In recent times, the global classifieds industry has undergone a transformative revolution. Gone are the days of relying solely on newspapers or bulletin boards for our requirements. The digital era has ushered in sophisticated websites and user-friendly applications. It has fundamentally changed the way we conduct commercial transactions. It has, thus, given space for the advent of platforms like Dubizzle, placing a strong emphasis on innovation.
Market Overview of Dubizzle
Active in over 40 countries with an extensive user base of over 330 million monthly users, Dubizzle continues solidifying its prominence. Dubizzle’s astounding popularity can be attributed to several key factors that have propelled it to unprecedented success in the market.
- According to SEMrush, Dubizzle boasts an impressive user base of approximately 7.6 million, securing a remarkable ranking of #41 in the UAE.
- Bayut reports that Dubizzle achieved an impressive annual revenue of approximately $75 million in 2022, with expectations of further growth in the years to come.
- Statista forecasts that ad spending in the classifieds market will reach a staggering $1.05 billion in 2023.
- Projections indicate a steady annual growth rate (CAGR 2023-2027) of 2.22% for the advertising industry, leading to a market volume of $2.98 billion by 2027.
These compelling statistics unequivocally position Dubizzle as a leading global classified app. So, if you are also planning to develop an app like Dubizzle with the assistance of leading mobile app developers in Dubai, this is the right time!
Steps to Develop A Fully Functional Buy-and-Sell App Like Dubizzle
To create an app similar to Dubizzle, a well-thought-out strategic approach and a comprehensive understanding of the market are vital. Here are essential steps to embark on your journey towards creating a successful Dubizzle-like app:
Step 1. Conduct a Thorough Market Analysis
Begin by validating your idea through an extensive market study and research. Understand your target audience, their pain points, and how your app can address their needs effectively. You can also hire a mobile app development company in UAE and utilize their experience and connections in this realm to know your users better.
Step 2. Choose the Type of Classified App:
There are two main categories of classified apps – vertical and horizontal applications. Vertical apps focus on specific goods or services targeting niche markets, such as car classifieds or electrical appliances. On the other hand, horizontal apps, like Dubizzle, cover a wide range of ads, services, goods, and commodities, catering to a larger audience and sales volume.
Step 3. Design Your Dubizzle-Like App
The design of your app plays a crucial role in its success. Opt for eye-catching templates that improve user experience. A user-friendly and visually appealing interface will keep users engaged and coming back to your app.
Step 4. Begin with App Development
Once the UI/UX design is finalized, proceed to the development phase with an experienced mobile application development company. Create an MVP (Minimum Viable Product) version of your Dubizzle-like app to showcase its core value proposition. This allows you to gather user feedback and validate the concept, leading to future enhancements.
Step 5. Initiate App Testing
Thorough testing and quality control are essential to ensure the app functions smoothly and meets user expectations. Utilize various forms of testing, including involving real users in the testing process, to gather valuable feedback.
Step 6. Release Your App on Stores
After exhaustive development and testing, it’s time to launch your app on app stores. Monitor user engagement and satisfaction through in-app analytics tools and promptly address any user queries or requests.
Step 7. Check for Regular Updates
To maintain seamless functionality, keeping your app up-to-date with the latest technology is crucial. Regular upgrades and maintenance ensure the app remains secure and compatible with new operating system versions and devices, ensuring its longevity and profitability.
Following these key steps and consistently improving your app based on user feedback increases the likelihood of building a successful buy-and-sell app like Dubizzle.
How Can You Make Money From Your Dubizzle-Like App?
When developing an app similar to Dubizzle, having a sustainable revenue plan is essential to generate income. Consider the following revenue sources for your app:
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- Advertisements: Monetize the app by displaying advertisements within it. Offer various ad formats, such as native ads, sponsored listings, and banner ads. Charge advertisers based on impressions, clicks, or conversions, and provide them with options for ad placements.
- Featured Listings: Offer premium positioning for listings, allowing users to market their goods or services prominently in search results or specific categories. Charge a fee for enhanced visibility and better chances of attracting customers.
- Subscription Model: Implement a subscription-based business strategy that offers users extra services or advantages. Create a premium subscription tier granting access to exclusive listings, faster customer service, or improved search filters. Users will pay a monthly charge to access these premium features.
- Value-added Services: Provide users with value-added services they can opt for, such as professional photography for listing images, highlighted advertisements on external platforms, or assistance in crafting compelling product descriptions. Charge users for these value-added services on a per-request basis.
- Sponsored Content: Collaborate with companies or brands to promote their goods or services within the app through “sponsored content.” This could involve branded collections, suggested listings, or sponsored content. Businesses will purchase this visibility and promotion.
Read Also – How to Hire the Best Mobile App Development Company in Dubai?
Conclusion
Dubizzle has gained widespread recognition by providing a platform that caters to various products and services. Thus, to launch an app similar to Dubizzle successfully, a profound understanding of market demands and current trends is essential.
While the cost of app development might be significant, the payoff in terms of tremendous profit and satisfaction is well worth it. Zimble Code stands out as a team of highly skilled and knowledgeable engineering professionals among the leading online and mobile app developers. If you aspire to bring your Dubizzle-like app idea to life, they are fully equipped to turn your vision into a reality.
Frequently Asked Questions (FAQs)
Q1. What constitutes a classified marketplace application?
A classified marketplace app is a platform that facilitates buying and selling of various goods and services within a wide range of categories, encompassing real estate, jobs, electronics, and more.
Q2. How much will Dubizzle-like app development cost in Dubai?
While the cost of developing a buy-and-sell app like Dubizzle can vary depending on several factors, it usually ranges from AED 278,920 to AED 568,850. Remember that the final cost might vary with the specific requirements of the project and the agreed-upon delivery schedule with the development team.
Q3. How long does it take to develop an app like Dubizzle?
Developing an app similar to Dubizzle may take around six months to a year. The actual timeframe, though, will depend on the unique project requirements and the capabilities of the selected development team.
Too much detailed and informative for beginners and also for developers who want to Classified app development. Thank you and Keep sharing like this!