If you are interested in expanding your target audience, increasing your revenue and creating a long-term brand revenue – Store SEO might be your best friend. This module of MultiVendorX Pro helps vendors increase their product value by using SEO features to rank high during organic searches. Our plugin also have support for these two SEO Plugins :
Yoast SEO integration - If you want to see high rankings for your website content in the search engine then always use Yoast SEO. Because It will allow you to add title, description and other SEO features according to the search engines requirements.
Rank Math SEO integration - The simple, but powerful user-interface highlights important information about your posts alongside the post itself. Using this information, you can improve your post's SEO instantaneously.
This module grants vendors six reports that they can use for their advantage. These reports include sales reports, product reports, category-wise reports, tax reports, stock reports, and transaction reports.
Sales Overview - A detailed report notifying sellers of sales made by their store in a given period of time.
Sales by Product - This lets sellers view the income earned from the sale of each product sold by their store. Along with this it also helps seller estimate the most popular product.
Sales by Category - With the help of this report sellers can estimate the income generated of each product category .
Stock - Helps sellers keep track of their product inventory.
Transactions - This feature gives a detailed report of each transaction made through the sellers store account.
Tax -Displays to sellers the tax amount collected from the sale of each product.
Customer Downloads - With this feature sellers can keep track of permission period of each downloadable product.
Vendors can make your products stand out in the search results using power of SEO. Take advantage of SEO’s best-of-breed structured data to get rich product results.
The function of MultiVendorX’s Marketplace Analytics is no different from what you expect from any other analytical data. The only difference being it provides you with data regarding the performance of your marketplace. From the Analytics submenu in Admin dashboard ,the admin can track the performance of his marketplace through the below tabs.
Overview - The overview tab gives the admin a report of how their marketplace is functioning.
Vendor - This tab records each element of the vendor’s performance to give the admin an overview of how the vendors are doing.
Product - Shows how a product is performing in your marketplace
Transaction History - It is like a ledger book that keeps notes of the finances.
The payment gateway charge feature insures that the payment gateway cost goes to the vendor apart from the commission value which is set by the rules. There are three options available. One is 'admin bear the gateway charge', here the site admin is responsible for the fees, which are taken from the administrator’s revenues or commissions. Another option is 'vendor bears the gateway charge', if this option is selected the fee is taken from the vendor’s commission. Lastly, 'Admin and Vendor bear gateway charges separately', in this final alternative, if both the vendor and the admin agree to bear the gateway fees separately, the fees for utilizing the gateway are taken from both of them.
There are five different levels of commission available to make it more convenient.
Product wise, here the admin can charge a commission fee from the vendor for the sale of each product.
The second level is category wise commission, here the admin can charge a commission on the sale of each category of product.
Third category is vendor wise commission, here the admin can charge different commissions from different vendors.
Membership based commission which can be enabled with the use of marketplace membership module.
Lastly there is global commission, here the commission amount set by the admin would be applicable in case the commission amount for the other layers of commission is not set. In other words, the global commission is the commission that would be uniform and applicable to all.
There are seven types of commission options available, like :
'fixed amount' where admin can charge the vendor a fixed amount per transaction
'percentage' that could be charged on the total transaction or sale value
'%age + fixed(per amount transaction)' here commissions is calculated, on the basis of the percentage of the total transaction or sale value with the addition of a fixed amount for every transaction
%age + fixed (per unit)' here commissions is calculated, on the basis of the percentage of the total transaction or sale value plus a fixed amount per unit or per product
'Commission by product Price' here admin can configure different commission rules for different ranges of product prices
'Commission by Purchase Quantity' here admin can set different commission rules for different ranges of product purchase count
'%age + fixed (per vendor)' here a percent amount is taken by admin plus a fixed amount based on vendor.
The 'Can be Cancelled' option can be enabled by the vendor which will give the user the ability to cancel their appointment. After selecting the option, there are two fields that allow to choose how many Minutes/Hours/Days/Months before the start date the customers are allowed to cancel their appointment.
Let the vendors set the duration of the booking. This determines how long an appointment lasts. The actual duration units can be Months, Days, Hours or Minutes. The vendor can delegate exactly what time the appointments can start inside Availability product options.
