Digital peer-to-peer marketplaces have been foundational to the growth of the sharing economy, enabling individuals to transact directly with one another at an exceptionally large scale. Conceptually, a peer-to-peer marketplace can be thought of as a particular type of two-sided market, in which an intermediary facilitates transactions between two interdependent customer groups such as supply-side and demand-side participants or producers and consumers.

This robust idea of the peer-to-peer marketplace has been readily adopted by several businesses in the global market. The revenue of the P2P marketplace was $1078 Million in 2021 which is expected to reach $5.1 Billion in 2032, growing at a CAGR of 15.5% from 2022 to 2032.

Although investing in a peer-to-peer marketplace has become a trend today, some people still find it challenging to create a peer-to-peer marketplace website similar to eBay. This blog post will describe the main types of peer-to-peer marketplace websites, the reason for their growth, challenges, famous players in the industry, must-have features, and building a website via both custom development and peer-to-peer marketplace software.

So, without further ado, let’s get started!

Table of Contents:

• Types of P2P Marketplaces
• Why are P2P Marketplaces Growing in Popularity
• Benefits of Building P2P Marketplaces
• Challenges of a Peer-to-Peer Marketplace
• Key Players in the Peer-to-Peer Business
• Essential Features of a Peer-to-Peer Marketplace
• How to Build a Peer to Peer Marketplace
• Summing Up
• FAQs

Types of P2P Marketplaces

Based on the services they provide, all peer-to-peer marketplaces can be classified into three major kinds.

Rental Marketplaces

A rental marketplace is a type of peer-to-peer platform that provides users access to diverse equipment for rent. Previously, people only rented out properties but with changes in time and the rise of the rental economy, now consumers can rent a wide range of equipment such as party supplies, audio-video products, designer wear, adventure gear and even automobiles. 

Marketplace owners do not need to own any of the equipment that is listed. They only need to manage the online portal and oversee timely returns & delivery.

Product Marketplaces

A product marketplace allows merchants to list any goods online in exchange for a charge. Individuals that want to sell their products online can create listings. They don’t need to own brick-and-mortar stores, pay for rent, or pay salaries to employees to be able to offer things for sale.

However, when an item is sold, merchants are charged a percentage by the platform’s owners.

Services Marketplaces

An online services marketplace that helps service seekers connect with service providers. These service providers help consumers with home repair tasks such as carpentering, plumbing, cleaning, gardening, roofing, and electrician services. On a services marketplace, buyers can hire service providers directly after viewing their profiles or upload their budgets and gigs. Service providers will view their gigs and place bids accordingly. The winning bid gets the job.

Why are P2P Marketplaces Growing in Popularity

Unquestionably, launching a peer-to-peer platform benefits both sellers and buyers. Let’s see why its popularity is growing among its users.

Sellers

• Joining a peer-to-peer marketplace for selling products/services is an affordable solution, instead of building a platform of your own.
• Sellers get access to a large audience in a marketplace and do not need to spend time looking for buyers. Instead, the buyers are already looking for the products/services that the seller has to offer.
• Sellers do not need to track inventory by themselves as the marketplaces automate the tracking processes for hassle-free operations.

Buyers

• Buyers have the advantage of buying from a great number of sellers helping them find the best options in terms of quality and price.
• The simple buying and checkout process on a marketplace encourages the buyers to make the purchase right away. To make the process even faster, buyers also have the convenience of paying on the platform itself.
• Buyers do not need to worry about fraud in the marketplace as the owner ensures security by holding the sellers’ payment in the escrow account until the product or service is successfully delivered to the buyer.

Benefits of Building P2P Marketplaces

Peer-to-peer marketplaces bring benefits not only to sellers and buyers but also to entrepreneurs. Here are some of the distinguishing benefits of peer-to-peer marketplaces for business owners.

Financial Edge

One of the biggest benefits of a peer-to-peer marketplace is that there is no investment required in terms of production, supply, shipping, and marketing. Its business model becomes the most viable option to start a successful business as it only requires a website or an app to function.

The business owner does not need to own the products and services that are being offered. In addition to this, the maintenance costs are also relatively lower than any other business. Once the marketplace is set up, you can focus on improving its functionalities while the revenue continues to grow.

Network Effect

The network effect on the online marketplace eliminates the efforts required to attract users (sellers & buyers) to the platform. Each new user on either side attracts new users; trusted and reliable sellers on the platform selling high-quality products make customers’ heads turn towards your website, and sellers are attracted by seeing a growing number of buyers on the platform.

Users themselves market the platform and make it recognizable which is required for that first push of popularizing your platform.

Hassle-Free Development

Due to the growing demand for P2P marketplaces, building and launching a marketplace is not difficult. There are several readymade peer-to-peer marketplace software available in the market that can be easily deployed to launch a multi-vendor platform. The readymade software from an experienced software provider can turn your idea into a customized peer-to-peer marketplace for a scalable business.

Geographical Freedom

As the marketplace will be running online, users will not be limited to any particular location. Global users can register on the platform increasing the potential number of users dozens of times.

Challenges of a Peer-to-Peer Marketplace

Building and running a peer-to-peer marketplace has some learning curve; that requires business owners to go through some challenges:

Solving the Wrong Problem

Prior to investing huge time and money into the marketplace, it is important to find a problem and build a solution for it. Business owners need to validate their idea at the initial stage by launching an MVP of their marketplace as soon as possible. The feedback received during the MVP stage from the early adopters can significantly help in determining the further enhancement required in the marketplace.

Deciding on the Right Business Model

There are different options for business models to choose from for a peer-to-peer marketplace. Deciding on a sustainable business model that works for sellers, customers, and you is important for the success of the marketplace. Make sure the business model is capable enough to scale with the business in the near future.

Building Buyer’s Trust

As a new name in the market, your brand won’t have the significant level of trust that people implicitly have in established brands. However, there are some strategies that can be used to build buyers’ trust. Also, it is something that takes time to build. Business owners can strive to provide extra safety which can become a competitive advantage for their business.

Key Players in the Peer-to-Peer Business

If you still don’t have enough motivation to join the bandwagon and launch a groundbreaking peer-to-peer business, let’s read about the key players in this industry and their growth.

Uber

Founded in 2009, Uber is a service provider allowing users to book a cab and driver to transport them. Without owning a single vehicle, the company operates in almost 72 countries and 10,500 cities. The fares of the ride, which are based on a dynamic pricing model depending upon the supply and demand are quoted to the buyer in advance.

Uber generated $31 billion in revenue in 2022, an 83.2% increase year-on-year. Uber drivers completed 7.6 billion trips in 2021 with over 131 million people. The company has received a total funding of $20.9 billion from 2011 to 2019.

Etsy

Founded in 2005, Etsy is a network where one can buy and sell handmade, unique, and vintage craft items like jewelry, bags, clothing, home decor, furniture, and toys. The platform has helped thousands of craftsmen to make revenue by selling their products online. The platform generates revenue from sellers in the form of listing fees and commissions from each sale.

Etsy’s annual revenue in 2022 was $2.56 billion. The platform has 7.5 million sellers and 96 million active buyers.

Airbnb

Based in the USA, AirBnB helps travelers find affordable accommodations all over the world. The business was established in 2008 where the platform works as an intermediator connecting homeowners with travelers who are looking for affordable accommodation while Airbnb makes a profit from the commission from each booking.

The platform was valued at $133 billion in 2021 and saw its revenue increase by 73% which is $5.9 billion in the same year. The platform has over 7 million listings run by over 4 million hosts.

TaskRabbit

Launched in 2008, the company has been growing steadily and has competitors like Hassle, Zaarly, and Thumbtack. TaskRabbit matches freelance labor with local demand, allowing consumers to find help with everyday tasks, including furniture assembly, moving, delivery, and handyman work.

Headquartered in San Francisco, the platform serves several cities across the United States, Canada, the United Kingdom, France, Germany, Italy, Portugal, Spain, and Monaco. The platform’s estimated annual revenue is $244.9 million and has raised total funding of $37.7 million.

Fiverr

Fiverr is the world’s largest online marketplace for freelance services connecting freelancers to people or businesses looking to hire. Launched in 2010, Fiverr is unparalleled in helping people find skilled professionals at remote locations for short one-time tasks. The platform consists of quite useful website features for service providers and service seekers.

Fiverr was valued at $1.18 Billion in 2022 and has raised a total funding of $111 million in 8 rounds.

Essential Features of a Peer-to-Peer Marketplace

Now that you have seen marketplaces growing immensely in the peer-to-peer industry and are planning to launch your own marketplace, it is important to know the features required in your platform. Although the peer-to-peer business model has proven viable, it is still imperative to have the right set of features in your platform.

Here are the features that peer-to-peer marketplaces should have:

Social Logins & Verification

Marketplace owners need to provide users with multiple ways (phone, email, social account) to register and sign in to the platform in order to boost audience satisfaction. Providing social login options is faster for the users and the linking of a social account increases the credibility of the sellers.

In addition, users should not be forced to create an account on the platform until they are not purchasing any product/service on the platform.

User Profiles

A user profile is among the main features of a peer-to-peer marketplace. User profiles should contain personal information such as name, photo, contact details, location, user type, buying/selling preferences, ratings, etc. Creating profiles is an essential part of building trust between buyers and sellers. You can also add an option to verify phone numbers and identities, which can or can’t be shared with others.

Reviews/Ratings

Reviews are an essential part of any eCommerce business to build transparency and trust among users on the platform. As buyers these days are fully aware, probably the first thing they would do after finding a product is to check its reviews. Missing product or seller reviews may encourage them to give up on the product and look for the product in a different source.

Notifications

This feature is essential to speed up the interactions and make communications between parties seamless. Integrating this feature allows sellers to send emails and notifications about order status, price reductions, special offers, product availability, and much more. Notifications make sure that the buyers and sellers can communicate with each other quickly without the messages being lost in history facilitating the closing of the deals more quickly.

Product Listings

It is equally important to implement product listings when building a peer-to-peer marketplace. You need to implement this feature correctly as it works differently for vendors and consumers. As far as vendors go, they should be able to add, remove, revise, publish, and unpublish listings. Customers should be able to filter, search, and view those listings with detailed descriptions.

Website Search & Navigation

In order to enhance the user experience on the platform, the website should have a smooth search & navigation. Well-structured and thought-out website navigation helps boost user retention and interest in the website. The option to search for products using keywords, filters and categories makes sure the buyers can find the products and services they are looking for.

Online Payments

Customers need to be able to pay for their purchases or bookings right on the marketplace. To offer this, integration with different payment gateways is essential. Make sure to allow different types of payments, including credit/debit cards, PayPal, digital wallets, net banking, cryptocurrency, and country-specific payment options.

Communication

For efficient communication between sellers, buyers, administrators, and support, the marketplace needs to have a messaging system integrated. Users should be able to write a message and send it to any other user to avoid disputes and communicate quickly for a seamless experience on the platform.

Cross-Selling & Upselling

This is a common feature of online marketplaces to have. Implementing sections like “Recommended” or “Users also bought this” on the product page may entice users to purchase more increasing your revenue and profit as a platform owner.

Bookings

A peer-to-peer marketplace that offers services instead of products needs to have a booking system in place. To mark the availability/unavailability and to book the slots to eliminate any chances of errors, a calendar needs to be integrated into the marketplace.

Commission Settings

In order to generate revenue, the business owner should get the option to set their own commission rates. The commission rates can vary for different product categories. Additionally, the option to set a flat rate commission or percentage commission gives more flexibility to the business owner. 

Earnings Withdrawal Settings

As the marketplace owner, you should get the option to set an earnings withdrawal policy. This feature is important to ensure the smooth functioning of certain processes, such as refund and returns processes. 

For example, you should have the option to set a minimum withdrawal limit so that sellers are only withdrawing their earnings once they hit a certain threshold amount. Till then, the amount accumulated in a seller’s account can be used for processing refunds for that particular seller’s products. Similarly, you can set a minimum withdrawal interval period so that a fair withdrawal policy can be upheld for all small and large vendors.

How to Build a Peer to Peer Marketplace

We have reached the most crucial part of the article (How to Build a Peer to Peer Marketplace). A peer-to-peer marketplace can be built by multiple approaches. Two of them are:

• Custom Development
• Readymade Software

Custom development from scratch is a sound idea if you need extended functionality or a high level of customization. However, this needs to be kept in mind that this approach consumes most of the time and money. You need to hire a development team that can help you with the technical aspects and guide you on the way to product launch and even after that.

Using readymade software cuts the time and costs of marketplace development greatly. The software has all the essential features required to build and launch a peer-to-peer marketplace. The software is developed by a group of experienced professionals, hence, it addresses the problems that may get overlooked in the custom-developed platforms.

