How To Create Buy And Sell Marketplace Like Letgo , Shpock , Carousell : Timeline & Cost

Buy And Sell Marketplace

Letgo is online e-commerce marketplace which facilitates user with buying from , selling to and chatting with different vendors present in application . It was initially launched in 2015 by Enrique Linares with single aim , ie to become largest second hand marketplace in the world . Their hard work has helped them with raising & $ 975 million  since the time they has established themselves in app and website marketplace . It can be seen as perfect example of how can a startup has got a chance to beat old players in marketplace . 

In this article , we will review features as well as functions of Letgo and how you can actually build marketplace app like Letgo for buying and selling of almost everything and succeed .

Planning To Develop App Like Letgo ? About Letgo & Reason For Its Popularity

Letgo is one among the biggest name in e-commerce corporations as is Shpock or eBay . These apps has single aim : To facilitate people to connect with local people who way to either buy or sell stuff . User can firstly view / post the product and then can chat with the buyer/seller and then can buy / sell the product . Letgo is completely free application app to post / buy products .

Letgo Market 

Almost 5,00,000 used items are posted daily on Letgo and more than 1,00,000 items are purchased . Letgo has financial flow of 5M USD on daily basis as per recent report by DMR statistics . Letgo is now expanding their branches globally . In present terms it has presence in more than 25 countries and majority of its users are in USA .

Working Criteria Of Letgo

The reason of its success is easy user interference and user experience of app . Let’s quickly discuss its main features : 

Registration 

One of the main features after downloading buy-and-sell marketplace mobile app is user registration . It can be either by email / phone or by social login like Facebook , Gmail , Twitter , Apple Sign in .

Selling

After successful registration , it will bring you to screen wherein you can simply click photo , enter their price and post the product to sell . Letgo has very intelligent built in artificial intelligence system by which they recognise the category of the product in automated manner with use of AI . After posting of pic , all you need to do is write the price of the product or you may even post it for free cost . 
That’s all you have to do if you are willing to sell your product . After posting of your product  , you will start receiving messages and offers from buyers . You can also edit / update your pricing and description . Apart from it you can also see how many people has viewed your product by just simply clicking item for sales in profile and viewing the product info from eye symbol .
Buying As soon as you signup , app will automatically showcase items which are on sale in your area . A filter option is also present which will showcase you option to filter products as per location , category or posting date . In case you want to get description of the product , you can simply click on the image to get details .You will also find option to send message to seller for further sale cycle .

Payment Integration 

Unfortunately there is no payment gateway integration , hence we can say there is a room for feeling of unprotected . That is the reason they suggest to give cash in person for sale .
ChatIn this marketplace buyers needs to be connected with seller on real time and at the same time admin needs to take care of. their privacy and frustration . Hence in order to do their best chat features is what it all needs which can be effective mode of communication to connect with each other .
Rating & ReviewsWe all know financial transaction comes with risk . Adding rating and reviews of the seller and buyers willextra layer of trust while dealing with respective people in buying and selling marketplace 
Push Notification
In oder to engage user with regular updates free of cost , then push Notificaiton is the only way to achieve that . By this way you can engage your app users as well as they can get any new post as well as chat Notificaiton .

Advance Of Letgo As Compared With Other Marketplace

  • Mobile first approach and simple to use interface 
  • Geolocation tagging that facilitates listing of product according to location 
  • artificial intelligence and image recognition helps in saving of time as well as selling fast 
  • Facebook account verification process make it simple 
  • It is active on overseas market as well like Turkey and Norway 
  • app is completely free

Now as we all have looked on the features and benefits of Letgo app , the question might be arising in your mind that if app is free then how this app is actually making money  ?

How Does Letgo Make Money ? 

If you are wondering how actually Letgo is making money , then let me tell you the fact . At this stage app doesn’t make any money from its services , but have strong plan to monetise platform by adding sets of paid features as in gumtree or so . Hence is Winklix suggestions for making money out of such apps :

  • integrating payment gateway and start taking our commission for every successful sale 
  • facilitating user to promote their products post to sell 
  • charge some more bugs for additional description 
  • limit number of items they can post in a month or in total 

Which Technology Stack Letgo Is Using 

Thanks to our team which helps us in Antonio’s monitoring for the Jost post vacancies posted by Letgo on regular basis on their LinkedIn profiles .

As seen above , development team is searching for PHP along with Express.js , React.js and MySQL developers to build web applications .

