How to Develop a Multi-Vendor Marketplace App?

Multi-vendor apps are not only in trend but have become the need of the hour. The online marketplace has reshaped with the commerce giants proposing all kinds of products on one platform. Many existing multi-vendor marketplace apps are existing to serve the customers with products from diverse sellers. Having a top-notch multi-vendor marketplace app and thrive in the e-commerce world is not a cakewalk as it seems to be.

Being a leading e-commerce app development company in USA, we are well acquainted with multi-vendor app development using the latest technologies such as AR VR, interactive UI, and advanced feature integrations. Here we are explaining how to create a multi-vendor marketplace app that wins customers.

With the extensive competition in the online marketplace, standing in the muddy waters is the least you would want to do. However, with a good knowledge of the multi-vendor marketplace and a strategic approach you shall be one of the leading multi-vendor e-commerce businesses.

What is a Multi-vendor Marketplace?

Before getting an in-depth understanding of a multi-vendor marketplace, it is important to understand the concept of a single-seller marketplace. Some vendors prefer selling only their goods at an e-commerce platform which is called a single-seller marketplace. Whereas, multiple sellers collaborate to contribute their products to one junction marketplace which is called a multi-vendor marketplace.

Why switch to Multi-vendor Marketplace from Single-seller eCommerce?

Shopping is all about choices! Buyers want to compare a product with other sellers for quality and price. If you only sell products from a single vendor, the customer will move to other platforms to look for similar products from other vendors. However, if you provide the customer with the facility to have a product from top sellers, you get a competitive edge over others.

Other perks of having a multi-vendor online marketplace are driving more traffic to your application. Customers will prefer your app rather than a single-seller app, a one-stop solution for them! Most importantly, letting multiple sellers provide their products on your platform will mean extra earning for you. Every seller will be offering you a decent commission on each sale, which is a win-win situation.

How to manage the collaboration of admin and sellers?

The gist of multi-vendor marketplace apps lies in the admin-vendor relationship. Your role as an admin does not end with the creation of the application and collaborating with the vendors. Rather, you need to maintain open communication with the vendors. To drive the app as a leading multi-vendor marketplace app, you must keep a check on the quality and quantity of products being offered at your platform.

Although these apps do save you from the hassle of managing inventory, to ensure good management you shall closely work with the vendors to know which products are frequently out of stock or if the vendor is lagging from the others.

Steps to build a Multi-vendor Marketplace app

Creating the best multi-vendor marketplace app depends on the type of technology you want to leverage. However, the end goal remains the same, to get an immersive and glitch-free app. Native app development is one of the widely accepted ways to build the targeted app. You can not only easily customize the application but also advantage from the operating system on which your app is going to be launched.

Here are a few basic steps to follow for creating a multi-vendor marketplace app:

1. Get a Connector Extension

Data is the most important part of your marketplace app. With a connector, you can simply get access to the data feed for the application. All you need to do is place an order for the connector, download, and generate a Magento license for your use.

2. Install the Connector

Once you have got your Magneto shop, install the connector in it. A unique key will be generated on your Multi-vendor app which you need to save in the Magento shop. Once you are done with the basic steps, it is time to configure the connector. Set an attractive banner, add categories and products to display on the app. To make your logo live, set up a splash screen and you are ready to go.  

3. Build and Launch the app

The final and most exhilarating step is to create the complete app from the app creation dashboard which should be a piece of cake now. You can preview the app and look for advancements or updations required and then publish it on the app store.

Tid-bits to make your app Feature-laden

• Strategize the revenue model.
• Select the technology stack wisely.
• Focus more on building a safe and secure app.
• Choose the right colour combinations.
• The app logo is important.
• Make the order management simple.
• Keep the product launch simpler.
• Don’t miss the marketing.
• Keep in touch with the vendors.

Work With Professionals

It’s always said that if you’re looking to create something amusing then you should work with professionals such as Auxano Global Services, a top eCommerce app development company In India. our dedicated app development team strives to deliver a futuristic yet simple UI design that surely wins customers expectations. Our eCommerce app development services are fully customized for any kind of business need. Contact Us Now to leverage a masterpiece app development process.