Title: Multi vendor ecommerce platform| Best multi vendor shopping cart Post by: peterjohnpofi on August 02, 2018, 06:23:22 AM Ecommerce industry is changing rapidly everyday with new trends and updates. Ecommerce platform has now taken faster pace now. Selling own products solely to offering products from multiple sellers is trend ecommerce business owners are adopting. Online stores are no more demanded and they are converted into marketplaces.
Reasons for demand in Multi vendor marketplace platform https://www.pofitec.com/multi-vendor-shopping-cart-software (https://www.pofitec.com/multi-vendor-shopping-cart-software) World’s biggest ecommerce giant Amazon garnered $22.9 billion in third party seller service revenues from previous year $16.9 billion. Seller service revenues are the second largest revenue segment of online multi vendor marketplace platform. Customer retention Multi vendor marketplace retains nearly 90% of customers than single ecommerce stores. Revenue boost Sales through multi vendor marketplace script will be thrice more than regular online ecommerce store by 2021 Traffic Multi vendor ecommerce marketplace script brings huge traffic in comparison with single ecommerce stores High conversion rates Multi vendor shopping cart software offers different kinds of products under one roof and customers need not to look into other online store. It helps in retaining loyal customers and high conversion rates. High commission More varieties, more offers, more sales and therefore, more commission in your pockets. Ecommerce statistics and trends Ecommerce business will mostly rely on multi vendor marketplace platform for Implementation Ongoing management Strategy By the end of 2018, the mobile share of multi vendor shopping cart platform would be 40% and it is expected to reach 70% by next year 2019. Sales through multivendor are expected to reach $4.5 trillion by 2021 and it is threefold lift in total online revenue. Title: Re: Multi vendor ecommerce platform| Best multi vendor shopping cart Post by: Benitaterah on January 03, 2019, 09:50:50 AM Hi,You can Also try Appkodes readily available multi-vendor marketplace script with all more benefits and features to turn your just ideas into a real profitable business.
|