magePoint is one of the leading Magento Multi Vendor Marketplace eCommerce Development Service provider in India. Our experienced team of Magento Developers provides world class Magento Marketplace development services and we have successfully developed many Marketplace based website/online stores for our clients across the globe.
Magento Marketplace is an online portal where any entity can sell any product/service to anyone and to any geographical location in the world. It is an affordable opportunity to individuals as well as small businesses to sell their respective products/services easily and increase their reach. Customers can browse and select different items from the catalogue. They can submit their respective ratings as well as reviews to vendors. Compared to traditional ecommerce sites marketplace have far more vendors as well as items on sale. eBay and Amazon are examples of marketplaces.
There exist number of Magento plugins and extensions to convert online stores to marketplaces. We can develop customised Magento marketplace plugins and extensions right from scratch if you desire. You can easily manage Multiple-Vendors in a single store.
Features of Magento Multi Vendor Marketplace
Sellers/Vendors will be empowered with absolute control employing a vendor panel to manage their respective goods, sales, invoices, shipments as well as credit memos
Each vendor is allocated separate branded store pages to showcase their products, prices and associated ratings as well as reviews
Vendors can track and control shipments
Support multiple payment methods
Support several product types
Ability to create vendor groups as per type of product sold
Facility to create vendor profile for customers to peruse
Manage customer reviews with facility to block spam and cases of abuse
Give customers the facility to compare prices from different vendors
Mechanism to return merchandise
Automated commission disbursal
Support both B2B and B2C transactions
Approval mechanism for buyers and sellers in order to weed out fake or fraudulent entities
Manage transactions on the go with responsive vendor panel
Benefits of having a Magento Marketplace
Store owners can earn a good amount as commission on each sale made in the marketplace. The former receive commissions through an automated system. Thus, they don’t have to run around to claim their legitimate dues. As there will be many sellers and many items on the site the site will experience more traffic and rank higher on search engine results.
Vendors save money, time as well as effort by not having to set up their own ecommerce site. As the marketplace is operable via smartphones they can easily conduct business on the go.
Customers benefit by getting a single site to make their purchase. They don’t have to waste time and effort of going through many sites to get the desired product at the desired price. They can compare the offerings of items, go through ratings and reviews, compare prices before making any purchase. If they are not satisfied with the product they can return it within the stipulated time frame. The return policy increases the credibility of the marketplace.
Why choose magePoint?
Manage Multi-Vendors Account
We have relevant experience as well as expertise in developing Magento marketplace plugins and extensions
Instant troubleshooting of issues related to the marketplace
Provide training on how to leverage the Magento marketplace for maximum revenue as well as profits
Provide 24X7, 365 days a year maintenance and support
Flexible pricing options
Offer customization as per each client’s unique needs and preferences
Manage Unlimited Products, Categories & Orders
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