Marketplace

We are living in the exploding era of a digital revolution. Everyone now has a smartphone to use. Demand increased, special requirements on purchases increased. Therefore, multivendor marketplace companies have been born and received a lot of success, such as Amazone, Lazada, 1688, Alibaba, ... Let’s learn more about a multi-vendor marketplace to know why there is that growth.

Growing of Multivendor marketplace

You can imagine a multivendor marketplace basically is a market fair, where many salespeople gather and selling their product. Buyers will come in and walking around the market to find what suitable for them. Multi vendors can sell products to the customers, receive payment and can ship the product to the customer. Every vendor has their own separate store and customers can directly visit any of their favorite stores. After research, 2018 has an estimated 1.8 billion people worldwide purchased goods online (Statista, 2018) and global e-retail sales amounted to $2.8 trillion. Projections show that global e-retail sales are going to grow to up to $4.8 trillion by 2021. Its mean eCommerce is overwhelming grown and everyone is looking for a place to put their product online. That’s the reason why you should invest in Multi-Vendor Marketplace.

What is Multi-Vendor Marketplace

What is Multivendor

Marketplace Multi-Vendor Module for Magento 2 turns any Magento stores become a marketplace website. Your sellers will have full fill control of managing their products, sales, invoices, etc through a seller Cpanel. It helps you to build your own dream marketplace like eBay or Amazon-style in the shortest way. Magento Marketplace Multivendor Theme is one of the powerful solutions for people who want to become an online marketplace similar to Amazon. Become a multiple seller marketplace is trending of eCommerce now.

When using our solution, you can use the product for your own website or your client's website if you are a developer. You are allowed to use this product on an unlimited website while our private support is based on the domain.

Why Multi-Vendor Marketplace?

With a basic E-commerce Website, only one seller who acts as the admin has to cater to the needs of a huge number of buyers on its own. The buyer’s demands are unpredictable. To provide your user with the exact product they are looking out for might become the tedious task with one seller and with a few numbers of products. To cover a large number of audiences, you must be able to satisfy the need of every user and help them find their preferred product conveniently which can be achieved by extending your one seller E-commerce store into Multi-vendor E-commerce store or Marketplace. By adding vendors to your E-commerce store and transforming it into a marketplace, you can add multiple numbers of products within your marketplace by gathering multiple numbers of vendors. Your vendors will be adding a variety of products thus offering your user multiple options to choose the perfect product.

Develop a marketplace

A good marketplace can deliver huge volumes of data and traffic. In basically, marketplaces can get benefit from the scale of the efforts of all sellers.

If you want to develop a marketplace, answer these questions:

  • What types of products or services would be available in the marketplace?
  • What currencies would be allowed for transactions?
  • What legal regulations would the marketplace would be subjected to?
  • What about internationalization?

Pro Tip: When creating a marketplace, start by identifying the legal and technical difficulties that you need to solve. Next, build a team with different profiles to solve the challenges.

Choosing a suitable platform for your Marketplace site

Magento is often seen as the perfect platform for the job: it is effective, inexpensive, and almost completely customizable. If you want to build an eCommerce site, Magento alway is the top of the choices for you. Here are 10 reasons why you should choose Magento.

  1. Open Source Platform
  2. Rich Features
  3. High Scalability
  4. High Security
  5. SEO-Friendliness
  6. Multiple Stores And Language Support
  7. High Performance
  8. Good Mobile Experience
  9. Numerous Extensions
  10. Easy Third-Parties Integration

Marketplace 2

Magento Multivendor Marketplace

Introduction video of Magento marketplace theme integrated multivendor

STORE-FRONT ADVANCED CONFIGURATION

  •  Core theme feature
  •  9+ Home layouts and 35+ Unique pages
  •  Creative Headers and Unique Footer

BACK-END POWERFUL MANAGEMENT

  • Easy to custom
  • Mega Menu
  • Powerful Admin Panel

A - Z Modules of Workflows

  •  One-step checkout
  •  Delivery Date
  •  Frequently Bought Together

BEST MULTIPLE VENDORS SYSTEM

  • Separate Seller Interface
  • Seller Management
  • Flexible Commission Management

READY MARKETPLACE SET UP & DEMO DATA

  • Free Installation package service
  • Demo data are available
  • Ready Storefront and Admin configuration

CONSTANT UPDATES & SUPPORTS

  • Continuously Update
  • 5 stars support
  • Dedicated support team

Above is information about Magento Multivendor Marketplace. I hope that my article has brought you some useful information. If you have any questions about Magento Marketplace 2 or Magento Multi-vendor Extension, please contact our support. We are willing to answer all of your questions. Don't forget to use coupon code MAR_DL to get 18% Discount for this item.See you again!

 

Best regards.