All You Should Know About Knowband Prestashop Marketplace Addon

(MENAFN- Market Press Release) September 6, 2022 2:46 am - Knowband introduced various enhancements and bug fixes in the PrestaShop Multi-Vendor Marketplace Addon. Moreover, the PrestaShop Multi-Sellers Marketplace Addon is the easiest way to turn online stores into fully functional marketplaces.

Like eBay and Etsy, PrestaShop online sellers can also allow third-party sellers to list their products on the PS shops. Furthermore, in exchange, the PrestaShop admins can charge a commission per sales and monthly subscription basis.

Importance of Marketplaces:
The modern eCommerce market is ruled over by major marketplace players like Amazon and eBay. Not only do customers tend to be attracted to marketplaces but also prefer to visit regularly. The reason behind the same is that the marketplaces offer more options to the customers.
For example, if we take an example of a regular customer, the same will prefer to go to a supermarket. Rather than vising 3 different shops. Why? Because the marketplaces have variety in categories and one can get very near and dear needful thing there.
Thus, it might be the right time to turn your PrestaShop store into a fully functional Multi-Vendor Marketplace.

Reasons to Go with Modern PrestaShop Multi-Vendor Marketplace Addon by Knowband!!!

1. Simplified Process Flow:
The Knowband PrestaShop Multi-Seller Marketplace addon ensures a smooth process flows to both admin and sellers. Moreover, the sellers can directly appeal to the PrestaShop store admins to approve their listings.
Not only the sellers can manage their orders on their end but also the admins will have complete authority. Furthermore, PrestaShop Multi-Seller Marketplace Addon ensures automated commission flows to the sellers and admins.
Thus, there is no need to worry about the commission payouts.

2. What's in there for the PrestaShop Admins:
This is the major million question. How will the PrestaShop admins get benefit by allowing the sellers to list their products?
The answer is simple.
In exchange for listing allowance, the PrestaShop online sellers can charge per-sale commission charges from the vendors. Not only the per-sale commission but the PS store admins can also set a fee for annual and monthly subscriptions.
Although the sellers will sell the products and will manage their orders yet, the admins will have all the control over the store.
They can add, approve, or remove the sellers at any time based on their activities.

3. What's the catch for Sellers:
Likewise, the PrestaShop Multi-Vendor Marketplace addon offers a wide variety of benefits to the sellers also.
The sellers can not only list their products but also can manage their sales and order through their seller dashboard.
Furthermore, the other advantage is that the sellers will not have to require any coding and technical skills.
In-depth, the sellers can sell online without paying for any hosting services or coding.

In the end,
The philosophy behind multi-vendor marketplaces is to offer more to the customers. Even offline marketplaces have more chances to convert customers into regular ones. Knowband PrestaShop Multi-Vendor Marketplace Addon is the no-code solution for turning the PrestaShop online store into a multi-vendor marketplace.

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