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5 TYPES OF ONLINE MULTI-VENDOR MARKETPLACES

Learn about the five types of Multivendor Marketplace Software to choose the best business model. Also refer here: https://www.purchasecommerce.com/multi-vendor-shopping-cart-software<br>

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5 TYPES OF ONLINE MULTI-VENDOR MARKETPLACES

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  1. 5 Types of  Multi -vendor Marketplace Software | Purchase Commerce Presented by, Nanthini, SEO Analyst This Photo by Unknown author is licensed under CC BY-SA.

  2. 1. Product Online Marketplace • Vendors will sell products to the customers and admin will maintain the platform activities. • Example: Amazon

  3. 2. Online Service Marketplace • This platform is especially used by the vendors to offer services to their targeted customers. Similar to product marketplace, the admin will monitor the platform performance. • E.g.: Fiverr

  4. 3. Online Rental Marketplace • It is a peer-to-peer marketplace which rent the service platforms to their customers through online mediums. • For example, OLA, where the transport services are rented for the customers.

  5. 4. Hybrid Model in eCommerce • Combination of both product and Service Marketplace Platform. • Example: OLX, where customers can buy both products and services.

  6. 5. Hyperlocal Marketplace • This marketplace platform provided services to nearby places. (i.,e) focusing local customers. • E.g.: Swiggy, it offer services to their local clients.

  7. TO WIND UP • From the above five types of Multivendor Marketplace Software, you have to choose your business model to get successful in eCommerce business. • You can also try Purchase Commerce Platform to get affordable, at the same time, it is the best choice to get all features in your eCommerce Website.

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