Product Vendors for WooCommerce
Make it possible for a number of different merchants to sell their wares via your website, and in exchange, require that they pay you a commission on any purchases they make through your platform. This will allow you to concentrate your efforts on growing your community.
Why use Product Vendors?
- Make a public marketplace where anybody may buy and sell goods. From tangible, hand-crafted items to digital downloads like as pictures, themes, fonts, music or video, and even time-based bookings thanks to our connection with WooCommerce Bookings, you can sell just about anything on WooCommerce.
- Keep selling the items you made yourself. Put up for sale alongside your own items any products that are being sold by other vendors.
- Establish commission rates that are unique to each seller. In order to entice new vendors to participate in your marketplace or to reward long-standing or high-earning merchants, you may set vendor-specific commission rates while still maintaining a separate basic commission rate for your whole marketplace.
- Cut back on your overhead. Give the sellers control over how their products are managed.
- Commissions should not be paid out on orders that are not ultimately fulfilled. Make it such that sellers only receive their commissions when the order is finished being fulfilled.
- Using sales data might help you maintain a dominant position in your market. Gain a comprehensive understanding of the monthly sales, commissions, and revenues for each individual vendor.
- In order to account for returns, commission payments should be delayed. Make use of PayPal Payouts to put off commission payments in the event that customers return physically delivered goods.
Features
Vendors can:
- Manage their image in the public eye
- Handle their own items and alter the shipping criteria applicable to each product individually.
- You can attach confidential notes to orders or write comments to customers (e.g. tracking numbers)
- Examine their orders as well as data on the performance of their sales.
- You may offer physical things, digital products, or both, in addition to time-based reservations.
- Get commission payments
Marketplace owners can:
- Accept and approve applications sent forth by prospective merchants
- Put up one or more vendor admins to handle vendor’s information
- Commission and payout schedules for each individual vendor should be established.
- It is possible for sellers to sell time-based bookings if they connect with WooCommerce Bookings.
- Show a vendor rating that is a composite of the ratings of all the items they offer.
- Configure each vendor’s items such that they require permission before being added to the store’s inventory.
- Allow commissions on sales to be established as either a fixed sum or a percentage, and let each seller, product, or shop determine their own commission structure.
- Instantaneous, manual, weekly, biweekly, or monthly payments can be made to the various merchants.
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