Why Should You Build A Marketplace Like TaskRabbit

Online marketplace or electronic marketplace is the new trend in e-commerce. Most of the brands and established companies have listed their online store in a well-known marketplace. Many potential business owners already have developed a marketplace to have a profitable income throughout the year. The web world is filled with competition and opportunities, and if you just develop a marketplace, that will not fetch you any extraordinary profit or revenue income.

You have to develop something unique that will make your online marketplace exclusive of the lot. You can go ahead to develop a marketplace like TaskRabbit, definitely adding your ideas, values, policies, and identity to the market so developed. And the most crucial part is that you must get in touch with one of the best and most competent web development companies to hire marketplace developers to work on your marketplace project.

What Is A Marketplace?

The electronic marketplace or online marketplace is a platform where different brands and companies, along with their sellers and vendors, showcase or list their products and services to targeted traffic and customers. All the transactions in the marketplace are managed by the e-commerce site or marketplace website owner. If you want to develop a marketplace like TaskRabbit, you must know the benefits you would get.

The most significant advantages are:

• An additional source of revenue
• Cuts marketing cost
• Give business an international outlook
• The transaction is transparent
• Get profit 24/7/365
• Generates trust between brands and customers
• Earn income from each sale

However, if you plan to develop a productive and effective marketplace like TaskRabbit, get your project done by an experienced and established web development company. Develop a unique marketplace like TaskRabbit to establish your presence globally, widen your market, have an around-the-year business, and earn healthy revenue from each sale.

What Is TaskRabbit Marketplace?

The TaskRabbit marketplace is an online and mobile marketplace that connects various TaskPosters, who require help for a particular task with the tasker who will perform the work. The TaskRabbit is an American-based marketplace that helps to match freelance taskers with customers or consumers to find immediate help for everyday tasks.

Your day-to-day work is essential, but to complete the job, a lot of time is consumed. The TaskRabbit marketplace will allow you to choose a tasker viewing the detailed profile of the person. You will have the option to select from various taskers who fits the best to complete your task.

The TaskRabbit was founded in the year 2008 by Leah Busque. The headquarters of the marketplace is in San Francisco, California, USA. Consumers or customers across the globe can choose from tens and thousands of vetted, highly-skilled, background-checked professional ‘taskers’ from the TaskRabbit marketplace. The founder Leah Basque founded such a unique marketplace based on the idea of “neighbors helping neighbors.”

When Leah Basque found the marketplace, it was named RunMyErrand; it was named TaskRabbit in 2010. TaskRabbit raised almost $38 million in funding in 2015 and earned a revenue of about $5 million within the year 2011. If you want to build a marketplace like TaskRabbit, you must follow its business model so that you can monetize it from the beginning.

The heavy amount of funding received by the TaskRabbit marketplace indicates that investors have found colossal potential in its business. The various services offered by TaskRabbit marketplace include tasks that can help in customers’ everyday to-do list, help around the house, help for heavy lifting to unpacking and organizing staff, and get holiday help. To develop a marketplace like TaskRabbit, your ideas too must be unique to provide exclusive services to the customers.

What Are The Specialities Of TaskRabbit?

The TaskRabbit is one of those unique marketplaces in e-commerce that have earned global acceptance and accolades very soon post its development. It started receiving funds from the initial days. Scott Griffith, the Zipcar CEO, got so amused with the idea of the TaskRabbit marketplace that he offered a small space in his office to Leah Buque at the infant stage of TaskRabbit.

Tim Ferris, the eminent American author, entrepreneur, angel investor, and public speaker, disclosed his interest or wished to become an informal adviser in further conceptualizing the idea of TaskRabbit. Other than this, the marketplace offers innumerable services that can holistically help any customer or consumer in any working field.

The Services Of TaskRabbit :

• Delivery Service
• Home Repairs
• General Cleaning
• Furniture Assembly
• Help Moving
• Heavy Lifting
• Spring Cleaning
• Personal Assistant
• Yard Work
• Wait in Line
• Closet Organization service
• Office Administration
• Research
• Painting
• Plumbing
• Home Maintenance
• Baby Proofing

You think of service, and TaskRabbit is there to provide you with maintaining a thoroughly professional approach. And, if you have plans to launch a marketplace like TaskRabbit, now is the time to do so.

