A multi-vendor eCommerce marketplace holds a lot of potential in terms of revenue for a business owner. When Amazon was first introduced in 1995, nobody could expect the emergence of more such companies like Amazon, Etsy, eBay, AliExpress, Barnes & Noble, and many more. The market demand has pushed such marketplaces resulting in their global expansion.
The industry has seen a notable shift over the years with the majority of entrepreneurs moving from their online stores to multi-vendor marketplaces. In comparison to single eCommerce stores, a multi-vendor marketplace helps in retaining up to 89% of the customers. According to a survey, sales through multi-vendor marketplaces will account to almost thrice as compared to online stores by 2021.
For eCommerce entrepreneurs, the multi-vendor marketplace option is cost-efficient as it allows them to sell a wide range of products to a larger audience without maintaining an inventory. The operations on such a platform go hand-in-hand as sellers give way to more customers and growing number of customers demand more sellers. For the owner, its a complete win-win, as they can focus on accelerating their business growth and not be worried about losing the business at any given time.
What does Melten Klozet have for sellers?
Melten Klozet provides thousands of sellers with the opportunity to sign up for an individual vendor account. In return, they earn more revenue as we work towards establishing our multi-vendor eCommerce marketplace.
Take a look at the following additional benefits:
- A seller can create their own store with a personalized logo, banner, and custom navigational tabs.
- They can provide buyers with the option to select their shop as favorite, share it on social media, or send them direct messages.
- They can declare wholesale or retail price for the products as per their choice.
- They can easily analyze the sales reports and product performance report.
- Sellers can easily manage their inventory via the sellers console.
- There is absolutely no need to invest in a brick-and-mortar shop when one is selling online.
- Sellers can add custom catalog on the website.
- Melten Klozet focuses on conversion-focused development of your online store. Therefore, sellers can convert more visitors into buyers.
- Sellers have the freedom to promote their shop or products.
- Sellers can leverage the import/export feature of Melten Klozet to upload and edit the file that contains product information, and import it to apply the changes. This helps save time and manage the store better. Also, admin can import data for them from the backend.
- Melten Klozet provides vendors with an easy payout system.
- Melten Klozet offers mobile app for sellers, which is fast and conversion-optimized, which allows sellers to respond to each user quickly, keep track of all orders, and increase conversions.
How does Melten Klozet benefit buyers?
78% of users prefer accessing a store via a mobile app over a mobile site. Consumers are free to choose from the wide range of offerings according to their needs and demands. It's a lot more convenient to buy everything from one place, rather than moving from store to store to fulfill different requirements.
Here are additional benefits for buyers:
- Due to a lot of competition among vendors within the store, users get an option to buy products at reduced prices.
- Users are provided with an option to buy products based on smart recommendations, which brings ease in their buying journey.
- Users have the option to provide product reviews and ratings, which helps differentiate your product page from others and generate trust among new customers.
- Melten Klozet provides a buyer with the option to share a unique URL and earn reward points.
- Buyers can directly communicate with vendors via messaging, in case of any query or complaint.
- Melten Klozet's responsive layout ensures users a seamless experience across different devices, including desktop, mobile, and tablet.
- The multi-vendor marketplace system is also available in terms of an easy-to-operate app, which eases the lives of buyers on the go.
- Various color theme options allow for providing a customized experience to users based on their nature or on the types of products.
- In case they are not satisfied with the purchase, buyers have the choice to return their orders following a simple process.
- Melten Klozet has a streamlined checkout process which impacts users buying behavior and leads to increased conversions.
- Admin can introduce special birthday discounts or rewards to encourage further buying.
- Melten Klozet has amazing built-in product page features including zoom feature which enhance potential buyers experience, positively impacting their purchasing decision.
- The easy-to-use Melten Klozet app available for buyers helps them make purchases on-the-go and enable them to remain up-to-date with new offers at all times.
Now let's see what the Melten Klozet multi-vendor eCommerce platform holds for business owners or entrepreneurs:
While there are a lot for sellers and buyers who gain from the multi-vendor marketplace solution, Melten Klozet, you can reap several benefits. First of all, you don't have to worry about creating or selling products. The real value here lies not in promoting the products but to transfer the stress that comes with creating awareness and generating traffic.
Together, this contributes to its sublimity and helps you launch a thriving online store without burning a hole in your pocket.
Melten Klozet follows a transparent approach and keeps you notified of all updates. Therefore, it enables you to keep your complete focus on your business operations and growth. It also saves you time and money, facilitating the creation of a Free Online Store that has a user-friendly interface and advanced functionalities. Startups looking to reap the most benefits at affordable costs, especially, can leverage the platform.