Why Woocommerce is Good Choice for creating Marketplace

Speaker Name: Dhruval Shah

Transcript

1. Online Marketplace
2. Why Woocommerce is Good Choice for creating Marketplace
3. OUTLINE • Comparison between the available plugins to create marketplace • Choosing Right Plugins/themes for Marketplace • Setting Up user Registration & Login features • Enabling Transaction & payment processing • Manage Commission & withdraw functionality for Marketplace
4. What Is an Online Marketplace? An online marketplace is an eCommerce portal where multiple vendors come on a common portal to sell products or services. This eCommerce model is also called the multi-vendor eCommerce website. Different vendors/sellers register on the multi-vendor site where they upload, display, and sell their products or services. The sellers pay a commission to the marketplace owner for using the readymade platform and its other services which may include customer support, logistics, etc. The portal and its policies, transactions, etc. are managed by the marketplace admin/operator.
5. Why Woocommerce is Good Choice for creating Marketplace A good marketplace requires a solid, user-friendly architecture. It must look good. Customers, vendors and even the admin should feel at home here. Below are major factors to build your Marketplace In Woocommerce 🡺 User Friendly 🡺 Community 🡺 Infrastructure cost
6. Comparison between the different Marketplace (Ecommerce) technology Shopify Basic costs : $29 per month, Advanced Shopify costs : $299 per month, Magento Commerce : Cost Varies based on plan Woocommerce Only require domain & hosting
7. Comparison between the available plugins to create marketplace(Mostly Used) Key Features Key Features DOKAN WCFM WC Vendors Active Installation 70,000+ 30,000+ 8,000+ Release Year (First) 2014 2017 2014 User Interface Best Frontend user interface Moderate User Interface Bad User Interface Compatibility Suitable with most of Woocommerce themes, Built-in Multilingual support, Less Confliction Suitable with Most Woocommerce themes, Might have Confliction With other plugin Not covering all features Support Great Support 4.6 Rating Wordpree.org Good Support 4.5 Rating Wordpree.org Good Support 4.4 Rating Wordpree.org
8. • https://wedevs.com/best-woocommerce-multi-vendor-solution/comparison/? gad=1&gclid=CjwKCAjws7WkBhBFEiwAIi1688-3kFpKNoLAImfwA9rc9Y0f3Tm Q5BD5hD2git3c9xtz24d-hfR2axoC0sYQAvD_BwE
9. Choosing Right Plugins/themes for Marketplace • Choosing the right plugins and themes for a marketplace can be a crucial decision as it can impact the user experience and functionality of the platform. Here are some tips to help you select the right ones: 🡺 Identify your marketplace's needs 🡺 Check for compatibility 🡺 Check for reviews and ratings 🡺 Look for support and updates 🡺 Test before deploying
10. • Identify your marketplace's needs: Before selecting a plugin or theme, you need to identify the specific needs of your marketplace. Make a list of features that you want to offer to your users and choose plugins and themes that match those requirements. • Check for compatibility: Ensure that the plugins and themes you choose are compatible with your marketplace platform. Check the version of your marketplace platform and ensure that the plugins and themes support it. • Check for reviews and ratings: Read reviews and ratings of the plugins and themes you are considering. Look for plugins and themes that have positive feedback from users and a high rating. • Consider the developer's reputation: Consider the reputation of the developer who created the plugin or theme. Check their website and portfolio to ensure they have a good track record of creating quality products. • Look for support and updates: Choose plugins and themes that are regularly updated and supported by the developers. This ensures that any issues or bugs will be fixed promptly, and the plugin or theme will continue to work as expected. • Test before deploying: Test the plugins and themes before deploying them on your marketplace. This will help you identify any issues or conflicts with other plugins or themes.
11. Setting Up user Registration & Login features Dokan Demo https://wedevs.com/docs/wp-user-frontend-pro/settings/login-registration-settin gs/ https://www.awesomescreenshot.com/video/18411603?key=3e61ad1c4f84369 4e7ab15879f1d895a
12. Enabling Transaction & payment processing
15. Commission Priority Flow
16. Withdraw functionality