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Mohit Kumar

Building ElevateRes.... • 10m

Here are my 4 lessons to avoid chicken or egg problem in marketplaces. ( Implementing in UnleashIT) 1. Target your niche first: Find the small groups in your community that care most about your marketplace. Ex: Uber started with “rich bros” getting black cabs in SF. 2. Choose the hard side first: See, for your marketplace which is harder to get. Is it supply? or demand? And focus on the hard part at first. 3. Make something free suddenly: Taking something that used to have a cost and instead offering it for free can attract more users to your platform. 4. Set a demand constraint:  Fiverr's pricing was initially limited to $5 to focus on executing a single value proposition effectively and provide a simple reason for everyone to use the platform. If you are interested in building a marketplace startup and business related content, do follow.

0 replies8 likes

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How do you manage your academic studying and developing your skill at the same time, I find it hard to focus on both.

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Sanket Bhosale

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Find your singular ICP. Singular: - Offer - Problem - Niche - Client And grind the sh*t out of it. Stop diminishing your focus by trying to succeed in many. Succeed in one first.

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kamal p

Tech-enthusiast • 10m

Ecommerce app for imported items like Temu Temu is marketplace for cross border items which lets foreign brands and retailers to sell in US. Think of it like an Aliexpress having warehouse in India and selling in India. Currently no marketplace fo

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Mahendra Lochhab

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Lamborghini Sold Out Till 2027 In India Due To Massive Demand. In 2024, Lamborghini sold 113 cars in India, marking a 10% rise from the previous year and surpassing three-digit sales for the first time.

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kamal p

Tech-enthusiast • 11m

Cross border b2b marketplace which makes it easier for businesses to procure goods from/in India. Don't think there is a big player as of yet. Share your views

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