2020 was a year of challenges. During that period, many users and sellers have converted their hurdles and problems into a way of opportunity. Most of the offline sellers have started selling their goods online to reach out to their targeted audiences. Customers, in turn, have opted for solutions that are online and doesn’t let them put extra efforts and time. During this whole pandemic year, the eCommerce industry has seen a boost in sales. The online shopping graph slope is elevating now and then.
In the eCommerce industry, online shopping platforms like eBay, Etsy, Amazon have seen a major boost in profit and traffic. No one denies the fact that these marketplaces are the top shopping choices for the customers globally. A marketplace is an online platform where various sellers across the globe list and sell their goods to a wide customer base. A marketplace with multiple sellers offers a variety of choices to customers to choose from. A multi-seller marketplace saves both time and efforts of potential buyers.
A similar type of marketplace where customers can purchase goods from different suppliers will enable the Prestashop admin to boost the sale, enhance the traffic and reduce the bounce rate. An online Multi-seller Marketplace offers buyers the same experience as of a mall while staying indoors. Ready to build a Multi-Vendor Marketplace for your Prestashop Store in 2021.
The Perfect solution to Launch a Marketplace are as under:
1. The Prestashop Marketplace extension by Knowband offers the most perfect way to build an online shopping Mall. Using the Multi-seller Marketplace plugin, store owners in 3 simple steps can build their Prestashop Marketplace. The Online Marketplace built using the multi-vendor addon is ready to use. A store owner can buy the multi-seller Marketplace mobile plugin to have a mobile app for their marketplace store. Mobile apps can be built for both Android/ iOS platforms.
2. Another way to upgrade the Prestashop store into a fully-fledged Marketplace is by using the Prestashop Advanced Marketplace extension. Using the Prestashop advanced multi-seller Marketplace with mobile app extension, admins can build both the Marketplace and a mobile app for their Prestashop store.
3. A multi-seller Marketplace Gold plan is also available there. In addition to the Prestashop marketplace module, a Prestashop Gold Plan module offers multiple supportive modules to the Prestashop store admin. Some of the supportive modules offered by the Gold plan modules are CSV import/export plugin, Marketplace Customer-Seller Ticket Addon, Marketplace Deal Manager module, Marketplace Seller Invoice, Marketplace Sellers-Admin Ticket System etc.
With these ready-made solutions, store owners can build their ready-to-use marketplace easily. The Prestashop Marketplace built using any of these multi-vendor marketplace modules are fully-functional and equipped with all the major must-have features of a Marketplace like Etsy, eBay. Besides that, the store owner can build the marketplace mobile app for both their Android & iOS users. Having a mobile app for the Prestashop Marketplaces will act as a cheery on the cake. During this hard time when everyone prefers to stay indoors owning a Marketplace with a fully-functional marketplace mobile app will bridge the gap between the customers and you.
Major Highlights of the Prestashop Multi-Seller Marketplace are:
1. Separate panels:
A Prestashop marketplace offers an interactive UI. In the Marketplace, both the admin and sellers are given an individual dashboard to list and monitor the inventories, orders, reviews, profiles, shipping services etc. at the Marketplace. Sellers can easily update their profile details, listings etc from the seller dashboard. Seller store banner, logo, contact details, social logins account details etc are shared by the seller from the seller dashboards.
2. Easy Seller Registration:
In a PrestaShop Marketplace, the sellers can easily send their registration request to the store admin. Once the admin approves the request, sellers can easily list and sell their products at the Marketplace. The maximum number of times a seller can send the account approval request is pre-set by the admin.
3. Easy Customer-seller Registration:
Customer can also be a seller at the same Marketplace. Customer needs to send a seller account approval request to admin from their account dashboard. Once the admin approves the request, customers can easily start listing their products at the Marketplace.
4. Category Management:
Store admin assigns a few categories from the admin panel of the Marketplace. Sellers can only use those assigned categories to list the products. In case of a seller who wants to use a non-assigned category, the seller can simply raise a new-category request from their seller dashboard. On admin approval, sellers can use that particular category also.
5. All Payment and Shipping Method Support:
All website payment & shipping methods are supported by the PrestaShop Multi-vendor Marketplace module. Sellers from their dashboards can also add multiple custom shipping methods. A marketplace equipped with multiple payment and shipping options enhances the chances of conversions.
6. All Product-type Compatibility:
The Prestashop Multi-seller Marketplace provides all product type compatibility. All products including virtual, single, bundled and configured can be easily listed and sold at the Marketplace. Seller products can be easily approved or rejected by the store admin from the backend panel
7. Email Templates:
More than 20 email templates to keep the sellers updated about the various activities at the Marketplace is available at the admin panel of the Prestashop Marketplace. All these email templates can be easily customized by the store owners
8. Seller and Admin Orders:
All the orders received at the Marketplace gets listed in the Seller and Admin order tab in the backend. The marketplace admin can be easily monitored and update the orders from the admin panel of the store. If the Prestashop store owners enable the feature in the backend, each seller can easily update their order status from their seller dashboard.
9. Seller and Seller Products Ratings:
Customers are free to share their valuable feedback and rating in the Prestashop Marketplace. All these reviews are directly monitored by the buyers from the backend of the Marketplace. Store owners can easily approve and reject those reviews from the backend.
10. Subscription Plans:
Using the Prestashop Marketplace module, store owners can add membership plans on their stores. A subscription type service on their stores will be a new source of income for the Marketplace admin. All-new, as well as existing sellers, have to buy the membership plans to list and sell the products. A subscription expiry notification is sent to the sellers when the membership plan is about to expire.
11. Transaction transparency:
All the payout, transaction, seller earnings, admin earnings, admin commission can be effortlessly tracked by the admin. Each seller can easily view their earnings and admin commissions from the seller panel.
12. Commission Management:
In a Prestashop Marketplace, store owners can charge both individual or global commission on Sellers. The commission can be set either in fixed or percentage amount. Even if an admin is not selling its goods at the Marketplace, the store owners can earn the amount of earning through the commission.
13. Mobile app compatibility:
With the Prestashop Marketplace module, the store admins can easily have a Mobile app for their store. A marketplace mobile app brings the store at customers fingertips. Mobile apps increase the targeted audience range and conversion rate.
Conclusion:
From the above discussion, we can conclude that a marketplace will all the above-listed features, will not elevate your earning graphs but will also enhance the brand name and targeted outside the range. If you have any queries or doubts regarding the Prestashop multi-vendor marketplace then feel free to reach us at support@knowband.com.
