What is a Multi Vendor Marketplace?
A platform from SMD Webtech which connects buyer and sellers at one marketplace. Traditional eCommerce stores have only Shop Owner and Customers.
But in an Online Marketplace, there are a couple of other entities –
- Marketplace Owner
- Vendors/Suppliers ( in case of B2B )
- Customers
- Logistics and Warehouse manager ( In case of Big marketplaces )
- Shipping Provider
There are others as well, like Dispute Manager ( in case of refund and returns ).