Are you wondering how to make an app like Letgo? Buy and sell apps like Letgo is the most popular way of purchasing products online. In terms of online marketplace systems, these are the oldest and most well-established. They facilitate direct transactions between buyers and sellers without any hassles. Let’s learn how to develop an app like Letgo here!
Before the invention and boom of the revolutionary mobile phones and smartphones, it was challenging for a merchant and a buyer to communicate. But with mobile phones, this communication was made less challenging, more feasible, and smoother.
As a result of our growing reliance on our smartphones, the world has altered dramatically during the past decade. You, as a service provider may now acquire new customers from the comfort of your own home or from anywhere in the world. Boundaries don’t stop sellers, neither does the time constraint.
To save money, some customers prefer to buy products (both used and unused) in their local region rather than pay for expensive long-distance delivery. These are various new applications including Letgo, Craigslist, and OfferUp that providers such services to customers for a hassle-free transaction.
If you are searching on the web to better understand the market for apps that sell used products to customers in order to develop your own unique, robust application, then read this article. Here, we are providing you with extensive information on how to make an app like Letgo to sell used products online.
How do apps like Letgo earn money?
Many individuals are curious about how Letgo earns money. Letgo generates revenue in a variety of ways, however, advertising is its core revenue source. The app’s creators for apps like Letgo can generate revenue by introducing premium features. Here are some examples of how you might earn from a buy and sell app:
- Take a share of each sale by integrating in-app payments.
- Add paid visual advertising with the option of promoting your product.
- Extra fee from the proper description of the product.
- Limit the number of free products that can be listed.
- Charge fee for verification of seller. This often built trust in the eye of customers.
How do most buy and sell apps work?
If you are thinking of developing an app like Letgo and are wondering how such apps work, here is the basic info.
Various buy and sell apps such as The Letgo app is really user-friendly. Let’s have a look at the highlights.
One of the most important elements of a marketplace app like Letgo is the ability to authenticate buyers and sellers. The app may be accessed via Facebook or e-mail after the customer has downloaded it from the Google Play Store.
Once the user has signed up, they’ll be sent to a screen with a camera, so they may snap a picture of the item to sell. Artificial intelligence pre-installed in the system identifies goods and the category to which it belongs automatically. To complete the transaction, the seller must include the cost of your item or specify that it is free.
And that’s it! Now that a seller’s product has been made public, they will begin receiving offers and communications from interested parties. Seller’s product’s description or pricing can be changed at any time. The seller can also check how many people have looked at your product by clicking the “more details” tab and looking at the number of views near the eye symbol when they press the item for sale in their profile.
Customers don’t even have to open the app to see what’s available in their region. There are choices to sort the items based on location, category, or date of posting when the customer accesses the drag-and-drop menu. An item’s description and a chat button may be displayed when customers click on a photo. This allows buyers (customers) to communicate with the seller.
- Payment Integration
Payment integration is one of the most crucial elements while developing the app. As an app developer, the engineer must ensure that the purchase and refunds are processed hassle-free. Furthermore, an update related to refund status might help the customers even more.
What are the basic features for buy and sell apps like Letgo?
- Register with Facebook or your e-mail address.
- Set up an account
- Examine each other’s profiles
- View available items for purchase
- Product search and filtering by category, price, and location
- Text messages can be exchanged between vendors and purchasers.
- Purchase the product
- Sell the item.
- Make changes and edit the products on sale.
- Receive updates about your listings in-app.
- Invite Facebook friends
There are so many features that we can see on buy and sell apps such as Letgo. However, when deciding “how to make an app like Letgo”, we don’t just want to include the features in existing applications. As a brand or app owner, everyone wants their product or app to stand out in the market. How do we do that? By including unique or additional features to apps that could boost customer experience and make customers (both buyers and sellers) fall in love with the app.
Let’s have a look at the buy and sell app features that you can include in your next big product selling app.
Features to improve your buying and selling app
Allow buyers to save things on your marketplace app by marking them as favorites. This allows them to compare other products available on the platform on the basis of price and quality.
Why not allow buyers to even compare two or more products through an interactive compare feature? This will motivate users to opt for your app rather than other apps. It will even allow them to make purchase products faster, rather than wasting time in comparison through a manual process.
Transacting with strangers might be perilous. Making your mobile marketplace more user-friendly and safe for users will assist. The most common is a 5-star rating. It gives merchants credibility and encourages buyers to work with them.
- Payment Gateway
Security is vital. Online shopping must be simple and secure. Adding payment gateways speeds up transactions. The software must ensure customers receive their orders while exchanging commodities with strangers over a marketplace platform.
- Updates on order status
The order status allows consumers to track their purchases. To keep the app up to date, the marketplace platform must be able to track canceled and confirmed orders. After the transaction, purchasers might be requested to rate or review the vendor.
