Get Even More Visitors To Your Blog, Upgrade To A Business Listing >>

Top 10 Magento 2 Extensions to Raise your Store’s Revenue

E-commerce is the future of mortar and back ones. They are also known as electronic commerce and sustain a business model that involves transactions taking place on the internet. In simple terms, any Store which is selling their products online are e-commerce stores or businesses. 

Traditionally speaking there are 4 kinds of e-commerce 

  • B2C (Business-to-Consumer)
  • B2B (Business-to-Business)
  • C2B (Consumer-to-Business)
  • C2C (Consumer-to-Consumer)

Alongside there is also the B2G (Business-to-Government) which is often merged with B2B.

Now you have built an online portal for selling products and services and want a simple CMS to manage your store’s content. But the e-commerce web development companies you contacted all suggest that Magento can be the right choice to develop your online store.

Magento 2 is significantly more mobile-friendly and creates the most user-friendly and scalable e-commerce environment yet. It additionally supports Progressive Web Apps (PWAs) which lets users create a native mobile app-like experience for their site.

With Magento 2 you Get:

  • Flexible architecture
  • Shopping experiences
  • Easier maintenance and upgrades
  • Seamless payments
  • Added HTML 5 tech
  • Re-envisioned CSS pre-processor

And a whole lot more!

A fine example would be Amazon.com one of the most popular online stores in the e-commerce industry and the biggest too. One common factor here is that all e-commerce businesses need extensions to raise their revenues. And today, the best Magento 2 extensions offer just the same.

What is Magento?

Magento is an excellent platform that gives your brand the prowess to turn into an amazing e-commerce platform. People use it for building feature-rich and user-friendly websites and portals. Magento is best known for flexibility, scalability, and reliability. 

This platform’s convenience makes it easier to develop web solutions for all different sectors, sizes, and budgets. While there are many Magento extensions available for e-commerce, Magento 2 marketing extensions add the desired functionality to your online store. This is the newest incarnation of the leading enterprise-class e-commerce platform, utilized by over 200,000 online retailers.

Here are the extensions that can help:

1. Reward Points

An attractive feature of the Magento 2 marketing extension is the Magento Reward Point. With this powerful technique, e-commerce stores can motivate and encourage clients to shop more on their website. The idea is to help customers cherish customers and strive for reward points during the first signup or completed purchases. An additional feature of the reward points is by referring their friends. With the reward point programs, you can drive more traffic to your store. It also enhances your brand recognition and brand recall. When customers share your store’s links on social media to get reward points, you get more sales and higher revenues!

2. Hide Price Extension

One of the other best Magento 2 extensions is the “Hide Price.” It’s simply about showing the product price for non-signing up customers. Sellers can encourage customers to register and add products to their cart to see the price. In this process, there is a higher chance that customers purchase the products at your store instead of shopping at other e-commerce stores. Having a fluctuating price is suggested for products that are made of gold or silver. These are prices that change within minutes. Hence, customers have to call the store for the actual price.

3. Marketplace Pro

There is a full version titled Landofcoder Magento 2 Marketplace Pro available, which is an online automatic Marketplace. It lets an unlimited quantity of sellers/vendors promote and sell their products. Any e-commerce store that wants to automate their marketplace professionally and bring it up to the level of eBay, Amazon, and Esty, Magento 2 Multivendor Marketplace Pro can do so with this extension. 

