Marketplace software solutions have been created to fulfill the eCommerce platform requirements of both the marketplace owners who are involved in multi-vendor eCommerce and the users who are trying to come up with an online omnichannel business model. Marketplace software is typically open-source and is capable of supporting personalization with no boundaries. A comprehensive eCommerce marketplace software package normally offers an entirely integrated functionality that spreads across the whole range of the transaction right from browsing through delivery and comprises inventory management, monetary reporting, and analytics.
360Quadrantshas designated some of the best marketplace software providers in the software market space. This evaluation of software providers will help probable marketplace software buyers to understand more in detail about the software and choose the most suitable marketplace software for their business. All the marketplace software providers have been systematically measured against their product offerings and business strategies and were placed on a quadrant, which is updated every 90 days. 360Quadrants also carried out a SWOT analysis to help these software providers sunders and about new opportunities and scope to improve.
Marketplace Software Companies Quadrant Positioning
360Quadrants has evaluated 11 software vendors that offer marketplace software,out of which the top 10 were placed on a quadrant under:
CS-Cart Multi-vendor, Dokan Multivendor Marketplace, and Yelohave been identified as Visionary Leaders in the marketplace software market.
ILance Auction and Sharetribe have been recognized as innovators in the market’s pace software space.
Apptha Buy Sell Marketplace Mobile App and AppDirect have been positioned as Emerging Leaders in the marketplace software space.
MarketEngine, Kreezalid, and Apptha Marketplace Software have been identified as Dynamic Differentiators in the marketplace software space.
360Quadrants sorted and assessed some of the top marketplace software providers. These marketplace software providers were assessed based on more than 80 carefully picked data pointers,which were collected after examining the product offerings and business strategies of the companies and inputs received from buyers and industry experts. All of these data pointers were given a weightage, post which the inputs were measured as well. This also helps the analysts in calculating the total score based on which the marketplace software providers were ranked and positioned on the 360Quadrant.
360Quadrants is the largest marketplace looking to disrupt USD3.7 trillion of technology spends and is the only rating platform for vendors in the technology space. The platform provides users access to unbiased information that helps them make qualified business decisions. The platform facilitates deeper insight using direct engagement with 650+ industry experts and analysts and allows buyers to discuss their requirements with 7500 vendors. Companies get to win ideal new customers, customize their quadrants, decide key parameters, and position themselves strategically in a niche space, to be consumed by giants and startups alike. Experts get to grow their brand and increase their thought leadership. The platform targets the building of a social network that links industry experts with companies worldwide.