Ecommerce marketplace is one of the fastest growing industry and nothing seems to slow it down. Ecommerce stores are making human lives easier by allowing them to buy anything with a tap on smartphone, while ecommerce marketplaces are boosting retailer sale by allowing them to list their products for sale. According to survey by Flurry, shopping application category is faster growing compared to that with other categories of mobile application.
The emerging eCommerce mobile apps like Wish, Alibaba, FlipKart, Amazon Shopping are changing the face of retail and eCommerce industry.
Ecommerce marketplace falls into into the peer to peer (P2P) category, which includes online retail or online shopping. Following are some stats and projections for retail and ecommerce marketplace by Statista:
GEEK mobile application platform connects merchants and customers across the globe. There are numerous gadgets listed by various merchants. GEEK Mobile Application users can find products such as, automotives, drones, watches and more with 50-80% lower prices compared to that with average. Some products listed on GEEK are unique, which are hard to find across physical stores.
GEEK deducts some percentage of price for every product sale from mobile application and website. The reason behind the deduction is for exceptional service they provides to help customers with eCommerce processes.
Acquire lot of users to sign-up on platform, by allowing them to create free account, search products and buy them at affordable rates.
Allow retailers to list their products on platform for free. Charge commision on each sale. Additional charges to help seller increase user reachability.
Revenue from Google Adsense.
Let’s Nurture, being the leading web and mobile app development company guides you with the product, business model and market for mobility solution for retail business. An ideal marketplace is ideally found on both, iOS platform and Android Platform.
Most eCommerce marketplace apps like Wish, Alibaba and Flipkart have following features:
The cost of developing an eCommerce Gadget Marketplace app like GEEK would be in a region of $26000-$32000. The bifurcation of the cost and features is shown in the table below
|Users||Customer (App)||Retailer (App)||Admin (Web)|
|Browse Products||Manage Products||Manage Users (Customers)|
|Smart Filters and Search to find||Manage Business Profile||Manage Retailers|
|Shopping Cart||Manage Inventory||Manage Commission|
|Manage Orders||Manage Offers||Manage Shipping Rate|
|Payment Gateway||Manage Orders||Track All Transactions|
|Check Delivery Status||View Shipment Status||Manage Offers and Promo|
|Notification||Notification||Send Push Notification|
|My Profile and Settings||View Reviews and Ratings||Manage Client Support Request|
|Client Support System||Manage Settings||Track All Orders|
|Review and Ratings||Learn about System Updates||Manage FAQ, Terms and Policies|
|Cost of marketplace app like Geek||26-32k USD for Android and iOS applications(Buyer & Seller)+ Web admin for system owner|
|Users||Customer (App)||Retailer (Web+App)||Admin (Web)|
|Add on Features||View Products in 360 Degree||Upload 360 Degree Product Image||Verify Retailers|
|Compare Similar Products||Sales Summary Report||Manage Multi Currency rates|
Avail 360 Degree view of products on your marketplace with Let’s Nurture’s experienced mobile app developers, since feeling and touching is not possible online. Empower customer’s experience, gain the competitive edge and convey the quality of product.
Let’s Nurture builds chatbots that can be the icing to the cake. How? Chatbot speeds the process and brings the sales for your online marketplace business. Chatbot will help mobile application users buy products from your mobile application. Chatbot helps deliver unique marketplace experience to users.
Enable Google Home, Amazon Alexa, Apple Siri and Microsoft Cortana help your customers buy products from online marketplace store with voice command. Hire our experienced amazon alexa developer and google home developer to integrate to your mobile application to speed up sales and generate more revenue.
Before moving to features and functionality of the application, it is essential to learn about resources that will be needed to develop eCommerce marketplace like GEEK. The team should ideally be consisting of:
Let’s Nurture has extensive experience in developing numerous mobile apps and marketplace platforms for various industries.
Let’s Nurture provides custom marketplace web and mobile app development service to handle most industries. Be it marketplace for real estate property listings, a marketplace for gadgets, a marketplace for apparels or shoes or a marketplace for second hand furniture; you name it and we will deliver a robust and scalable solution.
Extensive experience in deploying numerous marketplace mobile apps
Creative and Purposeful iOS and Android App Development
Affordable Marketplace mobile app estimation
Optimised and Structured Coding Standards
Strategic Usability Testing
Free Deployment and Guaranteed Approval