How to create a marketplace in 3 simple steps with Umiddle
B2C marketplaces are estimated to reach $3.5 trillion in sales by 2024. 47% of digital purchases worldwide happened via online marketplace platforms. Of that, 63% is performed via marketplaces. For the C2C market, we expecte to garner $2.8 billion by the end of 2032. And for the B2B ecommerce sales, they are projected to reach $1.8 trillion in 2023.
First step to create your marketplace
First of all, you have to choose which type you want:
1- Selling physical or digital products.
2- Classified ads site (with or without subscription).
3- Rental/reservation of goods or services.
4- Freelance website.
Second step to create your marketplace
Explore our library and choose the template that best aligns with your vision. Umiddle offers a library of dedicated WordPress templates for different types of marketplaces you want to create.
Third step to create your marketplace
The creation of your marketplace is done ! Now, your platform is online. In this final step, you will take control of your marketplace by setting the essential features you need to ensure it meets your users’ expectations.
STEP 1
Choose your marketplace type
Whether to create a Marketplace selling physical or digital products like Amazon, a classified ads site with or without subscription like Craigslist, a Marketplace for rental/reservation of goods or services (online booking site) like Airbnb, or a Freelance website like OfferUp or Fiverr, we can do it for you. Juste pick your ideal marketplace and we handle of its creation.
Marketplace Selling
Marketplace selling physical or digital products is an online platform acts as an intermediary, connecting sellers with potential buyers. This type of marketplace can cover various categories, such as electronics, fashion, home goods, professional services, and much more. Remind that 47% of digital purchases worldwide happened via online marketplace platforms and 40% of adults with an annual household income of over $75,000 use the internet “almost constantly.”
Classified Ads
Classified ads web site is a platform where individuals or businesses can post advertisements to buy, sell, or trade various items or services. It typically covers a wide range of categories, such as real estate, vehicles, jobs, electronics, and personal services. The online classified AD platform market size is estimated to grow at a CAGR (compound annual growth rate) of 10.7% between 2023 and 2027. The market size is forecast to increase by $23 billion in 2027.
Rental / Booking
Marketplace for booking (online booking site) enables users to reserve goods or services in advance. It caters to industries such as travel, hospitality, events, dining, and various other service-oriented sectors. Users can browse through available options, check availability, select desired dates or times, and make reservations through the platform. The rental and booking marketplaces are expected to reach billions in the few next years. For exemple, by 2027, the number of users in the Vacation Rentals market will reach approximately 62.99 million and the projected market size will be about $20.57 billion.
Freelance
Freelance marketplace provides a space for freelancers to showcase their skills, expertise, and portfolios while allowing clients to post job requirements and find suitable candidates for their projects. Common categories include graphic design, writing, programming, marketing. The freelance platforms market is expected to reach $11.70 billion in 2027 at a CAGR (compound annual growth rate) of 16.01%.
STEP 2
Choose Your Template
Once you've got a clear idea of your marketplace, the next step is setting up your website. Umiddle offers a library of dedicated WordPress templates designed specifically for different types of marketplaces. Whether you're looking to foster B2B connections or establish a thriving C2C community, we have a template for you. Explore our library and choose the template that best aligns with your vision.
STEP 3
Launch your marketplace
With your marketplace creating, it's time to take control of your online platform. Umiddle provides a user-friendly admin interface that allows you to manage your marketplace effectively. This interface is deployed as soon as your website is set up, equipping you with the essential features you need to start operating your marketplace. Even after the deployment of your marketplace, you can pursue the optimization to ensure it meets your users' expectations. Whether you need to add new features, your CSM will be there to guide you every step of the way.
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Final Thoughts
Create your marketplace vision with our unique features
Running a successful marketplace involves intricate and detailed management. With Umiddle SaaS solution, we're putting the power back in your hands. Our features are designed to give you control over every aspect of your marketplace, from user interfaces to product spaces, shopping carts, and even commission management. Each tool is crafted to simplify the administrative process and provide you with the flexibility to shape your marketplace exactly the way you envision it. Dive in and explore how our features can revolutionize the way you manage and configure your marketplace.
Create a marketplace: Why choose Umiddle ?
Discover the power of Umiddle by yourself
Start your e-commerce journey with our 14-day free trial. Discover how Umiddle can transform your online business, with no obligation. With Umiddle, you have complete control: customize your marketplace, invite your sellers, create your own rules. See for yourself why Umiddle is the best marketplace solution for your project.
Marketplaces around the world have trusted Umiddle to provide a secure, easy-to-use and intuitive platform for their sellers and buyers. Our satisfied customers and their testimonials are the best reflection of the quality of our services.
Our clients say about us:
“Really satisfied with this service, which required custom development of complex functionalities. We continue to work with Umiddle for our future developments.”
“Umiddle is a team that listened to our needs and turned our ideas into a concrete project.”
“Great job on the dev side but also on the webmarketing support (SEO, Adwords, Facebook… etc). I recommend them!”
“Your goal is our goal: to make your customers happy.”
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