This immense increase in audience range boosts their sales and revenue by far!

Hence, professionals from all fields of work who want to showcase their products/services to millions of potential customers and offer a seamless shopping experience to customers, turn to B2C online marketplaces.

But when it comes to building a successful B2C marketplace that simultaneously fills in a gap in the market and promotes trust between all parties, many entrepreneurs don’t know where to start.

It takes a strategic approach, a deep understanding of your customer’s needs and preferences, and a commitment to providing a high-quality shopping experience.

So, if you’re ready to explore the world of B2C marketplaces and, most importantly, how to build one, you’ve come to the right place.

What is a B2C marketplace?

To put it simply, B2C is the abbreviation of the business-to-consumer marketplace and represents an online platform that connects businesses that sell products or services directly to consumers.

By using such platforms, consumers can easily browse, compare, and purchase products or services from a variety of sellers all in one place.

I bet you are already familiar with B2C online marketplaces like Amazon, eBay, or Etsy.

But there are also niche service marketplaces that have specialized in a particular service that’s in demand but customers struggle to find it.

The goal is to provide a place for consumers to find what they are looking for as easily as possible. The narrower the niche is, the better the quality of the services should be.

B2C marketplaces can also be a great way for small businesses to reach a wider audience and increase sales. For instance, some people are extremely experienced in their field of work and they freelance online but they don’t get enough exposure.

To convince you even more why building a service platform is such a great idea, we’ll look at the benefits for both customers and sellers in the next paragraph.

Why build a B2C service marketplace?

As we already mentioned, B2C marketplaces provide access to a large and diverse customer base.

Professionals that would like to enjoy the benefits of freelancing might struggle to reach so many people otherwise. Especially if they are just getting started.

Additionally, B2C marketplaces often handle logistics, payment processing, and customer service, which reduces the administrative burden for businesses.

By doing so, service providers are encouraged to put their entire efforts toward excellent customer service.

As for the consumers, B2C marketplaces offer a convenient and efficient way to shop for a wide range of products from different sellers all in one place.

The interactions and transactions between both parties are extremely simplified and made more transparent.

For instance, depending on the B2C business models, there might be fees or subscription plans for more advanced features. The emphasis is put on letting both customers and sellers know where their money goes.

Also, many B2C online marketplaces offer features like customer reviews, ratings, and recommendations from previous customers. This type of transparency is another good sign that the service providers are trustworthy.

Overall, “convenience is the major factor driving the growth of the overall online shopping industry” as a B2C e-commerce report states.

Pro tip

Wondering what your B2C service marketplace will look like? Play with our interactive demo and find out!

Play with 3veta

B2C service marketplace vs B2B service marketplace

B2B (business-to-business) marketplaces are niche service marketplaces designed for businesses that offer solutions to other businesses.

These marketplaces are typically focused on specific industries or niches and offer products and services that are geared toward businesses rather than individual consumers.

Examples of B2B marketplaces include Alibaba, ThomasNet, and Gooten.

The target audience is the key difference between B2C and B2B marketplaces and it makes all other aspects and features differ as well.

B2C marketplaces are focused on tailoring their listings to meet the demands of individual consumers, while B2B marketplaces are geared toward the needs of businesses.

In terms of functionality, B2B marketplaces often have more complex and sophisticated features than B2C marketplaces.

For example, B2B service marketplaces are usually offering the services of the best professionals in the respective industry as good expertise is the number one priority.

Let’s say your business is looking for finance consultants, B2B consulting marketplaces will allow you to browse through a vast talent base and pick the best fit for your company’s needs.

Also, depending on the size of your organization you may benefit from custom pricing based on the scope of your specific business needs.

B2B marketplaces also provide both service providers and seekers with industry-specific tools and resources that facilitate the working process.

How to build a B2C service marketplace?

With the emergence of the no-code movement, it has become easier than ever to create a marketplace.

No-code solutions like 3veta offer you the possibility of building a scalable marketplace from scratch.

The idea of paying a ton of money to hire a tech team to do the work for you is in the past.

Of course, some no-code solutions have faults. They don’t display your branding properly or they don’t include all of the features your marketplace might need.

However, we strive to provide you with everything you need in one place.

We’ve got a variety of modules ranging from HD video conferencing and seamless scheduling/booking for your consultation sessions to secure payments via Stripe and marketplace analytics to follow your progress.

Our marketplace builder incorporates all marketplace features you may need and provides frequent updates and website maintenance.

All you have to do is give us some basic information about your business and we’ll build a service platform for you.

Also, make sure to design a breathtaking logo because we’re white-label, hence, we’ll be showcasing your marketplace branding everywhere.

Want to know how things happen?

1. Check out what we have to offer.
2. Get in touch with us and tell us more about you.
3. Tell us which features you’d like to have.
4. Give us a few DNS records & your branding.
5. Wait around 5 business days.
6. Your marketplace is ready to be used!

Ready to build a service platform?

In this article, our goal was to provide useful information to entrepreneurs that are just starting as well as to those who already know what they want to do.

Hopefully, we managed to provide you with some clarity either way.

If you’ve already figured out your business plan and you’re ready to start your B2C service marketplace, let’s do it together.

But if you’re still in the very beginning and you need more inspiration, check out our suggestions for 6 promising service marketplaces.

The post B2C Marketplace – A Complete Guide to Building a Strong Business appeared first on 3veta.

From home trade and repairs to coaching and tutoring lessons, marketplaces have found their place within almost every industry. As a marketplace owner, your task is to find the most promising niche and start building your business.

You may have certain preconceived ideas that to create a marketplace website you must have programming skills and a lot of savings since it will be expensive.

In fact, a custom-made marketplace can be done without any of these scary misconceptions.

How? Read along!

Can I create a marketplace?

You can! No matter if you’re a top-tier programmer or a computer-work-on-magic believer.

Your tech skills are somewhat irrelevant since there are online marketplace solutions (like 3veta) that do all the programming (a.k.a. the magic) instead of you!

No-code solutions are extremely convenient, as HBR states, because you don’t have to sit the whole day, weeks in a roll, trying to figure out why the code is not working and being frustrated that your website is not that functional.

Instead, you can choose from a list of modules offered by the no-code marketplace builder that will compile a bunch of template codes to build your custom-made marketplace!

In the meantime, you can focus on developing your idea, figuring out the details, and planning the next steps.

Of course, all the basics such as figuring out the niche, finding your target audience, and choosing the right business model have to be taken care of in advance.

But once your initial idea is realized and undergone successful MVP testing, you can focus on recruiting more professionals to join your platform, getting insights from marketplace analytics, and investing in better marketing.

