How to Build Marketplace Website like Amazon, Ebay with Magento 2Introduction to Marketplace Websites

Marketplace websites are basically an ecommerce website where we got knowledge about different brand product and inventory which is offered by a number of parties known as third parties. All transaction are operated by the marketplace website dealer and then delivered by the wholesalers and retailers.

Marketplace websites collect products from a number of manufacturer and suppliers, which have a wide range of products with an affordable price and shipment across major cities. There are two types of marketplace website. One that sells single product specifically while on another hand the websites that offer almost everything that a customer need like Amazon, eBay and Esty.

Marketplace websites provide a cost-effective solution that helps to construct an online presence and includes a wide range of products with different discounts to enhance the sale volume.

Benefits of marketplace websites include enormous selling opportunities to merchants. This platform is reliable and is designed to avoid frauds and cheats, they ensure safety for the seller. Pricing is quite low as compared to other online stores due to the low number of brokers and marketing agents. In fact, selling products on the own online store will cost higher and revenue will below and these marketplace websites provide opportunities to the seller to generate high profit.

Introduction to Magento

It is an open source e-commerce platform which is written in PHP. This software was developed in the US. Different versions are introduced by the developer. It provides new paths to increase user engagement, clear navigation, rates of conversion and generation of profit. It offers best tools for business user help to develop a business website fast and increase productivity.

Features of Magento

It include the support of web template system that increases different similar-looking web pages and it customizes the theme. It offers basic theme which setup an e-commerce website. The theme is designed for pages to customize them by editing or adding the PHP,

HTML, and CSS. MAGENTO developers created different Magento plugins that exaggerate its functions.

There are a number of Modules that can be installed by downloading and uploading them to servers. It allows users to combine few domain names into one control panel to manage them from a single panel. Issues of table locking reduced, improved page caching and it permits in guest checkout method for users to improve performance.

Our Product

Magebay Multi vendor Marketplace extension will transform your Magento website into Marketplace website with specific seller/ vendor product store and seller with view support and rating. It supports several add-ons which help you to create a seller dashboard, manage order and generate the overall sale volume in charts and graphs. It modules work super in the community and with a support of all languages and design. In this way, you can easily manage products, withdrawal & claim request.

Major Features Include:

• Overview to get all reports and sales for vendor

• Show total sales on chart with exact dates, month or year

• Seller can manage orders by status, tracking info updated and can send invoice to their customers

• Vendor can change product into new product easily

• Request of withdrawals from seller can be managed in withdrawal page

• Vendor can export or check the withdrawal history

• Messaging system is easy for vendors and customers to inquire about products and services

• Vendor can receive email notifications for comments and reviews last but not least each seller has their public profile page with the collection of products, logo, product descriptions etc.

Cost To Create Marketplace Website

The cost of build an online marketplace depends on that how much you budget you are going to spent. You can buy a domain that will mostly available in $12 if you can buy at Site Ground. With a Hosting package up to $7.95/month.

You can download Magento Software easily through the internet. Magebay marketplace website extension rates will cost you around $299->$999. Standard, professional, and enterprise editions are available. Services include Magento provide free installation service and you get an attractive marketplace after setup Magento 2 as well as Marketplace website Extension.