Top Benefits of Multi-vendor Marketplace:

 A multi-vendor marketplace app will serve owners, vendors, and consumers in a few unique ways. Thus eCommerce is shifting gears due to the positive outcome in the multi-vendor marketplace.

Starting from business owners like you to the vendors, and consumers prefer online marketplace over regular online stores. Because it offers a wide range of benefits.

Here’s a list for you to understand the benefits and power of a standard multi-vendor eCommerce marketplace.

To the Business Owner:

• As a business owner, you can take a commission on the products sold by the vendors. This likely increases your profit margin.
• As an owner, you can create chances for your vendors and customers to build a relationship outside of the business transactions.
• Also, As you offer a white-label multi-vendor marketplace that runs round the clock, you offer a reduced time limitation and help vendors to sell more efficiently to customers.

To the Vendors:

• Vendors that are start-ups and small businesses can join your marketplace and establish their presence in the eCommerce market.
• Vendors can avoid marketing costs as the multi-vendor marketing platform acts as a sales channel that markets and sells the products of vendors.
• Also, multi-vendor acts as a global online marketplace that enables vendors to sell their goods to overseas customers.

To the Consumers:

• Consumers use a multi-vendor platform to shop products from a single website because they can see a variety of products from different brands in a single marketplace.
• White label marketplace allows customers to compare products by staying on the same marketplace and shop quality products at a fair price.
• Also, multi-vendor offers real-time updates on the availability of products. Thus it helps buyers to get the best deal at the right time.  Read more

4 Rising Trends in Clothing Multi-vendor Marketplace

 It is a misconception that bigger brands make more profit. The reality is you can achieve success when you keep up with the evolving marketing trends.

Here are the 4 best trends you have to keep up with if you build a multi-vendor eCommerce app for your readymade store.

• Blogs
• Influencer strategy
• Personalization
• Celebrity strategy

#1. Blogs:-

Writing blogs can be one of the most cost-effective methods to follow if you are running a multi-vendor marketplace for your retail clothing store.

This is a rising trend in 2021 that will have a favorable effect on consumers. Sharing interesting and insightful blogs can always boost sales anytime.

#2. Influencer Strategy:-

Influencer strategy is a killer deal if you have are going to build ready to go app for women’s clothes. Because women trust influencers more than advertisements. And they even go the extra mile in reaching out to influencers to get genuine feedback.

Thus, leveraging this opportunity you can collaborate with many influencers according to your niche and promote your multi-vendor marketplace to their large audience.

#3. Personalization:-

Personalization is a trend that keeps evolving every day. It is important to understand consumer behavior through purchase history and browsing behavior and build a strong connection accordingly.

#4. Celebrity Strategy:-

In this era, celebrities are the faces of brands. Trust me, Messi is the one who strikes my mind if I think about Adidas.

This is a real-time example of celebrity strategy. if you run a multi-vendor marketplace app for the clothing industry, celebrity strategy is the best way to keep your loyal customers with you.

View more - https://www.softsuave.com/blog/guide-to-build-multi-vendor-marketplace-app-for-clothing-store/

Top 3 Reasons Why You Need Multi-vendor Marketplace App for Your Furniture Store

 Every business needs a multi-vendor marketplace platform in 2021. And, furniture business is no exception to this trend.

Large businesses are flourishing in the eCommerce market. In contrast, small businesses are thriving. Multi-vendor is the quick fix that can be applied by the SMBs.

Here are the top three reasons why you should develop a multi-vendor marketplace for your furniture store.

Availability of More Products:-

A multi-vendor marketplace owner can add any number of vendors. Adding more sellers/vendors will directly increase the number of products on the platform.

Thus, you give options for your customers to choose the best furniture from the list of products from different vendors.

When you offer a diversified shopping platform, you attract more customers that increase your sales and revenue largely.

Reduced Operational Costs:-

The operational costs of running an online store are very high and SMB owners do not appreciate the idea of going online.

But, a multi-vendor marketplace reduces the operational costs drastically. You will not start from scratch. Rather you develop a platform, fulfill the orders, and accept payments.

The operations work like support and maintenance will be taken care of by the respective vendors in the platform.

High Profits:-

The solo marketplace does not give you high returns. But when you integrate many vendors you can achieve quick and easy profits.

Also as a multi-vendor marketplace owner, you can get additional revenue in the form of subscription and commission if you build the best readymade furniture marketplace platform.

However, there are also many pros and cons in the multi-vendor marketplace app that has to be taken seriously.

View more - https://www.softsuave.com/blog/guide-to-build-multi-vendor-marketplace-app-for-furniture-store/

Advantages of Hiring the Best Mobile App Development Company from India

Are you looking out for a company to develop a mobile application for your business?

Are you hunting for the best mobile app development company in India?

Are you confused about whether or not to outsource your mobile app development service to India?

You are in the right place. We have the answer to all your questions. Let’s dive directly into answering and clearing all your confusion. 

Mobile Application Development:

Mobile application development is mandatory for every business that wants to succeed in 2020. Mobile apps are taking control of all the sectors, industries, and businesses. There is a surge in mobile app usage, so it is a primary need for every business to adapt to the change and move towards success. 

