Magento Marketplace: Tips Marketplace
to
Create a
Functional Multi vendor
The feature-rich Magento Multi-vendor Marketplace plugins offered by Knowband has made it easier to create a top-notch marketplace. However, setting up an online trading ecosystem like Amazon and eBay is not a matter of moment. It can only be achieved with the right strategy and occasional tweaks to keep them in shape. Even though the statistics of the online marketplace are promising, the efforts involved in same is intimidating for some of the online traders. While the internet may suggest you a number of hack for starting a marketplace, here’s an effortless means for you. You can now convert your site into a whole marketplace in a few simple steps and button toggles with the help of Magento Multi-vendor Marketplace.
Follow the below-mentioned tips in order to make it as successful as the eCommerce giants.
Find the right platform
The eCommerce platforms provide an effortless path to have a ready-made marketplace site. The options are ample, but finding the right platform as per the need and requirement is the key. Magento is one such platform that has over 250,000+ eCommerce stores. Hence, this can prove to be an ideal platform for the same. Knowband’s Magento multi-vendor marketplace extension can convert your site into a Magento marketplace effortlessly.
Attract the sellers
Magento multi-vendor marketplace extension allows the Magento store admins to create a clutterfree interface that can effortlessly attract the sellers. Not just this, the Magento multi-seller marketplace extension makes it easier for the sellers to register and manage their profiles. With the ease of trading, more and more sellers will be motivated to sell their products on the marketplace.
Win the niche
The Magento multi-vendor marketplace module supports all the type of products. The sellers can sell simple products, configurable or virtual as well as bundled products. The sellers can even request to add new categories or sub-categories in the marketplace. The store admin can approve or reject the request from the back-end of the Magento multi-vendor marketplace plugin.
Keep the Transaction Simple
Keep the entire transaction transparent for the sellers as well as the buyers. Provide them with an easy profile, product and inventory management. Magento multi-vendor marketplace plugin can help incorporate the functionality in the Magento marketplace. The store admin can manage the commission and return/refund policies effectively with the help of the Magento marketplace
module. Thus, you can keep the entire process flawless and the vendors will find their way to your marketplace.
Stay abreast of the trends
Upgrade your site to a mobile application. Knowband’s marketplace mobile app builder for Android/iOS can convert your marketplace into a mobile store without indulging in any sort of code changes. This is one of an inevitable aspect to stay abreast of the global market. This is one of an inevitable aspect to stay abreast of the global market.
Additional feature offered by latest version of Knowband’s Magento Marketplace extension: Knowband has recently launched an upgraded version of Magento Multi vendor marketplace extension with additional features and some bug-fixes. Here are some of the key features that the esellers can enjoy in the updated version:
Bulk Import/Export of Product The Magento multi seller marketplace plugin enables the store admin to upload or download the product detail in bulk. However, the admin gets an option to enable/disable the feature from the back-end of the Marketplace Extension for Magento.
Seller Payout Management The third-party sellers can now raise payout request from their dashboard. The admin can see the list of the request from the admin interface of the Magento marketplace module.
Transaction tracking The store admin gets an option to track and view the category and seller-wise transaction from the back-end of the Magento multi seller marketplace extension itself.
Stock Management The sellers can fix a stock limit from their dashboard. Below the specified limit the inventory of the particular product will be highlighted in red that will enable easy tracking. The admin enable/disable this functionality from the back-end of the Magento Multi vendor Marketplace plugin.
Vacation Mode The sellers can go on the vacation mode or can disable their shop for some time. The store admin can approve or disapprove their request of vacation mode from Magento marketplace module.
Custom Shipping The store owners can even allow the sellers to add custom shipping option with the help of Magento multi seller marketplace module.
Seller Coupon Sellers can improve the sales of their store by running discount deals at their store. With Magento Multi vendor Marketplace, sellers can easily generate seller coupon from seller dashboard. These coupons helps the admin to enhance the sale of their store.
Direct Customer-Seller contact: Customers can directly contact the seller from seller list page. Every time a customer will contact the seller, a ticket will be generated. Social account links: Sellers can add their social media accounts like instagram, facebook, Twitter, vimeo+ from the seller profile section. Cross sell and Upsell products: Sellers can add cross sell and upsell products on the order confirmation and product page. Percentage discount deal: Sellers can run percentage discount deals in addition to fixed to fixed amount value at Marketplace.
Major Benefits of Magento Marketplace Module offered to the Sellers
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The seller's profile page allows the admin track their profile and orders from the front side of your store. No back-end login is required.
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Sellers can add their products with quantity and price. All the
product data is managed by the seller only. While the admin can keep a track of the products from the back-end of the Magento multi-vendor marketplace plugin. ●
Sellers gets to track their individual sales information. Even the store admin can track the entire transaction and revenue earned from the back-end of the Magento marketplace module.
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The auto-responder makes it easier for the admin to notify the sellers automatically.
Customer Benefits Marketplace plugin
√
offered
by
Magento
Multi-vendor
As the Magento multi-vendor marketplace module helps the store admin boost the assortment of the site. Thus, the customers get to choose from a wider range of options.
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The customers can find the products at competitive prices.
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A single invoice is sent to the customers even if they add products
of different sellers in their cart. √
The customers can send their reviews for the products as well as sellers. These reviews are first approved by the admin from the back-end of the Magento multi-vendor marketplace module.
Knowband is one of the most reputed names in the field of plugin development. We provide best plugins for platforms like - Magento, Prestashop, OpenCart and Shopify. The mobile app builder and the feature-rich marketplace integrators offered by the company has gained the reputation of being the best-in-class plugins. For further information, refer to the following links: Watch Magento marketplace module Video Magento Multi seller Module Link Magento Multi vendor extension User Manual Link Magento Multi vendor plugin Admin Demo Link Magento Multi vendor module Front Demo Link Contact us at support@knowband.com for any query or custom change request as per your business requirement.