Tuesday 14 October 2014

How Marketplace benefits a Magento Store Owner? An Overview

          The online marketplace is a place of interaction or routine methods where business oriented people like manufacturers, suppliers, exporters, importers, service providers, buyers from different industries combined to establish their business by performing various trading activities. They believe it offers more advantages to them in their business. This article has the information about a Magento Marketplace Multi-Vendor Extension which has many rich features that helps the store owner to get more benefits.


Why Magento eCommerce store?

In the eCommerce business world, over 200,000 online store owners trust that Magento is an ideal platform for their online business. The simplicity, attractive features, flexibility, and reliability make it as the most popular and powerful eCommerce software. Benefits of using Magento as your eCommerce platform
  • Simple to install and use
  • Supports multiple languages and multiple currencies
  • Integrated with many payment gateways, shipping carriers, and social networking sites
  • In Magento, you can build and run one or more eCommerce stores within a single admin panel
  • Marketing and promotional tools help to increase the sales of the business
About the extension

Magento MarketPlace Multi Vendor Extension

The Marketplace extension helps to convert existing Magento store as a shopping mall with multi-vendor portal management. It has many rich features that help the store owner to run a successful online store. It has an excellent and attractive design for seller portal to manage the product catalog, orders, invoices, manifest, payments etc. It simplified Magento interface for store owners to manage sellers, seller products, orders, commissions and Payouts.

Features
  • Convert your eCommerce store into the Marketplace
  • Allow various sellers to register and sell their product
  • Simplified store owner interface to manage your Marketplace
  • Have your sellers and their products in control
  • Set commissions for each seller, each product, each product category, each customer group, and each product type
  • Manage simple products and configurable products
The extension has also many rich features that help the store owner to convert his Magento eCommerce store site as a shopping center which is a place has all other seller’s products to satisfy all the customer needs.

Benefits of using this extension

By using this extension, the Magento website store owner can get more benefits such as:
  • He can choose his sellers and allow them to register into his Magento site to sell their products
  • Can make payment for individual seller or can make a bulk payout for seller at a time
  • Ability to view, approve, disapprove, update and delete seller requested product
  • As per his wish, he can set commissions by fixed or percentage type
  • Ability to add, approve and disapprove sellers in one place; and to set global commission tax for sellers
  • Can configure approval process for seller registration and the seller public profile view
Make your store more attractive and innovative by using this Magento Marketplace Multi Vendor Extension in your Magento eCommerce site. It will expand your store visibility and increase your business sales.

Download: Magento Marketplace Multi Vendor Extension