One such readymade P2P marketplace software is Yo!Gigs. This is a fully customizable and all-in-one home services marketplace software purpose-built with all the essential features to streamline the operations of a peer-to-peer marketplace. Yo!Gigs comprises a unique and powerful suite of features to build a robust peer-to-peer marketplace.

If interested, you can book a free personalized demo with experts.

Summing Up

Building a peer-to-peer business has never been easier than it is today. With unlimited potential for creativity and growth in this business model, the odds of becoming successful are definitely high. All you need to do is identify the strong and weak sides of the business and discover how to address the pain points to gain a competitive advantage.

FAQs

Q1. Is there any readymade Peer-to-Peer marketplace software available?

Ans: Yes, there are several readymade peer-to-peer marketplace software available in the market. They are available in both SaaS and self-hosted options. For self-hosted solutions, you can check out our range of products:

• Yo!Gigs: For launching P2P service-based marketplaces
• Yo!Rent: For launching P2P sales and rental marketplaces

All these solutions are available at a one-time cost and are highly cost-effective in the long term. Moreover, you also get one year of free technical support with these solutions.

Q2. What is the cost of building a Peer-to-Peer website?

Ans: The cost of building a Peer-to-Peer marketplace depends on various factors such as the method of development, development country, and the reputation of the developer. As stated above, it is wiser to select a readymade software to reduce the overall development cost and time. In addition, you also get tested and tried software to run your P2P business. Generally, the cost of P2P marketplace software varies from $1,500 – $5,000.

Q3. Do I need to be tech-savvy to operate an online marketplace?

Ans: With readymade software, you just need basic computer knowledge to run and operate everything. This is because readymade marketplace software comes with a Graphic User Interface (GUI) with in-built options and settings that help you manage the marketplace. Thus, you only need to click on readily available options in order to manage your marketplace. No technical knowledge is required.

Q4. What are the top Peer-to-Peer marketplace ideas to invest in?

Ans: Without going into much detail, all industry stats show the immense scope of business in launching the following types of P2P marketplaces:

• Handyman Services Marketplace
• Home Services Marketplace
• Freelancers Marketplace
• Gigs Marketplace
• Babysitters Marketplace
• Car Rental Marketplace
• Dress Rental Marketplace

The post How to Build a Peer to Peer Marketplace appeared first on Diggiecorp Blog.

Yo!Kart has broken new ground as a robust multi-vendor marketplace software with its spectacular capabilities to build and manage eCommerce marketplaces. We are excited to announce the V10 release of Yo!Kart that can add new dimensions to your eCommerce businesses.

From data migration, listing digital products, offering discounts & coupons, streamlining payments & shipping, and defining review parameters, the new version will offer a truly dynamic selling and buying experience. Here’s what to expect in this release in more detail:

Table of Contents

• New Features
  – Data Migration from Shopify to Yo!Kart
  – Admin Shipped Product Listing Page
  ― Listing of Digital Products
  ― Product Ribbons
  ― Product Badges
  ― Payment Gateways
  ― Shipping APIs
  ― Rating/Reviews
  – Missing Product Information
• Enhancements
  ― Performance Updates
  ― User Experience and Enhancements
  ― Alert & Suggestion Text Bar (Admin)
  ― Tax Module Enhancements
  ― Stripe Connect Enhancements
  ― Product Addition Enhancements
  ― Inventory Form Enhancements
  ― Theme and Font Enhancements
  ― Shipping Module Enhancements
  ― User Management Module Enhancements
  ― GDPR Enhancements
  ― Reports Enhancements
  ― Listing Page Enhancements
  ― UI/UX Enhancements

• Final Thoughts

New Features

In Yo!Kart V10, business owners now get a unified workspace that connects all the dots of an eCommerce business: seamless shipping, hassle-free data migration, smooth payments, customizable product ribbons, and badges, offering a better interface for sellers and buyers. Let’s check out all the new features Yo!Kart V10 is bringing to enable eCommerce entrepreneurs to serve even better.

Data Migration from Shopify to Yo!Kart

Data Migration from Shopify is now supported in Yo!Kart V10. Admin and sellers can transfer all of their important data including products, customers, orders, sellers, and entities related to them from Shopify to Yo!Kart automatically, accurately, and securely. The software ensures no downtime on the current store, proper data transfer, and dedicated support during and after the migration to Yo!Kart.

Admin Shipped Product Listing Page

Admin can see the list of the sellers who have shipped the Master Products themselves. The master products that are shipped by the admin are also displayed on the listing page. Shipping profiles linked with the products can also be viewed by the admin.

Listing of Digital Products

Sellers/admins can add the preview (audio/video) of digital products like eBooks where buyers can view the sample/preview to get an idea of the product before making the purchasing decision. This trending feature of eCommerce is now available in Yo!Kart V10 by integrating JW Player plugin that gives your store an edge with increased conversion rates and efficient customer experience eventually reducing product returns.

Sellers and admins also have this option to attach the latest updates to the digital products with the orders that are already placed. Enabling this will send an update to the buyers who have already placed their orders.

Product Ribbons

Admin can create product ribbons (colored labels over product photos) for the products that require a spotlight. These ribbons make it easier for the customers to find the products they would truly love and help you to put your store’s best foot forward. Admins will have full control over these ribbons and can monitor and adjust everything from the dashboard.

Product Badges

Yo!Kart V10 comes with product badges which are textual and graphical labels used to highlight items in the store to draw the user’s attention immediately. These badges can be used to tap into powerful psychological triggers such as scarcity, social proof, and urgency to boost sales. The product badges are created by the admin and are of two types – manual and automatic.

Manual badges are needed to be linked with the shop/product by the seller which can with er be done directly or by requesting the admin. Automatic badges are automatically linked with the shop/product if it fulfills the conditions defined by the admin while creating the badge such as ratings, order cancellation rates, order completion rates, and many more.

Payment Gateways

With already more than 20 payment gateways integrated into Yo!Kart, Version 10 comes pre-integrated with 4 new payment gateways – Mollie, Payfast, YoCo, and QNB to streamline the sales conversion funnel even more efficiently. These multiple payment gateways ensure that your business is able to collect and disburse payments safely in any corner of the globe.

Additionally, multiple payment gateways would not only satisfy the choice of customers who have a couple of selected payment gateways in their mind but would also serve as a backup when there is downtime in any of the payment gateways. There will be no hindrance in continuing your business with multiple payment gateways that can fill each other’s gaps.

Shipping APIs

With ShipStation and AfterShip already integrated into Yo!Kart, the new version comes pre-integrated with 3 more shipping APIs – Shiprocket, EasyPost, and ShipEngine. The multiple shipping APIs allow you to compare shipping rates across all carriers and choose the best fit.

Reduced checkout abandonment, automatically validating addresses, real-time tracking, less time spent on tedious shipping tasks, and increased efficiency are some of the benefits offering a powerful competitive advantage for your eCommerce platform.

Rating/Reviews

Admin can now define new review/rating parameters at the time of creating a new product category. Additionally, the product, seller, and shipping can be reviewed and rated separately to have more transparency. Buyers can view the separate ratings for every parameter and not based on the average of all the ratings to make an informed decision.

Missing Product Information

There are around 20 parameters defined under the product/inventory module which are to be filled by the admin/seller before listing a product. Failing to fill in all these details of the product will prevent the product from displaying on the front end.

Enhancements

The enhancements and upgrades in Yo!Kart V10 include:

Performance Updates

Enhanced/updated cache mechanism to make your system optimized and enables you to perform the action quickly.
Dashboard segregation has been executed at the code level which again enhances the functionality of the system and ensures optimum utilization of resources.

User Experience and Enhancements

• Buyers do not need to set passwords for their accounts, they can register and log in via OTP.
  Fresh and new UI/UX for front end and admin dashboard.
• A help text section has been added on the Admin side for the majority of the Primary Pages explaining the steps and impacts associated with functionalities. It appears on the right side of a page at the Admin’s end.
• A sorting feature has been introduced on the listing pages to perform bi-directional sorting operations.
• User experience improved for All Categories page and Seller’s Shop page.
  Intensified the use of SVG sprite images (Vector-based) and grouped its management in a more easy way.
• Increased the number of layouts for Categories, Products, Banner, Brands, etc.
  Comparison of different sellers’ prices on the Product Detail page offering more options to the buyers.

Alert & Suggestion Text Bar (Admin)

An alert and suggestion bar has been introduced at Admin’s end to display the necessary information to be kept in mind (as a warning/recommendation) while filling/configuring the details related to that module or submodule.

Tax Module Enhancements

Introduced new form fields while setting up Tax rules in order to handle various to-from workflows.

Stripe Connect Enhancements

• The seller onboarding workflow has been updated to a Stripe-hosted platform personalized page.
• Added payout delay settings under the Admin.
• Updated the payment page to the stripe-hosted solution.
• Removed the saved card functionality.
• Enhanced support for EU countries.

Product Addition Enhancements

• Single Page Flow: Every detail related to a Product can be filled/managed in one go and    Admin/Seller does not have to go through multiple tabs.
• Language-specific flow
• Product-specific Options Linking at the Inventory level: Once you have created a product, linked options to it, and then, added the inventory details for all the variants, you cannot go back to the Product Form and link more options to that product. However, you can add more option values for the options that have already been added to that product.

Inventory Form Enhancements

• Updated the inventory addition workflow.
• Once a seller configures product-related details, the system will automatically generate product variants listing depending upon the linked Options’ permutation and combination for that Product. But this will be the case when the Product options combinations count is below 20. If this count is greater than 20 then the user has to manually configure the Product inventories.
• The seller can add additional files while completing a digital order.

Theme and Font Enhancements

• Included Google Font feature in the system facilitating the user experience.
• Enhanced the color theme module with preview options.

Shipping Module Enhancements

• Option for Sellers to configure their own shipping APIs in the Dashboard.
• Option for Sellers to use manual rates with shipping API (Admin configured/Seller configured).
• Option for Sellers to use preferred API regardless of Admin’s side settings.

Note: We have proper documentation for the Shipping module covering multiple case-based scenarios.

User Management Module Enhancements

Admin now can create users in the Platform.

GDPR Enhancements

• Users can set their cookie preferences that can be used by the system based on their consent.
• Guest user data is stored in cookies while registered user data is stored in the database.
• Added management of functional, statistical, and personalization cookies.

Reports Enhancements

1. Sales
   – Sales over time
   – Products
   – Product Variants
   – Shops
   – Customers
2. Users
   – Buyers
   – Sellers
   – Affiliates
   – Advertisers
3. Financials
   – Earnings
   – Profit by-products
   – Preferred payment methods
   – Payout
   – Transactions
4. Subscription
   – By plan
   – By seller
5. Discount Coupons

Listing Page Enhancements

• Added maps listing view for Products containing the Shop details and Price details corresponding to the Products available in this Shop.
• Added map view for all Shop listing pages.
• Option to increase the price of a product based on dates (Price Surge – Managed under the Admin>Promotions>Special Price Module).

UI/UX Enhancements

• User experience improved for All Categories page and Seller’s Shop page.
• Intensified the use of SVG sprite images (Vector-based) and grouped its management in a more easy way.
• Increased the number of layouts for Categories, Products, Banner, Brands, etc.
• Comparison of different sellers’ prices on the Product Detail page offering more options to the buyers.

Over to You!

The core user experience remains the highest priority for us here at Yo!Kart and along with the latest features, this release tackles a bunch of enhancements. That’s all from us for now! We’ll be back again with all the updates that our team is working on currently.

Until then, connect with us to have a chat about anything you might want to know about Yo!Kart V10. We’re all ears.

The post Diggiecorp Announces Release of Yo!Kart V10 – Easy Migration from Shopify, Enhanced UI/UX, New Features, and APIs appeared first on Diggiecorp Blog.

According to Vivino’s proprietary research, 93% of the people need help while purchasing wine. Heini Zachariassen, CEO and founder of Vivino-a San Francisco-based company, realized this problem in 2010. Casual wine drinkers felt overwhelmed with the options of wine available in the market and relied on the advice of seasoned wine connoisseurs to tackle this challenge to make selection easier.

Seeing the growing trend and popularity of mobile apps like Yelp and TripAdvisor, it made a lot of sense for Heini to have a similar platform for wines as well. That’s when Vivino was launched, to turn a smartphone into a perfect partner in wine. The idea was to fill the gaps in people’s knowledge and accessibility of wine. 

By simply scanning a wine label, users could get information such as the price, where they can buy the wine, and see how other wine drinkers have rated it. Soon, Vivino revolutionized how people purchased wine across the globe. However, Heini had still higher hopes to go beyond being a mere source of recommendation to evolving Vivino into a full-fledged online wine marketplace.

