How Much Does It Cost To Develop Local Buy-Sell Marketplace App Like LetGo?

Mobile Applications are spread all across the market and are available for performing a variety of tasks and are indeed a convenient way of carrying out business online. With the emergence of these mobile apps, various works have become easy. Apps like LetGo, Carousell, and Offer Up etc. have made it possible for potential buyers to meet the authentic sellers and vice versa and without any doubt, these local, buy-sell marketplace apps are the future. If you are thinking of creating something similar, then you must understand the business model as well as the working principle, in order to take proper decisions.

How it work's?

Apps like LetGo are community apps, which provide the seller with the platform to showcase their owned items for selling. It equally offers the buyers the chance to get a hand on an item, they want by setting the platform. The app plays prime attention to the model of the app and makes it mobile friendly for users' benefits. You must also remember that these apps let the seller sign-up and post advertisements free of cost and it also charges no commission for making the meeting the possible. OfferUp’s goal is to maintain the free service and let the people access it from anyplace. These apps used other methods to earn the revenues and exact monetization strategies.

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How to Hold-on to LetGo?

If you are really eager, then you can include certain things in your app to generate profits. You can team up with a delivery company and include delivery charges, so as to make the dealing easier for both the parties. You can also incorporate online transaction methods and let the people pay via your app. The best bet is integrating third-party Payment gateways. You also keep another segment, advertising, for those enthusiastic sellers who want to bag the first buyers. To make a more hard-hitting impact, you need to have certain MVP features like Social Network Registration for identity purpose, filters and sorting out options, in-app payment, the picture captures, and delivery status. Also, make sure that your web app is compatible with Search Engine for garnering positive results.

In order to create an app like LetGo, the cost entirely depends on the features you want to include in that buy-sell app. The base rate is between $10000 and $ 25000 but with in-app payment, in-app calls, shipment etc. the cost can cross $40000. The cost depends on the location, in India, you will have to spend $10-$80/hour.

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