App Spotlight: Multi Vendor Marketplace for Zoho Commerce
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Transform your Zoho Commerce store into a multivendor marketplace, where others sell and you earn through commissions and subscriptions.
Business needs
Most merchants today don't want to restrict their operations to a single-vendor store. They want to leverage the marketplace model to diversify their income streams through commissions and subscription fees.
Many businesses identify the need for a multivendor marketplace, but the alternatives are expensive, time-consuming, and technically complex. This has a significant impact on budding entrepreneurs who want to venture into marketplaces.
And some businesses, which may already have a platform, might lack the tools required to onboard, manage, and scale multiple sellers and their products. For a multivendor marketplace, features like seller dashboards, commission management, payout tracking, and product approval workflows are essential.
Merchants also face a significant disadvantage when they're unable to target a wide customer base through diverse seller offerings.
Solution
The Multi Vendor Marketplace app helps you converts a Zoho Commerce single-vendor store into a multivendor platform. You can set up seller subscriptions, define commissions, and let vendors manage products and sales from their own panels, while you maintain centralized control and real-time sync. Marketplace admins can now generate revenue through both commission fees and seller subscription models.
Here's what you can do with the app:
Assigned marketplace admins can review and approve new seller applications through a dedicated admin panel. They can also vet and approve products before they go live, maintaining full control to ensure quality and alignment with the marketplace’s niche.
On the other hand, sellers get user-friendly individual dashboards to manage their products, orders, and profile info. A payment integration is also provided in the Admin and Seller dashboards to ensure timely and accurate payout on commissions and sales.
Benefits
Admins can onboard sellers and expand their product offerings without increasing inventory costs. This can help grow their brand by reaching a broader customer base. Additionally, it helps them earn through subscription fees and seller commission models.
There's little to no migration risk as you transition from a single store to a multi-vendor platform. You'll still have the existing store designs, customer base, SEO rankings, and Zoho integrations.
Admins can see a 40% reduction in overhead management with the help of a centralized dashboard. They can automate the seller onboarding process and seller commissions, and cut the need for the manual payout process.
There's no need for a time-consuming and expensive development process. You can launch a marketplace within days, saving significant amounts of money and 6-12 months of development time.
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