MultiVendor Marketplace Design (B2C)

Using Retaxis, you can create a B2C marketplace for your business where multiple vendors can come and signup to sell their products online. Vendors get their dashboards to upload/manage product inventories and to fulfill orders they receive from the buyers on the marketplace.

As a business owner, it will be impossible for you to stock and ship all the items you are selling online. Stocking of items causes a massive pileup in dead inventory and incur a high warehousing cost that eats up your profit margins online. At this point, a Marketplace model comes to your rescue, which works on a just-in-time model for product order fulfilment. Through the RETAXIS MultiVendor eCommerce platform, a buyer on your store can create an order for multiple items. The order is then split automatically according to the sellers. The sellers can, through their panel, fulfil the orders. The system automatically takes care of the amounts to be received or to be paid to the sellers.

It is the stepping stone of a marketplace where a seller registers on your store. At the time of registration, the solution takes care of seller authenticity documents, which are proof of the seller’s business identity. Admin can approve a seller account upon validation of the seller’s business proof documents. A seller can access the seller dashboard only after the admin’s approval to sell online.

As a seller enrolls and logs in, he can upload products in the system using a single product uploader module or a bulk upload module on his panel. He can even edit products uploaded using the xls driven bulk editing tool. The products uploaded are sent to admin for approvals. Until approved, the products are not displayed in the marketplace.

As the products are successfully uploaded and submitted by the seller, they are available to admin in his panel to approve/reject. The approved products go live on the site and are available for purchase to the buyer. Admin can change product information, preview a product before activating, bulk approve products, or even reject a product from his panel.

On the face of it, the marketplace looks like an e-commerce store only and has all the features available in a standard e-commerce store. It allows guest checkout, COD purchases, Pincode validation, coupon code promotions, and payment gateway integration. The orders created for items from multiple sellers get split automatically in the system.

Upon creation of an order an intimation is sent to buyer, seller’s & admin. The order split shows respective items in the panels of respective sellers. As they set an order as Ready To Ship a shipping manifest, packing slip & invoice is created automatically for the seller using the seamless integration with selected logistic partner.

The system handles order tracking using the AWBN not provided by the logistics partner and sends multi-stage notifications to sellers, buyers, and admin. It adheres to a delivery SLA set by admin and works on the product return policy's valid post-delivery. Upon delivery, a buyer also gets notifications to rate a product & seller.

The system takes care of product return as well as seller accounting for the same. As a product is returned, it is classified as a buyer fault or seller fault post, which the items are either returned or reshipped, leading to a cash refund, store credits, or replacement of the item. In all the cases, the system enables reverse pickups of the item and manages the seller's statement of account automatically.

We believe in empowering our clients with tools to manage operations efficiently, but in case you face a technical hurdle, we are available on e-mails, phones & live-chat to help you. You get access to our support articles and videos to set up and manage your online store.

The vendor dashboard is the primary tool that helps a vendor to understand and manage operations in his business with the marketplace. He can control his profile, payment method, products, orders, returns, refunds, commissions, and accounts summary using just a few clicks on his dashboard.

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The team has very good knowledge of E-Commerce solutions. They have a friendly behaviour & were able to delivery my project on time.

Retaxis is a powerful e-commerce software solution that can help you if you are planning to sell online using a single brand ecommerce store or a multi-vendor marketplace solution. It provides you all the tools and skills required to manage the online selling process with ease.

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Start an ecommerce store or a Multi-vendor ecommerce marketplace we can help you in all aspects of your ecommerce venture. For support write to us on info@retaxis.com

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