Hyperlocal marketplaces have been disrupting the ecommerce sphere with their wide acceptance and profitable business model. However, finding the right solution to build, run and grow a hyperlocal marketplace is quite difficult. To make an informed decision and choose the best fit hyperlocal marketplace software for your brand you need to understand the requirements, features, modules etc. that will help you build a disruptive business. StoreHippo compiles a comprehensive guide to get you started with your hyperlocal marketplace.
Check out a complete guide that explains everything you need to know before setting up your own hyperlocal marketplace.
2. What is a Hyperlocal Marketplace?
A hyperlocal marketplace is an online multi vendor marketplace catering to a small geographic location.
These marketplaces usually deliver:
Everyday
essentials
Groceries
Over the counter
medicines & health
products
Safety and hygiene
products
Food items
etc.
Popular hyperlocal marketplaces in India are BigBasket, Zepto, Swiggy Instamart, Urban Company, etc
3. How does the Hyperlocal Marketplace work?
Build the hyperlocal
marketplace brand’s
website and apps
Onboard Local stores
and sellers
Sellers upload their
inventory
Customers check
location-based inventory on
site or app
Customers choose
the desired products
and pay for them
The orders are directed to
the sellers nearest to the
customer location
Order is packed and
handed over to
delivery agents
Delivery agents
check order and delivery
details on app
Order is delivered
quickly to the
customers’ addresses
4. Scope for quick brand popularity
by word of mouth promotion
from happy customers
A cost-efficient solution to
leverage your dealer/partner
network without setting up
warehouses
Easily manage multi-level
dealers, vendors, delivery
boys etc.
Easy to scale to new geo
locations by onboarding
local stores as vendors
Quickly add new product
lines by onboarding new
vendors
Get better conversions
with a fast delivery option
Better marketing ROI by
offering personalized,
location-specific deals and
discounts
Get valuable customer data
to plan strategic business
and marketing moves
Benefits of
Hyperlocal
Marketplace
What are the benefits of building a Hyperlocal Marketplace?
5. How to build a Hyperlocal Marketplace?
There are two ways to build a hyperlocal marketplace
Built from
Scratch by hiring IT
professionals
Go for a hyperlocal
marketplace software with
360° solutions
A customizable hyperlocal marketplace platform reduces the development time
and helps you build your marketplace in record time
6. Multi store feature
to set up location
specific stores
Inbuilt mobile
solutions to leverage
mobile commerce
Seamless integration
with location and
route-tracking software
Detailed vendor
management
solutions
Multilingual
website building
solutions
Inbuilt delivery boy
solution to manage the
fleet of delivery boys
What are the must-have features to build a successful
Hyperlocal Marketplace?
7. Complete
control to the
admin
Easy integrations with
chosen software &
service providers
Inherent scalability
to accommodate
business growth
Separate logins and
dashboard for vendors
and delivery boys
Inbuilt solutions for
running the hyperlocal
business
Flexibility to implement
changes at the backend
as well as the frontend
What are the must-have features to build a successful
Hyperlocal Marketplace? (cont.)
8. Build your Hyperlocal Marketplace website with StoreHippo
What you get with StoreHippo hyperlocal marketplace platform:
MACH Architecture
to build agile and
cutting-edge
hyperlocal solutions
Inbuilt mobile apps for
customers, vendors,
delivery boys and
Admin(s)
Tailor-made
solutions with easy
and extensive
customizations
Inherent scalability
to grow to new
markets
Have a custom requirement? Want to build a disruptive hyperlocal marketplace model?
Don’t wait to roll out your dream project, get started right away!
9. Start your 14-days FREE Trial
OR
Book a Demo
Email: reachus@hippoinnovations.com
www.storehippo.com
Best SaaS-based Ecommerce
Marketplace Solution for Businesses