What is a multivendor store?
A multivendor store is a mega online marketplace that hosts multiple online shops which are managed by individual sellers. Amazon is the perfect example of a multivendor platform since thousands of manufacturers, wholesalers, and retailers run virtual storefronts on it.
Who needs a multivendor store?
Multivendor stores are perfect for businesses and entrepreneurs with plans to host multiple vendors and aspire to build a huge catalog of products. Also known as multi-seller online stores, it brings a vast range of features for the store owner, vendors, and customers.
While the store owner has the power to add vendors, moderate products, run advertising, and manage reviews, vendors can manage their listings, pricing, offers, and everything else related to their storefront.
How difficult it is to launch a multi-seller store?
Multivendor marketplaces are usually complex to build, launch, and maintain unless developed using powerful multi-seller store builders. An online store that hosts multiple vendors and supports a huge catalog is comparatively expensive than launching a single-vendor online shop.
The cost of building a multivendor online store majorly depends on how you approach the development. While building from scratch is costlier, using powerful multi-seller store builders like SwiftKart turns out to be cheaper.
Got more queries about the cost of launching a multivendor e-commerce platform? Email at email@example.com to schedule a free consultation session.
We are done with the basics of a multivendor e-commerce platform!
Learn how much small online store cost in 2020
Learn how much multi-seller store costs in 2020