You might also want to know what you should be wary of so let’s dive deeper into the possible shortcomings.

Pro tip

Wondering what your service marketplace will look like? Play with our interactive demo and find out!

Play with 3veta

7 challenges for marketplace entrepreneurs

Now, there are many difficulties that entrepreneur newbies inevitably face. We’ll cover the basics in regard to professional services marketplaces.

Here are 7 of the most common challenges that you have to take into account when starting your marketplace business.

Product/market fit

Achieving a good product-market fit would require extensive research into your target audience and their needs to develop and deliver a product that satisfies their expectations.

Product-market fit is a critical concept for any start-up or business, as it is often the key determinant of success.

Why? Because it proves that there is a blank spot in the market niche of your choice and your business idea can fill it up. Meaning that people will be willing to pay for your services!

Budget

When starting from scratch every custom marketplace entrepreneur should keep one thing in mind – marketplace development is extremely expensive unless you find a no-code solution.

Of course, no-code has its own downsides but when compared to the benefits, they turn out to be outnumbered, outweigh, surpassed, overshadowed… You get the idea.

It’s cheaper, it’s faster, it’s waaay easier and you can spend your budget on advertising that would spread the word about your product.

Technical expertise

If you don’t use an online marketplace builder, you’d have to either code everything from scratch yourself or hire a team of devs to do it for you.

But, again, why would you prefer to give thousands of hundreds of dollars for months to build a website that could be ready to use in 3 to 5 business days?

And, after it’s done, the online marketplace builder you’ve used will be responsible for software updates and general maintenance.

User experience

Especially in the beginning, your number one priority should be to improve the UX of your platform.

By improving your services, you ensure customer and seller retention in the marketplace and you show that you value feedback.

At first, your custom marketplace won’t be perfect and won’t be the most optimal version of itself. That happens over time. But the road towards achieving ideal performance goes through trial and error.

And to see what works and what doesn’t, you need marketplace analytics that will show you in charts and diagrams different aspects of your performance and user engagement.

Inflexible user flows

Adam Fard explains what user flows are in a couple of simple sentences:

“A user flow is a path users take to complete a certain task. This path includes the journey from the entry (like login) to the task completion (like creating a profile).”

The issue is that oftentimes, the user’s journey through a digital product or service is restricted or limited by predetermined, rigid pathways. This means that the user has little or no ability to deviate from the pre-determined sequence of actions that the designer or developer has created for them.

This could be frustrating for users, particularly if they need to perform tasks that require flexibility or creativity.

To avoid such poor user experience and reduced engagement, one should strive to create user journeys that are intuitive and easy to navigate, while also allowing for flexibility and personalization.

Low scalability

Low scalability is when the system supporting your business is limited in its ability to accommodate growth and may start to experience performance issues or other problems as the workload grows.

For example, if your website was designed to handle a few hundred users per day, it may start to experience performance issues as the user base grows to thousands or tens of thousands.

That’s why our online marketplace builder supports continuous backups and system updates such as software and feature add-ons.

Limited features

Depending on the type of custom marketplace you’re running – business-to-business, business-to-customer, or peer-to-peer, your platform would require specific features.

Many online marketplace solutions offer the most basic service marketplace features but some fail to deliver the full spectrum of modules.

It’s not simply about creating a website that allows sellers to list their services and customers to browse through all listings. It’s also about payments, personalization (Is your branding properly displayed?), video conferencing and scheduling, as well as marketplace analytics.

You may think that these features could be delivered by third-party software and you’re right. But isn’t it the whole point to have everything you and your clients need in one place?

What is the best customizable marketplace software?

As we said, there are many online marketplace solutions on the market. Each one has its own pros and cons and it may take a while to go over all of them. But we have a word limit to comply with.

So, instead of talking about others, we’ll do what we know best – we’ll explain how 3veta can help you on your journey as a custom marketplace owner.

We define ourselves as a white-label no-code marketplace builder. Sounds complicated, I know. But you’re already familiar with the term no-code.

White-label means that we don’t insist on replacing your logo with ours, in fact, we prefer it to be the other way around. Also, we encourage personalization; let’s use your brand colors when we build the website.

Our initial services were entirely dedicated to video conferencing and scheduling so we’ve got you covered there as well.

But you can choose whatever features you’d like from our list of modules and if something isn’t in there yet we can definitely talk about it.

We also don’t like to procrastinate, you can have your custom marketplace up and running in less than a week.

Is that all?

For this piece of writing, yes.

We’ve tried to encourage you to believe in your capabilities to build a custom marketplace yourself without going bankrupt.

We also did our best to warn you about the possible difficulties you may encounter.

And we also gave you a solution to those challenges – 3veta, the online marketplace builder.

Feeling intrigued? We’d love to hear more about your idea!

The post Custom Marketplace – How to Build a Customized Service Platform? appeared first on 3veta.

No-code platforms like Bubble aim to address these issues as they empower businesses to create apps without needing a team of developers.

According to Kissflow, 70% of new business apps and platforms will use low or no-code technologies by 2025.

So, if you are about to start your marketplace platform any time soon, you are in the right place at the right time.

In this blog post, we’ll explore some of the best bubble templates to use to build your service marketplace.

What are Bubble templates?

Bubble templates are pre-designed pages (or elements) that are built to provide basic functionalities to users.

These templates can be easily customized, allowing business owners to quickly create online platforms that meet their specific needs.

People use Bubble templates for a variety of reasons.

• Prototyping: Bubble templates allow businesses to rapidly develop functional prototypes that can be tested and refined before moving on to full-scale development.
• Building MVPs: Bubble templates can be used to easily build an MVP, allowing businesses to test their ideas and get feedback from users before investing in full-scale development.
• Saving money: By using Bubble templates, businesses can save money on development costs while still creating customized applications that meet their needs.
• Speeding up the development process: Bubble templates provide pre-built solutions that businesses can customize to meet particular needs, significantly reducing the time required to build an application from scratch.

The best Bubble templates for marketplaces

From simple one-page forms to more complex platforms and applications, Bubble templates are becoming a popular no-code choice among developers and entrepreneurs.

However, with such a wide range of templates available, it can be hard to pick the right one. 

That’s why we’ve compiled a list of some of the best Bubble templates for marketplace platforms for the most popular industries at the moment.

Let’s dig in!

For coaching marketplaces: Mentorlist

Mentorlist is a ready-to-use coaching marketplace template that allows users to arrange online and offline coaching sessions.

It comes with a range of handy service marketplace features that allow both coaches and customers to meet and work together.

Users can search coaches by name, location, service, experience, etc, and see a filtered list of coaches based on their search.

