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Mirakl vs Yo!Kart: The Best Multi-vendor Marketplace Software

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Mirakl vs Yo!Kart: which eCommerce software is best to launch my multi-vendor marketplace platform? 

In general, it’s a query. However, for those who want to launch a multi-vendor marketplace, the selection of the right solution is significant. The success of their marketplace lies in the answer. 

Entrepreneurs and business owners often get stuck when it comes to determining the best eCommerce software to launch a marketplace. Therefore, to help them decide on the best multi-vendor marketplace software between Mirakl and Yo!Kart, we have crafted this insightful blog considering various factors, requirements and use-cases. 

Most importantly, it covers marketplace features, functionalities, pricing, ease of use, flexibility, scalability, control and much more. To be honest, the motive of the blog is to provide you clear information on both the eCommerce Marketplace software. Therefore, before you decide to launch your multi-vendor marketplace, spare some time and explore which software can be the best fit for marketplace requirements. 

These clear comparisons between Mirakl and Yo!Kart will surely help in selecting the right platform for your purpose.

What is Mirakl?

Mirakl is a SaaS-based (Software-as-a-Service) solution that allows businesses to launch and manage their online marketplaces. It can be the eCommerce software for enterprises and retailers looking for a scalable solution. It allows businesses to expand their offerings by integrating with third-party api’s. However, the dependency of Mirakl on third-party integration is more and it may not be the right selection for startups or SMEs who are looking for a cost-effective eCommerce software.

What is Yo!Kart?

Yo!Kart is a popular self-hosted multi-vendor marketplace software. This readymade software is designed for businesses of all sizes, including startups, SMEs and enterprises. They can easily manage and grow their online marketplaces with Yo!Kart. It supports all essential features and integrates with third-party tools to help businesses build a fully functional and feature-rich platform. For businesses looking to build a feature-rich marketplace using readymade software, Yo!Kart can be an ideal option. 

Hosting Type: Mirakl (Hosted) vs Yo!Kart (Self-Hosted)

Hosting a marketplace means storing, accessing and managing your platform or its data on a server using the internet. In the context of Mirakl as a hosted software and Yo!Kart is a self-hosted software, you need to have more clarity. Let’s discuss the advantages and disadvantages of hosted and self-hosted platforms in the table below: 

Factors SaaS-Based Software Self-Hosted Software
Costing Higher (In Long Term) Lower (In Long Term)
Setup and Installation Loging Access Required Software License Required
Software Hosted on Common/Shared Server Preferred/Private Server
Control Over Platform Limited Complete
Source Code Ownership Unavailable Available
Customization Limitations Fully Customizable
Scalability Depends on Packages Fully Scalable
Data Control Limited Complete
Data Security Limited (As it’s hosted on a shared server) Highly Secure(As it’s hosted on a private server)
Recurring Costs Monthly/Yearly Zero

Build a Marketplace Using Self-Hosted Software

Explore the Advantages and Disadvantages of SaaS-Based Software (Mirakl)

Mirakl (SaaS-Based): Mirakl is a hosted software that doesn’t require a server to host the platform. You simply need login access to make the marketplace operational. Initially, it requires no expenditure. However, the software provider can charge additional fees for servers, data storage, upgrades and other services. 

Advantages of SaaS-Based Software

  • No initial server is required to host the platform.
  • The initial cost is lower than a self-hosted software.
  • You can quickly set up your marketplace simply by getting login access. 
  • Automatic upgrades and security. However, it depends on the software provider. 
  • The software provider takes care of the security, maintenance and other aspects. 

Disadvantages of SaaS-Based Software

  • You didn’t get control over the server.
  • Limitations on configuration and customization.
  • Hosting is shared and that may increase the chances of security threats. 
  • Scalability can be restricted by the pricing tiers. 
  • Recurring charges are required, whether monthly or yearly. Also, recurring-based pricing models are always expensive in the long run.  
  • Your valuable data is stored on a third-party server that can pose a threat to your data privacy. 
  • Your data can be made insecure by unauthorized access. 
  • Your marketplace can face downtime in case of connectivity problems on the server side. 

Explore the Advantages and Disadvantages of Self-Hosted Software (Yo!Kart)

Yo!Kart (Self-Hosted): Yo!Kart is a self-hosted software that offers complete control over the platform. As the solution is hosted on your preferred server, you get complete control over the data, security, performance, customization and scalability. 

Advantages of a Self-Hosted Software

  • The software allows you to host the platform on your preferred server.
  • Data is stored on your private server and its security belongs to you. 
  • Self-hosted software offers you complete control over the marketplace. 
  • You can easily customize your platform without any restrictions. 
  • Lower long-term costs as you only pay a one-time license fee.
  • You can modify and expand your marketplace to meet your growing business’s needs. 
  • You can extend features and functionality by accessing the source code as you get source code ownership with self-hosted software. 

