Online freelance marketplaces are witnessing rapid growth. Millions of people are turning to freelance as they feel more secure when having the opportunity to work from home and cooperate with several clients. SMEs and enterprises are hiring third-party contractors to develop short- and long-term projects while reducing costs. The COVID-19 pandemic has resulted in increased demand for remote services and, therefore, online freelance platforms. Upwork reports that 12% of the US specialists be...

When building a digital marketplace platform, it is crucial to offer a seamless user experience. By engaging customers, vendors of goods and services improve loyalty and retention, this way increasing revenues. As a result, marketplace owners will manage to generate higher profits through monetization. PwC, a worldwide provider of audit, assurance, tax, and consulting services, surveyed 15,000 people from 12 countries to assess the impact of user experience. Analysts found that: 73% of a...

Software technologies are evolving at a rapid pace allowing engineers to deliver quality mobile solutions while ensuring consistency across all mobile devices. Although 5-6 years ago the best option was to employ programming languages such as Java and Objective-C for making a native application, now the market offers cross-platform tools that enable engineers to achieve a native-like experience. Before building a software product to address business challenges, it is important to choose betw...

The popularity of digital platforms connecting hoteliers and travelers has significantly increased over the past decade. Accommodation booking websites allow for searching hotels or apartments by numerous parameters, assessing customer feedback, and making payments. Since the travel industry is expected to see rapid growth after the end of COVID-19, the development of an online lodging marketplace is an excellent investment opportunity. However, before building a marketplace platform, a ...

To create a marketplace platform, it is crucial to meet the needs of both vendors and consumers. For this purpose, engineers have to deliver modules for data analytics, online payments, order, shipping, and inventory management, especially when delivering a solution to e-commerce or manufacturing industries. Thanks to API marketplace software, companies can significantly reduce project costs and streamline development. This article describes the leading third-party services that you shou...

Today people prefer to order food using their mobile and web devices since this way is more convenient and time-saving. As a result, online food delivery marketplaces such as Uber Eats, Grubhub, Deliveroo, Postmaes, and DoorDash experienced a rapid increase over the past years. The COVID-19 pandemic accelerated the growth of food ordering applications that connect restaurants with consumers. Dealroom reports that the number of Grubhub app downloads jumped by 23% last year while installs of D...

You run over with a brand name regular and you don't understand it. Brand names are essentially the approved way alluding to a brand. Names which larger part of customers allude to as items, for example, Jacuzzi, Chapstick, Band-helps, and so forth are indeed explicit organization brand names. These names which the greater part of us perceive as items and impacted us as go-to things were really in the primer stage simply a few names. In any case, the makers of these scholarly properties were...

Online marketplace platforms have been witnessing rapid growth over the past years. Digital Commerce 360 informs that the volume of sales on marketplaces such as Alibaba, eBay, and Amazon accounted for 62% of global sales made on the web in 2020. Healthcare, e-learning, and gaming marketplaces are also gaining popularity, especially under the influence of the COVID-19 pandemic. According to the report published by Dealroom in 2020, marketplaces have a combined value of $814 billion worldwid...

Today many businesses are looking for convenient channels to distribute goods and services, reach a large audience, as well as cut down marketing and operating costs. Online marketplace platforms were designed to address these issues. Connecting vendors and customers, a marketplace allows them to make payments and orders in one place. An organization or individual doesn’t have to build and promote a website or application to deliver services but just create a profile and add relevant info...

Online marketplaces have become very popular over the past years, especially during the COVID-19 pandemic. Providing companies with the possibility to reduce start business costs and reach a large audience, they generally require just to create profiles and publish information about products or services. Although many people believe that this type of platform is only about online retailing, it is widely used across different sectors, for example, healthcare and education. Launching a market...

Based in Belarus, our custom software engineering company has delivered more than 50 projects to industries such as healthcare, e-commerce, insurance, education, finance and banking. Since 2014, we have been providing IT outsourcing services to organizations located mainly in the USA and Europe. Collaborating with CEOs and CTOs for over 6 years, our experts have helped them address hundreds of business and technical challenges. At the moment, we are witnessing the rapid growth of IT outsour...