Syndicode
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4.9 on Clutch

Marketplace Development Company

As an experienced marketplace development company, we follow the latest industry trends to build custom platforms for buying and selling products online. Our digital solutions bring businesses massive traffic from search engines, high conversion rates, and thousands of satisfied end-users.

Online marketplace development services

Take a look at the whole range of services provided by our marketplace development company.

Types of marketplaces we build

  • Product marketplace

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    Setting up a marketplace website to sell physical or digital goods like Amazon, eBay, or Etsy? Syndicode will develop a fully custom platform with inventory management, payment processing, and shipping logistics or help you launch your marketplace using Shopify, Magento, WooCommerce, or others.

  • Service marketplace

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    Have an idea for connecting customers with service providers, like Upwork, TaskRabbit, or Fiverr? Our marketplace development company will help you create a robust platform with real-time availability, seamless booking, secure payments, and a reliable review system. We focus on user verification, service quality control, and flexible pricing to meet the unique needs of service-based businesses.

  • Booking marketplace

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    Enable users to book services like travel, accommodations, or event tickets—just like Airbnb, Booking.com, or OpenTable. Our marketplace development team will implement real-time availability, seamless reservation management, and dynamic pricing based on demand, seasonality, or vendor preferences.

  • Subscription marketplace

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    Leverage Syndicode’s online marketplace development services to create a platform offering products on a subscription basis. We’ll implement a recurring revenue model with automated billing, provide a secure and user-friendly CMS for effortless content creation, and integrate powerful analytics tools to track performance.

  • Multi-vendor marketplace

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    Create a marketplace that hosts multiple sellers offering a range of products or services. Our marketplace development team will implement a robust vendor management system with custom dashboards for both admins and vendors, along with an effective commission or revenue-sharing model.

  • B2B marketplace

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    Use Syndicode’s online marketplace development services to connect businesses with suppliers, wholesalers, or manufacturers. Our expert team builds high-performance platforms tailored for bulk purchasing, negotiations, and long-term contracts. We ensure secure transaction handling, automated invoicing and tax compliance, and credibility tools.

  • B2C marketplace

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    Build an Amazon-like marketplace that connects businesses directly with consumers. Our custom marketplace website development service prioritizes exceptional customer experience, fast transactions, personalized recommendations, order tracking, and SEO integrations to drive customer acquisition.

  • P2P marketplace

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    Have an idea for a platform where users can buy, sell, or trade goods and services, like Vinted or Airbnb? Syndicode’s marketplace app development will help you build a robust trust and reputation system with secure user verification, payment/escrow mechanisms, effective dispute resolution, and a mobile-first design for seamless access on the go.

  • Aggregator marketplace

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    Compile offerings from different providers under a single brand without owning the products or services, connecting users to trusted providers. Syndicode’s team will develop a scalable solution focused on price comparison, seamless user experience, and exceptional performance to deliver fast results.

Estimate my marketplace project

Tell us about your marketplace idea in a brief call, and we’ll provide you with a detailed estimate.

Set up call

How we develop online marketplaces

Syndicode is a full-cycle custom marketplace software development company. It means that we assist our customers at each stage of product development, from idea validation to after-launch maintenance and support. This way, we guarantee that our marketplaces will always be stable, relevant, and bug-free.

  • Discovery

    The marketplace website development process in our software development company starts with a discovery phase. During this process, Syndicode’s team shapes your marketplace concept, identifies key features, and creates a detailed project roadmap with timelines and milestones. In addition, we identify potential bottlenecks and the best ways to fix them. This approach is beneficial for companies since it allows them to validate their business ideas without investing too much money. As soon as we define the project complexity, we can provide customers with more accurate time and cost estimates.

    • Product vision
    • Project roadmap
    • Backlog
    • Design prototype
    • User flow
    • Project architecture
  • Design

    Unless you have your own design team, Syndicode provides digital product design services. Our UX/UI design team focuses on creating eye-catching and user-friendly marketplaces that allow businesses to stand out from competitors with similar products. After getting the key project requirements, they start working on wireframes, which are sketches without any colors or logos showing the position of elements on the web page. These wireframes are later developed into clickable prototypes, which suppose the first user interaction. The prototypes approved by the customers serve as the basis for the final UI design.

    • Design estimates
    • UX Flow
    • Mockups
    • User Stories
    • UI design
    • Сustom themes and icons
  • Development

    At Syndicode, we follow the principles of the Agile philosophy. We find this approach beneficial for both customers and our development team since it allows us to mitigate risks and achieve early and predictable delivery of high-quality software solutions. According to the philosophy of Agile, the marketplace website development process is split up into short sprints that usually last for two weeks. At the beginning of each sprint, we prioritize the tasks in the backlog. After that, our development team starts building the required functionality, which is further tested by the quality assurance engineers to make sure that there are no bugs. As soon as all bugs are fixed, the functionality is released to production. We use this approach whether we’re developing a complete solution, building a minimum viable product, or a prototype first to test core functionality with early users.