An added feature is that you get advanced reports where sellers can get all the store information and details in the chart to control their website. This includes:

  • Line chart about the sales report
  • Show Date along with customers, subtotal, etc.
  • Show Bestseller based on the product, price, and quantity
  • Show viewed products as per their name, price, and views
  • Illustrate countries that buy these products

4. Auction Extension

Another best Magento 2 extension would be the Magento 2 Auction Extension. It is a useful tool that can help boost traffic and drive more sales for e-commerce store owners. It allows the owners to give limited products for bid and take bids and sell them at the highest price. The Landofcoder Auction Extension is a must-have to enhance sales. The highlight of this extension include:

  • Generate more excitement 
  • Increase customer curiosity and interest
  • Result in better CTA or call to extension
  • Upsell & cross-sell artificial intelligence
  • Automate strategies

5. Product Enquiry 

Everyone has used e-commerce stores at one point in time. And it is likely that you came across a website and wanted to inquire about a product? However, you were disappointed that the contact form’s search to send an inquiry was missing or was unresponsive. With the Product Inquiry Magento 2 Extension, you can inquire about products from the same page itself. All the queries regarding the product, shipping, delivery time, or other doubts will be cleared. It further helps the customers fill up the inquiry form to get an email notification immediately. Both registered and unregistered users have the option of sending inquiries and clarifying their doubts before purchasing any products or services.

6. Affiliate Extension

Numerous sellers are now using affiliate marketing to increase sales and profits for their stores. Let’s take the example of Amazon, which shows how an affiliate program can significantly boost store revenue. Amazon generated $34 million in sales in 2010 alone. Out of this, about 40% came from affiliate programs. Magento 2 Affiliate Extension by MageHit can help merchants set-up a proper affiliate program seamlessly. With this extension, you get tools for:

  • Setting commission rules
  • Control affiliate accounts
  • Configure payment conditions
  • Track transactions & performance

It is a quick option to increase the revenue stream for your Magento store.

7. Store Credit Extension

The Magento 2 Store Credit Extension is one of the best Magento 2 extension tools for increasing customer loyalty by giving them store credit. The customers can recharge their credit account and then use the same for paying. Storeowners can use this extension for storing credit to refund or reward their clients. The result is a big profit and benefits to both customers and store owners. There is also a dedicated account section to manage their purchases and sales.

8. Delete Orders 

A big hurdle for e-commerce stores is managing orders. With this Magento 2 extension, the admin has the power to delete all the unwanted and unnecessary orders from the website admin panel. As a result of this, your website is more organized. E-commerce store owners can manage the order efficiently. One also has the option to delete orders along with other related documents like:

  • Invoices
  • Credit memos
  • Shipment details

9. Customer Attribute 

Adding customer attributes is a critical component of succeeding in e-commerce. With the customer attribute Magento 2 extension, any website owner can manage and add new customer attributes on the customer registration page. The extension also lets one update the existing customer’s attribute values. The admin has the option to display different attribute fields on the registration page. Once this is done, they can collect all the required information from customers. It is one of the best Magento 2 extension to add new attributes such as:

  • Text field
  • Text area
  • Multiple select options
  • Date, drop-down
  • Image files

One also has the option to upload the documents and images and select their preferred answers.

10. Store Locator Extension

Yes, there is Google Maps, but you want a tool that correctly supports retailers with multiple stores located in different places. With this extension, customers can find the nearest stores. They also get the option to see other numerous offline stores displayed on the interactive map using the store search functionality. Owners of multiple e-commerce stores can also update the store’s address on the website and navigate visitors according to their store locations.

Do remember that different e-commerce stores have additional requirements. What works for one might not be required by the other. But you can pick from the above available options and utilize these extensions to drive up higher revenue for your store. Research and look for appropriate tools that will optimize sales as per your business goals. 

The entire ordeal can indeed be somewhat confusing since there are many extensions available in the marketplace. You can check out these top ten options that provide you with the best of the e-commerce extensions!

The post Top 10 Magento 2 Extensions to Raise your Store’s Revenue appeared first on The Inbound & Content Marketing Agency.



This post first appeared on Digital Marketing Tips And Tricks, please read the originial post: here

Share the post

Top 10 Magento 2 Extensions to Raise your Store’s Revenue

×

Subscribe to Digital Marketing Tips And Tricks

Get updates delivered right to your inbox!

Thank you for your subscription

×