eBay Inventory Mapping API Update: A Seller’s First Mover Advantage
It takes on average 5 to 10 minutes to list a single product on the
Online shopping is the top trend in the current scenario. With the number of online buyers rising to 1.92 billion, online shopping has emerged as one of the favorite online activities of the population. At this point, the multivendor marketplace is the latest buzz around the eCommerce industry. The Cedcommerce multi-vendor Marketplace solutions are made to make the online experience convenient and time-saving.
The multi-vendor marketplace platform has become the most popular way to sell and buy physical and digital products. Small business organizations, as well as giant organizations, are finding their way online by creating their multi-vendor marketplace.
To stand out in the competitive world of eCommerce, your multi-vendor marketplace needs to be exceptional. Entrepreneurs worldwide are trying to beat each other to rank high in the eCommerce industry.
In such a competitive environment, the best you can do is explain your multivendor marketplace’s goal and approach to the audience. Promotion is one major factor that decides the future of an online multivendor marketplace. The better your promotion strategy, the more audience you have. But dealing with promotion-related issues can be a tough and time-consuming task.
But, we have got it covered for you. Cedcommerce can help you in solving the promotion-related problems of your marketplace. Want to know how?
Let’s begin!
Here is a stat by eMarkter that shows the increase in retail e-commerce sales year by year.
The growth of your multi-vendor marketplace needs to adopt favorable approaches that can help acquire sellers and customers. It is very important to build an effective promotion strategy to make your virtual multi-vendor marketplace a globally famous and giant marketplace platform. Talking of which, let’s have a look at the top requirements for your multi-vendor marketplace:
CedCommerce Multi-vendor Marketplace Solution is without a doubt the best stage for creating an online multi-vendor marketplace, completely stacked with add-ons that are equipped for illuminating each advancement-related issue. Promotion is the ideal approach to drag a natural activity to your site because it has assumed a fundamental part in expanding the organization’s offer.
Here is a list of add-ons available with Cedcommerce multi-vendor marketplace to enhance promotion-related problems:
Cedcommerce multi-vendor marketplace provides this addon to their vendors to help them manage various offers at different places. You can avail of the offer at cart or catalog, but different rules are set to offer different deals.
If a vendor wants to apply a discount on a particular product page or product category (before adding it to the cart), he can opt for the catalog price rule it offers.
Whereas in the shopping cart price rule, a discount can be availed based on
These offers are applicable after adding the product to the cart so that the user can mend these rules per their demand.
Check out the Vendor Promotion Rule Addon here.
Cedcommerce multi-vendor marketplace package offers “vendor deal addon.” It allows its clients to offer deals to customers where the customer is approved to run promotional offers for their clients. Moreover, the vendor has all the rights to manage offers and can amend them anytime.
There are heaps of Great deals which vendors can run-
Also, it depends on the admin and vendor at what time they want to run the offer and what kind of offer they would like to run. There are lots of features like
Check out the Vendor Deal Addon to know more.
Cedcommerce multi-vendor marketplace package vendor badge add-on is a strong checking and regulation tool that authorize the administrator to award badges to the vendor based on sales and rating they get from the client.
Check out the Vendor Badge Addon here.
The review and rating option is indirectly a promotion technique through which you can show evident proof of the popularity of your product.
Learn more about the Vendor Review and Rating here.
The Refer A Friend extension provides an exciting way to attract new customers to your Magento 2 website through an incentive-based referral system. On every new sign-up through the referral, both the referrer and the newly registered customer receive a bonus. This extension motivates existing customers so that they invite more customers to your Magento 2 website.
Key features of Refer a friend:
Also read: How Cedcommerce Multi-Vendor Marketplace solves Sales Related Problems?
It facilitates the logged-in user to receive points after order completion so that it can be used as a discount.
Key Features of Customer Reward Management:
Also Read: How Cedcommerce Multi-Vendor Marketplace solves Shipping Related Problems?
CedCommerce offers the required technical solutions, which are tailor-made for building a platform, as discussed above. CedCommerce’s Multi-vendor Marketplace Platinum Package and addons are readymade affordable solutions for developing an e-commerce website. These extensions come with many features to aid the development of a rich multi-vendor marketplace with the best functionality.
So, it’s time for you to make the best of your online multi-vendor marketplace. To make this journey smooth, Cedcommerce can be your back support. Our multi-vendor marketplace solutions have been helping businesses to stand out in the tough competition. Get in touch with us today to know more!
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