Build an Electronics Marketplace with Dokan

Today, around 2 billion people buy products from online marketplaces. Having said that, Dokan has proven to be the ultimate WordPress multi-vendor marketplace. You can even build an electronics marketplace with Dokan.

Dokan has over 20000+ active installations around the world.

So you can understand from that how popular and reliable Dokan has become in creating online marketplaces. No wonder it has remained as one of the top multivendor marketplace builders for the last 5 years.

In this article, we are going to show you how to build an electronics marketplace with Dokan. Because of its low overhead costs, you can earn a huge profit from a limited investment. Because nowadays, online marketplaces have become quite an opportunity to earn money in a short time.

Online Store Opportunities in 2020

If you want to earn money from a limited investment, then an online marketplace is the way to go. What is an online marketplace you ask? well

An online marketplace is a type of e-commerce site where product or service information is provided by multiple third parties, whereas transactions are processed by the marketplace operator.

Online Electronics Marketplace Growth
Online Marketplace Growth

You don't need storage space and put extra effort into designing your store. All you need is,

  1. Domain & Hosting
  2. WordPress
  3. WooCommerce
  4. Dokan
  5. Dokan Pro

That is it. You don't need anything else to create an online marketplace. You might think, how is it possible. Well, let me give you an example by building you an online electronics marketplace with Dokan.

Getting Started with Your Electronics Marketplace

Electronics Marketplace_Dokan

Ok, let's get started. But first let me answer a question, why you need Dokan while you have Woocommerce? well, Woocommerce lets you create only a single store marketplace. To turn your single store into a multivendor store you need Dokan.

First, you need to install the Dokan plugin on your WordPress dashboard. Before that, you need to install WooCommerce.

We are assuming you have already got your domain hosting and WordPress installed on your device.

Installing Dokan is similar to any other WordPress plugin. First, you need to install the Lite version of Dokan which is absolutely free. You will get the basic features for building your marketplace. But to bring a premium feel to your marketplace we suggest you purchase Dokan Pro.

Check how to install Dokan.

Build an Electronic MarketPlace with Dokan

Ok, you have installed the necessary prerequisites. Now you need to follow some simple steps to build an electronics marketplace. Like,

Configure All The Important Settings for Dokan

You need to set up a few necessary General settings before start building your marketplace.

Dokan General Settings

These settings are important as these settings will define the type of marketplace you are building. You can tweak these settings according to your needs.

Do it as per your requirements or you can use its default settings. You can also change all the other settings available if required. Check out the option available above and get an idea of all the settings you need to work with for setting up your own electronics marketplace.

Choosing The Right Theme to Make Your Electronic Marketplace Unique

Well, there are many electronics marketplace available out there. So what will make your marketplace unique? a Theme. You need to use a theme that will make your marketplace look different than all the other marketplaces.

You can use Dokan Theme, which is a standard theme for Dokan multivendor marketplace. But if you want to make it look more exclusive then there are some exotic themes available that are fully compatible with Dokan.

Choose one and make your marketplace exclusive.

Your Own Store in The Electronics Marketplace

As an admin, you can have your own shop in your marketplace. So you can create your own shop or lend your marketplace to the vendors.

So if you want to create your own store, you need to follow some steps.

  • You need to create a user for yourself
  • Subscribe yourself as a vendor
  • Create your store from the Back-end or Front-end

Having said that, whenever you sign up as a vendor, a profile will be automatically created for you. You just have to add a store profile picture, name, and a store banner. You can add products also.

Adding Products to Your Electronics Marketplace

Ok now let's get onto adding products for your electronics marketplace. Simply go to WP Admin Dashboard→WooCommerce→Products→Add New.

Product Adding Dokan

As you can see from above, you can add a description for your product, set a price and add the vendor name. You can set an image of the product if you want.

If you want to edit an item, simply click on Edit below the product name and you will get all the options.

