Best Marketplace Software
Marketplace software, also called multivendor marketplaces, enable users to create and manage digital storefronts that host product and services listings from multiple vendors. These tools simplify and streamline the entire process of creating, hosting, and managing an online marketplace, from website design to vendor communication to shipping.
Marketplace software are very similar to e-commerce platforms in that they facilitate the building and management of digital storefronts; however, e-commerce platforms are intended for a singular vendor, while multivendor e-commerce platforms function as a digital marketplace. Many products are offered as a standalone platform, but others are exclusively, or can be offered, as a plugin for another web content management system.
To qualify for inclusion in the Marketplace category, a product must:
Best Marketplace Software At A Glance
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- Overview
- User Satisfaction
- Seller Details
GetBizOnline is an effort to help small businesses easily and affordably create website. GetBizOnline is a free tool that allows small business owners to create a simple and striking website in just a
- 65% Small-Business
- 24% Enterprise
- Overview
- Pros and Cons
- User Satisfaction
- Seller Details
Canal is the multi-vendor marketplace and dropshipping technology transforming the way products are sold online. Canal is designed for modern retailers, bringing together great brands, creators, and p
- Retail
- Consumer Goods
- 91% Small-Business
- 8% Mid-Market
- Overview
- User Satisfaction
- Seller Details
- Overview
- Pros and Cons
- User Satisfaction
- Seller Details
Anchanto Order Management is an enterprise multi-channel e-commerce management software. It offers a one-stop solution to run centralized order management, inventory management, and catalog management
- Retail
- 61% Small-Business
- 39% Mid-Market
330 Twitter followers
- Overview
- Pros and Cons
- User Satisfaction
- Seller Details
OroCommerce is a B2B eCommerce platform purpose-built to meet the complex needs of manufacturers and distributors. It unifies eCommerce, CRM, CPQ, CMS, DAM, and Marketplace capabilities into a single,
- Information Technology and Services
- 49% Small-Business
- 43% Mid-Market
2,829 Twitter followers
- Overview
- User Satisfaction
- Seller Details
CS-Cart Multi-Vendor is a professional marketplace platform, which allows you to open an Amazon-like marketplace quickly and grow it at scale. CS-Cart comes with over 500 marketplace features, no-code
- CEO
- Owner
- Retail
- Apparel & Fashion
- 89% Small-Business
- 9% Mid-Market
2,054 Twitter followers
- Overview
- Pros and Cons
- User Satisfaction
- Seller Details
With CloudBlue, enjoy the simplicity and uniformity of a single platform to sell, procure, and manage the lifecycle of all cloud services. Its intuitive design means a shorter learning curve, allowing
- Information Technology and Services
- 47% Mid-Market
- 32% Small-Business
8,904 Twitter followers
- Overview
- User Satisfaction
- Seller Details
Dokan is a Multivendor Marketplace Plugin and eCommerece Solution for WordPress.
- 118% Small-Business
- 27% Mid-Market
26,213 Twitter followers
- Overview
- User Satisfaction
- Seller Details
Yelo is a cloud-based on-demand ordering platform where hyperlocal businesses can offer direct-to-consumer and multi-vendor services to consumers. Majority of small-medium-sized businesses lack the ca
- Food & Beverages
- 93% Small-Business
- 9% Mid-Market
590 Twitter followers
- Overview
- Pros and Cons
- User Satisfaction
- Seller Details
Infiterra emerges as an independent company in 2025, evolving from interworks.cloud to meet the growing needs of IT distributors and Managed Service Providers (MSPs). Infiterra’s inception is rooted i
- Information Technology and Services
- 39% Small-Business
- 33% Mid-Market
388 Twitter followers
- Overview
- User Satisfaction
- Seller Details
Yo!Kart is a self-hosted multi-vendor marketplace software to build B2B/B2C/P2P marketplaces like Amazon, Etsy, or Alibaba. It is best suited for individuals or business owners who are looking to inve
- Consumer Goods
- Retail
- 91% Small-Business
- 6% Mid-Market
1,588 Twitter followers
- Overview
- Pros and Cons
- User Satisfaction
- Seller Details
Selldone, a pioneering force in the e-commerce platform landscape, is headquartered in a vibrant tech hub, reflecting its innovative ethos. Established with a mission to streamline online business ope
- Founder
- Apparel & Fashion
- 94% Small-Business
806 Twitter followers
- Overview
- User Satisfaction
- Seller Details
NuORDER offers a complete B2B eCommerce solution with all the tools brands and buyers need to buy, sell and collaborate online. Our virtual showrooms, digital catalogs, and linesheets enable brands to
- Apparel & Fashion
- 55% Small-Business
- 27% Mid-Market
1,036 Twitter followers
- Overview
- User Satisfaction
- Seller Details
Acq is designed to create e-shops. The principle of working is extremely simple! Using a plain constructor, you create your own e-shop under your brand and domain. Product builder You can build an at
- Software Engineer
- Marketing and Advertising
- Apparel & Fashion
- 72% Small-Business
- 26% Mid-Market
- Overview
- Pros and Cons
- User Satisfaction
- Seller Details
Rithum was born from the combined strength of e-commerce trailblazers CommerceHub and ChannelAdvisor. Operating across the globe, Rithum supports the world's leading brands and retailers with a range
- Retail
- Apparel & Fashion
- 60% Small-Business
- 36% Mid-Market
9,851 Twitter followers
- Overview
- Pros and Cons
- User Satisfaction
- Seller Details
AppDirect is a platform for selling, distributing, and managing cloud-based products and services.