Disadvantages of Self-Hosted Software

  • You need a server to host your platform on a private server. 
  • Initial cost can be higher compared to a hosted platform.
  • Setting up the platform requires a bit of effort. But nothing to worry about as the software provider takes charge. 
Highlight: Being a self-hosted platform, Yo!Kart offers more control and flexibility. On the other side, Mirakl’s SaaS model offers convenience at the cost of additional expenses. 

Mirakl vs Yo!Kart: Breaking Down the Essential Features

Features are important aspects when comparing two marketplace software. They directly influence the user experience, functionalities, performance, customizability, scalability and other additional capabilities.

However, Mirakl and Yo!Kart both are multi-vendor marketplace software and support a range of features to launch and manage online marketplaces. The primary differentiator is that Mirakl focuses only on complex business needs and Yo!Kart caters to the diverse needs of businesses of all sizes including startups, SMBs and enterprises. Let’s breakdown the features list of Mirakl and Yo!Kart in the table below: 

Feature Mirakl Yo!kart
Multi-vendor Support
UX/UI Challenging User-Friendly
Admin Dashboard
Seller Dashboard
Buyers Dashboard
Payment Gateways Not Specified 20+ 
Product Catalog
Data Import/Export
Reporting and Analytics
Customization Limited Unlimited
Scalability Required Significant Investment No Investment Required to Scale
Affiliate Module X
Multi-Lingual
Tax Management Integration Required In-built (Pre-integrated)
Multi-Currency Support
Mobile Responsive X
Abandoned Cart
Promotional Features Required Addon In-built
Learning Curve Tough Easy
Shipping Management
Multi-User Support
Time To Launch Marketplace May Required Weeks /Months Within a Few Days 

Highlight: While Mirakl is limited in customization, requires significant investment and depends more on third-party tool integrations,  Yo!Kart is cost-effective and comes with more comprehensive features tailored for diverse business needs. In addition, its robust marketing tools and customization flexibility also help it stand ahead of the competition. 

Explore the Out-of-the-box Features of Yo!Kart

Pricing Model: Recurring (Mirakl) vs One-time (Yo!Kart)

The debate between the one-time pricing model and the recurring pricing model always comes up. People often get confused between these two pricing models. Initially, the recurring model seems cost-effective, but in the long run, it becomes expensive. On the other hand, the one-time payment model seems higher initially, but again, it saves money in the long run. Now, the debate is still on which pricing model one should choose. Let’s help you be clear and confident on selecting pricing model between recurring and one-time: 

Recurring Pricing Model (Mirakl): It’s a subscription-based model in which you have to pay monthly or yearly subscription fees. Also, packages may be higher than expected depending on your marketplace model, requirements, growth and other factors. 

However, Mirakl hasn’t disclosed its pricing model anywhere officially. Therefore, the entire comparison will be based on general market stats and subscription charges that a SaaS-based company often charges. 

One-time Pricing Model (Yo!Kart): In this pricing model, you only make a one-time payment for the software. Rest assured that you hold complete product ownership, including access to all the features and functionality. In a one-time pricing model, there is nothing like you have to increase fees or need to pay extra with your growing business. 

Let’s make it more visible to you in the comparison table below:  

Suppose you are paying a monthly subscription fee of $100 per month which is the minimum for any marketplace subscription with required essential features, including all additional charges. 

Platform Cost You Today After 5 Years After 10 Years After 20 Years
Subscription-Based Software $100/Month(Minimum) $6000 $12000 $24000
Yo!Kart(One-time purchase for lifetime access) Starts at $499 $499 $499 $499

However, $100 is the minimum; the most popular software with a recurring pricing model, Shopify, has an advanced package starting at $399, which is similar to Yo!Kart’s package available at $999. In addition, Yo!Kart’s pricing can also vary depending on your marketplace requirements, such as mobile apps, mobile app source code, or custom requirements. 

Table Considering $399 Per Month for the Advanced Package Similar to Yo!Kart $999

Platform Cost You Today After 5 Years After 10 Years After 20 Years
Subscription-Based Software $399 $23940 $47880 $95760
Yo!Kart $999 $999 $999 $999

Learn more about Yo!Kart’s packages, pricing and offerings.

Highlight:  According to the above two comparison tables, Yo!Kart’s one-time pricing model offers a significant cost advantage over a monthly subscription-based software model, particularly for businesses looking for long-term affordability. In addition, you can predict your expenses associated with the platform, which seems relatively impossible to calculate with subscription-based marketplace software. 