Coaches, on the other hand, can easily publish and edit their listings and get booked for 1:1 or group meetings. Furthermore, they can set their price, availability, meeting duration, and preferred places to meet (online or offline).

The standard license cost is $427 (for your own use) and goes up to $1000 if you want to use it to build multiple applications.

The takeaway: Mentorlist is a solid Bubble template and based on all the positive reviews, it’s the best coaching marketplace template you can find.

Pro tip

Wondering what your no-code marketplace will look like? Play with 3veta and find out!

Play with 3veta

For consulting marketplaces: WGD Consultant Marketplace

WGD Consultant Marketplace is a Bubble template you can use to build a consulting marketplace.

It allows users to register as a consultant offering a diverse range of services or to search for one depending on their needs and criteria.

Consultants need to register before they list their services and once done they can get booked for the services they offer.

The template provides consultants with an intuitive onboarding process and easy listing creation features.

It costs $59 for a standard license and $249 for a developer one making it a very reasonably priced template for building a consulting marketplace.

The takeaway: WGD Consultant Marketplace is a great template for consultant marketplaces to easily arrange bookings and meetings.

For tutoring marketplaces: Tutor Marketplace

Tutor Marketplace is a fully-fledged template that equips you with all the features you need to build an online tutoring marketplace.

This Bubble template is a fully functioning web application and makes it possible to launch your tutoring platform within a day.

Some of the main features are a payment system, messaging, an admin dashboard, frictionless onboarding flow, and customer support.

Moreover, this template is fully responsive and comes with extensive documentation, including video tutorials.

As for the price, the standard and develop licenses cost $349 and $1450, respectively.

The takeaway: Tutor Marketplace is more than just a template. It’s a powerful web tool that will help you get your business idea off the ground in no time.

For telemedicine marketplaces: Medical

Medical template is your best shot if you want to build a telemedicine marketplace that provides your users with a reliable and secure platform.

This template is simple and clean but features everything medical specialists and patients may need – a dedicated moderation panel, advanced search function, email notifications, and much more.

Besides using the search function, users can find a specialist by filling out a questionnaire. Based on their answers, they will be provided with a list of appropriate doctors, therapists, or psychologists.

This Bubble template has a desktop and mobile version, and the 5-star rating makes it the most popular choice among telemedicine entrepreneurs.

The best part, the price is as low as $39 for a standard license and the developer license costs $1249

The takeaway: Medical is a pretty straightforward telemedicine template that’s user-friendly and offers great value for money.

For other services marketplaces: Freelancing like Upwork

Freelancing like Upwork is a no-code Bubble template that provides you with everything you need to build a freelancing service marketplace within just a few days.

Freelancers can list their services (no matter what they are) and get booked both online and offline. Furthermore, the template comes with a payment integration, messaging feature, and reviewing system.

Users that search for a particular service can filter down the results based on their preferred location, hourly rate, language, and many more.

The standard license cost $299 while the developer license is $598.

The takeaway: Freelancing like Upwork is an excellent marketplace template that features some of the most useful service platform features.

Conclusion

The emergence of no-code development platforms is revolutionizing the way businesses create custom applications.

By providing businesses with a simpler and more cost-effective solution for developing applications, no-code platforms like Bubble are leveling the playing field for startups and small businesses.

Whether you’re looking to prototype an idea, build an MVP, or create a fully functional application, Bubble templates can help you speed up the development process and save money.

The post The Best Bubble Templates for Marketplace Businesses appeared first on 3veta.

The preference of tutors, coaches, and consultants as well as other professionals to be flexible, work from home, and be a part of international teams has further increased the demand for such video conferencing tools.

Although one might think that marketplaces do not necessarily need such features, facilitated communication is key when it comes to service providers.

One possible solution is for professionals to use Zoom or Google Meet on the side, however, we say that it’s better to embed video conferencing features within the marketplace itself.

Below you can find out why and how!

Why you should integrate video conferencing into your website?

Microsoft is very opinionated in terms of why you should use video conferencing. We decided to highlight some of their arguments and also add to them with our insights.

Business-wise, if you want to save time and money, you should definitely embed video conferencing into your website.

If your service marketplace doesn’t offer scheduling and video conferencing tools, service providers would have to rely on third-party sources to arrange a time slot and meet with their clients.

This would result in various issues that might get in the way of successfully completing a job.

No-shows, last-minute cancellations, tech issues, and misunderstandings generally cause a huge loss of time in navigating through different apps.

Not to mention that those apps would most probably charge a monthly fee for greater access to video conferencing features.

Having all marketplace features in one place also reduces the likelihood of disputes or misunderstandings later on as it creates consistent and accurate records of the conversations.

If questions arise along the way or the client is not happy with the final product, recordings, and transcriptions of the customer-seller dialogues could serve as references.

Pro tip

3veta is the most flexible white-label video conferencing platform on the market, allowing you to schedule meetings, host branded video calls, accept payments, and much more.

Brand your video calls

How does video conferencing improve the user experience?

A very tricky concept that online businesses often struggle with is establishing good relationships between clients and sellers. In the virtual world, where everything is automated and lacks a human approach, trust hardly exists.

Service providers could easily talk to customers by picking up the phone or sending an email to arrange the details and answer any questions.

However, video conferencing immensely helps with building a customer-seller relationship.

Talking face-to-face makes the whole interaction more personal and sincere which establishes trust and builds a more loyal clientele.

The above-mentioned arguments in favor of video conferencing integration add up to yet another one.

Having everything in one place saves service providers and customers time and money, but also helps them establish trust with each other. Hence, more tasks turn out to be completed in a shorter period of time.

Such efficiency and productivity result in customer satisfaction and provide professionals with greater job opportunities.

Video conferencing integration also allows service providers to give customers personalized services if needed.

For instance, depending on the nature of the task, the professionals might have to do a one-on-one consultation with the client before completing the task.

These meetings could be very beneficial when it comes to making sure that the client’s expectations are met or when giving professional advice.

How to add video conferencing to your website?

An easy way to embed video conferencing into your website is to pick a white-label tool like 3veta that supports video conferencing API.

In case you’re unfamiliar with what white-label software does, its purpose is to provide you with features for your platform/marketplace without overshadowing your branding.

When choosing your white-label software, you have to be wary of a few mistakes that should be avoided.

Make sure to pick a solution that answers all security concerns, provides you with business analytics, and gives you the freedom of customization.

In our case, we give you all of that and require zero programming skills on your part as we handle all the tech sides of it and we give you instant access to the desired modules.

Our goal is to help you boost your business by giving you all the essential marketplace features quickly and automating all time-consuming activities.

As a marketplace owner, you get the option to integrate top-quality video conferencing and scheduling into your website and choose from an extensive list of other modules as well.