Table of Contents

• Growth Dynamics of Vivino Marketplace
• Vivino at a Glance
• In a Nutshell: Vivino Business Model Explained
• How Does Vivino Make Money?
• Payment Methods Supported By Vivino
• Geographic Extension Blueprints
• Customer TouchPoints Making Vivino Stand Out
• Vivino’s Attempt to Capitalize on Customer Behaviors and Opportunities
• How to Launch a Wine Marketplace like Vivino
• Final Thoughts
• Frequently Asked Questions

Growth Dynamics of Vivino Marketplace

Vivino burst onto the scene with the aim of becoming the world’s largest wine community. It relied on crowd-sourced data to personalize wine recommendations so people would feel more confident as they made their wine selections. The crowdsourced ratings actually offered a competitive advantage over individual wine experts and helped to scale the company.

However, as their popularity grew, so did their competition. As other similar services began to emerge in the market, Vivino needed to stay ahead of the curve. And, this was the time in 2017 when Vivino was launched as an online wine marketplace, which Heini had in mind since its inception.

Today, it has an ever-growing community of 50 million wine enthusiasts, who turn to the platform for its personalized recommendations, transparent rating system, and expansive selection of wines from more than 700 marketplace partners worldwide. The app is available in 15 different languages to cater to a global audience

Vivino currently has 12.5 million wines listed on its database, which is constantly increasing. As a testament to Vivino’s impact on the wine industry, it was named the 2021 Retailer/Marketplace of the Year by the Wine Enthusiast Magazine. 

Vivino at a Glance

Vivino is a well-renowned wine marketplace where both vendors and buyers can avail of its services. It has achieved remarkable growth since its inception and the numbers given below reflect its success. 

• The app has 425 million labels scanned to date
• Estimated funding of $221 million is raised
• Vivino has 72 million reputable ratings
• The marketplace app has reached a customer base of 50 million since its inception
• Vivino has an annual revenue of $67 million

The post How to Build a Wine Marketplace like Vivino – A Complete Guide appeared first on Diggiecorp Blog.

The increasing accessibility of the internet and simultaneous technological innovations offer fertile ground for the growth of modern businesses. This is particularly true for industry segments where internet technology forms the backbone of all the key operations viz. Online food delivery.

The global online food delivery market was valued at $106.1 Billion in 2021 and is expected to reach $223.7 Billion by 2027, exhibiting a growth rate (CAGR) of 11.44% during 2022-2027. The market is highly competitive, and some of the leading players offering online food delivery services include Deliveroo, Just Eat, Delivery Hero, GrubHub, and Uber Eats.

Seeing the growing popularity of this business, we have consolidated the list of the top food delivery software to build websites and mobile apps. However, before going through that list, let’s have a look at the evolution, challenges, and benefits of a food delivery business.

Table of Content

• How Food Delivery Has Evolved In The Past Decade
• Challenges in Food Delivery Ecosystem
• How a Food Delivery Software is Helpful
• Leading Software in the Food Ordering & Delivery Industry
• Our Methodology
• Bottom Line

How Food Delivery Has Evolved In The Past Decade

Food delivery has evolved to become one of the fastest-growing markets. Food delivery, a system whose origins can be traced back to ancient Rome, has evolved to a whole new level of delivery of food.

It has changed with the advent of technology, especially communications technology including smartphones and POS (point of sale) systems, and has become quite easy and simple – a few clicks and the food is delivered to you.

Companies like Pizza Hut allow customers to customize and order pizza from their websites. Many food delivery services at present, not only help customers order food but also offer a whole new world of convenience and culinary delights.

Challenges in Food Delivery Ecosystem

Shifting Customer Preferences

Every food delivery business’s main aim is to grow its customer base by offering the best value at an affordable cost. The rise of marketing tactics has spoiled customers for choices as the competition grows. This impacts brand loyalty significantly and makes the customer base unstable toward the business.

In pursuit of controlling customer attrition, food businesses need to deploy various marketing strategies to increase engagement.

Unstable Market Prices

The food delivery industry is becoming increasingly competitive with new players joining every day, making it difficult to crack the right pricing strategy. While the startups decide to work with less or even no profit, the existing players need to focus on implementing aggressive and defensive pricing strategies to compete with their rivals.

This puts more pressure on margins and affects profitability.

Lack of Efficient Logistics

Given the increasing popularity of food delivery, businesses need to have sufficient logistics to keep up with this ever-increasing demand. Else, the huge influx of orders makes it difficult for them to provide on-time deliveries. Expansive delivery radius, huge number of vehicles, large order numbers, maintaining food quality, etc. are some of the critical logistics challenges that hamper the proper functioning of startups.

Coping Up With Customers’ Expectations

Customers these days are quite informed and have huge expectations when it comes to food delivery. If the business fails to satisfy the customers’ needs, the business is a failed attempt. Moreover, not just the restaurant is accountable for working towards meeting customers’ needs, the food delivery business holds equal responsibility in doing so. Both need to work together proactively in order to fill in the gaps.

How a Food Delivery Software is Helpful

Since the demand and popularity of food delivery have grown and reinvigorated the food industry, food delivery software is a necessity that cannot be ignored by the food delivery businesses. Businesses that are not leveraging the benefits of food delivery software are missing out on vital benefits.

They fail to accommodate their customers properly, affecting the bottom line of their business significantly. Let’s go over the essential benefits offered by food delivery software.

Delivery Process Automation

Using food delivery software reduces the chances of manual errors and increases the automation of the delivery process. Different useful features like route optimization, customized branding, real-time tracking, COD management, etc. increase the efficiency of delivery processes ensuring successful and timely delivery.

Smart Data Analytics

Many food businesses underestimate the power of smart data analytics. Managers and data analysts will not be able to perform this activity as efficiently as food delivery software with smart data analytics. A food delivery software can easily analyze and present tons of data from different aspects to help you understand the inefficiencies of your food delivery process so that you can take relevant measures to improve it.

Real-Time Monitoring of Expenses & Inventory

Food delivery software updates the supply list, inventory, and expenses in real time. The business owner can review these to keep track of and manage everything more proactively. All these details come in handy while checking the sales of menu items, determining the best-selling menu items, tracking inventory, and ordering supplies.

Delivery Route Planning

While food delivery businesses strive hard to minimize the expenditures of last-mile delivery, it is considerably dependent on managing the number of stops and idle time. Food delivery software allows for forward-thinking route planning, real-time modifications, delivery time, and live ETA.

Seamless Communication

Communication is essential in the delivery process to reduce misunderstandings and lags in the delivery process. Food delivery software offers a strong communication channel between customers. Restaurants and delivery partners complete the delivery process in a quick and affordable manner. The software sends constant updates to customers, restaurants, and delivery partners to keep everyone updated about the delivery.

Customer Experience

Customer experience is what matters for an online food delivery business. It not only depends upon the taste and affordability of food but on the ordering & delivery experience as well. Food delivery software makes the whole ordering and delivery process so smooth, elevating the customer experience to a whole new level.

Leading Software in the Food Ordering & Delivery Industry

As the popularity of online food delivery is advancing, the software to build food delivery websites and mobile apps are also growing in numbers. The following article throws the spotlight on top food delivery software for aspiring entrepreneurs in the food industry. We have evaluated everything from ease of use to the features to help you pick delivery software for your business.

Yo!Yumm

Yo!Yumm is an advanced customizable food delivery software designed for entrepreneurs who are planning to launch a business around online food ordering and delivery. This feature-packed software is built with modern technology and integrated with several third-party APIs to expand the functionalities of a food delivery business.

Business owners can build self-hosted food delivery marketplaces and can take control of their food business from a centralized platform and save time and operational costs with this white-label food delivery software. The intuitively designed admin panel helps business owners manage their marketplace activities conveniently.

Recognized as an efficient and best software to build food delivery websites and mobile apps, Yo!Yumm delivers an enriching customer experience with robust backend and front-end designs, and strong website management capabilities. The software has been purpose-built with core food delivery-specific features to capture growth opportunities in this flourishing sector.

Highlights:

• No Recurring Fees
• Daily Sales Updates
• Reviews & Ratings
• Multiple Delivery Management
• Support for Restaurants
• Geolocation
• Real-Time Order Tracking
• Payment Tracking
• Menu Management
• Multiple Payment Methods
• Discounts, Offers, & Reward Points
• Push Notifications
• Mobile Apps
• Multilingual
• Multiple Restaurant Management
• Marketing Tools

Pricing

• GoQuick – $999
• GoQuick Boost – $3499
• GoCustom – Get a custom quote

The Andriod and iOS mobile apps are also available for the software.

*The amount to be paid for any package of Yo!Yumm is one-time fees.

Tookan

This is a delivery management platform that helps food businesses streamline operations and facilitate communication between restaurants and delivery partners. The platform has a wide variety of direct POS integrations to facilitate a seamless delivery experience. The administrative dashboard of the platform enables the users to track the orders in real-time.

Features like order tracking, geo-fencing, wallet, transaction log, etc. make it an ideal platform to meet the diverse requirements of a food delivery business and manage cumbersome administrative processes. Tookan assists to launch, run, and scale a food delivery business that not only attracts shoppers but also helps them in their complete food ordering journey.

Highlights:

• Geofencing
• Real-Time Order Tracking
• Route Optimization
• Offline Sync
• Agent Scheduling
• Agent Wallet

Pricing

Tookan can be purchased monthly or annually. The annual plans of Tookan are a bit more cost-efficient than the monthly ones.

Annual Plans

• Early Stage – $17/month
• Startup – $53/month
• Growth – $113/month
• Standard – $215/month
• Enterprise – RFQ

Monthly Plans

• Early Stage – $21/month
• Startup – $59/month
• Growth – $137/month
• Standard – $257/month
• Enterprise – RFQ

GloriaFood

This is software to build food delivery websites for restaurants to streamline point-of-sale operations and manage orders, table reservations, promotional activities, and more. The system provides free and premium solutions for increasing restaurant revenue via online branding, online ordering, and online table reservations.

The admin panel of the system is intuitive which allows the admin to select multiple delivery locations, define minimum order amounts, and set zone-based delivery fees. The menu builder module in the system allows businesses to customize digital menus by adding categories, photos, and pricing. The admins receive automated notifications of new orders and can accept/reject orders as per food availability.

The integrations with third-party applications such as QuestTag, ItsaCheckamte, Orderlord, and many more allow business owners to expand the functionalities of their food business.

Highlights:

• Website & Mobile Ordering Widget
• Real-Time Ordering
• Table Reservations
• Order Ahead for Reservations
• Vacation Mode
• No-Contact Delivery & Minimum Exposure Pickup Options
• Schedule Orders
• Detailed Reports
• Discounts & Promos

Pricing

The pricing of GloriaFood is not clearly mentioned on the website, as its price varies on the services selected, like:

• Online/Credit Card Payment Service
• Advanced Promo Marketing
• Sales Optimized Website
• Mobile Apps

Delivety

This robust all-in-one food ordering and delivery management software for restaurants transforms the cumbersome order flow process into delightful order management. Specifically built for multi-brand and multi-location ghost kitchens, Delivety boosts the efficiency of food delivery operations: from order taking to food preparation and from dish assembly to order delivery.

The software helps food businesses to deliver faster than their competitors at less cost and invest in growing the customer base. It enables restaurateurs to plan the workflows and manage the orders in real time for better performance and customer experience. Allowing food businesses to reduce human errors to zero, it helps them to stay ahead of the competition.

Highlights:

• Operator Dashboard
• Kitchen Display System
• Assembly Dashboard
• Food Ordering Website
• Menu Builder
• Recipe Editor
• Reports & Analytics
• Data Export

Pricing

• Pro Plan – $49/month
• Ultra Plan – $99/month

SpotnEats

SpotnEats is a software to build food delivery mobile apps that allows entrepreneurs to start a mobile-app-based food delivery business without any hassle. Keeping in mind the amount of time, effort, and money spent in building a food delivery app, the company has made this readymade script to reduce the time to market and ease the workload of entrepreneurs.

The knowledgeable and technically strong team of professionals of SpotnEats has the ability to incorporate all kinds of features in an easy and efficient manner. With the objective of launching a food delivery business within a matter of days, this customizable software includes an adaptive workflow that allows customers to place their orders effortlessly.

Highlights:

• Opening Hours Management
• Dedicated Admin Dashboard
• Instant Notifications
• Real-Time Delivery Tracking
• Commission Management
• User Management
• Payment Reports
• Menu & Food Category Management
• Pricing Management

Pricing

Not available on the website

Foodesoft

This is an UberEats clone to build an on-demand food delivery business. This fully-featured software to build food delivery websites is ideal for food delivery businesses that are looking to scale without much hassle. Foodesoft delivers future-ready food delivery marketplaces with immersive user experiences acting as a catalyst for new growth in online food delivery.

