Selling through marketplaces might be more profitable to your business than you can think. If you are armed with the ambition to make your marketplace thrive, it’s time to entice vendors to sell their assets from your marketplace. Online marketplaces are an exceptional way to get started. It enables vendors to sell goods without setting up their online store, and several traditional businesses now seem at marketplaces to extend their venture. Selling through online marketplaces presents a flexible business opportunity with comparatively low start-up costs. eBay and Amazon are prime examples of well-established marketplaces.
Many of today’s most prominent and successful online retailers began humbly as a small set up or at home and grew organically within an online marketplace before branching out into their website. One of the hurdles of starting any business is fascinating customers. Larger online marketplaces offer dealers and retailers access to an extensive pool of existing and possible customers.
However, maintaining a PrestaShop multivendor marketplace is not as simple as it sounds. This is where the recently launched PrestaShop MarketPlace module comes into place. This module effectively enables business masters to set up and run their business across a marketplace platform, as well as allows the amazing characteristic of dropshipping. This module combines the advantages of a marketplace and drop shipper module into one package to ably track and manage several vendors and their products from one place. This module clarifies multi-vendor management to a different level. It enables easy control of the product catalog, orders, manifests, payments, invoices etc. effortlessly.
The remarkably user-friendly interface of the Marketplace Extension is easily navigable and used by store partners to manage the varied vendors, vendor products, commissions, payouts, orders, etc. Other rich features involve fast shipping process, social media interactions, multiple language support, secure payment services, website visibility increment, multiple currency format support, etc.
The drop shipper feature combined into this module is especially functional with amazing in-built features that are easy to configure; it smoothly takes total command of your entire multi-shipping management. Automating the shipping process conserves you considerable, valuable time, decreases the risk of manual data entry errors and allows the shipments to be dispatched quickly! Further, the module adeptly expedites and optimizes the way orders are managed and coordinated with the vendors. This notable PrestaShop module ably controls all the transactions that do it rounds amongst business owners, vendors and customers in an efficient manner, thus attracting more vendors to be a part of your online business.
Marketplaces offer a unique channel to the owners & retailers and also access to new sources of supply & demand. This exemplar extension is highly beneficial, and easily allows even non-tech-savvy business owners to manage their marketplace from the easy-to-use admin panel. Third party retailers and vendors, along with their products, can be easily and completely managed and coordinated from this richly featured platform. It’s a one-stop shop for starting a marketplace. You can also Checkout Prestashop Multivendor Marketplace extension from Module Bazaar.