Services

Online Marketplace
Development Company

Thought&Function builds scalable online marketplaces, offering tailored solutions for vendors and secure payments, ensuring a user-friendly experience that promotes growth and adaptability.

react

react native

next.js

graphQL

node.js

.net

GSP

AWS

Azure

react

react native

next.js

graphQL

node.js

.net

GSP

AWS

Azure

react

react native

next.js

graphQL

node.js

.net

GSP

AWS

Azure

Our expertise

Multi-Vendor Management

Building a robust multi-vendor system is at the core of any marketplace. This includes creating a scalable architecture that allows multiple sellers to list and manage their products or services. It involves features such as vendor registration, product or service listing, inventory management, and pricing controls.

Payment Integration

Secure and seamless payment processing is crucial for trust and convenience in any marketplace. Integrating multiple payment gateways, handling different currencies, and ensuring compliance with local regulations are all vital. Additionally, you may want to cover features like escrow services, split payments, and refunds.

Vendor Dashboard

A well-designed vendor dashboard empowers sellers to manage their listings, track orders, monitor performance, and handle customer inquiries. It should provide detailed analytics and insights into sales, traffic, and customer behavior, helping vendors optimize their offerings.

Customer Experience and User Journey

A marketplace should prioritize a seamless and intuitive user experience, from onboarding to checkout. Key elements include search and filtering capabilities, product or service comparison, personalized recommendations, easy navigation, and a smooth checkout process. Ensuring a delightful customer experience is critical for driving conversions and repeat purchases.

Reviews and Ratings System

Building trust between buyers and sellers is essential. A well-implemented reviews and ratings system can provide transparency and help buyers make informed decisions. It also gives vendors feedback to improve their offerings.

Logistics and Order Management

For marketplaces dealing with physical goods, efficient logistics and order management systems are crucial. This includes features for order tracking, shipping integration, inventory management, and return handling.

Marketplace Web App development

Transform your marketplace vision into a high-performing web app. We specialise in building scalable, responsive platforms with advanced features like vendor dashboards, analytics, and third-party integrations to enhance functionality and drive growth.

Marketplace Mobile Development

Build a powerful and intuitive mobile marketplace app with our expert team. We focus on creating seamless user experiences, from onboarding to checkout, while integrating essential features like multi-vendor management, secure payments, and real-time notifications.

Analytics and Reporting

Third-Party Integrations

Boost your marketplace with seamless third-party integrations like Violet, Stripe, and Shopify. We enhance functionality with e-commerce, payments, logistics, marketing, analytics, AI, and more, creating a powerful, efficient, and scalable platform.

Why choose us

Long-Term Strategic Partners

We align with your objectives and provide support over different stages of the product's lifecycle. We’re committed to your success, building solutions designed to last and scale.

Rapid Development with Prebuilt Assets

We leverage prebuilt assets for common functionalities like login, onboarding, subscriptions, navigation, and payments. Starting from a boilerplate app gives us a significant head start.

Marketplace Expertise

Our understanding of the Marketplace business model allows us to provide valuable advice throughout the process. Our team have successfully built multiple Marketplace platforms, guiding them from idea to Series A.

Data-driven and Scientific

By helping you launch earlier, we reduce your cost to market. Our rapid iteration process enables you to learn faster, ensuring that you're systematically creating value.

The process

Strategy and Design

Our team of experts collaborates with you to craft a cohesive strategy aligned with your business goals. We guide you in defining a long-term roadmap, starting with a realistic, market-ready product that helps validate your marketplace concept. From there, we design the full platform, complete with interactive prototypes. These prototypes allow you to showcase your idea, whether to attract investors for your online marketplace or to secure strategic partnerships.

Marketplace Development

We develop high-quality online marketplaces efficiently using custom code, supported by our proven boilerplates and robust infrastructure. Understanding the need for rapid evolution based on user feedback, our optimised tech stack enables quick iterations and seamless scaling. This approach helps you swiftly adapt and find the perfect product-market fit.

Launch and Iterate

Once your online marketplace is live and attracting users, we begin iterating based on real user feedback and analytics. We provide a tailored product team that fits your budget and runway, working closely with you to run experiments and enhance the platform, ensuring continuous improvement and growth.

Tech stack.

react

react native

next.js

graphQL

node.js

.net

GSP

AWS

Azure

react

react native

next.js

graphQL

node.js

.net

GSP

AWS

Azure

react

react native

next.js

graphQL

node.js

.net

GSP

AWS

Azure

Front-end

Back-end

Infrastructure

Product management

Analytics

Design

What our partners say

Review all on Clutch

5.0 Clutch Review

Thanks to their pragmatic approach and long-term strategy, Thought&Function achieved every milestone and delivered a vastly improved product ready to grow. The team was very hardworking and collaborative, embracing the client’s culture and demonstrating a genuine commitment to achieving success.

