Purchasing the Prestashop Marketplace Addon to build the platform would be the first obvious move here. Because it makes quick money, the Prestashop Marketplace is a particularly well-liked choice among merchants. In actuality, there is no such thing as trying too hard. This is the spot for you if you have decided to purchase the Prestashop Marketplace Module from Knowband and are eager to make the next move.

When you've decided to create a Prestashop marketplace, you have several options. In addition, we'll list six of the most crucial considerations you should make while constructing the platform using the Prestashop Marketplace Plugin. Take a peek at them now.


Aspects of the Prestashop Multi vendor Marketplace Module by Knowband

Utilize the Prestashop Multi-vendor Marketplace Plugin to transform your store
Setting up your marketplace is the first step in utilizing Knowband's Prestashop Multi-seller Marketplace Module. Even though it's the most elementary of duties, if you don't complete it, reading this post is pointless. As a consequence, you should use the Prestashop plugin to create a functional platform where other people can go and sell their goods. Additionally, you profit each time a seller completes a transaction. As a consequence, it's not a terrible idea to use the module to create your marketplace.



Invite vendors forward and allow them to sell their wares
The Admin Interface for the new Prestashop Multi Vendor Marketplace Module is quite straightforward. We'll focus on the features we're interested in, even if the most recent version has other new and fascinating features as well. Additionally, one of the features enables you to decide if the merchant is permitted to sell on the website. In fact, keeping additional merchants on the platform is the only genuine way to raise your revenue. Additionally, a wide selection of merchants will increase the number of customers on your Prestashop Marketplace. As a result, the brand can reach a larger and more varied audience.

Customize the commission rate with caution
One of the ways to make money in the Prestashop Marketplace Addon is through commission from sales. Additionally, commissions have a big impact on a site's revenue or success. You may modify the settings using the Knowband marketplace module on the backend. You can choose to impose a fixed commission rate on all sellers or a variable fee rate on certain suppliers. Furthermore, while deciding how much commission to charge particular suppliers, the administrator (you) should proceed with the utmost caution. Therefore, carefully adjust the rates.



Utilize the email formats provided by the Knowband Marketplace
For streamlined communication, the Prestashop Marketplace addon from Knowband comes with over 30 built-in email formats. The Prestashop addon's emails give administrators, sellers, and customers access to critical details about it all. The plugin offers access to emails for anything from admin notifications to seller registration notifications. For instance, a received order, a change in the status of an order, a payment request, and several other events, emails are valuable to everyone in the marketplace.

Employing CSV and XML for import and export
This is a new aspect in the most recent version of the Prestashop Multi-vendor Marketplace Plugin. In reality, the merchants had been anticipating it for a while. Sellers can use the CSV/XML Import/Export option to quickly and simply submit products in groups and bulk. Additionally, consumers may import and export product data directly from their dashboards in the proper format.



Observe everything
The admin can keep an eye on and keep track of everything that happens on the platform thanks to the Prestashop Multi-seller Marketplace module. For instance, the kind of orders the sellers receive, the commission earned from such deals, and many other variables. Once the platform is operational, you may assert that the admin's work is over. The work of the administrator, however, never stops.

In the end
Thus, this is what you can do once you plan to have the Prestashop marketplace addon by Knowband. What do you think of the plugin? Do you want to expand and have your own platform? Let us know your queries at support@knowband.com.