Online Marketplace Development in 100 Days
Types of Marketplaces
- Personal profile
- Search and filtering
- Favorites and wishlists
- Ratings and reviews
- Shopping cart
- Order management and history
- Marketing Tools
- Shipping Calculators
- Analytics and reports
- Products creation
- Bulk edit
- Notifications and messaging
- Price and discount management
- Tax calculation
- 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
Marketplace eCommerce Platforms
Improved website design for automotive marketplace to enable easy onboarding.
Integration of the Coinpayment system into an online marketplace, diversification of shipping methods for a wide range of products.
Setup of the order coordination system and dashboards for a multi-vendor marketplace.
Development of a two-sided marketplace where vendors are not administrators of their storefronts but owners granted with much more rights for management.
B2B marketplace with the ability for vendors to import products from other marketplaces quickly and easily.
How We Work
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.