Shopping App? How worthy it is and why should I set up one?
If this is a question lingering in your mind, the information below may help you realize why setting up an online marketplace can help your business grow massively!
Unless you’re from a different planet, the names of Amazon, Etsy, and eBay won’t sound new to you.
And they’re nothing but most celebrated online marketplaces today!!
The amazing customer follow-up and massive cash inflow have made them powerful in the online market.
As a customer won’t you be inclined to a site that sells everything under the sun?
Also apart from offering a variety, online marketplaces simplify the customer’s job of finding products pertaining to their interests and budget, with a mouse click and that is why customers find it as an attractive online shopping destination.
Now, I’m quite sure that you’d like to create a marketplace similar to Amazon, eBay or etsy as setting up such an amazing marketplace can not only enhance your popularity, but also can generate hefty profits.
But wait. Is there an easy way to create a top notch marketplace like Etsy? Definitely Yes.
Etsy is an online marketplace for selling handmade and vintage items to consumers.
If you want to start a website like Etsy, then you should learn everything you can about e-commerce selling.
In this article, you will learn how to create a website like Etsy and turn it into a successful e-commerce business.
1. Get a Domain & Hosting
You will need to acquire a short yet brandable domain name for your new website.
Brainstorm a bunch of domains then create a list of 5 potential domain names.
If you need domain ideas, use Namestation to generate some domain ideas.
Also, you can watch this video to see how you can get a .COM domain for just Rs. 99 everytime on Godaddy.
For hosting you can go for Hostgator which is one of the best options for hosting your website.
2. Choose a Website Script
In order to build a website like Etsy, you need a good e-commerce solution.
There are two main CMS options: WordPress and custom PHP scripts.
Both of these options provide you enough to make a website like Etsy.
WordPress Etsy Themes
Custom PHP Scripts
Get a custom logo
Every e-commerce website needs a custom logo to establish their brand. If you are on a limited budget, get a cheap logo from Fiverr for $5. If you have a bigger budget, we recommend Youzign or 99designs.
3. Attract Buyers & Sellers
Your job is to connect buyers with potential sellers.
In the beginning, nobody will use your website.
List some items for sale yourself to make your website more activity.
Recruit friends & family to use your website too.
All you need is a few sales to encourage people to leave feedback and tell their friends.
Word of mouth is the most powerful marketing strategy for e-commerce websites.
Sites like Etsy allows the users to purchase online.
They shop and place their payments online right at the comfort of their own homes.
After online payments have been made, you can now wait for the delivery of the items that you have purchased online, right at your doorstep.
There are several variables involved in breaking down the cost –
1) Technology / Scalability / Framework.
2) Timeline & Resources
3) Features & Viral / social elements
$8,000 if it is developed in Australia
$4,000 if it is developed in India.
$15,000 if it is developed in U.S
There are a couple of more keypoints to consider:
Testing the version in UAT environment
Deploying it on a production server
And initial support
The overall cost of which may run into several thousand dollars, somewhere between $15000 and $20,000.
Like many above mentioned points, it 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 store, how many products you want to sell (since it would finally define the server requirements), and so on.
For a person who is just stepping into the market, defining all these requirements precisely can be difficult.
Therefore, in most scenarios, a good ecommerce platform is that which let them start at small cost and build up further as the business grows.
Yo!Kart is one such platform, which startups can try out.
It’s pricing starts at just $250 a year, which is cheaper than other platforms.
Are you looking to have a website built like Etsy? Interested in designing your website? Are you looking to hire a skilled developer or the web development company to build a website?
Request a Free Quote for your Website or Mobile App Development now…
You will get the perfect cost estimation by contacting to our IT consulting team.