It won’t be over saying if we say that the success and popularity of Magento is not only because it offers out-of-the-box features and a huge community, but it is also because of thousands of Magento extensions that help online store owners to add a lot of feature and functionalities while improving the performance of their online store. One such extension is Magento Marketplace, which is rapidly becoming popular among the Magento store owners.
One of the biggest benefits of the Magento Marketplace Module is that it will enable online store owners to let the third parties like sellers, suppliers and consumers to sell their products or services on their online store. You can say that such extensions will help you transform your online store into an “Online Marketplace” where you can allow other people to sell over your online store and use it as online market to reach out millions of potential buyers through your eCommerce site.
It lets the users subscribe and get their own accounts where they can easily login and build as well as manage their own homepage, login profile and products they place on your online store for sale. It will help you open the new doors of opportunity for the online store owners to open up multiple vendors and let them sell their own products on your website.
Such extensions also support separate seller profile, which enable the sellers to manage and update their products on the go. It brings a whole host of features for both the store owners as well as for the suppliers or retailers willing to sell their products online without investing more time and money. It will allow the store owner to incorporate secure payment methods where the owner of the site will first get money from the potential buyers, and later on he or she transfers to the seller’s account.
With the help of Magento marketplace module, it would be very easy for the third party sellers who don’t have enough budget set up their own website to sell their products. They will have a huge benefit of cost saving. On the other hand, it will let the online store owner to leverage from some smart profits while getting the benefit of a huge traffic that too without any efforts or investment in internet marketing.
Are you an online store owner wishing to transform your online store into an online marketplace where the sellers and buyers can communicate, sell and purchase products directly from your online store? If yes, then this Magento extension is all what you need. It will let you increase the visibility of your online store while leveraging from the improved conversion rate and online business revenue.
From the above discussion, it is quite clear that the Magento marketplace module can help the online store owners in many ways. What’s your take on this? Share your views in the comments…!
