the vendors. We make sure that all such aspects of your business are well taken care of and the website provides enough freedom to the vendors with options like seller self registration, separate vendor dashboards for each vendor so that they can manage their orders easily. Depending on your business model weather it is B2B or B2C, a service marketplace or a product marketplace we have solutions for all.
If you are planning to set an online market, where you want to create a secure environment for buyers and sellers, look no more! Online marketplace is an online platform which initiates, facilitates, coordinates and concludes both buying and selling of goods and services between various different sellers and buyers. With most of the shopping happening online, marketplaces have also gone digital. At Risisans infotech we understand your business thoroughly, consider in all your inputs and analyse each step with precision. Then we craft a perfect outline of your website that is best suited to your business. We offer our services for all kinds of marketplace websites, be it niche vertical marketplace, horizontal marketplace or service aggregation marketplace.
Sell a niche product of service to your customers. The vertical marketplace model caters to a niche market. Here, vendors offer goods and services specific to a single market sector/category with a set targeted audience. For instance, the manufacturers of solar panel technology typically sell to solar contractors/installers (often competing against each other). Vertical marketplaces target only a specific audience in a niche demographic.
Here Horizontal Marketplace sell multiple product lines using B2B or B2C model. The variety of products sold range from books, furniture, food, grocery, apparel, toys, software, music, gadgets, and a whole lot more. Any business operating in a horizontal market will have consumers and purchasers across different sectors of the economy. By understanding your comprehensive marketing strategies and the business model we design your marketplace with the best technology and tools available.
Service Aggregation Model
A marketplace can be as diverse as you want, with multiple sellers, multiple products or services depending on the type of your website. The website needs to be easy for the vendors as well, to provide them the maximum ease of business. As an admin you can exercise a complete control over vendors, orders, commissions, products and much more. Also you can earn commission on each order without investing in inventory. The website also needs to offer freedom and complete transparency to vendors so that they can register with you easily and start selling in no time.
The simple and effective features we offer for marketplace website are:
Seller Self Registration
A quick vendor registration by filling a simple form with details of vendor company, address, login, bank details etc will help vendors to register with you in no time. A unique vendor account is then created for each vendor once the simple form is filled.
A total control lies over the admin to approve or reject the products uploaded by the vendors. The uploaded products will only show at the marketplace once the admin approves. It will help the admin to ensure that no unwanted products are uploaded.
A separate Vendor dashboard helps in easy management and understanding of inventory and order status to the vendors. They get an overview of their business using the dashboard that will have a summary, sales report, best selling products, revenue details and much more.
This feature allows vendors to add, edit, upgrade products by logging in. It gives them the authority to add and manage the inventory, product variants, details and pricing etc.
The admin panel will enable the owner to get a complete overview of everyday business by logging in the admin panel. Get the fine details of every aspect of your business like sales, revenue, vendor performance, bestselling products etc. to help you better business management.
Vendor Management By Admin
Admin exercises a complete control over all vendor activities and can also access a complete overview of vendor performance. Admin can add, approve or reject vendors and their products, view complete vendor details, calculate his commission and payouts, analyze performance of vendor, online store and traffic.
Commision Set up
You can easily set up flexible Commissions for vendors depending on their hierarchy or product categories. Add tax rules and easily calculate total commission on every order.
This feature lets you get a clear overview of vendor specific inventory and keep track of available stock and products with them.
You can easily set up vendor specific shipping charges and discounts to promote your bestselling vendors or products.
Order and Shipping Management By Vendor
An easy control of the vendors over their orders and their shipping without any intervention makes the process run fast. You should provide an easy view of orders with complete details of open, cancelled and closed orders.
The tax settings has provision to give seller control of taxes.Taxes are available at product level giving sellers the freedom to decide and apply different taxes on their products.
Returns and Refunds
Simple refunds and returns help in gaining the customers’ confidence. Get the ability to offer easy return or refund for each product shipped by different vendors.
Allow customers to compare prices or filter products based on vendors. Give the opportunity to your customers to analyze, rate and review vendor profile based on order experience.