Magento 2 is a powerful e-commerce platform that is gaining popularity among marketers, small businesses, and large enterprises. With Magento 2, you can build a website that is powerful and robust enough to handle the needs of your business. It has a range of features that your Magneto 2 development company can use to make it easy for you to customize your store for your business. Here are some of the top features of this platform.
Managing Buying Roles
Magento 2 allows you to manage your buying roles in a B2B company account. By default, it creates one buying role for each product. This can be assigned to a certain team member and each team member can assign their own buying role to other team members. Your Magento 2 developer can set up Company Accounts and also allow you to create custom buying roles that can be assigned to a specific team member or group of team members.
Create Custom Pricing for Different Companies
Magento 2 is a flexible platform that enables businesses to create their own custom pricing for different companies. It can be used for B2B or B2C. Creating customized pricing for different companies, that allows for your business to have better control over your business and customers. With the customizable pricing, you can set up a sales tax and the order-to-purchase amount for each company.
B2B Quote for Price Negotiation
It is an important feature that will allow you to negotiate the price of your product or service. That expert Magento 2 developers will set up helps you to create quotes, negotiate and manage customer negotiations. It can be used by business owners and their customers. Includes a quote builder, a negotiation tracker, and a management dashboard. Also includes analytics, with which you can get insights into customer negotiations and pricing activity.
Easy Order to Streamline the Checkout Process
The Magento 2 B2B quick order to streamline the checkout process is a new feature that allows customers to purchase items from a business without having to go through the entire checkout process. The new quick order feature allows customers to enter their credit card information, shipping address, and payment method without having to fill out any extra forms. This feature is a great way for retailers to increase conversions and sales.
MOQs to Increase the Profit Margin
The idea behind the minimum order amount is that it is the lowest amount of money a customer can order from your company before you are required to ship their order. This helps ensure that you will make money on every sale and not just on the few who place orders in the higher amounts. To increase your profit margin, you should consider raising your minimum order amount to a number that will make you more money.
When a company’s average order amount is low, it can increase its profit margin by increasing the minimum order amount. Your Magento 2 development company USA will set up allows companies to easily increase their profit margin by setting a minimum order amount.
Save Time When Reordering
Magento 2 has a nifty feature that allows you to create a requisition list that saves time when reordering. By creating a requisition list, you can easily create a list of the products you need for your store. After creating the list, system will automatically reorder the products you need when they are out of stock. It is important to note that this feature is only available for Magento 2 Enterprise Edition customers.
Flexibility In Payments
One of the most useful features of Magento 2 is the ability to place orders for goods that need to be transported.. It helps businesses arrange payments for transported goods quickly and conveniently. That has several benefits, including:
- Merchants can receive funds faster by receiving payments at a later date
- Merchants can create multiple purchase orders for items that need to be shipped
- Merchants can set the payment terms for each purchase order
- Merchants can choose from a wide variety of payment methods, including PayPal and credit cards
Final Thoughts
Magento is a powerful eCommerce platform that is extremely flexible and scalable. It has many features including a powerful admin panel, a beautiful design, and a wide variety of extensions. It is also extremely secure and has a built-in shopping cart. That makes it a great choice for a B2B eCommerce platform.