What is
Vendor Onboarding
?
Vendor Onboarding Definition
For any online marketplace, it is essential to have a smooth and streamlined process for vendor onboarding. This is the process of bringing in new vendors to sell their products or services on the platform. Vendor onboarding typically involves a series of steps that enable vendors to create a profile, upload their products, agree to terms and conditions, and start selling.
It's important to ensure that the vendor onboarding process is as simple as possible, as this will encourage a greater number of vendors to join the marketplace. By making the process easy to follow and providing the necessary resources and support, online marketplaces can attract high-quality vendors and improve their overall sales performance.
![](https://cdn.prod.website-files.com/66393415b85ce0bd81454b0a/663a8875893a588c77b4550c_65b0409b8a3895071047ea94_Vendor%2520onboarding.jpeg)
Here's an example of a vendor onboarding process once due diligence has been done:
- Step 1: Activate account
- Step 2: Create a payout account
- Step 3: Set up inventory and fulfillment
- Step 4: Create a product listing
![checklist example](https://cdn.prod.website-files.com/66393415b85ce0bd81454b0a/663a87a2958b6f1f5265bcb3_64871e19a2872c9c1ba1fbff_IMG_6562.png)
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