Marketplaces are seen as the new medium of business opportunities as they can improve the sales and conversion rates for any online store. They serve as an external sales channel that provides merchants a chance to sell their products or items if they are unable to influence customers on their online store for the first time. These online marketplaces are seen as a major relief for various small and medium eCommerce stores that do not have a much stronger customer base and visibility in the online world.
Everything is going to change sooner with the emergence of this PrestaShop Marketplace module that can provide an opportunity to each and every PrestaShop store to turn themselves into a full-fledged marketplace store for achieving desired business returns. Here, we are exploring the amazing features of this PrestaShop Marketplace Module that has been a blessing in disguise for the large community of sellers that are spread around the world.
1. Facilitates easy registration facility for seller community
The brilliant USP of this excellent eCommerce marketplace is its effortless registration facility for the seller community. Now, sellers can seamlessly register from the front end itself by selecting the “Register as Seller” option on the registration form.
2. Easy account management
With this PrestaShop Marketplace Module, sellers can effortlessly manage all their account activity through the front end only without any requirement for back end login. They can manage their account profile and product details without any problem.
3. Offers analytical data for quick decision making
Tracking customer and checkout behavior on a site is a critical task as it influences the purchasing decision, customer engagement, conversions, and product sales. This PrestaShop Marketplace module helps in tracking sales information in the form of average revenue per order statistics, items sold, order earnings of sellers, and other such data in the form of graphs and other analytical figures.
4. Provides easy customization facility
Sellers can now quickly add banner, shop logo, custom HTML, additional special price, product enable/disable, product quantity update, and other such elements on their seller account without any hassle. Due to this brilliant feature, making changes in the seller’s account has become a cakewalk experience for numerous store owners across the world.
5. Helps in displaying detailed reports to seller account holders
This PrestaShop Marketplace Module provides detailed nature of reports in the form of income, revenue per order, items sold, interactive seller transaction report, and other such information. In this way, it is much easier for any PrestaShop store to achieve its desired goals and business aspirations.
6. Payout Management
The sellers will seek a payout for the remaining balance. The seller may specify the payout sum and purpose, as well as choose one of the three payment methods available.
Admin will approve Payout requests with a single click of a button. For initiating the payout request of the sellers, PrestaShop Marketplace Module provides Bank wire, Pay by Check, and PayPal options.
The PrestaShop Marketplace Module is compatible with Marketplace Mobile Application and you can build your application in a few clicks. It is GDPR compliant and supports multiple languages and currencies.
PrestaShop Marketplace Gold Plan
The Gold Plan is a package of several marketplace modules that supports PrestaShop Marketplace addon and adds several extra features to it.
Along with multi-vendor Prestashop Marketplace modules, the following modules are included in the Marketplace Gold plan.
PrestaShop Marketplace CSV Import/Export Addon
PrestaShop Marketplace Customers-Sellers Ticket System Addon
PrestaShop Marketplace Low Stock Alert Addon
PrestaShop Marketplace Deal Manager Addon
PrestaShop Marketplace Sellers Invoice Addon
PrestaShop Marketplace Sellers-Admin Ticket System Addon
The Prestashop Marketplace Gold plan enables the store owner to expand his or her company.
Conclusion:
It is time to explore the business potential of your PrestaShop store with the help of a feature-loaded eCommerce marketplace that can provide equal opportunities for both the seller and buyer communities. You need to install this outstanding PrestaShop Marketplace Module for your online store that can transform it into an extraordinary online marketplace for boosting your chances of business growth, conversion rates, and product sales.
If you missed reading the previous article, PrestaShop Marketplace Addon Part-1, Click here and explore more…
Related Stories: