Build A Freelance Marketplace Website or App Like UpWork

 

The COVID-19 pandemic has forced many businesses to start hiring freelancers even if they previously hadn’t considered it at all. Freelancers are currently a force to reckon with. Their number is constantly expanding. So for anyone who is interested in starting a freelance marketplace website or app like upwork, Here is a road map to build a freelance marketplace website or app like Upwork

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1. Choose your business niche: First step in starting any course is to decide what course you want to create! Once you decide your niche, check how much demand it has in the market. You can see how high on demand is your niche with the help of Google Trends. Who will be interested in selling something no one is interested in? So, make sure the niche you are bringing to table is high on demand.

2. Decide on a marketplace business model: Deciding what type of marketplace business model is based on how you attract revenue to your marketplace website before starting to design your marketplace website/App.

There are many sources which generate revenue. They are,

1. Selling fees: Under the “Selling fees” model, you charge a portion of each sale that takes place through your freelancing marketplace. Your options include charging a flat fee, a percentage-based fee, or both.

2. Subscription fees: Deemed best for online marketplaces, this model will enable you to generate revenue in the form of regular monthly, quarterly, or yearly membership payments. Since subscription fees are stable, this type of model is very sustainable.

3. Payment processing and transaction fees: This model enables you to charge a small fee for every financial transaction that takes place in your marketplace. You get paid for processing membership, vendor earnings, advertising, and listing payments. Simply put, the more payments you process, the better.

4. Sponsored features: This can be a featured product or business profiles on the main page of a freelancing platform, or on top of listings.

5. Ads from 3rd party advertisers: This revenue model works similarly to the Sponsored features model but this time it’s the third-party companies who can advertise through your freelancing platform.

3. Finalize your requirements and Design: Once you are aware of what you need, what business model you are opting for, the next step is to create a visual identity and a user interface for your online freelance marketplace. The UX/UIdesign process usually includes several stages:

1. Analysis

2. Wireframing

3. Design

The user experience design can make your platform known as either convenient or annoying. Pleasant UX means users can focus on the main purpose of the system: learning and teaching. The LMS user interface design is often the main differentiation factor of the learning management system. Many elements can make a platform distinct, such as a signature color, icons, and custom animations. That’s why the visual component of the design should be eye-catching and memorable. Unique UI doesn’t just differentiate the product; it increases brand awareness. LMS interface design and user experience can increase the learning management system ROI ( Return on Investment) and help the content creators achieve their business objectives. Thus UX/UI is such an important factor in building a LMS business, since it can make you or break you.

4. Prototyping, Marketplace development and Testing: As soon as you have the graphic design, now you are almost ready to go and even test it with users in real time. It is very helpful in understanding the process, whether the assumptions you made earlier are working out or you have to think of an alternative. Now you have to develop the script with a team of engineers and test run it. 

5. Launch and ongoing improvement: Launching the website / App is never the final step! For any website/ software / App launched, it's never a one time affair, we have to improve constantly. You need to work on improving your product and scaling it. There is always something you can do better, just like there is always room for growth.

Know More:Where can I find the best Freelancer clone?

It's easier said than done, the above 5 steps are very expensive and cost you a fortune, but everything is possible nowadays! You can build a marketplace website or App like Upwork at an affordable price! Let us break the ice without further ado, it is by opting for a Upwork clone script. It doesn't require any coding knowledge nor is it too expensive. So, if you are looking to launch your Freelance Marketplace business, Checkout the top notch NetworkPlus, Upwork clone! Contact BSEtec for a demo and more details.