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Marketplace development - maximize the reach of your commerce

"Establishing a marketplace has become a prevalent strategy for sellers who want to expand their business., It is crucial to weigh the benefits of creating your marketplace and using established platforms."
Anna Wolanin
Anna Wolanin
eCommerce, Process automation
Free consultation

It is clear that sales platforms are the way forward for e-Commerce. Among all the available options, marketplaces take the lead as the preferred sales channel for consumers, making them a popular choice for suppliers and distributors.

Marketplaces offer entrepreneurs limitless opportunities to reach customers by showcasing their offerings in one place, regardless of the number of sales channels they already use.

For small businesses, it is also a possibility to establish brand recognition by distributing their offerings across a diverse range of platforms. The most crucial question is:

How should a business expand its e-commerce? Should they create their marketplace (like Mirakl platforms), integrate with other systems, or merely display products on well-known selling platforms?

The answer depends on the business's specifics and its online store's structure. We are here to assist you in choosing the perfect solution and customizing it to cater to your needs.

We provide marketplace development services, helping you to create and execute innovative online marketplaces. Our team equips your business with the means to estabilish personalized, secure, and scalable trading platforms through advanced tools. As a result, we harness tour enterprise's potential, samlessly connecting suppliers and customers within a unified digital environment. By engaging our marketplace development services, your business gains a competitive edge, enhances its e-commerce presence, and ensures customer satisfaction. 

Tell us about your company's needs

 

Marketplace Development- sales models

Our marketplace development services extend beyond technical implementation. We offer tailored e-commerce sales models that align with your goals, optimizing revenue generation and fostering growth. Those include:

B2C Marketplace
The model signifies a shift in contemporary commerce, wherein enterprises can directly offer their goods and services to individual consumers through a dedicated B2C marketplace platform. It enables them to estabish and cultivate their unique ecosystem effectively. Leading examples of this business model include well-know industry platforms such as Amazon, eBay, and Facebook.

The first one, for instance, started as an online bookstore and eventually evolved into a colossal B2C marketplace, ffering an extensive spectrum of merchandise. Similary, eBay introduced an innovative auction-style framework, facilitating the exchange of products between individuals and businesses. On the other hand, Facebook's Marketplace capitalizes on its substantial user base, enabling localized trading within distinct communities. 

B2B Marketplace
It operates as a virtual arena wherein numerous suppliers can exhibit their products and services to potential buyers. This B2B markeplace platform's scope can encompass a specialized industry or a diverse range of sectors, thus accommodating multifaced commercial activities.

Alibaba is an eminent illustration of such, serving as a global hub for wholesale transactions. It allows businesses to connect, negotiate terms, and faciliate transactions. This B2B marketplace platform also fosters cross-border trade and streamlines procurement processes, amplifying market reach. 

Direct e-Commerce
The Direct e-commerce approach confers considerable autonomy upon sellers in their e-commerce pursuits. That derives from their ability to independently manage and curate their digital retail platform, providing a self-managed infrastructure. Consequently, sellers can directly offer their products and services to B2B clients, bypassing intermediary channels. This approach is particularly advantageous for enterprises seeking to estabilish a personalized relationship with their client base and exert meticulous control over their brand image and customer interactions. It facilitates greater flexibility in customizing offerings to meet the unique needs of the customers, leading to increased customer engagement and loyalty. 

All these exemplify the dynamic evolution of business models in the digital era. By directly engaging customers or facilitating interactions beetween suppliers and buyers, they forde novel avenues for value creation, redefine the contours of commercial transactions, and underscore the ever-growing influence of technology in reshaping the contemporary business landscape. 
 

How to turn an online store into a Marketplace Development Platform?

Converting your ecommerce website into a marketplace development platform can be challenging. Still, it can also provide numerous advantages like expanding your product assortment, increasing your reach, and boosting your revenue. To achieve success, it is crucial to take into account various factors such as:

  1. Market Research: Before transforming your e-commerce into a marketplace, you must do some market research. Find out if there is a need for this type of platform in the industry, and assess the competition's success with offering marketplace development services. At Ideo Software, we start every project with a thorough analysis of the business needs.
     
