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Features of the Magento marketplace multi vendor module for Magento – an detailed rev

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Magento, an e-commerce platform, has built its reputation as a robust and cost-effective digital commerce solution for mid-range businesses.
When it comes to implementing the e-commerce marketplace business model on this platform, there are some Magento plug-ins and extensions tailor-made to support some of the must-have features for a marketplace webstore.
For Medfirst India webstore, India’s first online marketplace for hospital equipment, clinical and patient care equipment our Magento developers deployed one of the best marketplace extensions: the Magebay magento marketplace.
A multivendor marketplace module, the magebay extension ensured that Magento marketplace implementation for Medfirst India stayed within the client’s budget while still facilitating sale through multiple vendors.
But multivendor marketplace extensions are dime a dozen, so what makes Magebay better than the rest?

[Image: 5wOOUjNpF8RLlN2OVXGcL9dIEq3VbYspR5Sl3Xlk...=w506-h281]
The Magebay Marketplace Magento Extension Advantage
“It’s a reliable and easy-to-use extension with Magento-standard coding,” says Vivekanandan S., a Magento Ecommerce Consultant at Embitel Technologies.
Considering this module has been developed by Magento-certified developers, that’s only expected.
But Magebay offers a host of features that make store management easier for the administrator and shopping more convenient for the buyer. Some of these features are:
  • Bulk import and export of products by vendors

  • Vendors can enable and disable products

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

  • Reviews from customers, which aids automatics creation of ratings for the vendor

  • Real-time SKU check while creating or editing products

  • Suitable both BKP ( ) & PDC ( )

  • Generation of vendor account statements
The need for more
But Vivekanandan and the Medfirst team wanted more than what the Magebay Marketplace extension offered, and Embitel’s Magento team innovated to develop the desired conveniences.
The marketplace model encourages true competition and offers solid benefits to buyers by letting various players influence the market. “The Magebay app allows for many products, and many vendors. But it doesn’t the make the same product available from multiple vendors,” shares Vivekanandan. “So we customized the extension to enable that.
“To facilitate vendor management, we changed the UI port and have allowed the creation of a separate admin page for each vendor, which allows the administrator to allow selected privileges for each vendor.”
The operational success of a marketplace webstore depends as much on ease of shopping for the customer as on effective backend management. So the Embitel digital commerce team has made order management easier for both parties. “When a customer purchases items from multiple sellers at a time, he receives an acknowledgement for one consolidated order. But for logistical purposes, this order for items from 3 different sellers gets logged as 3 separate orders in the backend,” says Vivekanandan.
One of Magebay advantages is that it allows the marketplace administrator to set commission rates for each seller. But this has been customized further on the Medfirst India implementation to allow different commissions as per various product levels.
“This is one of the biggest advantages of Magebay Magento Marketplace module: it’s a great basic marketplace extension, but it also is easy to customize,” affirms Vivekanandan. “Each extension, no matter what its purpose, has its pros and cons, but Magebay is easily one of the best in its category.”
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