Factors to be considered to create a marketplace app like Craigslist

E-commerce classified marketplaces, have been in the market for a long period now. These marketplaces help connect buyers & sellers to trade services and goods without any middlemen.

If you are thinking of investing in an online marketplace app like Craiglist, then this blog would help you get the useful information you need for marketplace app development like Craiglist

Classifieds-Do You Know About Them?

Well, most of us may already know about classifieds, some still don’t. A classified can be explained as a small advertisement that you see in a magazine, newspaper, or any print media. These ads are placed under a specific category like service promotions, product promotions, job posing or even a classified for office on rent.

Well, coming across ads newspapers or any print media is an old story. Today, the ads can be seen ads on different apps and websites. Among other apps, Craigslist is rated as one of the popular classified apps. So, these ads placed on websites and apps are also called digital or online classifieds.

Know About Craiglist

If you want to refer to a successful mobile app development solution, then Craiglist can be the best option to consider.

Craigslist is a USA-based classified site that enables users to post and view ads just like in newspapers on the websites and apps in different categories. Craigslist mobile app is built by considering the latest trends in mobile app development. Hence, it is a popular classified app today.

How Does Craigslist App Works?

In case you are planning to create a classified app, then knowing about how the Craiglist app/website works would be helpful.

  • Install Craigslist app via App Store or Google Play Store
  • Open and app and it will ask you to share your location.
  • Once done, it will take you to search features in different categories like history, browse, etc
  • Once you click browse, you can see a list that shows different categories to find the one you prefer. Here, you will find different classified postings under the particular category you have selected.
  • To submit a post you can find the option at the bottom of your app screen.
  • Click on it and enter your email id to create the post.
  • Once your email- verification is done, you can feed in the respective fields that display your location, submit an image for that post.
  • Once the location confirmation is done, it will tell you to publish.
  • After clicking the publish button, your classified will appear live on the Craigslist app.

Business Models Adopted By Classified Apps

Business Models Adopted By Classified Apps

If you are thinking about releasing your classified app, it is one of the best ideas. But, you need to also decide on how to make profits through your app.

Well, if you choose to build a classified app like Craiglist, remember it is a non-profit application that earns through job posting ads. Hence, you should follow the monetization strategies adopted by Craiglist to make your app profitable. Let us have a look at the business models adopted by Craiglist for earning.

Third-Party Ads

Here, you can ask the 3rd parties to pay for displaying their advertisements on your app. It will help you generate revenues.

Features Classified

In this model, the service provider needs to pay some fee set by the app owner to show the classified advertisements on the top. So this model can also help you generate revenues.

Pay Per Listing

This model is the simple model that generates revenue for you by charging the service provider for each listing.

Subscription Basis

You can offer subscription plans to help your app earn profits.

Some of The Popular Classified Marketplaces Like Craigslist

  • Offer Up
  • Recycler
  • Location
  • Facebook Marketplace
  • Mercari

How Much It Would Cost To Create A Classified App Similar To Craigslist?

When it comes to marketplace app development cost to build an app like Craiglist, the basic version would cost less than the advanced version which includes extra features.

Some of the factors that influence the cost of classified marketplace development are :

1. Platform

Ideally, the two different mobile platforms that app developers consider are iOS and Android. Certainly, you need to hire expert developers for marketplace mobile app development and the charges would differ with the platform you choose for your app launch. Also, building an iOS app costs more than an Android app.

2. UI/UX

UI UX

You need to focus on user experience and interface to make your app scalable. So, the UX/UI of your classified app should be built based on keeping in mind the users who will be using it.

The app development costs are based on front-end & back-end development. Also, the app design can influence the cost of your app.

Complexity

If the complexity of your app is more, the costs would rise automatically as developing a complex app needs your mobile app development company to take more effort. Apart from the cost the app complexity also increases the time needed to build an app.

Technology Stack

This is one of the significant factors wherein the technology stack can influence the cost of classified website/app development. Here, the cost can fluctuate based on the type of platform, database, framework chosen to build an app like Craiglist.

If you are planning to launch your classified app on the Android platform it would cost less than launching it on the iOS platform.

Size of The Development Team

Well, the size of the development team depends upon the functionalities and features needed in your app. This means, if you want to create a basic version of your app, you need 2 developers and 1 designer. But, to build an app like Craiglist, you need a large team of developers and designers.

Final Words

Considering Craigslist for building classified apps can be a wise decision. Even though the overall design of this app is simple, the features included in this website/app are amazing. Certainly, the success of an app depends on the features and functionalities of the app. So, you need help from an expert development team to build your custom or white label marketplace app. X-Byte Enterprise Solutions can help build a Craiglist-like classified app or website with relevant features and functionalities that help you build a scalable classified marketplace. Our dedicated team of developers adopts the right approach towards classified marketplace development to deliver the end product that fulfills your expectations.