#emarketplace solution

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Top 6 Must-Have Features in E-marketplace!

What are the major features of the E-marketplace platform? There are many hidden processes you might not even know. But they are very important to your product functionality and appropriate work. So, before starting to develop an e-marketplace you must know the below feature details here…

 Voice and Visual Search:

 We are all very familiar with voice and visual search now, and the most important point is this is one of the latest features in all e-commerce, search engine and other online platforms. So, once you planned to create your e-marketplace means try to embed this voice and visual search feature in your software.

 Booking and Order Process (order management):

 This functionality is used to order products or services by the users and get information about the order by the publisher. And here developers need to add communication channels between users and publishers. So, this order management system helps to collaborate multiple users and publishers in a single point.

 Payment options:

 E-marketplace should have multiple payment option system like a credit card, debit card, cash, PayPal and EMI options and also this feature need to handle billing and invoice operations. We usually use these kinds of payment options in the e-marketplace to ensure that both user’s groups are conveniently using this.

 Custom Search and Navigation:

 The shoppers want to search marketplace listings exactly what they want or need. So based on their search need they want to find it quickly and execute the order process. The best marketplace design will be able to handle these kinds of custom search and navigation options to give a delightful feeling to the users.

 Manage Listings:

This is the must having featured in e-marketplace like sellers need to publish and manage their items. Manage listing is used by the publisher, with this they can publish, edit, view and unpublish their items.

 Reviews and Ratings:

This feature helps publishers and users to understand the market situation and the quality of the service. With this, both sides (publisher and shopper) can see the reviews and ratings but only users can write the review and ratings for particular products.

 Need more information about E-marketplace?

 Take a quick demo with CEBS Worldwide. We are one of the most familiar e-marketplace development company. All our developers have hands-on experience and have developed quite a few complete e-marketplace solutions with the latest features.

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Everything you need to know about E-marketplace!

An electronic marketplace and also known as e-marketplace is a website where one can find different brands of products coming from multiple vendors and showcase on a single platform. The marketplace owner only having responsibility for attracting peoples and handling all other transactions. E- Marketplace’s production process through one simple portal, where the manufacturers sell their products directly to the consumers, therefore avoiding the stock holding. This kind of supply chain management is usually referred to as the “Dropshipping” method. 

 Types of E-Marketplace

 Independent E-Marketplace

An Independent E-Marketplace is normally a business-to-business online stage worked by a third party that is available to buyers or dealers in a specific industry. By enrolling in an independent e-marketplace, you can access classified ads or requests for quotations or bids in your industry. There will typically be some payment required to participate.

 Buyer oriented e-marketplace:

A buyer-oriented e-marketplace is normally managed by a buyer in order to establish an efficient purchasing environment. If you are looking to buy anything, participating in this e-marketplace platform and can help you lower your administrative costs and helps to buy a product at the best price from suppliers. 

 Supplier oriented e-marketplace:

This marketplace is developed and operated by many numbers of suppliers who are waiting to establish an efficient sales channel via the internet to a large number of buyers. They are usually searchable by the specific product or service being offered. Suppliers can use these types of the marketplace to increase their visibility to potential buyers and to get more leads.

 Vertical and horizontal e-marketplace:

Vertical e-marketplace offers online access to businesses vertically u and down every portion of a particular industry such as automobile, construction, chemical and textiles. Buying and selling using a vertical e-marketplace for your industry can increase your flow efficiently and help to reduce supply chain costs and procurement cycle time.

 A horizontal e-marketplace is used to connect buyers and sellers across different industries. You can use a horizontal e-marketplace platform to buy indirect products like office equipment or stationery.

 Are you planning to create your own e-marketplace?

 CEBS Worldwide Pvt Ltd is here to help to run your business on an online platform.

 For more details contact us at any time!