- 42% Small-Business
- 33% Mid-Market
2,361 Twitter followers
- Overview
- User Satisfaction
- Seller Details
Our Digital transformation product range includes location based; white labeled Uber Apps with customizable source code for any business idea. We focus to design ready to implement products for iOS, A
- 86% Small-Business
- 14% Mid-Market
1,393 Twitter followers
- Overview
- User Satisfaction
- Seller Details
Omnyfy is one of the world's most versatile and feature rich multi-vendor marketplace platforms, for enterprise marketplace commerce. We work with organisations that are looking to transform their exi
- 46% Mid-Market
- 38% Small-Business
42 Twitter followers
- Overview
- Pros and Cons
- User Satisfaction
- Seller Details
Modern Dropship helps established retailers launch new cross-selling, dropship and marketplace programs. Our platform is used by retailers to source, onboard, and transact with any supplier, includin
- CEO
- Founder
- Retail
- Consumer Goods
- 95% Small-Business
- 5% Mid-Market
- Overview
- User Satisfaction
- Seller Details
SouqBox has a suite of products focussed on smart digitisation for B2B customers. T-Hub is like Shopify but built for B2B. A SaaS platform that provides our customers with a fully Whitelabel brand
- 64% Small-Business
- 27% Mid-Market
46 Twitter followers
- Overview
- User Satisfaction
- Seller Details
This Fancy clone script is an excellent ecommerce solution for building a multi vendor ecommerce platform which allows the users engage in various social media to do shopping in ecommerce site through
- 55% Small-Business
- 36% Mid-Market
85 Twitter followers
- Overview
- User Satisfaction
- Seller Details
A marketplace is not a single store; it’s a collection of stores. A marketplace is not a single store; it’s a collection of stores. Customers walk in and can browse goods from several different vendo
- 50% Small-Business
- 40% Mid-Market
- Overview
- User Satisfaction
- Seller Details
Purchase Commerce is an Ecommerce Shopping Cart Software that’s enriched by top-notch frameworks - Angular7 and Node / Express Framework. Our ecommerce platform is lightweight, flexible, adaptable and
- 64% Small-Business
- 23% Enterprise
616 Twitter followers
- Overview
- User Satisfaction
- Seller Details
ShopX is a first-of-its-kind ecommerce platform built specifically for hyperlocal businesses to sell online. We focus on bringing all the tools you need to start, manage and scale your online store,
- 68% Small-Business
- 20% Mid-Market
33 Twitter followers
- Overview
- User Satisfaction
- Seller Details
Genstore is a multi-vendor eCommerce marketplace software.
- 91% Small-Business
- 9% Enterprise
385 Twitter followers
- Overview
- User Satisfaction
- Seller Details
Purchase Commerce is a Single Page Shopping Cart Application that’s enriched by top-notch frameworks - Angular7 and Node / Express Framework. The platform is lightweight, flexible, adaptable and scala
- 91% Small-Business
- 9% Mid-Market
616 Twitter followers
- Overview
- User Satisfaction
- Seller Details
BoxFox is a B2B marketplace for small retailers to appraise and sell their excess inventory to authorized resellers.
