Storewall

As the name suggests, a multi-vendor marketplace or store is a platform for third-party sellers to sell at one place. In simple terms, it is a big store that contains various small shops that are run by individual vendors.

Let’s take an example, think of it as a mall that is owned by you that delivers products to people’s homes. As the meaning is clear, your mall contains many small stores. The responsibility of running each store lies with the different individual store owners whereas the more focus of storing the products, delivering them to people’s homes, and accepting payments lies with you.

Now, think this mall is an online eCommerce setup. Your mall becomes a marketplace, the small shops are the vendor’s stores, and you are responsible for the order management, shipping management, and collecting payments.