What is marketplace?

A Marketplace is a traditional, proven idea that has been absolutely revolutionized by the Internet. Online access has made worldwide connections between businesses, citizens, employees and governments a reality.

Market places allow engagement, interchange and trading which was only possible by being physically present at the same place and at the same time. But not anymore. Digital E-Marketplaces have no time or space limits imposed on the business flow, so everyone, everywhere can be connected and purchase, sell or exchange whenever they wish to.

Online Marketplaces are the source of big opportunities for many aspiring and creative enterprises with small, big or even unusual ideas which are able to fill a gap in the needs of the market.

B2B (Business-to-Business)

Business-to-Business Marketplaces are online platforms where companies can do transactions with other companies. For example, manufacturers to wholesalers, wholesalers to retailers, etc. Distribution networks, supply chain, stock and inventory, product portfolio, contracting, shipping methods, payment terms and communication between companies are the most relevant characteristics of B2B Marketplaces.

B2C (Business-to-Consumer)

This refers to online transactions between an individual or a business with the end consumer. In terms of size and volume, B2B transactions are typically much higher than that of B2C transactions; however B2C are the transactions which require best communication, collaboration and engagement channels to connect with the consumers.

C2B (Consumer-to-Business)

Consider a portal where Terry posts a requirement for organising a birthday party for his son. Within hours, he gets quote from both small and big event management companies. He then further reviews the price, company’s track record, and testimonials from previous users before selecting a company that will manage this event. Essentially, this meeting ground and platform is offered by a consumer-to-business marketplace solution.

C2C (Consumer-to-Consumer)

Websites offering free classifieds, online auctions, help forums where individuals can buy and sell products, services or information online with ease. A classic example is eBay’s auction service.

B2E (Business-to-Employee)

An online marketplace can even take a form of an internal network between a company and its employees for communication and collaboration, or for running competitions, distributing discount coupons, etc. Such engagement can be treated as a B2E (Business-to Employee) transaction.

Others

Other categories of Internet marketplace include G2G (Government-to-Government), G2E (Government-to-Employee), G2B (Government-to-Business), B2G (Business-to-Government), G2C (Government-to-Citizen), C2G (Citizen-to-Government) involving transactions with the government like online tendering, tax filing, bidding, procurement, company registration to license renewal, etc.

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Waseem

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We created our Android and iOS apps with the Abdul Wahab, who has exceptional attention to detail and logo experience. The team was always available to answer our questions and provide guidance, and they were truly invested in our success, which made it really easy to work with them. We are incredibly pleased with the results, and we would not hesitate to work with Bigosoft again.

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Funsho

CEO of (Project Lambo)

Project Lambo has been a very intense project that required working very closely with the team at Bigosoft. Their knowledge and expertise about developing a gaming app from scratch including the NFTs and website has truly left us without any complaints. They have been incredibly responsive to our needs, and always delivered high-quality work on time and within agreed upon budget. Without a doubt, we would highly recommend Bigosoft to anyone looking for a top-notch development partner.

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Iqbal Khan

Founder of (RajaRani)

Bigosoft has truly transformed our dating platform, propelling a startup with minimal digital presence to unexpectedly impressive heights. They meticulously crafted an app that seamlessly connects singles, a website that authentically portrays our brand, and a marketing strategy that drives engagement and growth. Their commitment to innovation and excellence has been instrumental in transforming Rajarani into a premier dating destination. Highly appreciated by us!.

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Whateverflowerhead

I was very fortunate to have been connected with Wahab, he has been an absolute asset for bringing my vision to reality. The website is curated exactly how I wanted it, despite all the constant changes, his patience, and expertise were evident in every aspect of the design and development process. I would always choose BigOsoft going forward to anyone seeking digital advise.

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Lux Home Decor

We needed to completely change the aesthetic of our e-commerce platforms, to attract the right clientele towards our products. Abdullah at bigosoft has tremendously helped us create a website that showcases our luxurious home decor products with elegance and sophistication. Their attention to detail was meticulous, and their understanding of our brand was impeccable. It really felt like all our needs were put before anything else, leaving us completely satisfied with the results of the finished products. We are already seeing positive feedback from customers, all thanks to bigosoft.

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Group 351

Bigosoft has been an invaluable partner in our quest to transform our chauffeur service brand. They seamlessly crafted a website that not only reflects our elite service but also strategically engages our target audience. Iqbal's marketing expertise in driving traffic and generating leads has been instrumental in expanding our clientele and solidifying our position as a premier chauffeur service provider. We wholeheartedly endorse Bigosoft's exceptional web development and growth marketing capabilities. A big thanks to Iqbal and Abdullah for handling both fronts of marketing and development.

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CMart

Bigosoft's point of sale and inventory management system has revolutionized our operations. It is logo-friendly, efficient, and scalable, and it has helped us streamline our processes and improve our overall customer service. The software developed by Abdul Wahab's team is now running on 22 different stores, completely capable of handling all the traffic. We are incredibly grateful for their expertise and dedication, and we would highly recommend them to any business seeking a robust and reliable point of sale and inventory management system.

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Driveron Canada

Developing a learning management system can be tricky as a lot of variables and deep understanding of the systems comes into consideration. The team at BigOsoft completely understood this and has been an invaluable asset in our driver training program. The new system is easy to use, engaging, and highly customizable, and it has helped us improve the training experience for our drivers. We are very pleased with the results, and we would highly recommend Bigosoft to any organization seeking a cutting-edge solutions in education technology.

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