Ants: Bangladeshi Online Marketplace Redefines its Business
Ants is a Bangladeshi eCommerce marketplace platform that allows various features for sellers to sell their products easily.
It allows the seller to manage the seller’s profile page, inventory, shipment, and much more.
Apart from that, the vendors can easily add multiple types of products under their account panel.
In their e-commerce marketplace, they provide products in various genres: fashion, electronics, home, and living, among others.
Ants aims to redefine business through its e-commerce platform for local and international sellers using Magento development service solutions.
E-commerce Market in Bangladesh
According to Statista, “Revenue in the eCommerce Market of Bangladesh projects to reach US$6,800.00m in 2024.”
“Revenue can show an annual growth rate (CAGR 2024-2029) of 12.84%, resulting in a projected market volume of US$12,440.00m by 2029.”
“The number of users is expected to amount to 15.9m users by 2029.”
“User penetration will be 10.5% in 2024 and is expected to hit 8.9% by 2029.”
“The average revenue per user (ARPU) is expected to amount to US$631.60.”
Challenges Faced by Ants.
They want to develop a vibrant and ethical online marketplace, where its customers can explore a wide range of products and its vendors can make good profits.
They also recognize the need for mobile apps. So, along with the marketplace they also want to integrate that marketplace into a mobile app.
To solve its challenges Ants contacted Webkul via UVdesk ticket support.
In this case study we will learn about the solutions provided by Webkul to Ants.
Webkul’s Solutions for Ants
After analyzing their needs and requirements, Webkul provided them with its modules as solutions for the Ants Magento 2 online store.
Magento 2 Multi Vendor Marketplace
Marketplace Multi Vendor module for Magento 2 helped them set up multi vendor marketplace.
This extension converted their online store into a multi vendor marketplace, where vendors can register themselves easily.
Through this various local and international sellers have joined their e-commerce marketplace.
Magento 2 Multi Vendor Marketplace Mobile App
Magento 2 Multi Vendor Mobile App converted their online marketplace into a mobile app.
This Flutter app allowed the customers as well as vendors to access their account panel on the go using their Android or iOS devices.
A new user can easily register and become a customer or a vendor as required.
In the mobile app vendors get a dashboard, where they can manage their products, orders, sales, etc.
In the mobile app, the customer gets a list of all the sellers, and customers can order a product seller-wise if he/she wants.
On the product page, customers get information about the product like sold by, the number of products, and the option to contact the respective seller.
Customers can easily add a product of their choice, and proceed to checkout if they want to make an order for that product.
End Note
The Magento 2 extensions were the perfect solution for the Ants’ requirement to develop an online marketplace.
Ants achieved its goal by converting its Magento 2 online store into a multi vendor marketplace and connecting with more sellers and ultimately with more customers.
Mobile app provides features like mobility and availability for their user, to use Ants online marketplace from anywhere and anytime.
With the help of Webkul, Ants is able to overcome its challenges.