However, users may disregard this option and concentrate on local sales. It ships to every US region, excluding Hawaii, Alaska and Arkansas. Put simply, Offerup is a local selling app available in the United States. More specifically, Offerup bought LetGo in 2020 and the resulting product became much more feature rich and flexible than the original solution. Offerup is a marketplace app created after a merger of Offerup and LetGo. In the next section, we will learn how Offerup works and what’s in it for end-users. Thus, there are solid reasons why building Offerup alternatives is totally worth the investment. According to some estimates, over 1.5 billion people are using digital solutions for shopping and selling. In the last quarter of 2021, marketers reported a 55% increase in consumer spending in eCommerce apps. Surely, a vast portion of this market belongs to the B2B segments, yet, consumer selling platforms like Offerup still account for the general growth of the e-commerce market.ĭriven by the increasing number of smartphone users, the availability of broadband internet, and the shift to online shopping induced by the COVID-19 pandemic, the marketplace software segment appears to be a highly lucrative area for investment. On a global scale, the e-commerce market size exceeded $9 trillion in 2019 and is predicted to reach $27.17 trillion in 2027. The demand for e-commerce software is huge around the globe, and with more people preferring to shop digitally, it is bound to increase in years to come. Below, we will cover some examples of buy and sell apps like LetGo and Offerup, go through their key characteristics, and offer a checklist of steps for building marketplace software. Selling apps are a promising niche for entrepreneurs. Through online marketplaces, people can connect to buyers and sellers internationally or in their area, buy items they need at a lower price, or generate cash by selling the things they no longer use through a digital service. Forget about old-fashioned flea markets and fairs – tech-savvy individuals are now using apps like Offerup to trade, sell or purchase their goods online.
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