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How to Build an Online marketplace: What Will and Won’t Work.

Build An Online Marketplace

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: To […]

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4 Simple Ways To Generating New Online Marketplace Ideas

Build An Online Marketplace

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 […]

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Here is the total cost of building an online marketplace

Build An Online Marketplace

Many entrepreneurs face difficulty estimating the cost of building an online marketplace while chalking out the business plan. In many cases, incorrect estimation of the cost causes a delay in launching the business and sometimes to the rejection of the idea. The cost estimate for building an online marketplace can be accurately calculated after defining […]

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How to get the pricing strategy right for your online marketplace

Build An 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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4 steps to validate your marketplace idea

Build An Online Marketplace

The following article focuses on the importance of validating your marketplace idea and enlists a few steps to validate your marketplace idea. Why do 90% of startups fail? Industry experts attribute the failure to a lot of varied reasons. One of the major factors is a lack of validation of the marketplace idea. Validation of […]

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