Online Marketplace Agency

An online marketplace or a sales platform for products goes beyond a simple online store in terms of functionality and additionally offers the possibility to buy and sell items. An online marketplace is characterized by its high technical complexity and combines numerous functionalities. A marketplace should enable an exchange of information between users, as well as provide the necessary architecture for a two-way transfer of goods – both for buyers and sellers. Magento and Shopify are among the best options for technical development, as they offer high flexibility in designing the user experience, a range of tools for payment processing, the management of transactions and orders, and more. Advanced user profiles, sophisticated search features, interactive booking processes, messaging, reviews and comments, all the way to the option of setting up and customizing your own individual store on the platform, are some of the hallmarks of a successful marketplace.

Our agency supports you in every single step of the development of an online marketplace – from conception, planning, and development to market entry and market breakthrough. We build professional sales portals and have the necessary expertise for a successful market launch.

An online marketplace for services includes similar functionalities to an online marketplace for products such as Amazon or eBay. Online marketplaces for services are generally similar to online platforms, but they are more complex to create and require a high level of expertise from project managers and developers. They must also offer some specific functionalities that product platforms and marketplaces do not, such as booking systems for scheduling appointments, advanced matching functionalities based on geographic location, monthly payments, and more.

Developing a professional online marketplace for services requires thorough planning and specification of requirements. Our agency supports marketplace operators at every single step of your project – from conception, planning, and development to market entry. We create professional marketplaces for services and have the necessary expertise for a successful market launch.

Auction marketplaces like eBay allow direct exchange between buyers and sellers and also offer the possibility of placing bids. Auctions are very well suited for used products and are therefore popular with many people in different age groups. Monetization of this type of online marketplace is fair for the user, as the percentage fee is only charged in the event of a successful sale. This keeps customer satisfaction high with auction marketplaces, and their popularity continues to rise. There is a wide range of specific niches, making auction marketplaces a very good choice for new projects in this field.

A comparison marketplace is similar to a comparison platform. There are several categories, such as marketplaces for price comparisons or product comparisons. The goal of comparison marketplaces is to aggregate information and present it in a clear form, with the content already generated. Customers are often forwarded to an external source, and the operator receives a commission if a booking or purchase is successful. Thus, the risk for the operator is relatively low because they neither keep an inventory nor handle payments.