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Published August 19th, 2016 by

Reasons to Build a Multi Vendor Store Using Magento 2

Full Title: Reasons to Build a Multi Vendor Store Using Magento 2 and why existing lot should consider a shift from 1 to 2?

Magento 2.0, is the biggest overhaul the world’s most preferred open source ecommerce platform has underwent till date.

Well, the developers are on cloud nine with its technical advancements giving a next-level convenience in terms of development, ecommerce business aspirants are doubtful on why choose Magento 2 and the existing bunch are skeptical about the shift from Magento 1 to ‘2.0’.

Here is an earnest attempt to clear the air beginning with the line up of facts for “Why a shift from Magento 1 to Magento 2 is necessary for marketplace owners?”

Magento 1 vs Magento 2

  • Magento will be supporting Magento 1 version only till November 2018 that translates to just 2+ years (26 weeks).
  • Data Migration Tool – Data Migration from Magento 1 to Magento 2 has been made easy with this tool . However, other technicalities are quite tough to handle you’ll need a perfect Magento 1 to Magento 2 migration service provider for that. (Anchor Text CTA)
  • Magento Enterprise Cloud Edition – Magento Enterprise edition that supports big technical infrastructure like marketplace stores is now available as PaaS (Platform-as-a-service) hosted by default on Amazon Web Services.
  • A marketplace for Magento 2 extensions is already in place so that you can find Magento-2-compatible extensions easily for your multi vendor store.

Now, having discussed the factors that could convince a Magento 2 migration for existing multi vendor ecommerce store owners, let’s dig into the all-new developments of Magento 2 that an aspiring ecommerce business owner could exploit.

A quick roundup of what’s in store

Scalability and performance are the two main factors  – which determine the experience of a marketplace website. Appealing front-end, mobile-friendliness, zippy checkout experience, easy to manage admin backend are a few others that determine the quality of a marketplace store. Believe it or not, Magento 2 has everything in its stack that a multi vendor store needs.

Performance(confuse)

  • Magento claims that it’s latest version will be 20% faster than its predecessor.
  • The full-page caching technique ensures page loading speed in 1 to 2 seconds.
  • HTTP accelerator technology and Varnish Cache reduces server load.
  • Code changes can be tested for their performance using performance test scripts.
  • New indexers for speeding up query performance

User-friendly checkout

Checkout is now all the more simple and users will find it easier to navigate through. Guest checkout option has undergone a time saving advancement which that recognizes a guest user through their mail ID and loads the information automatically.

Improved Front End

  • Responsiveness allows users to access via all mobile devices and PCs.
  • Customers can create an account in the checkout success page.
  • Images will also accompany order details like quantity, SKU in the shopping cart
  • The ecommerce website will directly send billing information to the payment gateway
  • Support PayPal, CyberSource (Enterprise Edition), Braintree, Authorize.net, WorldPay (Enterprise Edition) and few other payment gateways
  • The new theme looks far more appealing

Security

Magento 2’s security improvement is the inclusion of strengthened hashing algorithms for passwords (SHA-256).

SEO(confuse)

Developments in rich snippets, now includes catalogs as they can be placed in catalog pages of ecommerce stores also. This will improve the overall look of the rich snippets area thus earning  more trust and appeal as well.

Backend functionalities that please Administrators

With more GUI-based competitors like Shopify growing in a brisk pace, the need for Magento to provide a better admin interface, especially to help non-technical users was a long time pending improvement Magento had to make and it has been achieved with Magento 2 now.

So, the installation, configuration and setup process have become more straightforward and understandable thus reducing the dependency over developers.

Complete overhaul of the look and feel. Right from the fonts to the design and other like menu arrangements, icon sets are new.

The new look is fluidic responsive which is a great news for business owners who use admin backend through Android tablets and iOS tablets.

Menus have undergone classification revamp and inclusion of icons helps in better understanding. Creating products is much easier. More provisions for providing variant specific product information.

Product information right from inventory level to others, can be edited directly on the grid area. Tiles and and Inventory levels can be viewed in grid. Bulk editing of price and other images can also be done.

Developer friendly features

  • Compatibility with other platforms is better now as magento 2 is compatible with Zend Framework and PHP 5.3 and in terms of databases, it supports MSSQL, Oracle etc.
  • Component based module structure offers better flexibility in terms of development.
  • 100% test friendliness helps in performing static, performance, unit, migration, integration tests comfortably.
  • The new file structure helps developers to develop custom Magento theme without much issues.
  • Upgrades and installation can be quickly done using composer.
  • Flexible architecture helps you bring your new ecommerce ideas to life.

Having done with lining up the updates of Magento 2, let’s move on to discuss how good are the possibilities to build a Marketplace store in Magento 2 extension.

You don’t have to start searching now as we have brought the solution right at your fingertips.

Apptha Marketplace 2’ extension. This readymade marketplace extension has been built leveraging the technical advancements of Magento 2 and comes with a host of built-in feature that reduces the dependency over third-party extensions.

Apptha-Magento2-Marketplace

Moreover, the instant build lessens your time-to-market and development capital a great deal.

Features that convince you to choose Apptha Marketplace 2 extension for your multi vendor store development

  • 100% customizable – Customize every pixel of the extension to suit your peculiar requirements, looks and functionality wise.
  • 365-days of Free AWS hosting – 1 year free hosting on Amazon Cloud to go live instantly after your website build and save hosting capital for the first year.
  • 30-day free technical support period – On-demand technical support and guidance for installation, setup, configuration and related technical queries
  • Free add-on supplements –  Social Login and Super Deals. Provide social sign up and sign in conveniences and also specific page for website owners to list all deals
  • Admin console – Admin console has enough of controls to monitor and manage seller & user activities. Admin can customize seller controls as well with this extension.
  • Seller console – Profile pages with provision to mention business specific information, add products with custom attributes, custom URL for store & product pages etc
  • Dashboard for admin and sellers – Exclusive dashboards for admin and sellers to stay update on crucial sales information in real-time.
  • Custom Themes – Custom made themes that are responsive and earn your Marketplace website a unique look among millions of others.

On The Whole:

Magento 2 extension is out and it growing in a viral pace. With more and more upgrades lined up, it is for sure going to take other development platforms including its predecessor by storm in becoming the most sought after developer, business owner friendly platform.

Now you know that building Magento 2 marketplace store is just a matter of configuration. Start building your muti vendor store now.

Alex Sam
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Alex Sam

Contributing the marketing strategy & implement the marketing plan to increase brand strength, leads and sales interms of SEO/SEM Strategies.
Alex Sam
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