Multi Vendor Marketplace Extension
The Magento multivendor marketplace extension is one of the best products we have for the eCommerce merchants who want to build a common platform for buyers and sellers. This will create a win-win situation for vendors and customers, as vendors will generate high sales and revenue and customers will have more options when it comes to products.
This B2B eCommerce marketplace software will be beneficial for customers, as they will get a lot of products to choose from. The best thing for customers is that, there might be possibility that multiple vendors are selling the same product with different prices.
- So, customers get the list of all the vendors along with prices, and that too the one with the lowest price
(including shipping charges) is at the top of the list. This feature of will make it convenient for them to buy the product at the least price available.
- This Magento based multi vendor marketplace module will do well to vendors too, as they will get a large number of customers on the platform that are willing to buy their products. This will result into increase in conversion rate and ultimately it will boost up the sales.
- You benefit the most from this multi-vendor marketplace open-source extension, as all you have to do is let more vendors and customers come on your store and you will get commission for products getting sold.
Features of the Magento ecommerce multi-vendor marketplace platform
Customers can make the most out of this online custom marketplace software:
- Customers can view the list of all sellers, if multiple vendors are selling the product they are looking for.
- The name of the vendor selling at the least price will be at the top of the list.
- They can view products from all vendors and then compare them to choose the best one.
- Customers can post the reviews for products and can also send feedback on the profile of the vendor to share their experience.
- If they have any questions, they can communicate with marketplace owner or vendor by raising a ticket.
- They can also place orders for different vendors and admin will transfer payment to the relevant one.
This Magento multi vendor store extension is the best tool for admin (you) to maximize profit. Some of the best features are:
Management and Dashboard
- The dashboard consists of chart representation of orders and amount
- It gives you the useful information like the best sellers, lifetime sales, average orders, and most viewed products. You can also view the last 5 orders as well as the last 5 and top 5 searched terms.
- You can get all the information about your old as well as new customers
- You get each and every detail about all your vendors from your dashboard; be it the vendor selling highest number of products or the vendor generating the highest revenue.
- Manage all the vendors, as you have all the statistics
- Approve and edit vendors
- View all the transactions done by all the vendors
- Manage orders on the basis of vendors
- Decide and set up the vendor commission based on product category
- Check best sellers as well the products ordered, low stock products and the most viewed products.
- Set different commission for different vendors; it doesn’t matter even if the product category is same.
Brand Management and configuration settings
- Add and edit brands
- List brands with grid options
- Set tax calculations
We have the best Magento based eCommerce marketplace extension which is beneficial not only for customers and admin, but also for vendors. Some of the vendor features include:
- Order history and vendor vertical navigation in the left block
- Sales and order summary in middle portion
- Sales and payment summary in the right block
- Create products as well as categories
- Place products into categories
- Inventory management (Qty, Price, etc)
Order and transaction Management
- Order gird management
- Shipment creation
- Order refunding (Partial and full refund)
- Archive order functionality maintenance
- Transactions with date range filter management
- Packing slip printing
- Order cancellation
- Order status and comments maintenance
- Order related files uploading
Transaction reports that can be created are:
- Statement View
- Transactions list
- All Statement (Export with CSV and View Summary)
Business reports that can be created are:
- Sales Dashboard with chart representation
- Order reports
- Customers by order totals
- Order by status
- Most viewed products
- Bestselling Products
- Feedback Reports
- Vendors can search based on order ID
- Advanced Order Search and Advanced Inventory Search functionalities
Feedback & Rating Management
- View the feedback from customers
- Respond to their feedback
- Manage feedback reports and rating summary
Shipping Method Configuration and Refund Management
- Add or edit shipping
- Manage refunds