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6-Topmost WooCommerce Multivendor Plugins For Building The Online Marketplace

6-Topmost WooCommerce Multivendor Plugins For Building The Online Marketplace

 

WooCommerce Multivendor plugins

 

eCommerce sites like Amazon, Alibaba, and eBay have revolutionized the means of online trading. The purpose of creating a multivendor market is to get more sellers to a single platform. It helps customers to choose the best from various offerings. Instead of spending hours coding, rely on WordPress. Build your eCommerce site using WooCommerce multivendor plugins.

 

Here, in this article, we dive deep into the most proficient & reliable 6-best WooCommerce multivendor plugins with their key differences.

 

List Of Multivendor Plugins For WooCommerce & Key Features

All of these plugins have distinct features and are notable in their functionality aspects. It is essential to consider salient features like a user-friendly front-end, flexible payment options, support, and other functionalities. Thus, we have categorized the leading WordPress multivendor plugins accordingly. It might help you build a full-fledged multivendor marketplace.

 

Dokan Multivendor Plugin

Dokan multivendor plugin

(Image screenshot- WeDevs- Dokan)

The Dokan is undoubtedly the best free plugin for creating a marketplace like popular eCommerce sites like Amazon and others. WeDevs- Dokan comes up with an extensive range of features and is easy to set up. It offers a distinctive front-end to the vendors for monitoring the operations. The plugin is also compatible with mobile devices. It helps both vendors & consumers in managing orders, product inventory, sales, discounts, and lots more.

 

Since you own a multivendor marketplace, it’s predictable to have a commission for the sales generated by a vendor. So, Dokan allows you to fix a commission for individual products on global vendors.

 

Dokan plugin

 

Additionally, you also get a Dokan Multivendor add-on with PeepSo membership. Integrating the PeepSo Dokan Multivendor add-on intensifies the functionalities. It helps you mark your favorite products in a separate list for better purchasing. This plugin works seamlessly with both Dokan Lite & Pro.

 

In terms of pricing, Dokan Multivendor has a free plan. It facilitates you to add unlimited vendors with other beneficial services. The starter plan costs you $119 per year & lifetime package will be $522. The package comes with vendor management, commission types, front-end products, social login, etc. The subsequent premium packages include more features for building an advanced multivendor marketplace inside WordPress.

 

Essential Features

 

  • The plugin offers a vendor-friendly front-end for managing products and auditing their sales from one place.
  • It allows you to add unlimited vendors with independent stores and customized storefronts for each vendor.
  • Dokan works with all WooCommerce compatible themes.
  • A global commission charge model and specific rates on products for every vendor help the admin to earn profit from sales.
  • Admin gets full authority over the individual transaction within the marketplace.
  • Vendors can maintain the store performance by scrutinizing the sales insights with reports & statements.
  • It offers an easy withdrawal system that helps you to set payment channels, minimum withdrawal limits, and more for vendors.
  • A vendor can handle the shipping management for each store.
  • A wide range of premium modules includes external payment gateway integrations, product add-ons, Ajax Live Search, color scheme customization, live chat, etc.

 

WCFM Marketplace

 

WCFM plugin

(Image screenshot- WCLovers- WCFM Marketplace)

The WCFM Marketplace claims to be a versatile multivendor plugin with multiple features. The plugin from WC Lovers has both free & paid versions that help you create a multivendor digital marketplace.

 

With the WCFM plugin, you can set the commission rates for vendors based on the percentage, purchase quantity, sales, etc. It provides several store management options that include store SEO for configuring the store ranking grounds. Vendors can feasibly customize or monitor the functionalities using the basic front-end without facing the complexities of the admin panel. Be it generating coupons, adding products, and tracking sales reports- you get a bird’s-eye view of the site from the front-end.

 

WCFM dashboard

 

WCMF plugin offers a vendor ledger that helps both vendor & admin to keep a record of every store transaction. You can check withdrawal, refund, commission, partial refund, and more from the front-end. The facility of adding 40+ integrations with major WooCommerce & WordPress plugins unlocks the trading possibilities of the marketplace.

 

The plugin comes with a free seller app. It gives the power to supervise their store and orders from any location. The shipping management system lets vendors add a tracking code to ensure trouble-free product delivery. WCFM Marketplace gives notifications to vendors & admin for sales, purchases, returns, and other activities.

 

WCFM is a pocket-friendly multivendor plugin. The premium extensions include different WooCommerce front-end manager categories. The cost of 2-sites for one year is $168 and unlimited sites for a lifetime fetch you $1044.

