Are you selling your products online for a while and not getting the expected results? Somehow, the reason for the same is increased market competition. Nowadays, customers prefer a single store for completing their all sorts of product needs. Instead of visiting 4 different shops. The reason behind this is that the marketplaces offer a vast variety of products. As per the reports, almost 80% of total online customers have changed their way of shopping. Now customers prefer a single platform where they can get every product category. For a better understanding, we can take the example of a shopping mall. Customers will choose a shopping mall over visiting five shops for different categories. The same formula applies to e-commerce. Now PrestaShop merchants can turn their single-vendor eCommerce shop into a PrestaShop multi-vendor marketplace.
What is the need for Multi-Vendor Marketplaces?
The modern shopping trend is shifting from traditional shopping to marketplaces. Likewise, eBay, Etsy, and PrestaShop eCommerce merchants can also turn their eCommerce stores into a multi-vendor marketplace. In more detail, the merchants can allow the third-party sellers to list their products on the PrestaShop store. In exchange, the vendors can charge fine commission amounts to the third-party sellers.
That’s how the Multi-Vendor Marketplaces module works.
What are the Offerings of Knowband PrestaShop Multi-Vendor Marketplace Addon?
Seller Profile Management:
Starting with the first point, the PrestaShop store admins can manage the listed sellers’ profiles. Moreover, the Knowband PrestaShop Multi-Seller Marketplace Addon offers the admins to approve/disapprove the sellers anytime.
The PrestaShop online merchants can also allow the sellers to manage their orders and can also keep track of seller ratings.
Massive Source of Passive Income:
As described earlier, the PrestaShop admins can enhance their sales by adding a boost to commission rates. In-depth, the merchants can set up default commission charges on the seller’s products. For instance, whenever the sellers will get an order, the fixed commission amount will automatically over to the shop admins.
Compatibility with Knowband PrestaShop Mobile App Builder:
The Knowband PrestaShop Multi-Vendor Marketplace module is by-default compatible with Knowband Mobile App Builder Addon. Knowband Mobile App Builder is the modern solution for launching purely white labeled Mobile Apps. The PrestaShop admins can launch their apps on the Google Play Store and Apple App Store. Furthermore, the PrestaShop admins can find the listed sellers in the side menu tab>>>seller panel in the Knowband Android and iOS Mobile Apps.
Subscription Module for the Third-party Sellers:
Along with the commission rates, the PrestaShop store admins can also boost their income by taking the subscription charges from the sellers. Moreover, the merchants can also set up charges as per the conditions settled up from the PrestaShop admin end. For example, the PrestaShop admins can add Silver, Gold, Platinum, and Diamond plans at various price segments for the sellers.
On top of it, the merchants can also add shipping templates from the module back end to send automated reminders about subscription expiry.
What is PrestaShop Multi-Vendor Marketplace Gold Plan?
Knowband has launched a PrestaShop Multi-Vendor Marketplace Gold Plan for e-commerce entrepreneurs. This plan also includes several modules. Marketplace CSV import/export plugin, Ticket System, Subscription Modules, etc are some of them. In addition, the strategy allows owners to build a fully working marketplace similar to Amazon. eBay, and Etsy.
Moreover, the Multi-Vendor Marketplace addon offers the eCommerce merchants the to turn their PrestaShop store into a Multi-vendor Marketplace without any Technical Knowledge.
In the end,
Knowband Multi-Vendor Marketplace Module is also available for the OpenCart and Magento 2 platforms. Furthermore, the plugin comes with a free technical support period for the initial 3 months. Knowband tech team ensures a bug-free user experience for eCommerce Merchants.
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