When you say - 'getting the most out of', it literally means to make full use of it. Hence, in this context, it is about the PrestaShop Hyperlocal Marketplace. So, now that you have decided to invest in the Prestashop Hyperlocal E-commerce Business or already have and are trying to have a better view of it, here we are. Knowband presents the Prestashop Hyperlocal Delivery Marketplace that allows you to convert your store into a hyperlocal marketplace. This blog talks about aspects of the Prestashop Hyperlocal Service Marketplace that make it such a must-have option. Aspects that ensure you are getting the most of the Prestashop Hyperlocal Delivery Business Model Enrolling the best sellers to your Prestashop Hyperlocal Marketplace Sellers don't come crawling to your platform in order to sell. You have to attract them and offer them something that will benefit you and them. Further, if you have popular sellers from the community (or the locality), you know that customers will come to place the order. Hence, enrolling the superstar sellers will increase sales and revenues of your Knowband Marketplace. Adjust the settings of the Revenue Models Revenue models of the Prestashop Hyperlocal Marketplace are the only source of income for the admin. In fact, the admin gets to earn through the different revenue models of the Hyperlocal multi-vendor marketplace. The revenue models include: 1. Product Listing Fees 2. Membership plans; and 3. Commission The models help the admin adjust the settings of the different revenue models to get the incomes coming. In fact, the admin can do the following: Decide the product listing fee - this is where the sellers pay as per the number of products/categories they need to sell on the platform. In addition, for every additional category, he pays more to the admin. Create membership plans as per the need of the business - moreover, the sellers can choose from the different subscription plans for selling their products. The setting of the commission rate - the admin can choose to keep it static for all the sellers or percentage-wise for individual sellers. Allowing your sellers to be in charge of things The sellers don't have to be taught everything. Neither do you have to keep an eye on everything they do and rationalizing them, Hence, it is time you allow them to do things their own way? Further, let them add the shipping methods, add products to the categories, and handle the inventory. In the End So, are you considering the Prestashop Hyperlocal Marketplace module by Knowband? If you have any questions, do let us know at support@knowband.com.