 

WCFM price

Essential Features

 

  • The plugin offers an impressive front-end manager with rich features for vendors and admin to customize the site.
  • It provides a flexible vendor commission system where the admin can pay the commission to vendors by-product sales, purchase quantity, percent plus fixed, etc.
  • You get several payment gateway options for hassle-free checkouts.
  • With this plugin, you can easily configure the shipping options following zones, country, and distance, all from the front-end.
  • Admin gets vendor registration options such as membership or simple registration.
  • A vendor can set the operational hours like opening and closing times or week-off days under store hours options.
  • Manage your delivery peripherals with ease. You get Live status for shipment and delivery.
  • Support ticketing system helps customers to post their queries.
  • Process store-wise invoices and labels to the customer as per the order.
  • Under the policy section, you can manage the purchase orders, returns, and cancellations policies.

 

WC Vendors

 

WC vendor

(Image screenshot- WC Vendors)

The next multivendor plugin in the list with over 10,000 active installations is the WC Vendors. In terms of usability, the plugin holds an authoritative position. It offers centralized administration over vendor storefronts and the entire marketplace. With the strategic marketing campaign, you can focus on sales growth and increase conversion rates of your online marketplace.

 

WC Vendors allows you to sell all sorts of products- tangible and digital, including bookings, subscriptions, and more. You can sell membership plans to vendors and set up parameters on the product selling categories. The free version of the plugin provides valuable services like inventory management, commission management (percentage), multiple payment gateways, etc. This plugin is compatible with these best free WordPress themes, such as BuddyX, OceanWP, GeneratePress, etc.

 

Stripe payment gateway

Some features are only available with the pro version, such as an integrated front-end dashboard, coupons, shipping management, product SEO, etc. You can also set different policies regarding the orders, refunds, and cancellations through the policy section. Additionally, you get real-time chat support to interact with the customers. Besides, the plugin doesn’t provide a back ordering system. It is also incapable of generating the vendor statement report.

 

WC Vendors Pro version costs you $199/ year with a 30-days moneyback guarantee. It includes unlimited vendors, flat rate & table rate shipping, order management, and other advanced features. WC Vendors Pro bundle comes for $397/ year with several add-ons like Stripe Connect, WooCommerce subscription & booking, including all WC Vendors pro features.

 

Essential Features

 

  • The plugin comes with an integrated vendor front-end that blends flawlessly with your theme.
  • Vendors can sell all types of products, whether physical or digital.
  • The plugin offers a lucrative commission distributive system like percentage, fee, & sales by product or vendor.
  • Vendors get their unique URL and independent storefront to sell their products.
  • It also facilitates an advanced discount management system to set the commission rates per vendor or product globally.
  • Vendors can also improve their online visibility & brand value through the vendor rating system.

 

YITH WooCommerce Multivendor

 

YITH plugin

(Image screenshot- YITH)

YITH is another considerable multivendor plugin that pops up for your WooCommerce marketplace. There’s a scope of passive income from the user’s sales for their products on your site. This plugin allows you to select multiple administrators, manage specific campaigns, create product catalogs, etc.

 

Additionally, you can build a multivendor store with global commission rates, generate sales & commission reports, and vendors’ product details. The super admin feature gives you options to control vendors’ accounts and sales. This robust extension lets you set up various advanced functionalities like pay bulk commissions, report management, shipping & order management, shortcodes, etc.

 

YITH Amazon S3

 

Though the free version available in the WordPress repository has limited features. To access advanced features, you need to go for the pro version. It costs $99/year for one site with support & updates. You can upgrade it to a 6-sites license for $199 & $299, respectively.

 

Essential Features

 

  • The plugin offers a comprehensive overview of the marketplace with a detailed sales & commission report.
  • The super admin option helps you centrally enable or disable each vendor’s sales.
  • The plugin offers you to set a limit on sales commission as per the sales ratio.
  • All vendors can manage their products and create coupons inside the marketplace.
  • It also provides abandoned cart recovery facilities to retrieve or complete the due orders.
  • The badge management feature helps highlight discounts, product USP, and promotions to grab more consumers.
  • Vendors can boost their conversions and sales by adding media files with their products from the media library.
  • The plugin allows vendors to create shipping zones, cost calculations, refunds, and lots more through an advanced shipping module.

