Selling through marketplaces might be more beneficial to your business than you can imagine. If you are armed with the drive to make your marketplace thrive, it’s time to lure vendors to sell their goods from your marketplace. Online marketplaces are a great way to get started. It allows vendors to sell goods without setting up their own online store, and many traditional businesses are now looking at marketplaces to expand their venture. Selling through online marketplaces provides a flexible business opportunity with relatively 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 own website. One of the challenges of starting any business is attracting customers. Larger online marketplaces offer merchants and retailers access to a massive pool of existing and potential customers.
However, managing a marketplace with numerous vendors is not as easy as it sounds. This is where the newly launched PrestaShop MarketPlace module comes in handy. This module effectively enables business owners to set up and run their business across a marketplace platform, as well as enables the amazing feature of dropshipping. This module combines the benefits of marketplace and dropshipper module into one package to ably track and manage several vendors and their products from one place. This module absolutely simplifies multi-vendor management to another level. It enables easy management of the product catalog, orders, invoices, manifests, payments etc effortlessly.
The extremely user friendly interface of the Marketplace Extension is easily navigable and used by store owners to manage the varied vendors, vendor products, orders, commissions, payouts etc. Other rich features include fast shipping process, secure payment services, website visibility increment, social media interactions, multiple language support, multiple currency format support etc.
The dropshipper feature integrated into this module is incredibly functional with amazing in-built features that are easy to configure, it smoothly takes total control of your entire multi shipping management. Automating the shipping process saves you considerable, valuable time, reduces the risk of manual data entry errors and enables the shipments to be dispatched quickly! Further, the module adeptly facilitates and optimizes the way orders are managed and coordinated with the vendors. This notable PrestaShop module ably controls all the transactions that does 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!