Highlights:

• Mobile Apps
• Order Management
• Order Tracking
• Auto Dispatch
• SMS Gateway
• Payment Gateway Integration

Pricing

Not available on the website

Kopatech

Kopatech offers a multi-restaurant online ordering system to build a multi-restaurant food delivery marketplace. With a suite of integrated features, the online ordering system of Kopatech empowers foodpreneurs to build online ordering platforms like UberEats. The leading technology set up and back the supply chain of your online ordering platform.

Built around a scalable architecture, this software to build food delivery mobile apps can be extensively customized to offer each feature and deliver a contextual user experience for each user journey. With mobile apps and web portals for buyers, sellers, & delivery staff, it makes it easy for startups to set up their online food delivery marketplace that is simple to use and navigate.

Highlights:

• Customer Insights
• Email & Push Notification
• Guest Checkout & Cash on Delivery
• Multilingual
• Real-time Restaurant Status
• Order Status & Delivery Status

Pricing

Not available on the website

Noshway

Noshway is an online food ordering and food delivery management system that has been built to cater to all the concerned stakeholders of a food delivery business – business owners, customers, and delivery partners. To smoothen the initial struggle of setting up a food delivery business which includes establishing, break-even, and optimizing finances, Noshway aims at providing stakeholders with a high-tech platform.

The software is easy to use and affordable that streamlines processes and increases productivity. The features and customer support of the software are quite impressive and the team is committed to delivering projects within time and budget.

Highlights:

• Contactless Menu & Delivery
• High-Speed Installation
• Pre-Built Payment Methods
• Order Tracking
• Table Reservation
• Advanced features

Pricing

Not available on the website

Our Methodology

Choosing software for the food ordering and delivery business is not a quick or easy process. Many business owners are put off by the number of products available and the time needed to evaluate each one. Getting it right in the first instance is important as businesses cannot afford to make a mistake.

That’s why we compared dozens of online food delivery software that can accommodate the requirements of SMBs as well as enterprises. We made sure that our listed platforms are reliable and useful for the business owners and therefore, we considered various factors while selecting them. Below listed is our criteria for selecting the food delivery software.

Features

Important to note is that every online marketplace has a unique set of features, each tailored to its own target audience. We understand every food business’s distinctive needs and therefore, evaluated and prioritized all the features required for a food delivery marketplace and ranked the software according to them. 

Add-Ons

Aside from basic features, we also looked for thoughtful touches that bring more for the same price and robust features that help the software stand out. We highly value all the software options with extra add-ons that help businesses when starting a food delivery platform.

Ease of Use

The success of every food business depends a great deal on speed and efficiency. That’s why today’s food delivery management software provides access to intuitive dashboards, user-friendly apps, and preset templates for making the whole process hassle-free. The software with one-on-one installation guidance, training video tutorials, and diligent customer support that’s available round the clock are ranked high in this list.

Integrations

Software with third-party integrations or the capability to integrate with third-party extensions help food businesses manage everything from a centralized platform. We understand that third-party extensions expand the functionalities of the platform and therefore, have ranked software that offer pre-integrated extensions or direct integration with popular extensions, high in the list offering.

Pricing

While many of the software listed do not have their pricing available on their website, we have tried to include also the ones with affordable prices for startups. Our list also includes the software that offer monthly as well as annual subscriptions for businesses to make informed decisions.

Bottom Line

The online food delivery industry is only getting stronger and more popular every day, which means startups must strive to stay on top of trends to build their position in the market. All the software listed above are feature-packed to help food delivery businesses to keep up with the current trends and experience a potential increase in sales and revenue.

The post Best Software To Build Food Delivery Websites and Mobile Apps appeared first on Diggiecorp Blog.

The increasing demand for maintained hygiene and sanitization in households with dual incomes and busy lifestyles has catalyzed the number of cleaning websites launched in the industry. Fueled by the expanding gig economy, the cleaning services industry offers lucrative work opportunities to diverse, skilled service professionals. Furthermore, marked with a CAGR of 7.19% in the forecast period 2025-2032, the cleaning service industry is expected to reach $734.17 billion by 2032. Delivering its services to residential and commercial establishments such as homes, office buildings, restaurants, hotels, and hospitals, the industry’s future looks bright.

Furthermore, since the COVID-19 lockdown period of 2020-2022, the industry has witnessed a pivotal transformation in the housekeeping industry with a boost in strict cleaning and disinfection regulations that skyrocketed the cleaning services globally. Because of its nature, the industry remained invulnerable to even the most drastic market fluctuations. This is where the idea of launching a centralized cleaning service website arises, where multiple cleaning service providers can sign up and deliver their services to highlight themselves amongst the competition and increase their online presence.

Several examples of cleaning service websites are available in the industry, such as Helpling, MyClean, Housekeep, Handy, and TaskRabbit. In return for connecting service providers with customers, these marketplaces primarily charge a small commission rate for revenue generation. Let’s take a closer look at how you can build your cleaning service website along with the industry outlook and business model.

Market Overview: Growth & Opportunity in Cleaning Services

Cleaning services are witnessing enhanced business growth with an increasing number of modern populations choosing convenience as a value proposition. Dual-income households, small and large families, the real estate industry, and more are some of the major examples of populations inclined towards this industry, adding to its increased market revenue.

• Online service booking platforms have witnessed a whopping rise of 150%, spiking progressively after 2022. 
• 70% of the service booking population of the United States prefers eco-friendly, sustainable, and resource-efficient cleaning services. 
• 40% of the urban population prefer subscription-based models over one-day service hiring. 
• 50% home service businesses are in search of skilled home service professionals. 
• The prospect of a niche-specific cleaning service website is also on the rise, with a 30% increase in the demand for allergen-free cleaning. 

Why is an online presence a game-changer?

An online presence brings forth a plethora of opportunities for new cleaning websites or existing businesses expanding their business in cyberspace, catering to a large consumer base, or building a franchise in the industry. Furthermore, to get a clear look at the advantages of having an online presence, listed below are some of the key benefits of the same.

1. Enhanced Online Presence

An online presence has the ability to attract an increased number of potential user types with enhanced visibility of the cleaning service website. There is also an opportunity to franchise your business after expanding your cleaning business in one location, with the multilingual and multicurrency functionality of your cleaning service website.

2. Streamlined Business Operations

A cleaning business model allows start-ups, SMBs, or large businesses to streamline and automate their business operations, further cost-effectively handling the large-scale management. The process is automated from the service booking to the secure payment system.

3. Increased Brand Awareness

An intuitive, well-designed, and easy-to-use Uber for cleaning services showcases the professionalism of the business. Henceforth, increasing the trust and credibility of the cleaning service website, further improve the marketing opportunities. An increased brand awareness is therefore the key to higher revenue generation and profits.

4. Data-driven business decisions

Analyse the behavior and preferences of user types with the website traffic analysis. Furthermore, a business owner can also optimize the marketing strategies and services offered to the customers of the cleaning service website, pointing towards the advantages of a strong online presence.

5. Direct Customer Engagement 

Engaging directly with the customers evidently increases the credibility of your cleaning service website. Address concerns, questions, feedback, reviews & ratings to increase engagement, credibility, and build healthy consumer relationships. So, this utilizes online presence as a game-changer to also establish the brand name.

6. Caters to the Rising Gig Economy 

The rising gig economy has added to modern luxury, and the availability of diverse service categories at your fingertips is an asset-light but profitable business that can be pursued strategically to launch a successful online cleaning services website.

Business Models for Cleaning Services Websites

The actual workflow of a cleaning service website varies depending on business preferences, market preferences, and technology used. For a brief overview, we have given the exemplary workflow below.

Operations Workflow of a Cleaning Services Website

• Independent service providers and cleaning companies create their profiles on the Uber for cleaning website. 
• Customers upload their job requirements on the marketplace and service providers place their bids.
• Customers browse the profiles of all service providers who placed their bids. They thoroughly go through their service packages, work proposals, experience, portfolio, and bidding amount to select a winning bid.
• Customers can also directly hire service providers by browsing their profiles through the calendar booking feature and choosing their preferred skilled professional. 
• To finally select a cleaning services provider, customers submit the service cost on the marketplace itself
• The marketplace deducts its commission and transfers the rest of the amount to the service providers’ eWallet
• The service provider connects with the customer and completes the job. After the job completion, both user types can rate and review on the cleaning website, which further enhances the credibility of the platform. 
• Once the service provider reaches the minimum withdrawal threshold amount, they can withdraw all their earnings to their bank account. 

The business models are also distinctive based on the workflow, depending on the hiring process. Given below are the four popular business models that are adopted by business owners in the cleaning marketplace.

• Bidding Module: The bidding module allows skilled service providers to bid on jobs posted by customers with all specifications. Customers can choose their preferred bid and professional based on their profile. 
• Direct Invitation: This hiring process allows the customers to browse through the registered professionals on the cleaning service website to find the most suited service professional. 
• Service Packages: The housekeeping professional can curate tiered service packages, with the services offered and the listed prices. This allows customers or homeowners to hire according to their own convenience. 
• Hybrid Hiring Module: The hybrid hiring module allows a cleaning services website owner to equip their platform with all three business workflows and gain traction from all of its target audiences. 

For a more elaborate interpretation, some marketplaces have a direct hiring option that bypasses the entire bidding process. The direct hiring model works in two ways.

• Hourly Costs: Service providers and companies mention their hourly rates on their profiles. Customers explore their profiles to check for their experience services offered and skills, and directly hire their preferred service provider on an hourly basis.
• Service Packages: Service providers upload packages with fixed prices on the marketplace. Instead of hiring them on an hourly basis, customers buy their service packages, and the providers deliver the services.
  

Essential Features to Include When You Build a Cleaning Services Website

A business owner can attract different user types of a cleaning services website, and cater to their demands, but to retain these consumers, one has to integrate their platform with user-friendly and intuitive platform features. When an entrepreneur decides to build a cleaning services business, they have to ensure the inclusion of the listed essential features.

1. Detailed & Secure login: Build a cleaning service website that allows all of its user types to add profile details, soft skills, certification, work experience, portfolio, languages spoken, and more. 

2. Advanced Job Posting: This feature allows customers to hire a skilled professional personalised for the job posted, with budget, skills, images, and other attachments as required. 

3. Internal Messaging: The integration of in-app messaging allows users to streamline and engage in easy collaboration. Therefore, assisting in offering better support to the users. 

4. Easy Job Search: This cleaning website feature helps users find jobs with easy filters, including delivery timeline, job categories, budget, and required skills for job competition. 

5. Job Bidding Module: Service provider can easily bid on a job with their preferred amount and job proposal. Customers can choose their preferred service provider based on their bids, proposals, and experience. 

6. Issue Resolution: To build a cleaning service website, a service provider must look for a conflict resolution feature that allows the platform owner to resolve issues related to unsatisfactory work quality, work delay, or payment issues. 

7. Booking Calendar: The calendar booking feature assists customers or service seekers to directly hire expert service professionals easily and schedule the services according to their convenience while avoiding double booking. 

8. Reviews and Ratings: This feature is essential to enhance the credibility of a platform, along with assisting the customers to find reliable service providers and vice versa, according to the reviews and ratings published on the platform. 

9. Auto-generated reports and Analytics: Navigating business pitfalls can be made possible with informed & data-driven business decisions. Therefore, invest in software that provides insights on top-performing professionals, top clients, more inclined service categories, and more. 

10. Robust User Dashboards: The user dashboards are the main functional unit for each consumer type, which simplifies as well as amplifies the user experience with personaized and essential features, therefore, increasing business retention for the cleaning service website owner. 

11. Multilingual and Multicurrency: Business owners can aim towards global expansion and franchising with the multilingual and multicurrency features, which assist in accommodating global user types effortlessly and efficiently. 

12. Company Listing: Cleaning service business owners can enroll as private companies and take on large-scale projects such as real estate, relocation, or moving. This encourages enhanced business for the cleaning service websites. 

13. Service Packages: Skilled service professionals can efficiently use the tiered subscription packages to list their diversified services along with prices for the same, for direct hiring, offering diverse services. 

14. Job Cancellation Window: To protect the interests of the service providers and avoid off-marketplace deals, affecting the revenue inflow, this is an essential feature integration. The features set a pre-defined job cancellation window and charges to avoid such transactions, as once the cancellation window is over, the cancellation option will no longer be available to users.

15. eWallet: This system allows streamlined management of payments and earnings on the platform. The cleaning service website owner sets a minimum withdrawal threshold and an interval period after which the registered service professionals can withdraw from their eWallets. 

16. Split Payment: The split payment allows the platform owner to leverage the benefits of automated distribution of admin commission and service fees to the admin and the service providers, respectively.

Leading Cleaning Service Websites in the industry

The following cleaning services websites have been delivering online services in the industry for several years and have successfully distinguished themselves from the rest of the competition. To launch your own cleaning service website, you can take a reference from these marketplaces.

An entrepreneur or new business owner can also cater to the industry gaps left unnoticed by the leading marketplaces and employ consumer feedback to launch a successful cleaning service website. Next, the blog looks into a detailed guide to create a cleaning service website. 

