Marketplace development: we create a successful business from scratch

Marketplace is a trading platform that provides interaction between buyers and sellers. Having created a marketplace, the owner receives constant income in the form of a commission from each transaction concluded on the platform. This is payment for the service provided to them, control over the integrity of operations, assistance to both parties. Creating a marketplace does not require special investments and the development of complex graphics. But to make a popular web resource that you want to bookmark and visit again and again, you need to approach the issue professionally.
Advantages of the marketplace

More than half of all online sales today are made through marketplaces. Shopping in them is more profitable than in online stores. Attractive marketplaces from the point of view of conducting business. Their main advantages:

 Consumer flow. Marketplaces combine goods of different categories from different suppliers. A large assortment of current offers attracts a large traffic of interested visitors.
 Fair prices. One product can be presented by several different sellers, which gives the buyer the opportunity to choose the most attractive price and terms of purchase.
 Confidence in the service. On the marketplace, you can familiarize yourself with reviews and ratings of sellers, study customer reviews.
 A living source of income. The site brings constant live income from transaction fees, it can be monetized through advertising and paid services.
 Economical business. Marketplace allows you to save on office and warehouse rent, does not require paying for delivery or staff work.
 Launch in a few days. Starting a business is only separated by the time required to create a website.
 Simple promotion. Marketplaces offer attractive trading and selling conditions. They are known and in demand on the Internet, easily promoted in search engines.

Marketplace development – ​​creating your own business with minimal investment. Compared to starting an offline or online store, a marketplace requires much less expenses and starts generating profits immediately after launch.
Features of creating a marketplace

Creating a marketplace is fundamentally different from an online store. A marketplace is a shopping center with various products and suppliers, while an online store can be compared to a boutique in a shopping center. Before ordering the development of a marketplace, we recommend that you study all the features and functions that the platform must perform:

 Design. The interface of the marketplace should be simple, so that even a novice entrepreneur can easily understand online trading on it, and buyers can quickly find the desired product and reviews. Sellers should be offered the opportunity to customize the design of their store by adding visual effects to their taste.
 Rating of sellers and products. The presence of a rating system allows visitors to be sure of the quality of goods, and for sellers it creates a fair competitive environment, forcing them to monitor the quality and relevance of prices.
 Payments. It is necessary to take care of the settlement system. When a seller offers several payment methods, including buying goods on credit or in installments, his sales increase, because his offer becomes attractive to a larger number of people.
 Single delivery. Integration of goods delivery services on the site allows you to develop a single order processing system.
 Communication between the seller and the buyer. The supplier must be able to quickly find out about new orders, the buyer - to clarify the information he needs. For these purposes, for example, a push notification system is suitable.
 B2B. If you want to create a project that brings high income, you cannot do without B2B trading tools.
 Analytics and promotion. Implementation of tools for analytics is not only additional monetization of the web resource. These tools help sellers to fight specific battles, track the results of their actions and better understand customers.
 Adaptability to all types of devices. Marketplaces and other stores must be adapted for mobile devices. Many have long preferred to make purchases from their phones at any time when it is convenient.

To create a marketplace, you will need a team of talented programmers, designers, testers, united by a professional manager. The cost of development is determined in accordance with the scale of the future project and its features.

The OnwardWeb company are professionals in creating and promoting websites. In our web studio, you can order a marketplace of any complexity.

The team of our web studio will create a site taking into account all the features and wishes. Our designers will develop original graphics, and programmers - an understandable control system. Combining our experience and your ideas, we will create a better platform for sales and announce it loudly on the Internet.