Ecommerce marketplace platforms (or more appropriately) multi vendor marketplaces and platforms have taken the world by storm as it reaches a whopping 24 million sites globally. If you’ve shopped at All Black’s, Orange, Weber, Ghostbed, Singer, or even visited the online bookstore of Ripley’s Believe it or Not then you know what I’m talking about.
If you didn’t already know this, according to Oberlo you’re among the 2.05 Billion global buyers (25% of the world’s population). This is because the internet is becoming easier to access globally (about 45%) and having a physical presence of a shop is slowly fading away.
What Is a Multi Vendor Marketplace?
What’s essentially a multi vendor marketplace platform altogether? Take an ecommerce store, for example, it comprises products of a vendor and a shopping cart pertaining to those products. A Multi vendor marketplace is a large scale ecommerce store where multiple vendors can sell their products and services.
So what makes a good ecommerce marketplace platform or a multi vendor marketplace platform? I’ll help you save time searching for these multi vendor platform plugins and extensions. Before we start, you should be asking yourself the following questions when selecting a platform for your multi vendor store.
- Is it easy to register?
- Does it have an elastic search to cater to today’s consumer behavior?
- Is the process of adding reviews simple, quick, and device compatible?
- Is it easy to set up a payment mechanism?
- How many platform features actually fit your requirements?
When it comes to selecting an ecommerce platform, you’ll want to first zero-in on the platform. I’ll be providing a brief account of the following multi vendor ecommerce marketplaces for each platform.
- Dokan WooCommerce Plugin
- Mayosis WordPress Marketplace
- Yith WooCommerce Multi Vendor Extension
- Bagisto Multi Vendor Marketplace – Webkul
- Magento 2 Multi-vendor Marketplace – CedCommerce
- Magento 2 Marketplace Extension – LandofCoder
- Marketplace Multi Vendor Module for Magento 2 – Webkul
- Multiple Vendors Extension – Magenest
- Multi Vendor Marketplace Module – CMSMart
- Growcer Multi Vendor Grocery Marketplace
- Advanced Multi Vendor Marketplace Module – Webkul
- Multi Vendor Marketplace Module – Knowband
- Marketplace Pro Module – FME Modules
- Yo!Kart Multi Vendor Marketplace Platform
- CS-Cart Multi Vendor
- ZielCommerce – Enterprise Grade Marketplace Platform
List of Best Multi Vendor Marketplace Platforms
Using a multi vendor marketplaces is a great way to manage all aspects of the website. You can manage products, vendors, and commissions right from the dashboard without involving your developer or every minor adjustment. Now, let’s take at the best platforms for multi vendor ecommerce marketplaces in detail:
1. Dokan WooCommerce Plugin
- Basic: Free
- Starter: $149/Year
- Professional: $249/Year
- Business: $499/Year
- Enterprise: $999/Year
Dokan is a popular WooCommerce multi vendor plugin that’s optimized and ready to launch your online ecommerce store. It offers features like front-end and product dashboard. You also get the added advantage of having a vendor rating feedback system that’s similar to the style used by eBay.
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2. Mayosis WordPress Marketplace
- Free Trial
- Regular Plan: $67/Year
- Extended Plan: $1990/Year
If you’re looking to sell items such as arts, templates, music, ebooks, stock photographs/footage, themes, plugins, codes, or software this is a great place to start with. Mayosis WordPress marketplace helps create a unique user experience with the latitude to customize, organize, sell the products/services that are aligned with your business goal.
3. Yith WooCommerce Multi Vendor Extension
- Single site: $99.99/Year
- 6-site license: $299.99/Year
YITH WooCommerce multi vendor extension lets you elect a registered user to manage an online store. After doing that, vendors can sell their own products and edit their product inventory based on the permissions the admin sets. The extension is compatible with WordPress 5.3 and WooCommerce 3.8. Your vendors can also integrate their online stores in different languages (Dutch, English, Italian, and Spanish).
4. Bagisto Multi Vendor Marketplace – Webkul
Bagisto is among the multi vendor marketplaces that are powered by Laravel. It transforms a Bagisto store into a marketplace. Through a dedicated dashboard, your vendors can now create, update, and track their products and orders. As the admin, you can set global and individual seller commissions.
5. Magento 2 Multi-vendor Marketplace – CedCommerce
Pricing: $299 – $1600
Magento 2 multi-vendor marketplace solution by CedCommerce is a suitable option for entrepreneurs looking to build a multi-vendor online marketplace. This would enable the coming together of vendors on a common platform to market their products, showcase their vendor profile, manage orders from their dedicated vendor dashboard and view sales reports.
The multi Vendor marketplace solution for Magento offers a multitude of features for transforming your Magento ecommerce website into a workable and feature-rich multi vendor stores such as Amazon and eBay. With the help of various Magento multi vendor modules, vendors owning Magento 2 stores can create a website tailor-made to their specific business requirements.
6. Magento 2 Marketplace Extension – LandofCoder
- Single License: $299
- Standard License: +$249
- Premium License: +$899
- Agency License: +$2999
The Magento marketplace extension helps convert ecommerce stores into completely active multi vendor marketplaces. The marketplace extension is compatible with Magento 2.0 to 2.3, so you don’t have to worry about upgrading your Magento web app when using this extension.
