Introduction
Is owning an eCommerce store on Shopify still not the final destination for business owners? There is no doubt about the global popularity of this platform with 4.4 million live sites and available in 175 countries, Shopify is like a “fertile land” for entrepreneurs to do business.
If a business wants to expand its business scale into an online marketplace instead of just focusing on cultivating its own brand, then Shopify can also meet this need. Since the Shopify marketplace setup is not the default version of the platform, there are compatible integrations to support your business. In this article, we will provide you with Shopify resources as well as effective marketplace apps in 2024 for driving up revenue.
What is Shopify Marketplace?
An online marketplace is a gathering place for unlimited sellers from various categories to list products and sell on available platforms under a centralized payment process. With this commerce method, the marketplace owner will not have to manage inventory while offering diverse shopping experiences for consumers. For each successful transaction, multi-vendor marketplace will receive a commission as well as a flat fee to maintain operation.
As we know about Shopify eCommerce, this platform with a user-friendly interface allows merchants to establish an e-store with full functionality from basic to advanced to start setting up a storefront and selling goods. At the same time, store owners can manage, customize, and promote their single brand.
It can be inferred that Shopify marketplace combines the above two ventures so businesses can upgrade their online store to become a fully-fledged marketplace. With Shopify Marketplace, retailers can reach and serve a larger customer base and increase their sales potential. Imagine that you will operate a mini marketplace like Amazon, Etsy, Walmart, or eBay; all you have to do is just utilize Shopify marketplace integrations and let them do the work!
Why do we need Shopify marketplace integrations to skyrocket revenue?
In addition to Shopify Marketplace Kit, an APIs & document package to build your own marketplace, requiring a deep understanding of the platform and techniques, many merchants have chosen more effective and convenient alternatives. That is Shopify Marketplace Integrations. Due to its convenience and capacity to meet a variety of categories, customers can also shop online and check out within a single marketplace. Explore further the perks these Shopify-specific apps bring to thousands of merchants out there beneath
For Sellers:
Engage Wider Customer
Scaling up your eCommerce store into multivendor marketplace means you will reach more consumers, even without being Shopify buyers. With items sold on Shopify Marketplace, the visibility rate will increase and receive more organic traffic, and sales opportunities will also achieve much higher growth than with a single label.
Easy-to-manage apps
Shopify marketplace integrations are extensions for marketplace owners to integrate into their online stores with just a few installation steps. Merchants do not need to engage in technical effort while saving resources and time for a separate eCommerce website. Simultaneously, these one-stop apps allow entrepreneurs to manage and operate sales channels flawlessly with high efficiency.
Enhanced Customer Experience
Shopify marketplace integrations cater to the elasticity and scalability of a marketplace, which can handle unexpected events, timely fluctuations or peak time, all of which are factors to consider in high-traffic spaces like marketplaces. Therefore, the shopping experience will be improved and problems will be handled promptly. Besides, you can also take advantage of the available functions of marketplace apps, such as order processing, shipping,multi-payment checkout, and customer support.
Improve Marketplace Promotion
Shopify marketplace apps all have built-in marketing tools for sellers to promote their goods as well as engage broader audiences. Don’t hesitate to sell on Shopify marketplace and boost your visibility with email marketing, social media integration and SEO tactics.
For Buyers:
Better Access to Multiple Products
Under the multivendor model, customers will have thousands of choices in diverse products and industries. When you have access to products with many prices to consider, and trusted marketplaces will also be highly appreciated, customers can feel secure in completing their orders at the payment step. Shopping needs are also more fully met when suggested items and incentives are always displayed with the product.
Verified Sellers
Merchants who want to sell on Shopify marketplace will have to go through a strict procedure for the quality of products and services. Buyers may buy with confidence, knowing they will not be scammed.
Secure and streamlined payment gateway
Marketplace supports consumers with payment steps that meet the criteria: simple – convenient – safe. With the Shopify platform, millions of merchants have trusted it to deploy their online stores and many other business models, so users can also experience efficient shopping payments with Shopify marketplace.
