Enter the lucrative E-Commerce World with an Etsy Clone!
Planning to launch your own remarkable online marketplace? You can easily launch a marketplace like Etsy on a low investment. This blog provides you an insight about Etsy, its advantages, its revenue model and starting a similar marketplace like Etsy.
Unlike physical retail stores with brick and mortar, online marketplaces are not hard to construct. For building a flawless online marketplace, all you need is a customizable Etsy clone script. It helps you to build an online marketplace like Etsy in no time.
What’s Etsy and why is it so popular?
Etsy is a popular e-commerce website that sells vintage or homemade items that also includes handcrafted materials. It was initially begun to allow artists and vintage merchants to sell their products online.
Launched in the year 2005, it has helped millions of artists to bring their products to the market. Etsy has 31.7 million buyers and 1.9 million sellers and has more than 50 million products listed for sale.
Etsy’s Success Formula
Unlike Amazon or other marketplaces, Etsy focuses on a small area which consists of only specialized items such as art, craft, handmade items and so on. This specialization sets Etsy apart from other e-commerce marketplaces like Amazon or eBay. Etsy has this unique feature of sending personalized newsletters to its customers.
When Etsy was begun, it was the only website that provided handmade products. 86% of business in Etsy is run by women. Etsy even provides small loans to artists and conducts workshops for them.
How Etsy actually works?
The four key stages in Etsy’s workflow,
Vendors have to register online and showcase their products for sale. Etsy charges a certain amount for posting product and it will be there on the website for the next four months.
Customers can go through a wide range of products and place an order as per their wish. They can use the advanced filter options to simplify their search process.
After selecting the product, customers can make the transaction. After deducting the commission, the amount will be transferred to the vendors’ bank account.
Customers can rate and review their purchases. And their rating would assist other users with their purchase decision.
How much does it cost to build a business like Etsy?
Developing a platform like Etsy from scratch is not as easy as it seems. In order to develop an app for your platform, you need to hire app developers and you have to research a lot to know about the advancements in technology. It is clear that you have to spend your time and money in the process of developing a mobile application.
Numerous ready-to-launch multi-vendor software like Etsy have come up in the market. With such software, you can easily launch an app for your marketplace in a short span of time. All you have to do is find the right app development company for your business.
With AppDupe’s Etsy clone, you can easily start a marketplace like Etsy in a small budget. Some stellar features for the Etsy-like marketplace are,
Smart Search
Based on the inputs of buyers, the smart search will showcase the products matching the buyers’ keywords with ease.
Purchase History
Both buyers and sellers can view their purchase history and sale history respectively. Admin of the app can view and keep track of the sales happening within the app.
Multi-Theme
Admin has access numerous themes integrated into the app. And can customize the theme in accordance with the celebrations to boost the sales.
Blacklist Suspicious IP
If the admin finds any suspicious IP against their service policy, they can block the IP to ensure smooth functioning.
Multi-Payment Gateway
Etsy clone is furnished with numerous gateways from all around the world and users can choose their native payment gateway with much ease.
Coupon Codes
Sellers can give coupon codes to their users to increase their sales and users can avail the coupons while ordering products.
Complaint Dashboard
Users can make complaints if they are not satisfied with the services. The admin can view the complaints and counter steps will be taken.
With the growing demand for new and advanced products, Etsy clone is designed to help you dominate the lucrative e-commerce industry. Get your hands on an unrivaled Etsy clone app right away and drive a thriving online marketplace in no time.