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Multi Vendor Marketing

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Multi-vendor Ecommerce stores or marketplaces provide passive or hands-free income to the marketplace owner when done right. But for entrepreneurs who can conceive and execute their own secret sauce, choosing a scalable and a reliable multi-vendor Ecommerce platform is a headache and a time consuming process and may burn your fingers! The opportunities for building the next million dollar Multi-vendor Ecommerce store is unlimited where everything is moving online, and brick and mortar businesses are in the deathbed. Ultimate Disclaimer: Use your wisdom and seek the help of an eCommerce expert when building a multi-vendor eCommerce platform. Also I haven’t sprinkled any affiliate links in this article, so don’t fire any missiles against me! (I’m a peace lover and a follower of Mahatma Gandhi) So lets dive more into Multi-vendor Ecommerce Platforms a.k.a Marketplaces in detail and let’s find out which is the best multi vendor shopping cart software or if something like that really exists! From giants like eBay and Amazon to niche players like Etsy, marketplaces are everywhere and is not limited to US alone. Ecommerce marketplaces swallow 90% of the total eCommerce traffic all over the world whether its in China(Taobao/Aliexpress) or in India(Flipkart/Amazon/Snapdeal) Marketplaces will be having more advanced and specialized functionalities than a normal eCommerce store in terms of : Transactions Shipping Returns & refunds Multiple vendors management Payment and commission processing and disbursal etc. High level server capability to take care of Slashdot effect But architecting and developing a multi-vendor platform is not a child’s play and its not going to be a 100% success even if you are having the world’s most experienced eCommerce developer in your team! It all boils down to three items namely, Making the right decisions at each stage of development, Doing things right, Proper Analysis of Business & Market needs

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