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Tag Archives: Multi Vendor

5 mistakes of startup are killing marketplace

5 mistakes of startup are killing marketplace

When starting anything, mistakes are inevitable, they give you a chance to learn and improve yourself. However, in marketplace, some mistakes are really costly and should be prevented immediately. Here are some suggestions for you: Poor risk management Let’s consider the cases of two giants: Airbnb and Uber When an Airbnb apartment teetered on the edge of being trashed, it …

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5 things you should consider before building marketplace (part 1)

Online marketplaces or multi-vendors are so hot recently. Let’s see the successful platform of Esty, Amazon or Fiverr, you will find that there is no limitation for this models, it is so flexible and can be applied to any area of business. However, with a lot of economic experts, this is just a beginning, the future for this model is …

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What is multi-vendor marketplace?

what is multi-vendor marketplace?

The dynamics of online shopping has changed the thinking of eCommerce entrepreneurs. Many of them agree that investing in the multi-vendor store will be better, more beneficial than just an e-commerce store to selling their own products and services only. Multi-vendor systems, which is also referred as online marketplaces quickly becomes a great deal for any business owners because this …

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The role of marketplace in the success of online business

The role of multi-vendor in the success of online business

Multi-vendor or online marketplace is not an old business model, it has appeared about several recent years. However, from that first appearance, some giants such as Amazon, Sears and Walmart has recognized the potential of this new business model, they quickly changed their strategies by adding marketplace to their operations and now, you can see how they succeed with this …

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