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Making these decisions now will save you time and frustration in the long run. Run through these ten questions with your team when you’re getting started with a multi-vendor marketplace:
What are your goals for each phase?
Do you need to hire more team members?
What revenue model will you use?
How will you onboard and manage vendors?
What's your process for vendor payouts?
How will customers check out?
How will you handle warehousing and fulfillment?
What kind of support will you provide to customers and vendors?
How will you ensure tax compliance?
What existing tools fo you want to integrate with your marketplace platform?
