December 3, 2018
Four Ways to Boost Marketplace Transaction Volumes During the Holiday Season and Beyond
Digital marketplaces, portals, and classifieds platforms. Whatever you call your business, they are all similar. The common thread between these types of businesses is that they have unlimited growth potential as the marketplace platform operators are not required to carry inventory or manage service providers.
It’s a simple concept, but underneath the sleek user interfaces of many leading platforms lie a variety of moving parts that make it possible for buyers and sellers to transact. The primary 4 technical components of these platforms are:
In our experience of working with marketplaces across the globe, we’ve found that one of the biggest mistakes a platform operator can make is choosing components based on present needs and price alone.
One of the most important pieces of advice we provide to our digital marketplace customers is that they need to be diligent about choosing technologies that can scale and evolve with them as their platform grows. This ensures it doesn’t become a problem for your marketplace down the road.
Check out our new eBook and learn how to choose the right components for a comprehensive and reliable technology stack.
“Understanding Your Marketplace Technology Stack,” is an eBook designed for marketplace operators to help simplify the software purchasing and evaluation process. By having an understanding of the core technology components of marketplaces, you can achieve success in the present and future.
Download the eBook today and learn how to:
Grab your copy of the eBook today!
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