How to Build a Freelance Marketplace

The biggest freelance sites like Upwork, Behance, Freelancer and Fiverr are known and trusted by freelancers and clients all over the world. These marketplaces act as a mediator between employers and employees. They help them to build business relationships with each other. Every day these platforms help millions of their users to find a suitable job for freelancers, giving huge profits to their owners.

Since the freelance marketplaces have proven themselves to be a convenient solution for their users and a profitable enterprise for their owners, we can expect numerous entrepreneurs to enter this business.

If you want to create a marketplace like Upwork, here is a step-by-step guide to creating:

1. Plan your business strategy
2. Develop a Minimum Viable Product (MVP)
3. Choose the most suitable software solution

Plan Your Business Strategy

If you decide to build a freelance marketplace, you should realize that you are entering a field with strong competition. You should know why customers would choose a new platform instead of trusted and reputable giants. 

Before starting work on freelance platform development or even a business plan, answer the most important question: what will make your site different from the others?

If your site has a unique feature that will differentiate and solve users’ problems, your platform is likely to find its niche in the market and gain loyalty. Click the following webpage to read the whole article.

Develop a Minimum Viable Product (MVP)

To find out whether your target audience is ready to use your product, you firstly can develop a minimum viable product (MVP). The MVP of your freelance platform will possess only the basic functions. It will be sufficient to estimate the idea and decide if it is worth being used and bought for its usage. 

Choose the Most Suitable Software Solution 

Having considered all the strategic points, it’s time to decide what software solution to use in building a marketplace MVP for your freelance platform.

Basically, there are 2 ways to build a freelance platform:

• Custom development
• Ready-made solutions

In order to understand what type of development suits you, you should know in what cases you should choose custom development and in what ready-made solutions.