Overview A website or mobile application that links buyers and sellers is known as an online marketplace. eBay, Craigslist, and Angie’s List were all launched in 1995 when the Internet was only beginning to gain popularity. Marketplaces on the Internet have come a long way and show no signs of slowing down. In this article, […]
Overview A website or mobile application that links buyers and sellers is known as an online marketplace. eBay, Craigslist, and Angie’s List were all launched in 1995 when the Internet was only beginning to gain popularity. Marketplaces on the Internet have come a long way and show no signs of slowing down. In this article, […]
Local online marketplaces offer a great way to sell items and make some money. They provide a marketplace platform for buyers and sellers to connect directly without needing a traditional retail store or a middle man business. Below, we’ve listed the nine best local online marketplaces anyone can use to buy and sell items. 1. […]
Are you thinking about how to start a marketplace online? Consumers are now spending close to 6 trillion dollars a year on marketplaces. Globally, this represents approximately half of all online sales. That’s a lot of money! There’s a good chance you bought, booked, or sold something on a marketplace platform without giving it much […]
This digital age has taught us many new tactics to stay ahead and minimize the competition. Marketplaces are no longer an unknown for companies due to the broad online market availability and colossal returns on investment. In addition, sellers are turning to online platforms rather than selling their products/services offline. In recent years, businesses have […]
The Internet has become an essential part of our lives now. Gone are those days when businesses were completely operated offline. When the internet got involved in our day-to-day activities, people started looking for products and services online. Businesses started shifting to online platforms and published ecommerce business websites. With the evolution of digital marketing, […]
You may be wondering, how can I build an online marketplace platform? Are you struggling with how even to get started? Or are you afraid of facing the obstacles of establishing a market from start to finish? If you are afraid and hesitant, it will help significantly to have a strategy to build an online […]
We are currently experiencing the boom of online marketplaces. With giants like Amazon, eBay, and Airbnb at the forefront, everyone is finding a way to capitalize on this market. The time is now for becoming a marketplace entrepreneur! But building a marketplace that will stand the test of time and other competitors requires having a […]
So, What is a Marketplace? An online marketplace is a website where products and services are sold by multiple third-party suppliers. The operator of the marketplace, the person who controls the site, is responsible for facilitating the transactions that occur through the online marketplace. This includes making payments to their suppliers and providing services through […]
Marketplaces have the power of creating a collaborative community, which is why they’ve become so popular among aspiring entrepreneurs. However, even with the right software, the budget, and the best intentions, many marketplaces will unfortunately fail. To create a successful marketplace, nothing is more important than brainstorming niche marketplace ideas. A unique and profitable niche […]
It’s no secret that Advertising is a powerful marketing tool for online businesses; it helps boost sales, drive more traffic and increase brand exposure. With our Sponsored Ads feature, you can provide these benefits to your vendors and/or service providers right on your marketplace! Our Sponsored Ads feature is a beneficial monetization strategy for both […]
How do you enhance your customer’s equity, loyalty, and engagement while simultaneously increasing your marketplace transaction value (the average amount a customer spends on your site)? Is that even possible, you may ask? With our Marketplace Addons Items feature, it totally is! At one point in our lives, we’ve likely fallen victim to the temptation […]
The age-old problem every marketplace owner laments is keeping payments inside your marketplace. Building a profitable online marketplace requires the right payment structure to form the foundation of how your platform functions. There is no standard payment structure for marketplaces, but the most valuable model is one where the marketplace owner owns the entire purchasing […]
How great does it feel when you find an app, website, or hack that makes your life easier? You can create that same satisfaction and convenience for your sellers by providing workflow tools in your marketplace that allows them to do their jobs more effectively with a Recurring Weekly Event Marketplace Calendar. Our Recurring Weekly […]
How do you solve the “chicken or the egg problem” when attracting users to your marketplace? Now that you’ve decided on an online marketplace niche, how do you start? I mean really, who is going to sign up first – your buyers or your sellers? You know your idea is great, but all you need […]
Web design is one of the most important aspects of your online presence. Help your Landing Page and brand stand out with our Looping Photos design upgrade! Have you ever noticed those rotating images on Amazon’s homepage during your (daily, weekly, monthly – we’re not judging) online shopping binge? Those are looping photos, also referred […]
Our Interactive Landing Page Map feature provides a visual of all the product vendors, service providers, or rental listings available to book on your marketplace. Content-rich features like this give visitors an instant, concrete piece of information about what type of products or services your marketplace has to offer. You’re essentially eliminating the step of […]
Did you hear that Facebook raked in 9.32 Billion in their second quarter of 2017!?! As a free social site, how can they do that? Simple, Ad Revenue. By offering their business users Boosted posts, Ads, Featured Products, and Sponsored Content, Facebook continues to be a global giant. Wouldn’t it be awesome to harness that […]
Let’s explain the importance of explainer videos, and how adding an explainer video can benefit your marketplace. Your landing page is the very first impression visitors will experience when visiting your marketplace and videos are an easy way to provide content and engage them right away! This feature allows you to add a video right […]
Feature creep (also known as scope creep or requirements creep) is the tendency for product features or project requirements to increase during development, beyond the original scope. These additions can increase the complexity in the functionality and or the design, making the product less user friendly and compromising its overall value. Avoiding feature creeping is […]
You no longer have to be a tech wiz in order to create a stunning marketplace website, that’s why we’re here! No matter what type of marketplace you’re looking to build, one of your first steps will be registering your domain and obtaining an SSL Certificate. So what are domain names and SSL certificates? If […]
Technology offers bountiful options for just about every part of life, especially when it comes to marketplace platform providers. As the client, you’re not only valued by our team because of your unique vision, but also a representation of what we can build together. As in any relationship or partnership, trust is key. So what […]
Applying for a merchant account can seem complex and intimidating, especially if it’s your first time. Braintree Payments evaluates you and your marketplace with the largest of magnifying glasses because they must assess and minimize their risk before entering into a partnership. Braintree supports a lot of large marketplaces like Airbnb and Upwork, and they’re […]
So what is a tagline and why is it so important? A tagline is a catchy, short description that summarizes the overall benefit of your brand. It should help the audience understand the bigger picture of your service or product and entice them enough to continue browsing through your website. Taglines are created and intended […]
The term “favicon” refers to a small, square icon (usually 16×16 pixels) that is associated with a particular website. Web browsers typically display favicons in three places: next to the URL in the address bar, the website’s name in a list of bookmarks, and the page title in browsers that have tabbed browsing. Favicons are […]
Just like the Marketplace we’re helping you create, Fiverr is also an online marketplace that offers tasks and services. Pricing begins at $5 per job performed, which is the main reason behind the catchy name. Fiverr is a one-stop-shop for outsourcing professionally created materials for your website. Fiverr is not associated with My Marketplace Builder, […]
In the course of starting your marketplace, registering your business name is crucial. Many of those reasons are highlighted below. The legal fine print and formalities can be daunting, but we’ll break down the “Doing Business As” (DBA) details as quick and painless as possible. What is a DBA? In the U.S., a DBA […]
Overview A website or mobile application that links buyers and sellers is known as an online marketplace. eBay, Craigslist, and Angie’s List were all launched in 1995 when the Internet was only beginning to gain popularity. Marketplaces on the Internet have come a long way and show no signs of slowing down. In this article, […]
