Saturday, January 22nd, 2022

What makes the Magento 2 Marketplace Module the ideal option for business?

The Magento 2 Marketplace Module by Knowband is one of the most popular choices for eCommerce marketers. Further, the marketers find it comforting that the module is easy to handle, quick to install, and helpful for their businesses. Thus, they trust Knowband for providing not only the Magento 2 Multi seller Marketplace module but also a long-lasting relationship. Hence, invest in the Magento 2 Module and it would be an ideal opportunity for your business.

This blog talks about the aspects that make the Magento 2 Multi vendor Marketplace Plugin by Knowband. Let us go ahead and take a look at them.


  1. The effortless transformation

The first and foremost aspect is that the Magento 2 Multi vendor Marketplace Extension allows the admin to transform the store into a marketplace. In fact, the entire procedure of buying, installing, and configuring is super easy. Further, you can configure your Magento 2 Marketplace the way you want to at every step. Thanks to the Magento 2 Multi vendor Marketplace Module.


  1. The seamless handling of the sellers

Sellers are the biggest part of your platform that plays an integral role in selling to the customers. In fact, the Magento 2 Marketplace Extension allows you to be in control of the platform. You, as the admin, can keep an eye on everything that the sellers do on the Magento 2 Marketplace. You have the authority to allow or stop every action that the sellers take. In addition, keep an eye on the orders, transactions, payout requests, product listing, and more. Further, for every new category or product, the sellers have to get approved by the admin.


  1. Easy handling of the revenue models

When you invest in the Magento 2 Marketplace Plugin, it comes with various revenue models. Further, the revenue models available in the Magento 2 Marketplace Module.

  • Product Listing Fees
  • Commission Rate
  • Membership Plans

All these revenue models are designed to ensure that the admin generates income. Further, whether it is by setting a commission rate where a share is given to the admin from the transactions or the sellers paying a sum for listing their products, the admin generates revenue. In addition, the membership plans are where the admin makes subscriptions plans for the sellers to sell on the platform.


  1. Allowing customers to be sellers

I know this is surprising at first. However, isn’t it great your customers will be selling with the Magento 2 Marketplace Plugin? In fact, the customers can simply fill a form available on the front-end and send it for approval. Once done, they can successfully sign up as sellers and get on with the formalities.


  1. Handling payouts – automatically or manually

With the Magento 2 Marketplace Module, the admin can simply view the Payout Requests in the Admin Panel. In addition, he can decide whether to automate the payout payments or manually handle them. Further, with automating the process, the requests can be processed without the admin having to do anything. However, in the manual setup, he has to attend to every request and respond as per his wish.

Let’s wind up!

So, what do you think of the Magento 2 Multi seller Marketplace module? It is a beneficial choice for your eCommerce business. In addition, Magento 2 Multi vendor Marketplace Extension by Knowband provides stunning customer support. Get in touch with us for more info at support@knowband.com.

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