- 91% Small-Business
- 9% Mid-Market
284 Twitter followers
- Overview
- Pros and Cons
- User Satisfaction
- Seller Details
Onport is an ecommerce Marketplace and Dropshipping Platform - Powering companies to leverage the marketplace and dropshipping model with next-generation composable technology. Onport enables the Ma
- Apparel & Fashion
- Retail
- 92% Small-Business
122 Twitter followers
- Overview
- User Satisfaction
- Seller Details
Shipturtle helps ecommerce stores create custom Vertical Marketplaces via Brand Collaborations. We provide Amazon Seller Central – like tech for Vendors to easily list on the merchant website. Merchan
- 88% Small-Business
- 13% Mid-Market
- Overview
- User Satisfaction
- Seller Details
IXXO Multi-Vendor is a web-based marketplace platform where individual vendors sell their products and services through a single storefront with vendors having their own micro-stores. IXXO Cart stan
- 71% Small-Business
- 14% Enterprise
406 Twitter followers
- Overview
- User Satisfaction
- Seller Details
Create your own marketplace today using WCFM Marketplace, the most complete marketplace solution for WordPress. Selling of goods, rentals, auctions, services all are supported. Try it now.
- 88% Small-Business
- 13% Mid-Market
391 Twitter followers
- Overview
- User Satisfaction
- Seller Details
gajCart is open source shopping cart system.
- 43% Mid-Market
- 43% Small-Business
10 Twitter followers
- Overview
- Pros and Cons
- User Satisfaction
- Seller Details
Mirakl is the only marketplace SaaS platform that empowers both B2B and B2C organizations to launch and grow an enterprise marketplace at scale. Mirakl is the marketplace expert, partnering with leadi
- 40% Small-Business
- 40% Mid-Market
- Overview
- User Satisfaction
- Seller Details
Arcadier Enterprise solutions help businesses build, deploy and power robust marketplaces globally. Our advanced headless approach and API-centric eCommerce solution enables complete customisation an
- 50% Mid-Market
- 50% Small-Business
555 Twitter followers
- Overview
- User Satisfaction
- Seller Details
JaJuMa-Market is the Magento-based marketplace software walkthrough. JaJuMa-Market is flexible and thus ideally suited for your multi-vendor business case and your individual requirements.
- 60% Small-Business
- 20% Enterprise
422 Twitter followers
- Overview
- User Satisfaction
- Seller Details
MarketEngine is a multi-vendor marketplace platform developed and published by EngineThemes.
- 80% Small-Business
- 20% Mid-Market
1,525 Twitter followers
- Overview
- User Satisfaction
- Seller Details
Sellr! is one of the most technically advanced multi vendor ecommerce script or multi vendor php script out there in the market. Start your own social shopping app with the best ecommerce script and s
- 40% Small-Business
- 40% Mid-Market
308 Twitter followers
- Overview
- User Satisfaction
- Seller Details
CedCommerce MultiVendor Marketplace Extension transforms a normal magento ecommerce store into a multi vendor marketplace. Available in three version makes marketplace creation not only easy but can b
- 67% Small-Business
- 33% Mid-Market
2,434 Twitter followers
- Overview
- User Satisfaction
- Seller Details
Marketplacer is a world-leading technology Platform as a Service (PaaS) company equipped with all the tools and functionality to supercharge commerce, building successful and scalable online marketpla
- 75% Small-Business
- 25% Mid-Market
- Overview
- User Satisfaction
- Seller Details
Zielcommerce is one among the top multi-vendor marketplace builder that develops software with several advanced features. Its provide more than 25+ payment gateway for the comfort of your customer. Th
- 100% Small-Business
- Overview
- User Satisfaction
- Seller Details
Nautical enables retailers, manufacturers, and distributors to own their industry by becoming an online marketplace or leveraging dropshipping. Our headless multi-vendor commerce platform allows you t
- 100% Small-Business
- Overview
- User Satisfaction
- Seller Details
platformOS is a model-based application development platform where you have total control over every aspect of your digital build. As an APIs-for-Everything PaaS that leverages GraphQL and Liquid mark
- 75% Small-Business
- Overview
- User Satisfaction
- Seller Details
Build a customizable marketplace website 100x faster and cheaper than hiring a developer. Starting at $125/mo. Build it yourself using our no-code tool (or have a Tangram Expert build it on your beh
- 75% Mid-Market
- 25% Small-Business
- Overview
- User Satisfaction
- Seller Details
Launch your product without building from scratch. A simple no-code builder, Development toolkits, 3rd Party integrations. Developers and entrepreneurs launch marketplace and commerce apps using Tradl
- 100% Small-Business
- Overview
- User Satisfaction
- Seller Details
Uppler is the leading B2B marketplace solution and B2B plateform solution. It provides companies across the globe with an all-in-one solution to create a custom B2B plateform adapted to any specific i
- 100% Small-Business
487 Twitter followers
- Overview
- User Satisfaction
- Seller Details
Apptha Marketplace is online multi vendor software using which you can create a multi vendor marketplace website like ebay, Amazon, Flipkart & Alibaba within a quick time span. This eCommerce mark
- 100% Small-Business
273 Twitter followers
- Overview
- User Satisfaction
- Seller Details
Avetti Commerce is a composable eCommerce and marketplace platform. It is designed to enable the creation and operation of custom multi-vendor marketplaces, allowing businesses to sell their products
- 33% Enterprise
- 33% Mid-Market
131 Twitter followers
- Overview
- User Satisfaction
- Seller Details
The ILance software can transform any website into a complete buy and sell marketplace, using various bidding and buying methods.
