Services
Upsilon helps businesses build full-featured two-sided marketplaces that connect manufacturers, sellers, and buyers via centralized commercial hubs.
Leverage our expertise in marketplace development and unleash the power of network effects to trigger the exponential growth of your customer base, conversion rates, average transaction value, and, as a result, your business profitability.
Building a two-sided marketplace platform is a mutually beneficial decision for all parties ā customers, merchants, and the platform owner. Customers get access to a huge variety of products from multiple vendors. Manufacturers and sellers can achieve a large consumer outreach, raise their brand awareness, and boost sales. Marketplace owners generate profit through implementing monetization whether it Ńan be a subscription-based, commission, or flat payment model.
When it comes to creating a multi-vendor marketplace, you have a variety of opportunities. You can foster the competencies in-house or team up with Upsilon ā an experienced marketplace development company.
Building a marketplace is a multi-step process which is not equal to launching a basic online store that can hardly be distinguished from an army of clones. At Upsilon, we provide a comprehensive array of marketplace development services to help you create a full-fledged solution that could become a potential game changer for your business.
Your business can be 100% sure that every component of your platform - from responsive UI design to complex functional modules and integrations with third-party services will be delivered in time with the highest possible quality.
If you are going to build a two-sided marketplace, a website will always be at its core.
Bank on our web development expertise and develop a site with outstanding UI and UX, increased scalability, custom integrations, and advanced functionality powered by Big Data, Artificial Intelligence, and Internet of Things.
With mobile devices everywhere, customers want to access online stores directly from the palm of their hands via mobile apps.
Through powerful marketplace mobile applications we provide users with seamless shopping experience regardless of their device, screen resolution, and operating system.
We design visually appealing interfaces that encourage user engagement, nurture brand affinity, and increase a marketplaceās competitive advantage.
Integrate a payment gateway into your marketplace app to enable real-time transactions all over the globe. With such tools like Stripe, PayPal, Braintree you will automate payment processing and increase data security on your platform.
Take advantage of our managed DevOps services to accelerate the integration of new features into your marketplace and ensure fast and continuous delivery of updates to end users.
By combining well-tuned QA processes and sophisticated performance tracking tools, we ensure the stability, security and error-free functioning of your marketplace application.
We provide end-to-end marketplace development services that help our customers gain a competitive edge, streamline business workflows, and underpin a growing user base. Explore the highlight of our portfolio - a custom full-featured marketplace, harnessing the power of AI and providing instant art market data, price history, comparable works, and real-time estimates.
A global fine art marketplace that offers real time, data-driven art market analysis, peer-to-peer selling, and industry news.
Turn to our marketplace app development services to create a custom solution with a unique blend of features covering all aspects of marketplace administration and multi-vendor management.
From user authorization and content management to in-depth performance analytics and customer care, a marketplace application delivered by Upsilon will help you attract buyers and vendors globally, and reach your aspiring business goals.
Taking into consideration the purpose and complexity of your future platform, we choose the most suitable and cutting-edge programming languages, frameworks, and integrations to ensure that all functionality will be delivered according to requirements, in time, and without overruns.
Combined with our mature development process, these suite of tools help us create secure, scalable, and high-competitive marketplace applications.
By choosing Upsilon as a partner for a two-sided marketplace launch you pick a team of professionals who will help you:
From marketplaceās type definition and business model determination to engineering and continuous post-launch support, Upsilon will take care of you throughout the project lifecycle. Being an experienced marketplace development company, we elaborated a mature process that will help you stay within budget, prove product-market fit, gain competitive advantages, and, as a result, boost your business growth.
At its core, a multi-vendor marketplace is a platform where vendors can come together to sell their products or services to a curated customer base. Platform solutions of this type (they are often called ātwo-sided marketplacesā) can offer ample choices to the customer and high volume growth to vendors. The best part about marketplaces is the network effect. This means more buyers lead to more sellers, leading to more buyers, and so on. Once such a system sets in, it creates a great advantage for a company.
In fact, there are now hundreds of marketplaces you could potentially leverage to reach new customers. The most well-known examples are:
There are also niche online marketplaces like Bonanza and Fruugo, fashion-focused marketplaces such as Zalando and Fullbeauty, bargain-focused marketplaces such as Tophatter, and the list goes on.
It should be understood that calculations at the initial stage can never be precise. Basically, the cost of custom marketplace development is defined by such factors as the projectās 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 $50Kā$250K. At the same time, a marketplace solution created by developers from Western Europe will cost you approximately $100Kā$500K. Finally, if you decide to turn to a US-based firm, be ready to spend no less than $250Kā$900K.