Vendors can set the billing dates according to their calendar cycle for the customers to pay for the subscription products on a weekly, monthly or annual basis.
This feature allows to add location of rental product drop and pick-up. Vendors need to fill in the details in the Pickup Location tab. They need to give a title, description, set a pickup cost and need to provide the latitude and longitude of the pickup location.
This feature allows the customers to quote a price within which they want to rent the rental product. This customers friendly feature helps to attract more customers as their preference is also given importance.
Rental inventory is used to set the specific details about the product like vendors can give a unique number to identify that product, number of products they want to allow for rent, product price and price type and product availability.
The vendor need to set the auction date and time from the auction calendar. They need to set the starting and the ending date of the auction, this will show a countdown timer on the single product page, reminding customers of the time left to enter in the bids.
Proxy Bidding is a method through which a customer can choose to enter a maximum amount he or she feels comfortable paying. Once they’ve set the maximum, the system will keep an eye on the auction on it’s behalf, and if he or she gets outbid the system will automatically bid again on their behalf, up to the maximum limit.
In reverse auction the bidder is the seller. Like, the sellers compete to obtain business from the buyer and the prices will typically decrease as the sellers underbid each other.
This allows vendors to set the minimum price of the product and publish product. Then while bidding, the customer who have the highest bid gets the product.
This feature allows vendors to create exciting deals by offering customers, multiple products bundled together at a discounted price. This let vendors create various combinations that can be sold at a set price. Thus attracting more customers.
Managing the availability tab of the product data meta box will help the vendor display to customers the availability of their service or product. Vendors can set the maximum booking per block, maximum or minimum blocks available, buffer period required between bookings and can also set dates and other rules.
Enabling the 'can be cancelled ' option enables the customers to cancel their bookings. Once enabled the vendor can decide on the date till which cancellation can be allowed.
This feature allows the vendor to let the customers have a free trial of the subscription product and after the free trial period is over, the customers have to pay the fee.
Based on the time set for the booking (minutes/hours/days), a period that is not available for others, can be specified. For example, if the vendor wishes to sell appointments in 2-hour blocks and wants to have an hour break in between, they can specify a buffer period of their choice. With adjacent buffering option they can add a buffer period both before and after the appointments.
This feature allows to control the availability of slots via the Availability Tab. If the vendor choose to check availability per starting slot only, they can set any date/time rules they want and their customer will be shown available slots no matter which slot they schedule, as long as starting date/time is available at the time of booking. Otherwise, availability is checked against all slots in booked range.
This feature allows vendors to group together certain products and sell as a combo pack. Like if the vendor sell shampoo, conditioner and hair serum separately as simple products, they can group them and name them as hair care products and sell these three items all together as a combo pack. These feature makes it easy for the customers to get a full set of products all at ones.
This feature allows vendors to sell other sellers' products in their shop. That is external products are products that are not owned by them. Vendors earn a commission for the sale of these products by advertising them in their stores. For this they need to add the product url while filling the details of the external product in the add product section.
This feature allows vendors to sell a product with multiple variations in size, color, price, etc. The vendors need to add attributes from the attribute tab, then they can add variations to them from the variation tab. Thus, can offer more option to the customers to choose to from. Like they can be used for a product like a shirt, where they can offer a large, medium and small and in different colors.
Simple products covers the vast majority of any product item with single SKU. These can be tangible products like books that can be shipped or can be intangible products which can be downloaded like any software application and it can also be virtual product like subscriptions.
When deciding membership plans and packages, it is imperative to have a billing cycle that will let vendors renew or upgrade to better plans automatically.
Initial payment lets admin charge a fixed amount to the vendor. However recurring amount will ensure that admin will earn an exact amount per each week / month etc.
Set which type of product, categories vendor are allowed per each plan. Vendor can sell under that plan i.e. simple/variable etc. By restricting categories the admin can set which category is allowed under each plan. The admin can also set whether vendor can publish their product, edit their product etc.
Admin can set different commission amount per each plan. This basically help vendors to select plan as per their need. Admin can also set whether vendor can withdraw their commission and what will be the withdrawal limit.
