How Much Does It Cost To Develop An App Like LetGo or Offerup

With the growth of the mobile industry, the market for mobile apps is also expanding. You can check out the Google Play Store or the Apple app store, and you will find apps in almost every category.

E-commerce is a platform that never stops it will grow more and more popularity with a rising in the mobile industry. It needs more creativity and futuristic vision to find scope where they are unaware and simply tap the button. Every day, we caught a lot of new entrepreneurs who start their journey of business by launching an app. Offerup & Letgo is one of them. These apps are the latest startups that gain popularity within a short period.

Offerup and Letgo App is a marketplace app that is primarily used for selling or buying the products by using the online way. Offerup gives you the platform through which a user can sell and buy anything easily and earn extra money.

The successes of all these leading marketplaces are excellent. And, this is the reason various business entrepreneurs are looking to develop this type of apps. But, is it that easy? Yes, you just require to know the right approach to tap into the market and a robust app development company to support you in your journey of growing the industry leader.

Know Why You Should Develop E-Commerce Marketplace Apps Like Letgo and Offerup?

Local marketplace apps like OfferUp and LetGo have helped the idea of buying and selling locally for both, the sellers and buyers. According to Statista, around 1.8 billion people used online stores in 2018. People do not like to go to particular places to buy something. The worldwide e-retail sales touched 3.8 trillion Dollars in 2020, which is assumed to double in 2021. So, the number shows the growing idea of e-commerce marketplace apps. Before we move onward into the marketplace application development, you need to know how they work, the features your app like Offer up and LetGo should have or the cost to develop.

Notable Features Of An App Lile Letgo/Offerup

Easy Registration Process
With social media integration, you no more require to make your application users disappointed by filling pages after pages to get into your app. This idea is to make an application where the entire registration process becomes very easy.

Search icon Integration
As the number of customers and advertisements builds there is a clear need to manage the traffic properly to work the app smoothly. This will also make it more comfortable for the consumer to find their wanted product.

Advanced Filters
Advanced filter integration is also required to make the search process simple and fast. To reduce search time, all items should be separated into categories & groups.

Built-in Camera
This feature allows users to take photos in the app and directly upload them. Sellers can edit images, crop, change the light, and contrast.

Push Notifications
This is the most important feature that helps the users to remember what is missing, a great push notification can help to set the success of your application.

In-App Payment
To streamline this process, you need to integrate a powerful mechanism in your application that allow online payment.

Picture Scanning
Nowadays, a number of users complain about the quality of photographs or that they are affected. So these features need to be integrated as users can see at least one live image of a product.

Fraud Protection
This feature is most important. Setting resources into fraud protection, concentrating on the collaboration with merchants and mobile network providers is a well-considered work for long term market growth for a long time.

Virtual Try-on
Using the idea of AR and VR, this feature is beneficial for purchasers who wish to try an item like beauty products, glasses, or some accessories before they purchase it. This feature can help make your app the best buying and sale application.

Compare the Prices and Offer Hot Deals
This is an outstanding feature where users can compare and purchase the item at the best prices. Also, it is great if you are providing retailers the capability to provide hot deals and discounts in-app for attracting the users.

Delivery Feature
Delivery features can help users to get their products at their doorsteps.

Know the Model of Popular Marketplace Apps like Letgo and OfferUp?

• Subscriptions/Membership Fees
• Seller Fees
• Transaction Fees
• Advertisements

Technology Stack Hyperlink InfoSystem Use To Develop a Buy And Sell App

• Mobile Platform – Android, iOS
• Web – .Net, PHP, JS etc.
• Push Notifications – Twilio, Push.io
• SMS, Voice, and Phone Verification –Nexmo, Twilio
• Payments – Braintree & PayPal, Stripe, EWallets
• Database – MongoDB, Hbase, Cassandra, Postgres, MailChimp Integration
• Cloud Environment – AWS, Google, Azure
• Real-Time Analytics – Hadoop, Spark, BigData, Apache Flink, Cisco, IBM

Step By Step Process To Develop an App Like LetGo/OfferUp:

1. Do a deep analysis of the best selling apps.
2. Build a business model for your local buy and sell app.
3. Pick a tech stack to create your app on.
4. Choose the right mobile app development company as per their previous work.
5. Create an attractive UI and UX.
6. Develop a website for the startup with the same functionalities.
7. Create a payment gateway right for your business and your app users.
8. Advertise your app and make a good brand name.
9. Privacy is most important so do fraud protection actions.
10. Change is the need of life so keep innovating with new features.

Kow The Cost To Develop An App Like Letgo or Offeup At Hyperlink InfoSystem

Keeping this into functionalities, the total cost to make a buy-sell application like Letgo or OfferUp would be about $20K to $40K. The cost maybe deffer as per the features and the location.  We have analyzed and explained the main points, basic features, and estimated cost for developing the best buy and sell app.

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