Top 20 Multi-vendor eCommerce Marketplace Platforms to Start Online Business in 2024

Last Updated: 25th July, 2024

According to Nasdaq, by 2040, 95% of all retail will take place online. However, going by the current market trend―this could occur even sooner. Especially since consumers are increasingly exploring online options for their needs. To accommodate this shift, retailers see the value of digital sales channels as integral to their sales strategy. In this changing retail landscape, eCommerce marketplaces are playing a key role. You must have observed eCommerce marketplace startups turn unicorns in the blink of an eye. 

That said, if you have your idea of the next big eCommerce startup, getting off to a start can be perplexing. How do you launch your eCommerce business? Even if you are aware that multivendor marketplace platforms can make it easy to get started, the sheer number of options available can lead to choice paralysis. 

Any business decision requires you to carefully understand the impact drivers, and gather pivotal information around it. Read this article to know just that ― what are the reasons for the popularity of best eCommerce platforms, and which one will suit your business requirements better?  So, let’s learn all about the top multivendor marketplace platforms, that will help you to make the most important decision for your online business―laying the foundation.

What is a Multi vendor eCommerce Marketplace Platform? 

Think of an eCommerce website like Amazon. There are multiple vendors on the website, who have listed a range of products for sale. Consumers sign up, choose the products, and complete the checkout by completing the transaction.  

Here, Amazon has set up the infrastructure and provides all backend support like fulfillment, administration on the marketplace, maintenance, and similar support services. Amazon is a multi vendor marketplace i.e. an eCommerce website with multiple vendors. 

If you want to launch a website similar to Amazon, a multi-vendor marketplace platform can let you do that.  These solutions allow you to launch a website like Amazon or eBay. 

What do you need to know before choosing the best platform

There are many types of multi-vendor eCommerce marketplace platforms. Fundamentally, all are designed to launch a multi vendor marketplace, but these vary significantly. First, to understand the difference, let’s focus on the parameters that lead to the variation. Each of these parameters leads to two variables. 

Parameter	Variable 1	Variable 2
Hosting	SaaS/Hosted: Platforms that are hosted on the server by the provider. Offered as rental solutions without ownership	License/Self-hosted: Platforms provided as standalone installable solutions. Typically comes with a license for long-term use.
Multivendor support	Some online store solutions offer multivendor support via extension apps	Some platforms are purpose-built to offer multivendor support out of the box
Default Features	Majority of eCommerce platforms do not offer all features right from the base plan	Some eCommerce platforms offer all advertised features right from the base plan.
UI/UX	Complex and requires higher man hours for use and maintenance	Intuitive and user-friendly for efficiency and higher user satisfaction.
Pricing model	Some platforms come with recurring charges	Some platforms can come with a one-time cost
Traffic Restriction / Capacity	Platforms can be built with restrictions to scale while some may not have robust technology to scale	Some eCommerce platforms are both robust and unrestricted, allowing you to scale your business.
Availability of Mobile Apps	Only Web-app available: compromising your business reach	Both web apps and native mobile apps are available.
Customization Support	Customization requirements are met by external teams	In-house customization support is available

Typically, eCommerce multivendor platforms are offered in a combination of any of the above variables. Similarly, the next important consideration is the operative environment for the participants of your business i.e. the marketplace operator, vendors, and buyers. These are some important functionalities for you to consider: 

Let’s read about the list of the best multivendor eCommerce platforms below: 

Top 20 Best Multi-vendor Marketplace eCommerce Platforms 

To help you build a future-proof multi-vendor marketplace, we have listed the 20 best multivendor eCommerce platforms. We reviewed these platforms based on their in-built feature list, trusted clientele, pricing, and rating on popular review sites (like G2, Capterra, & GoodFirms).

1. YoKart: Self-Hosted Multi vendor Marketplace Platform

Introduction to Yo!Kart

YoKart is a leading multi-vendor eCommerce marketplace platform in the industry. It is a powerful self-hosted platform that offers multivendor functionalities right out of the box. Launched in 2015, it has powered 5500+ eCommerce businesses in 70+ countries. YoKart has a rich list of in-built functionalities. Moreover, Yo!Kart also comes with multiple pre-integrated business APIs. 

Yo!Kart has been designed to give each participant tailored capabilities to operate. For instance, It has dedicated user panels for the Admin, sellers, customers, affiliates, and advertisers.  Sellers can build independent microsites and more. Furthermore, the Yo!Kart is offered with native mobile apps for both iOS and Android. 

Notably, in Yo!Kart’s case, there are exclusive multi vendor marketplace for business model use cases. While Yo!Kart is best suited for B2C/C2C use case. There is Yo!Kart B2B for B2B marketplaces. It offers B2B-specific functionalities like Request for Quote, bulk price discounts, part payment options, and more.

