Magento extensions allows one to create more customized and professional stores which suit their individual needs and deeds. Apart from this, it offers abundance to business and commerce. It offers full control over each aspect of e commerce applications. There are countless benefits that one can achieve through extensions. This article is aimed to highlight some of the basic benefits of using extensions and at on end of article. I have mentioned some of the prominent extensions which are used now a days.

Magento without any doubt has gained tremendous success as a professional eCommerce Application Development tool to create online shopping services. It has aided ease in shopping cart development with its unique and user friendly, but what if someone wants to add some more functionality or features in their e-commerce applications apart from what traditional magento offers. Well, here comes the entry of Magento extensions. They play a vital role in establishing successful Magento based shopping cart applications by extending the functionality.

• It helps to create more user friendly eCommerce applications which can understand the needs and deeds of user.
• Empowers you to handle and manage various ecommerce applications or stores from one control panel only.
• Enhance development speed. Each and every magento extension are created with intense of providing specific functionalities in the application, it means one can get relief from developing or creating some functionality from base as it will be provided by extension itself. So, it will save a lot time as well as speed up the development process.
• Helps you to reduce the overall budget of developing or creating some functionality from base as it will be provided by extension itself. So, it will save a lot of time as well as speed up the development process.
• Helps you to get effective SEO results.

Medma Marketplace will convert your Magento Store to Multi vendor Marketplace, which will have a separate vendor/seller section for their Products. It also has a reviews and feedback system.

Admin can set default ROLE for vendor from configuration. Separate section for Vendor Profile. Can upload Avatar for Vendor Profile page. Shows highest selling vendor product on vendor profile page. Shows vendor products collection on vendor profile page. Reviews with interactive star ratings and Feedback system on sold products of Vendors. Different commission rates for different vendors. Can create all different types that is supported by magento of products from Vendor Section. Admin can ask for Verification Proof from vendor while registration. Vendor can Import and update created by them only products in bulk.Vendor can export download exported product's csv automatically the products created by them. Admin is now able to see products list over a vendor list of products.

http://magento-development.medma.net/medma-magento2-marketplace.html