How can you attract vendors to a digital marketplace platform?
To increase marketplace popularity and achieve success, it is crucial to draw the attention of vendors. Explore the 7 best strategies to attract providers to a marketplace platform.
Hiring a trusted marketplace software development company is key to project success. A reliable provider will build a marketplace platform with business purposes in mind, ensuring compliance with a software requirement document and making meaningful recommendations if necessary. What’s more, an experienced IT partner can help you prepare a technical specification, prioritize features, choose a technology stack, and identify a type of architecture that will perfectly suit existing needs.
When looking for a trustworthy IT service vendor, customers should pay attention to multiple aspects, including hourly rates, time zone, specialty, portfolio, and awards. So, let’s take a look at the top 10 marketplace software development companies, starting from the lowest hourly rates and moving to the highest salaries.
Top 10 marketplace software development companies in 2021
1. MobileCoderz Technologies
Services rendered: custom software engineering
(web, mobile)
Hourly rates: < $25 / hr
Minimum project size: $5,000+
The number of employees: 50–249
Location: India
Website:
mobilecoderz.com
MobileCoderz is a provider of custom software engineering services that specializes in creating content management systems (CMS) and e-commerce solutions. Founded in 2015, MobileCoderz has proficiency in the Internet of Things (IoT), AR, VR, and machine learning (ML).
With solid experience in the e-commerce domain, MobileCoderz develops digital marketplace platforms that provide an engaging shopping experience. For example, a marketplace software development company built a mobile app that allows for purchasing cars, clothes, furniture, and other goods.
2. Arateg
Services rendered: custom software engineering
(mobile, web), UI/UX design, IT consulting
Hourly rates: $25–$49 / hr
Minimum project size: $20,000+
The number of employees: 10–49
Location: Belarus
Website:
arateg.com
Established in 2014, Arateg is a marketplace software development company that offers services to industries such as healthcare, e-commerce, food and hospitality, education, real estate, freelancing, as well as human resource management. Headquartered in Belarus, Arateg has representative offices in Germany and Switzerland.
To date, the team at Arateg has created more than 20 marketplaces, with 14 featured projects in its portfolio. For instance, Arateg has recently delivered a recruitment marketplace for a Canadian firm that now has over 80,000 monthly users in the country. Other solutions include a real estate website, an online lodging marketplace, an e-learning application, and a web healthcare marketplace. Arateg also develops marketplaces similar to Uber Eats and Amazon.
Helping startups and SMEs achieve their business objectives, Arateg follows best software engineering practices to achieve scalability, high availability, security, and compliance with the necessary regulations.
Recognized by trustworthy B2B review and rating platforms like Clutch, GoodFirms, AppFutura, DesignRush, Top App Firms, WADLINE, and The Manifest, Arateg specializes in making blockchain and data analytics solutions. What’s more, software experts at Arateg provide assistance in conducting competitor analysis, prioritizing features, outlining an implementation roadmap, choosing a technology stack and architecture.
3. Codica
Services rendered: custom web development (PWA,
SPA), SaaS development
Hourly rates: $25–$49 / hr
Minimum project size: $10,000
The number of employees: 10–49
Location: Ukraine
Website:
codica.com
Founded in 2015, Codica is a custom software engineering firm that specializes in building web and software-as-a-service (SaaS) solutions for travel, e-commerce, insurance, banking and finance. Based in Kharkiv, Ukraine, Codica delivers services to customers from the US, Israel, Australia, and Western Europe.
Recognized by multiple B2B review and rating platforms (e.g., Clutch, GoodFirms, The Manifest), Codica is among the leading marketplace software development companies in Ukraine. Featured projects are a multi-vendor vehicle marketplace, an accommodation search website, a global travel marketplace, and an online collaboration platform.
With extensive expertise in the field, the team at Codica develops marketplace applications while ensuring intuitiveness, performance, and scalability.
4. Webkul
Services rendered: custom software engineering
(mobile, web)
Hourly rates: $25–$49 / hr
Minimum project size: unknown
The number of employees: 200–500
Location: India
Website:
webkul.com
Established in 2010, Webkul is a marketplace software development company that builds multi-sided platforms for the e-commerce sector. Headquartered in India, Webkul has offices in the US and Italy. It is worth remarking that the organization specializes in making software products, such as customer relationship management (CRM) solutions and content management systems (CMS).
In addition, engineers at Webkul are able to create progressive web apps (PWA) and accelerated mobile pages (AMP). Having experience in AI and AR, Webkul delivers marketplace development services to either startups or corporations. Featured projects involve an online grocery delivery service and two e-commerce fashion marketplaces.
5. Cleveroad
Services rendered: custom software engineering
(web, mobile)
Hourly rates: $25–$49 / hr
Minimum project size: $10,000+
The number of employees: 50–249
Location: Ukraine
Website:
cleveroad.com
Founded in 2011, Cleveroad is a provider of web and mobile development services to industries such as healthcare, logistics, retail, e-commerce, fintech, and education. Having expertise in artificial intelligence (AI), robotic process automation (RPA), and virtual (VR) /augmented (AR) reality, the organization delivers software solutions to startups, small and medium-sized enterprises, as well as enterprise-level companies.
