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Frequently Asked Questions About Founding a Marketplace!

In Summary:

This FAQ page provides practical guidance for marketplace founders, from developing an effective pre-launch strategy to balancing initial supply and demand, successfully launching your marketplace, and achieving sustainable growth through finding Product-Market Fit.

Image by Alvaro Reyes

01

Discovering your marketplace idea is a thrilling moment, filled with inspiration and potential. Clarify and solidify this concept by asking the right initial questions.

04

Choosing a reliable technical partner significantly influences the quality, speed, and success of your marketplace build.

07

Addressing the marketplace chicken-and-egg dilemma effectively ensures your launch succeeds by balancing supply and demand.

02

Validating your marketplace idea is critical to confirm market demand and viability, ensuring you invest resources wisely.​

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05

Preparation before development starts ensures smoother processes, clear expectations, and reduced risk of costly mistakes.

08

Actual development brings your marketplace to life, emphasizing structured workflows, agile practices, and iterative feedback.

03

Thoughtful planning ensures efficient development, alignment of resources, and clarity of vision and goals.

​

06

Actual development brings your marketplace to life, emphasizing structured workflows, agile practices, and iterative feedback.

​

09

Actual development brings your marketplace to life, emphasizing structured workflows, agile practices, and iterative feedback.

Image by Felix Mittermeier
Your Aha Moment to Start a Marketplace
  • Where do I start to create my online multi-vendor marketplace?
    To get started, it couldn't be easier. Simply fill out our Contact form and we will be in touch to schedule an online call as soon as possible. We know trying to communicate all of the complex areas of your marketplace is difficult over email. Your business deserves a video call. Check out our Platform Partners in the meantime.
  • I have a marketplace idea, what's next?
    It is wonderful that you have the next biggest marketplace idea for 2023! We'd love to be a part of it with you in any capacity. We'll work with you to flush out all of the details from Branding, Personas, to Prototyping. Our partnership is more than just developing your idea, it is also educating you along the way!
  • How much does it cost to develop a marketplace?
    The cost will depend on various factors such as urgency, complexity, and budget. Typically, we will begin with a 3—to 6-month Design contract to flush out the details and create prototypes, resulting in a package of assets you'll need to begin development. You have the option of using Sharetribe Flex, which we can launch in 4 to 18 months from the $20,000 to $250,000 USD range.
  • Should I create an MVP marketplace first and then come to see Marketplace Studio?
    You can certainly create a proof-of-concept first before coming to see us! We recommend using Sharetribe Go to prove your model as quickly and as cost-effectively as possible. We can help at any stage, Pre-Product, Post-Launch, V2 Build, or Re-Platforming.
  • What about confidentiality and IP ownership?
    When you submit a project proposal through our website or any other method of communication, Marketplace Studio is obliged to keep your idea safe & private under a Non-Disclosure & IP Agreement. This agreement essentially says that we will not make any information you tell us public without your written consent.
Aha
How Do I Research & Validate My Marketplace Idea?
  • Where do I start to create my online multi-vendor marketplace?
    To get started, it couldn't be easier. Simply fill out our Contact form and we will be in touch to schedule an online call as soon as possible. We know trying to communicate all of the complex areas of your marketplace is difficult over email. Your business deserves a video call. Check out our Platform Partners in the meantime.
  • I have a marketplace idea, what's next?
    It is wonderful that you have the next biggest marketplace idea for 2023! We'd love to be a part of it with you in any capacity. We'll work with you to flush out all of the details from Branding, Personas, to Prototyping. Our partnership is more than just developing your idea, it is also educating you along the way!
  • How much does it cost to develop a marketplace?
    The cost will depend on various factors such as urgency, complexity, and budget. Typically, we will begin with a 3—to 6-month Design contract to flush out the details and create prototypes, resulting in a package of assets you'll need to begin development. You have the option of using Sharetribe Flex, which we can launch in 4 to 18 months from the $20,000 to $250,000 USD range.
