Marketplaces have been around for thousands of years. The basic premise of a marketplace is to bring lots of suppliers together with lots of customers for lots of different products and services to be sold in one location. The reason it works is that there are always niches to exploit, unmet needs to be uncovered and exploited, and space to test new and improved products.
In an era where most of the money is being made by marketplaces like Amazon, eBay, Alibaba, Uber, AirB&B and the like, we want to help entrepreneurs and corporates to quickly build and monetise their marketplaces through a sequence of MVPs and a quick build process.
There are always multiple approaches to building marketplaces, and most VCs will tell you they see dozens of startups every month, who want to build marketplaces from scratch. We find that most marketplaces are often quite similar in the scope of information and information flows, so it makes sense to use existing platforms and configure them to get to market quickly. Once the idea is validated, we can help you progressively migrate away towards a custom app, if it makes sense to do so.
So if you’re looking to launch a marketplace, talk to us about how we can help you get to market much quicker than you imagined!