Step-by-Step Guide to Create a Cleaning Services Website

After thoroughly understanding the business model and market dynamics, you can move forward toward developing your own cleaning services website. This six-step guide will assist new-time founders and existing business owners to launch their powerful website.

Step 01: Understand the Industry Dynamics by Conducting Detailed Market Research

Understanding the market size becomes of utmost importance before a business owner decides to build a cleaning services website, as a successful business caters to the industry pain points, embodying the consumer feedback, accumulated through conducting a detailed market research of the market size, Porter’s 5 forces (competitor analysis), PESTLE, and SWOT analysis.

An entrepreneur can also analyse the in-demand niches and build a cleaning service business that integrates the website with the diverse service categories that assist the target audience. Some of the examples of the popular and most requested service niches are listed below.

• Green cleaning website 
• Bathroom cleaning website 
• Carpet cleaning website 
• Car cleaning website 
• Window cleaning website 
• Medical cleaning website 
• Kitchen cleaning website 
• Corporate cleaning website 
• Pool cleaning website 
• Gym Equipment Cleaning website 
• Pressure Washing website 

Step 02: Integrate High-Yielding Revenue Streams

Diversification in income streams is required to ensure steady returns and to launch a successful and profitable cleaning service website. On a cleaning services website, the platform owner can use the following revenue generation channels.

• Service Commission: Integrate your cleaning service website to charge a commission fee on all service categories listed on the platform. 
• Sales Commission: You can also charge a commission on the sales of service packages. Therefore, earning revenue through the subscription packages in exchange for added perks and services. 
• Featured Listings: To showcase some service providers in the most highlighted areas of the marketplace, you can charge for featured listings. Similarly, a job posting can also be highlighted for a higher number of bids on the cleaning website, available at additional charges. 
• Pay-Per-Click Ads: The PPC model can also be used on a website where different service providers and third-party advertisers can create an ad account. On every click or sale that takes place through an ad on the marketplace, the ad fee will be automatically deducted from the advertiser’s account.
• Paid Registrations: To earn upfront revenue and to make the marketplace less reliant on sales, the admin can employ paid registration. He can also use a freemium model: free for independent service providers and paid registrations for cleaning companies.
• Own Services: Lastly, the website owner can list their own cleaning services on their cleaning service website.

Step 03: Features to Look For in Your Cleaning Service Website

To ensure the proper functioning of your cleaning service website, you need a thoughtful set of features that can help you deal with numerous business use cases and streamline daily operations. Supplementary to the previously mentioned essential features in cleaning services websites, here are some more added to the list.

• Social Sign-up: Multiple sign-up methods, including social sign-up through users’ existing Gmail accounts and Facebook accounts, will simplify the onboarding experience and improve the registration rate.
• Custom Registration Form: Once users sign up, you need the functionality to display a custom registration form. The form will include all custom fields that you feel are required to do cleaning business operations on your website. These can include identity details, profile user name, previous work experience, services provided, languages spoken, and more.
• Company Profile: Along with individual service provider profile creation, you can also allow users to create company profiles. This will make your marketplace more attractive to existing cleaning companies from whom you can charge higher commission rates or offer paid features.
• Multiple Job Types: For diversification in jobs, allow customers to upload different types of cleaning jobs, including biddable jobs, fixed-price jobs, public jobs, and private jobs.
• Direct Job Invitation: At the time of job posting, allow users to send direct invitations to various service providers. In the case of private jobs, direct invitation is also the only method to reach out to service providers.
• Multilingual Filter: Add a multilingual filter on the marketplace to make it more welcoming for users from diverse backgrounds.
• Commission Management: The option to set your commission rate and apply it on a global level or per service provider basis. 

You should look for the aforementioned features in your readymade software. You can either find these on the software’s official website, or you might need to book a personalized demo. Once you find the readymade software, you can purchase its lifetime usage license and start building your cleaning services website.

Along with the readymade solutions, there are multiple development approaches to select from, with each having varying benefits. From a business perspective, let’s analyze which approach will provide more value to entrepreneurs.

Step 04: Select the Development Approach

Primarily, you get two approaches, which are custom development or readymade software. These approaches can be further divided into the waterfall development method, the agile development method, and SaaS or self-hosted software. However, for better assistance in choosing the right and aligning the developmental approach to build a cleaning service website, given below

1. Custom Development: This method is a comparatively high-priced developmental approach that is based upon hourly rates for each developer assigned to the project. Moreover, the long delivery timeline also deprives you of any first-mover advantage.

2. SaaS Solutions: SaaS-based are monthly recurring, readymade support for your cleaning services website, but they aren’t sustainable. SaaS solutions have monthly recurring costs with added costs for additional features and functionalities, limitations on transactions, listings, user profiles, and features. To grow your business, you will need to upgrade to premium SaaS subscriptions costing hundreds of dollars every month.

3. Self-hosted Software: These are cleaning service websites powered by self-hosted solutions on your own choice of server and come with a lifetime usage license. This makes them highly cost-effective in the long run. Additionally, there are no such restrictions as present in SaaS software. You can onboard as many users, create unlimited product listings, and do limitless transactions, making your marketplace highly scalable and ready for all stages of growth. 

Step 05: Configure The Cleaning Service Website

After purchasing the lifetime license, your software provider will deploy it on your selected server, which can either be an in-house server or a third-party hosting service like AWS. Once deployed, you can start configuring the cleaning business model.

Consider the following checklist to configure the marketplace.

• Brand logos and other trademarks
• Color schemes
• Navigation menus
• Homepage content
• About us page
• Contact us page
• Terms and conditions
• Bank details
• Commission settings
• Social media handles
• Discounts and promotions
• FAQs
• How to Get Started blogs and guides

The entire marketplace configuration can take anywhere between 2-10 days. You can also speed up the process by preparing webpage content in advance. Once configured, create test profiles on the to review workflows and other processes.

Step 6: Onboard Cleaning Service Providers

On any online marketplace, the number of customers is directly proportional to the number of cleaning service providers and vice versa. This requires you to have a well-thought-out service provider onboarding strategy, including various incentives for new registrations.

To encourage more registrations, the following are some incentives and marketing campaigns that you can implement on your cleaning services website development.

• Provide zero or lower commission rates for the first few service provider registrations.
• Provide free featured listings and header section advertisements.
• Conduct outbound marketing to personally reach out to cleaning companies and register them.
• Run search engine ad campaigns to improve your website’s visibility to customers.
• Use print advertising, such as newspaper ads and magazine ads to attract local cleaning service providers.
• Launch social media marketing campaigns to boost your online presence.
• Publish press releases on dedicated PR websites that distribute your news to a large news network.
• Build social proof by collecting reviews and ratings.
• Grow your word of mouth by taking help from business connections, family, and friends.

Estimated Cost to Build a Cleaning Services Website

The cost to build a cleaning service website is determined by multiple factors, including the developmental approach selected by the cleaning service website owner. The industry has three proven methods- custom development, SaaS-based software, and self-hosted solutions, available at a lifetime licence.

Thus, out of all the options, self-hosted readymade software provides the unmatched benefits we are looking for in a cleaning service solution, including readymade support with a feature-rich architecture, long-term cost-effectiveness because of its one-time cost, and reduced time to market.

Yo!Gigs- The Best Cleaning Service Website Software

Yo!Gigs is a Diggiecorp-powered on-demand service software that caters to diverse business domains, industries, and niches in the cleaning service sector. It is a dedicatedly developed end-to-end cleaning services website solution and a powerful Uber for cleaning solution. Unlike other software solutions that are more or less page builders, requiring you to manually do a lot of customizations, Yo!Gigs provides comprehensive support right out of the box. Along with all the essential features mentioned above, Yo!Gigs is a highly professional Uber for cleaning software designed with an intuitive design that helps you establish a strong brand image and provide the best customer experience in the industry.

Additionally, Yo!Gigs caters to all use cases that you may encounter during your cleaning service website operations. It helps you overcome various challenges and provides high flexibility and freedom to customers. Let’s take a look at all the top reasons to select Yo!Gigs to build your Uber for cleaning website.

• Self-hosted software is available at a one-time cost, making it highly cost-effective in the long run.
• Supports direct hiring, job posting, bidding operations, and even service packages.
• Fully customizable to meet any additional business requirements.
• Comes with unlimited listings, transactions, and user profiles so that you grow and scale your business effortlessly.
• Comes with an advanced set of features that help you deal with daily business use cases.
• Comes with 12 months of free technical support to ensure uninterrupted business operations.

Conclusion

Cleaning service websites primarily gain popularity because of two reasons: the sheer number of cleaning service providers looking for new jobs and the convenience they provide to customers. To meet both of these criteria, a proper execution of your business model is required. This includes paying focus on technology, services, branding, customer support, vendor onboarding, and more. While growing any marketplace business takes time and effort, the right software, you to direct your time and efforts in the right direction. You can get a better understanding of the market in less time and start providing quality services, which further helps in reaching the breakeven point faster.

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To make the most of this growth, many individual private tutors and tutoring centers are moving online to reach more students. And why not, content management systems used today have eliminated all the hassle and made it quite easy to build online tutoring platforms.

One of the most extensively used CMS across the globe- WordPress powers 60 million websites, which is almost 40% of the internet.

The Growing Popularity of WordPress or Wix

As an open-source, WordPress or Wix enables entrepreneurs to build and launch online tutoring platforms without a huge investment. At the same time, the themes, plug-ins, templates, and extensions in these content management systems help to build custom websites without too much hassle. So, as entrepreneurs plan to start their eLearning business, it only makes sense to opt for these tried and tested content management systems, right?

The answer, however, may not be as simple as one thinks. One question that frequently rises among the eLearning business owners – Is WordPress or Wix good enough for launching online tutoring marketplaces? Or specific software built entirely to accommodate the needs of online tutoring platforms should be the way ahead. 

WordPress or Wix Alternative- Yo!Coach

To clear the doubts and answer these questions, we are introducing an alternative to WordPress or Wix in this article that can be used to build platforms around online tutoring and coaching. Yo!Coach – a versatile solution to build online tutoring and consultation marketplaces like Verbling, Preply, and Clarity.

This is a readymade software with handpicked features to meet the diverse needs of eLearning businesses. The framework of Yo!Coach is fully customizable and is compatible with many other niches that follow the synchronous learning/consultation business model. Being a dedicated tutoring software with comprehensive features, the platforms built on Yo!Coach are much easier to use than the ones built on WordPress or Wix. 

Certainly, WordPress and Wix have a number of useful features required for online tutoring that can be used to build tutoring websites, yet they still leave out a lot of features that users yearn for. Yo!Coach, with its broad range of tutoring features, fits the bill perfectly. This white label solution comes with a lifetime license and no recurring fee.

How Yo!Coach Stacks Up Against WordPress or Wix

We have discussed below the points of difference between the two to help aspiring entrepreneurs make an informed decision.

Security

When it comes to security and data privacy, the framework of the eLearning websites built on WordPress and Wix needs to be redefined to ensure that everything remains safe. Being the most popular CMS and having an open-source code make these content management systems more vulnerable and easy targets for security threats and cyber-attacks.

Certainly, the WordPress team is available to fix the security issues, however, it is possible only if the website is updated to the latest version which is released after every 152 days. Moreover, the update to the latest version also means all the integrated extensions and plugins also need to be updated, else the site still remains somehow vulnerable to threats.

Such issues do not occur with Yo!Coach. The software is fully secure and also complies with GDPR’s right to erasure regulation to maintain the security and privacy of its users.

Development Process

Building a tutoring website is not as easy as starting a blog on WordPress. It requires a steep learning curve which is tough to get the hang of for most people. WordPress has shortcodes, a type of markup which is used to enable different features on the frontend by typing in a quick command.

Many plugins and extensions have their own shortcodes making it more complicated. The inefficient code can slow down the loading time and can even make your website incompatible with mobile devices making it a more serious problem for the ranking in search engines.

Yo!Coach, on the contrary, is a readymade online tutoring software that does not require deep knowledge of coding and development. The development team of Yo!Coach delivers a fully-functional platform customized as per your specifications. Moreover, the development team is also available post-delivery, should you need more customization in the future.

Scalability

Content management systems are known to offer the benefit of scalability. WordPress and Wix are both highly scalable and can run well in the cases of regular or even mid-level websites. However, when it comes to large-scale platforms, WordPress and Wix fall short. The plugins of WordPress or Wix are not equipped to deal with thousands of users using the website simultaneously.

If that is not enough, the extensions added to the website make it heavier and slower to load. On the other hand, Yo!Coach offers a much clinical path for scaling the website, even at the enterprise level. This is testified by the fact that several enterprise-level eLearning websites across the world built on Yo!Coach are running successfully.