Create membership packages that enables vendors to become part of the store. You can earn one time payment or recurring payment from the vendor. The most interesting part is to allow specific features for each plan.
When a user is buying from multiple vendors at the same time, in the cart page, we group the products by vendor and show the respective details in the cart, checkout page per each vendor order:
The “Tracking Number” option asks you to provide the shipment tracking details – Shipment Tracking URL and Tracking ID. The URL and ID entered here are mailed to the customer so that they can track their order.
The admin can set conditions for refund. They can enable the status of the product for which customers can apply for refund (pending, on hold, processing, completed). They can set the refund claim period like 5 days or something. They can provide some reasons for refund which the customer can select as their reason for refund or can provide other reason in the space provide.
This feature allows customers to ask for refund in case they don't want the product. Refunds are a good way to win customer confidence. The existence of Refunds and Refund Policies lets the customer know there exists an alternative to buying a product. This will give customers the confidence to buy a product as well as create a favourable opinion. Customers can request refunds easily from the order page itself.
A packaging slip is a document that includes the complete list of items included in the package. With the help of MultiVendorX, admin can let vendors download a packaging skip for their products.
To let vendors download the Packaging slip, simply enable the Enable Packing Slip option.
Give vendors the option to edit the invoice slip as per their convinience. Vendors can download individual as well as bulk invoices using the bulk action. Vendors also have the option to download the packing slip using the bulk action.
Invoice slips that are handed out to customers have a few additional settings that are different from an admin’s. Thus, the vendors have the authority to customize the invoice as they want the customer to receive.
An invoice is a document given to the customer on the sale of goods or services. This document keeps a record of the transaction that takes place between the vendor and the customers, as evidence of the transaction. The MultiVendorX invoice module sends an automated invoice to both vendors and customers. Vendors and customers both have the option to browse or download the invoice.
The Order Log is used to keep a record of the orders placed by customers. It records the list of orders placed under a vendor and their specific details.
When disbursement schedule is specified, sellers will receive their portion of the commission automatically in accordance with the disbursement schedule created by the administrator. Otherwise, the admin may have to manually pay the commission.
If this feature is enabled then the shipping cost received would pass onto the vendor. In case it is not enabled the shipping cost received would remain with the admin.
The admin of the marketplace gets the option to divide the coupon cost with the vendor. There are basically two options, first is 'who will bear the coupon cost', enabling this option would allow the discount charges to be deducted from the vendor’s commission. Second is 'exclude admin created coupon', this option is only applicable if the first option is enabled. This mostly means that if any coupon is created by the admin while the first option is applicable, then the discount amount would be deducted from the commission.
MVX also supports payment through razorpay. Razorpay is an Indian payment system that makes it easy to accept, process, and distribute payments to the sellers as soon as a transaction is completed.
Mangopay makes payments easy for users by allowing them to pay in multiple currencies and with various payment methods. Using it can easily set up recurring payments and even set up global payment platforms. It provides customizable payment flow along with real time monitoring and of course strong security.
Stripe marketplace allows vendors to receive real time payments and also allows customers to pay using both credit and debit cards. This feature also provides three types of stripe connect account type - 'Standard', with Standard accounts vendors would have to connect their accounts with admin in order to receive payments. Then, 'Express', here the the Admin can connect with multiple vendor accounts and transfer the vendor’s payment immediately. Lastly, 'Custom', here from the creation of the vendor stripe account to payment processing, is done by the Admin. It also supports stripe charges. Depending on the charge type selected by the admin the funds are split between admin and the vendor. The charge type support Marketplace Stripe provides are 'direct', 'destination' and 'separate charges and transfer'.
This feature is introduced to make payment more convenient. With this feature now admin can accept payments from any mode, many vendors, and operate on a real-time basis. It's real time split payment feature allows the vendors to receive the payment as soon as the customer pays. Moreover, it accepts payment from any currencies and any account type be it credit or debit. Admins can even set dates of payment for vendors. Moreover, PayPal’s in-built plus strong antifraud and money laundering tool helps make payment secure.