Mirakl vs Yo!Kart: Which Platform Offers More Flexibility and Control?

When someone looks for more flexibility and control in a multi-vendor marketplace software, it means how much you can customize your platform, whether it is compatible while scaling with your growing business or not, and whether the software is free to integrate third-party apps or tools and more. Let’s explore them separately: 

  • Mirakl: Being a SaaS-based marketplace software, Mirakl may be restricted with additional customization. You can only make limited customizations that are initially allowed with the solution, as you don’t get access to the source code and can’t configure the server. In addition, scalability also depends on the software provider. You can not grow your platform with your growing business’s requirements with the same packages or as you want. 
  • Yo!Kart: It is a self-hosted multi-vendor marketplace software that gives you complete control over the solution, including source code. As you hold the source code ownership, you can easily customize, scale and grow your marketplace according to your personalized requirements by accessing the code. In addition, you can craft customized features, modify the design, and integrate third-party tools seamlessly. In short, you get full freedom and control over your marketplace. 
Highlight: Being a SaaS software, Mirakl has inherent limitations. On the other hand, Yo!Kart offers complete control and flexibility over your marketplace platform, as you can access and customize the source code according to your business’s specific needs. 

Mirakl vs Yo!Kart: Dependency on Third-Party Integrations

Before we proceed with the dependency of Mirakl and Yo!kart on the third party integrations, let’s understand the need for them. 

Third-party integrations act as bridges in a marketplace software. They allow the marketplace to enable external services and functionalities using third-party tools and applications. It enhances user experience, extends functionality, streamlines operations and so on. Using third-party tools, you can easily process complex tasks with ease. In addition, you don’t need to develop features from scratch; through third-party integrations you can enable them. 

However, third-party integrations are only required if in-build features are not available. Otherwise, there is no need for additional integrations. 

Now, let’s get back to the Mirakl and Yo!Kart!

  • Third-Party Integration in Mirakl: Mirakl requires integrations to connect with various third-party services. Therefore, it allows third-party integration for lacking features and functionalities. However, the complexity of these integrations can be a challenge, especially for businesses that lack technical expertise.
  • Third-Party Integration in Yo!Kart: Yo!Kart’s in-built features reduce dependency on third-party tools. Yet, it allows third-party integrations. You can seamlessly integrate and connect the platform with various tools and third-party applications to enable additional out-of-the-box services. In addition, to provide ease of payment, order fulfillment and more, Yo!Kart comes with all the necessary pre-integrated APIs and tools. 
Highlight: Both the software allow third-party integrations. However, Yo!Kart’s dependency is less on third-party tools like Mirakl, as it supports all the essential features and functionalities.  

Mirakl vs Yo!Kart: Reviews and Ratings on Different Platforms

Checking reviews and ratings is always crucial before you decide to purchase something online. The same statement is aligned with the multi-vendor marketplace software. There are several trusted sites where you can check reviews and ratings of the software such as Software Suggest, Goodfirms, Capterra and G2. Let’s check the reviews and ratings of both the platforms and get insights on what the real-world users say and how much they have rated them: 

Platform Mirakl’s Ratings Yo!Kart’s Ratings
Software Suggest 4/5 4.8/5
GoodFirms No Ratings 4.8/5
Capterra 4.5/5 4.2/5
G2 4.2/5 4.6/5

Review for Yo!Kart’s Features and UX/UI:

Reviews on G2

Reviews on G2 for Mirakl’s Feature and UX/UI:

Review on Capterra for Mirakl’s Customer Support 

Review on Capterra for Yo!Kart’s Cost-Effectiveness: 

Why Choose Yo!Kart to Build Your Multi-Vendor Marketplace 

Yo!Kart was launched in 2015. Since then, this readymade marketplace software has empowered thousands of global businesses. With the determination to stay ahead of the competition, Yo!Kart team has introduced one version after another with more advanced features and functionalities, reaching its latest version, 10.2.0. Furthermore, Yo!kart has also launched its buyer’s mobile applications for Android and iOS which is another advantage of choosing Yo!Kart as your multi-vendor marketplace software over Mirakl.

