Friday, July 6, 2018

What is a bitcoin marketplace script? Where can you get a good one?

Online Marketplaces have always been a backbone of the internet Amazon, eBay etc. The underlying principle of all these marketplaces is that they focus on promoting the ease of use on their platforms. A major part of which is enabling their customers to buy on the platform with the best possible payment methods that is available.

This is one of the key factors of customer acquisition. 

What is a bitcoin marketplace script?
A bitcoin marketplace script is a script/online marketplace software that allow you to start an online marketplace of your own for selling products (just like Amazon, eBay etc) while accepting Cryptocurrencies like Bitcoin, ether as a form of payment. Your users would pay using a cryptocurrency of their choice like Bitcoin to buy products on the marketplace. The whole process would be seamlessly integrated.

The users would pay to you, the marketplace owner, once the delivery of the product is confirmed and without any request for refund, you can pay the seller. 

Why should anyone start a marketplace with the Bitcoin Marketplace Script?

Changing with the trend and providing convenient methods of payments such as Bitcoin, Ether etc would prove to be a game changer. 

Most of these Major marketplaces that are operational are still sceptical about accepting cryptocurrency as a form of payment... Yet. 

This presents a great opportunity for those who want to foray into starting an online marketplace. This somehow would give you the edge and over time make it more comfortable for early adopters and their Friends & family to start using your platform regularly. 

Of course, a lot of factors like availability of innovative superior quality niche product on the platform, warehousing, logistics mapping & planning, deliver-ability, coverage area contribute to your marketplace's success apart from the ones mentioned earlier. 

What are some of the ideal features of a bitcoin marketplace script?
Some of the ideal features a bitcoin marketplace script should have are listed below:

- Single vendor / Multi-Vendor marketplace system. (Are you going to sell your products only or are you going to let others vendors to sell on your platform?)

- Integrated Payment gateways for accepting Fiat currencies
- Cryptocurrency payment gateway(, Coinpayments etc)
- Product management module
- Customer data management
- Products listing page
- Easy search and discover-ability of products
- Product cataloguing module
-Seller dashboard (In case of multi-vendor platform)
- A Robust admin panel to manage all products and users on the site.
- Revenue management
- Shipment tracking
- Mobile apps.

Where can you get a Bitcoin marketplace script?

At present, there are only a handful of Bitcoin marketplace scripts available on the market. Some of them are:

Multi-Vendor Bitcoin Mart
An open source multi-vendor bitcoin marketplace script that allows you to start an Amazon like site and it's free.

Bitcoin Marketplace Script
As plainly as the states, Bitcoin marketplace script offers a single vendor and multi-vendor marketplace script separately. 
All it's offering are up for purchase and most features are available, but as always please do a thorough research and make an informed decision. 

We will keep updating this post as an when a new product comes out. Meanwhile, If you do come across any other platform, let us know in the comments. 

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