People purely rely on the internet for all their day to day work. They used to all online services they find it easier to do online shopping. This made all entrepreneurs turn towards the digital market. You want to start a multi-vendor marketplace they always dream to build a marketplace websites like Alibaba & Amazon Magento is absolutely capable of building a giant multi-vendor marketplace platform.
The working model of the marketplace Giants – Amazon, Alibaba & eBay
Dreaming to have a multi-vendor marketplace platform like the leading e-commerce platforms will not be enough until we analyze the technical factors that are involved in the creation of those E-commerce platforms.
- The items sold either fulfilled by merchants fulfilled by Amazon & Alibaba & eBay.
- A separate inventory maintained for third party sellers and the items fulfilled by merchants stored in this inventory. The shipping and the customer service handled the third-party seller itself.
- The items fulfilled by Amazon or Alibaba or eBay stored in respective fulfillment centers and the shipping of these items handled by the portal itself.
- If the third-party prefers to have their products fulfilled by Amazon & Alibaba & eBay a separate fee charged by the corresponding portal to the third party seller.
The Secret Sauce for the success of the leading e-commerce portals
- Technology innovation – you can experience more on artificial intelligence and machine learning in e-commerce portals like Amazon, Alibaba, and eBay. These technologies analyze the customers’ mindset and make the searching process smart. These technologies impress the visitors and support the portals to have repeated audiences.
- Perfect execution – the order management, inventory management, purchase management needs proper execution to give a hassle-free experience to the customers. You can see the professional way of execution in delivering the products or the services. This makes the ecommerce portals like Amazon, Alibaba, and eBay stand alone in the crowd.
- Design merged with rich content – the key component for e-commerce SEO is the content we use in the portal. A large number of rich keywords increase the visibility of the page in search engines. You would have noticed in Amazon or Alibaba or eBay that uses lengthy product descriptions and even you can see FAQ for each product.
- Wide collection of product range – Missed out when you shop in any leading eCommerce portals. Find the complete collection of products you may not need to shift between sites to buy different products. Everything regarding the product or the servce shared under a single roof.
If you desire to own an eCommerce marketplace like Amazon & Alibaba &eBay make sure that your marketplace satisfies all the highlights.
How to Build an Enterprise-Grade Marketplace Website like Aibaba, Amazon & Ebay
To build an enterprise-grade ecommerce platform there are two common ways. Selecting the right option that suits your business model and strategy determines the success of your online store. Let us get into a short look at the options for owning an online store like Amazon or Alibaba or eBay.
Developing an online store from scratch is one option that you can opt for, if you prefer to have the complete customization control over the store. However, this is not recommended for start-ups who have less time and minimum budget in launching an online store. The development will take more time for the deployment of the online store. The cost will be out of control so, only high-end entrepreneurs can go for scratch development.
The readymade marketplace is purposely designed to compete in the challenging market. The functionalities developed in the readymade marketplace will be similar to the functionalities found in the leading eCommerce portals like Amazon, Alibaba, and eBay. The cost of the software perfectly matches your budget and in a quick period, you can launch your online store. So for any start-up or mid-level businesses, the readymade marketplace is highly recommended.
It is very clear developing a multi-vendor marketplace is comparatively costly readymade marketplace software.
Factors Required to Build an eCommerce Website like Amazon or Ebay
According to your business model and your time limit you can select either to build it from scratch or even you can prefer to go for a readymade software to run an ecommerce business like Amazon or Ebay. Whatever the choice is, there are a few important factors you need to prioritize.
- User interface – make sure that you give a user-friendly interface to your customers. Only then you can retain them.
- Security – let your website own an SSL certificate that can protect your platform from hacking and gives trust to your customers.
- Logistics – this is the key pillar of your platform and select the one that has a good track record and high rating on perfect delivery.
- Customer support – never leave your customer unattended. Always provide a perfect back-up and listen to their queries. The delight they get is the service you provide them on time.