Add Shipping Tax and Other Attributes

There are more advanced options that can be edited such as the product inventory, shipping, taxes, linked up products, custom attributes and more. Simply edit these options depending on the product attribute changes & demands.

Shipping Method: Vendors can set the shipping rate for their stores independently. They can configure everything on their own with Zone Wise Shipping and Product Wise Shipping system.

Tax System: Dokan has a built-in support system for WooCommerce taxes. Therefore, the admin can configure taxes from the backend for the vendors.

Extra edit options

Electronic Marketplace

All said and done, now you can view your store. Now your customer can buy from the store you created on your electronics marketplace.

Electronics Marketplace_Dokan

See, how simple it is to create an electronic marketplace with Dokan-the best multi-vendor marketplace in WordPress.

Buying A Product

Buying a product from the marketplace is really simple. All you have to do is,

  • Visit a Store
  • Select single or multiple products.
  • Click on View Cart
  • Proceed to checkout
  • Fill up your name, billing address, payment method.
  • Click on Place Order.

And you are done.

Buying A Product

See, how simple it is.

Bonus Tips For An Electronics Marketplace Owners

  • Try to make the marketplace as professional as possible
  • Select a better and exclusive theme
  • Make sure the other vendors are authentic
  • Use extensions like Auctions, Live Search and Store Support to further your cause.

Wrapping Up

It may sound like building an online marketplace is a lot of work. But with Dokan multivendor marketplace that task rather becomes easy. Only in a day, you can create an online electronics marketplace and earn profits from that.

Dokan removes all the complexity to manage an online marketplace indeed. Since Dokan Light is scalable you can extend the features by getting Dokan Pro.

Team Building Exercises in Your Workplace for 2020 (Pro Tips for Managers)

From coordinating group projects to helping to finish the children's homework, project management is everywhere. To complete a project you need a plan and execute it accordingly. That's the job of the project manager. Successful execution of a plan depends on the right team building exercises in workplace.

The role of a project manager is to lead a team of individuals assigned to a project.

A project manager has to manage individuals efficiently to run the project successfully. So, he needs to perform the right team-building exercises in the workplace to make the team effective and make sure they are on the right track of doing their work. And with the right Project management tool, the project manager can easily achieve the desired success.

This read-up below will give all the project managers the right idea on how to make a team efficient and what tools he/she needs to make that happen.

What Makes a Team Efficient-Suggested Team Building Exercises

Team Building exercises for project managers

A group of members working together to achieve a common goal is called a Team. It doesn't matter what kind of company or project you are running, you will always need a team to do all the work smoothly. If the team is working efficiently that means success is relevant.

But in order for the team to function properly, they need a leader. That role is played by the project manager.

A project manager needs to make sure the team is performing efficiently. Some team building exercises in workplace like,

  • Making sure the team gets a clear direction from the project manager
  • Crystal clear communication
  • A defined set of rules for all the team members to follow
  • Mutual trust between the project manager and the team
  • Exchanging ideas
  • The team must have great collaboration between them
  • Establishing mutual respect for the project manager

should be exercised.

When an efficient team starts to work, their efforts turn to productive results

However in this day and age without the right tools, a project manager can not build an efficient team. It is impossible to do it manually.

Therefore with the right management tools, the project manager can perform wonders.

How a Project Management Tool Can Help Build an Efficient Team

Completing a successful project requires planning and executing it accordingly. An efficient management tool can go a long way of making the project successful. Having said that, with a well-configured tool a project manager can,

1. Create Tasks and Assign Members

Creating tasks and assigning them to team members is the first step of any project. But if that task has to be done manually then it will take a lot of time. However, a management tool can easily solve that problem.

Creating tasks will be easy and assigning them will be much easier with the right tool.

2. Keeping Track of Time

Well, as a project manager you can not just assign a task and forget about it. You have to assign a deadline to the task and keep track. But if you go to every member and ask about their work, it will take time.