Key Highlights:

• Global product catalog System
• Single-page workflows and logic-driven UI for efficient operations management 
• Order inventory management and customizable shipping management
• Progressive Web Apps (PWA) Compliance
• Supports global operations with robust scalable engine, Multilingual and Multi-currency
• Multiple payment gateway integrations including Stripe Connect for real-time split payment
• Multiple Payment methods (Payment gateways, e-Wallets, BOPIS, COD, and more)
• Abandoned Cart Management
• PCI-DSS and GDPR compliant 
• Sell Digital and Physical products 
• Result-oriented marketing features like Affiliate modules, Discount coupons, and more.
• Lifetime license and source code ownership
• Up to 1-year free technical support

YoKart Clients: 

YoKart has more than 5000 clients in 70+ countries. These include SMBs and some Fortune 500 companies. The diverse Yo!Kart portfolio includes the world’s first diamond trading platform – UNI Diamonds, healthcare marketplace Procurenet by Gurbaksh Chahal, unique travel platform – Voyij, digital products marketplaces like Regake, Americas’ B2B platform Bozinga, and many more.

Ratings from authoritative sources: 

Capterra: 4.2/5

GoodFirms: 4.8/5

G2: 4.6/5 

Client reviews summary: 

While most clients have appreciated YoKart for its extensive customizability, UI/UX, outstanding technical support, and affordable packages. The only real complaints are there for limited themes and time required to learn the system.

YoKart Pricing:

Prices start at: $499/lifetime use

Pricing details: All YoKart versions are available for a lifetime of use by acquiring the License. The license is part of bundled packages, which are available for a fixed, one-time price. The pricing for YoKart packages starts at $499 for Yo!Kart B2C and $1499 for YoKart B2B respectively. All the packages are self-hosted and include free installation, zero transaction fees, and complete source code ownership. They have been curated to cater to varying business needs. 

Who should buy YoKart?

YoKart is a white-label multi-vendor eCommerce marketplace platform ideal for businesses who want:

• An intuitive user-interface with a satisfying user-experience.
• Complete control over e-commerce marketplace operations.
• Flexibility to easily modify or accommodate new changes in the marketplace.
• An extensive feature-rich multivendor ecommerce solution just under their budget.
• Support from a team that offers full support from the design development to the marketing stage.

2. Yo!Rent – Multi-vendor eCommerce Marketplace Software

Introduction to Yo!Rent

Yo!Rent is a multivendor rental e-commerce marketplace platform built to provide entrepreneurs to start an eCommerce business that offers retail operations along with rental. Yo!Rent is also fully scalable and comes with multilingual & multi-currency functionality. In terms of business scalability, Yo!Rent has unlimited listings, transactions, and user profiles.

Yo!Rent also offers industry-specific designs for businesses to purpose-build contemporary rental eCommerce marketplaces. These designs come with niche-specific features and functionality.

Lastly, Yo!Rent is fully customizable to support features as per business needs and preferences.

Key Highlights: 

• Inventory management for real-time inventory automation
• Order management for after-sales business process management
• Request for Quote (RFQ) management for price negotiation and handling complex orders
• Returns and cancellations management for a high customer satisfaction rate
• Product comparison for decision-making and improving customer experience
• Discount coupon management for introducing new discounts and setting up a reward points system
• Sales add-ons for upselling complementary goods and services
• Multi-currency and multilingual support
• 20+ payment gateways supporting cross-border operations
• One year of free technical support

Yo!Rent Clients:

Yo!Rent has assisted numerous entrepreneurs across the globe in launching resilient eCommerce marketplaces. For example, its client GearFlow, a heavy equipment platform was able to raise $1 million in seed funding. Aloklub, Spain’s first online sports equipment rental marketplace was also developed by Yo!Rent. Some other renowned clients of Yo!Rent are StageWing, Diamonds Ledger, You-Trade, Foets, MUQAWILt, and more. 

Ratings from authoritative sources:

G2: 4.6/5

SoundForge: 5.0/5

Comaparecamp: 81%

Client reviews summary: 

Clients recommend Yo!Rent for its exceptional after-sales service, user-friendly dashboard, and wide range of features. Some clients have shared in online reviews that the software has a steep learning curve.

Yo!Rent Pricing: 

Currently, Yo!Rent’s pricing is only available on a quotation basis. Interested entrepreneurs can get in touch with Yo!Rent’s official team to get their quote. 

3. Growcer: Self Hosted Hyperlocal Multi-vendor Platform

Introduction to Growcer

Growcer is a robust on-demand multi-vendor platform to start a hyperlocal marketplace. A hyperlocal marketplace, is a business that confines its delivery within a localised geographical region. For instance an online grocery delivery business, delivering within a city. Growcer is a readymade solution that comes with all essential eCommerce  features, such as a product catalog system, commission management, tax management, order tracking, click-and-collect, PWA, and more. Moreover, it is a customizable and scalable solution to start e-pharmacy, liquor, dairy products, pet food, board games, and a variety of other hyperlocal online marketplaces.

