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Published :13 December 2024
App Development

How Much Does It Cost To Create A Marketplace App Like Gumtree?

cost-to-develop-a-marketplace-app-like-gumtree

Understanding the success of Gumtree

Gumtree is a community website owned by eBay, which offers an ample selection of classified ads of every user's interest. These advertisements on Gumtree are paid or free depending upon the product that is advertised. If you are looking for a car, job, sofa, new flat, stereo, bike, or anything, you can advertise your stuff on Gumtree and make sure you get the best deal.
We, at Osiz, realize that Gumtree and the like play a crucial role in bringing people together with what they need. We focus on developing innovative, user-friendly applications that cater to all kinds of business needs to ensure a seamless experience both for advertisers and consumers.

Factors Influencing the Cost of Developing an App Like Gumtree

As a leading technology company, Osiz excels in addressing these factors to provide a precise estimate and deliver a high-quality marketplace app tailored to your needs. Our expertise ensures efficient and cost-effective solutions that meet market demands. Several factors influence the cost of developing a marketplace app similar to Gumtree. Understanding these elements is essential for accurately estimating the development costs. Key considerations include:

  • Features and Functions
  • UI/UX Design
  • Application Infrastructure
  • Security and Compliance
  • Choose an App Platform
  • Technology Stack
  • Location of the App Developers
  • Updating and Maintenance

Essential Features of a Marketplace App like Gumtree

Building a marketplace application like Gumtree requires the incorporation of essential features that attract customers and remain competitive. Some key features include user profiles, search functionality, secure payment systems, and review systems.
Osiz ensures the features are implemented without a glitch, delivering high-quality and user-friendly apps tailored to your needs.

Features to Have in a Marketplace like Gumtree

  • Wishlist and Saved Searches
  • Reporting and moderating
  • Dashboard for the Administrator
  • Advanced Security Protocols
  • Social Media Sharing
  • Geolocation and Mapping
  • Analysis and insights
  • ERP & AR/VR Try-Ons
  • Multi-lingual Support
  • Create a profile
  • Listing Management
  • Messaging System
  • Push Notifications
  • Search and Filters
  • User Ratings and Reviews
  • Payment Gateway Integration
  • Al Integration
  • Accessibility Features

How to Create a Marketplace App Like Gumtree?

Creating a marketplace application like Gumtree is a time-consuming and structured process. So, here's a stepwise guide to the development stage:

  • Research and Analysis
  • Features and Functionality
  • UI/UX Design
  • Development
  • Testing and Quality Assurance
  • Deployment
  • App Maintenance and Updates

Business Models for a Marketplace App Like Gumtree

The two-layer functionality-based simple business model that Gumtree uses allows for the marketplace app to attract several customers, who in turn register for free accounts, search for their desired products and services, and move to the next layer to let sellers get access to the platform for listing their products and services at a nominal fee. Osiz develops marketplace apps that implement this effective business model, ensuring seamless functionality and maximum revenue generation for your platform. Based on these two layers, you can generate revenue from your classified platform through four distinct channels: 

  • Listing Fee
  • Subscription Fee
  • Advertising Fee
  • Referral Fee

Why Choose Osiz?

Building an app like Gumtree for an app development company in Brisbane comes with a lot of business benefits. By dealing with the problems that vendors have to face while selling their products and buyers have to face while finding the desired products, your marketplace app acts as a one-stop solution for both. This raises the possibility of generating leads, attracting new customers, achieving competitive advantages, and maintaining continuous growth.
Get an app like Gumtree by reaching us on Osiz. Amongst the top eCommerce app developers, we will ensure a seamless development process and supportive hand post-app launch. Our team is specialists in enriching feature mobile apps, in the class of the marketplace platform or classified advertisement apps as in Gumtree.

Author's Bio
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Thangapandi

Founder & CEO Osiz Technologies

Mr. Thangapandi, the CEO of Osiz, has a proven track record of conceptualizing and architecting 100+ user-centric and scalable solutions for startups and enterprises. He brings a deep understanding of both technical and user experience aspects. The CEO, being an early adopter of new technology, said, \"I believe in the transformative power of AI to revolutionize industries and improve lives. My goal is to integrate AI in ways that not only enhance operational efficiency but also drive sustainable development and innovation.\" Proving his commitment, Mr. Thangapandi has built a dedicated team of AI experts proficient in coming up with innovative AI solutions and have successfully completed several AI projects across diverse sectors.

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Osiz Technologies Software Development Company USA
Osiz Technologies Software Development Company USA