One of the World's Largest Brewers Trust Yo!Kart for Its B2B Marketplace Setup.
The Telegraph Says
Digitization is doing things that were unimaginable for B2B commerce a decade ago. There are many challenges that B2B companies can solve by investing in online marketplaces. Yo!Kart identified the future need a decade ago and started building marketplace solutions for various niches, in both B2B and B2C segments.
Key B2B eCommerce Features Offered By Yo!Kart
Yo!Kart is a highly customizable and scalable online B2B eCommerce platform. Some of its key features include:
Bulk Price Discounts
Bulk price discount is a major feature of B2B eCommerce. They encourage higher order value and help build customer loyalty. Bulk price discounting is a standard feature in Yo!Kart.
Minimum Order Quantities
Setting minimum order quantities on all or part of your products is crucial for making profits and maintaining margins in B2B eCommerce. This feature can be used easily in Yo!Kart.
Buyers may want to repeat the same order they placed in the past and here the One-Click Re-order option comes in handy. Get this essential eCommerce marketplace feature in Yo!Kart multi- vendor software.
Multiple Payment Gateways
Yo!Kart offers standard integration with dozens of popular payment gateways with the scope of adding more using third-party integrations.
Real-time Inventory Updates
Yo!Kart marketplace software facilitates better inventory management by offering real-time inventory updates. This feature keeps the vendors informed about the current availability of stock and helps them list their products accordingly.
Vendor Subscription Plans
Yo!Kart marketplace owners can create customized subscription plans. This enables them to collect a monthly fee from vendors in addition to the commission for listing their products.
Powerful Request For Quote (RFQ) Module For Your B2B Marketplace
Yo!Kart B2B eCommerce platform comes with a robust RFQ module to streamline price negotiation between users (buyers and sellers) on the marketplace. The seller can easily toggle between Buy Now and RFQ option under store-level configuration.
The RFQ module enables buyers to share additional requirements such as capacity, product quantity, delivery date, and address to the seller. It streamlines the B2B marketplace workflow, encouraging buyers to interact with sellers. This helps a business in achieving transaction goals.
Here are some of the essential activities that the user can perform with the Yo!Kart RFQ module:
- A user has the option to Accept, Reject or place a Counter offer with Negotiation on the submitted quotation
- Once the user accepts the quoted price, the order status is changed to Confirmed and accepted
- Re-quote option is available for the Buyers to re-quote on the Quotation
- Quote Validity (in days) is applied from the Seller side when submitting a Quotation
- Once the payment is confirmed, a Seller can change the order status to Quality inspection and upload Inspection reports for the Buyer
- Provision for a Seller to upload certificates while submitting a first time Quotation on the Buyer's requirement
- Buyers can make Partial payments (Upfront & Final) to place an order
- Invoice and payment link is sent to the buyer's email address, once he/she makes a purchase request. This payment link redirects the buyer to the relevant gateway option based upon the delivery address and has a fixed validity.
- A Seller will only process an order once the Full payment is received from the Buyer
Robust B2B Marketplaces Powered by Yo!Kart B2B
B2B Liquor Selling Marketplace for a Fortune 500 Firm
A global brewery leader with a presence in 100+ countries collaborated with our team to start an online B2B liquor marketplace. We delivered a B2B liquor marketplace that offers fair prices to end customers like mom & pop stores, small beer cafes and more.
UNI - Diamond Trading Gone Digital
The Yo!Kart team was behind the development of UNI - the world's first professional diamond B2B trading platform. UNI offers a B2B ecosystem for vendors and buyers while adhering to the best practices in the diamond trade industry.
Bozinga - B2B Wholesale Marketplace For Distributors and Manufacturers
Powered by Yo!Kart B2B, Bozinga is an online wholesale marketplace with more than 500 categories/sub-categories. It enables users to buy/sell from manufacturers and distributors worldwide. The marketplace has a unique RFQ module to facilitate interaction and price negotiation.
Minimum Viable Product (MVP) For An Online Marketplace
You can start small by taking a conservative approach and opting for an MVP. It is a minimalistic version of your B2B eCommerce marketplace. An MVP enables you to gauge the response of your target audience and pinpoint the flaws that could be detrimental at a later stage.