Key Highlights: 

• Readymade buyer & delivery apps
• Fully customizable platform to build a personalized grocery marketplace
• Individual vendor storefronts, easily personalized
• Separate dashboards for admin and sellers
• Streamlined delivery management system
• Multiple revenue models for the admin
• Free 12-months technical support and more

Growcer Clients:

Growcer has marked a significant position in the list of best multi-vendor software trusted by 200+ clients worldwide in such a short duration. The clientele comprises ShopExpres, Superkiwi, Tap Retail, and many more. It is ideal for entrepreneurs as well as enterprises to start online grocery & other hyperlocal marketplaces.

Ratings from authoritative sources:

G2: 4.4/5

Capterra: 5/5

Summary of client reviews 

Clients appreciate Growcer for its easy third-party integrations, extensive customizability, and affordable packages.  The only real complaint is that first-time users need to invest time to learn the system.

Growcer Pricing:

Starts at: $999/Lifetime use

Pricing details: Growcer offers one-time license fee with no transaction charges or recurring fees of any kind. Also, you get source code ownership, free installation, and 12-months of free technical support. Growcer has readymade buyer and delivery staff apps for iOS and Android platforms.

4. CS-Cart: Self Hosted Multi vendor

Introduction to CS-Cart

CS-Cart is a widely used multi-vendor eCommerce software to build an online marketplace. It is self-hosted and comes with some important features, such as a vendor payout system, an advanced order management system, multiple storefronts, and more. However, some of these features are not available in the lower-priced packages of the solution. Moreover, many of these are available via paid extensions. CS-Cart is self-hosted and licensed-based, however, the license requires a yearly renewal. So effectively, there are recurring license costs levied for the owners. 

There is an app store where you can find and integrate several add-on modules and integrations such as Facebook Conversion API, Live currency converter, advanced Mailchimp, and others. These can come with additional costs, depending on the package you opt for.

Key Highlights: 

• Real-time shipping rate estimates
• Regular updates and enhancements
• Secure self-hosted solution with GDPR compliance
• Multi-store management
• Customizable vendor storefronts
• Advanced admin and seller panel
• Configurable vendor monthly subscription plans
• 45 days free technical support

CS-Cart Clients:

CS-Cart claims that more than 1,300 online marketplaces globally, run on CS-Cart multi-vendor ecommerce marketplace solution. ShopClues is one of the renowned clients they have. However, some of these clients like ShopClues have since migrated from CS-Cart to better multivendor platforms. 

Ratings from authoritative sources: 

Capterra: 4.7/5

G2: 4.8/5

Client reviews’ summary: 

Clients have praised CS-Cart for its third-party tools. But, there have been regular complaints about the limited and paid tech support. User experience is proven to be poor with low add-ons quality. Also, the license pricing is expensive and bulk import capability is clunky.

CS-Cart Pricing:

Starts at: $1250/year (recurring)

Pricing details: There are mobile apps for iOS and Android platforms, although these apps are only available for multi-vendor plus (at $3150/year) and multi-vendor ultimate edition (at $6950/year) albeit at a much higher price than what you’ll get for competitors like YoKart, and others.

5. Convictional – Self-hosted online commerce Platform

Introduction to Convictional 

Convictional is a versatile eCommerce marketplace platform that supports both marketplace program as well as a dropshipping program that adds to the versatility for the eCommerce business. The dropshipping program is done by allowing the sellers to integrate their online stores based on Shopify, Magento, WooCommerce, and BigCommerce ― to the Convictional powered online marketplace. Moreover, Convictional also features automated workflows in multiple instances that makes easier to manage the eCommerce marketplace website for the operators. 

Sellers on Convictional powered eCommerce marketplaces get features like inventory management, automated vendor payouts, and more. This further helps in vendor satisfaction and foster vendor relationships with the online marketplace business stakeholders. 

Key Highlights 

• Ease of Use.
• Supports dropshipping operations. 
• Inventory management for sellers. 
• Automated merchandising allowing sellers ease of product listings. 
• Robust system that allows integration with many APIs   

Ratings from authoritative sources:

Capterra 4.8/5

Summary of Client Reviews: 

Convictional clients report that the system is easy to use and has quite several features. Moreover the available integrations and automation makes it easier to build eCommerce marketplaces 

However, the clients also point out to the costs of the platform, shipping has complexities and certain features missing, also there are reports and analytics in the system.   

Convictional Marketplace Pricing

Convictonal is offered in 2-tiered pricing models: 

The base plan Growth is priced at $2000/ per month + 1% of the sales (billed monthly) 

The Platform plan has not been revealed, and it will depend on the business requirements.   

6. Shuup: Open Source Multi-vendor Ecommerce Marketplace Platform

Introduction to Shuup

Shuup is a customizable self-hosted multivendor marketplace software to start an online marketplace. Entrepreneurs can request for a price of the source code. Once they own the source code, they can hire developers to build on the code to finalize their online marketplace. The multi-vendor eCommerce platform comes with features like data migration, cross-selling, tax management, inventory tracking system, order management, and more. It has a centralized dashboard for the admin to manage product listings, shipping methods, check sales reports, and more.

