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How to Build Marketplace with No-code Fast and Cost-Effectively

How to Build It
You probably think that building a marketplace is a time and money-consuming process. Sometimes it is, especially if you opt for a coding marketplace from scratch. It could take up to 6 months to build a marketplace! But don’t get upset, we have great news for you. With the power of no-code, you can launch your marketplace in 6-12 weeks and up to 60% more affordable than traditional development. This article will discuss the advantages of creating a no-code marketplace and the most significant features to consider while picking a no-code tool to build it. 



What is a No-code Marketplace? 


The no-code marketplace is a common term referred to as the marketplace built with the help of no-code tools and builders. Such a marketplace will have the same logic of connecting sellers and buyers, with all typical eCommerce features like rating systems, item listings, profiles. The only difference is that you might never need to learn a programming language like Java or Python or work with complicated marketplace builders which exist on the market. It is possible with the help of no-code builders and tools. Let’s talk about no-code for a moment:

The main purpose of the no-code is to enable rapid software delivery, taking a visual approach to software development. Technically, the no-code method works via no-code platforms. Those platforms use visual drag and drop interfaces to create functionality, where you just move blocks around the screen and make your product in real life. The visual drag-and-drop interface is usually very simple to use, and all the app logic is happening in the background. Read more in our comprehensive article on no-code technology


Need a custom online marketplace built fast? We are a leader of no-code development with 15k+ experts ready to build your marketplace with the power of no-code. Book a free consultation, and we will help you start your marketplace business now!




Benefits of No-Code Marketplace 


You get many advantages when building your products with no-code, which is very true for creating a no-code marketplace. The main benefits are ease of development, flexibility, cost-effectiveness, feature-rich product offerings, simple support, and many more.  


  • Ease of development. No-code tools encourage non-specialized users to assemble powerful, features-rich marketplaces, without expecting to get a degree in software engineering or trusting that the tech team will create them for you.
  • Flexibility. Coded marketplace products can take months or years to finish and regularly run late and over financial plans. No-code tools help you to react to changes rapidly and effectively. No-code tools make your business more adaptive to the changing clients' requests, new market opportunities, and necessary product changes.t It’s just faster to change functionality and adapt if you build your marketplace without code.
  • Cost-effectiveness. Coded platforms have high expenses and the related expenditure of recruiting and onboarding. However, having full-time designers on staff isn't generally commonsense or practical. No-code tools can radically cut development costs by doing substantial work for you. Especially if you have long development cycles with such complex products as marketplaces.


Need a custom online marketplace built fast? We are a leader of no-code development with 15k+ experts ready to build your marketplace with the power of no-code. Book a free consultation, and we will help you start your marketplace business now.




Key Features To Consider When Building A No-code Online Marketplace


As you already have seen, no-code is a good option for creating marketplaces. So let’s talk about the main features you should consider when working on the marketplace by yourself or with the no-code development partner. 


Profiles


You need to allow the shops set up on the marketplace to create their own storefront or profile so that users/buyers can read about them and instill confidence in a purchase from them.


Item Listing


Your marketplace must have a simple set-up that allows the sellers to upload the products really simple. It will need to be a good user experience, making it possible to upload photos, descriptions, delivery information, product variations, and pricing.


The Product Page


The product page is the shop window for any seller on the marketplace, so it needs to be full of features that allow the user to showcase their products. It needs to be easy to navigate and use but customizable enough so that the seller can make their pages individual.


Comprehensive Search


Due to the varied nature of the products that can exist across a marketplace, you will need to implement complex search functionality that will allow people to search on multiple levels, including individual terms and categories.


Reviews


You should always build in the ability for buyers to review the shop and products on your marketplace, as this allows other users to come onto the site and get confidence in the place they are buying and in particular items.


The Shopping Cart


The buying process needs to be frictionless for the user. The marketplace is never the reason someone doesn’t purchase. Make sure you have a logical basket process, allowing the buyer to add items and continue shopping but easily return and checkout.


Payment Systems


A critical element to allow the seller on the marketplace to take transactions from site visitors. It should be connected to the shopping cart and the end delivery system to take payments as soon as delivery is made. It’s important to allow for a comprehensive refund set-up as well. 


Shipping


You want your buyers to have custom shipping methods within the marketplace that fit the products and services offered. 
This isn’t just about allowing different prices (and potentially changing the charge based on overall spend) but also selecting faster delivery options or click & collection.


Admin Interface


While a great user experience for sellers and buyers is the priority, the owner of the marketplace also needs to have the ability to manage the marketplace. This means the ability to make changes, control permissions, and monitor all activity across the marketplace. This interface should allow for quick changes, where possible, using permissions that mean administration elements can be automated. 


Need a custom online marketplace built fast? We are a leader of no-code development with 15k+ experts ready to build your marketplace with the power of no-code. Book a free consultation, and we will help you start your marketplace business now.


So what would be the best no-code tools to build marketplaces? You can see all of them in the next part of this article, and here is a sneak peek of no-code marketplace builders.