Mobile apps have revamped the whole world. Gone are the days when mobile was only used for calling and texting. Nowadays, affordable internet connection and various applications have increased the amount of mobile usage drastically. Many businesses have already started developing a mobile app to cope up with the trend. Let’s take a look at the right place to give your mobile application for development, so there is a guaranteed success. 

Advantages of Hiring Application Development Firm:-

Outsourcing is one of the guaranteed ways to achieve success while going for mobile app development. Especially when development services are handed over to companies in India, the quality of applications is impeccable, and you get the real value for the money you invested. Choosing and hiring a mobile app development company is a tough job. The following are a few tips to choose the best mobile app development company and its advantages. These tips will help you choose the best out of the whole pack and highlight the benefits of hiring an app development company in India.

• Cost-effective solution

• Access to a pool of tech-savvy developers

• Time-zone overlapping

• Trusted after-sales support

• Flexible hiring model

Cost-effective solution:

Everybody wants to save costs. Hiring a mobile app development company from India is the best cost-effective solution. Choosing a company like Soft Suave, the leading mobile app development company in India will give you highly skilled resources at an affordable cost. When you want Indian development companies, it’s a general assumption that the price will be low as the cost of resources is low comparing to most of the western countries. This should not be the deciding factor but, until you get the value for your money invested, India would be the best choice.

Access to a pool of tech-savvy developers:

The core benefit of hiring an app development company from India is that you get direct access to a pool of highly intellectual and tech-savvy developers. Reports state that India has the highest percentage of creative and technically sound resources. This opportunity can be availed only when the mobile development services are outsourced to companies like Soft Suave.

Time-zone overlapping:

Soft Suave is the best mobile app development company in India that offers time-zone overlapping to western companies that outsource their mobile app development services. This feature allows clients to easily allot tasks to the developers in India and work like they are in the same time zone.

Trusted after-sales support:

Going for the best mobile app development company would give you the benefit of standardized after-sales support in terms of maintenance and bug fixes. Especially Soft Suave has it as a complimentary service for a few months after a web or mobile application is launched to make sure all the features work fine without any hassles.  

Flexible hiring model:

Not all development companies in India have flexible hiring models. When hiring a mobile application development company from India, you have to research, find, and clarify the hiring model they offer you. There are three types of hiring models in outsourcing. They are; Time & material (Pay only for the time and resource used), Fixed price (Hire a resource for a fixed amount), and Dedicated development team (Hire a dedicated development team for yourself). Out of these three options. Choosing the dedicated development team is the best cost-effective choice, as you will get a pool of developers headed by a project manager to take care of all your tasks and check if they are on track.

Wrapping Up:-

The above points are the significant advantages that you should be aware of when you hire Soft Suave, the best mobile application development company in India. It is a must to not get carried away with the cheap costs that many companies offer for their development services. Be sure to get the value for the money you invest so it will be cost-effective for your business. Successful mobile application development must have all the features and advantages mentioned above.

Why wait? Call now at +1-410-8078350 and start hiring now.

If you are interested in developing a food delivery mobile application

If you are interested in developing a food delivery mobile application, then this blog is the right place for you to understand the step-by-step guide for successful food delivery app development for your restaurant.

A food delivery app should not just help the consumers choose food for delivery but should show the quality of the restaurant in terms of food, standard and business. A food delivery mobile application will increase the stature of a restaurant if it is developed according to the industry standards. During a food delivery app development it is necessary to consider the performance of the app, as it needs to be excellent and highly responsive for all the consumers, restaurant owners and delivery staffs simultaneously.

Benefits of Food Delivery App Development:

Undying industry – The food industry is an evergreen industry where the demand for food-related business will never perish. Utilizing this in the form of a food delivery application would be the wisest decision.

Wide customer base – The number of active smartphone users has been increasing day by day. This is directly leading to the usage of apps to order food. Developing a Food Delivery App will yield you young people, office workers, families with children, etc. who gradually will turn into potential customers who will give a stable amount of orders.

Click here to know more - https://www.softsuave.com/blog/guide-for-successful-food-delivery-app-development/

The Corona Virus Pandemic Impact on eCommerce Business

The coronavirus has already changed the way we work and the way we shop. This calls for a change in the strategic approach followed by the business owners to not only run the business but also prepare for business after this pandemic. The eCommerce industry is bracing for a significant shift in 2020 due to the coronavirus pandemic.

Contactless payments

Contactless delivery

AR in eCommerce

Brace for sale through voice search

Mobile Shopping

Click here to know more about Corona Impact on eCommerce Business

How does the multi-vendor marketplace business model work?

The business model of multi-vendor marketplace differs according to the type of business, target market, and the geographical area. Following are a few business models,

• Commission model
• Subscription model
• Service charge model

Commission Model:

This model generates revenue through commissions. Different commission rates are fixed for various products, and the business growth is accelerated through the commission percentage. This model motivates in pushing sales higher, which directly increases the revenue generation.

Subscription Model:

The subscription model is the least complex and best business model. This model offers many discounts and waivers to create high engagement. Subscriptions are based on a yearly and half-yearly basis.

Service charge Model:

Independent online grocers adapt the service charge model. They charge a specific amount as a service charge for the online grocery service they provide to the customers. The primary source of revenue in this model is the service charge, and then comes the profit on the products.

Source On: https://www.softsuave.com/blog/upgrade-your-grocery-business-using-a-multi-vendor-application/