Key Highlights: 

• Built-in layout editor to customize the feel and look of the marketplace
• Fully responsive design for consistent user experience (UX) across all devices
• Complete content management system (CMS)
• Freedom to personalize individual vendor storefronts
• Easy to Customize as per business requirements
• Built-in Paypal and Stripe payment gateways 
• Open-source API to integrate third-party payment processors freely

Shuup Clients:

Since its inception in 2014, Shuup has delivered niche-specific marketplaces like pharmacy retailer network, B2B workwear marketplace, Gaming hardware marketplace, and more for clients around the world. However, the company has not mentioned how many clients are using the software. 

Ratings from authoritative sources:

Capterra: 3.8/5

G2: 2.8/5 

Client’s reviews: 

Clients appreciate the platform for its extreme flexibility, custom integrations, and support.

But, there are often complaints as well regarding the difficulty of the platform usage, issues with generating coupons, and frequent bugs. Furthermore, an additional fee is charged to get another language plus the translations are cumbersome.

Shuup Pricing:

Starts at: $299/month (recurring)

Pricing details: Unlike YoKart or Cs-Cart, Shuup has higher pricing & works on monthly billing model. It comes in two distinct pricing packages – $299/month for the SaaS license and $1499/month for a self-hosted license. Although native mobile apps can be developed with Shuup’s open source license, there are no ready-to-use mobile apps available.

7. Sharetribe: Best SaaS Multi-vendor Software

Introduction to Sharetribe

Sharetribe is a SaaS based solution. It is one of the best SaaS multivendor- software. Sharetribe is cloud-based solution designed to build multi-vendor marketplaces with ease i.e. It is a hosted marketplace solution with a subscription-based model for businesses to start their multi-vendor store. Sharetribe has a use as a grow business model. You can start small with the default solution, however, if needed customization support is also there. 

Key Highlights: 

• In-built product catalog management system
• Payment system with support for over 25 currencies and 200+ countries
• Fully responsive to all devices and screen size
• Individual profiles for users (buyers and sellers)
• Social sign up for users
• SEO tool to optimize your marketplace
• Powerful customization tools to scale your business

Sharetribe Clients:

Sharetribe is powering around 1,100 marketplaces in 70+ countries since 2011. It is an excellent solution for small to medium-sized businesses.

Ratings from authoritative sources:

Capterra: 4.4/5

G2: 4.7/5 

Summary of Client reviews: 

Sharetribe is an easy-to-use platform, it is customizable using front-end development, and offers excellent customer support according to client reviews.

There are a few complaints as well, like a lack of ready-to-use APIs, limited marketing features, and only two payment gateways (Stripe and PayPal). The design features for enhancing the platform’s aesthetic appeal are limited with extra charges for landing page customization.

Sharetribe Pricing:

Starts: $29/month (Test Mode price)

Pricing details: Sharetribe Go comes with 4 recurring packages: Build at $29/month, Lite at $99/month, Pro at $199/month, and Extend at $299/month. All packages include unlimited traffic, marketplace listings, and transactions. Currently, Sharetribe does not offer iOS, Android, or any other mobile apps. However, the $29/month plan runs on test mode only. 

8. Magento Multi-vendor Marketplace Extension Solution by CedCommerce

Introduction to Magento 

Magento 2 Multi-Vendor Marketplace solution by CedCommerce is a one-stop solution for aspiring entrepreneurs to build a multi-vendor marketplace website. 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 one of the best eCommerce marketplace platform. With the help of this Magento multi-vendor solution, vendors owning Magento 2 stores can create a website tailor-made to their specific business requirements.

Key Highlights: 

• Facilitating Online B2B and B2C marketplace: Create Magento 2 multi-vendor marketplace for B2B and/or B2C needs, which enable businesses to be both sellers and customers.
• Leveraging Mobile Commerce: Your Magento 2 multi-vendor marketplace will be mobile-friendly. 
• Local Courier Support: Magento 2 marketplaces built to support well-known courier services like FedEx, Aramex, UPS, etc.
• Offers PWA marketplace.
• Support multiple Payment Methods: Extend payment alternatives on your Magento 2 marketplace with support for services like PayPal adaptive, Stripe connect, PayPal marketplace, etc.

CedCommerce Clients:

CedCommerce Magento marketplace solution is a reliable multi-vendor eCommerce platform with clients across the globe. Antikolis, MyMall, Rack Tribe, Purple Box, Vajor, Wafi Apps, Univar Solution, Oneagrix, Expressgrass are some examples.

Ratings from authoritative sources:

Trustpilot: 4.7/5*

G2: 4.5/5*

*These ratings are for CedCommerce eCommerce services as a whole.

Summary of Client Reviews 

Support, custom development, upgrades, and integrations are charged an extra fee. Further, it requires coding skills to use the complex software equipped with 20,000 files.

CedCommerce Pricing:

Starts $60 

Pricing details: Pricing for CedCommerce Magento marketplace extension comes in 3-tier pricing strategy for solutions ranging from $60 (Basic) – $1600 (Advanced). Additional Enterprise/Commerce editions are available over and above these packages ranging $100 – $1000, depending upon the chosen solution. The features depend upon the package chosen starting with basic features in the basic plan. 