If you are looking to start a feature-rich multi-vendor marketplace then Yo!Kart can be an ideal choice. It is the most scalable marketplace software that allows you to extend your platform with your growing business’s needs. In addition, being a self-hosted eCommerce software, it offers source code ownership that leverages complete control over the marketplace. Regardless, you should also get to know about a few more advantages of Yo!Kart, let’s explore them below: 

What Additional You will Experience with Yo!Kart

  • Cost-Effectiveness: With Yo!Kart, you don’t need to pay recurring or subscription fees. You get lifetime software ownership at just a one-time payment. 
  • Ownership and Control: Unlike SaaS-based solutions, you don’t just gain limited access but Yo!Kart provides complete ownership of the software, including its source code.  
  • Fully Customizable: This multi-vendor marketplace software is 100% customizable. You can easily customize it by accessing the source code. 
  • Easily Scalable: Unlike other SaaS-based solutions, you don’t need to be dependent on the software provider to scale your platform. You hold the source code ownership which means you can grow your platform with the growing business’s needs. 
  • Native Mobile Apps: Yo!Kart’s buyer’s mobile apps not only help in enhancing the buyer’s experience but also help the marketplace generate more revenue by offering the convenience of online shopping. 
  • Responsive Layout: This multi-vendor marketplace software seamlessly adjusts to different devices with different screen sizes to ensure smooth navigation and an enhanced user experience.
  • Pre-Integrated Marketing Tools: Yo!Kart comes with pre-integrated advanced SEO and other marketing tools that enable you to reach out to more potential customers. 
  • 20+ Payment Gateways: To offer the convenience of online payments, Yo!Kart comes with 20+ pre-integrated payment gateways that allow customers to make payments using their preferred options. 
  • Multi Lingual & Multi Currency Support: Yo!Kart supports multi-lingual and multi-currency transactions that break all barriers and help you expand your business worldwide. 
  • Free Technical Support: With Yo!Kart, you also get free technical support for any unexpected bugs and errors associated with the software. In addition, you are also assigned a dedicated project manager to guide you through your journey with Yo!Kart. 

Launch a Fully Customizable and Scalable Multi-Vendor Marketplace

Final Thought

The selection of the right multi-vendor marketplace software is crucial. In this blog, we have discussed two well-known eCommerce software considering various aspects. Now, it is expected that you must have some clarity on the best multi-vendor marketplace software to kickstart your eCommerce journey. 

However, both platforms are feature-packed and powerful and can also help you launch a fully functional and operational multi-vendor marketplace. But while selecting any one in these two, Yo!Kart could probably be the first choice. 

However, not because Yo!Kart is cost-effective and comes with more features compared to Mirakl, but it also offers more control over the platform than Mirakl. In addition, source code ownership, flexibility in customization, scalability and others are key differentiators while declaring Yo!Kart is a clear winner. 

FAQs

Q 1. What is the main difference between Mirakl and Yo!Kart?

Ans. The Pricing model is the main difference between Mirakl and Yo!Kart. Mirakl is a SaaS-based software with a recurring pricing model. On the other hand, Yo!Kart is a self-hosted software with a one-time license fee.

Q 2. Which platform offers more flexibility?

Ans. Being a self-hosted eCommerce platform, Yo!Kart offers more flexibility and control over the software. In addition, it also provides source code ownership which directly gives you access to the source code, leveraging more flexibility as compared to Mirakl or any other SaaS-based solutions. 

Q 3. Which platform is more cost-effective, SaaS or Self-hosted?

Ans. In one statement, Self-hosted software is cost-effective in the long run as it charges one-time license fees and has no recurring charges. 

Let’s make it clear to you. Initially, a SaaS-based platform offers a recurring pricing model which means you need to pay monthly or yearly subscription charges that may be higher in the long run. However, you can clearly see the price differences in the comparison table below:

Table considering $100 per month for SaaS and $499 one-time payment for self-hosted

Platform Cost You Today After 5 Years After 10 Years After 20 Years
Subscription-Based Software $100 $6000 $12000 $24000
Yo!Kart $499 $499 $499 $499

Yo!Kart is a self-hosted platform available at a one-time payment option starting at $499. 

Q 4. Which platform is best to start a multivendor marketplace?

Ans. Yo!Kart is one of the best choices to start a multi-vendor marketplace. This readymade software accelerates the time-to-market by helping you launch your platform in a few days. Being a self-hosted software, Yo!Kart offers complete control over your eCommerce platform which is ultimately limited with any SaaS-based solution like Mirakl. In addition, with Yo!Kart, you get source code ownership which is also a significant advantage of this popular multi-vendor marketplace software. 

Q 5. Which is more cost-effective, Mirakl or Yo!Kart?

Ans. Mirakl is a SaaS-based solution that ultimately requires recurring charges. On the other hand, Yo!Kart available at a one-time payment option for a lifetime license that requires no recurring, subscription or transactional charges. 

However, the upfront cost of SaaS-based solutions can be lower, but due to recurring subscription fees and other transactional charges, the cost in the long run can be unexpected and higher. Exactly the opposite, Yo!Kart’s one-time payment model seems higher for a few months but is more cost-effective in the long run.

The final verdict is, Yo!Kart can be more cost-effective than Mirakl in the long run.

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