You can consider 3veta as one of the Zoom alternatives that don’t require you to open another window in your browser.

Having everything in one place, from video conferencing and scheduling to payments and analytics, has never been easier.

Final words

In conclusion, video conferencing is a crucial feature for marketplaces as it provides numerous benefits for both buyers and sellers.

It improves communication, allows for personalized interaction, saves time and cost, facilitates the work process, and provides a competitive edge over marketplaces that do not offer this feature.

As we established, with the increasing demand for remote and flexible communication, video conferencing is a powerful tool that can help marketplaces build stronger relationships and increase customer loyalty.

So, if you want to join the 3veta family and benefit from our services, don’t hesitate to contact us!

The post How to Integrate Video Conferencing into a Website? appeared first on 3veta.

Figuring out what type of professional services marketplace you’d like to create and what your business model would look like is essential, but what do you do once you feel ready to kick off?

Instead of going head-first into the deep waters of building a sophisticated marketplace right away, we advise you to start with MVP testing.

But what is MVP, why is it beneficial, and how do you build one? Find out in the sections below.

What is MVP?

MVP stands for Minimum Viable Product and is a product development strategy where you create a simplified version of your business idea with just the most essential features.

To picture it better, imagine that you’re making a cake. You start with the most basic ingredients, like flour, eggs, and sugar, and then add in just enough other ingredients to make it taste good, like vanilla extract or chocolate chips.

You don’t go crazy and add every possible ingredient you can think of, because that would be too expensive and time-consuming.

Once you have your basic cake, you bake it and then share it with your friends and family to see if they like it.

If they do, great! You can start adding more ingredients and making it even better. But if they don’t, you can go back to the drawing board and figure out what went wrong.

In the same way, with MVP testing, you create a basic version of your product with just the essential platform features and then share it with a small group of users to see if they like it.

This whole process is called idea validation.

The key is to get your services marketplace out there quickly and test it with real users, so you can gather feedback and make informed decisions about how to develop it further.

This way, you minimize risk and uncertainty and increase your chances of success.

Why MVP testing is important?

There are many reasons why you should definitely build an MVP before fully investing your time and resources into your marketplace idea.

First and foremost, it minimizes risk and uncertainty. Creating an MVP allows you to test your product idea in a real-world setting and gather feedback from actual users.

This way you identify potential problems and challenges early on, before investing too much into a product that may not be successful.

Also, MVP testing saves time and money because it prompts you to focus on the most important features of your product, without distracting yourself with unnecessary features that may not add much value. This can help you launch your product faster and at a lower cost.

Naturally, it also helps you make data-driven decisions because you can gather valuable feedback and data on how people use and interact with your product. This can inform you on how to improve and evolve your product based on user needs and preferences.

Overall, an MVP increases the chances of success. MVP testing with real users skyrockets your chances of creating a successful product that meets the needs of your target audience. This can help you build a loyal customer base and increase your chances of long-term success.

How to quickly build an MVP?

Before diving into the how-to aspect of building an MVP, we believe that a few examples of how other companies have done it may be useful.

Think about Twitter, for example. The minimum product was the ability to publish 160-character posts or less. Over time they’ve added features.

Virgin Air used only one plane and one route to test its hypothesis. As they worked out the kinks in their strategy they started adding more planes and routes.

Drew Houston and Arash Ferdowsi, founders of Dropbox, started with a boring 3-minute video for their minimum viable product. After they released the video online, however, their waiting list went from 5,000 people to 75,000 overnight!

The point is, start simple. And the best way to do so is to trust a no-code service marketplace builder to build an MVP.

Why? Because it’s way cheaper and faster to create a marketplace this way.

To elaborate, we’ll give you an example coming from our personal experience.

One of 3veta’s main functions is to help entrepreneurs build a marketplace or a platform without the hassle of programming.

Pro tip

Wondering what your service marketplace will look like? Try our interactive demo and find out!

Play with 3veta

No-code solutions like this save you an insane amount of money and time no matter whether you’re planning on creating a B2B marketplace or a peer-to-peer platform.

You share your idea with us, choose from a list of features, and in less than a week your marketplace is ready.

You can always add new things from our extensive list of modules and you can make use of marketplace business analytics that display how your product is performing.

Essentially, 3veta can provide you with all you need to build your MVP and later on scale up your marketplace.

We aim to respect your brand’s identity, hence, your logo will be everywhere instead of ours.

From tutoring and coaching to nutrition and consulting, we’ve seen it all and we’ve built it all thanks to our excellent scheduling, video conferencing, and payments features.

But before you contact us, there’s one important step for a successful idea validation that you shouldn’t miss.

Ways to validate MVP

The first step towards successfully validating your MVP testing is not jumping onto a no-code solution and creating whatever you believe will be successful.

Before you start developing your niche marketplace idea, it’s crucial to define your target audience.

Remember the cake example? Before you start baking, you’d probably ask your friends and family if they’d prefer chocolate, vanilla, or maybe something fruity.

Similarly, you have to identify the customer base your product is meant for and gather insights into their needs, preferences, and behaviors. This way you’ll be able to add the most wanted marketplace features and create a product that in fact answers to a specific demand.

Only after you complete this step, can you choose a white-label marketplace solution like 3veta that will help you create a simplified version of your product with just the essential platform features that address the clients’ demands.

The next step is to start MVP testing with a small group of target users.

Observe how they use the product, gather feedback on what they like and dislike, and ask for suggestions on how to improve it.

You should combine the users’ feedback with the marketplace analytics we’ve provided you with for the most optimal decision-making.

After collecting the data, find the most common issues and concerns raised by users and prioritize the changes you need to make to improve the product.

The final step is to iterate and improve your MVP and create a new version until you have a version that meets the needs and expectations of your target audience.

To wrap it up

In conclusion, MVP testing is an essential part of the product development process, especially for start-ups and entrepreneurs.

The key is to focus on the most essential features and to be open to feedback and criticism from your target audience.

Remember, an MVP is not the final product. It’s a starting point that allows you to test your product concept and gather feedback so that you can build a product that people want to use.

So, don’t be afraid to reach out to us, and let’s find the best way to turn your business idea into reality.

The post How to Build an MVP for Your Service-Based Business appeared first on 3veta.

However, what happens after you do so? The next step is to compile customer engagement analytics and embark on an ever-lasting journey of striving to improve the user experience on your marketplace.

You may already know that the cost of creating a professional service marketplace is not necessarily expensive beyond imagination.

We have more good news. Your no-code marketplace builder can also be your user engagement software!

