We will certainly talk about the Prestashop Hyperlocal Marketplace in this blog. However, let’s get started with a general overview of the term marketplace. Marketplaces are well-known online shopping platforms where various merchants register with the Marketplace. Further, to rundown and take into consideration the Marketplace’s larger audience. There are a few gigantic, prominent and popular marketplaces. For instance, Amazon, Etsy, and eBay.
Several plugins may turn your business into a Marketplace. However, the Prestashop Hyperlocal Marketplace will not just transform your online store into a fully functional marketplace like Amazon or Etsy. It will also connect clients with nearby dealers.
Prestashop e-store proprietors may convert their little shop into an online shopping marketplace. Furthermore, in the simplest way possible with the Prestashop Hyperlocal Marketplace plugin. Knowledge creates a marketplace like Etsy or eBay in three easy steps with no expert ability or code.
Vendors can use the Hyperlocal Marketplace module to show their shipping zone radius. Moreover, establish the shipping charge esteems for an area that is larger than the pre-defined radius. Customers may make orders from nearby merchants and have their items delivered in a limited amount of time. All this can be done using Knowband’s hyperlocal multi-vendor marketplace module.
So, finally, we are at that point where we’ll start talking about the Prestashop Hyperlocal Marketplace by Knowband. So, in this blog, we will convert the aspects that every beginner should about the Prestashop Hyperlocal Marketplace module by Knowband.
# 1. What is the Prestashop Hyperlocal Marketplace Addon?
The Prestashop Hyperlocal E-commerce Business module by Knowband is the easiest and shortest way to convert your store into a hyperlocal setup. Further, once you buy the module, install it in your eCommerce store, and configure it, you can start handling things. In fact, you can right away start accepting seller requests for joining and selling on your platform. Hence, you can simply complete the installation setup in three basic steps.
Purchase the Prestashop Hyperlocal Delivery Marketplace from Knowband.
Navigate to the Store Admin and select “Modules and Services.” Select “Upload a module.” Drag and drop the file, or just pick it from the system.
When the file has been entirely uploaded, a message stating “Module(s) installed successfully” will be shown. When the Prestashop Hyperlocal Delivery Business Models is properly installed, the Install button will be immediately changed to Configure. Thus, you are ready to configure the Prestashop Hyperlocal Service Marketplace now.
# 2. What are the key features of the Prestashop Hyperlocal Delivery Business Model?
There are numerous features of the Knowband marketplace. Further include:
Commissions for sellers
The admin of a Prestashop Hyperlocal Service Marketplace can choose whether the seller commission is a percentage or a fixed amount.
Settings for seller request approval/disapproval
The admin can also pre-set the settings when a seller can send an account approval request from the backend. As a result, he may quickly approve or reject requests by clicking a button on the Prestashop Hyperlocal Delivery Business Model.
Customers can also be vendors.
Store owners can enable the seller registration option for their consumers as well. Customers can also register as vendors using the Prestashop Hyperlocal Marketplace.
Administrator and seller panels are separate.
Sellers and store administrators each have their own panel to add or modify items on the Marketplace.
Order Status Updating Preferences
The owner of a Prestashop Hyperlocal business model can grant sellers access to manage and alter order status. They can also manage order shipment and produce order receipts, among other things.
Shipping zone configurations
The store administrator has the ability to add shipping locations for the advantage of merchants.
List of product approvals
Any enrolled merchant is free to sell whatever they choose. However, the admin must first approve the summary of items and categories. Stock management of delivery items becomes simple in a few clicks from the backend.
Request for payment
With the help of the Prestashop Hyperlocal Service Marketplace, merchants may seek payment for their earnings. With a single click, the shop administrator may accept or deny Payout requests. The sellers may show the total and explanation for the payout and choose any of the payment techniques selected. The administrator can also approve or change the payment requirements.
Notification Email Templates
The Prestashop Hyperlocal Marketplace provides several instant email styles for a variety of events, such as shipper registration, vendor account approval, product approval, research updates, payment request advice, and others.
Various payment and shipping methods are available.
The administrator has the ability to configure different delivery and payment methods. The dealers can showcase their shipping strategies, or the admin’s default shipping processes will be presented on the Ship tab of the vendor’s dashboard. The seller must include basic techniques to promote his unique delivery ways.
GDPR compatibility
GDPR compliance is ensured via the Hyperlocal PrestaShop Marketplace. It allows consumers to remove their names from the customer list. Customers can access the vendor details if the admin allows it. Similarly, merchants can close their stores whenever they choose.
# 3. What are the benefits of the Hyperlocal multi-vendor marketplace?
Commissions are simple:
The marketplace is a source of automated money, and supporting nearby businesses may be beneficial. The admin of the Prestashop Hyperlocal E-commerce Business by Knowband may determine the commission for each vendor. Depending on the admin’s preference, the commission can be one-of-a-kind or equivalent.
There are no prerequisites for stockpiling:
The Prestashop Hyperlocal Delivery Marketplace is beneficial for inventory management since it allows numerous vendors to sell on one platform. Both the administrator and the seller have the ability to add and remove items and courses.
A profitable company model:
It is a versatile company strategy that benefits from the advantages of eCommerce marketplaces. Perhaps a stand-alone eCommerce store has fewer financial risks. A rising consumer check works hand in hand with creating suppliers, eventually resulting in a clearly growing firm.
Aids in revenue growth:
Sellers flock to hyperlocal marketplaces to sell because they have access to a massive client base. When browsing through items on marketplaces, the chance of customers being dissatisfied with products they initially did not wish to purchase is increased.
As a result, the Prestashop Hyperlocal Marketplace has a greater probability of making a sale since they are familiar with a large range of products from numerous suppliers.
# 3. How does a hyperlocal marketplace function?
Users can place orders using multiple methods such as a website, mobile app, or phone call. The omnichannel strategy is used by the hyperlocal marketplace to provide a consistent experience across many media.
The backend of the hyperlocal marketplace is strong and stable. Sellers receive orders from clients and ensure that purchases are completed under stringent time constraints.
# 4. What is the basic distinction between a traditional marketplace and a hyperlocal marketplace setup?
Hyperlocal firms are basically those that are dispersed over your geographical region. For example, neighbouring service providers, grocery stores, restaurants, and so forth. In fact, they are available to you through applications or standard platforms, from which you may immediately profit. Prestashop Hyperlocal Delivery Business Model addresses every customer need. In reality, they attend to them in the most efficient manner possible.
eCommerce, on the other hand, eats away at a public or global scale. Furthermore, features a massive procedure on a much larger scale. Furthermore, striving to meet criteria that aren’t too stringent. An online marketplace’s success is measured by its ability to provide customers with more affordable alternatives. Furthermore, who approves of sitting tight for a short period of time or longer.
# 5. What are the reasons to go with Knowband’s Prestashop Hyperlocal Delivery Business Model?
Knowband’s Prestashop Hyperlocal Delivery Marketplace has capabilities that will benefit your eCommerce business. Knowband offers the best customer service for three months after the purchase. The support team assists you with any question, issue, or problem you may have with the module. In fact, you may pay a premium for additional customer service.
In the End
So, that’s about the Prestashop Hyperlocal Marketplace by Knowband. Do you think any other question should have been up there? Do let us know at support@knowband.com and we’ll gladly help you.