In the competitive world of eCommerce, the consumer’s first interaction with your eCommerce marketplace can be a make-or-break moment. According to Baymard Institute, the average cart abandonment rate in eCommerce is 69.99%. In other words, roughly 2 out of every 3 consumers, with a high percentage intent to buy, do not complete checkout. 

Among other factors, this emphasizes the importance of getting the fundamentals spot on for the heart of your eCommerce business i.e. the website. 

With that in mind, if you are about to start an eCommerce business, prioritize a robust eCommerce website to create a market impact. How to do that, if you may ask? To answer your question, we give you the top multi vendor marketplace eCommerce platforms, with the proven industry track record of impactful eCommerce marketplaces. 

Let’s dive in 

Top 5 multi vendor eCommerce marketplace platforms

Yo!Kart

A leading multi vendor marketplace eCommerce platform, Yo!Kart has powered 5500+ marketplaces globally. It comes with a rich list of eCommerce features included by default, pre-integrated business APIs, and intuitive UI/UX. Yo!Kart is customizable, self-hosted, and available with one-time payment packages. 

Growcer

What if you want to start a hyperlocal marketplace? Growcer is a turnkey solution that not only includes essential eCommerce features but also a hyperlocal module built in. Growcer is also self-hosted and available in one-time investment package. 

Convictional

A multi vendor marketplace solution that brings a dual benefit of eCommerce marketplace or a dropshipping business. Convictional is self-hosted, easy to use and also comes with good amount of eCommerce features. The pricing for Convictional starts at $2000/ per month + 1% of the sales (billed monthly). 

Shuup

This multi vendor eCommerce solution is available as a SaaS and as a self-hosted platform. A trusted name in the industry, Shuup has features for tax management, inventory management, and other essential eCommerce functions. It comes in two pricing packages $299/month for the SaaS license and $1499/month for a self-hosted license. 

YoRent

This self-hosted solution allows you to start with an eCommerce multi vendor marketplace that hosts rental along with retail operations. To support the rental operations, YoRent includes features such as a booking calendar, dynamic pricing, and more. Yo!Rent is also available with one-time price packages, tailored to your requirements. 

To Conclude 

While these were the top 5, read a detailed comparison of the top 20 multi vendor eCommerce marketplace platforms to get a comprehensive understanding of the options available in the industry. 

With this information, you can make an informed decision, and choose the best eCommerce platform for your business idea.