Multivendor marketplaces are those where different vendors can sell their products. Amazon, Alibaba, Flipkart, etc are some of popular Multivendor marketplaces. That said creating a multi-seller marketplace is not a cake walk. There are a number of challenges involved in starting a multi-seller marketplace. The one biggest challenge is selection of technology solution to start a multivendor marketplace.
There are the couple of ways to build an online marketplace website:
Among these options, starting an online business with a readymade solution is profitable in terms of cost and time saving. For example, with the YoKart multivendor ecommerce platform you can start a website at just $999 one time payment and many advanced features.