PayPal Masspay is a payment method that allows to make multiple payments to multiple vendors at the same time. This is a great way to make sure that all the payments are made on time, and it can also help to avoid any late fees that might be associated with making multiple payments separately. PayPal is also similar like PayPal Masspay, also it sends payments automatically to multiple vendor as per scheduled.
This feature give vendors the option to view the list of the products along with the customers that have subscribed to the out of stock products. So that they can keep a record and avail the products as soon as possible.
This feature allows the customers to subscribe to the out of stock products. When customers subscribe for products that have run out of stock, vendors would be able to keep a note of those products. So, once the product is back in stock, customers will receive a mail alerting them of the availability of the product.
By enabling the low stock alert option, all vendors in the marketplace would receive a stock alert warning in the form of an email. This will help them to arrange products before the products get out of stock.
Once the import/export module is enabled by the admin, vendors can export products from their dashboard. They need to select the All Product option available under Product Manager. As vendors get directed to the All Products page, they would notice the Export button present beside the Add Product option. To import Product Data the vendor can need to go to the Vendor Dashboard and Navigate to the Product Manager menu option. From the list of product manager menu, they can select the All Product sub-menu option, then on the All Product Page, select the import button present at the top of the page.
SPMV have option to display other vendors selling the same product to the customers. Once the customers select the "more vendors" option they can compare the product with other vendors selling the same item.This way they will have more options, which in turn would create a positive impression about the marketplace.
Allows vendors to search for products sold by other vendors, that they want to sell in their own store. By using the SPMV feature they can copy the product and then edit it before selling.
This feature allows vendor to make a copy of the existing SKU. This way with just a click on the duplicate button the vendors can make a duplicate copy of the product and can just change the title and image. This feature saves a lot of time for the vendors.
There are times when the admin may want to make some site changes, or in the case of backlog clearance, wants to temporarily suspend all the vendors from adding new products to the site. In special cases like these, they can temporarily take away the vendor’s capability to add new products and instead assign products to them.
The vendor badge would appear only on the vendor who has been approved by the admin. Hence by viewing the vendor badge the customer can be assured of a safe and secure shopping experience.
After the vendor submit all the information along with attached proofs, It's admin's job to verify them and after its done a verification badge is shown beside the vendor's name and their store. The verified badge is given to the vendor who has passed the verification process. Admin can upload any image they wish to use as a badge.
This feature allows the admin to verify the social platforms used by the vendors. To enable the social verification feature need to add API keys of various social media platforms.
Trust is a relative term but what runs a successful business is assurance. And now with Seller ID Verification, the admins can give their customers the assurance of a safe and secure multi-vendor site along with corrupt-free vendors. The admin just have to enable the seller identity verification module and then enable the address and identity verification. Then the vendors from their dashboard have to submit respective proofs for the admin to approve.
Progress bar tracks the progress a vendor made while setting up the store. It shows a percentage bar which will help the vendor to know how much more steps are left to complete the setup.
Enabling this allows to showcase the product vendor's name alongside the product in the store, which will help customers to identity who is selling the product.
Want to let your customers search for a product they are looking for by location? With the Geolocation module enabled and using our shortcode Vendor List [wcmp_vendorslist] you can achieve that with ease. Vendor's list can be viewed based on :
location
alphabetical order
category wise.
With this module, admin can add the following searches :
Let Customers Search for a Product in a Specific Area (using MultiVendorX Pro and GEP my WP plugin)
The admin have the authorization to decide whether to approve or reject the vendor application and their store. They also have the power to suspend or reactivate the vendor's account.
Admin gets the option to admit vendors automatically or accept them manually after evaluating the registration form. In case it is set to automatic, the vendors do not need to wait for approval, its done as soon as they apply. But in case of manually the vendors need to wait for the admin's approval. Though the automatic method is easy and hassle-free, it is recommended to go for manual process of registration for the safety of the site.
Used to make customizable and personalized vendor registration forms to collect various personal details to check whether the vendor and their products are a best fit for your site.
To use this feature need to have the plugin WooCommerce Table rate shipping. It helps to define shipping costs based on weight order or cart order. It allows admin to create shipping rules based on the total weight of the shipment and the destination country. And can add method title to display to customers.