- 67% Small-Business
- 33% Enterprise
- Overview
- User Satisfaction
- Seller Details
Kreezalid is the perfect e-commerce solution to launch your marketplace whether it is for sharing, products selling or rentals.
- 100% Small-Business
- Overview
- User Satisfaction
- Seller Details
Since the beginning of the Corona period this year, my team and I have been working on developing an electronic program that works through the web and phone applications to help manage e-commerce at m
- 67% Small-Business
- 33% Mid-Market
- Overview
- User Satisfaction
- Seller Details
A marketplace software platform that enables everyone from Fortune 500 companies to solo entrepreneurs to create beautiful marketplace websites. Best For: Businesses looking to grow their digital rev
- 33% Mid-Market
- 33% Enterprise
7,296 Twitter followers
- Overview
- User Satisfaction
- Seller Details
Perfect Channel build B2B and B2C marketplaces, increasing efficiency and transparency in our clients business processes. We are experts in auction technology, deploying diagnostic tools to deploy the
- 67% Small-Business
- 33% Enterprise
- Overview
- User Satisfaction
- Seller Details
MULTI-VENDOR ECOMMERCE MARKETPLACE PLATFORM Shoppd, our ultimate multi store eCommerce software for entrepreneurs looking to get into the on-demand e-commerce business niche. Start your own Amazon Clo
- 100% Small-Business
308 Twitter followers
- Overview
- User Satisfaction
- Seller Details
DigitMarket™ Marketplace lets you optimise, monetise and accelerate your digital transformation initiative. This digital transformation platform allows businesses to become platform enablers, grow pro
- 33% Small-Business
- 33% Enterprise
1,794 Twitter followers
- Overview
- User Satisfaction
- Seller Details
Uppler powers B2B marketplaces across the world that streamline transactions between sellers and professionnal buyers.
- 33% Small-Business
- 33% Enterprise
487 Twitter followers
- Overview
- User Satisfaction
- Seller Details
Yo!Deals is a fully customizable, ready-to-launch daily deals marketplace solution that can be used by entrepreneurs and startups to start their online deals business. It is versatile in nature and he
- 67% Mid-Market
- 33% Enterprise
1,588 Twitter followers
- Overview
- User Satisfaction
- Seller Details
Zielcommerce is a readymade enterprise-grade eCommerce software solution. That allows you to build and launch your own eCommerce store. Within no time, you can 100% customize your eCommerce store with
- 60% Mid-Market
- 40% Small-Business
- Overview
- User Satisfaction
- Seller Details
Zylvie is a high-converting cart software for creators, coaches, influencers, and marketers to sell their digital products and subscriptions. We offer powerful AOV optimization features, like strategi
- 100% Small-Business
- Overview
- User Satisfaction
- Seller Details
cloudBuy e-marketplaces bring buyers and sellers together on a secure and scalable e-commerce platform, to increase local and global trade.
- 100% Small-Business
- 50% Enterprise
656 Twitter followers
- Overview
- User Satisfaction
- Seller Details
No-Code Online Ordering & Delivery Management Solution for Grocery & Food Delivery. 🚀 The best single and multi-merchant ordering and delivery platform to connect seamlessly with your custo
- 60% Enterprise
- 20% Mid-Market
23 Twitter followers
- Overview
- User Satisfaction
- Seller Details
Etsy Clone - PazerPlus is b2b marketplace clone scripts to create an E-Commerce portal for buyers and sellers.
- 100% Small-Business
1,097 Twitter followers
- Overview
- User Satisfaction
- Seller Details
Enable customers to find and purchase your solutions on multiple cloud providers, direct or through your channel.
- 50% Enterprise
- 50% Small-Business
32,750,646 Twitter followers
- Overview
- User Satisfaction
- Seller Details
Comprehensive data set of product information powering multi-channel commerce.
