A B2B (Business-to-Business) eCommerce marketplace is a sort of marketplace in which sellers (such as brands, manufacturers, distributors, and suppliers) often sell in bulk to other companies (customers).
In a B2B eCommerce marketplace, both vendors and buyers are companies, and payments are held by bank transfer.
The best B2B eCommerce systems and multi-vendor marketplaces
B2B enterprises have been adopting internet trade due to their ignorance of the comfort and simplicity of buying that it provides as a by-product. Fortunately, the situation has shifted dramatically since then. Businesses rely on B2B eCommerce platforms to acquire an advantage in the current environment via online ventures.
Did you know? By 2028 the global B2B eCommerce market size is expected to reach USD 25.65 trillion.
The following is a list of B2B eCommerce systems that provide basic functionality to comprehensive marketing solutions for improved conversion and experience.
Top B2B Multi-Vendor Marketplaces 2023
BigCommerce is a robust eCommerce website builder that enables organizations ranging from SMBs to big enterprises to launch a B2B marketplace in a matter of days. Advanced shipping choices, audience segmentation, dynamic pricing, B2B-specific payment services, social media integration, ERP & CRM connectors, high-level checkouts, and rapid reordering are all enabled by the collection of technologies.
Along with PCI DSS compliance for enhanced security, the BigCommerce platform makes product catalog and inventory management a snap. The baseline plan for developing the B2B marketplace is $29.95 per month and may be increased depending on feature needs.
NectaCart is an outstanding choice for B2B companies looking for the most refined eCommerce Multi-Vendor Platform. The mobile-responsive platform has an intuitive user interface with customizable themes, many connectors, and more insight into company performance. Vendors and administrators may run a cataloging system that engages consumers through bulk upload.
With numerous payment methods, multilingual and multi-currency support, and PCI DSS compliance, browsing, and purchasing at the site becomes an excellent experience. Under Tax management, auto-tax calculation resolves concerns for suppliers. Offline administration is an optional feature. Additionally, what is there? The one-time payment attracts B2B enterprises since there are no ongoing fees or hidden expenses.
It powers over a million B2B firms in today’s web-connected society. The market’s most successful platform performs well for significant organizations. From start to end, the comprehensive solution creates a beautiful client experience. Unsurprisingly, prominent businesses like Tesla, Adidas, and Motorola have trusted the Shopify Plus platform. The platform offers enhanced functionality, assures increased revenue, and gives an exceptional user experience.
Shopify Plus is the best solution for B2B organizations, with dedicated storefronts, 20 sales channels, fast performance (8000 orders per minute), one-click checkout, and wholesale selling. It is highly scalable and flexible, allowing companies to expand their services, payment choices, and app integrations.
Wholesale dealers may now access B2B marketplaces such as Alibaba and import and update items with a single click using OpenCart’s new extension OpenCart B2B marketplace. The personalized dashboard simplifies order administration for B2B buyers. With open-source coding, corporations may easily verify the code’s quality. The platform is free, but the extension costs $299.
Good read: Shopify alternatives
SAP Commerce Cloud
SAP is a well-known enterprise resource planning (ERP) software on the market that powers thousands of organizations worldwide. Additionally, they developed an omnichannel platform – SAP Commerce Cloud –widely regarded as the most incredible B2B eCommerce platform. The platforms provide various functions such as marketing automation, customer relationship management (CRM), data connectors, reporting and analytics, and more to fulfill the diverse demands of B2B organizations.
It accepts various payment methods (cards, e-checks, digital wallets: Apple Pay, PayPal, and Visa Checkout). Early login, custom catalog, credit management, self-service management, price quotation request, and back-office connectivity are only a few B2B capabilities. The system has serviced over 4 million customers and is offered in two premium editions: standard and enterprise.
Commerce Cloud by Salesforce
The renowned CRM platform is unquestionably the world’s top cloud computing enterprise. Salesforce Commerce Cloud is a SaaS eCommerce platform that enables organizations to create and improve their stores to compete effectively. It includes catalog management, personalization using machine learning, high scalability, rapid reordering, different payment methods (credit card, ACH, or cash), account hierarchies, and pricing negotiation.
