Using this plugin both the admin and suppliers can have the privilege to develop a marketplace for wholesale. Wholesale dealers can join the marketplace as a supplier and can get benefitted from a large customer base.
B2B marketplace for buyers and sellers will be beneficial for suppliers, as they will be able to connect to a large number of customers. More the visitors, the greater will be the conversion rate. This will ultimately help them boost up sales and maximize their revenues.
Manage B2B suppliers in this plugin is quite easy, the admin can set the commission as per their requirement. Also, the admin can configure different commission for different suppliers as per their business requirements.
Quick order features enable B2B customers to make a quick checkout by adding products into the cart using CSV files. Also, the buyer can add multiple rows and can search a product with the help of SKU and product title as well.
Note: It is based on Socket.IO, and the user needs to install node on its server to use the plugin.
Highlighted Features
Supplier Separate Dashboard
The supplier of the marketplace has its dashboard where they can check total sales, commission amount, paid amount, etc.
Restrict Suppliers Product Type
The admin can select the product types for the suppliers which will be available to them.
Restrict Suppliers Categories
The admin can decide which categories they want to assign to the suppliers.
Supplier Approval
The admin can auto-approve the suppliers or can manual approve them after registration.
Unique Commission
The admin can set a unique commission for each supplier.
Supplier Feedback
The customers can provide feedback for the supplier from the front-end, which the admin can manage.
Post Product Query
The customers can post their queries related to the product on the product page.
Buyer Seller Communication
The customer and suppliers can communicate with each other.
Support Quick Order
The customers can purchase multiple products on the website without visiting a separate product page.
Request for Quotations
The customer can send quotation requests for the bulk purchase of the products.
Unique User Quote
The suppliers can offer a unique quote for the customers on every quotation request.
Supplier Shop Inquiry
The suppliers can ask any queries to the admin from their end and the admin will respond over that.
Benefits of using B2B Marketplace for Buyers and Suppliers
The eCommerce business is divided into Business to Business and Business to Customer. In Business to Customer e-commerce, the customer is a final consumer. But in Business to Business e-commerce the customer is another company. If you are planning to open a B2B Marketplace for Buyers and Sellers then, in that case, there are many parameters which you need to understand and implement in a better way for better results.
In the B2B eCommerce business, major customers are wholesalers. So, the pricing policy is often changed based on the volume of order and price list for wholesale buyers. Also, it depends upon the negotiation from both suppliers and the customer sides. Also, it is very time-consuming to pick products and add them to the cart step by step as a retailer, when the volume of the order is huge including a lot of products.
These are some major concern which can be eliminated by using this module for your website if you want to convert it into a complete B2B marketplace solution.
Original Published:- https://store.webkul.com/woocommerce-b2b-multi-vendor-marketplace.html
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