I wanna build this marketplace which I made a submission earlier and talked about it and now i wanna understand if it's technologically feasible and the skillset needed to build it. How can I do it?
I have a project in my head and I want to understand the tech needed to build it
1–10 of 17 posts
Re: I have a project in my head and I want to understand the tech needed to build it
#2Just a word of advice about marketplaces; they are not as profitable as you might think. Unless you have some way to force people through your service (eg. a legal mandate or technical limitation), people generally won't want to spend money on your store. The larger you try to make your profit margins, the harder it will be to compete with Amazon and Shein. They have profit margins that are razor-thin, alongside special agreements with mainstream payment processors specifically designed to stop you from competing.
If you do manage to find a niche, then you're invited to a whole new circle of hell in fraud mitigation and chargebacked invoices. You need a really good idea to break into the current scene.
Re: I have a project in my head and I want to understand the tech needed to build it
#3Just a word of advice about marketplaces; they are not as profitable as you might think. Unless you have some way to force people through your service (eg. a legal mandate or technical limitation), people generally won't want to spend money on your store. The larger you try to make your profit margins, the harder it will be to compete with Amazon and Shein. They have profit margins that are razor-thin, alongside spec…
thanks for the advice. i wanna build an online food delivery marketplace and my aim is not huge profitability actually. i just wanna build something that is useful and agile. and i don't think i'll spend much money until it gets to the breakeven point. so i feel like i should give it a try.
Re: I have a project in my head and I want to understand the tech needed to build it
#4Just a word of advice about marketplaces; they are not as profitable as you might think. Unless you have some way to force people through your service (eg. a legal mandate or technical limitation), people generally won't want to spend money on your store. The larger you try to make your profit margins, the harder it will be to compete with Amazon and Shein. They have profit margins that are razor-thin, alongside spec…
thanks for the advice. i wanna build an online food delivery marketplace and my aim is not huge profitability actually. i just wanna build something that is useful and agile. and i don't think i'll spend much money until it gets to the breakeven point. so i feel like i should give it a try.
I built, maintain, and own an online food delivery marketplace used by a handful of local food producers. Some people license my system to run their own food marketplace, while others just sell directly to us and we do the logistics. I would concur with the above comment that you better have a darn good reason, runway, and resources.
Initial ideas are easy, execution is harder, and maintaining it across time and devices and changing tech is very hard. Delivering static things like books or phone cases or laptop chargers is one thing. Delivering food is a completely different ball game.
I agree with your overall sentiment though, we'd all be better off if our food originated nearer to us and we had the proper systems to make local food more profitable for smaller food producers. But Amazon, WalMart, Costco, Hello Fresh, Full Circle, Blue Apron and dozens of other very deep pockets make it very difficult to keep up. You have to be better at something besides price or convenience, because they're run circles around you with those two. For example, you have certain advantages when you're "small" that an Amazon just simply can't compete with. Things like quality, small quantities, hyper-local, hyper-fresh, customer service, high-touch items, etc. Amazon has disadvantages because of their scale, so lean into those areas that don't scale to get some traction.
Re: I have a project in my head and I want to understand the tech needed to build it
#5Earlier quoted context omitted.
thanks for the advice. i wanna build an online food delivery marketplace and my aim is not huge profitability actually. i just wanna build something that is useful and agile. and i don't think i'll spend much money until it gets to the breakeven point. so i feel like i should give it a try.
I built, maintain, and own an online food delivery marketplace used by a handful of local food producers. Some people license my system to run their own food marketplace, while others just sell directly to us and we do the logistics. I would concur with the above comment that you better have a darn good reason, runway, and resources. Initial ideas are easy, execution is harder, and maintaining it across time and devi…
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Re: I have a project in my head and I want to understand the tech needed to build it
#6Earlier quoted context omitted.
thanks for the advice. i wanna build an online food delivery marketplace and my aim is not huge profitability actually. i just wanna build something that is useful and agile. and i don't think i'll spend much money until it gets to the breakeven point. so i feel like i should give it a try.
I built, maintain, and own an online food delivery marketplace used by a handful of local food producers. Some people license my system to run their own food marketplace, while others just sell directly to us and we do the logistics. I would concur with the above comment that you better have a darn good reason, runway, and resources. Initial ideas are easy, execution is harder, and maintaining it across time and devi…
i just wanna know how to build stuff and understand the skillset needed
Re: I have a project in my head and I want to understand the tech needed to build it
#7Earlier quoted context omitted.
I built, maintain, and own an online food delivery marketplace used by a handful of local food producers. Some people license my system to run their own food marketplace, while others just sell directly to us and we do the logistics. I would concur with the above comment that you better have a darn good reason, runway, and resources. Initial ideas are easy, execution is harder, and maintaining it across time and devi…
i just wanna know how to build stuff and understand the skillset needed
Find someone who is on a similar or adjacent trajectory and shadow them, learn from them, ask questions, be a sponge. Start building very simple things, and then gradually make them harder. The "Skillset needed" for knowing how to build stuff is years and years of building, breaking, fixing, and rebuilding stuff.
Re: I have a project in my head and I want to understand the tech needed to build it
#8Technologically, it should not be an issue at all. To better control cost, you may outsource the technical development works to dev in developing countries. In terms of quality and cost combined, Malaysia should be a good choice.
Re: I have a project in my head and I want to understand the tech needed to build it
#9I wanted to have some background on your earlier submission and checked it out. It turns out I have already commented on it 30 days ago: https://news.ycombinator.com/item?id=40844376
This still stands. How many potential customers have you since talked with to de-risk the very "market existence" aspect first?
Re: I have a project in my head and I want to understand the tech needed to build it
#10Technologically, it should not be an issue at all. To better control cost, you may outsource the technical development works to dev in developing countries. In terms of quality and cost combined, Malaysia should be a good choice.
people i talked to told me not to outsource tech side. they told me if i outsource tech and make them build a demo, still it won't be attractive for a investor because i don't have the team the debug or improve the app inhouse. what would you say to that? for me i feel like i can give 1k usd and get a demo and progress through it.