Be the multi vendor Marketplace owner | Knowband
Before diving deep into features, let's have a look at the main advantages.
Advantages of that Multi seller Marketplace module by Knowband
1. Availability of a wide field of products: Marketplace like Amazon, Etsy gather large customer attention because of the variety of services and products they offer.
2. Enhanced traffic : An ecommerce store built with multi vendor module extension will drive maximum traffic to the site.
3. Automation: Managing inventory, shipping, pricing and other services requires lots of efforts. However in a marketplace roles and responsibilities are clearly defined thus making it easy for the store owners to manage.
4. Easy Inventory Management: In a marketplace, every vendor is responsible for managing their own products and inventories thus reducing the challenging task for the store owner.
Benefits for Customers:
• Variety of options available at a single platform provides online buyers the greatest advantages.
• Easy Checkout, multiple shipping options and payment options of multi seller marketplace reduces the time and efforts of online buyers thereby providing a hassle free shopping experience.
• Wide range of products allows the buyers to compare a wide range of products.
• Seller reviews and product reviews available at the marketplace makes the deal more easy and quickly.
• Marketplace offers Multiple payment options thus making the checkout process more easy.
Benefits for Sellers:
• Cost Minimization: No need to launch their own websites. Vendors need not to worry about the web development and maintenance.
• Simplified Shipping: Marketplace with its own simplified shipping services lessen the sellers extra efforts for Shipping management.
• Growth in business: With competitors running on the same platform, it becomes easy for the vendors to follow the latest trends by keeping an eye on other retailers.
• Exposure: Marketplace place with its wide range of customers and multiple number of sellers is a profitable platform for small shops / newcomers. As they will get the opportunity to sell their goods / services globally.
Benefits for Owners:
• Commissions: For enrolling a seller owner can earn the commission. For each product sold on the marketplace, sellers can earn the commission.
• Membership plan: Store owners can earn by setting the member ship plan for their marketplace to define the duration for which a seller can sell their goods.
• Flexibility: Store owners have the choice to set a flat fee or percentage of price on the commission.
For any doubt or support, feel free to contact support@knowband
E23, Sector 63, Noida - 201 301,
Knowband is a well known company in the field of ecommerce. Knowband offers extensions for various platforms like Magento 2, prestashop, opencart, woocommerce, shopify
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