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Showing posts from April, 2021

IdyaFlow is your recipe for a successful marketplace platform business

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Marketplace connecting customers and suppliers is a really lucrative and best business idea that you can consider for becoming a successful entrepreneur. Starting a marketplace is not the most difficult part, it is how to make it successful. At IdyaFlow, we believe, the best way to find out is to build an MVP. The Minimum Viable Product (MVP) is the minimum feature set of your B2B marketplace platforms that will allow you to validate your idea and understand your market needs quickly. Create quickly your marketplace platform! IdyaFlow is delivered with a maximum of essential features you will need for your marketplace platform . Beginning with an MVP will allow you to understand the software and focus on the main workflows of your platform. Once tested, it would be easier to think about new features and how to develop them according to your specific market needs. Time for developments will be optimized and more efficient. Save Money As the famous proverb says time is money. A

Key Features of B2B Marketplace Platforms

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Everyday we see more and more customers of B2B businesses are making their purchases online. A study from Forrester indicates that more than 74% of the B2B customers make some online research before buying something. Having said that, the needs and requirements of the customers are very different for B2C and B2B platforms. Therefore, B2B platforms should change the way that they design and display their micro-stores to their customers. The standard model of the shopping cart does not work for the B2Bs. Here, in this blog, we discuss essential features to create and support a successful B2B Marketplace platform. Intuitive and user-friendly searches The customer app search bar should have improved features to ● Search filters – customers should be able to locate a product or refine default search results by varying attributes such as product size, color, availability, etc. ● Availability searches – the e-marketplace portal must be able to manage and narrow down searches based o

B2B Marketplace for Food & Hospitality Industry

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The U.S B2B e-commerce market along with the food industry is expected to reach USD 20.9 trillion by 2027, which makes the marketplace platforms for food industry development an appealing business opportunity. While e-marketplaces have started to catch on in several sectors and industries, the food industry has been slow to jump on the bandwagon. The demand for B2B marketplaces for the food & hospitality industry is growing fast where the operators can connect with distributors, compare prices, and order online without the hassle of phone calls, emails and paperwork. The biggest value is here the operators can easily search for all distributors providing specific products/services, compare their services and make a decision within a few minutes. There is no question, food and hospitality is one of the top 5 industries most impacted by COVID. While the crisis is unfolding, operators should also prepare for what is coming next. But not the next 'normal'. Nor