CostpriZe - Unified Omni-Commerce Platform

MARKET.place

AI (Artificial Intelligence) Driven E-Marketplace Technology Platform for Retailers

"Power of the group" is an immeasurable advantage that aggregating platforms like marketplaces offer to their sellers.

The key responsibilities for the success of the marketplace such as marketing / customer acquisition / expansive product catalogue / smooth user experience / auotomated payment settlements / logistics-as-a-service ..etc are all pre-built offerings within the marketplace thus unshackling the sellers to just focus on sales and deliveries.
The fast-gaining digital retail transformation trend is the creation and introduction of vertical marketplaces. A vertical marketplace could be domain specific or geography specific or both. MARKET.PLACE is our Marketplace technology platform which has Artificial Intelligece (AI) driving critical capabilities such as autonomous marketing and customer acquisition. MARKET.PLACE offers the following 3 marketplace retail operating models.


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Regular / Open Retail Marketplace

This marketplace technology solution suits businesses who intend to create a virtualized "endless aisle" for consumers. The products and/or services available within the marketplace will be expansive in range. Seller identities will be largely anonymized to ensure their broad reach of service. Buyers will purely focus on their purchase needs versus having to factor in the availability of products (and presence of sellers) within their delivery vicinity.

Marketplace eCommerce - Full-fledged eCommerce platform with role (owner, seller) based controlled access to pertinent capabilities

  • Master Product Catalog - Available for seller inheritance
  • Flexible and vast range of payment methods
  • Multiple currency and multiple locale support
  • Shipping rate calculation engine
  • Promotions engine
  • Inventory management
  • Order management
  • Shipment management
  • User management
  • Social Media Integrations

Artificial Intelligence(AI) powered Retail Intelligence -

360 degree analyzed data across all facets of marketplace commerce. This AI driven retail intelligence module has unmatched analytical and recommendation capabilities bringing forth immeasurable value to sellers and marketplace owner alike.

  • Sales Intelligence and Recommendations
  • Sales Forecasting - Machine Language (ML) driven forecasting of sales
  • Customer Behavioral Analytics and Recommendations
  • Social Commerce Analytics
  • Shipping Intelligence and Recommendations
  • Product Recommendations
  • Proactive SLA monitoring of orders and shipments and autonomous escalation execution

KYV (Know Your Vendor) -

  • Immutable/Secure authentication of sellers
  • Fully automated validation workflow
  • Ensures that only eligible sellers gain entry into the marketplace

Seller Central - Control center where sellers

  • Manage inventory
  • Manage promotional offers and discount
  • Configure taxes and surcharges
  • Manage orders
  • Manage shipments
  • Fully automated payment settlements
  • Fully automated cancellation and refund enforcement
  • Dispute remediation capabilities

Sustained Customer Engagement

Hyper-local Retail Marketplace

Hyper-local Retail marketplace technology solution suits businesses who intend to bring the "proximity" convenience to consumers.
The products and/or services available within the marketplace will typically be of "quick need" nature. Seller identities will be strongly promoted to establish the hyper-local recognition and trust between consumers and sellers. Buyers are assured of short-cycle delivery SLAs and optimum quality of delivered products.

Hyper-local Marketplace eCommerce - Full-fledged Hyper-local eCommerce platform where each capability is made "proximity" sensitive

  • Automated shortlisting of sellers based on the shipping location of the consumer
  • Sellers control the "serving distance" that defines their order acceptance preference
  • Master Product Catalog - Available for seller inheritance
  • Flexible and vast range of payment methods
  • Multiple currency and multiple locale support
  • Shipping rate calculation engine
  • Promotions engine
  • Inventory management
  • Order management
  • Shipment management
  • User management
  • Social Media Integrations

Artificial Intelligence(AI) powered Retail Intelligence -

360 degree analyzed data across all facets of marketplace commerce. This AI driven retail intelligence module has unmatched analytical and recommendation capabilities bringing forth immeasurable value to sellers and marketplace owner alike.

  • Sales Intelligence and Recommendations
  • Sales Forecasting - Machine Language (ML) driven forecasting of sales
  • Customer Behavioral Analytics and Recommendations
  • Social Commerce Analytics
  • Shipping Intelligence and Recommendations
  • Product Recommendations
  • Proactive SLA monitoring of orders and shipments and autonomous escalation execution

KYV (Know Your Vendor) -

  • Immutable/Secure authentication of sellers
  • Fully automated validation workflow
  • Ensures that only eligible sellers gain entry into the marketplace

Seller Central - Control center where sellers

  • Manage inventory
  • Manage promotional offers and discount
  • Configure taxes and surcharges
  • Manage orders
  • Manage shipments
  • Fully automated payment settlements
  • Fully automated cancellation and refund enforcement
  • Dispute remediation capabilities

Sustained Customer Engagement -

"E-Mall"(Calibrated) Retail Marketplace

E-mall marketplace technology provides a virtual store for each participating seller within the marketplace. This marketplace model closely reflects the physical mall purchase experience of consumers. Seller identity will be strongly established since the seller owns his/her own store. Buyers make guided decisions to purchase from seller stores of their choice.

Master Product Catalog -Available for seller inheritance

"E-Mall" Marketplace eCommerce - Full-fledged "E-Mall" eCommerce platform with role (owner, seller) based controlled access to pertinent capabilities

Artificial Intelligence(AI) powered Retail Intelligence- 360 degree analyzed data across all facets of marketplace commerce. This AI driven retail intelligence module has unmatched analytical and recommendation capabilities bringing forth immeasurable value to sellers and marketplace owner alike.

KYV (Know Your Vendor)-

Seller Central - Control center where sellers

Sustained Customer Engagement -