Magento – Which is this multi vendor panel in magento

TL;DR Let's remember - Magento wasn't built for this. But is it possible? Sure.

The type of functionality that you describe is called a Marketplace and there are a couple of plugin providers who have offerings at differing levels of integration.

While this is entirely possible within the realm of Magento without you having to offer admin access up to scores of untrusted individuals it seems that (at the time of this writing) there is no freely-available means of configuring Magento to allow multiple vendors to sell inventory of a single, canonical, product. This will require you to purchase a 3rd-party offering and all of the potential upsides and downsides that come with it.

To that end if you're not comfortable with such a proposal I would recommend that you look hard at eBay and Amazon's marketplace offerings. There are SaaS providers, too, that span across all sorts of technologies.

You're still here? Good.

If you're still interested in using Magento for this type of functionality, I do have a couple of suggestions for you.

I have no personal experience implementing either of these options but have done extensive discovery and have talked with both of the developers and teams from Unirgy and Merchantry.

Unirgy uMarketplace:

http://www.unirgy.com/products/umarketplace/magento-multi-vendor-marketplace

Pros:

• Fixed pricing. No sales team and quotes and haggling.
• Magento Plugin, vendors register plugins to your site and are listed in Magento Catalog
• Top-notch developer and extremely helpful support
• Features are spot-on with your requirements and even go so far as to offer CSV upload to merchants
• Provides merchant portal, shipping label generation, sales reports
• Great upsell features like allowing multi-condition products (new/used) to be sold one-off
• Admin features to merge product offerings and moderate product posts prior to going live

Cons:

• Some classes have IonCube encoding

Some may bawk and say it's expensive; I say it's cheap for the functionality, IMHO, and if you run this type of Marketplace site and require these types of features I would hope you have the revenue to justify this type of investment.

Merchantry

http://www.merchantry.com/

Pros:

• SaaS solution used by major players (think Amazon)
• Built for scale. Hundreds of thousands, millions of products
• Massive API

Cons:

• No fixed pricing. Sales team and estimates and haggling and lawyers (oh my)
• VC funded (series B May 2013)

we are the creator of webkul marketplace multi vendor module ( https://store.webkul.com/Magento-Marketplace.html )

• as in our extension all the vendors are customers initially and they turned to vendor when they have applied for that with a special flag of vendor so obviously store owner will be able to create vendor from admin

• extension does support this feature as well

• After the approval or auto approval of the product all the product added by vendor / seller , will be the part of global catalog , that means vendor product will work as it is as magento product .

• After the approval or auto approval of the product all the product added by vendor / seller will be the part of global catalog of magento so payment will work as it is as normal magento does . In this case marketplace module will support any payment method as all the payment will go to admin account and admin will manage the payment for sellers manually .
• ​Marketplace and Paypal adaptive module process

Admin process

• Admin need to register with paypal site for the application approval as described in the screenshot as well as in the doc right below even you can search in the blog with following heading "How to Set up Application for Paypal Adaptive Payment"

http://webkul.com/blog/magento-marketplace-paypal-adaptive-payment/

after the approval of the application from the paypal side , admin need to enter those information in the back -end of the store as described in the user guide above also i am attaching the screen-shot here as well

Commission Explanation ​ ​Commission will be deducted during the checkout as it will calculated with all the product in the cart and will be sent to admin during checkout.

​ ​Seller / vendor Process

• As you know in marketplace module whenever a seller / vendor register he / she needs to provide their "payment details " as well so after the paypal adaptive module installation they need to enter their paypal id as per the screenshot

so now lets see there are three vendors v1 v2 and v3 and their respective product are p1 p2 p3 as they are distinct vendor in this case they all need to have their paypal id associated with their account .

so when buyer will make the payment , then adaptive payment will split those payment among the seller using those paypal id of every seller . As described in the doc above also attaching the screenshot

​I hope i have clear all your doubts still have any issue please comment

PS - we are not self promoting our plugin or product , as user asked the questions specifically about our product that why i have added extension link with images and screenshot