Niraj Dattani, Founder, NowToVow.

4.5 Clutch Review

Thought & Function’s efforts have been met with positive acclaim. The team is communicative, skilled, and deadline driven. Customers can expect a company that integrates well into the rest of the team.‍

Laurel Gray, Head of Product, Allplants.

5.0 Clutch Review

With the new site, the client has been able to grow their business further, recording over 200 registrations and 100-plus purchases in two months. Thought&Function leverages their knowledge and technical expertise to deliver quality results. They’re also proactive in addressing issues and requests.

James Hurley, Co-Founder, Ted's Health

4.5 Clutch Review

Since Thought&Function took over development, the app’s downloads have increased 1,000x — from 5,000 to 59,000. The team delivers on time and budget, and their communication has improved throughout the project. Moreover, they utilize best practices, and their problem-solving approach stands out.

Florian Branstetter, Founder, Teledoc.

5.0 Clutch Review

Acquired by health heroWhat started as a small app has grown to over 10 million users in the UK. The platform also mitigates needless doctors' appointments by helping users determine if they can treat themselves. With a flexible development plan, Thought&Function continues to augment the internal dev team on new features.

Alfonso Ferrandez, CTO, Doctorlink.

5.0 Clutch Review

The team showed confidence throughout the project, supporting and accommodating their partner’s unpredictable schedule. Despite this, they did everything possible to meet the deadlines promised at the start of the development. Their work required no third-party changes to go to market.

Sophie Randles, Head of Hardware, Kano Computer

FAQ

What services do you offer for online marketplace development?

The cost of an MVP can range from $30k to $100k, depending on the product. We strive to keep costs low and find solutions that fit your budget. It's important to have a solid strategy to finance the application long-term.

How long does it take to develop an online marketplace?

Yes, we offer ongoing support, including full-time, full fledged teams for roadmap development and part-time resources for maintenance, ensuring your product continues to grow and succeed.

Can you customise a marketplace to fit specific business needs?

Yes, we specialise in building fully customised marketplace solutions tailored to your specific business needs. Whether you require unique vendor management features, specific payment integrations, or custom workflows, our team will work closely with you to understand your goals and create a marketplace that aligns perfectly with your vision. We ensure that the platform is flexible, scalable, and designed to adapt as your business grows.

What features are essential for a successful marketplace platform?

A successful marketplace platform needs core features that enhance user experience and facilitate transactions. These include:
‍
‍User-Friendly Onboarding: Easy registration and onboarding for both buyers and sellers.
‍Vendor Management: Tools for vendors to manage listings, inventory, pricing, and sales analytics.
‍Search and Filtering: Advanced search, filtering, and sorting options for users to easily find products or services.
‍Secure Payment Gateway: Integrated payment systems with support for multiple payment methods and escrow services.
‍Reviews and Ratings: A system for users to rate and review products, services, and vendors to build trust.
‍Order Management: Features for order tracking, shipment updates, and returns handling.
‍Messaging System: In-app communication between buyers and sellers for inquiries and support.
‍Marketing and Promotions: Tools for vendors to create promotions, discounts, and loyalty programs.
‍Analytics and Reporting: Data-driven insights for marketplace operators and vendors to optimize performance and user experience.
‍Security and Compliance: Strong security measures, including user verification, data encryption, and compliance with regulations like GDPR.

These features are fundamental to creating a reliable, user-centric marketplace that drives growth, engagement, and long-term success.

Do you provide support for scaling the marketplace as it grows?

Yes, we provide comprehensive post-launch support and maintenance, including performance monitoring, bug fixing, feature updates, and scalability planning. Our goal is to ensure your SaaS platform remains secure, up-to-date, and optimised for user satisfaction and growth.

How do you ensure security and compliance within the marketplace?

We prioritise security and compliance at every stage of marketplace development. This includes implementing robust data encryption, secure payment gateways, user authentication, and access controls to protect sensitive information. We conduct regular security audits and penetration testing to identify and mitigate vulnerabilities. Additionally, we ensure compliance with industry standards and regulations like GDPR and PCI-DSS, safeguarding user data and building trust. Our approach combines best practices in cybersecurity with proactive monitoring to maintain a secure and compliant marketplace environment.

Can you integrate third-party services and payment gateways?

Absolutely. We have extensive experience integrating third-party services and APIs to enhance your SaaS platform's functionality. Whether it's payment gateways, CRM systems, analytics tools, or custom APIs, we ensure seamless integration for a cohesive user experience.

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Online Marketplace
Development Company