Want to be an Entrepreneur!! Create your own Marketplace via Magento Marketplace Extension
Nowadays, we can’t ignore how the eCommerce industry has witnessed a growth in the past few years. Many business owners have shifted themselves to earn a good amount of revenues. It primarily helps vendors to reach out large number of customers which helps him to take his business to new heights. Although the idea of going online was welcomed by many sellers but soon this led to the steady increase in number of web-stores resulting in high competence level.
Marketplaces was the prime option to deal with this increasing competition as many retailers registered themselves as third party sellers on Marketplaces and started earning good profits. However, the standardized rules and regulations set by these renowned Marketplaces made difficult for them to achieve their goals. This led to many sellers change their mind and convert themselves into a Marketplace owner itself. This strategy gave advantage to both sellers and admin as sellers were able to earn good profits while admin can charge the commission on the products sold by sellers.
Knowband offers Magento Marketplace Extension which provides seller a seamless path to convert their Magento eCommerce store into a Marketplace. Without any coding knowledge or technicalities, sellers can easily download and install it on their website and you will be a Marketplace owner in just few easy steps.
Features of Magento Marketplace Extension:
The Magento Marketplace extension by KnowBand provides multi-store compatibility feature. It can be used on different sites or domains which are sharing the single Magento installation.
Admin can create and manage the product categories from the back-end itself of the Magento Multi vendor Marketplace Extension.
The Magento Marketplace multi-vendor is compatible with the latest Magento version and supports all themes.
The Magento multi vendor Marketplace plugin allows admin to approve or disapprove the seller’s request from the back-end itself of the plugin.
The Magento Marketplace extension allows admin to select the categories to be shown on the front end of the website.
Admin has the authority to add or remove the products from the back-end itself of the Magento Marketplace multi-vendor extension.
Admin can easily set and manage the commission charged to the sellers with the help of Magento Marketplace plugin.
The Magento store owner can track the transaction and earning at the button click from the back-end of Magento Marketplace Extension.
The store admin can manage the reviews of the product by approving or deleting them from the back-end of Magento Marketplace Extension.
The Magento Marketplace Extension allows admin to set the transaction type for any seller from the back-end itself.
Features offered to sellers by Magento Marketplace Extension:
The Magento multi vendor Marketplace allows the sellers to register in the online Marketplace.
The Magento Marketplace Extension provides a hassle free experience to the online sellers. Sellers can easily map the categories and products on the Marketplace website to present them in front of large no. of customers without any hassle.
The Magento Marketplace Extension offers sellers a flawless business experience by providing an uncluttered front end design of the Marketplace which boost up the shopping experience of customers.
The seller’s dashboard makes it easier for the sellers to track and manage their products, profile as well as sale with the help of Magento Multi vendor Marketplace module.
The Magento Marketplace Extension allows sellers to request for including a new category. The Marketplace admin has full authority to approve or disapprove the request with the help of the Magento multi-vendor Marketplace plugin.
Over to you:
Converting yourself into an online Marketplace owner is just the starting towards immense success of your business. Whether you are a website owner or a Marketplace owner, sale of your product totally depends on the product type and category. Technical advancements are now a part of our daily lives so it’s important to remain updated with the latest trends and techniques and implement them to boost up your overall business growth.
Today’s technology provides a handy service to users for many online purposes. It’s really important for a store owner to reach the customer’s devices to ensure higher sales and growth. Knowband offers Advanced Magento Marketplace mobile app plugin to build a fully-functional Marketplace and a mobile app at same time for your store.