(MENAFN- Market Press Release) September 14, 2022 5:31 am - Multi-vendor marketplaces are driving the modern eCommerce business market. The most prominent examples are eBay, Etsy, and Amazon.

These marketplaces not only have a large fan base, but they also rule over more than half of the whole eCommerce business. Magento 2 online retailers can now convert their stores into multi-seller marketplace stores. Online retailers can construct a marketplace the same as eBay and Amazon. With the Knowband Magento 2 Multi-Vendor Marketplace module. How?

Now you are wondering about it. It will take coding and time. The Knowband Magento 2 Marketplace plugin ensures a no-code multi-seller marketplace solution.

With Magento 2, online sellers can turn their single-seller store into a multi-seller one. Admins can also add more commission sources in their business module.
All Magento 2 online sellers will have to do is download the free Magento 2 Marketplace from Knowband.com. In the second step, the store admins can unzip the downloaded file and install the same on the Magento 2 store. And that's all. All that remains now is to configure the Knowband Magento 2 Multi-Vendor Marketplace plugin as per the requirements.

Offerings to Magento 2 store Admins:

Additional income channel:
With the Magento 2 store, retailers can boost their net income by adding an extra resource to their income channel.
The Knowband Magento 2 Marketplace plugin offers the admins the ability to charge per-sale commission charges from the sellers. Not only can the sellers fix a percentage amount per sale, but they can also set monthly subscription plans for third-party sellers.

Automated Email Templates:
Magento 2 store administrators can design automated email templates for third-party sellers. Moreover, online retailers can design separate templates for various occasions. Not only will the sellers get the option to create email templates, but they can also edit those templates anytime. For instance, the Magento 2 store admins can choose the templates for when a seller will receive the order. When the third-party sellers get a rating, order status update, and even a seller plan end reminder,

Admin Control:
The Knowband Magento 2 Multi-Seller Marketplace module ensures proper control in the store admin's hand. The store admins will have the right to manage the third-party sellers. But also, they will have to manage the orders on their end.
In this way, the Knowband Magento 2 Multi-Vendor Marketplace extension allows the store admins to have proper control of the entire marketplace system.

Offerings to the Sellers!!
A complete No code/Hosting Shop:
The most adorable benefit that the Magento 2 Marketplace plugin provides to sellers is a no-code online store.
Moreover, the sellers can start selling within minutes without having any sort of technical skills. Not only does Magento 2 Multi-Vendor Marketplace provide the sellers with a no-code shop. But also, the online sellers will get a separate dashboard to manage their orders at their end.
All thanks to the Knowband Magento 2 Multi-Vendor Marketplace Module for offering no code and no hosting to online sellers.

Deal Management:
So, the listed sellers can also run various offers only for their shops. Furthermore, the Magento 2 Multi-seller marketplace extension allows the sellers to create coupon codes applicable to their listings only.

Transparent Process:
The entire process of a multi-vendor marketplace is based on the transparency between Magento 2 admins and sellers.
From product listing to commission handling, the sellers as well as admins will have proper records of the transactions.
Not only can the sellers track their net income, but they will also have the option to analyze their commission cuts.

In the end,
Multi-Seller Marketplaces are the latest online eCommerce trend. The explanation for this is straightforward. Customers would rather visit a single platform where they can locate every essential category. Rather than visit two or three different retailers.
Moreover, Magento 2 online sellers can also create mobile apps for their online stores with Magento 2 Multi-Vendor Marketplace Mobile Apps.

MENAFN15092022003520003262ID1104867805