WordPress has made it comparatively easier for people to set up their own online stores. However, running an online store without a big team is not easy at all. This is because you need new products and marketing after setting up the website. Hence, low scale online stores are generally not profitable. This is where WordPress solutions marketplace come in.
Multivendor marketplaces allow you to sell goods without setting up a personal online store. It can be thought of as a shopping complex where there are individual outlets for different brands. This allows these brands to sell their products and services in the same complex by just paying a small rent or commission. This way, every brand generates more audience than expected. It also reduces the input cost considerably as the cost of selling through a private shop is definitely higher than a shopping mall.
Marketplaces have several advantages for small business owners looking to sell their products and services online. Some of these are increased brand awareness, credibility, brand recognition, new opportunities, greater transparency, increased market time and reduced marketing costs and paperwork.
You can even set up your own marketplace and involve other businesses to generate greater profits than your current income. Some of the popular online marketplaces are Amazon, eBay, Etsy, and Alibaba. All these marketplaces generate huge profits every year without even selling their own products. Amazon being the biggest of them sells its own products too.
After seeing these names, you must be thinking that it is difficult to start an online marketplace. Well, believe us, it is not. WordPress enables you to set up an online marketplace with a simple plugin. The five powerful plugins that we will discuss below are the best tools for creating to create the best Woocommerce based multi-vendor marketplace on WordPress. Take a look.
Powered by WooCommerce, Dokan is indeed the most incredible marketplace plugins on WordPress. It is equipped with user-friendly frontend vendor dashboard and powerful admin features. Easy to customize and manage, it is definitely one of the most reliable and scalable multivendor marketplaces plugins on WordPress.
WC Vendors Pro is another powerful marketplace plugin that allows you to create the best marketplace. Sellers can sell and manage physical as well as virtual products on your website easily. As an admin, you can set different commission rates for different vendors depending on the situation. The best thing about this plugin is the excellent support offered.
One of the latest and most efficient marketplace plugins on WordPress, WC Marketplace is considered to be the best plugins for marketplace needs. This is due to the amazing features it offers to the admin as well as the user. Create different stores and manage everything from store inventory to shipping from your existing WooCommerce platform or from a new site within a few minutes. The best thing about WC Marketplace is that it comes with free core functionalities and you need to purchase extensions only if you need frontend functionalities too.
Developed to transform your existing WooCommerce site into a marketplace, YITH WooCommerce Multi-Vendor enables you to attract more visitors to your website by getting the best position in search engines. It works best for downloadable products. However, it lags behind most other marketplace plugins as it does not allow to add or update products from a frontend dashboard.
WooCommerce Product Vendors allows you to transform your Woocommerce platform into an influential marketplace with different vendors, products, payout, and shipping settings. A product by WooCommerce, it works exactly like Woocommerce at the backend. The only drawback of this plugin is that only admins can update or create products.
Most core features of these plugins are the same as they all converge towards a similar technology (marketplace). Providing product updates and support for a year, each of these plugins has some similar features like refund generation, frontend dashboard for vendors, withdraw system for vendors, individual vendor stores, seller management UI, coupon creation, social profiles, earning report, product images, admin reports and a few more.
However, there are more different features than the similar ones. This actually makes it extremely difficult to estimate which plugin is better than the others. Hence, to establish a more profound understanding, we have compiled a list of some of the most important features for the two most trusted plugins, WC Vendors and WC Marketplace. Dokan Multivendor Marketplace is the most robust plugin of all these and contains most of the features mentioned below. Let us now compare the two plugins which will help you choose the plugin that is best suited for your WordPress site.
|Features||WC Vendors||WC Marketplace|
|Multiple Commision Types for Vendors||Yes||Yes|
|Back ordering system||No||Yes|
|Frontend order tracking module||Yes||No|
|Frontend order tracking module||Yes||No|
|Store specific contact form||No||Yes|
|General shipping options||Yes||Yes|
Moreover, if you want to create an online marketplace to sell products and services at low start-up costs, we would say WordPress plugins are the way to go. Get a flexible marketplace today and be with greats like Amazon and eBay in a few months without even setting up your own online store.
You can tell us about any new WordPress marketplace solution in the comments below and we will add them to our comparison list.