9. Kreezalid – SaaS Multi-vendor Platform

Introduction to Kreezalid

Kreezalid is a SaaS multi-vendor platform. It offers multi vendor functionality by default. The solution is integrated with some important eCommerce features to enable business owners to quickly scale their online marketplace. Kreezalid is intuitively designed, mobile-friendly, and has a plugins library to integrate new functionalities streamlining the entire marketplace operations.

Key Highlights: 

• An official partner of Stripe Connect and Mangopay – two in-built payment gateway integrations.
• Streamlined tax management and shipping module management.
• An app store to find and add new features, services, and plugins to the marketplace.
• In-built SEO and digital marketing tools to increase search engine visibility.
• Integrated analytics system and quick access to Google Analytics.
• Kreezalid is available in English, Spanish, French, and Danish languages.
• In-built modules for user management and listing management.

Kreezalid Clients:

Kreezalid is a reliable multi-vendor e-commerce platform with clients across the globe. The solution is ideal for startups as well as enterprises.

Ratings from authoritative sources::

Capterra: 4.3/5

G2: 1.8/5

Summary of client reviews :

Kreezalid offers an intuitive user interface, an engaging admin panel, and allows selling digital products – as shared in the client reviews.

But, the multi-vendor eCommerce software lacks UI/UX and essential features/integrations. Also, the clients highlighted the limited personalization options, payment gateway choices, and lack of customer support.

Kreezalid Pricing:

Starts at: €99/Monthly 

Pricing details: The pricing for Kreezalid is a 4 tiered offering with Basic €99 Starter€129 Scale €199 Advanced €299. All of these prices are on a per-month basis. And like in the case of most SaaS platforms, the features available in these packages vary, and affordable packages have fewer features.  Also, there is premium support from the Kreezalid team at an additional $95/month. There are no ready-made mobile apps by Kreezalid.

10. Arcadier – SaaS Multi-vendor Platform

Introduction to Arcadier

Arcadier is a SaaS-based eCommerce multi-vendor platform. The solution is integrated with APIs to allow business owners to achieve more. Arcadier is well-designed and refined, making it one of the best eCommerce marketplace platforms. The recurring payment cycle tenure can be customized as per suitability.  The solution has a plugin library to integrate new functionalities.  

Key Highlights: 

• Third-party integrations 
• Private marketplace ― choose to set approval for sellers or buyers 
• Custom Javascript code enabled 
• Built-in Analytics support 
• Mobile responsive design 
• Custom Domain can be applied for. 
• In-built modules for user management and listing management.

Arcadier Clients:

Arcadier is a reliable eCommerce solution with clients across 180 countries Some of these are Kinley, PlatformXChain, Snapsquad, and more.

Ratings from authoritative sources:

Capterra: 2.8/5

Trustpilot: 2.9/5

Summary of client reviews:

According to the reviews, Arcadier offers a customizable marketplace with good features. But, client reviews also reveal that customizing the marketplace can be difficult. The additional features are available at an additional cost. In-built templates are ineffective when complex customizations are required. 

Arcadier Pricing:

Arcadier pricing is not available on its official communication channels. 

11. X-Cart Marketplace – eCommerce platform for Self-hosted marketplaces 

Introduction to X-Cart

X-Cart is a self-hosted multi-vendor platform that is also open-source. The solution is customizable and businesses can tailor their launch. Also, if the solution fits the bill for a business, it can be a good long-term choice. 

But, being open-source―customizations, after-sales, and other essential services need to be managed by the business and which leads to extra development costs. 

Key Highlights 

• Responsive design―the website can be accessed on multiple screen sizes
• Digital products can also be offered alongside physical products 
• Customizable and good integration support
• Cloud search also possible 
• Real-time shipping prices 
• Marketing Features 

X-Cart Marketplace Clients:

X-Cart has clients across the globe, some of which are Trademark Hardware, Mysterious secrets, and KB Authority.  

Ratings from authoritative sources:

It has a rating of 4.2. X-Cart clients are satisfied with X-Cart’s support for plugins, ease of use, and options for self-hosting.

But, many clients reported a lack of reporting and analytics and unstable updates in the past. Moreover, the clients highlighted the drawbacks like the lack of support for payment gateways like Mpesa and high customization and after-sales charges. 

X-Cart Marketplace Pricing:

Starts at $199/month. 

12. OroMarketplace – eCommerce platform for B2B marketplaces

Introduction to OroMarketplace 

OroMarketplace is an eCommerce marketplace platform for websites working on a B2B business model. It offers such businesses key inclusions that cater to their specific needs. Moreover, OroMarketplace is built to allow integration with legacy enterprise systems. It also offers a robust built-in CRM that leverages the company’s pedigree in building such solutions.

