Innovation is constant at JungleWorks. Yelo scientists have figured out how to manipulate nearly unseen specks in the air and use them to create 3-D websites and apps in thin air! Yelo’s Product Manager, Prateek Jain, said the new technology is “printing something in space, just erasing it very quickly.” Why launch websites/apps in the […]
Read More20th September 2018
Measure Your Marketplace Success
Every marketplace has a vision of success, even ones that run for non-profit. You may have different versions for success. Hence, it becomes important that you keep a track of the growth of your marketplace. Every marketplace business has different key performance indicators (KPIs) depending on their specific goals. How important one KPI is over […]
Read More20th August 2018
Focussing on the most passionate users for your online marketplace
If you want a successful Marketplace business these days, it’s not enough to simply close the sale. You’ve got to help your customers fall in love with your business. Everyone today is talking of a customer-centered marketplace, but when you get down to it, not everyone is getting it right. Word of mouth for your […]
Read More20th July 2018
How to obtain the first set of customers for your online marketplace without paying for ads
In this article, We’ll look at a few simple marketing tactics for successfully getting the first few target customers to your online marketplace. You’ll see a great return when executed properly. Tap into existing marketplace platforms The key to running a successful partnership or integrations is finding someone who has the same target customers and […]
Read More20th June 2018
5 Hacks Guaranteed to Help You Survive Tough Times
It is no secret that building an online marketplace is not easy. The model works perfectly well at scale. However, getting to scale is the real game that gets challenging. If there are buyers but few sellers, the buyers leave. If there are no buyers, what will you convince sellers to sign on? If you […]
Read More15th May 2018
How to build an online marketplace as quickly as possible?
It seems like you want to build an online marketplace. Launching your business online is an amazing experience. Before continuing further we are assuming that you are very much clear with the following points:- a) Business Plan – The business model you want to push online whether its a single store or multiple aggregators b) […]
Read More15th May 2018
How to Build an Online marketplace: What Will and Won’t Work
Building an online marketplace is the toughest challenge. The marketplace business model is hot. The massive success of platforms like Uber, Airbnb, and Upwork in almost all parts of the world has proven that marketplaces will work for any business vertical. Some examples of successful marketplaces in the respective business verticals are listed below: Everything […]
Read More15th April 2018
4 Simple Ways To Generating New Online Marketplace Ideas
We are aware of the reasons why entrepreneurs and enterprises are moving towards online marketplaces. Once you have a solid marketplace idea, it is indeed simple to build an online marketplace. But the generation of good marketplace ideas is easier said than done. “The best ideas come as jokes. Make your thinking as funny as […]
Read More16th March 2018
5 ways to drive traffic to your brand new marketplace
In two-sided marketplaces, the problems faced by the owners are much more than a traditional e-commerce store. A marketplace is a platform that connects buyers and sellers. Given that both sellers and customers have to be on-boarded to be successful. This situation describes a typical “chicken and egg” problem as both sides are dependant on […]
Read More15th February 2018
How to get the pricing strategy right for your online marketplace
Pricing is one of the classic “4 Ps” of marketing (product, price, place, promotion) and one of the key elements of every B2C strategy. As an online marketplace entrepreneur, creating a pricing strategy is the most critical decision you will have to make. In this article, we will understand the process to create the right […]
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