Web marketplace platforms rapidly gain their popularity. These comfortable systems, used for e-commerce purposes, bring together suppliers and consumers in one location while facilitating online payments.
We’ve prepared this post to tell you more about the basics of web marketplaces and the tech stack you may use during their development. Start finding it out right now!
The Fundamentals of Marketplace Web Resource
The marketplace website is an online store that provides information about third-party products or services and facilitates payment for the needed things or services. However, the price of the items offered on marketplaces might vary greatly because several merchants may offer the same thing to purchase.
The choice and accessibility of these things are greater than in specialized physical locations because online marketplaces gather products from a wide range of vendors. The buying and purchasing processes are performed due to intricate mechanism: it allows overseeing all activities carried out on the website. Both parties are aware of the terms and conditions of the partnership, including the commission structure, specifications for the items to be provided, service standards, etc.
Before moving to the tech stack, let’s talk a little more about the fundamentals of e-marketplace web resources. They come in three different types:
- Vertical for one niche. They provide goods from numerous merchants but sell the same type of products. Such marketplaces typically deal with premium suppliers, specialized products, and top-tier sellers.
- Horizontal offering products from a few different categories. They offer various products and services, but they all have one unique trait.
- The global market with various items (e.g., books, furniture, groceries, clothing, etc.). To meet the needs of more customers, they combine many market groups. There are several product categories, and merchants’ pricing proposals are competitive.
Well-known e-commerce marketplace examples by types
Tech Stack to Use For Marketplace Website Building
Considering how to build an online marketplace, you should identify the necessary features and move on to MVP development. During development, you should consider implementing in-app search using the Elastic Search technology, payments with Braintree and Stripe online payment solutions, and online chat (e.g., Firebase).
What are other technologies used to create the web marketplace frontend and backend, as well as provide third-party services? We enlist it below in order to give you a hint; however, you should consider that this tech stack is approximate and can be changed according to your particular business needs.
An approximate tech stack to build a marketplace website
Frontend
The website’s frontend is a client-side component. It incorporates the whole user interface, including all buttons and menus. The tech stack typically used for the marketplace frontend creation is the following:
- Angular
- JavaScript
- WebStorm
All the changes to it you can discuss together with your outsourcing tech vendor if you choose one. Furthermore, this vendor can help you find programmers that are skillful enough to build a powerful e-commerce marketplace website.
Backend
It is the platform’s server-side, which is hidden from the user. It gathers, settles, and makes available all the necessary data from the data access layer upon request. Moreover, it is required for all user-side functionality to function properly.
The technology stack chosen for backend development is usually the following:
- MySQL
- Node JS
- Amazon EC2
- Swagger
- Express 4
- Sequelize
Integrations
Developers may link various apps through API integration. APIs facilitate data communication across their systems, allowing them to incorporate various tools into the final result.
The approximate integrations you may choose for your marketplace website are the following:
- PayPal
- Stripe
- Amazon SES
- Twilio
- Amazon S3
Wrapping Up
In order to create a marketplace website, you should find reliable experts with in-depth expertise in such solutions creation. An experienced software development vendor can help you deal with this matter. The provider’s professionals will help you select a web marketplace type according to your business needs, choose the appropriate tech stack to give the solution a proper embodiment, as well as design an attractive e-commerce web marketplace, profitable, modern and customer-friendly.
Author bio
Yuliya Melnik is a technical writer at Cleveroad. She is passionate about innovative technologies that make the world a better place and loves creating content that evokes vivid emotions.