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  • Writer's pictureHannah Ross

Have You Always Wanted to Build a Marketplace? Here are 3 Stellar Ideas that You Can Run with:

The world of online marketplaces is ever-changing and continues to shift and expand as consumers pursue e-commerce first solutions that provide an unmatched user experience that enables efficiency and convenience. Building an online marketplace is an unparalleled business venture that enables you to stimulate your local economy while generating an additional revenue stream or income by providing a hub for unique supply that consumers may not be able to conveniently access elsewhere.

What is an Online Marketplace?

An online marketplace can simply be defined as an ecommerce platform that connects two or more parties to complete a transaction. Online marketplaces fall within a category of multichannel ecommerce and are often used to streamline the production process by connecting buyers and sellers through a distributor’s website or application. These platforms act as a digital middleman by connecting buyers and sellers to efficiently conduct transactions. Buyers are blessed with the power of choice, and sellers are able to open themselves up to an entire community of customers and potential advocates.

Founding a Marketplace is an Exciting Business Venture

Developing an online marketplace is an exciting and rewarding business venture. Maybe you have an original marketplace idea and need help bringing your vision to life through design thinking and development? Or maybe, you're intrigued by the possibility of building your very own online marketplace but you need a little inspiration or help to come up with a solid idea?

If you have an awesome idea for an online marketplace and need help bringing your idea to fruition, you can click here to book a complimentary call with an experienced marketplace expert. If you’re obsessed with the idea of creating your own lucrative online marketplace but don’t know where to start, you can continue reading and get inspired by some of these original ideas.

Connect Restaurateurs with State-of-The-Art Kitchen Facilities

A ghost kitchen is a professional food preparation and cooking facility that is normally used by restaurant owners, chefs, or entrepreneurs to prepare takeout meals so they can operate and serve food without the overhead costs of owning or renting a restaurant space.

The COVID-19 pandemic has plagued the service industry and many business owners have had to pivot and embrace the ghost restaurant model in order to stay in business and continue to serve their customers. Makers are continuing to embrace the ghost kitchen model as it enables them to cut costs while continuing to do what they love.

So, what if there was an online marketplace that connected restaurateurs with state-of the-art kitchen facilities? This platform could theoretically house tens of thousands of available cooking spaces that restaurateurs could browse, and book based on their preferences, eliminating the stress of going out of business or locating an adequate cooking space in a pinch.

Pair Personal Trainers and Fitness Experts with the Ideal Client

What if you could provide consumers with the ability to find the perfect personal trainer to help them reach their fitness goals? What if you took it one step further by enabling them to browse numerous experts that could meet them at their home with a custom fitness plan that would be tailored to their exact needs?

Now look at it from the opposite side of the coin and envision the opportunity from the personal trainer or fitness expert’s perspective. Your online marketplace could provide these professionals with a platform that could be used to reach and connect with potential clients.

Consumers and business owners alike are looking for new ways to adapt in a post-pandemic world and a marketplace that connects personal trainers and fitness experts with those looking to improve their health with customized, at-home training sessions could prove to be a very lucrative opportunity.

Non-Profit Rehab and Counselling Services Made Easy

Addiction and mental health are both unfortunately common struggles that plague our society. What if those struggling or in need of support could easily access the tools and resources they need when they need them most?

An online marketplace designed to connect therapists, counsellors, or mental health experts with those in need could alleviate the added pressure of sourcing adequate help while simultaneously making resources like counselling, therapy, and support more accessible. Are you interested in chatting about this idea? We would love to help!

Interested in Learning More?

Are you interested in learning more about the world of marketplaces? Click here to book a complimentary 30-minute consultation or here to check out one of our recent blogs!


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