After all, our ultimate goal is to help you build trust between parties in your marketplace, and what better way to do that than anticipating customers’ demand and meeting everyone’s expectations?

In this article, you’ll find how customer engagement analytics work, why they are so useful, and how you can employ them yourself.

Why customer engagement analytics is important?

Essentially, a customer engagement dashboard serves to help you understand customer behavior.

It presents insights into their preferences, buying habits, and feedback.

As Hubspot says, helps businesses to understand what their customers want and how to better engage with them.

Also, you can improve the user experience on your marketplace. By analyzing customer engagement data, businesses can identify pain points in the customer journey and take action to improve the customer experience. This can lead to higher customer satisfaction and loyalty.

As a result, engaged customers would be more likely to make repeat purchases and recommend your niche marketplace to others.

Thanks to this marketplace data, you can identify areas where improvement is needed and ultimately increase revenue.

3veta’s in-depth user analytics feature helps you get regular insights into important user data.

Your customer engagement dashboard will also guide you toward the most effective marketing channels and campaigns. You’ll be able to optimize marketing efforts and increase the ROI of marketing spend.

Last but not least, customer engagement analytics over time can reveal trends in customer behavior and preferences. This information can be used to anticipate future customer needs and develop products and services that meet those needs.

How do you analyze customer engagement?

The first step towards successful marketplace analytics is to define what you want to measure.

Start by identifying the metrics that are most important to your business goals. This may include metrics such as customer satisfaction, customer loyalty, repeat purchase rate, and customer lifetime value.

After collecting customer engagement data via surveys, feedback forms, social media monitoring, web analytics, or customer service interactions, it’s time to analyze it.

You can rely on user engagement software to identify patterns, trends, and insights. This may involve segmenting the data by customer demographics, behavior, or location to gain a deeper understanding of customer preferences and needs.

If you’re new to this and it sounds complicated, you can use 3veta’s analytics module which provides you with an easy-to-use tailor-made user analytics dashboard.

After that, it’s all up to you.

Based on your analysis, you can develop strategies to improve customer engagement by optimizing marketing campaigns, improving customer service, personalizing communications, or developing new products and services that better meet customer needs.

Make sure to constantly keep an eye on what’s going on. It’s important to continue collecting and analyzing customer engagement data over time to track progress and identify areas where further improvements can be made.

What metrics do you have to measure?

Several metrics can be used to measure customer engagement. The specific metrics that a business chooses to measure may vary depending on its goals and the nature of its customer interactions.

Even so, some common metrics can be used by all types of marketplaces no matter the business model or the services offered.

Customer satisfaction

Measures how content customers are with your products, services, or overall experience. It is typically done using surveys or feedback forms.

Net promoter score (NPS)

This metric measures how likely customers are to recommend a business to others. It is typically measured using a survey question that asks customers to rate how likely they are to recommend the business on a scale of 0 to 10.

Customer lifetime value (CLV)

It shows the total amount of revenue that a customer is expected to generate for a business throughout their relationship. It takes into account factors such as purchase frequency, average order value, and customer retention rates.

Repeat purchase rate

Displays the percentage of customers who make more than one purchase from a business. It is a good indicator of customer loyalty and can be used to assess the effectiveness of retention strategies.

Time on site

Measures how long customers spend on a business’s website or mobile app. It helps evaluate the effectiveness of customer engagement with digital content and can be used to identify areas for improvement.

Social media engagement

This metric measures how customers interact with a business on social media, including likes, shares, comments, and mentions. It can be used to assess social media marketing and to identify opportunities for engagement.

Whether you own a B2B, B2C, or peer-to-peer marketplace that offers coaching, consulting, repairing, or other services, the above-mentioned metrics create key analytics reports for marketplaces of all types.

How to use data to improve user experience on your marketplace?

If you want to make your service marketplace a better place for your users, you need to use data to help guide your decisions. Here’s what you need to do.

After collecting marketplace data, you should start looking for patterns and trends that can help you understand what’s working well and what isn’t.

You might notice that users are having trouble finding certain services, or that they’re not completing their purchases. This kind of information can help you prioritize the areas that need improvement the most.

Once you’ve identified the areas that need work, you can start making changes. You might need to redesign your website to make it easier to use, or you might need to simplify the checkout process.

Pro tip

If you don’t have a tech support team and you’re not familiar with coding, you can use 3veta – our no-code marketplace builder.

Start your marketplace today.

Finally, you need to keep monitoring your data over time. This means continuing to collect information about how users are interacting with your marketplace and using that information to make further improvements.

Overall, using data to improve the user experience on your marketplace is a crucial step in making sure that your users are happy and coming back for more.

So go out there, gather your analytics for customer engagement, and use them to scale your service marketplace!

To sum it up

If you’re still at the beginning of your journey, we warmly recommend you find a white-label marketplace builder like 3veta that will not only take care of the programming for you but will also equip you with good marketplace analytics.

One of the key steps needed to scale your service marketplace is to avoid the hassle of switching between different tools all the time. You can have all marketplace features in one place and save time and money.

If you still need some convincing, have a look at our interactive demo and see for yourself how 3veta works in practice.

The post How Customer Engagement Analytics Can Help Grow Your Service Marketplace? appeared first on 3veta.

However, a lot of opportunities means a lot of competition.

Stats show that online marketplaces deliver the best customer experience. But the rivalry is fierce. Consumers have high expectations and you have to make sure you meet them all.

Nothing is impossible, with the right plan and tools you can achieve both customer satisfaction and a profitable service marketplace.

In this article, we’ll go through some of the main strategies for growing and scaling a service marketplace business.

6 strategies to grow your service marketplace business

Although it might seem easy on paper, growing a business requires some deep thought and a lot of research.

First and foremost, we have to be able to understand the essence and the main features of service marketplaces and be aware of both the pros and cons they offer. Once we have gained this knowledge, we could focus on creating a good strategy.

The information on the web could be overwhelming, yes. So if you are feeling hesitant about which step to take next, keep reading.

Identify your service marketplace goals

Understandably enough, one of the main strategies is identifying which problems your service is about to solve. This would give you a clear picture of where you should invest your resources.   

We would recommend that you indicate your goals clearly. This is how you eliminate any unnecessary distractions on the way. Deviations from the initial goal may be costly.

Another useful tip is to coordinate the objectives with everybody on the team and make sure you are all on the same page. Success and business growth depend on team alignment.

Use the right technology

Once you begin scaling your business, the staff number would grow. So would the maintenance needs and the number of tasks you have to perform.

You have certainly wondered how to boost your productivity and keep things on track. For example, establishing standard operating procedures is really helpful. A practical tip is to quickly find out what works best for you and focus on it.

