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How to Create a Marketplace App that can take over the E-Commerce Market
Manage episode 312296867 series 3232180
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You want to start your own marketplace business but afraid of people will use your app or not? And you want to know how to build an app for Marketplace. Or you are confused between an eCommerce business or Marketplace business. Or you are just looking for information on how to create marketplace app. Well, this podcast is going to be your guide.
A marketplace business is basically an online platform where different vendors can sell the same range of products. And buyers get the option to select from the different vendors. A marketplace business owner just acts as a mediator and does not own the services and products provided. All the prices are fixed by the vendors and the marketplace platform owner gets their commission in it for example- Amazon, Flipkart, etc.
There are several other ways by which a business owner can monetize a marketplace app.On the other hand, in the E-commerce market, the platform is a virtual store of a specific brand. Products and services provided here belong only to the company that owns the application. And the prices are fixed by the brand itself for example Zara, H&M, Pepperfry, etc.
Want to know how much it costs to build an app? You can use our app cost calculator to check the rates. Moreover; our marketplace app developer is always here to support you. Get in touch with us to kick start the success journey of your marketplace business idea.
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