With the Product Vendors extension for WooCommerce, store owners can instantly transform any shop into a multi-vendor marketplace, complete with multiple vendors, products, and payout settings.
With today’s release of Product Vendors version 2.0, we’ve added new features that make running a marketplace site even simpler. From a new vendor sign-up form to built-in per-product shipping settings to improvements to commission and payout settings, this update is designed to save you time while giving your vendors even more options.
Keep reading to learn about all the exciting changes we’ve packed into 2.0 and how they can help you grow your store.
Quickly accept and approve applications from new vendors
Starting with version 2.0, you can allow vendors to fill out a registration form expressing their interest in selling on your store. You can display this convenient registration form on any new Page by using the shortcode
Let's get started by gathering some of your details
When a potential vendor fills out this form, two emails are sent: one to the store owner and one to the vendor. The vendor’s email includes their login information, but their activity will be limited until they are approved by you (the store owner).
Via your email message, you will be able to review the potential vendor’s information. If you choose to approve the vendor, they will receive a follow-up email notifying them that they can now log in.
Until a new vendor is approved, their role will be “Pending Vendor.” During the approval process, you can set their role to one of two options:
- Vendor Admin — has full access to set up products and modify all their vendor settings, or
- Vendor Manager — limited access, can’t see sales tax or other settings, but can add new products.
Both Vendor Admins and Vendor Managers only have access to view and modify their specific products and settings — they cannot see nor change the data of other vendors.
Allow vendors to set up their profile
In this version, we’ve improved the way vendors can be edited and managed, both by vendors themselves and by you or your staff.
When approving or editing a new vendor, you can assign one or more Vendor Admins who can modify their data, including their profile, email address, logo, and so on.
Quickly manage your vendors’ commission, ability to edit shipping rules, and more
In this same management screen, you can set up the vendor’s commission (if you would like it to differ from your store’s default commission setting). You can also add the vendor’s PayPal email — where their commission payouts will be sent — and add any relevant notes you might have.
Additionally, you can allow the vendor to edit per-product shipping rules themselves, if you like. And if the final box is in a vendor’s profile is checked, integration with WooCommerce Bookings will be enabled.
This last setting will allow individual vendors to sell time-based bookings on your store. This is a new integration added with 2.0, and we hope you enjoy trying it out!
Choose between instant addition or admin approval for new products
Now in version 2.0, you no longer have to approve every new product unless you want to. On a per-vendor basis, you can now set new products to automatically be added to the store… or still require approval by you.
When a new product is set up by a vendor, if approval is enabled, the Vendor Admin or Manager will have to click “Submit for Review.” The product will be marked “Pending” in the item list, and you will receive an email stating that the product is ready for review. Sounds familiar, right?
But now, if you trust the vendor’s Vendor Manager, you can enable instant addition from their profile. This way, new products will pop right up in your store, and you’ll never have to approve them.
This is done on a per-user basis, so you can toggle instant addition on and off for the vendors’ Managers or Admins that are new, trusted, in need of a little help with their product pages, and so on.
Show as little or as much vendor information as you like
Some stores like to show their customers a lot of information about their individual vendors, while some don’t like to show any at all. With version 2.0, you have options to show each vendor’s:
- Vendor Name
- Vendor Review (a vendor’s rating is composed of the ratings of all of the products they sell)
- Vendor Logo
- Vendor Profile (the bio or “about” information entered in their profile page)
Each of these settings can be toggled on and off. Alternately, you don’t have to show any of them, which enables you to support multiple vendors but show a seamless experience to your customers.
For those of you choosing to display vendor information, we’ve added a new vendor widget that can be added to any widgetized area on your store. This “PV Widget” can be set to dynamically show the current vendor’s info for the product that is being viewed, or a select (say, a featured) vendor.
Vendors can fully manage orders, shipments, and customer notes
In this version, we’ve added a sleek new dashboard for vendors. We’ve also removed the need for additional WooCommerce extensions that were once required for vendors who wanted to set per-product shipping rates or receive new order email notifications.
Vendors now have access to:
- Instant “new order received” emails
- All their orders, for the purpose of adding private or customer notes
- Per-product shipping rates and tax settings
- Reports on their sales performance (downloadable in CSV format as well)
This saves both you and your vendors significant time and hassle.
Set commission amounts and payment schedules that work for you
Commissions on vendor item sales can be a set amount (ex. $5 on every purchase) or a percentage (ex. 25% of each sale). You can now set this commission individually per-product, per-vendor, or per-store.
Per-product commission settings override all other settings if they exist. Per-vendor commission will override your store’s default commission. Your default commission is the fallback if fine-tuned amounts aren’t set.
As for payment schedules, we’ve updated these, too! Payments to vendors can now be made instantly, manually, weekly, bi-weekly, and monthly.
Note that Instant payouts are per-vendor setting only and are not available as a store-wide setting. Any vendors who have “Instant” payments set will override your store’s default settings.
With the exception of instant payments, your Payout Schedule is set for the entirety of your store.
Concerned about timing? The week, bi-week, or month starts when you first save your payment settings. So if you save your settings on March 1 and choose Monthly, payments will be made on the first of every month.
Built-in support for your vendors
Finally, we’ve added one final perk for vendors. From a vendor’s Dashboard, they can click “Support” on the left side of the screen. From this spot, they can submit any questions or concerns directly to you.
When a vendor fills out the Support field, you’ll get an email and can respond to the vendor directly from it. Then they’ll get an email with your answers.
Built-in support is just more way we’ve made the process of managing vendors easier on you… and given your vendors a better shot at running a more efficient operation on your store.
With Product Vendors 2.0, managing vendors is simpler, giving you more time to run your store
With this update, we’ve done our best to make it easier for you to manage your vendors and for your vendors to manage themselves. Between an improved vendor dashboard, instant order emails, and an improved registration process, we’re hoping this update saves you time… and lots of headaches.
The Product Vendors 2.0 update should be available on your WooCommerce dashboard right now. Here’s some info to keep in mind as you upgrade:
- Having trouble with the upgrade? Think you’ve found a bug or plugin conflict? Visit our support page to open a ticket.
- Have a great idea for the next version? Start the discussion on our ideas board.
Please note that we are not able to diagnose or solve potential issues via blog comments. The fastest way to get in touch with us is via one of the methods listed above. But we are always happy to read your feedback on our extensions.
Have any comments about Product Vendors 2.0? Or any feedback about the features we’ve added? Feel free to leave your thoughts below, we’d love to hear from you.