Ripul ChhabraMentor @ IDEA CLUB | Speaker | Entrepreneur
Bio

An entrepreneur with over 16 years of IT experiences in building websites, web applications, and mobile apps for top-tier companies as well as startups. I have worked for Fortune top 500 companies. I've successfully helped over 250 entrepreneurs, startups, and businesses. My expertise is in creating the online marketplace, learning management system (LMS), SaaS, directory, eCommerce store, booking portal, or any other application. I can help you with the conceptualization of your idea into a working Minimum Viable Product.



Recent Answers


Depending on the type of marketplace site, GMV is not the same as gross revenue. Example for sites like eBay, it is a reflection of the total value of goods sold, but not the actual revenue the company makes, as a portion of those revenues is for the sellers of the goods.

I've successfully helped over hundreds of entrepreneurs, marketplace owners, and businesses, and I would be happy to help you. Please send me more information before scheduling a call - so I can give you maximum value for your money. Take a look at the great reviews I’ve received: https://clarity.fm/ripul.chhabra


It great to see you want to grow more and achieve something 1st understand what you good at in thinking about the specific and important parts that no one else can provide but you. 2nd how you can improve that with your idea and skills 3rd create an online marketplace for your niche. To complete all this you have to understand what is chicken and egg problem and how the customer's cycle can work then only you can jump from being the middle man to entrepreneur
I've successfully helped over hundreds of entrepreneurs, marketplace owners, and businesses, and I would be happy to help you. Please send me more information before scheduling a call - so I can give you maximum value for your money. Take a look at the great reviews I’ve received: https://clarity.fm/ripul.chhabra


As with any other website, a mobile website is a browser-based way of accessing internet content. Unlike regular websites, it's designed specifically for mobile devices, and therefore is not displayed perfectly on desktop. Along with mobile, there's another broader concept of optimizing websites for smaller screens: we're talking about a website with responsive design. A responsive website contains HTML pages linked together, which are viewed in browsers over the internet. Here you won't find anything out of the ordinary. However, unlike regular websites, this particular type is geared to displaying correctly on all sizes of screens. It works well not only with mobile-friendly websites and desktop versions of them, but also properly scales down for smartphones and tablets with touchscreen interfaces. Therefore a responsive web design goes perfectly with the mobile device just as much as a mobile website.
Pros
Compatibility. A website enhances the user experience across different types of mobile devices. In contrast, a mobile application requires developing a separate version for each operating system and device type.
Broader Reach. Due to the multi-device support that responsive web design provides across various platforms, it's becoming easy to reach a broader audience than a mobile app can reach. In the "app vs website" debate, the website definitely wins in terms of the potential audience.
Support and Maintenance. Websites also cost less to upgrade. You need to maintain just a single version of them. Compared to mobile apps, which require downloading of every single update, responsive/mobile websites let you change the content or design just by editing them once and allow you to do that efficiently and flexibly.
Cons
Convenience. Unlike an application, a responsive/mobile website can't leverage all smartphone features as efficiently. Cameras, GPS, phone dialing, and other features integrated into mobile devices aren't always well developed for responsive/mobile websites. Another limitation to user benefits is a device's screen size. Of course, portability is the key reason why users enjoy having smaller devices on the go. However, mobile devices display a lot less content compared to a computer monitor or laptop screen. Both responsive design and mobile websites don't fully access all the content available on the desktop.
User Experience. Since mobile experiences significantly differ from desktop experiences, implementing the same interface for both platforms may harm your UX strategy.
Offline Access. Even if you design your mobile website in the lightest and most informative way possible, it still may work offline with only limited functionality using cached pages.
There are so many factors that are due to word count I can't list out all. We can schedule a call in more detail
drone marketplace What recommendations do you have to create a marketplace for FAA 107 licensed drone pilots to exchange services with companies?
Your marketplace has so many license limitations including FAA. You have to think about licensing and fees from FAA. The rest process will be very normal like other marketplaces. After developing a marketplace you should think about Digital marketing and how to monetize your market with your local and region related keywords
I need help to build the finance projection on my business to-b
most important you need to understand the basics of your finance. The next important step is understanding Finance tools, automation, and integration tool which can help you and your website. The most important part you required a mentor how to have 16 plus years of experience in an online marketplace. you can always contact me with further questions.


Always focus on the hard part and pull easy part with it, that what I would like to advise you if you have massive resources like money and time it's advisable to try " try and error method " if not you must get data of your business and go with data drove decision. I have created a blog for the same, you can refer it for more details.
https://techwink.net/blog/how-to-solve-chicken-and-egg-problem/


There are some key challenges I gonna address
Online Identity Verification: When someone visits your website, how do you know if that person is genuinely interested? Are they entering their real name and contact information? For all you know, all of the information they enter could be fake.
Solution: identifies and uses multi-layered authentication for fraud control. Some of its top features include electronic identity verification, SSN verification, instant authentication, and identity checks. Overcome these eCommerce business challenges by staying a step ahead of the hackers.
Competitor Analysis: In the super-competitive eCommerce business world, many competitors are offering similar products and services. So, how do you set yourself apart?
Solution: Conduct a thorough competitor analysis to find out what products your competitors are offering, and how much they’re selling it for. What platforms are they using to connect with customers? How are they generating leads? Do they have any promotions going on?
Customer Loyalty: Did you know that it can cost up to 5 times more to acquire a new customer than retaining an existing one?
Solution: To maintain customer loyalty, you MUST provide excellent customer service. Create positive experiences for your customers so they trust you. After all, if your customers are happy, it’s likely they’ll purchase from you again.
Product Return and Refund Policies: Never hide or try to trick customers about your return policy. Be transparent and make sure customers can easily find details about the return process. Make sure the policy is easily accessible on your website, and include FAQs to make things easier for your customer to understand. And finally, avoid words that are difficult to understand.

