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Akshat Aggarwal

Stealth • 6m

Calling out all experts ! 🙋 Building a marketplace from scratch is no walk in the park. So, I'm turning to the fellow experts how can one build a killer consumer marketplace from scratch. What features are MUST-HAVES for initial launch? Should

Hawk

Stealth • 6m

Building one from scratch is waste of investment, I would recommend use a low cost solution like Shopify to start it off then at the backend hire someone to create something custom for the long run. As for the traffic, use IG content and ads to beg

Akshat Aggarwal

Stealth • 6m

Great advice! 💯 One more question I would like to raise: How will you solve chick and egg problem? I mean unless you have a good traction you can't provide good discounts and competitive prices and unless you have competitive prices you can't get traction. What are your nuggets of wisdom on this ?

1 replies

Replies (1)

Hawk

Stealth • 6m

Well I’m not a big fan of product discounts or competitive pricing. I would rather have my product & service speak for themselves. Prime example of this is “Zdio” even though they offered clothing at cheaper rates but they are still called a cheap rip off of premium brands. Offering discounts and competitive pricing isn’t always a proper use case in the online e-commerce segment.

0 replies

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