Online Marketplace Development in 100 Days
Types of Marketplaces
Business to Business (B2B)
Start selling your goods and services immediately. Connect with other organizations and do business in one place by syncing your wholesale, payments, catalogs, order management, ERP and CRM systems.
Peer to Peer (P2P)
Focus on software development and growth of your P2P marketplace. Leave storage and delivery to the users and keep upgrading the platform with Simtech professionals.
Business to Consumer (B2C)
Attract your target audience with advanced marketing tools and increase conversion with elaborate customer journey maps and convenient checkout process.
Consumer to Consumer (C2C)
Give every user an opportunity to run their own online store. Make it easy for them to register and set up the storefront to present their goods.
Product Marketplace
Offer buyers an exceptional user experience, provide sellers with optimized catalog management. Easily control delivery and payment systems and scale your business effortlessly.
Service Marketplace
Build a platform for professionals to expose their skills. Let users search for services and offer them, engage with a reliable messaging system, and rate and review their experience.
Marketplace Features
For Customers
- Personal profile
- Search and filtering
- Favorites and wishlists
- Ratings and reviews
- Shopping cart
- Order management and history
For Vendors
- Marketing Tools
- Shipping Calculators
- Analytics and reports
- Products creation
- Bulk edit
- Notifications and messaging
- Price and discount management
- Tax calculation
For Admins
- Account management
- Vendor onboarding
- Vendor administration
- Category and listing management
- Offers and discounts management
- Payout management
Marketplace Development Services
Why Develop eCommerce Marketplace With Us
Technology Stack
Back-end
Front-end
Mobile
Databases
Integrations
Marketplace eCommerce Platforms
Infrastructure
Monitoring
DevOps
Featured Marketplaces
How We Work
Discovery phase
At first, we clarify the details and collect all the information related to the project: ideas, business goals, market analysis, examples of real products. For existing projects, we examine the store backend, settings, and customizations.
Architecture design
Next, we define all the requirements and features of the marketplace and build a list of necessary functionalities and modifications. As a result, the owner gets a description of all sections and a project road map indicating the stages and deadlines for the implementation.
UX Concept
With all requirements at hand our UI/X specialists start working on the look and feel of the platform and think out the best behavior models for the good user experience.
Development
Finally, developers begin to write and integrate the design. Project manager monitors the process at every stage and performs demonstrations of every completed step.
Test
Before the project is released, the QA team tests the functionality, checks the product compliance with the requirements, and makes sure that interface is intuitive and user-friendly.
Demonstration, deploy and support
The final version of the marketplace is demonstrated to you to check the performance. After deployment, we provide a 100-day warranty period with technical support.
Blog
Frequently Asked Questions
How do marketplaces work? What is a marketplace example?
A marketplace is an online platform that brings together vendors and buyers. Sellers display their products or services on the platform available for purchase. Buyers find the needed item, add it to the shopping cart and process to checkout. The marketplace integrated with payment gateways and shipping services allows customers to select the most convenient way of payment and delivery.
Popular examples of marketplaces are Amazon, AliExpress, and eBay.
How do I make a profit from the marketplace?
An owner of the multi-vendor marketplace acts as an intermediary between buyers and sellers. Here’s how you can make money: get a commission from every transaction made, charge sellers a fee for every ad posted, implement a subscription model, and charge users monthly or yearly fees.
How long does it take to develop a marketplace?
It takes about 2 months to develop an MVP — a minimum viable product. The first version of the marketplace will include the basic functionalities. It is enough to launch and test the platform with real users.
Generally, it takes around 2-6 months to finalize and release the project.
What features to include in a marketplace?
When answering this question, you should understand that any feature your marketplace has should be valuable for users and make their engagement with the platform more convenient. For starters, focus on the major functions every multi-vendor marketplace must have:
- Signup process
- Vendor dashboard
- Search and filtering
- Payment gateways
- Wishlist and shopping cart
- Analytics dashboard
- Messaging and reviews
How much does it cost to create a custom marketplace?
It is almost impossible to give an exact price. We encourage individual approach and estimate each project with its requirements and tasks on an individual basis. Development from scratch or based on an existing solution, integrations and customizations, and design are all factors to consider. If you already have an idea, don’t hesitate to book a call with us so we can estimate the project cost.
