Ever since the Coronavirus Pandemic, the eCommerce industry is growing at an exponential rate.
According to a report published by Salesforce, the number of online shoppers is increased by 40%. The same report also revealed that the eCommerce revenue growth increased from 12% to 20% in just a year.
As a result, many small retail business owners are now forced to go online by launching their own eCommerce stores to reach customers.
However, taking your business online by launching an eCommerce store is just one part of the battle. The other part, and probably the more important one, is to manage your eCommerce store as effectively as possible.
Now, if you’re planning to take your business online by building an eCommerce store on Magento 2 platform, we’ve good news for you.
Managing Magento 2 store is fairly easy, especially if you integrate the right Magento 2 Extensions.
And in this post, we’ve curated a list of the 5 best Magento 2 administration extensions to effectively manage your eCommerce business.
5 Best Magento 2 Administration Extensions for eCommerce Businesses
The following list consists of top-curated Magento 2 administration extensions that will help you ace your customer experience and grow your business.
1 – Magento 2 Membership Subscription Extension
One of the best ways to keep your eCommerce business profitable is by offering membership packages on various products.
Magento 2 Membership Subscription Extension allows you to create a membership model on your online store and entice your customers to join the club by offering special product discounts, free delivery, members-only products, and early access to stock clearance products.
This functionality has proven to boost customer engagement, satisfaction, and overall online sales for many eCommerce stores in the market.
Key Features:
- Create unlimited membership packages
- View, add, edit and remove membership customers anytime
- Add unlimited promotion rules for membership customers
- Display featured membership packages on the listing page
- Auto-Renew using Braintree Credit Cards Payment Method
2 – Magento 2 RMA Extension
One of the main reasons why online shopping became popular in the first place is because of the comfort and convenience it provides for purchasing any product, receiving it at your doorstep, and returning it from the same place if required.
Unfortunately, the default Magento 2 return order functionality is not up to the mark that online shoppers demand from online stores nowadays.
However, you can most certainly improve the functionality as well as the order return experience for your customers by integrating the Magento 2 RMA Extension.
RMA, which stands for return merchandise authorization, is a system that allows online stores to manage the return of orders from customers in the most efficient way possible.
With Magento 2 RMA Extension, you can completely transform the return order process and manage product returns or exchange requests effortlessly in your online store.
Key Features:
- Allows customers to return a single item from the purchased products
- Allows admins to create a return order from the back-end
- Comes with two-way communication between customers & store owner
- Manage status, reasons, conditions, and resolutions of return requests
3 – Magento 2 Store Credit Extension
As we mentioned earlier, managing the return requests can turn out to be a nightmare if you’ve not upgraded your return order management functionality.
But, if you’re going to accept return requests and process refunds, it is directly going to affect your profits.
Fortunately, there is a way to secure the profits while allowing your customers to return the products at the same time.
Magento 2 Store Credit Extension allows you to settle the refunds in the form of in-store virtual credits. This, in turn, not only lets you secure the profits but also helps you gain credibility & boost customer loyalty.
Key Features:
- Customers earn credit on returns as well as other events
- Allows customers to spend their store credits for future purchases
- Customers can gift store credits to their friends
- History of transactions for credit usage
- Supports multi-currency
4 – Magento 2 Shipping Restrictions
Shipping is a crucial part of any eCommerce business, especially for B2C eCommerce brands.
Therefore, it is imperative to set up the right shipping strategies that not only provide a great shipping experience to your customers but also maximize the profitability of your store.
According to the Baymard Institute Report, more than 48% of customers abandon their shopping carts due to high shipping costs.
With Magento 2 Shipping Restrictions Extension, not only you can ensure a smooth shipping experience for your customers but also make the shipping process cost-effective in your Magento 2 store.
The extension basically allows you to restrict or hide certain shipping methods based on pre-defined products, custom attributes, or the shopping cart.
Key Features:
- Limit shipment options by payment methods
- Restrict shipping options by postcode
- Create a shipping restriction rule based on the billing information
- Restrict shipping dynamically on use of selected coupon
- Set shipping restrictions for specific days
5 – Magento 2 Payment Restrictions Extension
Just like shipping, payment methods play an equally important role in an eCommerce store.
And with the right payment strategy, you can drastically improve the ease of managing your online store by imposing certain payment restrictions based on pre-defined conditions.
And the best way to implement the payment restrictions functionality in Magento 2 stores is simply by integrating the Magento 2 Payment Restrictions Extension.
As the name suggests, the payment restrictions extension basically allows store owners to hide or restrict specific payment methods based on different conditions to ensure the best possible payment experience.
Key Features:
- Create unlimited payment restriction conditions
- Use cart rules id, billing address, customer groups in rule conditions
- Reduce risks and increase business opportunities
- Use customer attributes to hide/restrict specific payment methods
- Restrict payment methods for specific dates
Concluding Thoughts…
And there you go!
These are the 5 best Magento 2 Administration Extensions you can integrate into your store to effectively manage your eCommerce business.
We hope that you found this post helpful. If you have any questions regarding any of the Magento 2 Extensions mentioned in this post, please ask them in the comments below.
And if you need our professional assistance with Magento 2 Development Services, feel free to contact us at any time.