  2. Business Plan: Develop a detailed business plan that addresses strategy, goals, revenue models, finance, operations, marketing, and management. Determine your core marketplace revenue, such as sales commissions, advertising fees, and merchant subscriptions.
     
  3. Technology: Choose the right technology platform that will allow you to grow your e-commerce business. You can customize many out-of-the-box solutions like Magento, Shopify, WooCommerce or Salesforce Commerce Cloud. At Ideo Software, we help you create a custom marketplace development platform aligned with all your business goals.
     
  4. Offer Expansion: Transform your existing e-commerce into an open marketplace development platform where other sellers can promote and sell their products. Provide tools to help them manage orders, payments, and shipping.
     
  5. Engage sellers: Identify potential sellers who might be interested in your marketplace. You can start with your existing e-commerce suppliers to expand their presence on your platform. Prepare attractive offers and show the benefits of joining your online marketplace development platform.
     
  6. Creating community: Build a community around your online marketplace development platform. You can create a forum, blog, or other communication tool that allows sellers and customers to interact. Additionally, organize marketing campaigns, contests, and other user engagement initiatives. If you do not know how to do it, please feel free to contact us.
     
  7. Security and trust: Set rules and standards for security, privacy, and trust on youre-commerce marketplace development platform. Build a positive image and credibility for your marketplace by implementing seller verification and customer review systems.
     
  8. Customer service: Provide quality customer service with tools for communication between customers and sellers, customer service, and resolution of any issues on the platform.
     
  9. Analysis and optimization: Regularly analyze data, reports and indicators related to your custom marketplace development platform. Track results, identify areas to improve, and adjust your strategies based on what you learn. Moving from e-commerce to a marketplace can be complex, but success is achievable with a solid plan and the appropriate resources. Doing so lets you, develop a customer marketplace develpment platform convenient for both sellers and customers.

 

Discover the secret to successful integration
 Marketplace - integration with Mirakl

Wondering how to integrate different systems into one marketplace?

Find out how we carried out integrations with Mirakl for Black Red White Group.


 

E-commerce platform vs Marketplace Development Platform– pros and cons

It is essential to consider several factors to determine the ideal model for your organization's business requirements. So, what are the advantages and disadvantages of each option?

Marketplace Development - which solution will better suit your business?

When deciding on a business solution, it is crucial to consider your company's strategic goals. Direct models typically require more resources for marketing, while marketplace platforms have lower entry costs and higher brand recognition, making reaching a much larger group of customers easier.

Marketplaces offer better customer acquisition opportunities and enhance the brand image but have greater competition and a price aggressive market. On the other hand, dedicated sales platforms demand more financial and time resources set up, but they provide greater flexibility and control over the customer journey. Ultimately, the choice depends on your short- and long-term business goals.


Learn more about the possibilities of marketplace platforms by clicking here.



Do you want to increase sales and attract new customers quickly and significantly? Do you aim to improve or establish your brand's image from scratch? Are you interested in optimizing costs in certain areas?

If any of these apply to you, advertising your products on marketplace platforms could be a secure and effective solution. The risk of entering such platforms is comparatively low. By collaborating with a marketplace, you can minimize risk and maximize visibility.

Alternatively, building your platform may be optimal if your aim to establish a strong market position and offer a one-of-a-kind, customised customer experience.

Direct e-commerce provides excellent opportunities for customer service and reduces competition risk. However, it does require a greater financial investment. Ultimately, the choice of distribution channel depends on the specific needs of your business.

Sales platforms – how do they integrate with other platforms?

When it comes to sales platforms, there are two options - creating a custom system or integrating with existing ones. The latter option is more convenient as it makes migrating and configuring data much easier.

Mirakl - SaaS-based software to create and manage your development marketplace. Integrating these platforms enables sellers to easily update their sales offers while enhancing the platform with advanced data management features.

That includes expanding their product catalogue, managing customer service more comprehensively, and ensuring product information security. As a result, business processes are accelerated, and introducing new products is made more intuitive, providing companies with a broader range of growth opportunities.

How to add products to marketplaces?

There are many tools available for integration with popular marketplace platforms. You can chose various integration tools, such as BaseLinker or Lengow. These tools allow you to configure and migrate your data toinfluential marketplaces like Amazon.

