B2B Marketplace: How To Get Started.pdf
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A B2B marketplace is an online platform enabling businesses to sell goods and services to other businesses, with options for various marketplace models, including vertical and hybrid types. Building a B2B marketplace can be done from scratch or via customizable platforms, necessitating features like vendor management, scalability, and security. The document also highlights the benefits of B2B marketplaces, such as access to large markets, improved revenue, and streamlined management processes.
B2B Marketplace: How To Get Started.pdf
- 1. B2B Marketplace: How to get started
- 2. What is a B2B Marketplace? A B2B marketplace is an online marketplace website that offers a digital platform to merchants and businesses to sell their goods and services to other businesses E-merchants, Brands, Retailers, Wholesalers Businesses/ Brands B2B Marketplace
- 3. How does a B2B Marketplace work? Various distributors, wholesalers, dealers or other businesses can register on the B2B marketplace The Marketplace admin(s) take care of IT set up and other tech aspects Sellers/Businesses benefit from the high-volume traffic of the B2B marketplace and grow their reach and order volume Marketplace owners earn commission on every sale Marketplace owners also use brand positioning as an additional revenue source Clients or buyers on the B2B marketplace are assured of the quality of sellers by the marketplace brand 1 4 2 5 3 6
- 4. Benefits of building a B2B marketplace? Tap a huge and growing market without geographic limitations Boost revenue by reaching more sellers and buyers Reduce manual involvement with automated and centralized products and sales management Improve and enhance brand visibility through multiple digital channels Efficient management of dealer/seller networks across multiple levels Faster sales and order fulfilment cycles Cost-efficient at multiple levels like CapEx, staffing etc. Easy to create personalised buying journeys and offers for customers
- 5. What are the different types of B2B Marketplaces? Based on their business model B2B marketplaces can be categorized into the following categories:
- 6. Vertical or Niche B2B Online Marketplace A wholesale online marketplace for a single product category is categorized as a niche or vertical B2B online marketplace
- 7. Horizontal B2B Marketplace A horizontal B2B eCommerce marketplace sells an assortment of products from different industry verticals
- 8. B2B Service Marketplace A service-based B2B marketplace offers a digital platform for selling and buying services to different businesses or each other
- 9. Hybrid B2B Marketplace (B2B+D2C) A hybrid B2B online marketplace caters to other businesses and also sells directly to retail customers
- 10. How to build a B2B Marketplace? Two ways to build a B2B eCommerce marketplace: Build from scratch by hiring an IT team Go with the best B2B marketplace platforms Customizable turnkey online marketplace software help in launching the B2B marketplace in record time
- 11. Must-Have Features in a B2B Multi Vendor Marketplace Builder Complete vendor management solutions Easy customizations to build tailor-made solutions Separate dashboards for the vendors, admin(s) and delivery agents Inherent scalability to grow to any number of users, products, geographies etc. Next-generation technology to build the best B2B ecommerce platforms Host of B2B specific features like RFQ, differential/multi pricing, MOQ (Minimum Order Quantity) etc.
- 12. If you get all the above features in your marketplace solutions, go for it! Customizable themes to create different landing pages Inbuilt Android and iOS apps builder Seamless integrations with the chosen third-party software Multiple payment options Multi-level security Integrated logistics solutions to automate and streamline bulk order deliveries
- 13. Build your B2B Marketplace Website with StoreHippo Have a custom requirement? Want to build a disruptive B2B marketplace website model? Don’t wait to roll out your dream project right away!
- 14. Start your 14-days FREE Trial OR Book a Demo Email: reachus@hippoinnovations.com www.storehippo.com Offering feature-rich solutions for B2B+D2C Online Marketplaces