Software Company in Jabalpur, UK, South Africa

What is Online Marketplace

At Kreyon systems, we help our clients to build online marketplace from scratch. We discuss ideas, help in conceptualisation, designing and implementation of an online marketplace. We have vast experience building SaaS products & Services that bring the online and offline world closer.

Kreyon builds Incredible, Scalable & Amazing Online Marketplaces

Types Of Online MarketPlaces

Online marketplace Solutions

On demand

The most common marketplace for services is based on offering instant services to users demand. For e.g. the service suppliers & users are connected through an online platform like Uber, Zomato or Deliveroo. You can order food, taxi or just about any service online.

Managed

The managed marketplace allows sellers to use their platform for reaching customers. It is typically used in B2B & B2C e-commerce. For e.g. building platforms like Alibaba, Amazon & other ecommerce companies that allow third party vendors to list their products and sell them. The platform manages sales, commissions, logistics support etc for managing the platform.

SAAS

Today businesses are moving to digital options for renting their traditional products. For e.g. car manufacturing companies are now leasing cars to customers. The car company uses SaaS platforms for renting these cars on monthly basis.

Community-driven

This is a community driven marketplace where smaller sellers, artists and artisans manage sales processes, deliveries, returns and customer service. For e.g. platforms that allow selling crafts, handmade gifts, paintings, music etc.

We believe in Shared Economy

Kreyon Systems provides end to end support for building Online Marketplace. These marketplace portals promote economic model of acquiring, providing or sharing access to goods and services through an online platform.

Online Rental Portal

Why You Need Online Marketplace

As per international world stats, there are over 4.1 billion users active on internet and they are still growing. The rising digital users are increasingly shaping the economic activity on the planet.

Here we explore how digital buyers are impacting business

1. Digital Marketing

Digital marketing has become one of the most important ways to connect with the customers today. The best brands are creating great content and helping their targeted audience. An online marketplace can tap into the digital users with ease.

2. Mobile Applications

More than two-thirds of the world’s population has a mobile phone, with majority of them using a smartphone. There are more users who prefer mobiles for accessing internet than any other medium. Mobile users prefers getting things done instantly and with convenience.

3. Social Media Channels

There are 3.3 billion social media users as of 2018. Businesses are using the social media data for personalised products & services to users based on their preferences, demographics like gender, income, age and location etc. Online marketplaces can tap these social media users & grow their customer base quickly.

4. Instant Communication

An online marketplace gets things done fast. You can easily connect with customers or service providers of your choice through the online platforms, book the service, make payments and even post reviews etc.

5. Scale & Reach

There are increasing business opportunities online. An online marketplace helps a business to tap into users across locations and geographies. It offers unparalleled scale and reach to grow business.

Benefits of Online Marketplace

Web Development for Online marketplace
  • 1.

    It provides an additional channel, taps into the internet users to market and sell your products & services.

  • 2.

    The online platform offers reduced marketing costs compared to traditional channels.

  • 3.

    You can build a global brand and identity for your business.

  • 4.

    An online marketplace gives you more opportunities and options to connect with suppliers and users.

  • 5.

    Greater transparency, quick availability, fair prices, convenience and anytime accessibility.

  • 6.

    Work and grow your business round-the-clock without time constraints and problems.

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