Best eCommerce Marketplace Platforms to Start An Online Business in 2023

Considering the various eCommerce solutions available on the web, building an eCommerce website is not a hard task these days. However, if you choose the wrong solution for your eCommerce business, it can lead to unforeseen problems at a later stage. All eCommerce solutions have their own unique functionality. With a little research on them, you can find the one that meets your business requirements.

To help you, I’ve created a list of top eCommerce platforms that you can consider to start your business, and if required, conduct in-depth research.

Shopify - Single Vendor eCommerce Platform

A popular name in the eCommerce industry, Shopify is a SaaS-based solution suitable for startups and SMBs. With Shopify, you get both free & paid themes that you can customize as per your preference. 

Shopify is a single vendor eCommerce platform by default but if you want to launch a multi-vendor store on Shopify then there are various third-party extensions available.

Yo!Kart - Multi-vendor eCommerce Platform

Yo!Kart is a powerful, fully customizable, self-hosted eCommerce marketplace solution. You can use it to build a multi-vendor platform similar to Amazon,  Etsy, or eBay. Yo!Kart has been also recognized by top business magazines such as Inc., Business Insider, The Entrepreneur, Telegraph, Forbes, JeffBullas, eCommerce-platform,  and more. In the year 2015, TiECON also awarded Yo!Kart as the Product of the Year.

The solution offers the right set of features & functionality essential to launch a multi-vendor eCommerce marketplace. Additionally, the team behind Yo!Kart team also provides free one-year technical support. Yo!Kart comes with a lifetime license and has flexible payment options for all its packages.

CS-cart - Multi-vendor eCommerce platform

Cs-cart is a multi-vendor solution to launch an online store like eBay. It offers a wide range of features like template editor, order management system, detailed reports and analytics, single-page checkout, multiple storefronts, and category commissions. Cs-Cart is a self-hosted marketplace platform, meaning it gives you the freedom to select your own server. CS-cart is suitable for small to mid-sized businesses.

Yo!Rent - Best Software to launch Rental Marketplace & Store

YoRent is another popular eCommerce platform suitable to launch a multi-vendor marketplace and standalone website. It is a white-label rental eCommerce software that creates websites with features for both renting & selling. Yo!Rent is a readymade & fully customizable solution so that entrepreneurs can add any additional functionality. 

To make your business grow, Yo!Rent also comes with various marketing features like PPC, SEO, affiliate management, and social media integration. You can also use this solution to launch online peer-to-peer marketplaces. Yo!Rent is suitable for startups, SMBs, and large-scale enterprises.

BigCommerce - eCommerce platform for enterprise-level businesses

BigCommerce is an open-Saas eCommerce platform launched in the year 2009. It provides high-end features for theme customization, conversions, management, B2B operations, and international eCommerce operations. As it is an open platform, you can customize it your way to make it more suitable for your business. BigCommerce is more suited for large and enterprise-level businesses but also comes with additional transaction processing costs.

Magento - Best for large scale enterprises

Magento is an open-source platform ideal for entrepreneurs with technical knowledge or a team of IT professionals. Along with its open-source version, Magento also comes in a paid version where its experts help you set up your store. Magento comes with various features like content staging, visual merchandising, instant purchase, inventory management, etc. In the year 2018, the famous graphics software organization, Adobe acquired Magento. 

Growcer - Best for Hyperlocal Businesses

Growcer is an eCommerce solution for launching a hyperlocal delivery business like grocery delivery, liquor delivery, food delivery, medicine delivery, and stationery delivery. With features like geofencing, order management, delivery management, and multi-cart ordering, it simplifies delivery operations for a hyperlocal business owner. Growcer also comes with a mobile app for delivery staff with features like logging and routing. This solution is fully customizable and also comes with one year of free technical support.

ShareTribe - Best for Peer-2-Peer

ShareTribe is an eCommerce solution that is best suited for businesses with P2P operations. It can be used to develop a website for both selling and renting purposes. Providing services instead of products via a platform built by ShareTribe is also easy. This solution comes in two different packages, which are ShareTribe Go and ShareTribe Flex. The latter is fully customizable. ShareTribe is best suited for small businesses and entrepreneurs.

WooCommerce - Best eCommerce plugin 

WooCommerce is a WordPress plugin to convert your existing WordPress site into an eCommerce store. For entrepreneurs who are not present on WordPress, they’ll need to first make a WordPress site to use WooCommerce. This eCommerce plugin can be utilized for selling physical & digital products as well as affiliated products.

Conclusion:

All the above-mentioned eCommerce marketplace platforms are highly renowned in the e-commerce industry. They are available with different features and varying prices. To select the one that best matches your business requirements, go through the feature lists of these solutions and also consider your budget and the available technical support.