 

WC Marketplace

 

WC marketplace Dashboard

(Image screenshot- WC Marketplace)

Another multivendor plugin that depends on WooCommerce is WC Marketplace. It is in demand for providing an effortless setup. Varieties of features are available with both free & paid versions. The plugin comes with a custom dashboard for vendors to manage orders and products.

 

The admin gets convenient authority over the marketplace, including sales, commission sections, sales reports, etc. The flexible commission plans you may choose as per your requirements. The plugin offers exclusive features like scheduling auto payments, coupon management, shipping, tax management, refunds, and lots more. One noteworthy service of this plugin is multiple payment processing options. It helps customers to pay however they want. The only issue you might face is a lack of trusted seller tags.

 

Most of the core features of the plugin come for free. If you need to upgrade, premium add-ons are available starting from $15-$250.

 

Essential Features

 

  • The plugin offers a user-friendly personalized dashboard to manage their marketplace.
  • Easy to customize the vendor page with additional information such as social networks, contact numbers, etc.
  • WC Marketplace allows Single Product Multiple Vendor functionality.
  • Multiple payment gateways like PayPal, Stripe, and Mangopay integrations are available for seamless real-time payment transactions.
  • The plugin also offers vendor stock alerts to control your low or out-of-stock limits.

 

Product Vendors

 

(Image screenshot- Product Vendors)

The plugin that falls under the enforcement of WooCommerce itself is Product Vendors. It is an intuitive extension of WooCommerce that helps you transform your site into a multivendor marketplace. The process is simple- you need to add vendors and earn a commission over each sale. It offers several functionalities to vendors, such as receiving a commission on payouts, maintaining public profiles, viewing orders & reports on sales performance.

 

Moreover, the plugin lets vendors manage orders, shipments, and tracking numbers. You can also set payout settings for vendors on a weekly, bi-weekly, and monthly basis. Compared to other multivendor plugins, Product Vendors offer limited features. The price of the plugin extension is $79 annually with product support and updates.

 

Essential Features

 

  • From hand-made and physical products to digital downloads, sell anything here, including a time-based booking facility with WooCommerce bookings.
  • Vendors can control their shipping and product sales management by themselves.
  • You can set specific commission plans for different vendors.
  • It offers vendor ratings based on the products they sell.
  • You can authorize a vendor as a manager or admin to help you oversee tax orders, sales, etc.

 

Final Thoughts

 

WooCommerce multivendor plugins are one of the best ways to enhance your online marketplace. Choosing the best plugin might be a tricky proposition. So, we have prepared the list of 6-multivendor plugins for WordPress by reviewing all features and functionalities to make your marketplace a fruitful one.

Multivendor plugins comparison table

Talking about free multivendor plugins, Dokan has secured the topmost position on the list for its vendor-friendly front-end & uncountable advanced features. Let’s wrap up by taking a final look at the comparison table highlighting all the essential elements based on your primary concerns. If you need to know more about WooCommerce multivendor plugins, drop your comments below or reach us here.

How To Integrate Suitable WooCommerce Payment Gateways For WordPress?

How To Integrate Suitable WooCommerce Payment Gateways For WordPress?

 

In the world of digitization, thousands of e-commerce business platforms are rapidly emerging. You might have negotiated with the inconsistent payment gateways on the e-commerce stores. Thus, payment integration is an integral part of online businesses. So, the WooCommerce payment gateway makes business transactions easier for both retailers and consumers.

 

WooCommerce is a powerful tool that allows you to use external API to store or process payment information. It offers secure payment integration, including order tracking and tax management. WooCommerce payment processor makes online selling through WordPress much easier.

 

Thus, selecting a suitable WooCommerce payment gateway helps you intensify your sales drive. It gives faster payment collection and gives you reliability. So, here’s why you should integrate more gateways and how to choose the acceptable ones.

Necessity Of Setting Up Different Payment Gateways For WooCommerce

The payment gateways offer payment collection services against your salable products online. You may need to select at least one method, even if it’s a manual gateway like Direct Bank Transfer. So, let’s scrutinize why various gateways are convenient for payment transactions.

 

 

  • Offering more than one payment gateway option amplifies the possibility of error-free checkout. It helps you to complete the transaction method successfully.

 

  • You can get the backup in case of any server issue or technical problem. In times of emergency, you can switch to an alternate one.

 

  • Many gateways offer standard card fields and also accept the use of “express” payment options. A few notable names are Google Pay, Apple Pay, and in-built WooCommerce payments.