Using the right technology would definitely alleviate a big part of the workload. Turning your ideas into a reality could take days instead of months.

How? Easy, by finding an efficient marketplace builder that offers end-to-end solutions.

Yes, tech is here to stay and you’d better make good use of it.

Pro tip

3veta is a service marketplace builder that allows any entrepreneur to carry out their service marketplace idea with zero programming skills, a small budget, and without having to wait months.

Play with our interactive demo

Optimize your service and be up to date

Striving to perform better is the driving force for growing a service marketplace business. The only way to keep our target audience satisfied is by delivering a service of high quality.

A common mistake is to set up a business and prioritize lead generation only. That usually results in a temporary phase of growth, followed by a flat stage where growth plateaus.

Needless to say, that would affect your business negatively.

Knowing your competitors and what they are offering to the market is a must. Comparing your business to theirs could be used as a strong motivator for improvement. This is where testing and analytics step in.

Testing is a key method for ensuring that all the components in your business plan function well together.

Analytics on the other hand gives you some detailed information about the progress you have made so far and detects areas of improvement. With the proper user analytics dashboard, you can get full visibility over users’ engagement.

Select your team accordingly

Hiring the right people is key to delivering the best customer experience. Good qualifications, valuable experience and a solid set of skills do matter, but they are not everything.

A successful strategy implies the presence of good communication, exceptional organization, and excellent customer relations skills.

In an article published by Forbes, eight experts from the Young Entrepreneurial Council are asked to give some tips on how to scale a service marketplace business. One of them says:

 “Let the quality of your staff shine through. From the very first moment, whether it be through   social media, your website, online chat, or in-store, you want every second to be a positive experience.”

The people you are going to work with matter, and so does the work environment. Team culture is one of the biggest predictors of a team’s success.

Build a community

Winning clients is undoubtedly important, but keeping them is what matters most. Creating a good and long-lasting relationship with them is crucial, together with providing a high-quality service.

People like engaging with each other, discussing various topics, and sharing advice. An active community around your service offering is a good way to bring your customers together and give them a voice. Who knows, even some new ideas might pop up.

A service marketplace business should go an extra mile for its users and make sure they see the marketplace as a part of their identity. This builds retention – clients are more likely to stay loyal if they feel they belong. But first, we have to gain their trust.

Be patient

Last but not least, patience is a crucial strategic element of each and every business. Growth by itself is a long process that doesn’t happen overnight.

People quite often put effort and expect immediate results. The usual “You’ll get there one day” is not exactly motivating, we’d prefer seeing the fruits of our hard work right here, right now.

Sadly enough, this is not how it works.

If you want to grow your service marketplace business, you’d have to play the long game.

Attracting customers and establishing a long-term relationship with them takes time. Be patient.

Moreover, growing too fast may actually backfire, because it puts a lot of stress on the business model.

To sum it up

Growing your service marketplace business is a challenging endeavor and might be an expensive one. Having the right skills and expertise is crucial for meeting clients’ needs. This imposes a careful team selection.

One might say that research is never enough and they won’t be wrong.

The competition out there is wild. To grow, you’d have to be up to date with the change in customers’ needs, all the technological innovations, and whatnot.

Success and growth are never easy but giving it time and implementing the right strategies would certainly be of help.

Ready to dive into this adventure? 3veta is here for you!

The post Strategies for growing and scaling a service marketplace business appeared first on 3veta.

Take for example teachers who might be working in person in a high school, college, or kindergarten but also offer online lessons to students who need tutoring.

The glory of the Internet comes from the fact that it connects people from all over the world and allows them to exchange services or goods without being tied down to a physical space.

People oftentimes struggle with tasks that should be easy to complete but for some reason aren’t. And that’s how the idea to create a marketplace or a platform usually pops up in someone’s head.

For instance, Airbnb is an example of a P2P marketplace platform that was created because the founders saw an opportunity in the hotel room shortage during a conference in their town and offered strangers to stay in their loft.

But apart from the accommodation business, there are many other niche marketplace ideas that you could venture into.

What are some examples of service marketplaces?

The marketplace start-up ideas that we’ll discuss in this article offer services in the fields of tutoring, coaching, consulting, accounting, home trade, and entertainment.

You can also pick a more general niche and create a freelance marketplace that connects independent professionals working within the same or similar departments with customers.

For instance, the field of consulting could offer guidance in terms of marketing, business strategy, finance, HR, PR, law, IT, sales, and many more. You could either focus on just one or combine a few under the same marketplace umbrella.

Of course, different marketplace business ideas would require different business models.

Let’s say consulting is indeed your niche, the above-mentioned services would result in you launching a B2B marketplace as the clients would typically be business owners.

However, if you choose to focus on career development consulting your service providers would most likely assist individuals to grow professionally.

To better understand how different marketplace start-up ideas differentiate, let’s look at each one on its own.

Tutoring marketplace

Tutoring is one of the most booming niches among online marketplaces as it could be done by professional educators as well as people with hobbies and talents that would like to pass down their skills to someone else.

Especially during the pandemic, it was a very common approach among students preparing for exams and people who’d like to enrich their knowledge for fun.

Tutoring could vary between a professional service marketplace for online teaching and a more diverse place for crafts, hobbies, and fun practices such as learning how to play the guitar or how to sculpt.

It all depends on your knowledge about the niche and your research on the supply and demand dynamic.

Coaching marketplace

Coaching on the other hand is usually pretty straightforward. It could be wellness and health-oriented, it could be fitness and nutrition based, or it could be about lifestyle.

Hence, to become a coach you need to possess certain qualifications and accreditations, otherwise, clients wouldn’t trust you for such delicate matters.

As the owner of a marketplace of such nature, you’d have to know the niche very well to attract professionals willing to list their services on your website. And you’d have to assure customers that they’d get top-tier attendance.

Even so, it’s a very promising niche as one of its key benefits is that it offers convenience. Clients can access coaching services from the comfort of their home or workspace, eliminating the need to travel to a coach’s office.

Also, online coaching could be more affordable as coaches don’t have to pay for commuting, office rent, utilities, or overhead costs.

Consulting marketplace

As we already highlighted, good consulting usually does wonders for businesses. And there are various sub-departments on which you could base your niche marketplace.

No matter the area of work, consultants usually assess the needs of the clients, conduct research and data analysis as well as develop strategies and solutions.

The more specialized your consulting marketplace is, the greater attention to detail your consultants would be able to pay.

Therefore, our advice is to dive deep into one of the many consulting options and offer the best solutions to other entrepreneurs, managers, and workers.

This way you’ll manage to keep a loyal clientele and recruit the best talents. When it comes to a freelance marketplace, quality is more highly valued than quantity.