Key Highlights

• In-built CRM
• Inventory tracking support
• Workflow Engine
• Compatible with B2B and B2C business models
• Scalable API
• Supports multiple revenue channels

Ratings from authoritative sources:

G2: 4.3/5

Summary or client reviews: 

The client reviews for OroMarketplace suggest that software allows greater control over sales and customer service. The drawback is that the price can be high and the complicated system is tedious to learn.

OroMarketplace Pricing 

The pricing for the eCommerce marketplace software is available on Quote.

13. Mirakl – SaaS eCommerce platform for enterprises 

Introduction to Mirakl 

Mirakl is a flexible SaaS multi vendor marketplace software that can power eCommerce platforms that can power either a B2C or a B2B eCommerce business. The solution is offered by a company based in France. It is one of the best eCommerce marketplace platforms but it is positioned more towards enterprises.

The system however lacks key capabilities to sell digital downloadable products.

Key Highlights

• Advanced product recommendation engine
• Robust Security features
• API first system for seamless integration
• Supports multiple revenue channels
• Intuitive Marketing features
• Comprehensive support and training

Ratings from authoritative sources:

G2: 4.2/5

Summary of Client Reviews: 

The client reviews for Mirakl suggest that prices tend to be high, but the eCommerce marketplace solution offers good features for that price. For Enterprises, what they get for that price is favorable. The drawback is that some of the integrations are missing, there is very limited support for digital products, and there is no version available for SMBs.

Mirakl Pricing 

The pricing for Mirakl is available on quote.

14. Nautical Commerce – Multi-Vendor eCommerce platform 

Introduction to Nautical 

Nautical is also an eCommerce marketplace software that is a native multivendor platform. It is self hosted so it allows entrepreneurs the freedom to choose a server of their choice. The platform supports building B2B eCommerce marketplaces out of the box. The solution is tailored mostly for bigger businesses and enterprise clients. 

Marketplace operators of Nautical-powered websites can give the vendor good features. They can sign up on the website and maintain their independent storefront on the website.  There is also import/export feature that allows them to upload their catalog data onto their storefronts. 

Key Highlights

• Built for B2B eCommerce business model.  
• Individual Vendor Storefronts for the sellers. 
• Supports dropshipping and multivendor operations. 
• Multi vendor checkout for the buyers. 
• Payment gateways like Paypal, Stripe, and others can be integrated. 
• Good Customer support. 

Ratings from authoritative sources:

Capterra: 4.8/5

Summary of Client Reviews: 

Clients of Nautical point out to the availability of B2B-specfic features that the eCommerce marketplace platform offers. They also mention good customer support from the after sales Nautical team. 

However, the clients also mention that Nautical is new to the eCommece platform industry. So the software offers a new look. Moreover, the lack of native integrations in Nautical. 

Pricing 

The pricing for Nautical is available on quote.

15. VTEX – eCommerce marketplace platform for elite enterprises 

Introduction to VTEX 

VTEX is a digital eCommerce platform offering dedicated solutions for B2C and B2B operations. The platform has been built for businesses that have high-scale requirements. It has catered to large-scale enterprises. One of its clients is Walmart. VTEX developed eCommerce operations for Walmart in Brazil. The solution has features to manage online sales efficiently for the marketplace operator, streamline eCommerce operations, and enhance customer experience on the website. 

VTEX eCommerce platform also offers integration of the eCommerce website with other order management solutions that allows the business owners to stay flexible. 

Key Highlights

•  Seamless checkout experience for the buyers on the website. 
• Sellers get efficient product listing functionality with product catalog feature in the system. 
• The Admin dashboard displays buyer and seller information that assist in effective marketing for the business. 
• Capability to add Buy button across buyer touchpoints such as messengers, voice assistants, kiosks, and more. 

Ratings from authoritative sources:

Capterra: 4.7/5

Summary of Client Reviews: 

VTEX clients indicate the the eCommerce platform is intuitive and easy to use. Everything is available within cognitive reac, adding to both user experience and operational efficiency. 

However the clients of VTEX have reported unreliable technical support, which can at times take even weeks to respond to urgent SOS requests. 

Pricing 

The pricing for VTEX is available on quote as it works with large scale businesses and elite enterprises. 

16. Marketplacer – Platform for Enterprises 

Introduction to Marketplacer 

Marketplacer is also one of the best multivendor marketplace software a platform that is built exclusively for enterprises. They have clients in 10+ countries. Their business offering is based on a scalable solution that can be used to extend business. 

Marketplacer goes beyond just providing a solution and also offers other related services to its clients. Moreover, they also offer linking services to sellers of marketplaces

Key Highlights

• Sync inventory with Mconnect 
• Manage sellers efficiently
• Data Encryption
• Dropshipping Services    
• Lead Generation Engine   
• Supports multiple third-party integrations  

Marketplacer Clients:

Some of Multimerch’s clients are Woolworth, Optus, Myers, and more. 

Ratings from authoritative sources:

Capterra: 4.9 

G2: 4.8 

Summary of Client Reviews: 

The client reviews for Marketplacer suggest good customizable options with result-oriented features, good performance, and good customer support. The drawback is that UX writing is specific to Australia and can be ambiguous to American usage.  

