Marketplace Development

Marketplaces are hard to build. During the initial phase of a marketplace, there is neither supply nor demand available. At Mindbowser, we work with entrepreneurs to not only guide the technology but also build the right business strategy with the support of our marketplace development services. Launching a marketplace requires building the two sides of the platform. On one side, you have to onboard the customers and on the other, the vendors.

How Does A Marketplace Works?

A https://agilie.com/en/services/web-and-mobile-marketplace-development allows vendors to bring out their products and services in front of their targeted customers. The multi-vendor platform can offer ample choices to the customer and high volume growth to vendors. The best part about marketplaces is the network effect. This means more buyers lead to more sellers, leading to more buyers, and so on, the cycle continues. Once such a system sets in, it becomes hard to compete and it creates a great advantage for a company.

Top Benefits Of Marketplace Development

Multi-vendors management support : Easily manageable with a large number of products and categories.

Responsive & User-friendly : Vendors take control of sales, invoices, credits memos, shipment and more at ease with cPanel.

Mobile optimized marketplace : Easily adjustable to any screen size, Magento eCommerce Marketplace fits every customer’s needs.

Information on the same page : Product detail section in the marketplace gives a complete view of seller information.

Flexible commission management : Using advanced and new commission rules, we help admin manage diverse commission criteria on per product.

Product and order management : We simplify this complex task by managing basic order flow, customer & seller orders, order status and more.

Multiple payment gateways : We implement any payment merchants for customers. Pay with PayPal, Stripe, and keep track of all history.

Authorization and Security. In marketplace app development, all user data must be protected (name, gender, email, date of birth, phone number, password). According to the GDPR, the consequences of privacy policy violations might be dramatic.

Registration for vendors. Vendors will have access to all functionality provided in your online marketplace. In marketplace software development, flawless user experience demands reliable and fast work and data processing of your service and integrations with sellers/users/vendors databases.

Sign up via social network process which is much easier than the classic way suggests. But tricky as well, because nowadays many social networks change the policy of working with their APIs.

Managing user profile and personal details update. Note, that sometimes the authorized users need to have the possibility to become publishers and add their content.

Managing Listing. Sellers need to publish and manage their items. This is the question of the quality of the admin panel and the roles it provides on multiple levels.