YITH WooCommerce Multi Vendor Premium is a new e-commerce platform idea that is becoming increasingly popular on the Internet, just think of websites like Etsy, Amazon, and Ali Express that are setting a new trend for online shopping.
This offers customers a greater number of products from different suppliers and, therefore, a wider selection. It allows suppliers (sellers) to register on your site, create a product, manage the sales of their products, making their profits and paying commissions. You sell your product yourself + your suppliers fill your store, from which you get your%.
If you have an e-commerce you might consider the possibility to make it a multi-vendor shop. Owners of multiple product vendor websites have the huge advantage of getting passive earnings because they earn a commission on each sale.