How to create your online marketplace with Magento

Article by Charlène Guicheron - 07 Nov 2017 - 4 minute read

You have a small business and you want to set up an online marketplace to grow your business massively. You have lots of options. Among them, is Magento, one of the best ecommerce platforms built on open source technology and provides online traders with a flexible shopping cart system. You can also create online marketplace with Magento which offers marketing, search engine optimization, and catalog-management tools.

When you create online marketplace with Magento, you'll find this marketplace has some benefits such as -

  • Easy to install as Magento is an open source code
  • Can put up great number of products as it is spacious
  • Compatible with portable devices
  • Provides multiple payment gateways and protected transactions
  • SEO friendliness helps improve the page ranking

 

Magento 2, the latest version of Magento, is an elite shopping cart that offers the merchants with all the features, functionalities and facilities a company or an entrepreneur needs to run the course of its business into profitability. To create online marketplace with Magento is swift, secure and compatible with varied range of applications, platforms, and devices. However, Magento 2 itself is not able to accomplish your online business goals.

When you like to create online marketplace with Magento, you have to meet certain fulfillments to achieve a productive level of activity on your Magento 2 website. To get the most from this feature-rich and powerful ecommerce platform, you must need to install some free or paid plugins or extensions in your shopping website. These plugins will help you expand functionality of your online shops and assure future-proof business with high returns and optimized profits.

Here we are discussing about the most popular 5 plugins of 2017 for you. 

  1. Apptha Multi-Vendor Extension
  2. Vnecoms Marketplace Magento 2 Extension
  3. Rocket Bazaar Magento 2 marketplace solution
  4. WebKul Marketplace Multi Vendor Module
  5. Magento 2 Advance Testimonials Extension

Apptha Multi-Vendor Extension

  • Price: $499 for 3 months
  • Price: $999 for 1 year

One of the most popular plugins is Apptha’s Magento 2 multi-vendor marketplace platform which is incorporated with some rich features that will help you greatly to create online marketplace with Magento. Its sales increasing features cover everything from setting global commission rates to managing monthly or annual subscriptions.

The plugin or extension is designed with two different types of themes with five diverse color alternatives and built with social-media friendly website and widespread control features for admin, vendors, and users respectively. This plugin allows vendors to add 4 different product types.

Features offered by Apptha marketplace:

  • Fast and reliable creation of a multi-selling website
  • Product comparison feature for shoppers
  • SEO-friendly URL, internal communication,
  • Easy commission calculations
  • Social media-friendly

Vnecoms Marketplace Magento 2 Extension

Price: $399 (includeing lifetime support and upgrades)
Vnecoms marketplace Magento 2 plugin or extension lets the sellers have a separate panel where they can manage products, sales, orders, invoices, and shipments. As a seller you can customize your storefront within the Magento 2 marketplace and manage your stores from any device with a responsive panel.

Being the marketplace owner, you can earn a set fee for each order received by a sellers. This plugin has the option for supporting the largest variety of product types, and the sellers are able to add 6 different kinds of products.

Features offered by Vnecoms marketplace:

  • Easy management of vendors
  • Manage transactions
  • Vendor Product Management
  • Individual group commission rates
  • Reviews and ratings from the customers every time an order is placed

Rocket Bazaar Magento 2 marketplace solution

Price: $ 4,999
Rocket Bazaar Magento 2 marketplace solution is a robust, next-gen, end-to-end, ready-made solution that enables marketplace owners to create their marketplace website. This plugin or solution is designed to facilitate multiple vendors to sell their products on one platform, and customers have the option for buying from different sellers and giving a highly competitive edge to transact with minimal efforts.

The marketplace owner earns out of commission, promotions and order fulfillments.

Features offered by Rocketbazaar marketplace:

  • Vendor Management
  • Customer care management
  • Third party integration
  • Offers, promotions & conversion management
  • Dashboard & advanced reports
  • Trust & safety management

WebKul Marketplace Multi Vendor Module

Price: $349
Webkul Marketplace Multi Vendor Module converts your online store into the one which can support multiple sellers and provide a different seller portal on the front-end of your site. Here customers can rate and give reviews to different sellers. All the sellers can customize and manage their profile with a shop banner and logo and also can add unlimited products. Sellers can also be able to change the shop URL.

Features offered by Webkul Marketplace :

  • Admin order approval
  • Product purchase limit
  • Seller can add Related products, Up-Sell products, and Cross-Sell products
  • Separate Seller Registration Page (Seller Central)
  • Automatic Seller profile URL Generation

Magento 2 Advance Testimonials Extension


Price: $49 only
Advanced Testimonials Magento 2 plugin or extension lets you have testimonials in your store which is very helpful to convince new visitors to purchase products or services at your store. This plugin provides with a user-friendly experience for each user. Magento 2 extension allows admin to upload images and it is shown in testimonials listing page.
Using this features your testimonial page become more trustful to other customers.

Features offered by Advanced Testimonials Marketplace :

  • Easy to install and manage
  • Use friendly interface
  • Rich configuration options
  • Create attractive content
  • Enabling reCaptcha on testimonial form.

It would be a worthless try to glorify Magento 2 anymore as it’s already one of the most popular ecommerce platforms that merchants around the world use to power their online stores. Nevertheless, if it is a well known e-commerce solution, Magento does not address everyone. Indeed, if you're a beginner with no technical skills, this may not be the ideal solution for you. The question is how much time and what budget do you have to develop your marketplace? 

Charlène Guicheron
About Charlène Guicheron

Co-Founder and CEO of Kreezalid

After 5 years helping companies to develop their online marketplace, I saw success stories as well as failures. Today I share my experience and my clients feedbacks through useful resources that will allow you to focus on what really matters for the success of your online marketplace. Because believe me, the secret isn't in the code ...

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