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  • Gen AI Services
    • AI Ideation to Prototype
    • AI PoC to Production
    • Custom AI Agent Development
    • Intelligent Document Processing
    • Custom RAG Development
  • Products
    • Rental Flow
    • Service Flow
    • ECommerce Flow
  • Contact
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  • Gen AI Services

    • AI Ideation to Prototype
    • AI PoC to Production
    • Custom AI Agent Development
    • Intelligent Document Processing
    • Custom RAG Development
  • Products
    • Rental Flow
    • Service Flow
    • ECommerce Flow
  • Contact

How to create an Online Marketplace?

Step-by-Step explanation on how to plan, build and launch an online marketplace


    How to create an Online Marketplace?

    Step-by-Step explanation on how to plan, build and launch an online marketplace


      #1:Understand The Types of Marketplaces

      Solve a real and painful problem for your customers and providers

      Service Marketplace

      • Understand how services will be defined. How will customer find these services. What is involved in the buying process.
      • Identify uniqueness in your marketplace. Why your platform.
      • Stop procrastinating and let's talk. Let us help you understand what it takes and we love meeting people who make things happen.
      More Info

      Rental Marketplace

      • Think about Calendar units, Deposits, Insurances and Disputes
      • How would rentals differentiate. Would you need tiered pricing to increase asset revenue.
      • We hate this word as well - "Regulations". What should the platform do to work with the local governing rules.
      • Okay great! If you are still here then you need to setup a demo meeting to explore further.
      More Info

      E-Commerce Marketplace

      • From what Amazon does today interms of the buying experience, fulfillment etc. will your marketplace processes be signigicantly different.
      • Are you complimenting existing E-Commerce site
      • Your customers are gonna love the new options but how ready are you when it comes to managing third party suppliers and their shipments.
      • Lets pick up a virtual coffee.
      More Info

      #2:Custom Build Vs SaaS Solution

      A successful marketplace platform is more than just technology and time! is money

      Custom Coding from Scratch

      A great option if you want to build the marketplace from ground up with all the bells and whistles. You should consider this if your marketplace is one of the kind and you want to own all the intellectual property, including the code that is powering the marketplace. This option would typically require significant capital and time investment upfront.

      No-code Marketplace Software-as-a-Service

      Building a platform with a marketplace SaaS (sometimes also called marketplace-as-a-service, or MaaS) where the hosting is included is the fastest way to launch an online marketplace platform. The SaaS solutions are usually battle-tested and ready to scale. The SaaS solution provider will continuously test, improve and update their product.

      #3: Why IdyaFlow?

      One platform with all the marketplace features you need to build, manage, and scale your business

      No Code Solution

      • Fully Customizable through Configurations
      • Multi-lingual support with Mobile-Friendly Design
      • Built-in Payment Gateway to handle Transactions

      Secure & Intuitive Storefront

      • Powerful Product Search & Navigation
      • Reliable Order Processing & Tracking
      • Seamless Communication between Supplier & Customer

      Powerful Admin Portal

      • Easy Supplier Onboarding Workflow
      • Tools to Manage your Marketplace Operations
      • Marketing Features to Grow your Platform

      #4: The Process

      We will help you validate product/market fit by launching the MVP faster

      Understanding Your Vision

      This initial discovery process is about defining your marketplace goals and identifying the customer needs you are aiming to satisfy.

      Setting Up Your Marketplace

      Your MVP (Minimum Viable Product) marketplace with all key capabilities will be set up ready for additional configuration in 2 weeks.

      Initial Training & Launch

      Irrespective of the size of your business, we want all our clients to succeed. Our dedicated support team will help you train and launch your platform.