  • Should I create an MVP marketplace first and then come to see Marketplace Studio?
    You can certainly create a proof-of-concept first before coming to see us! We recommend using Sharetribe Go to prove your model as quickly and as cost-effectively as possible. We can help at any stage, Pre-Product, Post-Launch, V2 Build, or Re-Platforming.
  • What about confidentiality and IP ownership?
    When you submit a project proposal through our website or any other method of communication, Marketplace Studio is obliged to keep your idea safe & private under a Non-Disclosure & IP Agreement. This agreement essentially says that we will not make any information you tell us public without your written consent.
Image by Firmbee.com
Research
Image by Kelly Sikkema
How Do I Thoroughly Plan To Build My Marketplace?
  • Where do I start to create my online multi-vendor marketplace?
    To get started, it couldn't be easier. Simply fill out our Contact form and we will be in touch to schedule an online call as soon as possible. We know trying to communicate all of the complex areas of your marketplace is difficult over email. Your business deserves a video call. Check out our Platform Partners in the meantime.
  • I have a marketplace idea, what's next?
    It is wonderful that you have the next biggest marketplace idea for 2023! We'd love to be a part of it with you in any capacity. We'll work with you to flush out all of the details from Branding, Personas, to Prototyping. Our partnership is more than just developing your idea, it is also educating you along the way!
  • How much does it cost to develop a marketplace?
    The cost will depend on various factors such as urgency, complexity, and budget. Typically, we will begin with a 3—to 6-month Design contract to flush out the details and create prototypes, resulting in a package of assets you'll need to begin development. You have the option of using Sharetribe Flex, which we can launch in 4 to 18 months from the $20,000 to $250,000 USD range.
  • Should I create an MVP marketplace first and then come to see Marketplace Studio?
    You can certainly create a proof-of-concept first before coming to see us! We recommend using Sharetribe Go to prove your model as quickly and as cost-effectively as possible. We can help at any stage, Pre-Product, Post-Launch, V2 Build, or Re-Platforming.
  • What about confidentiality and IP ownership?
    When you submit a project proposal through our website or any other method of communication, Marketplace Studio is obliged to keep your idea safe & private under a Non-Disclosure & IP Agreement. This agreement essentially says that we will not make any information you tell us public without your written consent.
Planning
How Can I Find The Right Technical Partner or Co-Founder?
  • Where do I start to create my online multi-vendor marketplace?
    To get started, it couldn't be easier. Simply fill out our Contact form and we will be in touch to schedule an online call as soon as possible. We know trying to communicate all of the complex areas of your marketplace is difficult over email. Your business deserves a video call. Check out our Platform Partners in the meantime.
  • I have a marketplace idea, what's next?
    It is wonderful that you have the next biggest marketplace idea for 2023! We'd love to be a part of it with you in any capacity. We'll work with you to flush out all of the details from Branding, Personas, to Prototyping. Our partnership is more than just developing your idea, it is also educating you along the way!
  • How much does it cost to develop a marketplace?
    The cost will depend on various factors such as urgency, complexity, and budget. Typically, we will begin with a 3—to 6-month Design contract to flush out the details and create prototypes, resulting in a package of assets you'll need to begin development. You have the option of using Sharetribe Flex, which we can launch in 4 to 18 months from the $20,000 to $250,000 USD range.
  • Should I create an MVP marketplace first and then come to see Marketplace Studio?
    You can certainly create a proof-of-concept first before coming to see us! We recommend using Sharetribe Go to prove your model as quickly and as cost-effectively as possible. We can help at any stage, Pre-Product, Post-Launch, V2 Build, or Re-Platforming.
  • What about confidentiality and IP ownership?
    When you submit a project proposal through our website or any other method of communication, Marketplace Studio is obliged to keep your idea safe & private under a Non-Disclosure & IP Agreement. This agreement essentially says that we will not make any information you tell us public without your written consent.
Coding
Dev Partner
Digital Animator
What's The Best Way To Design My Marketplace Before Development?
  • Where do I start to create my online multi-vendor marketplace?
