Want To Create A Marketplace Like Amazon?
A typical marketplace model consists of buyers and sellers with the platform acting 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 the supply and demand efficiently find each other and transact successfully.
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.
How Does A Marketplace Works?
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?
Check Out Our Successful Marketplace Platform Development Service Stories And How We Have Delighted Our Customers
We Built On-demand Services And Deals App For The Israeli Market
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.
We Helped Launch A Telemedicine Platform In 21 Days
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.
We Developed A Patient-Centric HIPAA Compliant Telehealth Platform
We helped a US-based healthcare startup to launch a telemedicine platform Our team built the complete telemedicine solution from scratch including design, architecture, development and DevOps.
Our BOT Model Helped A HR Tech Company To Build Their Technology
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. Mindbowser offered the Build-Operate-Transfer model which was exactly what the client was looking for.
$2M+ raised in funding
Setting Up A Marketplace
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
How Marketplace App Development Can Help Your Business
As a leading software development company, our consulting marketplace services offer features that help to streamline your business regardless of the process.
Run Your E-commerce Business With Confident
The administration panel is the interface managed by the platform owner to manage data and improve their business metrics (KPIs).
User Account Management
Super Admin can manage the user sign-up process, user profiles and respond to their activities
Category Management
Admin manages the different filter categories on the marketplace platform to deliver a better shipping experience
Control Center
Through this powerful browser-based panel admin can manage everything with one single click
Delivery Management
Check all the delivery person's activities like phone calls, messages, pickup and drop locations, and payment details
Feedback & Support
Admin is responsible for resolving and responding to the feedback and support requests from the both the sellers and the buyers
Offers & Discount Management
The marketplace admin can create and update or remove offers and discounts on its platform
Payment & Refunds Management
This feature allows the marketplace admin to check all the payment moods in one platform
Product Listing Management
The admin can allow or deny requests from sellers' listings. Also can do edits in the product description
Deliver Superior Online Shopping Experience
Sellers can see their product listings, the number of product views, number of orders, review & ratings, and complaints.
Social and Sign-up Login
Easily get started with a valid phone number, email ID or social login to deliver the services
Profile Listings
Sellers add detailed information about the product that helps the buyer to understand the product usage
Payment Management
This module benefits the seller to see the payment details, check the operator’s commission, and refund details
Feedback & Seller Support
A seller can append his feedback for the marketplace operator and also request for tech support
Product Management
Seller can manage all the product shipment, cancellation and return requests instantly
Offers & Discounts
Sellers update offers and discounts on their products to increase revenue
Notifications
The app notifies the seller of every activity that relevant to his inventory
Ratings & Reviews
A service provider can check the reviews and ratings of listing
Hassle Free Shopping With A Single Click
A buyer’s profile includes necessary information like favorite items, current, past orders, cart items, a payment method (cash or card), and settings.
Social & Sign-up Login
Easily get started with a valid phone number, email ID or social login to start shopping
Search & Filters
Users can search products in the search bar and use filters to get better results
Favorites & Wishlist
Buyer can mark their product as a favorite also they can create their product wishlist
Add To Cart
After selecting the product, a buyer can add a favorite product to the cart directly
Questions & Answers
Customers can raise their product queries anytime, anywhere
Order Cancel and Return
Anytime buyer can cancel or raise a return request through the application
Track Order History
After confirming the order, a buyer can track the product status of his shipment
Ratings & Reviews
Easily check the ratings and reviews for a product on the product page
Our Step-by-step Process Takes You From Idea To Launch
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
Technology Offerings From Mindbowser
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.
Mobility
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
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.
Product Development
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
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
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
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.
Choose Mindbowser To Enhance Your Marketplace Strategy
Technology Stack For Marketplaces
Mobile Development
Front-end
Back-end
Payments
Recommendations
Analytics
Marketing Automation
Infrastructure
Databases
Why Mindbowser For Marketplace Development Services?
At Mindbowser, we have been building marketplaces for 10+ years taking care of every aspect of the marketplace from idea to execution. Our Marketplace Development Services has helped numerous startups launch their ideas. Backed with a great design team and having competence in advanced technologies, we offer a 360-degree service to our customers.
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
Keep Reading
Read our blogs to Get in depth knowledge in marketplace development services.
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