For Creating a Marketplace business you have to take following steps :-
a) Get Regiter the Business
b) Set up Interactive Marketplace
c) Drafting Website Legal Terms
d) Drafting Vendor Agreements
e) Set up Logitics Services and Payment Gateway.
f) Start with Growth Marketing
a) Get Register the Business :- As a Business Register you have many option. so some option are followings –
Its a best way to start the business. you need service tax registration and open a current bank account on the name of your business and simply doing the busienss.
if you wanna introduce your product also then you need also VAT Registration i.e is must mandatory for selling products in India.
It’s a best business formation in the trend. Reason is simple you can enjoy all the company features in the lowest cost of formation but its require minimum 2 partners. But good thing about the LLP i.e is its not required any minimum capital contribution like the Pvt Ltd Company.
b) Set up Interactive Marketplace :-
c) Drafting Website Legal Terms –
d) Drafting Vendor Agreements–
Vendor Agreement is also important part because during the tie with seller you have to decide the many terms and conditions like payout policy and tax liability like VAT so it’s a better to getting Vendor Agreements.
Download the Sample Format from here- http://bit.ly/1LQDAuB
e) Set up Logistics Services and Payment Gateway–
f) Start with Growth Marketing–
Just Adpot learning attitude and learn the basic of internet marketing like SEO, SMM, Google Adwords, Faceebook Ads, Optimization of website, participate in the events so you can easily get your first customer. You can hire also the freelancers students and intern for this work.
Hope all the above things helps you. For any doubt you can drop the mail at firstname.lastname@example.org