- Push notifications and alerts
Push notifications are a great method to keep people interested and informed. Customers of the buy-and-sell marketplace app will be notified of upgrades and modifications, as well as new chat messages. You can send out creative notifications to customers and grab their attention!
Last but not least, a marketplace app for buyers and sellers can have a chat function. Communication is key, so make sure your app users may discuss every aspect of the transaction. Allow a channel that could connect sellers to buyers and the customer support team. Communication barriers can cause dissatisfaction, whereas proper communication can often help you win over customers.
How to develop an exceptional buy-and-sell mobile app like Letgo?
If you want to build an app that is comparable to Letgo’s, don’t steal its design. Make something that is both distinctive and practical. Think about the needs of your potential consumers.
Here are some ideas on how to add value to your product or service.
It’s time to think about narrowing down your customers, focus on the core scope of your app and make it more focused. For example, select a product category. Sporting goods or toys for children may be the sole items in this category. As a result, the marketing plan will be a lot easier to devise in this situation.
Letgo is a unique platform since it focuses solely on local transactions. Build the app for a certain region or country. With less competition and more clients, you’ll have a better chance of success.
You can opt to build the app for one platform. You may start with an iOS app, test it out, get feedback from users, and then go on to the rest of the platforms. The ReactNative cross-platform solution may also be used to construct both iOS and Android apps.
- UI/UX engagement is a need.
Good UI/UX design isn’t something to be taken lightly. Stunning graphics and an easy-to-use interface are indeed important, and your customers will thank you for it. Apps that allow users to purchase or sell items must have a user-friendly and straightforward design because they want to see a model like this in action.
- Develop a strategy.
Proper planning is essential while developing a marketplace app. Take your time and consider the wants and needs of your app’s users before you begin development.
You won’t gain anything if no one knows about your product. That’s why you need to come up with a strategy for promoting your app. There are a number of ways to boost the number of potential clients that are interested in your product, such as using Google advertisements on other websites. App marketing campaigns used by Ranolia Ventures may help you boost online downloads for your app.
You’ll get better outcomes if you take things seriously. It won’t take long for your app to establish traction in the marketplace and overtake the competition.
Tech Stack for developing a Buy-And-Sell App
Let’s talk about the tools and third-party services that a marketplace app development firm, like Ranolia Ventures, may employ to construct buy and sell applications like Letgo.
- Server-side development: With Express.js and Node.js.
- Frameworks: With Angular.js, Backbone.js, and React.js.
- Languages: With Swift/Objective-C (for iOS applications), Kotlin/Java (Android apps)
- Databases: MongoDB and MySQL
- Cloud architecture: With AWS
- Payment integration With Braintree and Stripe
- Web server: Nginx
Other monitoring and hosting technologies include AWS S3, Confluence, Swagger, Mailchimp, and PostgreSQL.
Of course, these aren’t the only technologies’ that app development companies can employ to create your buy-and-sell application. You must choose the technology stack for your project based on its unique requirements and characteristics, which may differ from the one mentioned above.
How much would it cost to develop an app like Letgo?
The cost of developing a buy and sell app such as Letgo relies on the following factors:
- The kind of vendor your app wants to focus on.
- Location of the Vendor
- The complexity and amount of app features,
- The back-end infrastructure and related APIs
- The complexity of the UX/UI design.
- The strategy for creating a new app (native, mobile web, hybrid, etc)
- Number of platforms where the app will be available (iOS, Android, web)
- Technology stack (native or cross-platform development)
- Hourly rates of your software development firm
They all have a significant influence on the ultimate cost. Depending on your selection, the figures might change substantially. There’s no sacrifice in quality between cross-platform and native programming.
You may save money and time by developing a prototype at the beginning. Your service provider’s hourly rate and location also play a role in the cost. Eastern Europe is a great place to employ a senior developer for a fraction of the cost of the United States, where the cost of an hour of work may vary from $100 to $250.
Depending on the complexity of the features, we estimate that it will take anywhere from 449 to 1019 hours to design a similar app (for web and mobile).
If you want a quote on the buy and sell applications such as Letgo, get in touch with our experts at Ranolia Ventures today. We provide various partnership models that can help you cut costs and empower you to develop applications flexibly.
Building a marketplace for local buyers and sellers is an amazing concept that is achievable through a great application stack. Always ensure to remember the essential flow of the application while creating your own buy and sell application.
Apps like Letgo do great in the market, but defining your key features and distinguishing your app from the competitors is a must. Build an MVP model with the help of our designers, developers, and engineers at Ranolia Ventures.
The dedicated team of developers at Ranolia Ventures is always at your disposal to empower and assist you by developing the new revolutions buy and sell app for your company. Connect with our team by visiting our website today!
Need more information on “How to make apps like Letgo”, why not connect to the developers’ team at Ranolia Ventures?