    To get started, it couldn't be easier. Simply fill out our Contact form and we will be in touch to schedule an online call as soon as possible. We know trying to communicate all of the complex areas of your marketplace is difficult over email. Your business deserves a video call. Check out our Platform Partners in the meantime.
  • I have a marketplace idea, what's next?
    It is wonderful that you have the next biggest marketplace idea for 2023! We'd love to be a part of it with you in any capacity. We'll work with you to flush out all of the details from Branding, Personas, to Prototyping. Our partnership is more than just developing your idea, it is also educating you along the way!
  • How much does it cost to develop a marketplace?
    The cost will depend on various factors such as urgency, complexity, and budget. Typically, we will begin with a 3—to 6-month Design contract to flush out the details and create prototypes, resulting in a package of assets you'll need to begin development. You have the option of using Sharetribe Flex, which we can launch in 4 to 18 months from the $20,000 to $250,000 USD range.
  • Should I create an MVP marketplace first and then come to see Marketplace Studio?
    You can certainly create a proof-of-concept first before coming to see us! We recommend using Sharetribe Go to prove your model as quickly and as cost-effectively as possible. We can help at any stage, Pre-Product, Post-Launch, V2 Build, or Re-Platforming.
  • What about confidentiality and IP ownership?
    When you submit a project proposal through our website or any other method of communication, Marketplace Studio is obliged to keep your idea safe & private under a Non-Disclosure & IP Agreement. This agreement essentially says that we will not make any information you tell us public without your written consent.
Pre-Development
How Can I Know If My Marketplace Is Being Developed Right?
  • Where do I start to create my online multi-vendor marketplace?
    To get started, it couldn't be easier. Simply fill out our Contact form and we will be in touch to schedule an online call as soon as possible. We know trying to communicate all of the complex areas of your marketplace is difficult over email. Your business deserves a video call. Check out our Platform Partners in the meantime.
  • I have a marketplace idea, what's next?
    It is wonderful that you have the next biggest marketplace idea for 2023! We'd love to be a part of it with you in any capacity. We'll work with you to flush out all of the details from Branding, Personas, to Prototyping. Our partnership is more than just developing your idea, it is also educating you along the way!
  • How much does it cost to develop a marketplace?
    The cost will depend on various factors such as urgency, complexity, and budget. Typically, we will begin with a 3—to 6-month Design contract to flush out the details and create prototypes, resulting in a package of assets you'll need to begin development. You have the option of using Sharetribe Flex, which we can launch in 4 to 18 months from the $20,000 to $250,000 USD range.
  • Should I create an MVP marketplace first and then come to see Marketplace Studio?
    You can certainly create a proof-of-concept first before coming to see us! We recommend using Sharetribe Go to prove your model as quickly and as cost-effectively as possible. We can help at any stage, Pre-Product, Post-Launch, V2 Build, or Re-Platforming.
  • What about confidentiality and IP ownership?
    When you submit a project proposal through our website or any other method of communication, Marketplace Studio is obliged to keep your idea safe & private under a Non-Disclosure & IP Agreement. This agreement essentially says that we will not make any information you tell us public without your written consent.
Writing on yellow post-it notes
Development
Egg
What's The Best Pre-Launch Strategy To Solve The Chicken & Egg Problem?
  • Where do I start to create my online multi-vendor marketplace?
    To get started, it couldn't be easier. Simply fill out our Contact form and we will be in touch to schedule an online call as soon as possible. We know trying to communicate all of the complex areas of your marketplace is difficult over email. Your business deserves a video call. Check out our Platform Partners in the meantime.
  • I have a marketplace idea, what's next?
    It is wonderful that you have the next biggest marketplace idea for 2023! We'd love to be a part of it with you in any capacity. We'll work with you to flush out all of the details from Branding, Personas, to Prototyping. Our partnership is more than just developing your idea, it is also educating you along the way!
  • How much does it cost to develop a marketplace?
    The cost will depend on various factors such as urgency, complexity, and budget. Typically, we will begin with a 3—to 6-month Design contract to flush out the details and create prototypes, resulting in a package of assets you'll need to begin development. You have the option of using Sharetribe Flex, which we can launch in 4 to 18 months from the $20,000 to $250,000 USD range.
