Questions

Results for: Marketplaces

Your absolute first step is to gauge interest. Without demand, you will end up wasting your time and resources building something nobody wants. Find a need, know it inside and out, then build the solution to that need. Don't just talk to you friends and family (they are biased). Talk to the re...

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Building an online marketplace like Etsy involves several key steps: first, define your niche and audience by identifying a market gap and conducting research to validate your idea. Next, choose a revenue model, plan your budget, and partner with a reputable IT vendor for development. Design a us...

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Not sure I understand the question fully, so perhaps let me try to answer this more generally. Generally speaking, err on whatever approach minimizes friction for your users (both buyers and sellers). If you have a two-sided marketplace where a seller lists something (e.g. a commercial space ava...

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Hello I am Veerendra Kooshna from Mauritius and has been writing articles on Facebook for some years now. My writing passion is appreciated by those who read my posts. Now, what is Clarity really about? As its name points out, it aims to clarify any doubts you may have on a subject. It's a platf...

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Hello - this is a classic Chicken-Egg question. First, you need to identify the specific need that the buyers and sellers are facing. Are there already marketplaces that do what you're suggesting? Do those marketplaces have weaknesses? Do they have massive brand awareness that would make it diff...

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This is a common problem. Here are some solutions (some more obvious and some less): 1. Make sure you hire skilled workers. This can be done by using service providers who you reached through recommendations (preferably from people that you know) and if you don't have any other choice: then base...

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Great Question! As per Allied Market Research, the fitness equipment market size was valued at $11.5 billion in 2019 and is projected to reach $15.2 billion by 2027. The COVID-19 outbreak has indeed shaken up the health and fitness industry in a way no one could have imagined a few years ago. T...

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Currently, there is no free or paid tool that can keep track of leads a vendor gets and automatically charge them. You will have to create it yourself if you have coding knowledge or hire someone with experience in tracking. Homeadvisors between $15 to $60 per lead which is an effective way of g...

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Two sided marketplaces are a very common type of MVP to build. Using no code (shopify, wordpress, bubble) can get you some traction and gets you some amount of painted doors (someone knocks on the door, but it's not real, at least you know how many people knocked). This can work for a month or ...

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