Adopt new businesses models like subscriptions and marketplacesAakanksha Patel2023-09-01T06:45:51-04:00
Adopt New Business Models Like Subscriptions & Marketplaces
Ensure a consistent stream of sales for your store by embracing modern business models such as subscriptions and recurring payments. Offer the leisure of automatic reordering products in the pre-decided interval to your customers – saving their valuable time.
Create subscription plans for a wide range of products to generate customer loyalty. Not only will this help you in configuring adjustable subscription plans for distinct product types, but it will also secure a consistent stream of sales for your store. You can also leverage the power of quick subscription configuration by adjusting the required number of payments, their frequency, and several other pricing parameters.
With Magento, you can create a desired wholesale or retail marketplace, sufficing the necessity of serving both B2C or B2B customers under one platform. As a seller, you can source products from different wholesalers by creating a separate backend login panel for wholesale users.
Integrate your Magento store with Amazon to expand the reach and watch your revenue grow. Having an eCommerce website on Magento allows you to seamlessly sell and distribute on the world’s largest marketplace with its free Amazon Sales Channel extension. Not just these, you can even tap the market of eCommerce marketplaces such as Alibaba, Souq, Etsy, eBay, and Rakuten.