NetSuite Commerce, which launched in 2015, is widely acknowledged by Forrester as a prominent B2B eCommerce platform for mid-sized businesses. Additionally, it is the most important choice for B2B enterprises who want to operate through numerous channels, including brick-and-mortar and click-to-mortar locations. Through automated operations, reporting, business information, real-time visibility, and tailored services, it helps to increase client engagement. The platform’s easy CRM and ERP connections and its great scalability make it well-suited for big organizations.
With ZielCommerce, you can create and present your customized multi-vendor ecommerce platform. Whether a small or large business enterprise, you can always use ZielCommerce because it is created in headless architecture, high-profile technology, and created using NodeJS.
The ZielCommerce solution supports platforms that work for both iOS and Android devices.
ZielCommerce Key Features:
- You can access banner adverts on your home page
- The platform offers several payment options
- As an admin, you can adjust the details – For instance, add, approve, or reject selected transactions.
- The platform allows you to upload bulk products in CSV, XML, and XLS file formats
- The platform has an in-built tax module that enables the user to assign taxes
- Should you consider ZielCommerce for your ecommerce platform, know that they offer a one-time pricing plan.
Laravel Multi-Vendor Marketplace
With Laravel, you can turn your shop into a multi-vendor marketplace while handling orders separately from the collection of products.
Through Laravel, clients can buy products from different vendors using one cart, then rate and give feedback on the services and products delivered.
As for the seller, they can handle tasks such as the seller profile page, shipment plans, and handling stock, among others.
Besides, sellers can add items as two different types of products in an online store.
Key Features of Laravel include the following:
- The platform supports multilingual
- The admin has the option of creating landing pages
- The platform offers separate management dashboards for vendors
- The pricing plan is a one-time payment of $449
Mayosis WordPress Marketplace
The Mayosis platform offers all services related to code snippets, plugins, stock photography, themes, stock forage, e-books, arts, templates, music, and lessons. Therefore, if your business revolves around the brackets, you are good to go with Mayosis.
Through Mayosis, the user can create a customized marketplace in a simple manner, then sell their products globally. You can customize the platform to sell different products and services at the same time.
You don’t necessarily need coding knowledge here; you can always generate web pages using the WPBakery builder plugin.
The Mayosis Key Features include the following:
- It is compatible with all devices
- The platform supports several free extensions, such as PayPal Pro, and MailChimp, among others.
- It has sticky header functionality
- Supports multilingual
Knowband Multi-Vendor marketplace
With the Knowband Multi-Vendor Marketplace, the user has total control over all the platform’s services, including feedback, reviews & recommendations, varied payment methods, and goods
As the owner, you can charge a fixed percentage commission from the vendors. Besides, the user can create customized membership plans
The best aspect of the Knowband Multi-Vendor marketplace is that it is compatible with apps from Android and iOS devices.
Key Features of Knowband Multi-Vendor include the following:
- Customers have the option of posting and viewing seller reviews
- Has separate dashboards to track correct sales records
- It has email notifications to manage all operations smoothly
- Sellers can access and view all earning history
- The platform offers separate seller registration forms
The list of industry-leading B2B eCommerce platforms has carved a position in the specialized sector via the growth of B2B eCommerce marketplaces. The platform to choose determines the unique needs of the B2B company project. Therefore, before you begin searching for eCommerce website builders, you should compile a list of the most important characteristics to you as a company owner.
B2B eCommerce Platforms for Multi-Vendor Marketplaces FAQs
What is the meaning of a multi-vendor ecommerce platform?
This is simply a software solution allowing several vendors to sell different products and services via online stores. The solution is applicable to both large and small businesses, enabling sellers to reach a large customer base.
What is the process of creating a multi-vendor web page?
Creating a multi-vendor website will require you to search for a platform supporting several vendors, set a payment method acceptable to all the vendors, then market your website to generate more traffic, targeting potential customers.
What measures can I take to create a successful multi-vendor marketplace?
Several factors will determine how successful your multi-vendor marketplace will become. These factors include:
- Choosing an appropriate platform
- Doing market research
- Vetting potential vendors
- Using the updated features
- Balancing buyers and sellers proportionally
- Promoting and advertising your platform
Planning to B2B multi vendor marketplace? Contact eCommerce development company and get quotation at no cost.