When you set up your marketplace, you need to figure out how money is going to exchange hands. This usually involves funds moving between buyers and sellers with some amount to you for providing the platform, for a three-part transaction. The transferring of money is heavily regulated and can also be a source of friction for your marketplace users. You want to get the choice right from the start. The marketplace Listminut came to us wanting to speed up development, improve conversions and expand into France. Our work also involved changing from a payment gateway to a more marketplace-friendly payment processor. Stripe Connect provided a great solution.
Here at Belighted, we talk about software development a lot. However, coding is only a small portion of what needs to happen when you’re creating and launching a new SaaS or other software product. Recently we created a power checklist that walks you through 50 major checkpoints for developing, launching and growing a new app, tool or other software product.
Consider this your cheat sheet for developing your startup.
Testing is an investment. Like investing in security of a software product, it’s sometimes a hard sell, because you don’t immediately see a return. There’s no tangible output, no new feature to wow users. However, there are several advantages to building testing into your product development that can pay off. The key is balance.
Every time you use Amazon, Gmail or Facebook, you are using the latest version. In fact, the software may have been updated 15 times that day already.
You don’t need to have an IT background to create a new product or service that makes use of technology. But without a technical background, you may second guess your decisions or feel you are at a disadvantage. In our work as a software development agency, we help launch business ideas. We work with a lot of startups. Sometimes a technical leader is behind the new company, or they’ve already hired a CTO. But often the founder has no technical background -- just a great idea he or she wants to get off the ground. We have observed some differences between working with technical and non-technical startup founders over the years. Non-technical founders might be surprised to learn they actually have an advantage in some ways.
The development of a new piece of software is a risky project, full of uncertainties. Requests for proposals (RFPs) are an attempt to limit these uncertainties. In an RFP, a business usually attempts to detail what they want and then asks several development agencies to say how much it will cost to produce. Sounds great, right? But if your company is considering a software development project to bring innovation to market, listen: Don’t do it. The RFP process is broken. Let me tell you why this process doesn’t work and what you can do instead. You’ll learn how to shave off costs and find the right partner for your critical projects quickly.