Magento2 Multi Vendor Marketplace – IF you will see nowadays marketplaces are everywhere. That means nowadays users are creating marketplaces for their verticals as well. Example – Food Marketplace, Book Marketplace, Grocery Marketplace, Doctors Marketplace and much more.
Magento 2 Multi Vendor Marketplace – https://store.webkul.com/Magento2-Marketplace.html
Why There is huge Demand of Marketplaces?
The reason is quite simple. You have more vendors, more products, more traffic and for sure more sales conversions. Almost every big E-commerce site in the world right now is a marketplace. E.g
- Amazon
- Ebay
- Flipkart
- Alibaba
- Souq.com
- lazada
- rakuten and more
Yes, there is always a discussion about how to gain traffic and attract more sellers. As marketplace totally depends upon the vendors and products.We will discuss more on this topic in next Article.
How to build Multi Vendor Marketplace in Magento 2?
As Magento 2 is the latest release of Magento framework. Magento dominates the e-commerce marketplace from both B2b & B2C segment from the last couple of years. Well if Magento1 was that great then why there was a need of New Magento 2?
We really need to understand above question very carefully. As loads of our customer find Magento 2 little hard to understand and use. I will try to explain in depth explanation-
The power of Composer:
As per from the official composer website https://getcomposer.org/
“Composer is a tool for dependency management in PHP. It allows you to declare the libraries your project depends on and it will manage (install/update) them for you.”
Yes, Composer was one of the reasons or you can say dependency management was missing in Magento 1.
That’s why it was hard to manage the third party integration, update the framework and extension integration. Thanks to Symfony community for this Brilliant and remarkable approach of managing PHP project in this way.
There is a Great video from the Symfony creator itself. I would highly suggest checking this video
Command Line Utility:
Which is also the part of Symfony project but This is really awesome. Magento 2 is truly working now as a framework like Symfony or Laravel. You may check the composer.json file of Magento
https://github.com/magento/magento2/blob/develop/composer.json
That is superb. Even now you can see the role of composer here. That Magento is using Symfony bundles which are huge.
Dependency injection and code generation
Almost all the modern and popular framework works in this way only. Magento 2 also comes in various modes. Which is super useful if you are using some reverse proxy cache system like Varnish. Magento 2 already have inbuilt FPC ( FULL page Cache system).
There are tons of Other Advancement been made in Magento 2. So for sure, you must try Magento 2.
That’s fine but our actual discussion was based on Marketplaces. Where is the marketplace?
Do Magento 2 Suits for Multi-Vendor Marketplace?
Yes, This is a major concern for the store owners or merchants and they keep asking us that Magento 2 is mature enough for the multi-vendor marketplace with millions of SKU and 1000’s of concurrent users?
And our answer always is YES, Magento 2 is highly scalable to handle the traffic or such amount.
Let me dig deeper into it. First of all, when you have that amount of traffic then for sure along with the framework you must have supported 3rd party infrastructure and that’s where cloudkul comes in.
You need to have scalable hosting as we are using AWS, google for that purpose. AWS been used by millions of website around the world. Also if you will check Magento 2 almost every scalable tech support is there. Example –
- Inbuild full page cache ( FPC ) & Varnish Support.
- Latest PHP7 support inbuilt opcode cache almost comparable to HHVM.
- Code generation and Scalable & reactive cart using knockout js.
- Require js inbuilt support. That means on-demand JavaScript load and less overhead.
- Redis Support.
- Memcached Support.
- RabbitMQ support which is huge
and there are much more. If you are building Marketplace where tons of vendors and buyers are there. Such kind of things is vital. You can’t grow without a brilliant and scalable platform.
That’s fine but I am a startup or SME marketplace do we still need those stacks?
Well, 100% speed is everything. You need to understand your first step of the business is your Webstore or Mobile App. If that is not functioning well or you may say slow for sure you will loose many of customers. We do offer Speed optimization for marketplace
That’s great but what about marketplace features and functionality?
Little Bit of self-promotion 🙂 but webkul is known for their Marketplaces, Mobile App, ERP integrations and SAAS based apps. We understand commerce in much better way and that is reflected in our product.
You will see every feature of A true Magento 2 Marketplace in our product. Also, we have built the complete system in a modular way. What does that mean?
It’s simple everyone knows that building Marketplace are hard but it’s getting simple if you are using webkul products. But Why so many addons?
The reason is simple We truly think that every Marketplace is different & Every Commerce is different. Example – Some of our customer demand Bulk Upload some don’t? Some living in brazil so they demand Correios shipping instead of UPS or USPS. That’s why based on customer demand we have built this module system of addons.
You will see almost every addon prebuilt we have invested our more than 7 years on the same and still doing so 🙂
What Kind of Features webkul Magento 2 Multi Vendor Extension & addons have?
As discussed Earlier Almost Every Feature you expect from A marketplace. I am Adding few of them here
- Mass Import and Export for the vendors as well as marketplace owner.
- Microsites for the vendors and profile pages and URLs like Amazon or Alibaba.
- Every Shipping Method Support (e.g Fedex, UPS, USPS, Table rate, Aramex, Dhl)
- Every Payment Method Support( E.g Paypal, Stripe, mangopay and much more)
- Multi Vendor Mobile App for IOS and Android.
- Split Payment and split orders Among vendors and marketplace.
- Flexible commission system.
- Vendor Dropship Management.
- Marketplace store pickup Functionality.
- All kind of Product Type Support any kind of Marketplace is supported From Music Marketplace to Booking Multi-vendor Marketplace From Retail marketplace to reverse auction marketplace.
- Sales promotion Addons like an auction, deals, SEO etc.
- Multilingual Support from LTR to RTL including Arabic. You can Start your Arabic marketplace like SOUQ.com in Jeddah or Riyadh in Saudi Arabia or in Qatar or in MENA region.
- Same product SKU sold by multiple vendors like amazon or eBay.
- Please check the complete list of Magento 2 Multi-vendor add-ons here https://store.webkul.com/Magento-2/Marketplace-Addons.html
Those are few but you will find almost every extension of your needs to start a true Marketplace.
So Wait if over Let’s start a True Magento 2 Marketplace using Cloudkul Hosting for marketplace & Webkul add-ons with Multi-vendor Mobile Apps.