Multi-Vendor

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So what exactly is multi-vendor eCommerce? Essentially it’s making an eCommerce store which allows other vendors to sell on the same portal as you, the Admin. In return, you provide them with a dashboard, tools and essential add-on which can help them with their transactions. When a consumer visits your multi-vendor site they are able to select any item from “Vendor A” and also from “Vendor B” while having it all processed from exactly the same cart from your website. So how do we know which revenue goes to which vendor? Well, the system and algorithm behind a multi-vendor shopping cart system automatically split all payments made behind the screen from the two vendors who just sold products. This whole environment of people purchasing and selling from one portal aids consumers to find a wide array of products and diverse prices. At the same time, you, the multi-vendor eCommerce owner gets to enjoy commissions. In the physical world, it’s kind of like malls, allowing tenants to rent out a stall in their establishment for a fixed fee or a percentage of their net revenues

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