
B2C Marketplace Software
Step into the B2C landscape confidently with Yo!Kart, the best-in-class marketplace software
Alibaba was founded in 1999 by a group of 18 people including Jack Ma and 17 friends and students. It is headquartered in Zhejiang, China and George Town, Cayman Islands. Today, Alibaba is the world's largest B2B marketplace platform. It connects businesses with manufacturers, suppliers and wholesalers worldwide. With Alibaba, businesses order products in bulk quantities and get them at a cost-effective rate. AliExpress, Taobao, Alipay, Juhuasuan, and Tmall are the top subsidiaries of Alibaba Group.
Alibaba's income derives from various sources and its revenue model is highly diversified. Its revenue channels include e-commerce, cloud computing, advertising, digital media and entertainment. Let's explore the revenue channels of Alibaba below:
Alibaba charges a commission on each transaction on the platform as a transaction fee. It is a primary source of revenue charged from merchants.
It offers advertising opportunities to sellers in order to rank their products in search.
Alibaba offers subscription-based services to businesses listed on the platform. This model offers a variety of memberships including basic, standard and Gold Supplier, with different pricing plans.
Cloud computing is another revenue generation stream that provides various services like data storage, analytics services, machine learning and many more.
Alibaba's Digital Media and Entertainment also contributes as another revenue channel through streaming platforms Youku, music streaming service Xiami and Alibaba Pictures.
Alibaba's logistics service plays an important role in its revenue generation.
Yo!Kart is a robust eCommerce marketplace solution that offers end-to-end solutions to businesses ensuring seamless user experience on the platform. Let's explore the user-level features of Yo!Kart that make it an ideal Alibaba clone script for businesses:
If you are looking for a dependable and feature-rich eCommerce marketplace solution, Yo!Kart can be your most reliable selection. Let's explore user-level features of this popular Alibaba clone script contributing to your platform's overall operations.
Building a marketplace mobile app doesn't just offer a convenient shopping experience but also contributes to a higher conversion rate. It makes buyers feel more comfortable while making purchases and initiating transactions online at their convenience.
Select your package according to your eCommerce marketplace requirements and get a license for a lifetime Yo!Kart ownership.
With a lifetime license, you will be assigned a dedicated project manager with Yo!Kart to guide you through installation and setup.
Once you are done with the installation and setup, the next step is to onboard sellers on the platform allowing them to add listings.
Now, you can launch your dream as an eCommerce marketplace platform and start generating revenue.
The front end is visually appealing, user-friendly, loads quickly, responsive across different devices, and provides clear navigation.
A user-friendly buyer dashboard that allows buyers to manage their accounts, track orders, view transactions and more a lot more.
For sellers, the seller dashboard comes with all the essential features to help them manage their listings, inventory, shipping, and much more.
The robust admin panel allows admins to control, manage, analyze and grow their marketplace by making data-based decisions.
When it comes to the B2B marketplace, the first name that comes to mind is Alibaba. It is one of the biggest marketplaces that connects suppliers with businesses across 190+ countries. Especially for entrepreneurs, it is an inspiration that encourages them to launch their own B2B marketplace. However, launching a marketplace earlier was time-consuming and expensive, but today, one can easily launch a B2B marketplace using the best clone script. Let's explore how Yo!Kart can help you launch your B2B marketplace like Alibaba:
Yo!Kart's RFQ (Request for Quotation) module allows businesses to send out requests for bids from potential suppliers. It helps buyers and sellers grab deals at the best possible pricing.
In B2B businesses, the order quantity and value are high and may require a longer timeline to complete the order. Yo!Kart's part payment option allows businesses to trade with partial payments in order to streamline orders with longer timelines.
Showing pricing may disappoint buyers on the platform with huge price differences between retailers and wholesalers. Yo!Kart's hide pricing feature provides an option for buyers and sellers to discuss pricing considering various factors. Product pricing may vary depending on order quantity, quality, and other contributing factors.
Yo!Kart's minimum order quantity feature helps sellers set the lowest order quantity that buyers can place. It saves time allowing sellers to receive order requests to the minimum number they have set in order to achieve their objectives.
Bulk order discounts are one of the crucial features of B2B marketplace places. It applies discounts depending on the order quantity and value. Bulk order discounts encourage buyers to place a maximum number of orders in order to get maximum discounts and margins.
B2B business transactions are a little complex compared to B2C. YoKart's custom invoicing feature allows businesses to meet the requirements of flexible payment terms, order quantity, tax and more.
Yo!Kart offers a lifetime license providing you with complete product ownership.
Yo!Kart provides complete source code ownership that helps businesses to control and manage their platform easily.
Yo!Kart doesn’t charge any recurring or subscription charges as it comes with a one-time payment option.
Yo!Kart is a self-hosted marketplace solution that can be hosted on your preferred server.
Marketplace owners are assigned a dedicated project manager to guide them with all their queries and concerns about solutions.
Yo!Kart is a fully customizable and scalable eCommerce marketplace solution that helps businesses align and scale platforms according to their business needs.
A first and foremost business-to-business diamond trading ecosystem that allows buyers, sellers, and manufacturers to search, compare, value, bid on, and buy polished diamonds..
An online marketplace for traveling and shopping is one of our clients that helps travelers do shopping, plan, and book trips to Alaska by connecting them with local businesses.
A P2P marketplace from Germany, it offers opportunities for crafters, artists, and small businesses to sell unique & handmade items on a global platform.
An online B2B tools and hardware-based marketplace from Georgia that operates its businesses from warehouses located in Georgia, China, and Turkey.
Kilakitu is an online marketplace backed by Yo!Kart, and based in Burundi. It gives consumers a platform to access a wide range of electronic accessories items online and deliver them to their doorsteps.
LINSTASHOP is an Algeria-based multi-vendor marketplace, it brings buyers and sellers together by offering an assortment of goods all in one place for added convenience.
There are several features required in B2B marketplace clone script including Request for quote (RFQ), part payment option, hide pricing, discount on bulk orders, minimum order limit, custom invoicing, downloadable documents, and more.
Yo!Kart is a readymade eCommerce marketplace solution that allows businesses to build and launch their B2B marketplaces like Alibaba.
Yes, Yo!Kart is a fully customizable and scalable marketplace solution.
Getting the source code of a marketplace means holding complete control over the solution. Source code ownership provides freedom to expand and scale the marketplace easily. In addition, businesses can add or remove features and functionalities as per the business's requirements.
In B2B businesses, sellers and buyers deal with bulk orders that may take longer to arrange final product delivery. Therefore, to confirm orders and start further processes, businesses initiate part payment through the partial payment options. It allows businesses to streamline processes.
However, Yo!Kart supports a part-payment option that allows businesses to trade with partial payments of a certain preferred percentage of the entire order value.
Alibaba is one of the world's largest B2B marketplace platforms. It has 8+ Million active sellers listed on the platform who connect with millions of buyers means business to trade in bulk orders. Alibaba covers a wide range of product categories.
The timeline for launching a B2B marketplace like Alibaba may vary depending on the marketplace requirements, features, functionalities and so on. However, you can launch your B2B marketplace within a week with the pre-defined features and functionalities of Yo! kart. In case, if you are looking for additional customization and unique features, the timeline can be exceeded.