    • Plan
    • Develop
    • Test
    • Demo
  • Release

    It is the last and the most important stage of the custom marketplace development process when your software solution goes live and becomes accessible to end-users and search engines. The final version of the application is released to production, provided the quality assurance engineers did not find any bugs. It’s worth mentioning that we focus on quality from the start, involving our QA team in planning the architecture and choosing the right technology from the beginning. Throughout the software testing lifecycle, we perform continuous testing to catch issues early. This ensures your marketplace is secure and well-built and helps avoid expensive fixes later. At the same time, our development team writes technical documentation called release notes describing the crucial functional and non-functional changes that have been made. We cannot underestimate the importance of release notes since they show our customers the value of their product.

    • Deploy
    • Bug fix
    • Documentation
  • Support

    Syndicode understands how important it is for business owners to stay relevant and satisfy the ever-growing needs of their audience. For this reason, we are always ready to enhance existing solutions with new functionality and fix bugs that have been reported by end-users. Customers can use our support and maintenance services in two different ways. They can purchase a certain amount of hours per month. Alternatively, they can create a backlog of tasks that will be given to our marketplace development company. Here we recommend collecting tasks until they take at least eighty working hours. This way, you will be able to save on maintenance services.

    • Maintenance
    • QA
    • Adjustments

Testimonial

Syndicode put in the effort to dive deep into our requirements and what we’re trying to achieve. Above all, despite the many moving parts of the project, they do a great job executing what we want.

peter-d
Peter Owner, Harvest Inn

Syndicode marketplace industry expertise

Since 2014, we have been offering online marketplace development services. Over the years, we have gained vast industry knowledge that helped us learn how to build a marketplace in a fast, efficient, and secure way for any domain, be it e-commerce, traveling, education, or logistics.

  • Healthcare Arrow right

    Our marketplace development services for healthcare enable buyers to purchase the required medical equipment from the most reliable sellers.

  • Fashion Arrow right

    With the marketplace app development services provided by Syndicode for the fashion industry, brands get the opportunity to promote their clothes and accessories to the relevant audience.

  • Ecommerce Arrow right

    With our fast-loading and secure online marketplaces, buyers can quickly purchase the required item and sellers can promote their products and services to a wider audience.

  • Entertainment Arrow right

    We develop customized, robust, and user-friendly marketplace solutions to help media and entertainment companies engage with their audience and grow their business.

  • Education Arrow right

    By building educational marketplaces, our online marketplace development company creates an online environment that connects aspiring learners with high-quality education providers.

  • Rental Arrow right

    We create custom rental online marketplaces to connect rentals with lenders in the fastest and more convenient way.

  • Logistics Arrow right

    Our flexible centralized marketplaces for logistics offer users accurate information on rates and services of different logistics providers.

  • Travel Arrow right

    Travel online marketplaces allow services providers to showcase their sightseeing tours, holiday packages, and other products and services to relevant customers.

We build custom marketplaces for

All businesses, regardless of their size, will derive multiple benefits from online marketplace development services provided by Syndicode. The diverse marketplace functionality, be it an intuitive dashboard or convenient order management system, will allow them to increase the conversion rate and grow their profitability.

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    By using services provided by our online marketplace development company, well-established businesses will have the opportunity to improve their global online presence and enter foreign markets. They will attract more global visitors to their marketplace website, acquire more customers, and find new digital channels for communicating with their audience.

  • Small & medium businesses Arrow right

    Our marketplace development company can help small businesses find new ways to attract clients. We will build a custom platform that allows you to offer your products and services to a wide audience. The platform will also be equipped with intuitive dashboards that help you monitor your sales activities.

  • Startups Arrow right

    We offer online marketplace development services to help aspiring startups launch their marketplace and start generating revenue quickly and efficiently. Our development team focuses on intuitive, user-friendly functionality, and advanced security of payment information to allow entrepreneurs to establish long-term relations with both parties and increase the profitability of their business.

Work with marketplace gurus

At Syndicode, custom marketplace development has been our core focus since day one. With years of experience and a deep understanding of marketplace dynamics, we know how to build high-performing platforms. If you’re looking for a team that truly specializes in marketplace development, we’re your guys.

Hire now

Marketplace development tech stack

We use the most advanced technology stack to build stable, secure, and highly competitive marketplaces. We take into consideration the size and complexity of the future platform to choose programming languages, frameworks, and other tools best suited for this kind of project.

