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Features of the multi- vendor app
This multi-vendor marketplace mobile app features can be further divided into three sections
Admin features
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Vendor features
Customer features
Manage vendors
One can access multi-vendors with the exclusive Magento 2 marketplace store and efficiently manage every individual vendor completely. It will also Manage the eCommerce Store for Marketers. The buyers can easily monitor the performance and response of the vendor. They can also give additional support to the vendors who want to take advantage of their work with the marketplace extension.
Commission management
This feature will allow setting commission fees and the percentage as per your business model and implementing it with the Magento 2 development module. Users can also set tax calculations, and the invoices generated through this marketplace extension will include tax.
Vendor payout
Systematically transfers the vendor payment successfully and carefully to every vendor in your multi-vendor marketplace. It also lets the Magento 2 expansion calculate the vendor payment automatically on its own as the commission percentage is fixed and can be done successfully.
Tax management
Vendors can set the tax percentage for every product and the value that is reflected in the invoice which is generated through the Magento 2 extension. Here, the admins will view all invoices and quickly get clear reports on the products sold on the multi-vendor marketplace website.