Multivendor stores are perfect for businesses and entrepreneurs with plans to host multiple vendors and a huge catalog of products. These multi-seller stores bring a vast range of features for store owners, vendors, and customers.
Multivendor marketplaces are usually complex to build, launch, and maintain unless developed using powerful multi-seller store builders.
The cost of building a multivendor online store majorly depends on how you approach the development. Below are the two most widely used options:
1) Launch using modern multi-store builder: Modern online store builders like SwiftKart facilitate the development of powerful multivendor online stores at small one-time pricing of $999. SwiftKart is a completely customizable, scalable, and practical solution to build stores similar to Amazon. Turnaround time for building an online marketplace on modern store builders is less than one month.
2) Building from scratch: Building a mega online store from scratch using technologies like PHP costs more than $15,000 USD depending on your choice of features, infrastructure, and capabilities. Turnaround time of building a multivendor e-commerce platform from scratch ranges between 3 months to 6 months. Read more about ecommerce store development.
Note: Swiftkart’s Swift Launch package is available for purchase at a special discount price of $499. Check special offer.
An online store that hosts multiple vendors and supports a huge catalog is comparatively expensive than launching a single-vendor online shop. However, building the same on solutions like SwiftKart can guarantee huge savings.
Got more queries about the cost of launching a multivendor e-commerce platform? Email at email@example.com to schedule a free consultation session.
Check out how much small online store cost in 2020