Marketplaces - BrainCode

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Two-sided marketplaces

Online marketplaces are becoming some of the hottest startups in the industry. Marketplaces like Uber and Airbnb have reached multi billion dollar valuation.

Sharing economy as a whole is projected to grow from $15 billion in 2014 to $335 billion in 2025( PWC study)

However building a marketplace is one of the hardest businesses to crack as you have to satisfy both sides not just one.

We know Marketplace Challanges

Chicken and egg problem

Whether you should attrackt sellers or buyers first is always a dilema when you start with the marketpalce. One does not come without the other.

Network effects

Wholy grale of any marketplace development. Every new user makes the product more valuable to every other user. They are the best form of defensibility, and consequenctly value creation,

Transaction flow

As services are exchanged between the different sides of the marketplace designing frictionless transaction flow is crutial. Various aspects come into play from pricing to time to deliver.

Trust

Building trust between the users from the begining is essential to lower the concerns of both sides to use a marketplace.

We can help you with

Service marketplaces

Managed marketplaces

Saas-enabled marketplaces

See what marketplaces we have built already

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Read our thoughts on marketplaces

Anton Rogachevskyi18 AugHow to validate your marketplace business idea?

Over 6000 mobile apps were released via the Google Play Store every day in the first quarter of 2016. That’s over 6000 business ideas that came...

Anton Rogachevskyi21 SepWhich experts and features do you need for a marketplace MVP?

If you are an entrepreneur passionate about solving problems, how about solving two problems at once? A marketplace is a platform that brings together two (typically) or...

Anton Koval21 SepHow classifieds businesses can compete in the era of marketplaces?

In recent years Yelp, a crowd-sourced review forum for local businesses that started with restaurant reviews has experienced both rises and falls. Its story provides...

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