 

Adding a different payment gateway might give a preferable solution to accept payments. Customers can pay as per their choices and preferences. Whereas selecting too many gateways might create your site complicated. Depending on the business needs and requirements, integrate the gateways.

How To Pick The Ideal WooCommerce Payment Gateway

Several third-party service providers run online payment gateways globally. It connects you to accept digital payments on your e-commerce site. Now, if you select an inappropriate gateway, you might lose potential consumers. It may even turn down your business growth curve. These are a few crucial aspects you might consider while setting up the gateways.

 

  • Transaction Charges

The transaction fees for ongoing and startup are different for every payment gateway. It may depend on the geographical location, customer card type, and the choice of your gateway. So, at the time of purchasing the gateway, you need to bear extra costs. It includes maintenance fees, monthly or yearly subscription fees, and bank withdrawal charges.

 

  • Availability In Your Location

Next, you need to check if the payment option is available in your target location and consumers’ area or not. For instance, if your customer base is from the UK, choose the widely accepted gateway. It makes the transaction process unchallenging.

 

 

  • Security

Security is a key to strengthening the relationship between a customer and an online seller. Now, there are two common ways of transactions that include- Redirect & Direct.

 

In the first one, the consumer needs to process payment at the gateway site. Then it redirects back to your page for completing the checkout. In the second case, a buyer can directly pay the amount. And it requires an SSL Certificate for PCI Compliance. 

 

As a responsible online merchant, it’s your responsibility to safeguard consumer information. From email id, billing details to the shipping address, and other transaction data, prioritize security. So, SSL encrypts the communication between the buyer and the online seller. It also includes the payment processor and your e-commerce site.

 

  • Recurring Payments

Many online business sites sell subscription-oriented products or membership plans. Select the gateway that supports automatic or manual recurring payments for subscription-based extensions.

 

Leading Payment Gateways Available In WooCommerce 

 

1. PayPal

PayPal is one of the pioneers in this online payment industry, with 200 million global users. It offers various services for your online business, personal, and e-commerce transactions.

WooCommerce has a built-in option that you can use as the default gateway on your e-commerce store. This international gateway gives your customer a preferable mode of the online transaction. So, you need to create a PayPal business account for accessing the standard PayPal. The on-site checkout facility is not available on the PayPal website.

 

PayPal charges the amount depending on the sales volume and the account type. You can accept both debit and credit cards, including transfers from other platforms. 

You can integrate other payment gateways with PayPal. It deducts 2.9% of the entire charge for each transaction. An extra charge of $0.30 is applicable for domestic purchases within the US.

2. Stripe

Stripe is a competent payment gateway for many heavy-hitters companies in the US. It also comes with built-in assistance to settle as a default payment gateway.

It accepts all the major debit and credit cards with a mobile payment facility. Specifically appropriate for the customer using Google Pay, Alipay, and Apple Pay. The base processing fee is 2.9% plus $0.30 per transaction. Stripe supports recurring billing, and there are no add-on charges involved in it.

 

Stripe has a consumer base in more than 40 plus countries and accepts 135+ currencies. It has made a remarkable position with PayPal for WooCommerce payment integration. 

Stripe may help in simple payment integration for online orders and donations. It is compatible with both desktop and mobile devices. So, go through the WP forms to enjoy the benefits of Stripe.

 

3. Authorize.Net

Authorize.Net is one of the enterprise-friendly and worldwide popular payment gateways. Specifically, it is the best-known gateway for merchants in the US, UK, Canada, and Australia.

It offers an uninterrupted checkout process to all credit cardholders. A consumer stays on the page till the payment is going in the background of the Authorize.Net site.

 

Authorize.Net charges $25 monthly besides the general base fee of 2.9% plus $0.30 for each transaction. It provides a recurring payment facility with an anti-fraud system. Thus, it makes the transaction process secure. It is the best convenient WooCommerce payment extension for minimalistic requirements.

 

4. Square

Square is an exceptional WooCommerce mobile payment extension. However, it offers a payment facility through your website. It is advantageous for stores with a physical location and delivery options.

 

The gateway is accessible in the US, Canada, Japan, the United Kingdom, and Australia. It has a fixed transaction rate of 2.9% plus $0.30 like other gateways. It also supports recurring payments with your WooCommerce subscription extension. All you need is a Square account to integrate the payment gateway to add more products. Then, you can start processing your sales and earn your revenue.