Marketplacer Pricing

The pricing for the solution has not been revealed on the company’s official website or popular third-party sources.  

17. ZielCommerce marketplace solution – Self-hosted Multi-vendor Platform

Introduction to ZielCommerce

One of the best multivendor marketplace software, ZielCommerce is a flexible eCommerce platform that allows entrepreneurs to create a marketplace for B2C, C2C, and B2B business models. The marketplaces developed are secure, payment-ready, and tailored to the business requirements. 

ZielCommerce has features to manage most eCommerce operations such as shipping, inventory management, payments, and more.  

Key Highlights

• Product Catalog Management
• Multiple revenue streams supported 
• Vendor Management 
• Affiliate Module   
• Responsive Design 
• Flexible payment terms 

ZielCommerce multivendor Clients:

Some of Zielcommmerce multivendor’s global clients are Frampo, Briovita, Sprokkets, and more. 

Ratings from authoritative sources:

G2: 4.2

Summary of Client Reviews: 

Client reviews suggest the presence of independent Admin panel as easy to use and efficient.

According to the clients, the drawback is the lack of payment gateway customization. They suggest that the solution may fall short of expectations of large enterprises. 

ZielCommerce multivendor pricing 

ZielCommerce multivendor pricing is subjective to the needs and is available after requesting for Qoute.  

18. IXXO Multivendor – Self-hosted Platform for multi vendor operations by IXXO

Introduction to IXXO

IXXO is another standalone marketplace platform that comes with a decent set of features. Although the team also provides a multivendor extension/plugin for WordPress, the standalone solution is an entirely different product.

IXXO develops its products after research into the industry requirements. This benefit is with the business owners, who get a feature-rich solution.  

Key Highlights

• Ease of Use 
• 24X7 Support  
• Shipping management 
• Built-In blogging module  
• SEO features 
• Marketing features 

IXOXO multivendor Clients:

Some of IXOXO multivendor’s clients are Snakeguides, Cascadiaworkshop, Brainpad, and more. 

Ratings from authoritative sources:

G2: 4.1/5

Summary of Client Reviews: 

IXOXO multivendor client reviews suggest that it has good number of features. Moreover, the Admin panel is easy to use.

The drawback is the lack of documentation and insufficient sales channels. Further, the clients highlighted the poor after-sales customer service.

IXOXO multivendor Pricing 

IXOXO multivendor pricing starts at a one-time fee of $1495 for the Classic pack, $2795 for Business, while Enterprise pack is RFQ.

19. Apurple – eCommerce solutions

Introduction to Apurple 

Apurple offers businesses multiple solutions that cater to many niches within the eCommerce industry. With clone scripts of multivendor marketplace software, you will be able to build your marketplace similar to the popular market players the script is based upon. 

Apurple adopts a popularly implemented technology stack for its products. This can render robustness to the solutions. 

Key Highlights 

• Multi-level Admin access 
• Sellers and customer management 
• Dedicated dashboards 
• Push Notifications 
• SEO optimized site  
• Payout Preference 

Ratings from authoritative sources:

G2: 4.1/5

Summary of Client Reviews: 

The client reviews for Marketplacer suggest easy-to-use software with a clean interface.

Clients however suggest that the drawback is the software and its services are somewhat slow in performance. Further, the basic pricing is quite expensive and no dedicated support is offered.  

Apurple pricing 

The pricing for Apurple platforms varies for each solution, and is available via request for quote option. 

20. Vendo – eCommerce Platform for Self-Hosted marketplaces 

Introduction to Vendo

Vendo is a customizable eCommerce platform that can be self-hosted on a server of your choice. It is a turnkey solution and can be used to launch a multi vendor marketplace i.e. it does not need any extension. It also allows you to connect your Shopify and/or WooCommerce stores. 

Vendo has the same eCommerce platform for both B2B and B2C use. It also comes with some key features that can help you get started with an MVP marketplace. 

Key Highlights  

• Multi-vendor support by default. 
• Supports automated orders. 
• Merchandising and promotional tools​.
• Inventory management available.
• Order management support 
• Allows payment gateway integration.  

Ratings from authoritative sources:

Not available 

Summary of client reviews

The client reviews for Vendo suggest an easy-to-use software. The drawback is that price can be high and steep learning curve. 

Vendo Pricing 

Vendo pricing has not been declared on its official website.

Wrapping up

The eCommerce ecosystem is turning a new chapter with an increasing number of multivendor marketplace startups giving consumers more options to shop online. If you are planning to encash on this trend, you will need a robust foundation. The marketplace itself will be pivotal to the success of the online business.  

This comprehensive list of top 20 multi vendor eCommerce marketplace platforms, can be your guide to select the best eCommerce software for your online business. You can prioritize a platform that gives you all features from day 1 of your business, while keeping your investment requirements lower. Moreover, long-term lower overheads can be crucial in establishing a competitive advantage in the market, where the difference between successful venture and one that does not make it big, can be minutest of profit margins.  