  • Should I create an MVP marketplace first and then come to see Marketplace Studio?
    You can certainly create a proof-of-concept first before coming to see us! We recommend using Sharetribe Go to prove your model as quickly and as cost-effectively as possible. We can help at any stage, Pre-Product, Post-Launch, V2 Build, or Re-Platforming.
  • What about confidentiality and IP ownership?
    When you submit a project proposal through our website or any other method of communication, Marketplace Studio is obliged to keep your idea safe & private under a Non-Disclosure & IP Agreement. This agreement essentially says that we will not make any information you tell us public without your written consent.
Pre-Launch
Should I Have a Launch Party For My Marketplace?
  • Where do I start to create my online multi-vendor marketplace?
    To get started, it couldn't be easier. Simply fill out our Contact form and we will be in touch to schedule an online call as soon as possible. We know trying to communicate all of the complex areas of your marketplace is difficult over email. Your business deserves a video call. Check out our Platform Partners in the meantime.
  • I have a marketplace idea, what's next?
    It is wonderful that you have the next biggest marketplace idea for 2023! We'd love to be a part of it with you in any capacity. We'll work with you to flush out all of the details from Branding, Personas, to Prototyping. Our partnership is more than just developing your idea, it is also educating you along the way!
  • How much does it cost to develop a marketplace?
    The cost will depend on various factors such as urgency, complexity, and budget. Typically, we will begin with a 3—to 6-month Design contract to flush out the details and create prototypes, resulting in a package of assets you'll need to begin development. You have the option of using Sharetribe Flex, which we can launch in 4 to 18 months from the $20,000 to $250,000 USD range.
  • Should I create an MVP marketplace first and then come to see Marketplace Studio?
    You can certainly create a proof-of-concept first before coming to see us! We recommend using Sharetribe Go to prove your model as quickly and as cost-effectively as possible. We can help at any stage, Pre-Product, Post-Launch, V2 Build, or Re-Platforming.
  • What about confidentiality and IP ownership?
    When you submit a project proposal through our website or any other method of communication, Marketplace Studio is obliged to keep your idea safe & private under a Non-Disclosure & IP Agreement. This agreement essentially says that we will not make any information you tell us public without your written consent.
Microphones
Launching
Moving People
How Do I Find Product-Market-Fit (PMF) For My Marketplace?
  • Where do I start to create my online multi-vendor marketplace?
    To get started, it couldn't be easier. Simply fill out our Contact form and we will be in touch to schedule an online call as soon as possible. We know trying to communicate all of the complex areas of your marketplace is difficult over email. Your business deserves a video call. Check out our Platform Partners in the meantime.
  • I have a marketplace idea, what's next?
    It is wonderful that you have the next biggest marketplace idea for 2023! We'd love to be a part of it with you in any capacity. We'll work with you to flush out all of the details from Branding, Personas, to Prototyping. Our partnership is more than just developing your idea, it is also educating you along the way!
  • How much does it cost to develop a marketplace?
    The cost will depend on various factors such as urgency, complexity, and budget. Typically, we will begin with a 3—to 6-month Design contract to flush out the details and create prototypes, resulting in a package of assets you'll need to begin development. You have the option of using Sharetribe Flex, which we can launch in 4 to 18 months from the $20,000 to $250,000 USD range.
  • Should I create an MVP marketplace first and then come to see Marketplace Studio?
    You can certainly create a proof-of-concept first before coming to see us! We recommend using Sharetribe Go to prove your model as quickly and as cost-effectively as possible. We can help at any stage, Pre-Product, Post-Launch, V2 Build, or Re-Platforming.
  • What about confidentiality and IP ownership?
    When you submit a project proposal through our website or any other method of communication, Marketplace Studio is obliged to keep your idea safe & private under a Non-Disclosure & IP Agreement. This agreement essentially says that we will not make any information you tell us public without your written consent.
PMF
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