Since online shopping is at its peak these days, you might find it intriguing to set up your own online marketplace which can help you make increasing returns. Amazon, eBay, and Etsy are some names that are considered as tycoons of online shopping business. It is their customer base and cash inflow which makes them powerful in the online market. Think of a customer, wouldn’t it be interesting for you to get all the items you want from the same market?
Let us see what are usual requirements in creating an online shopping solution like Etsy
The results of a study suggest that customers prefer online marketplaces because they can easily find their favorite products within their budget easily. You might be interested to know how you can set up your own marketplace like Etsy. Here you will learn all about how you can create your own online store like Etsy. Before starting, it is wise to know all about e-commerce selling. It would help you make a successful start.
Get a Domain and Hosting
For your website, you need an attractive domain name. Start with noting down all the names that come to your mind and shortlist 5 of the best among them. From these 5, select one that you feel can be easy to remember for the customers and nice to call.
Get a Website Script
In order to build a website like Etsy, you need to find a good e-commerce solution. There are two main CMS options which are used mostly:
• Custom PHP Scripts
Both of these are capable enough to make a website like Etsy.
In order to establish a respectable website, you need a logo that can represent your brand. There are tons of ways from where you can get your own logo. If you have a limited budget, you can get a logo for as low as $5 from Fiverr. However, if you can afford, Youzign and 99designs are recommended.
Attract Buyers and Sellers
No business can thrive without buyers. You have to be patient because, in the beginning, no one will use your website. You have to put some items for sale on your own and ask your friends or family to buy things from you. Add some items to make your website engaging. All you need is a few sales to encourage people to leave feedback. Customer satisfaction is the key to success. If your first customers are satisfied, they will market you from the word of mouth.
These are some ways which you can use to build a perfect online store like Etsy. However, the biggest hurdle you might face is the investment. There are many variables involved which should be kept in mind while breaking down the cost. Some of those are:
• Resources and Timeline
• Features and Social Connectivity
For a newcomer, defining all these features can be tough and that is why it is recommended to try a good e-commerce platform.
Getting the app ready:
Once you have the website ready using a platform like wordpress, creating app for it becomes somewhat easier. The mobile app development company you hire to create mobile app can create services from website data and use them in app, and this way you can save a lot on the app costs.
The cost of app development will depend on a lot of factors, major ones being:
1) Technology / Scalability / Framework.
2) Timeline & Resources
3) Features & social elements
Cost would depend on various factors, such as how many features you want in it, which country you are developing it in, what is the extent of customization that you need in your app, if the development is being done in-house or outsourced, and so on.
The average cost of getting an app developed for an existing eCommerce store is about $20000-$30000, but as mentioned before, the cost depends on a lot of factors. Contact us today to get a free quote if you have any requirement for any mobile application.