Best Online Marketplace Platform

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Best Online Marketplace Platform

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Best Online Marketplace Platform Create your own dynamic and robust website and mobile app with our user-friendly features. Build a feature-rich online marketplace platform that suits your business needs. Name the service and we provide the best in class B2B marketplace solution for all. Innovate, Create, And Deliver With Martpro We offer a highly customizable online marketplace builder solution that can be tailored to your needs. – PowerPoint PPT presentation

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Title: Best Online Marketplace Platform


1
Best Online Marketplace Platform
2
Innovate, Create, And Deliver With Martpro
  • We offer a highly customizable online marketplace
    builder solution that can be tailored to your
    needs.
  • What Is an Online Marketplace?
  • An online marketplace is an eCommerce
    portal where multiple vendors come on a common
    portal to sell products or services. This
    eCommerce model is also called the multi-vendor
    eCommerce website.
  • Different vendors/sellers register on the
    multi-vendor site where they upload, display, and
    sell their products or services. The sellers pay
    a commission to the marketplace.

3
Why Are Online Marketplaces Becoming Popular?
  • Recent market surveys suggest that multi-seller
    stores account for more than 50 of global online
    sales. Also, online marketplace sales grew by 20
    in 2018 to reach 1.8 trillion. These promising
    figures have tempted many entrepreneurs to adopt
    this business model over a regular online store. 
  • For starters, this is the in thing and customers
    are increasingly opting to shop online in
    multi-seller shops where they get more products
    at competitive prices. Secondly, it saves costs
    both for the business owner as well as the
    sellers. The owner doesnt have to maintain
    inventory and the sellers are free from the
    burden of taking care of the technical aspects.

4
What Type Of Online Marketplace Platform Are You
Aiming At?
  • The very first thing you need to do is to decide
    what kind of buy and sell platform you want. Is
    it supposed to be an online marketplace for
    sellers? A B2B, B2C, or P2P marketplace platform
    development? Are you wondering how to build a
    marketplace app, that is a cross-platform
    solution?
  • How can I monetize the project? What are the
    possible ways to earn money on it?
  • If youre targeting to build a shared economy app
    or B2B/B2C marketplace app, you might find the
    detailed steps to go in the article on launching
    a scalable online marketplace platform.

5
How To Build A Marketplace 4 Stages Of The
Development Process?
  • So, your idea seems to have real potential. It
    solves existing problems, there is a market for
    it, and even the possibility of earning money.
    However, dont hurry to approach investors yet.
    You first have to figure out how to launch a
    marketplace website.
  • Build a marketplace prototype and test the idea
  • Prepare the project documentation
  • Build a marketplace website MVP
  • Grow your online marketplace user base
  • How to attract sellers to your marketplace?

6
Where to find potential sellers?
  • Scan your competitors and subjacent services If
    a contractor is already using a marketplace, they
    are potentially open to similar offers as well.
  • Use search engines Look for active service
    providers in the region of your interest. Offer
    special conditions, such as subscription
    discounts or free access to premium features, to
    draw the attention of established businesses.
  • Use social networks Check out specific groups on
    Facebook, subscribe to industry-related hashtags,
    check reviews, etc. Along with finding a few
    potential users, youll have a handful of ideas
    about how to develop your marketplace further.

7
How to attract customers to your marketplace?
  • So, you managed to attract the first suppliers or
    contractors to your marketplace. Congratulations!
    But youre not done yet. No marketplace is
    successful without a base of loyal users. So
    think carefully about how you can increase
    customer awareness of your service. Here are a
    few ideas
  • Start your own blog or community
  • Take part in discussions
  • Create a landing page and advertise it
  • Look for brand ambassadors
  • Cost and Time of Marketplace Website Development

8
These are the main stages in marketplace
development and their approximate duration
  • UX and UI design of a marketplace app - 100-300
    hours
  • Frontend and backend development - 300-1000 hours
  • Quality assurance and bug fixing - 150-350 hours
  • When starting from scratch, your marketplace app
    development team should include 
  • A business analyst
  • Software developers (frontend and backend pros,
    or full-stack programmers)
  • A manual or automation QA engineer, depending on
    your project needs.

9
How to Choose a Marketplace Development Platform ?
  • How to create a perfect marketplace? To build a
    custom platform from scratch. In any other case,
    you will face certain restrictions and
    limitations. Before selecting the necessary
    platform, we recommend considering the following
    issues
  • Required Marketplace Functionality
  • Platform Functionality
  • Pricing

10
Why Does Your Business Need High-Quality Online
Marketplace Software?
  • A well-tested, flexible and scalable online
    marketplace software is the key to success for
    your multi-seller website. MartPro's
    customizable multi-vendor eCommerce platform has
    built successful marketplaces for a host of
    industry verticals and business models. Whatever
    be your business model we likely have a solution
    built for it already. All you need is to explore
    the feature-rich platform and see how easily you
    can tweak not only the frontend but the backend
    as well.

11
Contact Us
  • For more details, Pls visit our website
  • https//www.martpro.net/best-online-marketplace-pl
    atform
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