Frequently Asked Questions :)
We strongly recommend to have a mobile app to all our customers for these reasons.
- A mobile app can easily increase your income by 20-60%
- By 2019 we will be able to consider 2 out of 3 persons as owners of smartphones.
Primary ROI: Membership Fees & Per transaction % share
Secondary options for ROI:
- Featured vendor: Payment for displaying at top of search results.
- Charge Vendor for displaying AR Content on platform
- Gamification- Discounts at specific businesses with High ticket value to boost platform %
- Google Adword registration- Per Ad display & Per ad click revenue
- Affiliate integration: Rakuten linkshare- Per product purchase commission
- Strategis partnership: Will be similar to featured vendor above.
For a global marketplace, Stripe or Paypal work best and for local regional marketplace, we recommend Payment Gateway most prominent or widely accepted in that region.
It completely depends on the business vertical that you are addressing. For big ticket product and service purchases, this refund is not advisable and for FMCG products and services, there can be a standard return and refund policy.
This depends on business use-case and budget availability. However, we strongly recommend common app where one user can have both, buying and selling capabilities. Requiring a vendor to download a second app to buy from your platform is not ideal. We can provide profile switch option with single login.