At FATbit, we develop data-driven online marketplace solutions to help our clients establish a strong market presence. We offer the best set of features at competitive pricing.
Our solutions deliver the perfect price-to-functionality ratio and this enables our clients to test their online B2B marketplace idea in the real world at an affordable price.
Clients' Testimonials that Depict our Commitment to Success
I am very impressed and grateful to work with Yo!Kart. All of my demands have been met and have exceeded expectations. We have developed a very good professional relationship throughout my time working with team Yo!Kart. Everyone I've worked with has been pleasant and professional. There is a lot of attention to detail when it comes to the work they do.
Yo!Kart - the best decision we made for our business. Yo!Kart allowed us to create the multi-vendor marketplace we needed for our company. Yo!Kart was the only solution with all the features we needed for our multi-vendor marketplace. Alternatives Considered - Dokan, CS-Cart Multi-Vendor Marketplace Platform, CedCommerce Magento 2 Apps and WordPress. It has very important features no one else has. these features will allow us and our sellers to generate more revenue.
The system is very versatile and enables you to customize your settings to your required needs. They offer extensive assistance and support. We have launched a fully functional online marketplace for our country and community enabling them to buy and sell online with ease. This is an excellent stride for a small country like Namibia.
Created a brand new racing memorabilia marketplace and we were up and running quickly. Overall working with Parul and the team has been wonderful. Reasons for Choosing Yo!Kart: Quick implementation, lower costs, ability to customize product to meet our requirements! Absolutely great team to work with.
Within one week of launching the website, the company onboarded two restaurants. The team efficiently managed the workflow and communicated in Google Chat. Above all, they impressively fulfilled each requested feature, which enabled the company to save time and effort.
The amount of features especially for a B2B Marketplace. We found no marketplace framework or software which offers more features for this price than yokart - and it was very easy to install. The service team is great and helps a lot!
Very responsive support during website setup and excellent after-sales service. The platform was everything I expected and the setup itself was quite easy. Everything they said they would do they did and delivered on time. I can relax knowing that my startup is setting off on a good solid foundation.
Overall, I have been very impressed with Yo!Kart. Upfront, the cost seems more than their competitors, but it's a one time cost, as opposed to a subscription model, so after about 2 years with the subscription of their competitors, it will be cheaper, and over the next 20 years, it's a fraction of the cost of their competitors. The possibility to customize, and even hire them to do the customizations, has been the biggest selling point for me.
The system brings in everything we have been looking for an Online Marketplace, both on the front end & back end. A great all-round system.
The software offers nearly everything to start a successful marketplace. Support by the FATbit team is very good and they react really quick. Lovely design in the standard. Easy to understand backend for admin, sellers and customers. Customizations, translations and more can be done by the admin himself.
It was fun working with Yo!Kart team. They are very supportive and I received quality work from them. Whenever I needed some support, the team was always there to assist. Will definitely work with them for my future projects.
I would highly recommend Yo!Kart for your project's needs. They focus on building excellent products that leave a lasting impression. I cannot thank Yo!Kart enough for all the help and support.
2 months of research, trial, and error tested Magento, OpenCart, Woocommerce and different platforms, then we found Yo!Kart, and for sure we weren't wrong. Everything you need to operate a multivendor multilingual multicurrency eCommerce marketplace is there.
Flexibility of product to customize according to business requirements. Good support team. Excellent understanding of technical requirements of clients.
I love the platform , I like the customer service and they always help in any question that I have.
Yo!Kart/FATbit provided me a ready made platform that suited my needs as having a little knowledge in the IT background. If anybody have business idea but no knowledge of IT then the platform is perfect for those people would like to invest and develop their business.
The team has been very efficient in their support. Their expertise is outstanding. 1-year technical support was one of the factors and design of the GoQuick package. In our opinion, the GoQuick package is more user-friendly than the competitors even if it did take some time to get used to. I appreciate that I was able to make changes to suit my requirements while giving me the option to include all of the functions at a later stage. Also, I am very happy with the marketing work that has been done.