Top 4 Multi-Vendor Marketplace Features To Boost Performance In 2022

By Haribabu | Posted on February 8, 2021

Learn the top features of a multi-vendor marketplace that improve its overall performance.

Webnexs is the best multi-vendor marketplace solution, powered by Magento, to create your own marketplace in only a couple of weeks. Webnexs is the fastest way to start an eCommerce marketplace and earn through commissions with each product sold on the platform.

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The marketplace comes with a full set of multiple vendor management features with power-packed add-ons. To reinforce the functionality of Webnexs’s multi-vendor marketplace performance well with its range of add-ons for the Marketplace.

To create a marketplace, you only need to decide the platform then select the respective multi-vendor marketplace technology.  If you would like to add other features, we’ve add-ons for you, and that we also can develop additional features exclusively for you; customize them to satisfy your business needs.

4 powerful features to improve multi-vendor marketplace performance

Multi-Vendor Marketplace Technical Features

1. Bulk product upload listing features

Every seller features a unique profile on the platform. Nowadays, Online Marketplace is that the new trend and Webnexs may be a perfect multi-vendor marketplace solution that converts your Online Store into an entire online marketplace shop. Any buyers can become a seller and may sell their products on the Marketplace. Now the vendor can manage both the inventory and orders with the relevant panel.

  • Vendors get an automatic CSV template for selling categories.
  • Advantages of getting a separate page to dynamically list valid attribute values.
  • Supports simple and configurable product request import.
  • Ability to create, add, and update stock status and offers.
  • Ability to upload product images in bulk.

2. Multi-vendor marketplace promotions

Vendor Promotions may be a Magento 2 multi-vendor marketplace solution that permits vendors to line promotion rules for their products. Vendors also can configure catalog rules and handcart price rules for their products. Promotional rules created by admin alongside the respective vendor’s rules.

  • Allow vendors to make and manage promotions and coupons.
  • Ability to feature promotions by the seller from the seller panel.
  • Promotions applied to vendor products only.
  • Here the admin can easily create sales rules for any specific vendors.
  • These promotion rules are often applied only to specific vendors’ products.
  • Ability to line up coupon code.
  • Free shipping promotions.

3. Multi-vendor microsites

Microsites are best among various features of the multi-vendor marketplace platform. Nowadays, Online Marketplace is that the new trend and Webnexs may be a perfect solution that converts your Online Store into an entire online marketplace shop. Any buyer can become a seller and may sell their products on the Marketplace. Now the vendor can manage both the inventory and orders with the relevant panel.

  • A separate landing page for the vendors.
  • Display product and relevant collection of the respective vendor only.
  • The vendor’s logo, description, banner, reviews, and return policy are integrated into the vendor’s social media accounts.
  • Supports to add/mention the meta-information for the precise vendor landing page.

4. Multi-vendor marketplace membership

Vendor Membership plug-in helps the admin to segregate and make different membership packages with different fees and benefits. These subscription packages can include multiple conditions like product upload limit and are restricted by time factor-like monthly, yearly, etc. After paying the membership fee, the seller is going to be assigned to a vendor group.

  • Charge vendors to sell on your marketplace.
  • Admin can define product listing limitations and multiple membership levels corresponding to fees.
  • Define multiple recurring billing frequencies.
  • Admin can define separate commission and cancellation fees as per the membership level.
  • Enable vendors to pick and buy available membership types at registration.
  • The vendor is going to be notified of the specified duration for the expiration of membership.
  • Separate page to match memberships.
  • The system will automatically show up vendors’ payment statuses.
  • Now admin can run any promotional campaigns to avail discounts to the vendors on membership packages.

Besides, there are other Vendor extension add-ons that come with the marketplace:

  • Vendor – Payout (PayPal)
  • Vendor – Roles & User Management
  • Vendor/Buyer Communication
  • Vendor – Tax Management, etc which assist you to have full control over vendor management. 

Webnexs may be a revolutionary multi-vendor marketplace solution by which any eCommerce store is often converted into a full-fledged Marketplace website where multiple vendors can quickly add and manage their products.

From payment to shipping & merchandising, and from social media to Maps and Chat, Webnexs is an end-to-end solution for your eCommerce needs. Thus, needless to say, sure your eCommerce store will reach a really next level in terms of traffic, products, customers, and sales.

Get a free consultation on online marketplace platform development with all the extensive features you need.

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