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Forums Forums OroCommerce B2B Marketplace

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  • #31383

    Lotus Tech
    Participant

    Hi,
    Do OROCommerce support B2B Marketplace where manufactures/suppliers setup their web-store and sell their products?

    Thanks
    -Lotus

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  • #31384

    Anonymous

    Hi Lotus, thank for your inquiry. We get this question a lot and we see the opportunity.
    As of now, many of the B2B features available in OroCommerce such as requests a quote, submit proposal, multiple organizations, multiple catalogs, etc also serve the needs of a market place. We do not have all the capabilities needed (this obviously can vary form case to case) such as multiple vendors longing in to the admin consul and each managing its own catalogs and price lists etc. Saying that, this can be achieved with customization by a small team that has the technology skills. this customization should not be a heavy lifting but will require work pending your specific requirements.
    As I said, we see a market place as a huge opportunity and the needed features are on our road-map
    Do you have a project that you are working on? if so contact us directly https://oroinc.com/b2b-ecommerce/contact-us so we could help

    Thanks

    #31385

    Lotus Tech
    Participant

    Is there any roadmap when complete marketplace version will be released? Customizing existing features to marketplace may not be good in long run.

    #31386

    esraakassem1991
    Participant

    How to Have Trading Patience and Competitive Advantage?
    It only makes sense to want to make profit as soon as possible, but, as life teaches us, improving the present is the core of improving the future.

    Believe it or not, companies like amazon.com spent nearly 20 years without making profit! Sounds mind blowing, but is actually true.

    You don’t necessarily have to wait that long; furthermore, you don’t want to experience the wrong type of waiting, which turns to be a true waste of time.

    The following tips from Irene Gillespie and Adam H Grimes will help you practice patience while making the most of every single moment you have:

    Patience when buying:
    Yes! It is appealing to make an executive buying decision once the price seems to be just right. But come on! You are better than that! With mild experience in trading, price is surely not everything. It is true that every now and then you find that angelic buying deal in the first search attempt, but that is not always the case. And no, quality is not what I’m talking about either. Actually the component that might be overlooked by new businesses is the actual need to make a buying decision for the time being or not. You do not need att all, not a single bit, to buy merchandises or materials you cannot get out of your inventory, even if both price and quality are astounding.

    Patience to make sure you have an edge (competitive advantage):
    In short, you don’t stand a chance if you don’t have an edge. Even though it only makes sense for a trader to carefully do the necessary work and research to have a solid justifiable reason to risk their money in the market, unfortunately that doesn’t always happen. You don’t have any reason whatsoever to risk money or time until you’re sure you have a concrete edge. An edge isn’t simply a seemingly cool idea from a chat or an ability to sort out good products. You need to have good data tested over a period of time to make sure you have tangible competitive advantage(s).

    Patience in trading itself:
    Only those who do the trades feel how psychologically stressful it can be. You may have a plan, know what to do with it, and in which market it is going to be executed. You may even write it down and review it over and over again with adequate resolve to precisely follow it. However, when the opportunity to make an entry doesn’t come in time, you may find yourself out of the blue involved in another trade in an unrelated market.
    The simple patience to wait for the right entry to develop is truly an essential skill in trading. It takes discipline, time, and effort to grow the necessary skill and experience to waitt with sagacity; however, having this concept in mind shall shorten the path to the right extent.

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