Accounting marketplace

Accounting consultants may specialize in financial analysis, tax planning and compliance, budgeting, bookkeeping, audit and assurance services, and other financial reports or issues.

Their role is to provide advice on improving internal controls, financial systems and processes, and other strategic financial management initiatives.

Accounting consultants can be particularly useful for businesses that lack the resources or expertise to manage complex financial matters on their own.

By hiring an accounting consultant, a business can gain access to specialized knowledge and skills that can improve its financial performance, reduce costs, and manage risks.

It’s a niche that never stops being in demand as it helps businesses stay afloat and perform better.

Home trade marketplace

Home trade marketplaces serve as a middleman between homeowners and tradespeople.

Whenever people are looking for contractors, garden specialists, builders, electricians, or other help around the house, home trade marketplaces offer the perfect solution.

Usually, this sector is quite precarious as constructors might not be that experienced, and customers are left dissatisfied.

Marketplaces offer a certain level of trust and accountability as they require tradespeople to undergo background checks, and skills tests, and require proof of insurance and licensing as well as a certain level of customer satisfaction.

Entertainment marketplace

A talent booking platform could be an example of an entertainment marketplace.

The goal is to connect event organizers with performers such as musicians, comedians, and speakers.

These platforms offer a convenient way for event organizers to discover and book talent for their events, while also offering performers a centralized platform to promote their services.

Some marketplaces of this sort specialize in helping event organizers find local talents to perform at small events such as weddings, corporate parties, and other private events.

Other talent booking platforms focus on connecting performers with larger events, such as festivals and concerts.

These platforms may offer a wider range of performers, including headline acts and established entertainers. They may also offer additional services such as event production and marketing support to help event organizers plan and execute successful events.

How do you create a service marketplace?

The most common misconception is that marketplaces cost a fortune to be built, up, and running. However, there are many ways to save money on app development by using a no-code solution.

Some service marketplace ideas remain in one’s imagination because people are scared that building a platform or a marketplace requires not only substantial funds but also advanced tech skills.

Pro tip

3veta is a no-code service marketplace builder that can help any entrepreneur carry out their service marketplace idea with zero programming skills, a small budget, and without having to wait months.

Try 3veta for Free

You may be worried that your specific idea might require more elaborate features, but our team has compiled a list of marketplace features, also known as modules, that cover every essential aspect.

For instance, on top of all UX – related features, we ensure that you enjoy excellent video conferencing and scheduling features. We do so because every no-code service marketplace needs seamless communication between clients and service providers.

Another fear you may have is that all of this would come at the cost of your marketplace branding. Well, we would hate to take your identity away by putting our logo everywhere.

Hence, you’ll also make use of our white-label solution that will allow you to personalize your marketplace and use your logo and colors everywhere!

Interested? We’d love to get in touch.

Final thoughts

There may be various service marketplace ideas but essentially, all of them work on the same basis.

Ensuring that you’re employing the right tools according to the niche you’re interested in is the first step on your marketplace journey.

Not sure where to start? Check our guide on how to launch your marketplace in 5 easy steps.

The post 6 Promising Service Marketplace Ideas for Startups & Entrepreneurs appeared first on 3veta.

Their input is so valuable because they bring specialized knowledge and expertise to a project or problem that may not be available in-house.

Usually, they are in huge demand because they provide an objective perspective and avoid any biases or conflicts of interest that may exist within the company they’re supposed to help.

And although there are quite a few popular agencies that hire full-time consultants, the increasingly attractive option to work from home has stimulated a lot of professionals to become freelancers.

Hence, the demand for building a service marketplace for consultants has spiked.

In this article, we’ll share with you everything you need to know before starting your own online consultation platform.

What is a consultation marketplace?

A marketplace for consultants is a platform or website that connects businesses or individuals with consultants who can provide specialized knowledge and expertise in a particular area or industry.

These marketplaces typically provide a range of consulting services across different fields, such as marketing, finance, technology, or strategy.

Contabi used 3veta’s marketplace builder to build an advisors marketplace.

Consultants can create a profile on the marketplace, highlighting their skills, experience, and areas of expertise.

Clients can then search within a website for consultants for a professional who can handle their specific needs and help them with difficult decisions. After reviewing their profiles and ratings, the client may engage them for a consultation.

What are the benefits?

Online business consulting offers several benefits to both clients and consultants, such as:

• Access to a wider pool of professionals: Clients can find and compare consultants from a broader range of locations and backgrounds, increasing the chances of finding the right fit for their project.
• Flexibility: Consultants can choose the projects they want to work on and set their own rates and schedules, giving them greater flexibility and control over their work.
• Lower costs: Marketplaces can offer competitive pricing for consulting services by leveraging economies of scale and reducing administrative costs.
• Reduced risk: Clients can review the consultant’s profiles, ratings, and reviews before engaging them, reducing the risk of hiring someone who may not be a good fit for their project.

Depending on the consulting niche and the nature of work (one-time, short-term, or long-term), there are different marketplace business models such as subscription-based and commission-based.

Some examples of marketplaces for consultants include Upwork, Freelancer, and Catalant. These platforms can be particularly useful for small and medium-sized businesses that may not have the resources to hire full-time employees or engage large consulting firms.

How do I start an online consultation platform?

Starting your own website for consultants is not so difficult nowadays.

All you need is to have clarity when it comes to your business plan and strategy and find a good white-label marketplace solution to help you with the technical stuff.

Pro tip

Wondering what your consultation marketplace will look like? Play with 3veta and find out!

 Play with 3veta

So, where do we start?

Choose a niche

A niche marketplace constitutes an online consultation platform that features specialists in a particular department that are ready to solve specific issues that customers usually experience.

By choosing the right niche within the consulting business, you’ll be able to target better your audience, recruit the best talents, and ensure that the needs of the clients are met.

Choose a business model

We already mentioned the most popular marketplace business models. The commission-based option means that the marketplace will take a percentage out of every successful payment.

Meanwhile, if the marketplace is subscription-based, sellers, buyers, or both need to pay a monthly fee in order to have access to the platform.

Of course, there are other alternatives such as lead or listing fees as well as featured ads that you can also make use of depending on the structure of your business idea.

Decide on the features you need

The most essential consulting marketplace features are the ones that enable service providers and their clients to go through with the purchase and completion of a task from start to end.

In the case of online business consulting, that would mean providing user profile management, listings, a search bar, filters, a payment module, video conferencing and scheduling, and reviews.

Naturally, there are many more that you need to consider that will make your website for consultants look a lot more sophisticated.

Find a white-label marketplace solution

After knowing what you want to achieve and having an idea of how you want your niche marketplace to look, the next step is to create it.