- 50% Mid-Market
- 50% Small-Business
- Overview
- User Satisfaction
- Seller Details
MarketPlus is online software with a solution for b2b needs, to handle business flow with automated solutions.
- 100% Mid-Market
1,097 Twitter followers
- Overview
- User Satisfaction
- Seller Details
MultiMerch is an online marketplace solution designed in Europe for two-sided ecommerce businesses. The MultiMerch Platform provides your business with a complete seller system with stores and dashboa
- 50% Small-Business
- 50% Enterprise
380 Twitter followers
- Overview
- User Satisfaction
- Seller Details
Prestashop Multi-vendor Marketplace Module is one of the easiest ways to convert your eCommerce site into a full-fledged Marketplace. The Prestashop Marketplace addon allows the small vendors to list
- 100% Small-Business
495 Twitter followers
- Overview
- User Satisfaction
- Seller Details
Shopery helps brands and corporations to launch and scale Marketplace businesses through SaaS technology, both for B2C and B2B marketplaces. We provide a fully integrated platform with a backoffice f
- 100% Small-Business
683 Twitter followers
- Overview
- User Satisfaction
- Seller Details
We are a true marketplace solution built for any business that would like to enable vendors to sell services, subscriptions, streaming media or physical products from an online Marketplace. Shuup can
- 100% Small-Business
- Overview
- Pros and Cons
- User Satisfaction
- Seller Details
StoreConnect is a comprehensive eCommerce, Point of Sale, Content Management, and Rewards and Loyalty platform built entirely on Salesforce. This innovative solution is tailored for businesses that ar
- 100% Small-Business
- Overview
- User Satisfaction
- Seller Details
Yealo! is a fully integrated marketplace software for your used good's buying and selling the business. Connect buyers and sellers instantly with our Wish Local Clone. Yealo, buy and sell marketplace
- 50% Small-Business
- 50% Mid-Market
308 Twitter followers
- Overview
- User Satisfaction
- Seller Details
Apptha Buy Sell marketplace mobile app is a ready-to-go clone of Letgo app, developed to help business reduce their time to market rapidly. This pre built classified ads mobile app can be scaled to an
- 100% Small-Business
273 Twitter followers
- Overview
- User Satisfaction
- Seller Details
Magento 2 Marketplace is a readymade multivendor software developed by Apptha. This marketplace software when installed creates a multivendor marketplace website within a few minutes. Built on a Magen
- 100% Enterprise
273 Twitter followers
- Overview
- User Satisfaction
- Seller Details
Storefront, inventory, merchandise printing, shipping, unlimited product listing, payment gateway, orders
- 50% Mid-Market
- 50% Small-Business
- Overview
- User Satisfaction
- Seller Details
Exlcart is A Leading Marketplace Solutions for B2B and B2C Businesses
- 100% Small-Business
19 Twitter followers
- Overview
- User Satisfaction
- Seller Details
Online shopping has got more advantages additionally when it also has social features on it then it can surely captivate the good number of users and so handsome revenue. One such is the fancy clone s
- 100% Small-Business
453 Twitter followers
- Overview
- User Satisfaction
- Seller Details
The platform contains everything you need to build for your peer-to-peer marketplace. The secure IdyaFlow software has a complete bundle for your marketplace website that allows you to easily create d
- 100% Small-Business
- Overview
- User Satisfaction
- Seller Details
Kopatech is an innovative, customer-centric full-range Web, eCommerce and Mobile Application Development company that focuses on quality and timely delivery.
- 100% Small-Business
1,359 Twitter followers
- Overview
- User Satisfaction
- Seller Details
Logicbroker is a premier multi-vendor commerce platform that seamlessly connects trading partners regardless of integration types. Our modern solutions empower retailers and brands to Connect, Orchest
- Retail
- 69% Small-Business
- 31% Mid-Market
1,021 Twitter followers
- Overview
- User Satisfaction
- Seller Details
Magento Multi-vendor Marketplace Extension can convert your Magento eCommerce store into a fully-functional marketplace. The Magento marketplace allows multiple sellers/vendors to register themselves
- 100% Mid-Market
495 Twitter followers
- Overview
- User Satisfaction
- Seller Details
Enterprise-grade integration for Amazon, Ebay, Fruugo, Newegg, Otto, Wayfair, Walmart and Zalando. Selling on marketplaces presents an incredible opportunity to reach millions of buyers around the wor
- 100% Small-Business
- Overview
- User Satisfaction
- Seller Details
MultiVendorX transforms WordPress into a full-featured, multi-vendor marketplace in weeks, not months. Vendors get sleek dashboards to manage products, orders, and payouts, while admins wield total co
- 100% Small-Business
- Overview
- User Satisfaction
- Seller Details
Octopia is a comprehensive SaaS solution for ecommerce businesses looking to launch a new marketplace or boost an existing one with more products and sellers. Octopia helps retailers deliver a sea
- 100% Mid-Market
- Overview
- User Satisfaction
- Seller Details
Multi-Vendor eCommerce Marketplace Platform for B2B, B2C, booking or service marketplaces with no monthly fees. Power your online marketplace with a full featured solution enabling anyone to setup an
- 100% Small-Business
23 Twitter followers
- Overview
- User Satisfaction
- Seller Details
OpenCanvas is a proprietary eCommerce platform with multiple listing capabilities
- 100% Enterprise
35 Twitter followers
- Overview
- User Satisfaction
- Seller Details
Retaxis is an online multi-vendor marketplace platform that allows businesses to create B2C, B2B, services or hyperlocal marketplaces.