The mobile app for Android is developed in Java and for iOS they have used Swift both in  native platform . Let us guide you the advantages of using this language : 

Server Side : Express.js

Express is well know framework for Node.js and is also top rated technology in leading websites and app . In making comparison with other languages , Express.js has faster load and boot time . Additionally it has biggest community while comparing with other frameworks of Node.js .  In short we can say this technology is best choice for mobile apps as it delivers faster performance on server side and your app will be more dynamic .
Client Side : React.jsReact.js is we can say library of Javascript which is used for developing user side view . Biggest advantage of using this technology is one way data binding thereby making it easier to control as well as change data .
Mobile App Letgo is using native technologies in their mobile app . Java in android and Swift in iOS , thereby using different developers for building different apps . In case you are looking for cost effective solution you may choose hybrid app which may reduce development time and cost .

How To Build Your Own Mobile App Like Letgo

After COVID-19 outbreak basic brick and mortar shops are finding a way to get online to order to reach mass audience over their for buying and selling . Everyone has understand in post covid situation that online presence is must for business as majority of the population worldwide is spending their time and money online .
In order to start of , it is always suggested to start with minimum viable product and basic server and you may grow these with time .

How Much Does It Cost To Develop App Like Letgo ? 

The cost of any app development depends on combination of  scope of work , technology stack and location of hourly rates of software development company . Cross platform app is cheaper but lacks in performance whereas native apps gives quality app . Hence we always suggest our clients to go with MVP at initial phase to enter the market quickly and grab some app users .
At per our experience and knowledge , the time range may vary between 449 hours to 1020 hours and the price will vary accordingly 

Conclusion 

Building an app like Shpock or Letgo is not big task from technical side . The important task is to properly plan and select the features you want in your mobile app . If you have properly planned everything in advance , you are halfway to your success . Feel free to contact our technical consultant even after it you have questions .

Desirous of IT staff augmentation services: Go through this write up

Desirous of IT staff augmentation services: Go through this write up

Do you plan to launch a project in a short span and trigger efficiency for work procedure? Staff augmentation is an ideal manner to extract current resources and use outsourced resources to the advantage of the company. IT staff augmentation can help businesses with contract programmers and a host of staffing solutions on the basis of the requirements and the cost of the businesses.

As per a new stat, countries, especially the UK are getting poorer by £63 billion a year as a result of 600,000 deficit in terms of filling vacancies in digital technology. And, 89% of employers think that the paucity of tech skills will impact them negatively in the coming months. Is it the end of the creative economy in the UK? If they go for staff augmentation then they can tide over the crisis.

There are several benefits of staff augmentation as far as the IT sector is concerned. It is obvious for entities to be anxious over the IT staff’s capability and output when they have used the suggestions of the staffing companies.

However, the organized selection procedure and the extensive scrutinies by these companies will assure that the candidates selected can justify their presence in the company.

IT STAFF AUGMENTATION IS COST-EFFECTIVE

Staff augmentation via outsourcing aids IT businesses or software entities to reduce expenses at each level of their business process. Moreover, you don’t have to loosen your wallet for employee benefits, hiring, taxes, etc. Also, it assists in bringing down the cost of training on new technologies, as the extra staff is selected due to their experience and knowledge in certain tools & technologies and they don’t require too much hand-holding.

HEIGHTENS FLEXIBILITY AND CAPABILITY

If you take the help of IT staff augmentation services, your entity can benefit in terms of scalability. Also, you will be able to undertake projects of various sizes and you will never be able to turn down any request of the customers. The IT staff augmentation can aid you in expanding your employee workforce if and when needed. In a way you will be able to offer superior software solutions to your clients with the knowledge you acquire from staff augmentation.


GET A FIRM GRIP OVER YOUR TEAM

Staff augmentation offers you total control over your software development project every time and constant tracking vis-a-vis outsourcing your project. If you totally outsource your software development project, you would find it tough to monitor the project progress and the quality of your software development project will fall entirely upon the outsourced team. If you opt for staff augmentation services, you can organize augmentation at request to improve the effectiveness of your software development project. Also, it aids in cutting down security as well as privacy threats that might occur in outsourcing.

LIMIT THE RATE OF ATTRITION

In several occasions, the need for staff augmentation services crop up as a result of sudden exits of the employees. Through staff augmentation, companies will be able to protect vital project management and delivery schedules from retardation. Also, IT staff augmentation happens to be an ideal solution for both parties, businesses will get sufficient number of staff on hand, whereas, IT professionals will be able to utilize their expertise to better use on a larger stage.

