The process of marketplace creation consists of several steps. First of all, you need to define your idea and identify the key benefits of building it. Take a look at top-performing marketplaces in the world to get a better idea of what you can create.
Then, you will need to decide on the right monetization model and come up with a unique project idea. After that, you will need to select a suitable development option: use a ready-made marketplace builder, a no-code SaaS, or create a marketplace from scratch.
During the development stage, you will need to take care of the design, choose the functionality set for admins, vendors, and customers, and build and test the first version of the marketplace.