- 100% Mid-Market
242 Twitter followers
- Overview
- User Satisfaction
- Seller Details
Rocket Bazaar is a magneto based multi-vendor marketplace platform allows companies to build multi-seller stores.
- 50% Mid-Market
- 50% Small-Business
148 Twitter followers
- Overview
- User Satisfaction
- Seller Details
Sellacious is the NextGen, Open Source and Scalable Omni-channel eCommerce and Marketplace with flexible configurations to create integrated POS and Online Stores. Sellacious is a complete eCommerce s
- 100% Small-Business
- Overview
- User Satisfaction
- Seller Details
CrossPostIt is a powerful software solution that sells your products across multiple marketplaces and provides real time inventory synchronization, order fulfillment, and reporting all wrapped up in a
- 100% Small-Business
183 Twitter followers
- Overview
- User Satisfaction
- Seller Details
Aimeos is an Open Source PHP library and e-commerce framework offering a set of full-featured e-commerce components for online shop applications and market places. The e-commerce framework is integrat
1,449 Twitter followers
- Overview
- User Satisfaction
- Seller Details
- Overview
- User Satisfaction
- Seller Details
Bootsmart is the best front and back end multi vendor marketplace on Codeigniter Platform. Multivendor Ecommerce Script is developed in Code Igniter PHP framework with MYSQL Database. Our Multivendor
- Overview
- User Satisfaction
- Seller Details
Etsy clone script empowers entrepreneurs to quickly launch their own customizable online handmade goods marketplace. Equipped with robust features. Sellers can easily set up stores, upload products, a
136 Twitter followers
- Overview
- User Satisfaction
- Seller Details
ByteArbor is a Multi-Vendor Marketplace Website Builder Platform with Pre-made Marketplace Website Templates and Out-of-the-box Features. ByteArbor Marketplace Templates include Service, Rental an
- Overview
- User Satisfaction
- Seller Details
Canal helps D2C brands sell more. We’re building a highly curated network of brands who are ready to unlock novel revenue streams. We do this by enabling brands to discover & sell complementary pr
- Overview
- User Satisfaction
- Seller Details
Cartona develops a B2B e-commerce marketplace that leverages advanced technology, data, and supply chain innovation to offer easy price comparison and a seamless ordering and fulfillment experience, h
- Overview
- User Satisfaction
- Seller Details
Create your own B2B, B2C or B2B2C online marketplace with full order orchestration and integration capabilities.
- Overview
- User Satisfaction
- Seller Details
Commerce365- Wholesale eCommerce Software Platform that is designed for Fast-Growing Brands. About us: Commerce365 powered by Balluun is the leader in B2B Wholesale eCommerce, built and designed exc
- 100% Mid-Market
721 Twitter followers
- Overview
- User Satisfaction
- Seller Details
Build your Freelance platform to connect employers and employees. Build a Consultation Marketplace and connect experts with customers in real-time
590 Twitter followers
- Overview
- User Satisfaction
- Seller Details
ConnectNX (CNX) is a revolutionary platform that transforms the buying and selling of network capacity across carriers and enterprises. By automating the order lifecycle with a user-friendly interface
- Overview
- User Satisfaction
- Seller Details
Learn More About Marketplace Software
What is Marketplace Software?
Marketplace software, also called multi-vendor digital marketplaces or e-commerce marketplaces, is a type of e-commerce software that allows companies to create their marketplaces, sell their merchandise, and attracts multiple merchants, resellers, and partners who sell products and services. The marketplace owner does not need to maintain an inventory of the reseller's products but rather the marketplace infrastructure itself, ensuring that other businesses are using it.
