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Wanna increase the sales of your business effectively? Then you should use a unique technique in your eCommerce store than your competitors which will help you to stand out of the crowd and also to achieve your goal easily. Create your own Marketplace to extend your business and to maintain a good relationship with other sellers.
Is it possible to make an eCommerce store as a shopping mall with different sellers products and services? Yes, it is possible. In this article, we are going to see how a Magento Marketplace Multi-Vendor Extension helps to convert an eCommerce store into a marketplace.
What is the Marketplace?
Etsy, eBay, and Alibaba are the best examples which manage and sell more than thousands of products from different sellers on just one site. An online marketplace or online eCommerce marketplace is a type of eCommerce site which allows multiple vendors to upload and sell products in the marketplace owner site. All the transactions are processed by the marketplace owner. It connects many sellers and helps to improve their business.
How to make your Magento store as a marketplace?
Most of the business owners think that building and maintaining a multi-vendor site is difficult. Their thinking is right when they are not using the perfect extension for it. There are many extensions on the internet which was developed to make the eCommerce store as a marketplace in order to increase the sales of the business. By choosing the perfect extension of your business, you can easily convert your Magento eCommerce store as an excellent marketplace which has many sellers products.
This Magento extension helps you to make your Magento store into an online marketplace with a different seller/ vendor product. That means your website visitors can view and purchase multiple sellers/vendors product at one site without moving from one eCommerce site to another. This is the smart way to attract many numbers of online users towards your site and easily extend your business. The extension has many rich features such as:
A single site with multi sellers/vendors products: With the help of this extension, you can allow multiple vendors/sellers to register and sell their products on your site. This will encourage your visitors to do shop different sellers product at a single web store.
Payment processing: Your customers can buy different vendor products from your site and can pay the amount on your site. The money goes to the merchant account that means your account. And then you can distribute the amount to the vendors in bulk or individually. You can set a commission for each seller, each product and each product category by fixed or percentage type.
The Marketplace Module has also many other fantastic features which are very easy to set up, user-friendly and very useful. Attract online users attention by selling more products and increase the profit of your Magento eCommerce store business.