Being the primary type of multichannel e-commerce, online marketplaces form a special type of e-commerce sites with product and inventory information provided by multiple third parties and transactions processed by the marketplace operators. The operator can also be a vendor, like Amazon, for example. The good news is that you can turn your Magento store into an online marketplace with ease. In this post, we will tell you how to do this.
First of all you will need a Magentostore. The second important condition is the correct extension, suite, module or tool. We will focus on the four solutions: uMarketplace Suite, apptha MarketPlace, Magento Marketplace Multi Vendor Module and Multi Vendor Marketplace Magento Extension.
With uMarketplaceSuite you will turn your e-commerce store into a robust, powerful and feature-rich online marketplace with multiple vendors selling their products through one product catalog and specific microsites. Vendors will be able to add and edit products, manage inventory and accounts, interact with customers and fulfill orders. And you will get all the tools necessary to work with drop shipping workflow, integrate with vendors, track orders and shipments, pay vendors and charge commissions, promote products or even sellers, and control all the interaction between customers and vendors. uMarketplaceSuite price starts at $1650 and you can purchase it here.
Apptha Marketplace is another great marketplace solution for Magento because of vendor friendly interface in the front office of the web-store, vide customization, responsive theme, separate commission rates for every vendor, powerful admin dashboard, vendor specific URLs, portfolios for sellers and product portfolios for every vendor. There are also 4 free add-ons for Apptha Marketplace. The tool itself costs $499 and you can buy it from apptha site.
The Magento Marketplace Multi Vendor Module does almost the same as aforementioned solutions. It converts your e-commerce store in to marketplace with different sellers with rating/feedback system and separate seller product collections. For more features hit this link. The module costs $349.
By installing Multi Vendor Marketplace Magento Extension, you will provide your store with the ability to run with multiple vendors, which will be able to share their product information, add and update different product details easily. The admin of Multi Vendor Marketplace Magento Extension has all rights to accept or reject the vendor request. The extension costs $324 and you can purchase it here.