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The web is a global digital marketplace, and to be successful in this competitive market, your business needs to be comparable to the best solutions out there.
The marketplace app development company to increase conversions and boost your online business COAX Software offers the skills, experience, and technology expertise of market-leading tech developers.
We assist our clients in the creation of all types of marketplaces, including B2B marketplaces, where different firms may sell and buy items and services from one another. Create the centralized marketplaces of the future, which will revolutionize the way businesses interact!
We offer complete B2C marketplace building services to ensure that your clients have the best possible shopping experience. Bring together company owners and customers in a single ecosystem and create a game-changing product!
For those looking to create the next Craigslist, Fiverr, or eBay, C2C marketplace app development is a great option. Allow your users to interact in any way they choose, and we'll handle the rest!
A social media marketplace sphere is more than just a platform for B2B, B2C, or C2C transactions. Businesses can use it to start direct-to-customer conversations while presenting their products and cultivating a loyal following. Create your own social media marketplace and set yourself out from the competition!
Comprehensive market analysis and buyer persona research
With our custom marketplace development services, we want to learn as much as we can about the needs of your product's target audience, as well as its current and potential competitors. This theoretical knowledge serves as a foundation for developing a powerful product that will undoubtedly gain market share.
Expertise in launching successful online marketplaces
We work with marketplaces all around the world, from ideation to agile development and several iterations, all the way to a successful launch and beyond. COAX-made marketplace mobile app development projects are available on app stores and are downloaded by users all over the world.
Marketing services
The purpose of our collaboration isn't to submit your marketplace projects to app stores. We provide sophisticated marketing services to raise product awareness among customers and reach a wide range of relevent audience. We ensure that the marketplace platform is functional and profitable.
Continuous support
We are willing to bear full responsibility for each software product created by the COAX Software group. As a result, when the product goes live, we don't say goodbye to our customers; instead, we provide complete assistance to swiftly resolve any difficulties that arise during active use of the application.
Your business processes needs a unique take on online marketplace app development, and we (re)define being unique in the way we serve. It's vital to research your competitors, evaluate their offers, and determine how you can differentiate yourself from them to bring your business idea to life.
To generate revenue, each custom marketplace solution needs a monetization strategy that is both efficient and democratic. It's crucial to choose the choice (or a combination of alternatives) that best matches your target demographic, whether it's a one-time payment, a monthly membership, or a percentage of each transaction.
A marketplace takes a down payment from a buyer and then provides it to the seller after the transaction is completed. As a consequence, the payment gateway should be able to escrow money, providing payment security and preventing fraud among marketplace app users.
Only until a marketplace program meets a genuine need for its users will it grow. You may avoid constructing a product that people detest by creating an MVP and exposing it to your audience early on. Customers gain from timely feedback since it helps service providers create an enticing sales channel and an easy buying platform for them.
The journey doesn't end with launching your final product. As an experienced marketplace development company, our technical team can continue to work on platform updates and improvements on a regular basis.
Online marketplace users demand platforms that offer convenience, good value for money, and a great shopping experience. As experts, we consider these must-have features for your marketplace app solutions:
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We examine your requirements and go through the Discovery Phase to effectively plan your product and discuss what advanced features will be needed to match your business needs.
A dedicated team for bug fixes and enhancements to existing functionalities. All of this is done to keep your product current.
Application and infrastructure support for applications that are already up and running.
A global travel agency that serves as a marketplace for re-selling hotel rooms reached out to COAX for turn-key development services. The client needed to build a powerful online platform that could deliver reservations to sellers and buyers in a way that ensured easy re-booking operations.
With 120 thousand monthly visitors (81% of which is organic search traffic), project tops the list of most trusted and influential antique marketplaces in Great Britain. Project specializes in selling antique furniture, jewelry, silver, ceramics, art, and much more.
The solution significantly improved the overall management of the construction company via time tracking and location tracking.
Driven Connect, a platform linking organizations with local transport providers, aimed to simplify coach and minibus booking service in the UK. COAX developed the MVP with key user roles and features in 5 months. Post-feedback, we added B2C flows & optimized booking and payments. This digital transformation attracted 400+ operators, improving value for buyers through a competitive tender process.
The perfect solutions and specific features depend on the scale and purpose of your app. Still, in every marketplace business model, you'll need features sellers and buyers. This includes listing, selling analytics, management dashboards, onboarding, payment gateways, data encryption, security, and the right conversion, marketing, and business operation features.
With over 10 years and 200+ projects in software development, COAX's agile team is made of experienced online marketplace developers. You can find our projects in our portfolio, or being officially used around the digital landscape.
From planning to execution and maintenance, our services are based on delivering high-quality products that bring value for your business and the users. We do this by going that extra mile for careful analysis of user-behavior, demands, and expectations. Our team of experts use the most advanced technologies to ensure your product stays ahead of the competition.
From B2B and B2C to C2C and Social media marketplaces, there's nothing our team can't do. Whether you want to launch an MVP or a fully-functional e-commerce platform, our custom marketplace services have a solution for everything.
Every business is different, and there's no one-size-fits-all in digital solutions app development. The cost depends on the scale of your project, features and quantity, the quantity of features, stack of technologies being used, range of integrations, and how advanced the functionality is.
If you're looking for a precise quote, schedule a meeting with our team to get a free estimate!
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Over the past year, COAX has been building over a dozen online marketplaces for clients. We have also counseled over a hundred aspiring entrepreneurs, advising them on the best approaches for building the marketplace that best fits their needs. This blog post is a short summary of the most relevant challenges and questions raised by entrepreneurs and CTOs just like you.
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