As a result of hosting multiple merchants, it’s likely to need to have a robust support network in case any of those merchants have a problem somewhere along the line. Customers with platform issues will likely also reach out, so having both front-end and back-end support will be necessary.
What Types of Marketplace Software Exist?
Based on user preferences, there are generally two types of marketplace software available for users, as mentioned below:
Cloud software
Cloud-based marketplace software help build the marketplace website through a user interface without coding knowledge or developer’s need. These type of software are the easiest and quickest way to launch marketplaces and are generally cloud-based, and doesn’t need any third-party hosting.
On-premises software
In contrast to the no-code cloud-based marketplace software, on-premises software is hosted on the owner’s or vendor’s server and is generally open-source software that allows customization. While on-premises software allows a wide range of feature addition, it is more expensive than the no-code cloud or hosted server models.
What are the Common Features of Marketplace Software?
The following are some core features within marketplace software that can help users in many ways:
Administration: Managing the marketplace should be smooth and comprehensive. Marketplace administration provides marketplace operators complete control of the marketplace, which includes website management, managing buyer and vendor relationships, marketplace design configuration, API management and maintenance, staying compliant with security standards, and using analytics to monitor business-critical KPIs.
Payments and subscriptions: It allows marketplace operators to set different payment solutions like a credit card, cash on delivery, mobile wallets, buy now pay later (BNPL), etc., for customers. Merchants can also select payment models like one-time memberships, monthly or annual subscriptions, etc., for selling products and services. It must provide functionalities to manage and monitor transaction processes between buyers, vendors, and the marketplace owner and support multiple currencies.
Vendor management: Vendor management capabilities offer marketplace operators complete control over the vendor onboarding, management, and administration of marketplace vendors. It helps manage vendor relationships through permissions management and customizable dashboards to gain insight into vendor operations. Vendor management functionality also helps vendors and merchants manage their store, product price, promotions, and catalog for the buyers and customers.
Warehousing, shipping, and return management: Marketplace software must offer marketplace operators multiple shipping solutions like drop-shipping, centralized shipping, free shipping, or a combination. Marketplace owners can choose the one that suits their business the most. It also helps manage inventory across multiple locations and warehouses, order routing and fulfillment, and integrates with return management solutions for easy return.
Order management: A functionality to manage order fulfillment is a must have in marketplace software. Customers ordering from marketplaces can get an email notification, see their order status, track their order, and get invoices on successful payment. Additionally, vendors also get to know if customers have abandoned carts and work on eliminating bottlenecks at the product level to improve the overall shopping experience.
Catalog management: If a seller has thousands of products, filling up product details for each is time consuming. Marketplace software also offers features of catalog management to edit or update product information in bulk. It also syncs product feed with other marketplaces like google shopping which offer price comparison services and makes sure the product details are accurately reflected.
Marketing capabilities: Marketing capabilities of marketplace software help not only in promoting the business but also give a boost to the merchant’s sales. Marketplaces are often SEO-optimized, and host product reviews software, seller ratings, advertisements, and loyalty programs that help customers discover marketplaces and sellers.
What are the Benefits of Marketplace Software?
Streamline store management: It’s easy and hassle-free work to manage an online store using marketplace software. Marketplace software comes with many pre-built features and functionalities like a storefront, shopping cart, catalog management, payment gateway, etc., for the ease of use of resellers.
Simplifies marketplace development: Marketplace owners managing marketplaces don’t have to worry about inventory management but are responsible for processing transactions. They just have to ensure businesses use it to their full potential. Marketplace owners invest in marketplace development and create monetized value-added services for resellers for profitability.
Target a larger audience: It provides a holistic opportunity for business owners, resellers, and end users. Resellers can reach a larger audience, and customers can compare many brands under one platform. It also helps in brand promotions and advocates for brand protection under the marketplace platform.
Who Uses Marketplace Software?
Small businesses: Small businesses venturing into starting the marketplace with few vendors and SKUs might benefit from marketplace software.
Mid-market companies: Mid-market companies with some e-commerce infrastructure or e-retail business that want to shift their business to a multi-vendor marketplace model to enhance their business offering can use the software.
Enterprises: Large organizations that have already attained growth and want to enhance their existing vendor relationships and bring them under more sophisticated commerce infrastructure and scale business.
Software Related to Marketplace Software
Related solutions that can be used together with marketplace software include:
E-commerce platforms: E-commerce platforms function very similarly to marketplace software, except they only feature a single merchant rather than a variety.