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7. Marketplace Multi Vendor Module for Magento 2 – Webkul
This multi vendor Marketplace extension can convert your existing ecommerce store (on Magento 2) into a complete online shopping mall. You can add multiple vendors to this marketplace, and allow them to manage their inventory, shipments, and more. Each vendor has the option to add different types of products that can be shipped via FedEx, USPS, DHL, PayPal, Stripe, and Aramex. This marketplace extension is responsive, thus you can access your ecommerce store on any smart device with complete ease..
8. Multiple Vendors Extension – Magenest
Multiple Vendors Extension is a popular Magento 2 Multi Vendor ecommerce extension that offers many features. With this extension, you can manage vendors and their orders, set commissions, and even set up a question area where vendors can ask you questions about the marketplace.
9. Multi Vendor Marketplace Module – CMSMart
- From $799
If you want to manage your marketplace vendors effortlessly, Multivendor Module For Magento 2 from Cmsmart is the extension you should go for. You’ll get access to an intuitive admin panel that will allow you to auto-approve products, orders, and even allow vendors to up-sell their products. You can set different commission rates based on types of vendors.
10. Growcer Multi Vendor Grocery Marketplace
- One Time Fee: $4999
Growcer is a multi-vendor grocery marketplace solution that empowers individuals, SMBs, and large enterprises to start their hyperlocal multi-vendor grocery business in any part of the world. It can be customized according to your “Order to Cash” process. All the modules i.e admin, vendors, buyers, and delivery staff are equipped with the market and technology-oriented features. For a seamless ordering and delivery, the solution is also integrated with buyer and delivery staff apps.
11. Advanced Multi Vendor Marketplace Module – Webkul
Advance Multi Vendor Marketplace Module helps in automating the vendor registration process so your developer doesn’t have to create the form time and time again. You can also translate the page to multiple languages based on the support of this module and add custom CSS to personalize your marketplace. Managing multiple vendors at the same time becomes easier while you – as the admin – also have the freedom to enable and disable specific vendor’s commission.
12. Multi Vendor Marketplace Module – Knowband
With Knowband Multi Vendor Module you have the option to simplify the customer’s experience in creating a seller profile, adding privacy, set up shipping process, and adding a simple return policy. Furthermore, customers can post reviews of specific products so as to help sellers get recommendations. The best thing about this module is that customers of your marketplace get to see products of all your sellers in one place.
13. Marketplace Pro Module – FME Modules
If you want to have a powerful dashboard to monitor revenue in graphical form, Marketplace Pro Module is great to use. Also, you can set a minimum withdrawal amount for sellers, holding time for payments, and even set a percentage seller fee for orders.
14. Yo!Kart Multi Vendor Marketplace Platform
- GoQuick: $999 (lifetime ownership)
- GoCustom: $6,999 (lifetime ownership)
Yo!Kart is a dedicated multi-vendor platform to build the online ecommerce marketplaces. It is a license based turnkey solution that comes with a plethora of in-built features such as product catalog, separate vendor storefronts, multi-lingual, abandoned cart recovery, etc. Yo!Kart offers unmatchable UI/UX design to ensure your customer experience is flawless. The platform is completely customizable according to the needs of the business.
15. CS-Cart Multi Vendor
- Multi-vendor: $1,450
- Multi-vendor Plus: $3,500
- Multi-vendor Ultimate: $7,500
CS-Cart Multi Vendor is a multi vendor software platform that allows users to build multi seller ecommerce marketplaces in the same vein like Etsy and Amazon. It’s used by more than 1,300 malls around the globe, and it holds a top rating on Capterra. The company also offers you a 15 day free trial.
16. ZielCommerce – Enterprise Grade Marketplace Platform
- One time Cost Solution
ZielCommerce is a multi vendor software platform that allows users to build multi seller ecommerce marketplaces in the same vein like Etsy and Amazon. It’s used by more than 1,300 malls around the globe, and it holds a top rating on Capterra. The company also offers you a 15 day free trial.
Which Platforms or Multi vendor marketplaces are right for you?
You’re probably wondering what marketplace platform should you go for. With many choices available, it’s often difficult to decide which platform to opt for. We’ve listed different platforms with their respective features.
When it comes to WordPress, bloggers absolutely love the interface of this platform. The learning curve is easy and there’s a wide range of WordPress themes, plugins, and extensions available to choose from. WordPress is also widely supported by all the leading hosting service providers.
In the world of ecommerce, this platform is a becoming a popular favorite among business owners. The platform caters to stores that have high SKUs, through its simple and easy inventory management. Magento is also a fan-favorite because of its secure ecommerce platforms and easy compatibility with major hosting providers.
Whereas PHP is the scripting language on which many web apps like WordPress and Magento have been built. For people that want a more customized website, custom PHP scripts are a great place to explore. You’ll be able to integrate a wide variety of third-party services while retaining control of the web app.
Similar to Magento, PrestaShop is developed for ecommerce stores that have high traffic. It’s more lightweight, hence it takes up lesser server resources as compared to Magento. Extensions for this platform are easy to install and remain customizable.
I hope you enjoyed reading this article about multi vendor marketplaces and found the extensions useful. If you think we missed out on any of the extensions that are worth mentioning, feel free to drop them in the comments section and we’ll be sure to add them in our next round-up!
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