STAFF AUGMENTATION VS MANAGED IT SERVICES

It is obvious for many to get confused when they hear IT staff augmentation and how it differs from managed services. Let’s learn the difference and why staff augmentation is important.

STAFF AUGMENTATION

Staff augmentation means to supplement your team aptly by including developers or designers or another tech professional into your current team that is critical to your managed IT services. Whereas, it is a wholly outsourced model that you are in a way stating that our company doesn’t have anything to do with IT.

This working model happens to be a perfect long-term solution. Post the end of the project, the contract for the several external resources is not cancelled. With the augmented resource acquired expertise in internal procedures, systems, and people turn useful. Once the project reaches its logical conclusion, he or she is shifted to the next available project and made to work for that company as a contractor for several years. Also, the regular growth in staff augmentation is because of several market factors, including the huge amount of professionals preferring to work as independents.

MANAGED IT SERVICES

As for the managed IT services, clients step away from traditional outsourcing protocols or appointing short-term contract IT staff to avail the long-term benefits that they seek from their solution ally. Also, it is pertinent to shed the initial savings inhibition and seek the response from employees regarding the next course of action.

The managed IT services can aid companies to break free from essential but time-consuming arduous jobs. Also, you will get the freedom to concentrate on the apt resources and people and appropriate things. Whereas, your strategic endeavors will materialize while maximizing productivity and effectiveness. Also, this turns the model into an appealing long-term plan. The rate of managed IT services is fully dependent on a continuous monthly billing cycle that is subject to on service volumes and levels, instead of everyday costs linked with staff augmentation services, which assures that entire functional expenses of the IT project stay within the forecast. Further, costs stay less mercurial in the managed IT services, which enables accurate and routine budgeting for the businesses.

HOW IS IT STAFF AUGMENTATION DIFFERENT FROM NEARSHORE OUTSOURCING?

Several people might have confronted the terminology staff augmentation, but there’s a range of various subsets. Hence, while discussing staff augmentation, primarily we’re discussing about bringing on other team members particularly associated with IT staff. This is done to improve what your present internal IT team is indulged in.

You opt for staff augmentation as you lack certain people in your own internal team. You are bereft of a certain coding language or a skill set. So you’re seeking software developers who possess the skills or you know a certain level is ideal for the tech projects you’re involved in.

Now, what can you carry out? Well you could give it a try and spot them in the United States but it won’t be economically feasible. Professionals in metropolises charge a hefty pay package. It’s a tough skill set to match? Therefore you have no option but to pay up as you’re in race with other companies onshore who are looking to attract those developers. Whereas, you now shift focus to offshore and comparatively offshore and nearshore both have the same cost benefit. Nearshore can be a bit more costly than conventional offshore however, you have the benefit of two major things: communication and culture.

Communication, naturally, as we specified it’s within three time zones. So this implies that if you are having interactions with your tech team then your nearshore developers can also chip in. For example, if you happen to be in the East Coast and you have a 9 o’clock meeting and if your developers are located in Latin America, then it’s likely that it would be close to 10 o’clock in the morning for them.

That is not really bad. That’s on a working day, hence, they can join and there’s no miscommunication. This can be an issue if a vendor is outside of your country, probably in India. When you have woken up they would be fast asleep and vice versa. Therefore simply having that minor half day out of sync can trigger problems when it comes to getting that constant flow of your tech team. So that’s an advantage.

Lastly

It goes without saying that staff augmentation is an ideal solution for getting experts according to your business requirements and within a particular time. So, several software development companies are offering staff augmentation services to the business to satisfy their resource demands. In case you need such services then do not hesitate to avail the same from a good company.

Which is best approach to software development: Agile or Waterfall

Which is best approach to software development: Agile or Waterfall

Coding happens to be the first thing that occupies our mind when it comes to software development. Software development is a long drawn out process as it entails in depth analysis, viability assessments and planning, prior to kicking off coding. After all, there is no point in spending time and effort on an idea that is wasteful. For instance, you are holding an event and have solicited the presence of a few but if you have not planned the event well, everything will fall apart. The same holds true for software development. In this write up, we will be touching upon two of the most regularly used approaches to software development—Agile and Waterfall.These two approaches are utilized for any management project, they are commonly utilized for software development. Agile and Waterfall methods happen to be two types of Software Development Life Cycles (SDLC) that assist you in setting up the method of a new project for design, development, and testing of the software. The approach you select initially defines the sequences of these stages. What sets apart Agile and Waterfall methodologies is that the former permits an iterative development and the latter adheres to strict sequence. Now let us understand these a bit better.

