Transforming How We Buy, Sell, and Connect Online
Tech giants and ambitious mid-market companies aren’t expanding alone - they’re leaning heavily on their partners to achieve global reach and advance their missions. These crucial partnerships are the driving force behind faster scaling, quicker innovation, and efficient entry into new markets.
According to a Digital Commerce 360 report, top 100 online marketplaces are expected to achieve an astounding $3.832 trillion in total Gross Merchandise Value (GMV) by the end of 2024, an impressive doubling of the market size in only 6 years. Given that ecommerce sales has grown by 7.6% in the U. S. market, the importance of online marketplaces cannot be overlooked.
Marketplaces connect sellers and buyers to fulfill a need for goods or services. Defining a service can be challenging, but our whitepaper delves into various definitions and also the differences between marketplaces selling goods versus those offering services.
Building a successful marketplace business model can be a challenging task. Even pioneers like BlaBlaCar, a well-known carpooling marketplace, had to test different approaches for over a decade before finding a profitable business model that sustained their growth.
Open-Side vs Blind-Side: Understanding the differences
If you are ready to build your marketplace to hire a mechanic and expand it without boundaries, reach out to us to discuss your project. With our full service marketplace solution you can have an entirely operational multi vendor marketplace in days without complex developments or unnecessary delays.
If you are ready to build your marketplace to hire professional movers and expand it without boundaries, SCND will deliver the full service SaaS marketplace solution that will make you succeed. Access the most feature-rich marketplace software and work together with a dedicated strategist to build your marketplace to hire professional movers and have it completely operational in days. Join the SCND community and work with us during all stages of the life cycle of your marketplace to identify best practices, onboard users and boost revenue. Build your marketplace to hire professional movers with the knowledge, experience and support only scnd can deliver.
SCND will deliver the full service marketplace solution you need to create your marketplace to find remodeling contractors. Reach out to us to discuss your marketplace business and we will provide you with your own personalized marketplace in 48 hours! No complex developments or unnecessary delays.
Our scnd experts understand all service marketplaces have different process and we have created a service-oriented SaaS marketplace solution that can fit the particular requirements of your marketplace to find a babysitter. Book per day, night or hours; fixed, variable or both commissions per transaction; different cancellation policies; multiple languages; geofencing and currencies… you define your marketplace business model to achieve your objectives.
Facebook is the world’s most popular social network with nearly 2.2 billion users of all ages worldwide, including nearly 38 million in France. For companies, this network is a great tool for exposure and allows you to promote your Service Marketplace, online appointment scheduling site, online booking site, etc.
2020 is a year that has proved to us how much the balance of the economic, monetary, health, stock and environmental markets can be disrupted by constant and inevitable changes. The fragility of the entire system has been illuminated by the covid 19 epidemic, putting the entirety of society to the test and challenging our ability to adapt to new challenges. For many years companies have had to constantly demonstrate their ability to be flexible, adaptable, to rethink or rebuild their products, distribution channels, and organizational methods. In other words they have had to prove they can change their business model to remain relevant.
Today 70% of the world’s added value is created by the sale of services. Although this is the case, few companies seem to realize the power that lies in the digitalization of these services. Digital standardization today allows service providers to multiply their offers because of digital technology. Despite this, the appropriate platform still needs to exist. Due to this, services create the need for digital platforms that allow them to be sold online. For companies, these needs represent great business opportunities that need to be seized. In this article, we will focus on the opportunities offered by the aftermarket of industrial equipment, for companies that are already involved in this.
The huge success of service marketplaces over the last few years is hard to miss but what has led to it? When looking deeper into this service boom, user experience and, more specifically, the search user experience stands out as one of the main drivers of this success. Building a good search user experience is not always easy and if you are wondering how to structure your marketplace’s search engine you are not alone. In this article we provide tips on how to build your marketplace’s search engine and we cover the main elements that will help your users find the services which they are looking for as easily and effortlessly as possible, even during the early stages when you don’t yet have many published listings.
Commoditised marketplaces: A Quick recap Classifying a service into commoditised or non-commoditised can be a tricky. While there is no absolute definition that helps you place your offerings into the first bucket or the latter, we believe the answer to one key question can give you a fair idea: 💡 “Is the service defined enough to be purchased online without prior discussion?” There is a range of inputs that goes into determining the scope of a service and its completion ie. the costs, conditions, timings, customers willingness to pay, labour charges. If customers are able to get past all of this by themselves and follow through to commit and pay for your service without having to speak with you, it would make it a commoditised service. Here, the key drivers that impact a customers decision have been rightly identified, and any information relating to them is either readily provided on the platform, or already known to the customer. Thus, eliminating the need for discussion prior to purchase. The steps to avail these services are usually identical and have been standardised, even though the experiences may vary.
The huge success of service marketplaces over the last few years is hard to miss but what has led to it? When looking deeper into this service boom, user experience and, more specifically, the search user experience stands out as one of the main drivers of this success.
At scnd, our ambition is to provide entrepreneurs with the keys to success in an ambitious and innovative business. Over the past several years, we have had the opportunity to create hundreds of service marketplaces and support companies from extremely diverse backgrounds. Our experience has enabled us to observe that too many areas of activity suffer from a lack of entrepreneurial initiatives, which represent opportunities to create start-ups. In this article, we will delve into the opportunity offered by the aftermarket sale of industrial equipment.
Why build your temporary workers marketplace? At Second we understand that service marketplaces are not all the same and we have developed an all-round SaaS marketplace solution that can meet the particular needs of your marketplace to hire temporary workers. Hire per hour, per day or per night; variable, fixed or combined commissions per transaction; custom cancellation policies; geofencing; multiple currencies and languages… you decide your marketplace business model so it is aligned with your goals. If you aim to become an industry leader, the Second marketplace solution will deliver both the technical capabilities and personalized strategic support to successfully build your marketplace to hire temporary workers. Access our feature-rich marketplace software and work closely with a dedicated Second strategist to identify best practices, onboard users, go live and grow your marketplace without any restrictions, even across borders.
Our experience has shown that the success of a new marketplace is mainly based on two pillars: powerful marketplace software and strategic support. With that in mind, we have created our scnd SaaS marketplace solution, which combines the most feature-rich marketplace software with tailored support from a dedicated scnd strategist to work together during the entire life cycle of your marketplace.