 

5. WooCommerce Payment

WooCommerce has its free payment gateway. With a standard 2.9% plus $0.30 charge per transaction for US customers. Secondly, it doesn’t need any monthly or setup fee. Only a 1% add-on charge is applicable for the cards not enlisted with the registered country list.

 

 

Endnotes

The purpose of setting several payment gateways is to provide effortless transactions. Payment gateways offer a better user experience to your customers in online purchases. People consider their preferred payment mode for doing online transactions. If you fail to provide suitable options, users might switch to other websites. 

 

Selecting the best payment gateway for your WooCommerce store is critical. Hence, Capsquery has highlighted the essential pointers to integrate the convenient payment gateways. It might enhance online business visibility and conversion rates. If you need to know more about the workarounds of online business, learn how to start an eCommerce store. For any technical assistance and expert advice, feel free to shoot a mail.

3-Steps for starting an eCommerce Store

3-steps: How to start an eCommerce Store

This document is to discuss in more detail how an e-commerce store works. If you’re planning to set up your eCommerce store and wondering how and where to start? You have landed on the right page.

Step 1: Create a feature list

When you go to a webshop to set up your e-commerce store, the first thing they will ask you is, is it a single vendor or multivendor. It is essential to understand who will be adding products to the eCommerce store. So it’s necessary to create the following things either yourself or with the help of a Business Analyst:

– Sitemap

– User journey

– High-end features – example: payment, booking, add to cart, multivendor, etc.

At the end of this phase, the business analyst will be able to tell you which platform will be most suitable for your business.

Step 2: Identifying the right eCommerce platform

There are three most popular eCommerce brands:

– Magento

– Shopify

– WooCommerce

WooCommerce

It is essential to know the primary difference between these three platforms:

Magento

Magento is an enterprise-focussed eCommerce platform with incredible functionality. It provides customization capability by adding a lot of flexibility. Leading eCommerce brands with quality project budgets prefer Magento because of the ease of setting up the B2B and IR marketplace.

 

Magento is the biggest eCommerce platform in terms of features and functionalities offered. For the same reason, setting up an eCommerce shop in Magento requires a bigger budget and web development expertise. You may need a maintenance team for such a complex system which is not ideal for SMBs.

Shopify

 

It is the most popular SaaS-based eCommerce platform because of the ease of setting up the business. Shopify is the most preferred eCommerce platform because SMB owners who have little technical exposure can easily manage the online shops. It doesn’t require a domain, SSL certificate, and hosting. Shopify counts everything in the subscription fees from shop owners.

Drawback:

– Shopify takes a 2 percent commission on each transaction made through 3rd party payment gateway that brings down the profit margin.

– Scalability is limited

– Monthly subscription charges – Basic Shopify $29/month, Shopify $79/month, Advanced Shopify $299/month

WooCommerce

 

Unlike the other two platforms mentioned above, WooCommerce is not an eCommerce platform but only an eCommerce plugin for WordPress. It is already the most popular CMS and provides extensive scalability as free and paid plugins for easy site enhancement.

 

WooCommerce has managed to gain a global market. Also, the features provided by WooCommerce are professional, quality-controlled as well as easy to use. Since WooCommerce is a plugin, there’s an option to customize the functionalities.

Step 3: UI/UX

There are thousands of predefined themes available in the market for all the three platforms mentioned above on Themeforest. You can choose from the themes, or you can also create your design from scratch.

The themes available are in two formats:

 

– Image format

– HTML

You will notice that the themes which have the HTML done cost between USD 40-60. Whereas the image format themes cost $15. Understandably, if you buy only an image, you need to hire a front-end developer (HTML) to convert the PSD image to HTML format. Then it will be made dynamic using the chosen platform.

PLEASE NOTE that if you are using a purchased theme, request the developer to remove redundant codes. Usually, there are a lot of features and functionalities in the predefined-theme which you’d never need. It is advisable to remove those unused sections without affecting the code logic.

There will be two advantages in that:

– Optimized site loading time

– Better SEO score

 

Once the project enters SDLC, it is advisable to research the general roadblocks by studying the themes and the features. Be in constant touch with the developers and request at at-least two meetings in a week. Ask them to give a demo. If they say that the code is not up, ask them to share the screen and show the progress in their local machines.

 

Conclusion

While you are on this line, you have crossed level 1 of your elementary research on the leading eCommerce platforms. It is time for you to drill deeper, visit the websites of all the 3-service providers and inspect the services and features they are offering. In case you need any consultancy and expert advice, don’t forget to drop us a line.

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