The job will become a lot easier if the project manager can automatically know if the work is being done within the deadline.

3. Get Details OF Every Update

As a project manager you need every update of the project. With a project management tool, you can easily get an update of every occurrence of the project.

4. Analyzing Team Members Performance

Though a successful project is achieved by a team, some members stand out from the other team members. Their performance is special. And, special performances should be rewarded.

To separate those team members, a project manager should have the necessary data. That data can be achieved through constant monitoring of the team member's performances. That can only be done through software or a project manager plugin.

team building exercises in the workplace

We can understand that team building is an important task for the project manager. He/she has to make sure that the team is performing efficiently.

So, it is necessary that the project manager has the right tool to perform these team building exercises in workplace.

A solution like WP Project Manager can help a project manager build an efficient team. It has all the right and necessary tools that will make the work of a project manager easy.

Managing a Team With WP Project Manager

WP Project Manager

With it's unique and high-end features WordPress Project Manager ensures you and your team members easy collaboration, a quick insight of project status and the high opportunity to meet the goal in time.

This project management tool assists in over 8000+ projects around the world.

With WP Project Manager you can,

Create Unlimited Tasks and Assign Member Within Seconds

WP Project Manager lets you create unlimited tasks for the project based on categories. You can assign members related to the project to those tasks. And unlike other project managers, it doesn’t cost you on per user basis.

Team building exercises in the workplace-Adding Task
Adding task and assigning members

Keep Track OF Tasks With A Built-in Timer

Track the time spent on a task with a built-in timer. Keep a log with start, stop, pause and custom entry.

You can easily calculate charges for hourly works as well. There are three types of task category

  1. Current Tasks
  2. Completed Tasks
  3. Outstanding Tasks

So, you can easily prioritize the task based on their status.

time tracker

Get Project Updates From The Activity Log

You will be kept informed with every bit of the update in a project from one single page. The activity log takes note of everything that is happening. So you will always be updated about what's happening on the project.

Activity Log

Review Performances Using Overview Dashboard

The performance of every team member will be one search away. Just type in the member name and you will get a clear idea of how he/she has performed.

Team building exercises in the workplace-overview
Overview

But these features are only the tip of the iceberg. There are several other features of WP Project Manager. It is not possible to discuss all the features in such a short time. But we tried to show the vital features a project manager will need to perform efficient team building exercises in workplace.

Wrapping Up on Team Building Exercises for 2020

The strength of the team is each individual member. The strength of each member is the team

Phil Jackson

Behind every companies success, there is always an efficient team. And behind an efficient team, there is a project manager. With the right direction and leadership, the project manager can guide the team to success.

However, without the right tools, the project manager can not do that. WP Project Manager is the perfect plugin for these tasks.

Lastly, if you think there are more ways to build an efficient team do let us know.

Introducing Combine Commission Rate on DOKAN- The Top Marketplace Builder Plugin on WordPress

Since 2015, Dokan, the top multi-vendor marketplace in WordPress, has been successfully providing services to its customers.

Now, Dokan is gradually becoming stronger with every new update. The latest update brings you a new feature in Dokan Commission.

In the latest version 2.9.14, Dokan commission got a new type called ‘Combine Commission‘.

The write-up below will give you an insight into the new commission type and how this new commission type will help you to get the best out of Dokan.

Importance & Usability of Commission in a Marketplace

Dokan Commission

All business-persons want to earn money from their respective businesses. Therefore, a commission sharing system can be a great way to earn revenue and profit from any kind of business. Almost every multivendor site is using the commission to earn their profits and revenue.

With a limited investment, reasonable profit can be earned because of commission.

With a smart commission rate planning, more sellers will be attracted to your marketplace. When your marketplace gets the desired boost, then the commission rate can be increased. Dokan provides these solutions with smart commission rates.

Types of DOKAN Commissions both for Admins & Vendors

There are 3 types of commission rates on Dokan. You can use any of the commission rates to earn your revenue.