In a nutshell, WordPress or Wix-based tutoring websites are not as scalable, in terms of cost and time, as the websites built on Yo!Coach.

Technical Support

As far as customer support is concerned, WordPress and Wix do not provide dedicated technical support for their customers. Neither any documentation nor user manual is available for the plugins and extensions, should the functionality supported by them goes down anytime. A WordPress forum is certainly available to help the users fix a technical glitch, however, it also does not assure any definite solution.

Yo!Coach comes with free technical support for 1 year along with a user manual and support documentation for the users. The users can reach out to the team at Yo!Coach via email or call or live chat support. Getting in touch with the developers working behind the code is much more efficient and faster to resolve any bug in the software.

Native Features

The native features of an online tutoring platform like live tutoring, session scheduling, text messaging, online whiteboard, online payments, analytics, and many more are not available on WordPress websites without the use of plugins. Separate plugins for each functionality need to be installed which eventually increases the size of the website over the years.

Yo!Coach comes with all the aforementioned features out of the box since it is specifically designed to build tutoring platforms. The extensive list of features available in Yo!Coach specific to eLearning reduces the time and effort required to set up and install each plugin separately.

Moreover, no compatibility issues arise with Yo!Coach, unlike WordPress, where an incompatible plugin can often bring the complete website down.

Admin Dashboard

This is an exceptional section that offers complete control over the website. A number of tools to manage day-to-day operations like user management, session management, payment processing, data management, reporting, marketing, and communication are executed from the admin dashboard.

The admin dashboard of the tutoring websites built using WordPress and Wix is loaded with plenty of plugins and extensions making it cumbersome to manage the administrative processes. Yo!Coach, at the same time, has an exceptionally intuitive admin panel for effortless management of the platform.

It allows the admin to quickly access the state of the business and decide what actions need to be taken.

Live/Personalized Demos

As the websites developed using WordPress or Wix are all differently built for different industries with different goals, these content management systems do not have demos. Users can’t have a look at the working of these content management systems and decide whether they align with their vision or not. Stakeholders are not able to get the insights of the content management systems to gain trust and reliability.

Yo!Coach, on the contrary, offers free personalized demos of the software. These walkthroughs of the software give first-hand experience to the business owners showing the product’s capabilities and how it can be used in a tangible way. The demos of Yo!Coach are geared towards identifying the prospects’ pain points and solving them.

Pricing

WordPress or Wix requires a huge number of plugins and extensions to add even the basic functionalities required for tutoring online. Many of these plugins are the premium ones that require regular renewals for continued working. The aggregate costs of these plugins increase at an exponential rate as one adds more advanced functionalities over the course of time.

Yo!Coach, on the other hand, comes incorporated with all the basic and advanced features required for online tutoring. It does not require plugins and extensions for video conferencing, text messaging, scheduling sessions, collecting/disbursing online payments, and all other functionalities required.

We did a thorough comparison between WordPress or Wix and Yo!Coach, and it is safe to say that Yo!Coach edges WordPress or Wix. There are numerous plugins for practically every functionality required for online tutoring that can be customized as per the requirements, and the marketing features even help boost the reach of the website.

However, quite like the situation of too many cooks, sometimes, too many choices can also become overwhelming. Yo!Coach, being eLearning focused, has all the relevant features in-built and ready at the disposal, unlike WordPress or Wix which costs extra for every single integration into the platform.

Also, it is a lot of hassle to set up WordPress, while Yo!Coach is easy to set up and get started with. 

WordPress or Wix requires a huge number of plugins and extensions to add even the basic functionalities required for tutoring online. On the other hand, Yo!Coach comes with Pre-integrated API’s.

Online Tutoring Platforms Built Using Yo!Coach

The team of Yo!Coach works hard to build cutting-edge tutoring experiences that create measurable impacts for the clients and change the way tutors and learners think, feel, behave, and perform. Below is a snapshot of the major clients of Yo!Coach across different niches.

Simbi

Simbi is a brand that inspires people to read and improve their reading skills. With a mission to make reading more meaningful, it partnered with various schools and helped students improve their reading skills. However, as the pandemic hit, Simbi could not deliver physical classroom sessions and intended to shift online for reading sessions.

Yo!Coach played an instrumental role in Simbi’s transformation to an online reading platform. Simbi, now with the help of Yo!Coach, is able to deliver online group reading sessions for the students. The platform has already attracted a number of students on its online platform and is growing significantly.

Nexia Wellness

Nexia Wellness is a community of health and wellness experts dedicated to helping people reach their health and wellness goals from the comfort of their homes. The platform is created with the desire to unite conventional Western medicine and holistic health practices. The platform strives hard to help people seeking weight loss help, Ayurveda practitioners, and functional medicine practitioners.

Yo!Coach, as their technology partner, helped them revolutionize health and wellness coaching by launching an online consultation platform and thus enabling them to conduct online sessions. The consultation seekers can browse a network of integrative practitioners on the platform with a wide range of specialties to connect with them through instant messaging and virtual sessions.

WTutors

With a mission to help learners all over the world connect, communicate, and learn WTutors was an offline tutoring business offering learning and skill improvement opportunities to the students. Although the founder wanted to have global tutors onboard, it was not financially viable for an offline business.

That’s where the idea of moving online struck his mind. Yo!Coach became the ideal readymade solution to help him realize this idea. WTutors now connects students and tutors from all across the globe for live video sessions. WTutors has also expanded its tutoring services to many other niches like language learning, music learning, and even offers preparation for competitive exams.

Portal Teach

Portal Teach is on a mission to develop the largest online learning platform that connects students with qualified teachers for private sessions through live video chat. With the goal to offer flexibility to teachers and students across the globe, the platform is continuing to grow the subjects, teachers, and offerings on the website.

Portal Teach also offers group classes to the students in addition to one-to-one sessions. Yo!Coach became an ideal solution that could meet all the requirements listed by its founders. From integrated video-conferencing features for live one-to-one or group sessions, together with a whole host of other modules, Yo!Coach enabled them to launch a robust tutoring learning platform.

Trusity

Trusity, a learning management platform, was launched to provide end-to-end solutions for students, teachers, parents, and schools. With an aim to empower learners worldwide, it offers curriculum-based Learning Support, Conceptual Learning, Skill Development, and Competitive Exam guidance. By connecting quality teachers with students through an advanced robust learning platform and technology, the programs are aimed at the holistic development of a child.

The integration of Yo!Coach in Trusity enabled interactive one-to-one sessions between students and teachers. Trusity is now able to offer a user-friendly interface to navigate different areas of the platform. A comprehensive tutor search panel, detailed availability calendar, and a fluid booking process are all based on Yo!Coach’s architecture.

Conclusion

There you have it, our take on the key differences and advantages of Yo!Coach over WordPress and Wix. Throughout the article, you might have learned that there are many content management systems to choose from for your business, but only a dedicated tutoring software like Yo!Coach can effectively address all the relevant needs of an online tutoring business. 

At the end of the day, deciding where and how to build your tutoring platform will come down to what fits your budget, bandwidth, and goals. If you take the hassle of coding and don’t mind tackling technical uncertainties, WordPress might be the right choice for you.

However, if you want to simplify every part of building, managing, and marketing your tutoring platform, no other name than Yo!Coach can get you covered. Get started today and we will be here with you every step of the way on your online tutoring journey.

The post Are You Planning To Build an Online Tutoring Platform With WordPress or Wix? appeared first on Diggiecorp Blog.

The incessant growth of online learning technologies has prompted music educators and learners to consider the possibilities of learning music online. Increasing internet penetration, smartphones, and tablet usage have all contributed to the growth of the online music learning market. The global online music learning market is expected to witness a steady growth rate of 17.63% during 2025-2033 and hit 73.27 billion by 2033. 

Driven by the increasing popularity of online music learning platforms, the rising number of people learning music as a hobby, and the inclination of individuals to adopt music as a career, the online music learning industry presents lucrative opportunities for enterprenuers. Considering the rising demand, it is the right time to capitalize on the growth opportunities by building an online music learning platform. 

If you are interested in launching an online music-learning platform, then in this blog, we share all the necessary information including benefits, popular music learning platforms, business models, and the steps to build your own music-learning platform seamlessly. 

Benefits of Building An Online Music Learning Platform

Building an online music learning platform presents numerous benefits for entrepreneurs. Let’s have a look at them. 

• Cater to a High Demand: The number of individuals interested in learning music is on the rise, and they are looking for online music learning platforms for a convenient and flexible learning experience, creating a high demand. By launching an online music learning platform you can cater to this lucrative industry and huge demand. 
• Global Reach: With an online music learning platform, business owners can reach out to a global audience. They can break the geographical barriers and expand their business beyond borders. It is also beneficial for learners living in rural areas as it gives them access to music experts even if they are miles apart. 
• Low Investment: Building an online music learning platform is not a very costly affair. With the right assistance and technology, business owners can enter the industry cost-effectively. A very low initial investment is required to build an online music-learning platform.
• Connect finest music mentors with students: With an online music learning platform, you can bridge the gap between the finest music mentors and students all over the world. Moreover, with a unique value proposition on the platform you can earn maximum profits. 

Popular Music Learning Platforms

The massive growth potential of the industry has attracted scores of startups from all over the world to stake their claim on the gains. Let’s discuss the stories of a few of them:

• Sounds Kradle: Sounds Kradle is a Philippines-based music learning enterprise. The platform is highly secure and promises to deliver a superior learning experience with curated voice lessons from the country’s leading musicians. Individual lessons in singing and musical instruments like drums, guitar—acoustic, bass, electric piano/keyboard, and violin are offered on this platform. 
• The Maestro Online: Dr. Robin Harrison, a renowned pianist, organist, and vocal coach created an innovative online music platform – The Maestro Online, to train budding musicians with a catalog of virtual video lessons and live one-to-one coaching sessions.
• iMusic-School: This France-based online music-learning platform offers online music lessons in diverse fields of music including guitar, piano, Chinese instruments, harmonica, music theory, and singing. Along with detailed sessions, and master classes, iMusic-School also offers online music tools to facilitate the online music learning journey. 
• Berklee Online: An extension of the prestigious Berklee College of Music, Berklee Online offers numerous music learning courses for learners. Moreover, it provides a diverse range of courses that cater to various musical interests, and learning requirements. Furthermore, the platform’s flexible sessions make it an ideal choice for aspiring professionals who want to refine their skills and gain a deeper understanding of music. 

Business Model of Online Music Learning & Teaching Platform

Online music learning marketplaces have quite a simple business model. Other than admin, there are two more users (learner & coach). The detailed working of the platform is illustrated below:

After gaining knowledge about benefits, popular players, and business model, next, let’s know about the steps to build your music learning platform. 

Steps To Build Your Own Online Music Learning Platform 

Launching an online music learning platform may seem to be a cumbersome task in the beginning. However, by following the steps mentioned below you can easily build your music-learning platform.

Step 1 Select the Niche For The Platform 

Narrowing down the niche is crucial for the success of your online music learning platform. Analyze the market and assess the current demand, target audience, and competition to select your niche. Identifying and creating a target audience persona will help you offer niche-specific tutoring services that are useful and relevant to the audience. 

Different niche type in music learning involves: 

• Instrument coaching including guitar, piano, drums, and more
• Music theory
• Singing techniques
• Vocal Training 
• Fundamentals of music

Step 2 Key Features Of An Online Music Learning Platform 

Next, consider the key features to deliver a convenient and satisfying learning experience on your online music learning platform. 

• Multilingual & Multicurrency For a Truly Global Reach: A music learning platform with multilingual and multi currency features offers the best opportunity to make the platform global and tap into new geographic markets. Learners from all over the globe can access the platform and achieve their music learning goals.
• Feedback To Engender Trust & Social Proof: To create trust and transparency on the music learning platform, the Learners should be allowed to rate/review the teachers and courses. It helps other learners make an informed decision while choosing teachers and courses for themselves. 
• Multiple Payment Methods For Maximum Conversions: Having multiple payment methods offers a ton of advantages that help make your music learning business more profitable. It also increases the geographic coverage and lets the learners make the payment in their own currency.
• User Registrations and Profiles: Providing a flexible and convenient user registration process is essential for providing a user-friendly experience on the platform. Individuals should be able to seamlessly make accounts, set preferences, and keep track of their session orders and payments. 
• Interactive Tools For Engagement: For an engaging and satisfying music learning experience it is extremely important to take advantage of collaborative and interactive tools. Some of the important tools include video conferencing, screen sharing, and recording, live chat, and more. 
• Discussion Forums and Quizzes: These community-building tools help people connect with each other, and other musicians, and share their experiences, and suggestions. Whereas, with quizzes music instructors can keep a track of student’s progress and knowledge gained. 
• Marketing Module: A proper marketing module packed with features to attract targeted visitors to your music learning platform is an essential requirement. Marketing features like SEO, Blog, and Google Analytics, enhance your brand image, improve your online visibility, and bring more business to improve your cash flow.

