eCommerce Marketplace Solutions by Elastic Path

Elastic Path supports businesses with marketplace needs whether they want to sell into an existing marketplace like Alibaba and Amazon, or establish their own marketplace within their industry.

What is an eCommerce Marketplace?

Online Marketplaces and Enterprise Marketplaces are digital commerce platforms that showcase products from multiple vendors or sellers. The organization can sell its own products with the option of featuring third-party products.

According to a consumer survey by emarketer, about half of all searches start on marketplaces.

When done right, eCommerce Marketplaces, especially those who support a third party model, take user experience a notch above traditional digital commerce avenues. Not only are consumers able to save a trip to a physical store, but now they have a one stop shop to compare similar products without switching from site to site. This type of ease of use, convenience, and accessibility continues to attract shoppers presenting an opportunity for many brands to capitalize on.

eCommerce Marketplace Use Cases

 

Sell into an Existing eCommerce Marketplace
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  • Capitalize on a larger market by adding your products and services to an existing marketplace
  • Create customized pricing across direct channels and marketplaces
  • Capture all orders using one solution
Create Your Own Marketplace
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  • Maximize your revenue by selling and managing both your and product third-party products and services
  • Manage and collect surcharges for facilitating marketplace integrations among third party sellers
  • Integrate your preferred marketplace vendor with Elastic Path Commerce Cloud to deliver differentiated experiences with ease
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eCommerce Marketplace Benefits
Elastic Path provides unique 3rd Party Marketplace Solutions with immense benefits for websites including:
  • Increase Catalog Size
  • Experience Fewer Out of Stock Scenarios
  • Lower Fulfillment and Inventory Cost
  • Customer Loyalty
  • New Sources of Revenue
Go to Marketplace Article
Exelon Partners With Elastic Path & Mirakl to Power Energy Marketplace

"A premier user experience that is frictionless, proactive, personalized, seamless and satisfying for our customers. Along with educating customers more generally, this capability allows us to provide essential information about how a product or service can help them satisfy an energy service need. And by doing so, it allows customers to complete a transaction with Exelon with minimal friction and effort." - Exelon

Go to Exelon Case Study
Leverage Catalog Composer Now

Catalog Composer leverages the industry's only decoupled catalog architecture, originally introduced as part of Product Content Management, to empower you to rapidly compose and continuously optimize products and pricing into unlimited, unique catalogs across all your routes-to-market.

Explore Catalog Composer

Schedule a eCommerce Marketplace Demo Today

Gartner states “By 2023, 30% of enterprise marketplaces will transition into a majority third-party seller model for better profitability.”

Schedule a demo today to see how Elastic Path can fulfill all of your marketplace needs:

      -   eCommerce organizations that want to improve customer experience and/or operational efficiency

      -   eCommerce organizations that have been traditionally involved in linear selling relations with customers and want to scale the                    business

      -   eCommerce organizations that have difficulties creating new capabilities on the technical and operational sides

 

"Elastic Path At A Fortune 100"