Earn with dokan plugin

1. Percentage Commission

With the percentage rate, you can add a commission percentage globally, vendor wise, product-wise, and category wise. If you add a percentage globally, that means you will get that percentage on all your vendors.

If you set it based on vendor, product or category, you will get that percentage specifically for that product, vendor or that category.

Suppose you have set a 10% commission rate, then you will get a $10 commission on every $100 sale.

2. Flat Commission

Flat rate means you will earn your commission in currency form. You can also add a flat rate to all the four commission systems (global, vendor, product, category).

So, if you set a $10 flat rate, you will earn $10 for any amount of sale.

Like, if the sale is $100 or $1000, you will get $10 flat from that sale.

3. Combined Commission (New Feature)

In the new version 2.9.14 of Dokan, we have introduced this new type in commission rates.

With the combined rate commission, you can add both percentage and flat rate commission at the same time.

After selecting the combined type, you have set the percentage rate at 10%, and flat commission at $15. So if the sale is $250, you will get a commission of ($25+$15)=$40.

Combine Commission rate on Dokan

You can also use this commission rate in every commission system.

How to Set up Dokan Commission

We have added multiple ways to earn money from Dokan. An admin or site owner can set commission for all the orders, products, store or product categories.

Go to Dokan→Settings→Selling Options. There you will find all three commission types. Select any one of the commission types, then set the rate and you are good to go.

There are 3 types of Commission.

  1. Percentage type
  2. Flat type
  3. Combine type
Commission types on Dokan

Read the documentation to know how to set up the Dokan Commission.

You can set up different commission rates for different commission systems like Global Commission, Store Base Commission, Product base commission, Category base commission.

Give your knowledge a boost about the commission system with this article.

What Would You Get Using Combined Commission Rate on DOKAN

We have introduced this new commission type in order to keep a balance between the earnings and profit of both the admin and the vendors. With only the percentage and the flat rate type, neither admin nor the vendors were getting the desired profit.

It is certain that the admin and the vendors will both be benefitted from this new commission type.

The new Combined tax rate solves the hassle for admin to decide whether to add a percentage tax rate or a flat rate.

Now, if a product of a vendor is selling beyond expectations, the admin can add a combined tax rate and earn a little extra profit from that product. Not all the vendors will be doing great business.

So, it only makes sense that the vendors who are doing great business should pay more than the vendors who are not doing well. That way the admin will cover up the lost revenue from those vendors. That is where the Combined Commission rate comes in.

Also, the admin has to pay the payment gateway charges, and he pays that from his earned commission. So, it shrinks his desired profit.

With the combined tax rate, the admin can easily make up for it. Suppose, the payment gateway charge is $2. The percentage rate is 10%. So, if there is a sale of $150, the admin will get $15. And with payment gateway charge, he will have ($15-$2)=$13 at the end of the day.

But if he puts a flat rate of $2 with that percentage rate of 10%, which is the Combined commission rate, then he will earn a total commission of ($15+$2)=$17.

With the payment gateway charge, he will have ($17-$2) =$15, which is the desired profit of the admin.

FAQ on DOKAN Commission

Is there any other way to earn from Dokan than Commission?

Yes. With the Dokan Subscription package.

Can the commission rates be changed at any time?

Yes. as an admin, you can change the commission rate any time you want.

What is the minimum selling price for a flat commission rate of $10?

The minimum selling price has to be greater than $10(>$10). Otherwise, the system will not let you set a selling price less than the flat commission rate.

Wrapping up on Dokan Commission

About 20.000+ marketplace around the world is run by Dokan. With its advanced features, Dokan is gaining more strength day by day.

With the new Combined type in Dokan Commission, earning has become easier.

We hope if you employ this smart planning and intelligent feature, you can boost your marketplace and earn the desired profit exactly the way you want.

So, what do you think of the new Combined commission type? Do tell us.