Letgo is a website and an application that lets the users buy and sell thing online locally. It was founded by Alex Oxenford along with Jordi Castello and Enrique Linares in 2015. Alex was the former CEO of OLX, an online portal to buy and sell products to people nearby. OLX was available only outside the US. Letgo provided similar facilities in the US. The company was competing with eBay and Craigslist. They dominated the online marketplace since the 1990s.
Let’s see how does Letgo work and how it benefits the user. Here we’ll see various aspects of the application and learn about them.
How does Letgo work?
Letgo is a website and application with online classifieds. It allows the users to buy and sell things online. The items can be used or unused. The user can list items on the application and communicate with buyers online. After finalizing a deal the seller can sell the item to them.
Selling here is super simple. The seller just has to click pictures of the product they want to sell. Once the listing is visible buyers will contact the seller. The seller can communicate with them and finalize the deal. That is an easy sale.
Let’s see how does Letgo work in detail.
How does the sign-up process work on Letgo?
While using Letgo, the first step after downloading the app is the signup process. The signup process is quite simple.
If one is signing up using the traditional email address they will be asked for a password. After entering some of the basic personal details the profile is active and good to go. After logging in they can upload pictures and wait for the listing to be visible for discovery.
On Letgo there is a feature called ‘Build trust’ where users can verify their profile. Verified profiles earn trust from the buyers. This increases the chances of the sale. On Letgo, verified equals to trusted.
Read more: How Letgo work?
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They just love the concept of online shopping.
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Stripe works in almost 25 countries.
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People are looking more for on-demand services, services that could be provided to them online and with this revolution, the sellers are also providing their services online on internet marketplaces and earning money by working from home with flexible hours.
Talking about internet marketplaces Fiverr is one such marketplace that provides the freelancers a platform to showcase their talents and the new startups to get their services done without having to spend much on the employment.What is Fiverr?Fiverr is the largest platform offering online services in various categories like Graphics & Design, Digital Marketing, Writing & Translation, Video & Animation, Music & Audio, Programming & Tech, Business and Fun & Lifestyle.
Fiverr is an online marketplace established in February 2011, the company is based in Tel Aviv.
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The founders of Fiverr are Shai Wininger and Micha Kaufman who wanted to develop an online marketplace that would provide a two-sided platform for people to buy and sell online freelance services.
