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How to create a marketplace like Airbnb

you must be an entrepreneur or startup founder who is in jet speed to build your own online rental marketplace like Airbnb.<br>Let me walk you through all the stages of developing your marketplace.<br>For more info visit: https://www.rentallscript.com/create-marketplace-like-airbnb/

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How to create a marketplace like Airbnb

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  1. Steps: 1. Research and identify a critical problem that you need to solve. 2. Prepare a plan to build your MVP (Minimum Viable Product). 3. Launch your MVP. 4. Find a way to reach your customers/users. 5. Measure and do experiments based on user feedback. 6. Grow your marketplace like Airbnb.

  2. Step 1: Research and identify a critical problem that you need to solve. Firstly, you have to research a lot about the targeted audience. ● You need a thorough plan from the start to end. ● then secondly, understanding the competitor’s weakness. ● Implementing them in your marketplace. ●

  3. Step 2: Prepare a plan to build your MVP. Choose your technology Stack for MVP. Front-end Interface. ● Backend Interface. ● Database. ●

  4. Step 3: Launch your MVP Be specific with the core features in your MVP. ● Test out their functionalities rather than additional features. ● On the first impression, the customers should be clear with your ultimate objective. ● Later, you can implement the changes you need in MVP. ●

  5. Step 4: Find a way to reach your customers/users There are a number of media outlets available online to reach your targeted audience. ● By using, ● Facebook, Twitter, Linkedin Instagram And also it depends upon the type of audience you are preferred with. ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖

  6. Step 5: Measure and do experiments based on user feedback Measure the user’s behaviour in your platform. ● Do A/B testing, you find that the user interface is complicated to users, immediately get a clean UI design and update your platform. ● Being engaged with the customers is the number one priority for every business. ● Getting continuous feedback from the potential users helps you to upgrade the marketplace like how Airbnb had done it in the past. ●

  7. Step 6: Grow your marketplace like Airbnb If you want to grow your marketplace platform you should satisfy the users as well as the providers. ● Because the providers will definitely seek a value benefit for using your website and they want their business to scale up. ● you should explain and extend the benefits in a user-centric way. ● This will help them to identify the problems that their audience is facing. ●

  8. Thank You! RentALL is there for you to set up a customised marketplace with different features needed as per the entrepreneurs wish. For more info visit: www.rentallscript.com

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