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Showing posts from November, 2023

Essential Steps to Build an Online Marketplace Like eBay

Key Points Covered: Successful steps : Define your Marketplace  Design your Business Model Choose a Commission Model Asses Market Size  Develop a Great User Experience  Build Marketplace Functionality So, you are planning to build a marketplace website development company, right? Have you ever wondered how much money and time do you have to spend to build a performance centric marketplace development? If yes, you are at the right place.  As eBay has set a milestone in the niche of online purchases and acts as a big online selling platform, other entrepreneurs are definitely aspiring to build a website like eBay, Amazon, Etsy etc.  The successful eCommerce marketplace like eBay has shown a tendency towards profitable growth. According to Statista , eBay’s annual net revenue reached 10.8 billion U.S dollars in 2019. It is quite obvious that many such businesses aim to build such a marketplace from eBay's success strategy on how to build a leading marketplace websi...