The TaskRabbit marketplace is special and unique not only for catering a holistic service to the customers or consumers, but the marketplace is proficient in delivering the task maintaining the following propositions:

• Easy to get help
• Saves time for customers
• Taskers with a clean background
• Every task is insured upto $1,000,000
• Cashless payment
• Local jobs in and around the neighbor
• Work at customers’ convenience, no scheduled job

For the task doers, the policies of TaskRabbit are also very employee/tasker-centric. Like:

• Taskers get wages or get paid immediately after the task.
• Taskers get a better return on increased reputation or feedback.
• The app generates taskers’ payments on completion of the job.
• The tasker can accept or cancel the job according to convenience and availability.
• Underemployed or unemployed or to make some extra money can apply
• Hourly rates of payment
• Taskers can leave the payment at any time.
• Flexible working hours

TaskRabbit makes customers through specific innovative marketing ways. Since the idea of the marketplace is based on Neighbours helping neighbors thereby ‘word of mouth advertising is one of the primary marketing procedures. Other than this, through various internet marketing techniques and providing welcome offers and discounts on services of the taskers, the TaskRab reaches customers.

The marketplace also offers free first delivery to the customers to get placed in the customers’ phone application list. To develop a competitive marketplace like TaskRabbit, you must get hold of an experienced and expert marketplace development team.

How Sellers Make Money In TaskRabbit?

The sellers are the taskers in TaskRabbit. The taskers make money immediately after they accomplish their task. The better the taskers get paid, the more reputation they develop. And TaskRabbit earns revenue by taking a cut on every transaction that takes place in the app. If you also start your business in the online marketplace model, then opting for a marketplace like TaskRabbit will be a great idea.

The commission that TaskRabbit charges is for maintaining the platform it offers and the services the application delivers. The service fee of TaskRabbit is 15 percent of the amount paid to the tasker. The tasker gets paid on an hourly basis, and the number of hours the tasker works is the fee of the tasker. And the service fee of TaskRabbit is inclusive of the fees paid to the tasker.

Other than the service fees the TaskRabbit also charges a 7.5 percent trust and support fee to each invoice raised against each tasker. Again, if specific service categories are in higher demand, TaskRabbit adds a peak pricing. The Peak pricing fee ensures that the people or customers willing to pay peak pricing charges are given priority. And lastly, the taskers who want them to be shown on top of the search list pay an advertisement charge. Through this, the taskers get more visibility, hence more work, thereby getting a better wage.

Time has become a critical luxury nowadays, and if you can develop a marketplace like TaskRabbit, you can get a good revenue income throughout the year.

If your marketplace like TaskRabbit adds value propositions to the taskers or sellers, then within a short period, the marketplace will start making huge money and fetch you high revenue and commission.

Why Choose WebRock Media To Build A Marketplace Like TaskRabbit?

Over the years, consumers have used the internet for various purposes, from online banking, online learning, online calling, and video conferencing to online shopping. And the electronic marketplace is the new trend in e-commerce where customers spend time to get the best products and services matching their budget and requirements. To prosper in business, start investing in developing a marketplace like TaskRabbit. Unique in conception with adequate service and customer and tasker friendly policy.

But before you develop a marketplace, you must decide upon the type of your marketplace. And must hire one of the prominent and experienced web development companies who will help you develop a professional and user-friendly marketplace like TaskRabbit, keeping the following approaches in mind. Like :

• Types of Marketplaces (Vertical, Horizontal or Global)
• Artificial Intelligence
• Building Progressive Web App with the latest technology
• Flexible Payment gateways
• Voice Search facility
• Usage of Chatbots
• Omnichannel Marketing
• Uncluttered navigation
• High-quality content
• High-security system
• Over the clock service

Choosing an WebRock Media web development company for building a marketplace like TaskRabbit will not only provide you with cost-effective and the above-mentioned state-of-the-art marketplace solutions. But you will get domain-specific service which is highly essential for developing a marketplace like TaskRabbit. To experience the best web service, hire marketplace developers from WebRock Media.