one of the leading software development companies worldwide releases a marketplace extension for the Magento eCommerce store owners so that they can provide a platform to multiple vendors to sell their products to the large audience.
It is amazing how eCommerce has changed over years and today, wholesalers are also moving towards B2B and B2C. Also, M-commerce has been booming since its inception. M-commerce has been widely accepted by the people across the world because of the increasing number of people using smartphones to browse online. However, with the advancement in thoughts and technologies, the concept of marketplace is slowly and gradually gaining popularity.
The multi-vendor market place extension, as the name suggests, is all about providing a platform to multiple vendors to sell their products to a large number of customers; benefitting the vendors as well as customers, making it a win-win situation. While vendors will get a huge number of audiences, customers will get a huge variety of products.
Admin can add as many vendors as he wants to his marketplace. He can set commission with all the vendors for all products and the pre-decided commission amount gets deposited into his account on the purchase of any product. Vendors can manage the product and product categories. They have a chance to maximize the number of visitors, thus increasing their conversion ratio, sales and revenue. Customers get a large number of options of the products to choose from. Also, if multiple vendors have same products, customers can view the seller who is selling it with the least price (including shipping charges).
Mr. Chintan Shah, the CEO at Brainvire says. "Online shopping has become a necessity, more than a trend, because of which eCommerce and mCommerce are widely accepted across the world. However, the concept of marketplace is gradually emerging and we are here to facilitate the marketplace owners, to help them multiple vendors and customers worldwide. Also, the retail study shows that wholesalers are moving towards the B2B and B2C retail market, because of which Brainvire has come up with this multi vendor marketplace extension. Our expert developers have developed this extension and the amazing features like vendor management, brand management and catalog management will help you take your Retail / Wholesale Business to the next level."
Brainvire is the one stop solution for all your Information Technology needs. The company provides a comprehensive range of services and a complete web and mobile development solutions. It has got clients from all the sectors and countries across the world.