Recognized by various B2B review and rating platforms (e.g., Clutch, GoodFirms, AppFutura, WADLINE), Cleveroad has experience in e-commerce marketplace development. For instance, the firm’s featured projects in this field involve a global trading app (iOS, Android), a marketplace to find a specialist offering a certain kind of service (iOS, Android, web), and a platform for travelers to find a gym nearby (iOS, Android, web).
6. Uptech
Services rendered: custom software engineering
(web, mobile)
Hourly rates: $50–$99 / hr
Minimum project size: $25,000+
The number of employees: 50–249
Location: Ukraine, US
Website:
uptech.team
Founded in 2016, Uptech is an IT outsourcing vendor that offers full-cycle software development services to sectors such as fintech, healthcare, e-commerce, and hospitality. Headquartered in Kyiv, Uptech primarily works with startups and SMEs.
Featured by Clutch, GoodFirms, and DOU, a software engineering firm has already delivered dozens of products that include web and mobile (iOS, Android, cross-platform) applications.
7. Bilberrry
Services rendered: custom software engineering
(web, mobile)
Hourly rates: $100–$149 / hr
Minimum project size: $25,000+
The number of employees: 10–49
Location: US, Ukraine
Website:
bilberrry.com
Founded in 2010, Bilberry offers custom software engineering services to sectors like retail, e-commerce, as well as finance and banking. Based in Seattle, Bilberry has another office in Kyiv, Ukraine.
8. StartupCraft
Services rendered: custom software engineering (web
and mobile), blockchain development
Hourly rates: $100–$149 / hr
Minimum project size: $25,000+
The number of employees: 50–249
Location: US
Website:
https://startupcraft.io/
StartupCraft was started in 2015 to help startups and large enterprises address business challenges with the help of technological advancements. Headquartered in Miami, Florida, StartupCraft offers services to a variety of sectors that involve healthcare, wealth management, e-commerce, sports, digital media, and marketing.
It is worth noting that StartupCraft has vast experience in AI, in particular, deep learning. Besides programming, design, and testing, the organization provides assistance in carrying out a technical audit, conducting benchmarking, prioritizing features, and outlining a roadmap for implementation.
Being among the top web and mobile app development companies, StartupCraft also has experience in building marketplace software. Recently, for instance, StartupCraft launched a marketplace platform—powered by blockchain—that connects consumers with content creators across the globe.
9. Coding Pixel
Services rendered: custom software engineering
(mobile, web), blockchain development
Hourly rates: $100–$149 / hr
Minimum project size: $1,000
The number of employees: 10–49
Location: US
Website:
codingpixel.com
Founded in 2012, Coding Pixel is one of the top software development companies that have extensive experience in online marketplace creation. Delivering services to enterprises and SMEs, Coding Pixel has over 600 customers globally.
The organization builds various types of digital marketplace platforms (business-to-business, business-to-consumer, customer-to-customer, etc.) for industries like e-commerce, human resource management, freelancing, and entertainment.
For example, the team at Coding Pixel has recently launched a marketplace website that connects consumers with vendors operating in the beauty, fitness, and cosmetic surgery sectors. The firm also developed a web marketplace that allows churches to search and hire musicians. Other featured projects are an online collaboration platform for artists and influencers, as well as a freelance website for players.
10. CobbleWeb
Services rendered: custom software engineering
(web, mobile), UI/UX design
Hourly rates: undisclosed
Minimum project size: $10,000+
The number of employees: 10–49
Location: UK
Website:
cobbleweb.co.uk
Established in 2012, CobbleWeb is a marketplace software development company that helps startups, SMEs, and enterprises achieve their business goals. Headquartered in London, UK, CobbleWeb also has offices in Paris and Germany.
With solid experience in building web and mobile solutions, CobbleWeb provides full-cycle services, from the user interface (UI) / experience (UX) design to testing and deployment.
The team at CobbleWeb creates various types of multi-sided platforms, including B2B, B2C, and P2P marketplaces. Featured projects are a web marketplace to buy tickets for sports and entertainment events, as well as a platform—consisting of a website and mobile app—that acts as Airbnb's analog for parking.
The technology stack used by CobbleWeb comprises HTML, PHP, Symfony, and React.
Final words
While all marketplace software development companies mentioned above have considerable experience in delivering tailor-made solutions to many industries, it is important to hire an IT firm able to not only build a high-quality product but meet the budget.
A time zone is another aspect you should take into account, as communication is essential for effective cooperation. When choosing an IT service vendor, you should also consider industries served by the provider. With this aim in view, you can visit a website of a potential partner and check out its portfolio.
If you want to launch a digital marketplace platform, contact our team. We will get back to you within 1 business day and help address the required issues. Project consultation is for free.
