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How to Get the Attention of Potential Marketplace Vendors and Convince Them to Sell on Your Marketplace
For a multi-brand business to succeed, brands must be seamlessly connected behind the scenes. It doesn’t matter how different they may appear to customers, or if the brands are in entirely different segments, like business-to-business and direct-to-consumer.
Nautical has built the only end-to-end platform for companies seeking to launch and scale a B2B multi vendor marketplace. Find out how it can help your business.
Multi-vendor marketplaces are different than a traditional ecommerce store. Instead of holding inventory and fulfilling orders, multi-vendor marketplaces coordinate transactions between buyers and sellers.
As a multi-vendor marketplace operator, your job isn't to design, manufacture, or, in many cases, even hold inventory. You probably don’t store any goods. You likely don't own warehouses. And you don't manage your sellers’ workforce. ‍Beyond building a beautiful marketplace website, what does a marketplace operator really do? If we had to boil it down to one word, it would be: communicate.
Bhavin Shah, Nautical COO/CTO, shares what you should know before joining a startup.
Nautical Commerce was named the Judge’s Choice winner of the Shoptalk 2022 pitch competition! The Shoptalk “Shark Reef” pitch brought 15 retail-technology innovators up on stage to give a three minute presentation followed by Q&A. Our pitch was delivered by Nautical Founder & CEO, Ryan Lee.
More and more companies are realizing the opportunity for increased revenue and customer reach by leveraging the multi-vendor marketplace model. In fact, 9 out of the top 10 US retailers have a marketplace. Coincidence? We think not.
What company do you think of when you hear the word marketplace? Let me guess - was it Amazon? A lot of people default to an Amazon experience when they think of a marketplace, but there are so many different kinds of marketplaces. You have marketplaces for booking, digital goods, professional services, physical goods, resale or recommerce, B2B, the list goes on and on and on.