Are you looking for buy-sell classified mobile app development? You need to first understand what is the objective of building a buy-sell classified app and what are the things to be considered in a buy-sell classified mobile app development. This article will guide you on each process and will let you have a clear knowledge of the buy-sell classified mobile app development.
The demand for online marketplaces stays high all the time as people find it cool to buy and sell online. When we talk about the online marketplace, an eCommerce website and a classified website are both defined as an online marketplace. But both vary in their functions and features which major audiences fail to understand. In the process of buy-sell classified mobile app development, we need to first understand what a buy-sell classified app is.
What is buy-sell classified mobile app development?
The buy-sell classified mobile app enables users to buy, sell, and rent products that include properties, gadgets, furniture, pets, and many more. The entire buying and selling happen within the platform with just a few clicks.
The classified buy-sell app has a huge reach when compared with any other eCommerce business model. These platforms cover B2B, B2C, and also C2C business platforms. OLX and Craigslist are a few examples of buy-sell classified platforms.
Hope you have understood what a buy-sell classified mobile app is about. Now we need to have a firm reason for preferring buy-sell classified mobile app development. Let us find out the genuine reasons for investing in this platform.
Why do you need to invest in buy-sell classified mobile app development?
Better user engagement – Reaching a wider audience through a mobile app will support you in getting user engagement with your classified business which in turn will increase the conversions.
Enhanced user experience – The easy-to-use buy-sell classified app will offer more convenience to users to buy and sell goods. Multiple features like location-based search, real-time notification, and map integration will boost user experience.
Increases revenue – The buy-sell classified app will be integrated with multiple revenue streams that will let the admin get more income from multiple channels.
Competitive advantage – The competition is fierce and you need to stand alone in the market which is possible only by building a mobile app for your buy-sell classified business. Many of your competitors are still using the website alone.
Interesting stats about online buy-sell classified business
- The online classified ads market is expected to have 9.5% growth every year from 2020 to 2026.
- The classified ads market evaluation in India has reached Rs. 7200 crores in 2020 which was just 2900 crores in 2015.
- Craigslist is listed to be the top buy-sell classified platform as it has crossed $1 billion despite there is huge competition in the market.
- In India, OLX is the most popular online classified app that holds more than 350 million active users and has crossed $1.2 billion in revenue.
Things to consider in buy-sell classified mobile app development.
Classified mobile app development is a challenging process that needs more market understanding. Several factors need to be considered if you are serious about buy-sell classified mobile app development. Let us identify those crucial factors for better understanding.
User-friendly interface – This is the most crucial aspect that every classified app needs to have. This will attract a larger audience. A simple and intuitive design will gain the attention of visitors and help to have better conversion.
Customization – Every business has its demands and goals. Customers’ buying journeys keep changing along with technological advancement. The platform needs customization and should keep it fit for all user groups.
Revenue models – The main objective of building a classified app is to make revenue. You need to have multiple revenue streams integrated with your platform. You can be clear with all revenue channels that are to be present with the platform.
Platform security – Online buying and selling have a major threat to security. People may not risk entering their personal and credit card details if they find the platform to be unsafe. You need to make sure that your platform is secured with SSL certification and strictly follows all security standards.
Multilingual support – If you are focusing on a global audience then your platform should support multiple languages that will let users from any part of the world access your platform at ease and also increase user experience.
Benefits experienced through buy-sell classified mobile app development
Every online classified business experience has a list of benefits that will make them move further with their business. You should get to know those benefits that will motivate you in buy-sell classified mobile app development.
Cost-effective approach
Building a buy-sell classified mobile app can be very affordable if you go for a ready-to-deploy classified script. There are also options like you can define the app development company about which classified platform you prefer for your business. According to your preference, you can select OLX clone, Craigslist Clone, job classified script, or any classified script. You can instantly launch your classified clone app with all similar features with less spending.
Enlarge your customer base
The world has become a global village with the help of Internet services. Communication has become easier and people can visit the classified websites and can post their products. Others can view products and order, pay for them online and get them delivered. This convenience that your buy-sell classified mobile app gives customers will help you to acquire more new customers and increase your customer base.
Easy to manage
Every classified business owner once had a tough time managing their traditional classified ads business. They need to check on each seller who is making a profit out of their business. Also, many customers may visit the business and would have left without leaving their details.
Understanding their preferences has always been a challenge. But today, with the help of an effective online classified app, the owner can track all sellers and buyers and also can have insights about visitors who have entered the platform even though they haven’t purchased anything with the platform.
Availability
The buy-sell classified mobile app is available round the clock for sellers to post their ads and buyers to buy their products. It is not necessary that the admin to be awake to handle every sale that is carried out in non-business hours. All major operations are automated and without any manual support, the ordering process is easily carried out.
Limitless sales
The classified business owner may not worry about product maintenance as he will provide service alone to connect buyers with sellers. There is no burden about inventory maintenance and so he can have limitless sellers and buyers and can also be assured to have limitless sales.
Monetization opportunities gained through buy-sell classified mobile app development
While planning for buy-sell classified mobile app development, you need to set the monetization strategies that will get you better returns. Now let us find out what are the common ways of monetizing your buy-sell classified mobile app in detail.