Magento Marketplace Extension designed and developed by Knowband can convert any Magento-based eCommerce site into a fully-functional marketplace. By enabling the multi-seller functionality in the store, the Magento multi vendor marketplace extension allows the third party sellers to sell their products on your site. The Magento multi seller marketplace module add a link in the front-end of the site. The vendors and even customers can fill a simple form and become the seller of the marketplace.

Some of the exceptional features offered by Magento marketplace module by Knowband are mentioned below:

Commission Management: The store admin can even fix the global or order-wise commission from the back-end of the Magento marketplace plugin.

Easy Marketplace Conversion: All you need to do to upgrade your site into a marketplace is to install the Magento multi seller marketplace module in your store. This will automatically convert the site without actually making any code changes.

Category and Product Management: The store admin gets complete control over the category and products of the store. The sellers can only upload the products in the category allowed by the admin. They can even request to add new category which is enabled from the back-end of the Magento multi vendor marketplace module. They can view and manage the products listing from the admin interface of Magento marketplace module. The admin can approve/disapprove the products of the sellers from the back-end of the Magento multi vendor marketplace module.

Order Processing: The sellers get notification whenever they receive an order. The shipment is the responsibility of the sellers. However, the store owners can track the orders from the Magento multi seller marketplace plugin.

Complete Sales Report: The statistical report of the sales offered by Magento marketplace plugin makes it easier for the store admin to track the performance of the various sellers as well as products.

Review Management: The customer reviews are displayed in the front-end only after the approval of the admin from the back-end of the Magento marketplace module. The store owner can even enable auto-approval with the help of Magento multi vendor marketplace module.

Multi-lingual Compatibility: The Magento marketplace extension offers multi-lingual and multi-currency support.

Seller Benefits of Magento Marketplace Module

The sellers get an easy interface to register in the Magento marketplace.
Seller gets a separate dashboard for managing their profile, inventory and orders.
The seller can even request the store admin to add new category or sub-category in their profile.
The vendors can add banners, logos and social links on the seller's page. This makes it easier for them to attract the customers.
A separate invoice is created for the different sellers in case the product of more than one seller is added to the cart.

Customer Benefits of Magento Multi vendor Marketplace

With the multi-seller functionality, the customers get to choose from a wider range of options and that too at competitive prices.
A single invoice is generated even when the customer order the products of different sellers.
The customers can send their reviews for the products as well as sellers. These reviews are first approved by the admin from the back-end of the Magento multi-vendor marketplace module.

Module Link: https://www.knowband.com/magento-multi-vendor-marketplace-plugin

User Manual Link: http://www.knowband.com/blog/user-manual/magento-market-place/

Admin Demo Link: http://marketplace.knowband.com/index.php/admin/dashboard/index/key/a35031d5a24beb0c5a0d4b03bce99a2b/

Front Demo Link: http://marketplace.knowband.com/

More more Magento extensions, visit Knowband.