Marketplace development is a complex multi-sided technical requirement. The success of Amazon, Airbnb, Etsy, and many other marketplaces points to the importance of aligning marketplace formats to transform your business. We not only take care of your technology needs but also help you develop your idea into a sustainable business, offering lots of practical advice and actionable ideas along the way.
Our Marketplace services deliver a complete solution like TaskRabbit App development for you, right from conceptualizing an idea to developing it and launching it. By following the zero-hiccup development methodology, we ensure that your journey is reliable, predictable, and transparent.
We offer an effective online marketplace app development service to companies ensuring that you get from an idea to revenue within 6 months. We have an expert crew dedicated to supporting and user experience that can help you with growth hacking, web scraping, product image editing, product catalog management, product data entry, product listing, product upload, SEO, and more.
Organizations are embracing marketplaces to deliver better and more suitable services to consumers. It is a tried and trusted method to create a brand’s importance and make the company scalable.
A typical marketplace model consists of buyers and sellers, with the platform as a means to connect both. Marketplaces do not generally own any supply, do not provide products or services directly, and (eventually) handle the money being exchanged. Simply put, a marketplace provides a platform where supply and demand efficiently find each other and transact successfully.
A marketplace has many moving parts, such as the user’s identity, the players’ reputation, payments, trust and safety, frictionless ness, and transparency.
A founder has to drive supply and demand and create opportunities that solve problems for both parties with efficiency, scalability, flexibility, and network effects.
Some of the major marketplaces in the world are:
Fig: Major marketplaces in the world
Marketplaces are hard to build. During the initial phase of a marketplace, there is neither supply nor demand available. At Mindbowser, we work with entrepreneurs to not only guide the technology but also build the right business strategy with the support of our marketplace development services. Launching a marketplace requires building the two sides of the platform. On one side, you have to onboard the customers, and on the other, the vendors.
Creating a marketplace needs a team of designers, front-end and back-end developers, DevOps experts, technical leads, a tester, and an Agile Scrum Manager. A full team of 5-7 people with a burn rate of approximately 20K USD monthly can launch an MVP in around 6 months. The exact cost and timeline may, of course, vary depending on the needs.
You can take help from a mobile app development company and create a marketplace platform. Hiring freelance developers and utilizing open-source software or generic site builders is also a possibility but comes with its own set of risks related to scalability, availability, and reliability.
A Design Sprint-like exercise can be done at the start to finalize the user experience and user flow and define priorities for the platform development phase. Also having a strong foundation built would mitigate the risk around scope creep, expectations, and delivery quality.
A marketplace allows vendors to bring out their products and services in front of their targeted customers. The multi-vendor platform can offer ample choices to the customer and high volume growth to vendors. The best part about marketplaces is the network effect. This means more buyers lead to more sellers, leading to more buyers, and so on, the cycle continues. Once such a system sets in, it becomes hard to compete and it creates a great advantage for a company.
Fig: How does a marketplace work?
We developed an on-demand mobile application that suggests premier deals and offers on apparel, restaurant, travel, automotive, and many more. The basic concept was to build a platform where users can enjoy unlimited deals in a single tab.
A US-based telemedicine startup wanted to develop a free, simple, and secure telemedicine solution that allows healthcare providers to offer care to their patients outside the clinical setting. With an accelerated development offering, Mindbowser delivered the required features within 21 days of engagement. This was a shot in the arm for the team’s release plans. Today the platform boasts of 100K+ Telehealth sessions weekly.
The Patient-Centric HIPAA Compliant telemedicine solution offers a web-based platform that requires no download or additional setup to get a Telehealth practice set up for a practitioner. The platform includes multiple-way group call features that allow the physicians to add interpreters and specialists to the virtual visit.
Shortlist is a web portal that combines technology and human screening to find outstanding talent for businesses. It provides organizations with top-qualified candidates based on the skills and attributes they demonstrate via in-depth performance analysis.
The company is a recognized global leader in the Learning & Development of talent and solutions. Organizations of all sizes, including Fortune 500 companies, partner with the company to support their learning initiatives of any size or scope in all locations, virtual or in person. The company has been in business for the last 25 years and has a team of in-house experts as well as a global talent pool.
Radhika Kotwal always had a vision about building a marketplace for artists.
Being a trained dancer herself, Radhika felt the gap in the market for a holistic one place for artists for events, jobs, gigs, training, networking and so on.
Radhika teamed up with Mindbowser and has launched the first version of the platform. The platform is matching opportunities to various artists throughout the globe.
According to the business need, we can design and develop intuitive, appealing and secure features for retailers, vendors, and buyers. Our online marketplace development services come with a holistic feature set not only covering the obvious features such as transactions and payments but also the fringe yet important features such as tracking, automation, reviews etc. Irrespective of the marketplace application type, marketplaces require multi-user roles and related features.
Fig: Anatomy of a marketplace platform
As a leading software development company, our consulting marketplace services offer features that help to streamline your business regardless of the process.
We totally understand the dilemma of choosing a great team! That’s why we have a simple yet predictable model that helps you at every stage of the process.
Fig: Stages of e-commerce development
Advanced technologies open up further opportunities in the marketplace ecosystem. Solutions in Machine Learning, AI, Predictive analysis, etc help create better experiences and data-backed decision-making. As a marketplace platform development company, we use these evolving technologies to help our customers succeed.