By keeping the above mentioned factors in mind you can succeed in your eCommerce business just like Amazon or eBay.
Cost of Building an Amazon, Alibaba or Ebay like website
We might wonder how much it will cost to build a website like Amazon or eBay. Here we need to find out what are the essential features that amazon or eBay holds to run successfully. And this will determine the cost of building the same. The features that will set the cost for your website are listed below.
- Multilanguage & multicurrency
- Unlimited products & categories
- Reviews & Ratings
- Easy & simple Checkout
- Order & purchase management
- Stock & Tax management
- Reports & Google Analytics
- Admin & Seller Dashboard
- Automated Newsletter & Email
- Offers & Discounts
- Marketing & Promotions
All the above features will affect the cost to develop a website like Amazon or eBay.
Advantages of Building a Marketplace Website like Amazon & Alibaba with Readymade eCommerce Solution
Anyone can build an eCommerce marketplace platform that can either go for developing a customized eCommerce platform & can buy a readymade multi-vendor marketplace. Let us have a quick comparison between the two.
- Implementation – The readymade marketplace is quick and hassle-free to implemented comparing to the custom eCommerce development.
- Affordability – Readymade script comes with the fixed price and the charges added if any customization. The cost of custom eCommerce development varies from project to project
- Free trials and demos – You can enjoy the trial version with a readymade marketplace & can analyze whether the product suits your business. In Custom development, it is not possible.
- User-friendly– You can gain an ultimate user-experience while using the readymade multi-vendor marketplace. No technical knowledge needed to handle the application. Custom development can be user-friendly in all cases. They developed for high-end users. Common man finds difficult
Zielcommerce – A White label Marketplace Solution
Zielcommerce is the best readymade marketplace platform for any size of business. It is quite precise with all essential modules that are available in any leading marketplace platform. This will get your business smart and you can experience a greater reach in digital market. Zielcommerce platform is perfectly compatible with any device you use. with this software, you can provide complete freedom and transparency to the vendors. Customers can experience a rich product catalog and competitive pricing.
Features of Zielcommerce
- Simple and easy payment processing.
- Perfect SEO management
- Legit Fee / Commission management.
- Dedicated Vendor Portal
- Real-time notifications
- On-time inventory management
- Multi-language & Multi-currency option
- Mobile friendly store
- Social network integration
- International payment acceptance
Highlights of Zielcommerce
Dedicated mobile app
Zielcommerce comes with a dedicated mobile app for both Android and IOS users. This will let you have control over mobile users and it is well known that any ecommerce portal is getting more mobile users as visitors. By getting Zielcommerce you can cover the mobile users easily
the superior UI & UX build up the time that the visitors spend on the site. Zielcommerce possesses a stunning UI & UX that impresses the visitors and will automatically increase the traffic to your site.
Highly committed customer support
even a non-technical person can get a perfect hands-on with the application through the dedicated support provided by the zielcommerce customer care team. You can avail of end-to-end support for free.
Possess own hosting
get the complete control of your software by having a separate hosting server. You may need to customize the software then and there according to the market requirement and in this case, you may not depend upon the software provider to access the hosting server.
Additional earning modules
Zielcommerce is developed in such a way that the owner can have an additional income apart from direct selling of the products through the online store. One such way is the option to have affiliate marketing. You can have affiliates as your partners and can get more sales out of them.
you can completely rely on Zielcommerce as there will not be any hidden charges or any recurring fee. The total software comes with a one-time investment and you can pay and own the license of the product.
With the emerging technologies and the tremendous growth in the field of the digital market, this is the perfect time for any entrepreneur to concentrate on online business and to have a perfect multi-vendor marketplace. There is a great scope to leverage your business by having a reliable multi-vendor marketplace. You need to focus more on getting the right multi vendor marketplace platform for your business and promote your business effectively and expect a great ROI in a short period of time.