Step 3 Finalize the Revenue Channel

After shortlisting the features, the next important step is to finalize a robust monetization strategy. Implement diverse revenue channels on your online music learning platform. Here are diverse profitable revenue streams for an online music learning platform: 

• Commissions: Charge a commission fee from music instructors for connecting them with learners on your platform.
• Subscriptions: Offer annual or monthly subscriptions for availing services on your platform. 
• Sponsored Listing: List music instructors on your platform prominently and help them reach out to the students in return for a fee. 
• Advertisements: Enable other businesses to advertise their products or services through your platform by charging them advertising fees. 
• Certifications: Provide certificates to learners after completion of different levels in their music learning journey and charge a certification fee. 

Step 4 Develop Your Online Music Learning Platform 

Now, the next step involves developing your online music learning platform. There are primarily two types of development methods– custom development from scratch and readymade software. 

Custom Development 

A team of experts including web developers and designers build your online music learning platform from scratch. This team will transform your business idea into reality implementing your business idea. This development method requires high financial investment and may take a few months or even years to launch your platform. 

Readymade Software

An alternative to custom development is to opt for readymade software. Readymade software solutions offer all essential features and functionalities to build and launch your online music learning platform. Moreover, these solutions are customizable & scalable and provide all the capabilities to launch your readymade software. The financial investment required for readymade software is much less compared to custom development.

Additionally, the time to market is very low for ready-made software and it may take around a few weeks to launch your online music learning platform. 

Yo!Coach is a popular readymade software to launch your online music learning platform. It offers all the essential features and functionalities to seamlessly run your business operations. Moreover, its robust admin-specific features make it a top choice for entrepreneurs. 

Some of the top features of Yo!Coach include: 

Features For Music Instructors: 

• Video conferencing tools 
• Live chat
• Availability calendar management
• Course/session price management 
• Reviews and ratings 
• Certificate management 
• Course creation 
• Teacher performance report

Features For Music Learners:

• Video conferencing 
• Online sessions, pre-recorded courses, and offline sessions
• High-quality video streaming 
• Virtual whiteboard, screen sharing & recording 
• Multiple payment options 
• Multilingual and multilingual functionalities
• Progress tracking 

Features For Admin: 

• User management
• Commission management 
• Reports and Analytics 
• Homepage management
• Content management
• Theme management

Other Benefits Offered by Yo!Coach:

• Self-hosted & White-label
• Lifetime license
• Source code ownership
• Customizable & Scalable
• Supports 10+ business models 
• Caters to 15+ niches 
•  GDPR compliant
• Years of industry experience
• 1000+ global clientele 
• Industry-specific features 

Online Music Learning Platforms Build with Yo!Coach 

• Hello Music World 

Built with Yo!Coach, Hello Music World is educating a large number of children across the globe. They offer innovative music teaching programs along with one-on-one, group sessions, and self-paced courses. 

Case Study

• Instrumently

Instrumently is an online music learning platform built with Yo!Coach that connects music masters with those interested in learning music. Yo!Coach team helped Instrumently in fulfilling their goal of providing interactive music sessions and bringing together music enthusiasts, and music masters on a single platform. 

Trusted by many businesses all over the world, Yo!Coach offers everything to build, launch, and boost your online music-learning business. To know more about its global client base view complete portfolio.

Step 5 Launch and Market your Online Music Learning Platform 

The final step is to launch your online music learning platform in the industry and promote it efficiently so that it reaches out to your targeted audience. You can follow the mentioned below are the marketing strategies to promote it efficiently. 

• Identify your unique value proposition.
• Onboard the best, experienced musical instrument players, vocalists, and music trainers.
• Implement content marketing strategies.
• Leverage social media to promote your music learning platform and build a community of music enthusiasts. 
• Create targeted email campaigns 
• Opt for partnerships with popular personalities from the music industry.
• Take advantage of paid advertisements and influencer marketing
• Offer loyalty programs and discounts
• Opt for affiliate marketing

Conclusion

The online music industry presents lucrative business opportunities in the coming future. Considering all the steps mentioned above you can successfully build and run your own online music learning platform. A comprehensive solution to launch a feature-packed online music learning platform is Yo!Coach. Harnessing the power of technology to move music learning forward, this solution helps manage all the cumbersome tasks of an online music learning platform.

From managing the teachers and learners to optimizing the processes of the platform, Yo!Coach offers dynamic features to amp up your music learning business. With the right set of features in Yo!Coach, you can save your precious time and get your online music learning platform up and running.

The post How To Build an Online Music Learning Platform appeared first on Diggiecorp Blog.

Table of Contents

• The COVID-19 Spectre – How Global Consulting Industry Fared During The Pandemic?
• Trends That Will Shape The Future of Global Online Consulting Industry
• Consulting Firms Jump On The Digital Bandwagon
• Consulting Niches Where Digitalization Became the Norm Amid The Pandemic
  ― Health & Nutrition Consulting
  ― Management Consulting Services
  ― Virtual Interior Design Consulting
  ― Virtual Beauty Consulting & Retailing
  ― Financial Consulting
• Starting an Online Consulting Business
• Final Thoughts

The COVID-19 Spectre – How Global Consulting Industry Fared During The Pandemic?

The COVID-19 outbreak brought the global economy to a standstill and had far-reaching consequences that were felt across all industries. The consulting industry is no exception to that. While hard to estimate, researchers did try to come up with a number for the knock-on effect on the consulting industry and predicted that the industry could lose up to $30 billion in revenue in 2020. The magnitude of the disaster looked almost certain to cause a recession in the near future. 

Trends That Will Shape The Future of Global Online Consulting Industry 

The pandemic shaped the consulting industry trends moving into 2021 with an expectation of a dynamic shift towards virtualization, digital disruption, and flexible & personalized offering to businesses. Let’s discuss the key trends that are set to shape the consulting industry post-pandemic.

• Greater Emphasis On Tangible Outcomes: The businesses seeking consultation in the post-pandemic era will anticipate quantifiable results. There will be an expectation from business consultants to eliminate the expensive diagnosis and implement cost-effective solutions. They will also be required to make sure that their strategies are aligned with the operational realities and are easily measurable.

• Personalized Consulting For Unique Business Challenges: Since all businesses have different requirements, they are no more looking for off-the-shelf solutions, which are not specific to their business’s needs. Business consultants are now expected to eliminate the one size fits all model and know the operational insights of the business. This will facilitate them to bring adapted services to the table that meet the industry, functional, and client context.

• Remote Consultation Over In-Person Consultation Visits: Working with businesses via remote consulting became the modus operandi in the post-pandemic world. This led to the widespread usage of virtual consulting platforms. Fast-tracking virtual consulting platforms can deliver the same outcomes as traditional consulting and are going to remain strong in this new era.
• Long-Term And Deeper Involvement In Business Operations: Consultants in the past would leave once they’d offered their services and seen them implemented in a business. However, clients now expect consultants to be fully involved and get deeper insights as well as share the risk of implemented solutions. Consultants are required to build value-oriented business models instead of gearing towards quick wins and chasing new opportunities.

Consulting Firms Jump On The Digital Bandwagon

In response to the pandemic, online consultation was rapidly adopted as the means to reinvent the industry one more time. It allowed the consulting firms to continue offering their services while quarantining at their homes. Surprising everyone with the speed and success of the transformation, digital consultation leapfrogged several years of progress in a matter of a few months. Consumers turned to digital channels and businesses made sure to best meet their shifting demands. 

Consulting Niches Where Digitalization Became the Norm Amid The Pandemic

Pandemic has changed the dynamics of the consulting industry. While some consulting firms went out of operations, many particularly in the Telemedics market witnessed a surge in demand. Also, there was a silver lining in the Healthcare, Management, Interior Design, Beauty and Finance sectors where many existing players and startups adopted digital solutions to combat the challenges of COVID-19. Let’s take a look at how these niches have been transformed in the aftermath of the pandemic. 

Health & Nutrition Consulting

Online Healthcare Consultation witnessed a sharp growth during the pandemic as COVID-induced restrictions prompted customers to move online. The market size is expected to reach $298.9 billion by 2028 growing at a CAGR of 22.4%. Apart from the increasing chronic conditions and rising demand for self-care, the key drivers of this online shift include increasing internet accessibility and cost-effectiveness for doctors as well as patients.

Practo Technologies, an E-health platform tracked a 600% growth in online medical consultations since the lockdown started. The platform also found out that 70% of all users were first-time telemedicine users and 45% from smaller cities. Another on-demand online healthcare service Mfine has grown 3-4 times in recent months. The platform has over 500 hospitals with more than 3000 doctors out of which nearly 250 hospitals were added between April and June 2020.

Management Consulting Services

The global market of management consulting services which was estimated at $146 billion in 2020, is expected to reach $179 billion by 2027. As people were confined to their homes during the pandemic, clients, as well as consultants, switched to online consulting platforms to keep their work moving. Moreover, post-COVID, businesses also need the guidance and expertise of consultants to map out future strategies and business scenarios. They need to restructure their operations, ensure business continuity, and build resilience for any future disruptions.

Centri Business Consulting LLC launched Centri Virtual in September 2020 to accommodate the growing demands of the industry. Having physical offices in New York City, Denver, Colorado, the company launched its online platform(Centri Virtual) to support its vast client base. The scope in the industry also prompted Amazon to acquire Selz, a startup that helps and assists entrepreneurs to sell products online.

Virtual Interior Design Consulting

This is another industry that significantly transformed because of the pandemic. People started to look for renovating their homes as soon as stay-at-home orders were passed. They required some additional space for the office and for the kids to play. However, many of them did not have the know-how to bring these projects to life. This is where virtual interior design consulting came into play.

Porch, an online marketplace connecting homeowners to contractors, tracked 330 million US Google searches for home improvement work between June to August 2020 which is almost 50% up from the last year. The chief economist at Porch, Max Anderson also says that 2020 saw the highest levels of home improvement spending in the US.

Virtual Beauty Consulting & Retailing

Amid the ongoing pandemic, when the retail sales of beauty products slowed down to just 1.1%, beauty brands focused on delivering customer services online. Brands like Cos Bar, Laline, and Innersense worked to reinforce their digital presence, which became vital to keep the customers engaged with the brand. Offering personalized beauty advice with a virtual skincare consultation and an online shopping experience from the comfort of their home became the permanent fixture while everyone was practicing social distancing.

The beauty brand Credo Beauty partnered with the live chat platform Hero, to facilitate virtual appointments for customers. Using CredoLive, the company can maintain business continuity and drive customer connection exponentially for a sales boost. The online platform now drives around 15% of the brands’ digital business. 

Financial Consulting

The coronavirus crisis pushed many financial advisors and their clients to embrace technology and new practices to communicate. Although the shift brought many complications, the transformation created the potential for faster and flexible communications which resulted in improved services and reduced costs. Moreover, the hardships experienced by the businesses throughout the pandemic made virtual financial consulting more imperative to keep the businesses afloat.

McKinsey estimates that approximately 42 million households worldwide, representing $66 billion in annual revenues across banking, borrowing, and investing, are already prime candidates for virtual financial consulting services.

Starting an Online Consulting Business

Starting any business is challenging, and starting a business where your goal is to help other businesses is even more challenging. Given below is a cursory guide that can help you kickstart your online consulting business and reap maximum dividends for your expertise.

• Select Your Niche: Starting with your online consulting business begins with the inspection of your skills and knowledge. Instead of adopting the new trends in the market, make sure to stick to the industry and niche of which you have a profound understanding.
• Choose a Business Model: Entrepreneurs make a lot of mistakes when choosing the business model for their consulting marketplace. Having a proper business model crystallizes your idea and negates many errors. The efforts that go into preparing the business model prove out to be invaluable at the later stages. Online consulting has 3 core types of business models:
  1) Marketplace Consulting Model: This model connects consultants with clients as per their requirements and acts as a mediator between them. Usually, consulting firms go for this business model when moving towards digital solutions. Expert360 and UpCounsel are popular marketplaces following the marketplace consulting business model.
  2) Machine-Driven Expert Network: This business model uses machine learning for matching consultants with clients. After the algorithm has picked the suitable consultants, the list has to be checked to select the best consultant for the job. This business model reduces the time for searching and finds more relevant consultants. Techspert and CleverX are online consulting marketplaces facilitating expert consultation using an AI searching system.
  3) Crowd-Funded Expert Calls: This business model shares the experience of an expert. As this model only works with clients who are comfortable sharing their insights with others, this is not suitable for every consulting marketplace. Nonetheless, there are marketplaces that follow this business model and Slingshot Insights is one of them.
• Launch Your Online Consulting Marketplace: Starting an online consulting business requires an online platform to engage potential clients and consultants. One of the many ways to launch an online consulting marketplace is to purchase readymade white-label software. It allows you to get into the market in no time and without much of a hassle. With a much lower cost than custom development, white-label software does not lack anywhere in technical functionality for creating an online marketplace.

