An increasing number of customers choose shopping online which is shown by the sharp rise of Americans who completed their holiday shopping in the comforts of their own home. From 31% of U.S. shoppers in 2013 who chose to buy online, it increased up to 61% in just 2 years. And the number keeps increasing day to day.
In today’s modern marketplace, there are more avenues than ever to make your product a victory. Ecommerce is one of these areas, with aspiring entrepreneurs hitting it big apparently every day — people who have taken their million-dollar ideas and turned them into a million-dollar reality.
Operating an e-commerce business successfully still requires all of the marketing, planning, and management skills that other types of business require. Today we will be sharing a list of Top eCommerce Marketplace Software for Entrepreneurs. Keep reading!
Top eCommerce Marketplace Software for Entrepreneurs
#1 CS-Cart Multi-Vendor
Multi-Vendor is the leader in our list of Best eCommerce Marketplace Software for Entrepreneurs because of its end-to-end solutions for selling online. It’s a very popular & known platform for businesses as it’s extremely user-friendly. While other e-commerce platforms claim to be easy to use, they sometimes need you to invest hours in learning how it works.
Multi-Vendor is standalone eCommerce software that allows you to create an online marketplace with ease. In Multi-Vendor, independent vendors can sell their products through a single storefront. Multi-Vendor has many brilliant features for admin such as advanced vendor payout system, vendor plans, flexible product management system, and powerful admin dashboard.
- Perfectly suits any kind of online market—from a big all-in-one shopping mall to a mix of a marketplace and a social network.
- Customize Your Storefront in Real Time
- 200+ Beautiful Storefront Themes
- Catalog Inventory
- Downloadable Products Ready
- Full Control of Export & Import
- Real-Time Shipping Rates
- Admin Mobile App
- Powerful admin dashboard
- Search engine friendly eco-system
- CDN Support Out of the Box
- Server-Side Optimization
- Over 70 integrated payment secure methods plus 8 real-time & manual shipping methods
- Richest documentation and video tutorials
- Premium technical support
- Annual upgrade fee
After much consideration, I have reached the conclusion that CS-Cart Multivendor is a great shopping cart solution. The software does have a couple good selling points (one-time buying and a decent drag-and-drop editor). However, those positives are countered by limited continued payment for platform upgrades.
However, if you’ve decided that CS-Cart fits the needs (and budget) of your company, go ahead and try out that demo. Get the feel of the platform and see if it’s right for you.
Second in the list is yet popular marketplace software, Sharetribe. A peer to peer marketplace can be an amazing way to get inspired, to build something valuable, feasible and enduring, while establishing yourself as an expert in your niche or locality.
Sharetribe is a great, under the radar platform for enlightened entrepreneurs who want to create something great. Sharetribe was first developed by two Finnish university friends Juho Makkonen and Antti Virolainen. Primarily, their idea was to help other students sell old textbooks, find a tutor, or get help moving out. But after five years of development, Sharetribe now delivers most features you would want from a marketplace platform right out of the box.
- Supports all types of marketplaces
- Provides a built-in payment system
- Includes tools for generating, categorizing, and filtering content
- Allows custom branding
- Works perfectly on mobile devices
- Includes an advanced payment system that supports 25+ currencies and 190+ countries
- It’s open source, and published with open MIT license
- Sharetribe is a CMS built specifically for building marketplaces. It’s likely not a good idea to use it for building an online store, a community forum, or a social networking site.
Sharetribe is a service aimed wholly at creating multi-vendor marketplaces. It’s focused more on creating peer-to-peer marketplaces rather than multi-vendor marketplaces with organized storefronts. So, Sharetribe definitely won’t be for everyone. But if you are looking to create a peer-to-peer marketplace, it’s the platform for you.
#3 Magento with Marketplace
Magento, an e-commerce platform, has built its reputation as a vigorous and cost-effective digital commerce solution for mid-range businesses and entrepreneurs.
When it comes to implementing the e-commerce marketplace business model on this platform, there are some Magento plug-ins and extensions tailor-made to support some of the must-have features for a marketplace webstore.
Marketplace is a popular extension for Magento which turns it into a fully-functioning multi-vendor marketplace. The developer, Webkul, also offers versions of Marketplace for WordPress, Shopify, and other content management systems.
- Web Design
- Shopping Cart
- Customer Service
- Order Management
- Mobile Commerce
- Product Management
- Search Engine Optimization
- Analytics and Reporting
- Multiple Websites
- Setting it up requires some time due to its complexity
- Monthly maintenance is costly
Although Magneto is expensive for small business owners and likely for entrepreneurs, if you need a robust platform that will look and behave just as you desire, Magento is the way forward.
#4 Dokan Multivendor Marketplace For WordPress
Dokan is built for beginners as well as experts in the eCommerce space. Using the platform is tremendously easy and as a vendor, there is hardly anything for you to do, except keep track of your orders.
Developed by a young team of developers, based out of Dhaka, Bangladesh, Dokan is a multivendor market place for the WordPress open-source platform. weDevs has been developing WordPress plugins for almost 10 years now and are now leveraging their experience and talent to take up more ambitious projects.
Dokan lets entrepreneurs and website owners leverage their market position to sell products or services without asking them to go through the learning curve of eCommerce as well.
- Catalog Management
- Channel Management
- Customer Accounts
- Email Marketing
- Inventory Management
- Loyalty Program
- Multi-Store Management
- Order Management
- Product Configurator
- Promotions Management
- Returns Management
- SEO Management
- Shopping Cart
- Needs more plugins to make it versatile
- Not suitable for big businesses
Dokan is a great plugin for creating a marketplace on WordPress platform and is recommended for small business owners. The good thing about Dokan is that it’s inexpensive to maintain and run a marketplace.
There are lots of popular and amazing platforms available for e-commerce marketplace software, as you can see by taking a look at the software listed above. What is the best platform for you, depends mostly on 2 things:
#1 What Type of Marketplace Are You Going to Build?
Is it a multi-vendor e-commerce site where numerous big companies sell new products to their customers or a platform where companies can hire freelancers such as Fiverr or a location based marketplace for renting apartments nearby?
#2 What is Your Budget?
When you decided on the type of the marketplace you’re going to build now you should estimate the costs for your eCommerce project by comparing the marketplaces above and choosing the one that really suits your needs.