Shopify Marketplace Apps in 2024
Now, with our competency of over 15 years with Shopify services and development, we will suggest to entrepreneurs some Shopify Marketplace Apps to surge your revenue in 2024.
1. Multi-vendor marketplace
Rating: 4.6/5
Price: Starts at $10/month, 15-day free trial available
A well-known integration on Shopify App Store fully supports the transition from your online store to a multi-vendor marketplace. This app facilitates adding various sellers while controlling their sales. Shopify Marketplace admins can conveniently customize commission rates for different vendors through this software.
Main Features:
- No limit for connectivity
Turn your e-store into a multi-dimensional connection portal for sellers in all fields around the world, similar to marketplace giants such as Amazon, eBay, Taobao, and Etsy.
- Varied Products
The products on your marketplace will be multiplied due to the diversity of retailers, offering consumers more alternatives and creating favorable conditions for swiftly growing revenue.
Read More:
The simple guide to using Shopify admin for your online store
2. Multi Seller Marketplace
Rating: 3.3/5
Price: $99.99/month, 30-day free trial.
Reach more customers with Multi Seller Marketplace and operate numerous vendors with all-in-one Shopify Marketplace integration. This app helps you be well-prepared to manage and boost your income.
Main Features:
- One-stop solution
Leverage this tool to control order shipping, product approvals, inventory management, and custom commission rates within a single master admin panel.
- Admin settings
In addition to the features listed above, marketplace owners can regulate the specifics of transactions. Besides, the software offers admin settings for sellers to help them operate the sales process more effectively.
3. CedCommerce Walmart Connector
Rating: 4.8/5
Price: Free plan available
Surge your order fulfillment with this application trusted by many merchants, CedCommerce Walmart integration enables retailers to sell on Walmart if they meet the conditions. Transformation is no longer a concern when the application helps you connect products in the store with your Walmart seller account to synchronize information in real-time.
Main Features:
- Available for overseas sellers
- Import Walmart orders into the Shopify store system for easy management
- Swift Order data synchronization speed
- Optimize product attributes on Walmart
4. ShipTurtle Marketplace Creator
Rating: 4.7/5
Price: Starts at $29/month. 14-day free trial.
Main Features:
- Order Automation
Marketplace owners can rely on Shipturtle’s automatic order-splitting function. Bulk orders can be coordinated more easily
- Better Partnerships with vendors
This app serves as an effective connection tool between your platform and global suppliers for seamless and effective collaboration. The ability to synchronize and manage inventory is also integrated with the software.
- Commission Simplified
Calculating commission rates for different vendors will be customized according to your needs. Along with that are issues related to costs, such as discounts, taxes, and shipping costs.
5. eBay Link
Rating: 2.3/5
Price: $19.95/month. 30-day free trial.
A powerful Shopify marketplace integration for sellers on eBay Australia. The process of uploading products from your Shopify store to AU eBay will be simplified with this application. Product details will also be synchronized to reduce tasks for retailers.
Main features
- Adjust product details on eBay (no need to do it on Shopify)
- Update commodity data in real-time
- Divide product groups to adjust shipping fees accordingly
6. Best Buy Canada Integration
Rating: 3.3/5
Price: $49/month. 7-day free trial.
Selling on BestBuy Marketplace through a Shopify Account has become a reality with this app. Bring all your assets from your online store to Shopify and sync your data seamlessly with this integration.
Main Features:
- Warehouse management
- Tailor-made product prices
- Frequent notifications for necessary updates
Read More:
Conclusion
In short, Shopify marketplace is like a door that opens up many opportunities for store owners and sellers to reach a diverse customer base and earn a lot of profit. Running a marketplace will also be different from a single store, so the Shopify marketplace integrations we list in this article will simplify the process for you. If you are still not familiar with the Shopify platform, take the time to learn about our Shopify development services or contact us to consult with eCommerce experts.
