Who will say they don’t know about Amazon, eBay, or Alibaba marketplaces? You, me, and people around the world countries who love online shopping have visited these sites at least once a month. Have you ever wondered why these marketplace websites are popular and got a huge hit? And the reason behind their massive growth?
The truth is – the expansion of the eCommerce sector has made it happen and the era of the marketplace.
Now, will take you to walk through the process of developing an Amazon-like marketplace using our Multi-vendor Marketplace Extension.
A marketplace is where multiple stores operate under the same roof. Here, customers get a variety of choices to buy the products they actually need from a single place. So, a marketplace gives the owner a higher chance of earning more revenue as there are many options for a customer to choose from.
Anyone who is planning to start their own business should consider online marketplaces before choosing any particular business. Whether you are willing to sell your own products, services, or sell products on behalf of someone, there couldn’t be a good option.