Also Read : The Agile Way Of Testing Software ?

What do you mean by Software Development Life Cycle?

Software development has several stages. These stages happen to be Need Evaluation, Planning, Software Designing, Software Development, Software Testing and Software Deployment which together is called SDLC . Based on the project and preferred outcomes, we have various methodologies to this lifecycle. While Waterfall and Agile happen to be usual approaches, there are others as well including V and V model, Spiral model and Prototype model. Based on the needs and other specifications (like industry, type of software, the technology used), we arrive at the approach to utilize.

Waterfall Method

Also called Linear Sequential Life Cycle Model, Waterfall is an extremely sequential approach. As it is obvious by now that the method adheres to a strict pattern, implying that the software development process proceeds merely to the next stage when the first one finishes properly. It’s meant for simple projects having no future development. The Waterfall method comprises seven phases

– Start: The beginning where you conceive the design.

-Origin & Assessment: Collect and save the things needed for your software development project such as system, software requirements, etc.

– Devise: At this stage, you will ascertain how your software will work and the elements essential for coding.

– Build: It is the implementation time when you code all components of your software & test it alongside; you also merge every element with other units to enliven the software architecture in the design phase.

– Examining: This phase warrants excessive testing for users, finding bugs, etc. You must go forward and backward in this stage to tackle the problem that you find in the tests.

– Execution: This is the final stage where the software goes live to be utilized by the clients.

Advantages

As clear as daylight: The timelines and deliverables regarding the project are arrived at beforehand. This establishes a lot of clarity and collaboration between the development team and clients.

Excessive Documentation: This approach needs excessive documentation of every phase cutting out the prospects of mistakes or misunderstandings.

Effective Work: You do not require to have the full development team for a sole task. This method gives a clear view of tasks to carry out permitting each individual to concentrate on their activities while others involve themselves in other facets of work.

Build: This is the implementation time when you code each element of your software & test it alongside; you also merge each element with other units to bring the software architecture in the design stage to life.

Hands-Off Approach: It hinges on a hands-off customer approach as post the initial design & plan, there is minor or zilch customer presence till you reach the review phase.

Demerits

Deficiency in customer engagement: Some projects need a lot of customer involvement based on the product. Also, at times clients do not like a hands-off approach. In any case, this approach leads to frustration as well.

Tough to effect changes: This method believes in following a strict sequence and this makes it tough to go to the previous one to effect changes. This can be problematic if a developer confronts a roadblock. Software development needs adaptability, more so as you cannot expect customers to be familiar with software totally from the start.

Last-Minute Testing: This is a method bound by time. It is not unusual for development projects to go behind the schedule as coding consumes a lot of time. Resultantly, to catch up with the deadline, software developer teams dilute the testing stage by doing a rush job.

Also Read : Which software development approach works best ?

Agile Method

As for the Agile method it is based a lot on involvement and adaptability. It has 2 chief components, such as time and teamwork. In this method, rather than building a timeline for the total software development project, you dissect the same into personal deliverable pieces. These deliverables are known as sprints, each of them involves a few weeks. Once a deliverable is through, it’s submitted to the clients for assessment. This assists in us drawing the plan for the next one.

Advantages

Client engagement: This promotes a positive culture of constant engagement between customer and development team.

Flexibility in terms of Deliverables: It permits dynamism as far as deliverable is concerned. It depends upon the sequence of significant tasks. For instance, it offers flexibility to unleash the basic software prior to building the full suite.

Highly Adaptable: This is the best part of Agile method. It offers customers a clear idea of what is accomplished and what is not; the developer can easily get into the planned sprints devoid of any hiccups.

High client involvement: It is fixated with clients as they get involved in each stage of development.

Demerits

Tough at times: It needs the whole development team to be involved in one project. This is very tough for development companies having several projects happening simultaneously.

Expensive: Time-based sprints permit planning, but prospect of deadline breaching the limit becomes higher. Also, in case a project needs to develop extra sprints, it can be a bit expensive.

Excessive Communication: This method needs very good communication, the developer has to be in regular touch with the client in the entire project.

In the end

The method to use hinges on several factors. For example, Waterfall is ideal when there is no or less need for client interference while Agile would be perfect if the project needs regular feedback and engagement of clients at every stage. Agile is basically meant for complex and big projects devoid of limited budget. You must factor in every facet prior to reaching the end game.