Everything You Need To Know About p2p Marketplace App Like TaskRabbit

Posted by zahra on July 16th, 2021

In this modern time, people are so engrossed in their busy lives that they need help to complete their everyday tasks. This is the reason why on-demand services are flourishing throughout the world. By using on-demand mobile apps, a user can easily get on-demand services. The on-demand apps work as a connecting point between customers and different businesses. These apps come equipped with multiple features and allow customers to get a number of services. TaskRabbit is a popular online platform that allows users to hire people for varied tasks like cleaning, packing, moving, furniture assembly, general handyman, and more. TaskRabbit is an online marketplace where small agencies and freelance providers can find various household jobs in their vicinity.

What is a P2P marketplace?

Online marketplaces have grown in demand among agencies and individuals. A study by Digital Commerce 360 reveals that 58% of online retail sales came from marketplaces in 2019. As the market is growing, let’s explore the concept of an online marketplace and how to develop one in 2020.

We believe the best way to start our journey is to explain the definition and have a glance at some basic meanings.

A peer-to-peer e-commerce platform is a trend in marketplace software development. It is a website where individuals that provide products or services meet potential consumers or customers. The platform detracts the difference between them; thus, the parties can exchange their roles. For example, you can lease your NY apartment on Airbnb and book a room with a delightful view somewhere on the Amalfi Coast at the same time. You play two roles simultaneously using the same platform.

On marketplaces like Airbnb, consumers and product providers communicate directly. This leads to significant improvements in terms of cost, transaction time, convenience, etc.

Peer-to-peer ecommerce products have launched a new era in the world’s trading system. They are the key components of the sharing economy. This means P2P marketplace development isn’t just something that can bring you earnings right after you launch a solution. This is your chance to surf the wave that will wash over the world’s economy.

What is TaskRabbit?

TaskRabbit is an online peer to peer marketplace which offers services that would aid the users with their day to day tasks. Whether your need is cleaning or heavy lifting or mounting/installation or grocery shopping or any other endless number of tasks, for indubitably there are and they are all important in organizing our lives well; TaskRabbit understands it and offers an immediate help with all such tasks (so that it can earn and enjoy carrots :p). Thus, TaskRabbit is a same-day service platform providing instant aid. It is an on demand platform and follows the crowdsourced economy. 

TaskRabbit is an app that was founded in the year 2008 to help people with their routine household tasks. It handles jobs that are home related and deals with moving furniture, home repair, handyman, and other errands around the house. It is an easy way to pay someone more qualified and stronger than you to do tasks around the house. It offers the benefit of finding a skilled and trusted person; generally, a professional to help you with your household tasks at a cheap cost.

TaskRabbit connects you to freelancers and agencies dealing in household jobs. It is a great way to generate demand for these companies and freelancers and at the same place create a marketplace for its customers. The entire premise behind the app is for its customers to post tasks that they want to get done and then select a tasker from the pool of freelancers they see near their location. You can additionally check the pricing of these freelancers, their rating, and expertise to make a better selection. TaskRabbit is a great app for the on-demand utility business.

An overview of the business model of TaskRabbit

When it comes to providing household services, TaskRabbit is one of the major players that hold a huge share of the field. Like every ordinary business, there is a certain business model that TaskRabbit adheres to. It is growing rapidly and has included many new services since its inception. It’s also been successful in making its reach to international locations like London. 

The immense growth of TaskRabbit has inspired many entrepreneurs and businesses around the world. The customer demand for skilled labour to accomplish everyday tasks is growing year by year, TaskRabbit is in increasing in terms of resources to fill the demand and supply gap. 

With the passage of time, the company has changed its business model. Earlier, customers used to make a request that got confirmed the same day but the task was completed in the near future. With an aim to provide instant gratification to customers, TaskRabbit made improvements in its business model and now it caters to real-time tasks.

What is the tech stack for a TaskRabbit-like app? 

There are numerous technologies and tools that help create a robust online marketplace like TaskRabbit. By using these technologies, one can build an app that is scalable.