      #5: Our Pricing

      RENTAL
      MARKETPLACES

      Prices Starting At $129 USD/Month
      Learn More

      SERVICE
      MARKETPLACES

      Prices Starting At $989 USD/Month
      Learn More

      ECOMMERCE MARKETPLACES

      Prices Starting At $989 USD/Month
      Learn More

      #5: Our Pricing

      RENTAL
      MARKETPLACES

      Prices Starting At $129 USD/Month
      Learn More

      SERVICE
      MARKETPLACES

      Prices Starting At $989 USD/Month
      Learn More

      ECOMMERCE MARKETPLACES

      Prices Starting At $989 USD/Month
      Learn More

      Our demo sessions are worth every minute

      Sign Up For Demo
      IF-client1

      Satisfied Clients

      I moved over from IdyaFlow’s competitor. I was already set up for about a year or so, but realized it didn’t have the features I needed to move forward. The best feature on Idyaflow – the ability to work as a rental/ seller marketplace. No other solution supports both the models unless custom implemented and IdyaFlow supports it out-of-the-box!

      Samantha
      Founder at TravelingMunchkin

      offduty

      Super Support

      After some research and communicating with other companies I was lost and not sure if I was going to find what I was looking for. Then I found IdyaFlow and for the first time felt a sense of relief. together and we could not be happier. Thank you IdyaFlow!



      Andrew
      CEO at OffDuty4U

      client logo

      Great flexibility

      IdyaFlow has done a wonderful job of creating a very user-friendly platform and they are always more than willing to answer any questions you have! They have a thorough understanding of peer-2-peer marketplace solutions and I have no doubt that they would be able to help you with your new venture!


      Meighan
      CEO at GiveForGood

      client logo
      client logo
      client logo
      client logo
      View client case studies

      Frequently Asked Questions

      Have questions? You’re not alone. Below are our responses to some of the most common ones we get about our new model and technology.

      How long would it take to launch a Marketplace ?

      Out-of-the-box platform will be installed and ready for configuration within 2 weeks after sign-up.

      What is your support model like?

      Support model is based on the subscription package you have signed-up. All queries from clients under Market-Entry will be responded via Email within 48 hours. Clients under Professional package will be supported via Email within 24 hours and if needed, our support team will set up a phone call. For Enterprise Clients, we will work with you to define a customized model with specific SLA.

      My Idea is unique how do you ensure confidentiality ?

      We understand your idea is unique and we will sign mutual NDA to ensure your idea is protected. 

      What payment gateways do you support

      Out-of-the-box platform has built-in integration with Stripe Payment Gateway. We do support integrations with alternate solutions in Enterprise package.

      How are your different from your competitor ?

      Our clients choose IdyaFlow over other solutions in the market for 1) We specialize in marketplace business models and our clients see us as one of their business partners and not just a technology solution partner 2) No two marketplace platform on IdyaFlow are similar as IdyaFlow supports customization through intuitive built-in configuration making your marketplace unique 3)  When we say “Your success is an indicator of our success” we mean it! our support model is second to none in the industry.

      Do I need to have technical skills ?

      No technical or coding skills are needed. IdyaFlow plans include secure and hosting services. New features are automatically updated with no impact to your marketplace operations.

      Pricing, what is difference between Market-Entry and Professional package ?

      As the name implies, Market-Entry package allows to you quickly test and validate your marketplace idea. The package is a Do-It-Yourself SaaS solution and contains everything you need for starting a marketplace. No customization is supported under this package. If you have a well defined marketplace business model and require a white-labelled solution with unique custom features, then Professional package is the right choice. Please review the detail pricing here.

      How secured is your software ?

      Absolutely! IdyaFlow doesn’t store any of your billing information locally. Instead, we make use of a third party service that is independently certified to store sensitive personal information such as credit card and banking information. Your billing details are transferred over an encrypted (SSL) connection to this third party, and all transactions happen directly through them. This is the same level of security used in online banking.

      Are there any system requirements?

      IdyaFlow is web-based SaaS solution, all you need is an internet connection to access the software. Your marketplace platform will be accessible through any web browser, including Google Chrome, Firefox and Safari. The platform is mobile-browser responsible and supports most major smartphone and tablet devices on both iOS and Android.

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      Victoria, British Columbia, Canada

      Edmonton, Alberta, Canada

      Email: info@idyaflow.com

      Latest Articles

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      • How does Partner Service Marketplace help Incubators thrive and not bust the startups (eggs)?
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      • Partner Service Marketplace for SaaS Companies

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