Nowadays, Magento Commerce, the global leader in cloud digital commerce innovation has launched updates to next-generation apps marketplace, which extend the ecosystem of the platform’s most trusted services and products to all Magento merchants. The marketplace provides a simple user experience for easy discovery of high-quality, curated technologies. Today, it has added extensions for the Magento 1.x platform. With the updates, the marketplace offers developers access to a big customer base more than ever and the ability to tailor further experiences to contemporary businesses.

Magento Marketplace From Developer View

In the current marketplace, magento developer embodies the creativity and passion of worldwide ecosystem of industry innovators working tirelessly to boost the platform continually in a way that none of the competitors could match. With the marketplace updates these days, it is now simpler for merchants to innovate continuously and build custom solutions that are tailored to the exact needs and requirements of the business.

In April, Magento developers debuted on marketplace with a new vetting process to make sure that merchants purchase high quality commerce extensions. In just six months of availability, the Marketplace has achieved tenfold sales volume growth and acquired over 50,000 merchant users. More than 750 extensions passed extensive, marketing, technical and business value review and presently available in the Magento Marketplace.

Key Capabilities Of The Magento Web Development Company

The key capabilities of Magento marketplace includes the following:

1. Extensions for all Magento merchants. Best-in-class services and products fuel merchant growth as well as innovation across all Magento 1.x and Magento 2.x users.
2. Benefits for a Magento developer, technology partner and solution provider. Extension developers acquire cost-effective, new opportunities to deliver value to a growing client base. Magneto development company protects the work of developers and promotes conversion rates through simplifying the discovery and purchase process, showcasing prominently extensions to important buyers and implementing code checks and plagiarism reviews too.
3. Curated purchasing experience. A rigorous vetting process, reviews and recommendations and ratings system enable merchants to discover quickly high-quality services and products, which enrich customer value and functionality.
4. Extensive destination for commerce apps. Magento Marketplace provides products from leading partners, such as Fastly, Dotmailer, Tax.Jar, and Celebros across categories, like content delivery, marketing automation, website search, taxes and many more. Magento Marketplace is the official shop for free and paid apps and connectors to third party Software-as-a-Service products.

The Next Generation eCommerce Hub

As a next-generation commerce hub, the Magento marketplace has rapidly become the important catalyst for business growth in an amazingly competitive market. Magento development company allows technology providers to more openly and rapidly share innovations while at the same time equipping merchants to breed customer loyalty with ease and speed. Magento marketplace advances the mission to help merchants eradicate the problem of sales taxes, providing them freedom to focus less on compliance and more on building personalized shopping experiences, which exceed the expectations of a consumer.

Benefits Of Marketplace Extension For Sellers

The content management marketplace extension enables website admins to add unlimited number of suppliers, thus one could encourage a healthy competition against several niche markets. Vendor options include the ability of shipping from a third party vendor, eradicating the need for drop-shipping and inventory storage. The feature enables suppliers in the marketplace to lower prices of a product to sell in huge amounts to wholesale purchasers. As a supplier, one has the added benefit of controlling shipping of products from start to finish. One could define shipping products by one’s own unique parameters and acquire sales reports and customers to eliminate guesswork for profit margins.

Benefits Of The Marketplace Extension For Admins

As an admin for the Magento Marketplace, one has complete control over active sellers in the market. One could approve sellers and their products, apply permanent features across numerous seller accounts as well as segment sellers via their products to make an organized marketplace. As an admin, one could have access to buyer and seller activity throughout the website. Furthermore, one could optimize the marketplace and transactions via analysis of data products, shipping and a whole lot more.

Added Features

Utilizing offshore Magento developer from existing marketplace, you can turn an ecommerce store into a bustling online medium. The Marketplace extension enables seamless integration across the whole chain. The PayPal add-on allows the admin to automatically manage payments for vendors, depending on their choices, upon completion of order, purchase or manual settings. Moreover, the admin could limit the number of categories a seller could choose for the store or products or to define the categories that could not be altered by the seller. This way, the Marketplace admin could control products and groups within its market. Sellers could make changes or see orders on the go with a responsive dashboard, a feature, which brings the Magento marketplace to the mobile world.