Once you integrate with one of these tools, your orders will be downloaded to their system and processed accordingly, including shipping packages, preparing invoices, and sending order status updates to your customers. Integrations can work in different directions, such as issuing ready-made offers or forwarding orders to your store.

You can import orders and manage your marketplace presence effectively with two-way integration. Division of integrated marketplaces according to Baselinker:

Integration can be achieved through different methods depending on the marketplace in question. To ensure a seamless purchase process and minimize the risk of errors, automation through the use of APIs or forwarding orders from the relevant file is typically used. This approach guarantees a high level of accuracy throughout the entire process.


Want to know more about marketplaces? Or are you looking for a ready-made solution? Write to us - we will adjust the solution to your business needs. 


Other Marketplace platforms

As a marketplac development company, we work with popular tools among our Clients such as Mirakl, Lengow and Baselinker. As a result, we can offer you proven and professional solutions that will meet your expectations. However, we also pride ourselves on our flexibility.

Our team of experienced marketplace developers can implement and integrate any platform you prefer, regardless of whether it is an innovative platform, an integration, or specialized software. We will conduct a thorough analysis, assist you with the implementation, and provide the technical support and guidance you need to ensure your platform functions efficiently.

Conclusions

Expanding your consumer reach and enhancing their shopping experience is crucial for any company. The key challenge lies in selecting the best communication method.

You can offer your products through your e-commerce site and marketplaces. In fact, larger companies can even establish themselves as an independent marketplace. Our team is ready to  provide you with the highest level of both software development and marketplace development services. We will assist you in designing and implementing the best approach to fit your needs and make you succeed.

Why you should choose us

  • We effectively support customer's growth

    Growth support

  • Ideo Agency - 250 experts onboard

    250 passionate experts

  • We work in SCRUM, Agile

    SCRUM / Agile

  • IT Outsourcing experience

    IT Outsourcing experience

  • Partners for life

    Partners for life

We know that the world is getting smaller, and regardless of the subject of cooperation our mutual contact is supposed to be smooth.

We have experience in this area too. If you need advice, contact us. Specialists with years of experience will answer your questions, providing accurate information and supporting you through the entire business develoment. For e-commerce enterprises, we are the key to success!

 

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IT Project Outsourcing

Services Tailored To Your Needs

In case of a temporarily increased demand for IT staff, hiring a suitable specialist for a short period would be challenging and not profitable. To help optimize the costs of running a business, we could offer you, among others:

Get a free quote

 
Even though fixed-price projects suit us best, our services can also realized based the following cooperation models:

  • Time and material

    Time and material

  • Dedicated Team

    Dedicated Team

  • Individual model

    Individual model

 

Enhance Your Projects

How can your business maintain a competitive edge in today’s constantly evolving technological environment? One solution is to invest in the IT project outsourcing that we provide. By engaging with our software development company, you can access a wealth of knowledge and expertise that would otherwise be unavailable.

You will save time and resources, focusing on other core aspects of your business operations while leaving the demanding IT tasks to our world-class professionals. With their assistance, you will, without a doubt, elevate your projects to the next level, easily outperforming your competitors.

 

Why Outsource With Us

Working with us brings your business to entirely new heights. For once, we boast a team of the best experts within the field of IT, which guarantees that you can expect nothing but the highest level of services regardless of the magnitude of each project. All tasks are performed with exceptional precision and attention to detail, 100% tailored to your business’s needs and requirements. Moreover, processes are meticulously automated, resulting in savings in both time and money. If or when any doubts arise, we are open to conversation, always willing to apply any modifications and adapt to the changing needs of our clients, rendering us the perfect partner for all businesses.  

 

The Power of Software Development - Our Rewards

As mentioned above, clients from all over the world rate our comprehensive approach to project implementation and business consulting, which is why Clutch has considered uss a leading eCommerce Software Development Team in Poland. That is, however, not all.

 

In our daily work, we help to develop our clients' businesses. Their trust and effective cooperation make us grow as well. In January, 2022, the new edition of the Forbes Diamond Award report was published and we were proud to be listed among the fastest-growing Polish enterprises in this prestigious report. And as we help to develop our clients' businesses by doing our utmost best, their thrust and cooperation mean a lot. Indeed, we will only continue to grow together!

 

Clients about us