There is a common misconception that the process of building a marketplace costs a bag of gold and takes months if not years to perfect.

However, white-label marketplace solutions aim to help entrepreneurs to realize their idea fast and at a low cost, while preserving their identity i.e. their marketplace branding.

I’m sure we’ve managed to intrigue you, so read along to find out how the magic happens!

How to start your consultation marketplace with 3veta?

To give you a real-time example, we’ll explain how 3veta works because that’s the one thing we can full-heartedly give guarantees for.

As you might’ve guessed 3veta functions as a no-code marketplace builder which means that we’ve done all the dev work for you.

Our solution works perfectly for those with little to no tech skills but also serves great programmers because it saves them time and allows them to focus on something else.

We also define ourselves as white-label software which means that we allow you to put your logo and brand colors everywhere!

Furthermore, once you contact us with your idea, we give you an extensive list of modules (features) that you can choose from.

All of that takes 3 to 5 business days and then you’re ready to go!

But it doesn’t end here, we also take care of the maintenance – continuous backups and system updates with new features.

If you are ready to start your online service marketplace, let’s talk!

To sum it up

The field of online business consulting is vast and continues to grow as more and more professionals prefer the flexibility and freedom of remote work.

Hence, it could be a very fruitful venture for those who’ve researched the market and have chosen a niche in continuous demand.

Not to mention that technological advancements such as no-code marketplace builders eliminate the barrier that used to impede entrepreneurs with no tech skills from becoming marketplace owners.

Interested? Check out our interactive demo!

The post How to Start an Online Consultation Marketplace [Step-by-Step] appeared first on 3veta.

One recent trend in the web and software development industry that has exploded in popularity is the no-code movement.

But why?

For decades, organizations have been hiring software developers to create software applications that serve different purposes.

But here’s the thing—the cost associated with hiring software development services is going up every year.

Considering that organizations are looking to cut down on costs while maximizing revenue, there is no doubt that many are opting to use low-code or no-code platforms.

In fact, by 2024, Gartner predicts that 80% of technology products and services will be developed by people who are not technology experts.

So, whether you plan to create a new website or develop an application with no code, this article will help you understand everything about it.

What is the no-code movement?

The no-code movement is an initiative that focuses on enabling citizen developers (non-developers, or people without sufficient technology or technical skills) to build websites and applications.

The movement emphasizes the development of no-code platforms with simple graphical user interfaces rather than coding languages.

This enables people without coding skills to use drag-and-drop features to build applications without touching a single line of code.

Using no-code platforms you can quickly build a marketplace platform, custom app, or website for your business.

Furthermore, no-code solutions help business owners create prototypes and MVPs to test their idea.

Is the no-code movement a new thing?

Given how the no-code movement has taken the world of IT services by storm, it’s easier to think that it’s a fairly new concept.

However, that’s far from the truth.

The history of the no-code movement dates back to 1989 when Sir Tim Berners-Lee, a British scientist, was working as a software engineer at CERN where he invented the World Wide Web.

His plan was to make it accessible to all people, regardless of their technical skill level.

In 1994, two great minds, David Bohnett, and John Rezner launched a web hosting service called Beverly Hills Internet that was later renamed GeoCities.

The web hosting service enabled people with little-to-no coding knowledge to create web pages.

Later on, hundreds of thousands of no-code apps and tools were developed and the no-code movement keeps growing in popularity every day.

What are the benefits of no-code platforms?

According to a no-code growth marketing survey report by UserGuiding, 85% of people say that no-code tools add value to their lives.

Image via UserGuiding

Besides, 84% of people trust no-code tools and 96% of those who aren’t using no-code tools would be willing to use them in the future.

These statistics are a testament to the effectiveness and growing popularity of the no-code.

Here are some of the benefits of no-code solutions.

Speed up website and software development

There is no doubt that business transformations are happening faster than we can imagine.

To keep up with the fast transformations, developers are always looking for ways to speed up application development and improve productivity.

According to a 2020 No-Code Census report, 36% of people say no-code development tools enable them to create software 4.6 times faster than traditional programming:

Image via No-Code Census

This means that no-code apps and tools can help lessen the time taken to develop applications and ensure that your apps hit the market fast.

For instance, a no-code website builder can help you set up a beautiful website in minutes.

Of course, there is some learning curve to get citizen developers to understand how to use these tools. However, the learning curve is small compared to learning how to code or use programming languages from scratch.

According to a no-code survey report by Zapier, 83% of respondents say the desire to reduce the time certain takes is what drove them to use no-code tools.

No-code tools can help accelerate operations

According to the Zapier survey mentioned above, 90% of no-code developers say their company has realized faster growth due to its use of no-code platforms.

In today’s post-pandemic world where remote and hybrid working is the norm, having platforms that enable in-office and remote workers to interact and collaborate is a great idea.

Pro tip

3veta provides you with a no-code service marketplace builder used by 5000+ businesses around the world. Wondering what your platform will look like?

Play with 3veta

Low maintenance cost

To develop complex software, companies need to hire professional developers with technical knowledge.

For example, to hire a web developer to develop an app, a typical organization can spend anywhere between $120,000 and $150,000 annually. Of course, this is a rough estimate.

Fortunately, with no-code platforms, companies can reduce the cost of software development and manage business expenses with minimum maintenance, and that’s why a lot of them use no or low-code platforms.

This also helps avoid the need to find a skilled software engineer who earns an average salary of $141,462 per year in the USA.

Image via Built In

No-code platforms are accessible to all

The good thing about no-code apps and tools is that they have no barrier to entry.

For example, if you want to build a coaching service marketplace, you can turn it into reality without any technical skills.

No-code platforms offer users complete autonomy

Traditionally, a company would hire a web or software development team to get an application developed.

Once the platform is ready, the developer would then hand it over.

If the company lacks staff with technical knowledge, it must hire an employee who can use and keep the app maintained regularly.

With no-code solutions, you can understand the tool inside and out. That means you can develop the tool and customize it to your liking.

Conclusion

The no-code movement is transforming the way people create and launch businesses.

They empower entrepreneurs with limited technical skills to turn their ideas into reality and bring their products to market quickly and efficiently.

As this trend continues to grow, it’s essential to understand the potential of no-code tools and embrace them as a powerful resource in their business arsenal.

Whether you’re a startup founder or a seasoned entrepreneur, the no-code movement offers a new way to innovate and create value in today’s digital landscape.

If you are looking for an advanced no-code solution for your marketplace, look no further!

Let’s discuss how we can help you.

The post The No-Code Movement: What Entrepreneurs Need to Know appeared first on 3veta.