Online Service Marketplace Platform is one of the few business ideas that focus less on upfront costs and logistics. You can easily start this business with a service marketplace software/solution/script and begins your business journey in the peer-to-peer industry.

Let’s discuss in details:

What is the service marketplace?

A service marketplace is a website or platform where service seekers can connect with service providers to get the required job done. Am admin who is also the owner of the marketplace manages the platform.

Examples of online service marketplaces are Fiverr, Upwork, and Thumbtack.

See the industry stats:

Following is a stat that shows the projected On-demand service industry in 2021. You can see that the online service Industry will grow double in 2021.

How does a service marketplace work?

As we discussed above, the main aim of these marketplaces is to connect service seekers with providers.

  • The service seekers register on the marketplace and list their respective jobs.
  • On the other hand, the service professionals register in a specific service category can access all the listed jobs of that particular category. They then apply for a particular job and send a quote to the seeker.
  • The service seeker analyses all the quotes or responses received and chooses the person that perfectly fits in his requirements.

Read in details: 

Read in details: https://www.fatbit.com/fab/service-professional-marketplace-work-feature-analysis-deciphers/

Types of the marketplaces:

How to Create a Service Marketplace Platform?

Here are some different options to build a service marketplace. You can choose the one that suits your needs.

  • Code from scratch
  •  Hire a team of programmers and pay them
  •  Use an online service marketplace script

Common features that every service marketplace should have:

  • Simple signup process (with social media)
  • Service seeker dashboard
  •  Service provider dashboard
  • Payment process ( integrated payment gateway)
  • Customer reviews and testimonials
  • Social media sharing
  •  Security
  • Smart notification system
  • Analytics
  • Communication is a two-way street

For more information on features:

please visit: https://www.fatbit.com/images/pdf/yogigs-features-list.pdf

How Yo!Gigs Helps You In Creating Your Online Service Marketplace?

YoGigs is a readymade service marketplace solution that helps you to create websites like Upwork, Freelancer, or Airbnb. It is a completely customizable and scalable solution, which comes with in-built features.

For more information, visit: https://www.fatbit.com/online-task-marketplace-solution.html