  • Front-end

    • Javascript
    • React JS
    • Typescript
    • Vue JS
  • Back-end

    • Ruby on Rails
    • Node.js
    • Python
  • Mobile

    • Swift
    • Kotlin
    • Objective-C
    • Flutter
    • Java
  • Databases

    • PostgreSQL
    • Elasticsearch
  • Infrastructure

    • Heroku
    • AWS
    • GCP
    • Azure
    • DigitalOcean

Reasons to outsource marketplace development

These days outsourcing marketplace development services has become second nature for an increasing number of businesses. The reasons below will show why you should follow their lead and partner with a reliable offshore software development agency to get your software solution built from scratch.

  • Cost-effectiveness

    If you are looking for ways to cut marketplace app development costs, you should try outsourcing. This way, you do not have to hire an in-house development team. Consequently, you save on hardware, software licenses, taxes, let alone salaries, compensations, and sick leaves. Besides, if you need to scale the team and add more specialists, you do not have to recruit relevant specialists. Your ​​marketplace development service partner will provide you with additional professionals.

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  • Great talent pool

    Another strong reason for outsourcing marketplace development services is the ability to hire talented specialists globally. You will not have any difficulties with finding a reliable team from another region where rates are lower than in your country. In this regard, we would recommend considering a partnership with an experienced marketplace development company from Eastern Europe. This way, you will get a high-quality custom marketplace platform at an affordable price.

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  • Risk mitigation

    When you turn to an experienced marketplace development service agency that builds custom marketplace software, you can expect the development process will run smoothly. Having extensive industry knowledge, specialists there will consider all potential risks and bottlenecks and find the most suitable solutions to address them. Apart from that, the development team will use the latest security standards to protect the payment information of your users from common threats.

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Frequently asked questions

  • How long does it take to create an online marketplace platform? Arrow right

    The amount of time required for building a marketplace software depends on several factors. The first one is the development approach. If you decide to use an out-of-the-box solution like Magento or Sharetribe, you will be able to create and launch your marketplace website in mere days. However, if you decide to invest in custom marketplace development, the process will take a bit longer. Another factor that influences the marketplace development time frames is the project complexity. The more advanced functionality you want to implement, the more time developers will need to build it.

  • How much does it cost to create a custom marketplace? Arrow right

    To start with, initial estimates can never be exact. They depend heavily on project details that are specified during the discovery stage. Basically, the cost of custom marketplace software development is influenced by such factors as the project’s complexity and location of the marketplace development company. For example, if you decide to outsource your marketplace project to an IT company from Eastern Europe, the price for a fully-fledged solution will vary between $80K–$289K. At the same time, a marketplace solution created by developers from Western Europe will cost you approximately $130K–$570K. Finally, if you decide to turn to a US online marketplace development company, be ready to spend no less than $240K–$820K.

  • Who will develop my marketplace? Arrow right

    Basically, you have three options. First, you can create an in-house team to build your marketplace from scratch. This option is quite expensive since you will have to purchase software licenses and hardware and pay salaries, compensations, sick leaves, and vacations. The benefits this option brings to your business are the high level of engagement and overall control over your marketplace project. Alternatively, you can hire freelance developers on websites like Upwork and Fiverr. However, be aware that the quality of marketplace development services can be far from perfect. Finally, the most reliable option is to partner with an experienced online marketplace development company. Their great expertise and vast industry knowledge will bring you a custom solution to help you launch and manage a profitable online marketplace business.

  • How does a marketplace business model work? Arrow right

    Generally, online marketplaces work the following way. A buyer looks for the required item on such websites. After finding it, the shopper adds it to the shopping cart and proceeds to checkout. Here the buyer should specify the payment and shipping details and process payment. After receiving the payment, the seller undertakes to send the item that has been purchased by the buyers within specific timeframes. As a result, the buyer gets the item needed, the seller receives payments for this product, and the platform owner as a mediator between two parties takes a commission from each transaction. It is worth saying that the transaction is not the only revenue model. Other popular monetization strategies include freemium, subscription, listing fees, and advertisements.

  • What’s the difference between custom marketplace development and platform-based? Arrow right

    With custom marketplace development, you get a fully tailored solution designed specifically for your business needs. A custom-built marketplace lets you choose every aspect, from design to functionality. With a custom solution, you own the code and data, ensuring greater security and the freedom to adapt as your business grows. Custom solutions also allow for unique integrations and features that align perfectly with your goals, without being restricted by pre-set templates or third-party constraints. On the other hand, platform-based solutions (e.g., made using Shopify, WordPress, or others) come with pre-built templates and some customization options, but they may limit your features and flexibility. While quicker to launch and often less expensive initially, these solutions can become restrictive as your business grows or requires unique functionality. You might face vendor lock-in, and scaling or adding new features can be challenging without the ability to modify the platform extensively. Additionally, you don’t have full control over the platform’s updates or data security, which can pose risks as your marketplace expands.