Owning your own online marketplace was formerly seen to be a lofty goal. Knowband has simplified the process for you. The Knowband Prestashop Marketplace Addon is arguably the easiest method to turn your single-vendor website into a multi-vendor marketplace.
It would seem obvious that you could boost sales while still making money.

Giving customers a variety of options to choose from may also result in increased sales. It is difficult to keep a considerable stock. Allowing third parties to sell their products on your website is the ideal method to increase the variety of your options.



Consequently, your best choice is the Prestashop Marketplace Module. Additionally, if you wish to build an online market place and use a Prestashop-powered eCommerce website.

This blog covers a number of key questions about the Prestashop Marketplace Plugin and provides answers to them.



How does the Multi Vendor Marketplace Module for Prestashop work?

- The Prestashop Multi-vendor Marketplace Plugin is available from Knowband; get it here!
- Install the data and files you downloaded.
- Activate the Prestashop Multi-seller Marketplace plugin from the backend. Finish up your adjustments to the Knowband Prestashop plugin. You've effectively converted your company into a marketplace as a result.

How are transactions completed on the Knowband Marketplace?

On the Prestashop Marketplace, sellers can present groups with their products and services. However, businesses must send the products to the administrator for permission before ever releasing them to the market.

From a different Prestashop page, the administrator can even monitor product sales.

Vendors can use the website's standard delivery choices. They might be able to employ their own logistical strategies as well. Additionally, if the business owners approve of this option, the Prestashop Marketplace Addon backend.

With the Prestashop Marketplace module, how do I manage my marketplace?

The Prestashop marketplace extension for multi-vendor greatly simplifies running your website. Vendors can rapidly post their products from their dashboards.

As a result, the products are posted on the website as soon as the manager accepts them from the backend.

Where does the money for the Prestashop Multi-vendor Marketplace Plugin originate from?

The business manager pays a lease fee to the admin for the rented online presence. From the Prestashop Multi Vendor Marketplace Module's backend, they can choose and adjust the universal or percentage-based commission.

in accordance with the membership agreement. By charging merchants a subscription fee to join for a specific period of time, the administrator can also profit from their involvement.



What sources of funding do the sellers have?

Vendors could make money from payments. They can send payment requests to the administrator with ease. On the other hand, the administrator has the option of handling transactions manually or automatically.

Conclusion
For each marketer interested in using Knowband's Prestashop marketplace addon, below are the questions and answers. For you, the Knowband marketplace is an advantageous option. In order to learn more, you may either visit the website or send an email to support@knowband.com.