The advancement in technology has leveraged the whole humanity with multiple benefits and convenience. Today, when each and everything is at your fingertips, individuals attracted to online shopping are not a miracle. The easy access and affordability provided by modern technology have let many individuals explore the variety of products from all over the world. Customers can purchase their products anytime from anywhere saving their time and energy too.
Being a seller keeps a responsibility on your shoulders to take a step forward and come up with some diligent strategies to skyrocket their sales and revenues. However, the technical advancement resulted in the creation of numerous websites on the Internet but customers are more attracted to a Marketplace website as it provides everything on a single platform and is trustworthy too. Seeing the huge popularity of Marketplace many sellers started selling on Marketplace but due to their standardized rules and regulations, sellers were unable to achieve their goals.
After trying all the strategies, the Magento store finally decided to create their Marketplace as they can finally earn profits in their way. KnowBand helps these Magento store owners to create their Marketplace via Magento Marketplace Extension. The Magento store owners can convert their Magento store into a well-furbished Marketplace via this extension. This enables Magento store owners to transfer the responsibility of maintaining warehouse and inventory to the sellers and admin can earn good profits by charging a commission on the products listed by sellers accordingly.
Features of Magento Marketplace Extension as follows:
Admin can charge a commission on the products accordingly listed by sellers on the Marketplace from the back-end itself of Magento Marketplace Extension.
Store admin can easily monitor and manage the list of vendors by approving or disapproving sellers request.
The products listed by sellers can easily be monitored by the admin by adding or removing products accordingly from the back-end itself of Magento Marketplace Extension.
The admin can easily track the products listed in the marketplace. It even allows admin to approve or disapprove of the products listed on the site. The Magento store owner can track the transaction and earn at the button click from the back-end of Magento Marketplace Extension.
The store admin can stay in touch with the sellers via emails. The Magento Marketplace plugin offers an automated interface to the store owner to notify the sellers about the various aspects of the online marketplace.
Admin can add or remove the shipping methods and can keep track of the same. The Magento Marketplace plugin offers the same authority to vendors also to manage their shipping methods. Vendors can also their transaction methods too.
KnowBand's Magento Marketplace Extension User Manual Link
KnowBand's Magento Marketplace Extension Admin Demo
KnowBand's Magento Marketplace Extension Front End Demo