E-commerce personalization software: E-commerce personalization software provides the tools to create personalized experiences for each customer. This often includes product recommendations based on viewing and purchasing history, as well as custom messaging for returning customers.
Payment gateways: Payment gateway software provides a means for customers to input their credit card information to make a payment securely. Payment gateways often use a variety of payment processors, so merchants can choose which processors they prefer to work with.
Challenges with Marketplace Software
Software solutions can come with their own set of challenges.
Selection and implementation: Selecting the right marketplace software isn’t an easy task. Users often choose one size fits all solutions, which may not have all the necessary features. Also, it is often confusing to select and implement the right plugins and features for different types of vendors.
Time consuming: Building a marketplace is a massive undertaking and requires constant attention. While marketplace software provides standard features to create marketplaces, these may not be sufficient when unforeseen issues arise during building and testing.
Expensive: Opting for an advanced level of marketplace software is quite expensive. Small and medium-sized enterprises often want comprehensive marketplace software but find it difficult to pay for the add-on features as they often add up to the cost of the marketplace software itself.
Which Companies Should Buy Marketplace Software?
Multiple businesses across industries can use marketplace software to launch multi-vendor marketplaces. Here’re some common examples of companies that can buy this software:
Retail: Any type of company that is into retail or wholesale business and wants to scale business in the e-commerce industry can launch marketplaces with the help of marketplace software. For example, Amazon, eBay, Target, Walmart, etc.
Software: Software vendors can use this software to launch marketplaces that help encourage other software vendors to list their products and do business on a single intuitive platform. For example, G2, Trustpilot, Trustradius, etc.
Services: Any services-based company across industries like construction, home-furnishing, interior designing, website development, and advertising agencies can create a service marketplace to bring all types of service providers under one platform.
How to Buy Marketplace Software
Requirements Gathering (RFI/RFP) for Marketplace Software
Requirement gathering ensures that the software has all the features a business needs. It helps to understand the right tools required to perform critical task processes without wasting time figuring out how to do it. It also helps to ask critical questions about the need for the software. For example, marketplace software helps build multi-vendor marketplaces. Still, the buyer should also know the size of the business, how many vendors can be onboarded with each basic, intermediate, and advanced plan, and what amount of SKUs the marketplace can handle.
Compare Marketplace Software Products
Create a long list
A long list helps refine software products with must-have marketplace software features such as product listings, vendor listings, marketplace administration, landing page creation, payments, and shipping features, order management features, etc. Buyers can add software based on no-code or on-premises standalone software or marketplace add-ons. Some other things to consider while creating a long list could be the product's popularity, the price offered for product add-ons, schemes for upgrading, and 24/7 customer service support.
Create a short list
A short list narrows down the long list of buyers and helps them make a constructive decision on which software to opt for. Short lists are more specific to the exact need of the buyer, mapped with the features offered by the product. For example, buyers looking for no-code marketplace software must not keep on-premises solutions on the short list.
Conduct demos
Demos are an essential part of the entire software implementation process. It ensures that the marketplace software runs smoothly and is compatible with the existing business system. It allows buyers to ask questions about the software's features and ensures the software vendor is entirely transparent about the product offerings.
Selection of Marketplace Software
Choose a selection team
A team comprised of in-house IT personnel, project managers, heads of departments, e-commerce experts, and end users must be part of the selection process. Along with senior management, this selection team is responsible for selecting the right software and checking the entire marketplace software onboarding process. Buyers can also outsource technical consultants with domain-specific expertise to give constructive recommendations and suggestions in this process.
Negotiation
To successfully negotiate, the buyer must carefully analyze the final offering provided by two or more marketplace software vendors. There are chances that vendors might offer similar software with similar features. In this case, the only differentiator may be the price provided by the vendor. The deciding factor during final selection in case of similar pricing might depend on product add-ons, unique customization, customer support post-implementation, etc.
Final decision
In most cases, the senior management or head of the department decides to select the software after carefully going through all the documented insights provided by the team during the product testing process. It is also essential to investigate all the vendor's terms and conditions beforehand to avoid any last-minute confusion.
Marketplace Software Trends
Digital wallet integration
Integrating a variety of payment methods provides flexibility for both customers and merchants. By allowing both parties to pay and accept payments from various digital wallets, mobile payment apps, and other payment options, a wider variety of customers and merchants can participate.
Artificial intelligence
Artificial intelligence and machine learning power much of the personalization now available to e-commerce stores and marketplaces. Artificial intelligence can also power dynamic pricing, which automatically adjusts the pricing of items based on competitor prices and other information.