Apart from being a great way to save time and money on starting an online consulting business from scratch, it also offers you the core functionalities and the ability to add more advanced features to your marketplace. One such readymade solution is Yo!Coach– an ideal solution to launch an online consulting marketplace.

• Advertise Your Platform: Now when you are all set with your platform for providing online consultation, having a proper marketing plan in place is imperative to find new clients. Here are some of the most popular advertising solutions to promote your online consulting marketplace.
  1) Have an SEO strategy
  2) Generate an email marketing campaign
  3) Use promotions to attract customers
  4) Conduct social media marketing
  5) Get your marketplace reviewed
  6) Run paid advertisement

Make sure you have all these approaches in your mind when you begin to advertise your platform. And, with time you can figure out which ones are turning out to be effective for your marketplace.

Final Thoughts

All in all, the consulting industry is one of the last few to embrace digital transformation. Even though digital disruption in consulting has been going on for some time and isn’t a newsflash, 2021 is definitely going to be the year when it shines the brightest given the current situation with the pandemic.

The post Rise of Online Consulting Platforms in The Post Covid 19 Era appeared first on Diggiecorp Blog.

Table of Contents

• Video Conferencing – Future of Online Tutoring
• Essential Video Conferencing Features to Deliver the Best Online Learning Experience
• Ways to Launch an Online Tutoring Platform with Video Conferencing Functionality
• Ready-to-Use Video Conferencing APIs
• Yo!Coach – A Video Conferencing Based eLearning Software

Video Conferencing – Future of Online Tutoring

Video Conferencing has become increasingly popular in the educational sphere over the past few years. This growing technology allows learners and tutors from different locations to connect in real-time using the internet and computing technology. It provides learners with the opportunity to learn when they aren’t able to attend classes. There are several other benefits to this style of learning:

• Remote Learning: This is one of the most significant benefits of video conferencing. Eliminating the geographical and time restrictions, learners and tutors can access the live sessions from anywhere in the world, which also includes the remote and rural areas.
• Enhanced Interaction: The one-to-one interaction between the learners and tutors isn’t always feasible in a traditional classroom. It becomes difficult for the tutors to spend as much time with the learners as required for efficient learning. Video conferencing gives them the opportunity to connect virtually irrespective of the time and location to provide and seek help.
• Encouraged Self-Paced Learning: Learners are not always teenagers, but also include working professionals and parents, who struggle hard to fit learning into their busy schedules. Video conferencing allows learners to schedule and attend the classes as per their availability and learn at their own pace.
• Engagement: Enabling unobstructed engagement, video conferencing allows participants to discuss, share material, and make their contribution in real-time simulating the real classroom experience but with greater flexibility.

Video Conferencing Features to Deliver the Best Learning Experience 

Whether one needs to collaborate with learners, host virtual sessions, or offer a way to the learners to communicate with online tutors, the features of video conferencing make it seamless for everyone to interact online without disrupting the flow of the class.

With the following video conferencing features, tutors and learners can elevate the classroom experience and increase productivity to a greater extent:

• Text Chat: This feature allows users to share textual information with other participants during a video chat session. The information could be a text message, document, or even an emoji.

• File-Sharing: Users can instantly send and receive documents during a video conference, which allows them to collaborate and communicate effectively. The file could be an image, audio, video, document, etc.

• Textpad: With several formatting features like font style, size, color, bullets, a Textpad helps the learners and tutors to create handy notes during the video session, which can be used for future reference.

• Multi-Party Video Conference: Tutors can get all the learners at one place for a group video conference making the virtual session as productive as they would be in person.

• Screen Sharing: The feature enables a user to see another user’s screen in real-time and direct them through the toughest of conversations and interfaces making the video session more interactive.

• Screen Recording: A number of video-conferencing tools offer the option to record and archive the sessions. Moreover, it proves useful for the learners who are not able to attend sessions due to sickness, official meetings, or some other commitments, video conferencing adds to their self-paced learning spree.

• Whiteboard: Incorporating the virtual whiteboard feature into the arsenal of video conference tools enables tutors to have clear and effective communication with learners aiding the learning-tutoring process.

Planning to Launch an Online Tutoring Platform with Video Conferencing Functionality?

Now that we have understood the significance of video conferencing in online tutoring sessions, let’s have a look at the ways to launch a similar platform.

• Custom Development: This approach involves developing the platform as per the specific business requirements. Also called a proprietary platform, this is built to attain the pre-defined and very specific requirements of the business. Development can be done either by hiring a team of in-house developers or outsourcing the task. In this method, you could either require your development partner to build the conferencing functionality from scratch or opt for a ready-to-use, third-party API compatible with your platform.
• Off The Shelf Software: Alternative approach is to go for a readymade solution that comes pre-integrated with video conferencing functionality. Businesses that have time and cost constraints can choose readymade solutions to launch their business instantly. While most off-the-shelf software are designed to cater to seemingly static requirements, a lot of them can be customized to incorporate a varying degree of features for specific business use-cases. 

Both approaches are ideal for different sets of situations. While buying a readymade solution is an affordable, easier, and more secure way, building your own online tutoring platform is more challenging. It is important to do homework considering various factors that underline your business goals. One also needs to set the priorities with regards to innovation and convention, risk and security, success and stability to make an informed decision.

Ready-to-Use Video Conferencing APIs and How to take Advantage of them?  

Turnkey APIs offer a great way to integrate video conferencing functionality in online tutoring platforms. Along with a number of advanced features that take a huge amount of time if developed from scratch, these APIs reduce the time-to-market and enable you to get into the market quickly.

Recommended APIs for Video Conferencing in Online Tutoring Platforms

Below listed are some popular APIs that offer essential features like screen sharing/recording, text chat, whiteboard to complement video conferencing.

AtomChat

Offering unparalleled features to connect tutors and learners in a collaborative and robust distance learning environment, AtomChat becomes an ideal video conferencing API for online tutoring platforms.

• Group Video Conferences
• One-to-One Video Chat
• File Sharing
• Theme Customization

Lessonspace

It provides the most versatile collaborative space for online tutoring. Along with its exemplary space for code editing, Lessonspace’s one-click connect makes it more than easy to get right into the session and get started.

• Multiplayer Learning Tools
• Import & Annotate Documents
• Code Editor
• Advanced Troubleshooting
• Noise Cancellation

Zoom

This is a complete unified communications platform enabling new ways of teaching, learning, and working across diverse educational environments. The tool provides flexible work environments to ensure continuity of academic services and communication across the platform.

• Screen Sharing/Recording
• Whiteboard
• Breakout Rooms
• Single Sign-On (SSO) for Classrooms

MirrorFly

Bridging the gap between the tutors and learners through virtual interactions, MirrorFly allows users to connect from any device making the learning sessions more interactive and engaging.

• SIP/VoIP Calling
• Live Broadcast
• Encrypted Chats
• Call Queuing & Waiting

WebEx

Engaging the learners and tutors digitally, WebEx provides an impactful and advanced virtual learning experience. With plenty of interactive features in the tool, it gets easier for the users to join the lessons and get started.

• Session Recording & Transcription
• Powerful Session Controls
• Google & Microsoft Calendar Integration
• Two-way Whiteboarding

Yo!Coach – A Robust Solution Pre-Integrated With Video Conferencing Functionality

Yo!Coach – a ready-made software to build online tutoring and consultation websites, is pre-integrated with AtomChat, Lessonspace, and Zoom, making it an ideal solution to launch a video-interaction-based online tutoring platform. In addition to these video conferencing APIs, Yo!Coach offers an array of features, which include location-based time scheduling, multilingual, multicurrency, review/rating, gift cards, flashcards, and many more that help in sustaining the current trends of the market.

With all these features, Yo!Coach becomes highly capable of bridging the gap between the tutors & learners. As the software is fully customizable, it is possible to build marketplaces serving many other business verticals listed below:

• Language Learning
• Business Consultation
• Music Learning
• Fitness Coaching
• Dance Learning
• Medical Consultation
• Legal Consultation
• Culinary Coaching
• Personality Development

Addressing the constantly evolving needs of users who are into online tutoring, Yo!Coach is a step forward to transform the traditional classrooms in the coming times.

The post Why Launch an Online Tutoring Platform With Video Conferencing Functionality? appeared first on Diggiecorp Blog.

Since the launch of Yo!Coach, we have focused on offering a feature-rich and fully customizable online learning & consultation software. While this focus has remained steadfast, we are excited to announce the upgraded and enhanced version – Yo!Coach 2.1 which is packed with new integrations and latest functionality. 

Over the past couple of months, we realized that the trends of digital learning are evolving with the ongoing advancements in technology.

Insights Drawn From Market Research & Client Requirements

• We identified that businesses required advanced real-time video conferencing tools and collaborative spaces to interact more efficiently.
• Businesses needed an advanced reporting engine integrated into their platform to measure and improve their marketing strategy and serve their target audience based on data-driven decisions.
• Since business owners had to deal with commissions and distribution of payments every day, payment management became the most significant part of every online marketplace.
• Last but not least, we also identified the need for premium security features to protect the personal data of the users including passwords and financial information.

To keep up with these trends and fulfill the requirements of the edTech startups and enterprises, we are here with a new release of Yo!Coach. The advanced features in the latest version are crafted for businesses to sustain the current trends and be ahead of the curve. 

Whether you are planning to launch an online tutoring/language learning marketplace or a business consultation platform, Yo!Coach is the ideal solution to ensure your business runs seamlessly. The update is another step towards adding more value to your business. 

Let’s learn about all the new features and integrations added in Yo!Coach:

New Integrations for Live Video Sessions

Zoom

Yo!Coach is now integrated with Zoom to enhance the experience of virtual classrooms. A meeting link is automatically generated once the session is scheduled enabling tutors and learners to interact in real-time.
Additionally, it also allows:

• Screen Sharing
• Dynamic Voice Detection
• Large Group Meetings & Webinars

Lessonspace

Integration of Lessonspace with Yo!Coach helps tutoring platforms to conduct one-on-one or group classes easily and more efficiently. Lessonspace offers an extensive set of features to seamlessly collaborate tutors and learners for online teaching.

Features of Lessonspace include:

• Multiplayer Learning Tools like shared whiteboards, documents, and code editors
• Import & Annotate Documents
• Manage Everything From Single Dashboard

New Integration for Marketing Insights

Google Analytics

To get the most from your tutoring platform, Yo!Coach 2.1 comes pre-integrated with Google Analytics. Drawing insights from in-depth analysis like visitor statistics, bounce rate, traffic sources, and much more, you can deliver better experiences and drive results.

New Payment Gateway Integration

PayPal PayOuts

This is a global, secure, and flexible gateway to issue payments to multiple vendors at once. Supporting 180 currencies around the world, PayPal makes the process of payment transfer more efficient and convenient. 

Enhanced System Security

GDPR Compliance

Yo!Coach is highly committed to the users’ rights to privacy and protection, and therefore, has now become GDPR (General Data Protection Regulation) compliant. It now aims to offer control to the users over their personal data. The compliance now enables business owners to assure the platform users who are concerned about their security and privacy.

Additional Enhancements

• Improved UI/UX: The enhanced User Interface of Yo!Coach gives you a competitive edge in the constantly growing industry. Facilitating the interaction between the user and your platform, the improved UI/UX maximizes the chances of turning potential visitors into customers.
• Detailed Business Reports: Yo!Coach provides a means to track and analyze the performance of your online business with its system-generated reports while identifying the areas of improvement and opportunity growth.
• Sitemap: The XML and HTML sitemap generated by Yo!Coach acts as a blueprint of your marketplace that helps search engines find, crawl, and index all of your website’s content. Indicating the most important pages, it will help visitors and search engines to navigate the website.
• Bank Payouts: Admin can now choose to set up the bank transaction charges (flat/percentage) which will be deducted from the tutors’ payable amount.

Build Your Niche-Specific Learning Platform With Yo!Coach 

As the upgraded version of Yo!Coach comes with new and advanced features, it is viable to build marketplaces specific to various niches. 

Yo!Coach is an ideal solution to build online marketplaces for:

• Online Tutoring
• Language Learning
• Business Consultation

Apart from these popular niches, Yo!Coach also supports various other business verticals with minor customizations:

• Music Learning
• Dance Learning
• Fitness Coaching
• Culinary Coaching
• Medical Consultation
• Legal Consultation
• Personality Development

The new version of Yo!Coach has much more to offer for your online learning and consultation business. In case you have a feature upgrade suggestion for us to include in Yo!Coach, feel free to get in touch with us.

The post Yo!Coach 2.1 Release: Here’s What You Need to Know appeared first on Diggiecorp Blog.