Mobile apps enable companies to create more opportunities for engagement with push updates, reminders, data-driven solutions, and even data collection. We help you build mobile applications that can accelerate process implementation.
Data Science helps you to analyze real-time data and process information to create a better and faster ecosystem. Using Data science we offer to build you data dashboards, scraping algorithms, and automation scripts to improve the data monitoring process.
Our product development offerings can transform your idea into reality and provide the required knowledge, expertise, and commitment. Our specialized domain hardware, software, and production engineers help at every stage of product development.
Cloud Computing can help you to create better availability and accessibility for your platform. Our Cloud offering helps you set the development pipeline, availability, and backup of the system.
Machine Learning can help you make use of the data to streamline the process, reduce errors and improve results. From recommendation systems to web scraping as well as predictions.
Robotic process automation acts as a toolset to accelerate the way businesses function, leaving tedious, repetitive, iterative tasks for bots and building opportunities for efficiently leveraging the workforce.
Experience in building highly scalable solutions in marketplace platforms
Complete in-house team with designers, developers, and testers
Understanding of GDPR, PCI etc compliances
UX led development approach resulting in user friendly products
Expertise available in Machine Learning, Data Science and Automation
Help you build a launch strategy for your marketplace app
Complementary dashboard to monitor logs, performance and security
One-click deployment process with automated code review
It depends on your situation. If you have the finances, writing programs from scratch is presumably the best method. Alternatively, employing the open-source solution, choosing a site builder, utilizing a no-code marketplace platform, creating a custom marketplace development with a group of no-code solutions, or building a marketplace on the lid of an API-enabled marketplace SaaS platform can be favorable. Foundationally, the steps remain the same- Start with an idea, design a prototype, test it, develop it and launch it.
It relies on your requirements and goals. According to the intermediate market costs, creating a marketplace app could follow a different track. Around 6 months’ time can be considered for MVP launch.
A B2B marketplace is a marketplace where both the buyers and sellers are businesses. Even Alibaba and Amazon have B2B aspects. B2B marketplace is not technically different from a conventional marketplace/ B2C marketplace. Hence the steps to building a B2B marketplace remain the same- Start with an idea, design a prototype, test it, develop it and launch it.
An MVP allows validating with the aimed audience. Unlike a completely-featured development that is made to serve all, MVP is a limited feature launch meant to test with real users with a mindset that post-launch changes would be required to improve the offering. A useful MVP should still be substantial enough to create value and not have any glitches. It should include only the significant features. The elements should be competent in solving the customers’ most critical issues.
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CEO, BuyNow WorldWide
If you want a team of great developers, I recommend them for the next project.
Founder, Teach Reach
Mindbowser built both iOS and Android apps for Mindworks, that have stood the test of time. 5 years later they still function quite beautifully. Their team always met their objectives and I'm very happy with the end result. Thank you!
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Mindbowser has delivered a much better quality product than our previous tech vendors. Our product is stable and passed Well Architected Framework Review from AWS.
The flexibility and capacity of the Mindbower staff has been impressive.
I am happy to share that we got USD 10k in cloud credits courtesy of our friends at Mindbowser. Thank you Pravin and Ayush, this means a lot to us.
Mindbowser is one of the reasons that our app is successful. These guys have been a great team.
Founder & CEO, MangoMirror
Kudos for all your hard work and diligence on the Telehealth platform project. You made it possible.
Mindbowser helped us build an awesome iOS app to bring balance to people’s lives.
They were a very responsive team! Extremely easy to communicate and work with!
Founder & CEO, TotTech
We’ve had very little-to-no hiccups at all—it’s been a really pleasurable experience.
Mindbowser was very helpful with explaining the development process and started quickly on the project.
Executive Director of Product Development, Innovation Lab
The greatest benefit we got from Mindbowser is the expertise. Their team has developed apps in all different industries with all types of social proofs.
Mindbowser is professional, efficient and thorough.
Very committed, they create beautiful apps and are very benevolent. They have brilliant Ideas.
Founder, S.T.A.R.S of Wellness
MindBowser was great; they listened to us a lot and helped us hone in on the actual idea of the app. They had put together fantastic wireframes for us.
Co-Founder, Flat Earth
Ayush was responsive and paired me with the best team member possible, to complete my complex vision and project. Could not be happier.
Founder, Child Life On Call
As a founder of a budding start-up, it has been a great experience working with Mindbower Inc under Ayush's leadership for our online digital platform design and development activity.
The team from Mindbowser stayed on task, asked the right questions, and completed the required tasks in a timely fashion! Strong work team!
CEO, SDOH2Health LLC
Mindbowser was easy to work with and hit the ground running, immediately feeling like part of our team.
CEO, Stealth Startup
Mindbowser was an excellent partner in developing my fitness app. They were patient, attentive, & understood my business needs. The end product exceeded my expectations. Thrilled to share it globally.
Mindbowser's expertise in tech, process & mobile development made them our choice for our app. The team was dedicated to the process & delivered high-quality features on time. They also gave valuable industry advice. Highly recommend them for app development...
We cannot express enough how pleased we are with the entire Mindbowser team. From our first call, they focused on our vision and ensured things were handled as per requirement. Communication was so easy and flexible to our schedule. I’m...
Founder, SafeZone Safety Systems