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Features primary of the Magebay Market Module for Magento
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Magento, an ecommerce platform, has built its repute as a sturdy and cost-efficient digital commerce resolution for mid-range businesses.
In the case of implementing the ecommerce marketplace enterprise model on this platform, there are some Magento plug-ins and extensions tailor made to support among the must-have options for a market webstore.


[img=1061x815]http://www.pushon.co.uk/wp-content/uploads/2016/04/magento-extensions.png[/img]
For Medfirst India webstore, India’s first online marketplace for hospital equipment, medical and affected person care equipment our Magento builders deployed one of the best marketplace extensions: the magento marketplace.
A multivendor market module, the Magebay extension ensured that Magento marketplace implementation for Medfirst India stayed within the consumer’s funds whereas nonetheless facilitating sale through multiple vendors.

But multivendor market extensions are dime a dozen, so what makes Magebay higher than the remaining?
The Magebay Market Magento Extension Advantage
“It’s a dependable and straightforward-to-use extension with Magento-normal coding,” says Vivekanandan S., a Magento Ecommerce Guide at Embitel Applied sciences.
Considering this module has been developed by Magento-certified builders, that’s solely expected.
However Magebay affords a bunch of features that make retailer management simpler for the administrator and shopping more convenient for the buyer. A few of these options are:
  • Bulk import and export of products by distributors

  • Vendors can allow and disable products

  • The admin can disable or delete products on the vendor page

  • Suitable with BKP and PDC ( View video HERE )

  • Reviews from clients, which aids automatics creation of rankings for the vendor

  • Actual-time SKU test while creating or enhancing products

  • Era of vendor account statements
The need for more
However Vivekanandan and the Medfirst staff needed more than what the Magebay Marketplace extension supplied, and Embitel’s Magento crew innovated to develop the desired conveniences.
The marketplace mannequin encourages true competition and provides solid advantages to buyers by letting various players affect the market. “The Magebay app allows for a lot of products, and many distributors. But it surely doesn’t the make the identical product accessible from multiple distributors,” shares Vivekanandan. “So we customized the extension to enable that.
“To facilitate vendor management, we modified the UI port and have allowed the creation of a separate admin web page for every vendor, which permits the administrator to allow selected privileges for every vendor.”
The operational success of a market webstore relies upon as much on ease of buying the shopper as on efficient backend management. So the Embitel digital commerce staff has made order administration easier for each parties. “When a buyer purchases items from multiple sellers at a time, he receives an acknowledgement for one consolidated order. But for logistical functions, this order for objects from 3 completely different sellers will get logged as 3 separate orders in the backend,” says Vivekanandan.
One in all Magebay benefits is that it allows the marketplace administrator to set fee rates for every seller. But this has been custom-made additional on the Medfirst India implementation to allow different commissions as per numerous product levels.
“This is one of the biggest benefits of Magebay Magento Market module: it’s a terrific primary market extension, however it also is simple to customise,” affirms Vivekanandan. “Every extension, it doesn't matter what its function, has its execs and cons, but Magebay is easily the most effective in its class.”
What is the marketplace business mannequin?
An online marketplace (or on-line e-commerce marketplace) is a kind of e-commerce site where services or products info is provided by a number of third parties, whereas transactions are processed by the market operator
Source: Wikipedia.com
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