Features-List of Magento Multi-VendorMarketplace for eCommerce BusinessDo you know what’s common among leading eCommerce brands like Amazon, eBay, Alibaba, and Walmart? Yes, these are all well-known, globally successful, and million-dollar eCommerce brands available in the digital space. Surely, when it comes to taking the name of a popular eCommerce website, the names of such brands appear in the first place. In addition to the above, there is one more common thing among all such brands. And, that is Magento multi-vendor marketplace that allows multiple vendors to register and sell their products on a single eCommerce platform. And, if you are looking for specific Magento multi-vendor marketplace features for Customers, Vendors, and Admin, then this blog will be helpful for you. The agenda here is to discuss the distinctive features of a multi-vendor marketplace basedon Magento to know its reach and extensibility. And, because it will help you deal withthe leading multi-vendor eCommerce marketplace development companies inIndia. So, let’s get started on the same. Why is that beneficial to create a Magento Multi-Vendor Marketplace? A multi-vendor eCommerce marketplace offers you endless opportunities to grow, extendthe customer, add more products, and enhance sales patterns. Unlike relying onthetraditional eCommerce model in which product procurement and sales dependcompletely on you. Creating a multi-vendor marketplace allows you to become theintermediary between vendors and customers. Follow the profitable path of Amazon, Walmart, and other brands to add as many vendors as you want and sell more products.
Magento, being a popular and one of the trusted online commerce platforms helps you create fast, responsive, and feature-rich eCommerce website. It allows you to standabove the competition and avail of the following platform benefits. Easy to integrate more than 50 payment gateways. A number of extensions and modules are available to create manifold functionalities. Free version to access. Complete PWA support for providing an intuitive mobile app experience. Limitless scalability and customization options. Feature List of Multi-Vendor Marketplace Based on Magento Now, we come to the most important parts of the discussion i.e., focussing on manifoldfeatures of Magento multi-vendor marketplace platform. The features are dividedintothree equal parts namely customers, vendor, and admin. Each category has a distinctiveset of features to ensure the hassle-free working of the platform and seamless business operations. Let’s have a look at the different features of the Magento-based multi-vendor eCommercemarketplace. Key features for customers Check out the features of Magento’s multi-vendor eCommerce store for customers toaccess the platform with ease and comfort. Sign-in/Sign-up feature: As the name itself implies, the platformmust have the feature of allowing customers to sign up or sign-in. It can be done using the email ID, phone number, name, social media credentials, and more. Single-step checkout: Another imperative feature of the platformshould be asingle-step checkout process. This feature allows the customers to add products to the cart and make payments for the same in a single step only. Product search & filtering option: With these features, customers find it simple to search for the relevant products and add filters to find selected items only. Order status: This feature is primarily used for showcasing the order status andits current stage to the customers. It is important to create this feature to maintaintransparency with customers. Chat feature: This specialized functionality is required to allow the customers tochat freely with product vendors. Order purchase history: It provides the complete history of previously purchased products by customers, reviews, payments, and delivery time. Key features for vendors
Vendors play a vital role in ensuring a hassle-free multi-vendor eCommerce marketplace. For the convenience of multiple vendors, you must implement the following fewfeatures. Registration: This particular feature is an important aspect of the platformthat allows vendors to abroad on the Magento website. There should be a hassle-free registration process for vendors to create their profiles and add product information. Sign-in/Sign-up: Integrate specialized functionality of sign-up using particular credentials. Also, enable the functionality of vendors signing up by using email or social media credentials. Profile: The vendor profile feature allows the merchants to check out their dashboard, and business information, and make changes accordingly. Product management: Add products, manage them, change prices, add descriptions, and perform other product management tasks. Order processing: Another significant feature is the order processing that allows the vendors to receive notifications regarding placed orders, access to shipping, and more. Analytics: A specialized dashboard to analyze the performance of vendor’s products on the Magento multi-vendor marketplace. It provides insights into the customer buying pattern and product popularity. Key features for Admin Admin is none other than you itself. As an enterprise investing in the development of Magento-based multi-vendor online marketplaces, here are features for you. End-to-end marketing management tools and functionalities. SEO integration and management to boost the store’s web traffic. Analytics dashboard to foresee the performance of each product vendor. Multi-lingual and multi-currency supports to meet the requirements of customers belonging to different demographics. Concluding Thoughts In a nutshell, creating a Magento-based multi-vendor marketplace is profitable to cater tothe wide requirements of millions of customers. With the help of a reliable Magentodevelopment company and solutions partner like OrangeMantra, add necessary features to the platform. And, stay ahead of the competition with the help of an intuitive, feature- rich, and mobile-responsive eCommerce platform.