The app aggregates the gap between buyers and sellers. They can easily connect via Letgo app to make a deal. The company claims that it takes less than 10 seconds for a user to post for a sale. And, there are no limits to selling the products on Letgo.
The best part of marketplace apps like Letgo is unique features. The platform comes with artificial intelligence, geo technology and image recognition technologies that draw the attention of the users. These technologies help to list the advertisement based on the regions. For a better transaction and person to person exchanges, the advertisements are listed in 50 miles radius of the users.
Artificial Intelligence and image recognition will help users to automatically set the title and category of the item. Another best part of Letgo is users can list products as well as services on the platform. Letgo supports the selling of goods and services both, which, in turn, attract more users to it. If you’re planning for a similar startup then it is a great idea to go for it.
Just like any other marketplace platforms, Letgo lets the users post the advertisements for free. Users can register on the platform via social media login. Sellers can post the picture of the item with a little description. Buyers based on the areas can have a look at the products and services. Buyers can apply the filter based on location, latest, price, category, distance, and many more.
Later, with the help of in-app chat or contact details, buyers and sellers can decide the time and fix the meeting. Remember, Letgo app just connects buyers and sellers, the product exchange process works offline. Buy and sell apps like Letgo does not charge any fees to the sellers. Letgo business model is quite different from that of other buy and sell marketplace apps.
The speciality of the Letgo app is its “Bump up” feature. The feature lets sellers list their products on top for the seven days in a row. Letgo will charge $0.99 to $3.99 to sellers for using bump up features. Marketplace apps like Letgo even come with two subscription plans for its users. If you’ve experience and knowledge about such buy and sell marketplaces, then developing an app like Letgo is good to go.
| Features | Web App (Hours) | Mobile App (Hours) | Approx Cost |
|---|---|---|---|
| Registration | 20 | 20 | $1,250 |
| Social Media Login | 30 | 40 | $2,000 |
| Product Page | 20 | 24 | $1,200 |
| Profile Page | 9 | 14 | $2,500 |
| Add Product | 10 | 24 | $1,200 |
| Advanced Filter | 24 | 40 | $3,000 |
| In-App Chat | 55 | 55 | $1,700 |
| Geo Location | 24 | $1,710 | |
| Notifications | 10 | 10 | $7,00 |
| Help Center | 24 | 24 | $610 |
| Reviews & Ratings | 16 | 12 | $450 |
| Capture Photo | 15 | $510 |
| Features | Hours | Approx Cost |
|---|---|---|
| Create Sub-Admins | 80 | $900 |
| Reports & Analysis | 80 | $300 |
| Complaint Management | 80 | $900 |
| Profile Management | 40 | $450 |
| Product Management | 40 | $1,200 |
| Payment Management | 40 | $1,800 |
| Commission Plans | 80 | $1,000 |
So, are you curious to know about how to create an app like Letgo?
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