Multi-vendor eCommerce Marketplace FAQs

Q1.: Why are multi vendor eCommerce marketplaces more successful?

E-Commerce marketplaces with multiple vendors have always been more successful due to their extensive variety of products, instant access to a large audience (for sellers), and more revenue generation/growth opportunities for the business owner. It is a lucrative business model for entrepreneurs and enterprises looking for substantial growth.

Q2.: How do I build a multi vendor marketplace swiftly?

To build your multi-vendor website quickly, start by identifying a reliable multi-vendor eCommerce marketplace platform that fulfills your business requirements. Turnkey Multi-vendor eCommerce solutions deliver a ready-to-launch online marketplace, saving both time and money.

Q3.: What features does a Multi-vendor eCommerce platform need to have?

A multivendor eCommerce platform requires multiple essential features and integrations to streamline store operations. These features vary among marketplace users (admin, seller, and buyer). For instance, an admin or marketplace owner requires features like product catalog, inventory management, abandoned cart recovery, multiple payment gateways, and more. Similarly, for sellers, features like shop inventory, shipping profile management, discount & coupon generation, sales reports, import/export, and others are crucial. Lastly, the multi-vendor ecommerce platform must have advanced features for buyers like Pay at Store, Multi-lingual, Invoices, Product comparison, etc.

Q4.: Are mobile apps necessary for a multi-vendor store?

As per Statista, more than half of the total website traffic comes from mobile devices and smartphone apps play a significant role here. This makes mobile apps a mandate for a multi-vendor business to maximize its full potential. To equip businesses with the option of using contemporary apps, YoKart offers native multivendor marketplace mobile apps along with a web solution. 

Q5.: Are Shopify or BigCommerce Multi-vendor Platforms?

Shopify or BigCommerce are not by-default multi-vendor eCommerce platforms. However, you can use any third-party plugin or app to convert your Bigcommerce or Shopify store to a multi-vendor marketplace.

Q6.: What factors do enterprises need to consider when choosing an eCommerce marketplace software?

• Time to market – The time required from conceptualization to stable market release is termed as time to market. eCommerce Platforms that deliver ready-to-launch online marketplaces significantly reduce businesses’ time to market.
• Scalability – It is the measure of a platform’s ability to handle system processing demands by adding new resources or modifying existing ones. For instance, how well a system performs when the traffic increases or how a database handles growing user queries. When choosing a marketplace solution, enterprises should pay close attention to the scalability aspect.
• Customizability – The ability to tweak or customize the multi-vendor marketplace software to incorporate operational needs of the organization. Customizable eCommerce solutions enable enterprises to personalize the marketplace as per their business requirements.
• Expert Technical Support – Bugs/errors in a system can hamper your business performance and impact growth. Hence, it is advisable to choose a reliable multi-vendor platform that offers timely support for any technical concerns at no additional cost.
• Multiple revenue channels – Select a multi-vendor eCommerce solution that supports multiple revenue methods like an affiliate program, seller subscription, commission fee on each transaction, and more.
• SEO Friendliness – An SEO-Friendly marketplace ranks on top of SERPs, enhancing sales and leading to an increased conversion rate. The best multi-vendor eCommerce software offer business owners complete access to SEO tools to optimize the page loading speed, user experience, meta tags, and more.

These are some of the major factors that differentiate a robust multi-vendor platform from a non-reliable solution. For more details, read the blog on important factors to consider when choosing an e-commerce platform

Q7.: How much does a multi-vendor eCommerce software cost?

The pricing of a standalone multi-vendor marketplace software varies depending upon your business requirements, customization requests, additional integrations required, and more. SaaS multi-vendor software pricing starts at $50-100 per month, whereas licensed multi-vendor ecommerce software pricing starts at $1000-$10000 (one-time fee).

Q8.: How to customize a multivendor marketplace software?

Customizing a multivendor marketplace software requires dedicated designing/development hours from a skilled team of experts. For best and most efficient results, the customization of a multivendor marketplace software, is best done by the team which developed the software or you can hire a development team for the task. Here self hosted multivendor marketplace software have a distinct advantage since they come ownership, any customization done stays with the Multivendor marketplace software, which is owned by your business. On the contrary,  any customization to a SaaS-based multi-vendor software is limited to the list of add-ons available and anything beyond it is either not possible or is truly expensive to be built.

Q9.: How to attract sellers to a multi-vendor website?

Pre-planning your initial marketing strategy or assessing your options is a fundamental approach towards attracting sellers to a multi-vendor marketplace website. For instance, creating a “coming soon” landing page, using social media marketing, or advertising on online ad networks – there are several steps that can help with your seller onboarding.

Q10.: How to market a multi-vendor marketplace website?

SEO (Search Engine Optimization) can be the first step when your multi-vendor marketplace website is live. Create meta tags, schema code, alt tags, and make other on-page SEO changes to make the website search-friendly. You can start writing blogs on your website and third-party channels to build brand awareness and traffic. Plus, keeping your target audience in mind, you can start doing paid advertising on channels like Google Shopping Center, Facebook, or Instagram.