How to start an online marketplace?
Online marketplace revenues are predicted to double by 2022.
Even more interesting: marketplaces are now one of the top priorities for investors.
So why wouldn’t you start one?
Then you’ll have a startup dilemma: 'What is the best way to build a marketplace?'
And here’s the worst and the most honest response: IT DEPENDS.
Basically, you have 2 main ways to build your own marketplace:
1.Custom marketplace development
2.Ready-made softwares
Naturally, each of them has its own pros and cons.
We made a blog post on their honest comparison and created a short quiz for you to choose your perfect way to your digital marketplace:
So, in your opinion, how does the way you build a marketplace influence fundraising?
I’d say, custom development is better if you plan to attract investment.
And it’s pretty clear why:
But of course it always depends
Guess, depends on the project
Mm,mostly on the goal. Ready solutions are very good if you are on a small budget in any kind of project