I've successfully helped over hundreds of entrepreneurs, marketplace owners, and businesses, and I would be happy to help you. Please send me more information before scheduling a call - so I can give you maximum value for your money. Take a look at the great reviews I’ve received: https://clarity.fm/ripul.chhabra


The cost to develop a marketplace depends on the option you choose. There are essentially two options for developing such a project.
1. Existing Solutions: You can develop on a platform, that offers certain ready features. Using these platforms is the fastest and cheapest way to develop such a website. These solutions start from a few hundred dollars, depending upon features, and cost increases with more features.

2. Build from Strach: Although this option demands more on time and money, a bespoke marketplace can be customized to meet your specific needs better than a platform. For functionality that is deeper and more robust, you may need to custom code a greater scope of features. This kind of online marketplace can be $20k or more.

Corresponding, maintenance is approximate $1,000-$1,200/year and will be focused on adjustments to the functionality.

I've successfully helped over hundreds of entrepreneurs, marketplace owners, and businesses, and I would be happy to help you. Please send me more information before scheduling a call - so I can give you maximum value for your money. Take a look at the great reviews I’ve received: https://clarity.fm/ripul.chhabra


The majority of online marketplaces operate with one of the three basic strategies: commission, subscription, and listing fees. But actually, there are many more revenue models on the market. Each of them has its own benefits and difficulties in implementation. I have already written a blog for this, you may refer to https://techwink.net/blog/how-to-successfully-monetize-your-online-marketplace.

Since there are already so many marketplace marketplaces for students/tutors so using a subscription, escrow or a direct services fee for the transaction wouldn't work. You need to think out of the box. I've successfully helped over hundreds of entrepreneurs, marketplace owners, and businesses, and I would be happy to help you. Please send me more information before scheduling a call - so I can give you maximum value for your money. Take a look at the great reviews I’ve received: https://clarity.fm/ripul.chhabra


Pay-per-click is an internet advertising model used to drive traffic to websites, in which an advertiser pays a publisher when the ad is clicked. Pay-per-click is commonly associated with first-tier search engines. Pay-per-click is commonly associated with first-tier search engines (such as Google Ads, Amazon Advertising, and Microsoft Advertising formerly Bing Ads). With search engines, advertisers typically bid on keyword phrases relevant to their target market and pay when ads (text-based search ads or shopping ads that are a combination of images and text) are clicked. In contrast, content sites commonly charge a fixed price per click rather than use a bidding system. PPC display advertisements, also known as banner ads, are shown on web sites with related content that have agreed to show ads and are typically not pay-per-click advertising. getting PPC is all about experience and knowledge. you should always consider an experienced person for that.

I've successfully helped over hundreds of entrepreneurs, startups, and businesses, and I would be happy to help you. Please send me more information before scheduling a call - so I can give you maximum value for your money. Take a look at the great reviews I’ve received: https://clarity.fm/ripul.chhabra


There are so many website builders available online. This builder can grow your business from zero to a hundred.
Wix is the clear front-runner in the race for website builder dominance. It's the biggest player with over 110 million websites built and boasts the greatest quantity of tools, capabilities, and freedom. Wix covers the full ease-of-use spectrum by offering an AI-fueled automatic website creator on one end ("Wix ADI") that requires minimal effort from the user, all the way to Wix Corvid, an open development platform for advanced applications like Javascript, databases, and data-driven dynamic pages.
Squarespace strikes us with one of the best UX and UI design. When you compare between Wix and Weebly in terms of ease of use, though it did get consistently positive marks from reviewers for the quality of design. Where I really think it really might shine is for small- to medium-size businesses who want a nicely designed page and room for e-commerce growth with lower transaction fees. When most people talk about WordPress, they're usually referring to the free open-source software available through WordPress.org. That's very powerful, but it takes some time to learn and still requires that you find a website host and domain name. If you're not interested in going the advanced route of WordPress.org, I feel hiring an experienced WordPress developer is the best solution for that.

I've successfully helped over hundreds of entrepreneurs, startups, and businesses, and I would be happy to help you. Please send me more information before scheduling a call - so I can give you maximum value for your money. Take a look at the great reviews I’ve received: https://clarity.fm/ripul.chhabra


For app developers, monetization is an incredibly important way of generating revenue without funding. It can also be incredibly effective given the number of time users spend on mobile apps every day. Most commonly used monetization models to run a commercial center. I'll show how the most recognizable marketplace apps with user/provider, such as Etsy, eBay, Airbnb, Upwork, and others, successfully simply meant these strategies. We likewise trust that our recommendation will assist you in picking the correct income model for your foundation. For detailed information, you can refer to my blog https://techwink.net/blog/how-to-successfully-monetize-your-online-marketplace.

I've successfully helped over hundreds of entrepreneurs, startups, and businesses, and I would be happy to help you. Please send me more information before scheduling a call - so I can give you maximum value for your money. Take a look at the great reviews I’ve received: https://clarity.fm/ripul.chhabra


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