Multi Vendor Marketplace for Magento 2
- Easily add and manage multiple vendors
- Provide each seller with an exclusive profile page
- Let vendors manage products and orders themselves
- Analyze sales data with informative dashboards
- Flexibly manage commissions and withdrawals
In the era of tough e-commerce competition, numerous merchants are preoccupied with the question of bringing their stores to the next level. But how to add products and services to your website without having stress with extra inventory management? For this reason, marketplaces become more and more essential as they provide advanced options for online sellers.
Magento 2 Multi Vendor Marketplace will help you convert your store into an online shopping mall with multiple independent vendors. Reduce manual labor on managing your marketplace: set up automatic approval for products, orders, and payments for trusted vendors. Just stay focused on promoting your marketplace and growing revenue by attracting new customers and sellers.
Pros and Cons of the Marketplace model
The marketplace model is a strategy of running your Magento store based on work with multiple sellers. Let’s take a look at the main benefits of this business strategy.
Low entry threshold
The most expensive thing you need to do is to develop an e-commerce website. Of course, you’ll also need to take care of the marketing and SEO parts of the business, but you won’t need to rent a warehouse, fill in stock with products, hire sales managers to process orders, etc. Sellers will handle this part of the business. Moreover, they will pay a fee for placing their goods on your website.
Say you want to enter a new market. With this Magento 2 Marketplace module, you can just find sellers that already have experience in this market and know every tricky detail. Thus, you can sell worldwide and become the new Amazon.
When launching a marketplace, the main source of your income will be the fee that sellers pay for placement on your website. This allows you to implement automation tools like our Magento Multi Vendor plugin and reduce the amount of paperwork.
What benefits do you get for your store
Grow revenue by enriching your store with a multi-supplier experience
Save your time and efforts letting vendors manage their products and orders
Boost customer experience by providing them with vast product catalog
SMOOTHLY LAUNCH YOUR MULTI-VENDOR MARKETPLACE
Easily add multiple vendors
Enable sellers to easily register at your store via a separate self-registration page. Manage all registration requests in a convenient grid. Choose to approve all requests automatically or manually. Edit any vendors’ info if needed.
Operate all types of products
With this Magento Marketplace extension, a seller can easily add and manage all types of products (simple, configurable, virtual, downloadable, grouped and bundle products).
Delegate order management
With Magento 2 Multi Vendor Module, sellers can view the list of orders filtering them by status and time range, as well as access the details of every single order. Allow vendors to generate invoices and shipments themselves.
Efficiently manage vendors with magento market place
Analyze all sales data and track recent store updates through a special admin dashboard. Manage all sellers’ info from the grid. Accept or reject products adding requests either automatically or manually. Enable/disable vendors’ profile pages.
Provide each vendor with a separate shop page
Allow sellers to create personal pages with custom URLs to promote their products and provide additional information to customers. Here they can list all the products, place the store logo, social media links, and other profile data.
Flexibly manage commissions
Set a percentage of commission globally for all sellers or define a separate percentage for each seller. Conveniently manage all sellers’ commission info on a special dashboard.
Let vendors monitor their sales stats
Magento 2 Marketplace extension enables each seller to view all required sales details through an individual dashboard panel. This way the vendor will get access to such data like income, payouts, remaining balance, recent orders, latest comments.
Regulate withdrawal payments with magento marketplace module
Configure a default payment method for providing transactions between you and your store vendors or generate preferred withdrawal methods individually for each seller. Also, you can specify withdrawal rules and time periods
Set up your multi-channel business with no warehouse costsShip products to customers directly from suppliers’ warehouses using Magento 2 Dropshipping extension. Provide better experience and grow your business regardless of the location.
- 100% Open Source — Easy To Customize
- Follows Magento Code Architecture
- Separated HTML/CSS/JS
- Simple installation via Composer