Friction! Friction in an online marketplace refers to anything in the user experience that creates obstacles.
Barriers to the user's ability to complete a desired action. Anything like:
- Browsing
- Searching
- Selecting a product
- Adding it to their
Friction! Friction in an online marketplace refers to anything in the user experience that creates obstacles.
Barriers to the user's ability to complete a desired action. Anything like:
High-end vintage furniture? Who doesn't want it!
Chairish specializes in high-end vintage. The platform's gained a reputation for its unique items (think random things that your grandparents collect).
Items that appeal to a specific audience looking for
Poshmark's Posh Protect (their insurance product) is a superhero in the fashion world, swooping in to save the day with its trust-building powers. Batman and Robin rolled into one stylish package!
With Posh Protect, buyers can shop with the confidence of
Continue reading »Alibaba is killing it! The eBay of wholesale. A global online marketplace connecting buyers and sellers.
It's a vast eCommerce platform. Alibaba handles significant transactions on its users' behalf.
Alibaba noted that providing a secure payment process
Thumbtack – it's here. The online marketplace for service professionals. Thumbtack's lead fee model has helped them grow past $2 billion in revenue!
How?
Think of Thumbtack as the ultimate commission salesperson. No, not the sleazy kind that's waltzing
In recent years, online marketplaces have become famous for businesses to sell their products and services!
In 2021, $3.23 trillion was spent globally on different online marketplaces.
In 2021, $3.23 trillion was spent globally on different onlineContinue reading »
Unleash the power of marketplaces! Ready? Let's cover three reasons why online marketplaces are booming. We will discuss what drives marketplace growth. And how future marketplace operators can apply these tactics and strategies in their platforms.
Continue reading »We
In this week's blog post, we share with you a list of the 13 Best Free Classified Sites for the USA. Many of them don’t require login or registration to post an ad. Most of these websites are local, free, easy-to-navigate and none of them require
Continue reading »Airbnb's commission-based business model has killed it over the past years (yep, who hasn't heard of them)!
By relying on its hosts to provide the properties (and some super cool ones, check some cool ones out here) Airbnb focused on the Continue reading »
Dollar Shave Club took off! The world is shaving. Dollar Shave Club offers a range of shaving products starting with razors (be careful around those razors).
And they did it a membership. With a monthly subscription, customers receive: