E-Commerce Multi-Vendor Application
Anoushka Shinde, Aryan Mundra, Aman Shaikh, Vaidehi Sonavane, Kavita Shirsat
Computer Department, Vidyalankar Institute Of Technology, India.
ABSTRACT
E-commerce is a rapidly growing industry that has changed the way businesses operate and customers shop. Multivendor ecommerce applications have become increasingly popular in recent years as they provide a platform for multiple vendors to sell their products or services online in a single marketplace. This type of application benefits both vendors and customers by increasing brand exposure, providing a wide product selection, offering competitive pricing, and providing secure payment options. In this paper, we explore the benefits of a multivendor ecommerce marketplace application in detail. For vendors, a multivendor ecommerce marketplace application provides increased access to a large customer base, cost savings, brand exposure, efficient order and inventory management, access to analytics, and competitive pricing. For customers, it offers a wide product selection, convenience, competitive pricing, trust and security, and reviews and ratings.
Additionally, we conducted a feasibility analysis to assess the proposed system's applicability by taking various considerations into account. The feasibility study takes into account cost and benefit considerations, and models are used to concentrate effort on tasks that will yield the best results the quickest. The analysis covers specialized feasibility, operational possibilities, and financial considerations, ensuring that the system is financially viable for expansion. Inconclusion, a multivendor ecommerce marketplace application is a powerful tool for businesses looking to expand their reach and increase their sales in the digital marketplace. With its benefits for both vendors and customers, it is becoming increasingly popular and is changing the way ecommerce works. A feasibility analysis is a critical component of any proposed system, ensuring that the system is viable and has a high likelihood of success.
