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View Full Version : High Time to Upgrade your e-stores Into Multi-Seller Marketplaces



Knowband Store
06-30-2022, 12:57 PM
Before going into why eCommerce stores are becoming multi-vendor marketplaces, let's first define a multi-vendor marketplace. Multi-vendor marketplaces are free, open-source systems that let independent vendors list and sell their goods on the marketplace's website. Various sellers can offer their goods on the marketplaces as well.

Important Facts about the multi-seller marketplace Module:

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1)The Knowband Multi-vendor Marketplace plugin's aim is to give eCommerce merchants the opportunity to stock a wide range of goods in their online stores.
For instance, if you visit an eCommerce store to buy items from several different categories but can only view a few of the items you want, you'll probably choose to make your purchase from that store that offers all of your chosen products on a single platform, even if it cost a cent or two more.

2)The ability to earn without an additional effort is the Multi-vendor Marketplace's primary and secondary advantage. The commission rate for each specific third-party seller who registers on an eCommerce merchant's site can be determined by the merchants using OpenCart, PrestaShop, and Magento 2. In other words, the eCommerce Merchants have the option to specify a certain percentage commission amount for each seller with the Knowband Multi-seller Marketplace Plugin. In this approach, you will receive the preset commission you agreed upon through your admin panel each time one of the vendors' products is sold. As a result, with the Knowband Multi-vendor Marketplace plugin. The eCommerce Merchants can benefit from the commission amount without any more extra effort.

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3)The vendors' profiles can be simply managed by the store admin. Amazing features provided by the Knowband Multi-vendor Marketplace plugin for merchants include the ability to change the commission rate at any time, the addition of a separate registration page for sellers, tracking of the overall performance and ratings of the sellers, and even the store administrators' has the complete authority to approve or disapprove any seller. Additionally, the third-party seller's registered categories might be approved or disapproved by the eCommerce merchants.
Thus, the Knowband Marketplace plugin puts all necessary controls at the store administrators' fingertips.

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4)An interactive and user-friendly interface is provided to the seller by the Knowband Multi-vendor Marketplace plugin. Sellers may easily keep track of their orders and earnings via the user-friendly dashboard. Additionally, the sellers can post coupons, specifically to their seller page, to offer the customers more deals. The sellers can also add an unlimited number of categories to their seller profiles.

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The Knowband Multi-vendor Marketplace plugin is now offered for the OpenCart (https://www.knowband.com/opencart-multi-vendor-marketplace-plugin), PrestaShop (https://www.knowband.com/prestashop-marketplace), and Magento 2 (https://www.knowband.com/magento-2-multi-vendor-marketplace) platforms. The Multi-vendor Marketplace plugin has numerous wonderful advantages that eCommerce merchants who have their stores built on the platform can take advantage of. Please send an email to [email protected] if you would want further information about your multi-seller Marketplace Plugin.

Please watch the video for a better understanding:

https://www.youtube.com/watch?v=XzjFs95YSEU