An online store is very important for your business today. But sticking to only a single vendor store with a limited product choice is not enough. Users will visit the site, view the products, some will buy and some will get bored. So as to earn as much as possible, upgrade your small online business into a multi-vendor store will a variety of items and goods to choose from. In this article, I will share the benefits of having your own Multi-vendor Marketplace and how you can turn your store into a marketplace like Amazon, Etsy, eBay.
The first benefit of having a high-quality Multi-seller Marketplace is a Wide variety of products available. An online marketplace with its variety of products by multiple vendors saves customers time in looking for products all across the internet. It enhances the traffic and causes an abrupt rise in the sale.
The second benefit is Cost minimization. A multi-vendor marketplace owner saves sellers time and money in website development and maintenance. Store owners in return can earn huge profits and commission without spending on inventory.
The third benefit is Huge Income. Store owners can charge a commission for registration on the store and a fee for each purchase on the website. Membership like subscription plans can prove as an additional source of income for the store admin.
The next benefit is the reduced bounce rate. A wide variety of products available in the store catches customer attention and enhances the customer retention rate.
Now you must be looking for ways to convert your simple Prestashop store into a Multi-vendor Marketplace. Don’t worry, all you need to do is follow 3 simple steps to convert your store into a future rich Marketplace.
1. Go to Knowband site and buy the Prestashop multi-vendor marketplace module.
2. Download and Unzip the extension.
3. Install the module and you are ready to go.
No technical or coding skill is required to transform your store into a Marketplace. In case if you feel any difficulties Knowband will offer you full 3 months of free support.
Prestashop multi-seller Marketplace by Knowband offers mobile app compatibility. With the marketplace, mobile app customers can view the seller products, seller profiles, seller reviews, and orders from their phones. Orders status can be tracked from mobile apps.
Major highlights of the Prestashop Multi-vendor Marketplace module by Knowband
1. Easy Seller Registration
2. Interactive UI
3. Intuitive dashboards
4. Easy seller management
6. Multiple payment systems
7. Easy Order Tracking
8. Smooth Checkout
9. Review Management System
10. Membership plans
11. All Product type support
12. Email Notification System
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