Dmitry Chekalin

Dmitry Chekalin

CEO at Codica. Helping startups and SME get traction by tuning your Digital Products.

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It allows defining the priorities and bottlenecks, form project documentation, and provide customers with accurate time and cost estimates.In this article, we will share a brief overview of a project discovery stage, and cover its goals, key tasks, and results for customers.What is a project discovery phase?A product discovery stage is a first and foremost stage in web product development.It allows them to clear up and define the following things crucial for further product development:Customer’s business and its aspects;The application’s target audience;The product end-users.For your convenience, we created a table showing the core reasons why you should organize discovery sessions before starting a new software project.What are the possible formats of project discovery sessions?Here are possible ways to hold a discovery meeting: At the agency’s office; On the client side;Remotely.Let’s take a look at the major participants and their roles:Business analyst/Product manager;UI/UX designer;Software architect;Stakeholders.To sum up, a discovery meeting helps define the scope of work, timeframe, and offer correct estimates to clients.The main tasks of a project discovery phase Explore the subject area.They discuss the project bottlenecks that may include a particular application function or business logic.The vendor’s technical lead offers high-level solutions to the existing problems.Both the software company and clients proceed to identify priorities for tasks and build a project scope.
Gladly, these days are in the past.Such a diversity confuses users and even causes a kind of SaaS chaos.Of course, these collaborations don't solve the problem of chaos in full but prove brands’ awareness and desire to support the users.Bottom line: We are witnessing a real boost in the SaaS market now and it’s not going to slow down.Some useful tips to follow:Consider open-source tools;Choose fast prototyping with Ruby on Rails;Use free databases; Benefit from available solutions, e.g., Ruby gems; Don’t forget about load testing.Guide: how to create a successful SaaS productWhen we talk about MVP development, we usually follow the best practices.The MoSCoW method prioritizes the features from M - Must-have features to S - Should have and C - Could have, and finally to W - Won't have ones.Choosing the Pricing Model The pricing model in SaaS is a method to set the desired price for a solution.All come with their Pros and Cons.
This article was originally published on Codica blog.Today, we know Amazon as one of the Big Four tech companies along with Google, Apple, and Facebook.How did it hit the big time?This question intrigues both entrepreneurs who are going to launch a multi-vendor online marketplace and owners of existing platforms.In this post, we want to discuss the core technical aspects that deserve your attention when you are going to launch a similar website including the right tech stack, required functionality, and the key MVP features.What makes Amazon so popular?Four principles in workThe company upholds certain principles to make the platform more trustworthy.This approach makes their purchasing experience as smooth as possible.User-friendly web designAmazon’s website design stands for convenience in use.This way, customers view the desired product from different angles in a native environment.Detailed descriptions give users precise information about the desired product.The platform works with credit and debit cards, such as Visa, MasterCard, American Express, Discover, Diners Club, and JCB.Besides, there are gift cards in different denominations that allow purchasing certain goods.Finally, the brand lets users purchase eligible products with the help of FSA and HSA cards.Amazon.com Store Card and Amazon Prime Store Card are used for most items that can be found on the platform, some physical stores, and for buying from sellers who have included these cards as a payment gateway.Amazon pays special attention to its customers by encrypting all their personal, debit/credit card and banking information, thus making all transactions protected and secure.How to build a website like AmazonСore features for creating an Amazon-like platformAmazon is a giant platform with a lot of functionality, but there is no need to implement all of it right from the very beginning.First of all, you should choose features that are necessary for an easy purchasing process and seamless customers’ experience.What features should your Amazon-like marketplace include?
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Read on, as we have prepared tips on making such a website successful and profitable.Сar rental website: definitions, market size, playersPut it shortly, a car rental system lets you rent cars for a limited time at a specific cost.Some companies also offer insurance policies and car damage services.Online car booking will come in handy for people looking for:Сomfort and mobility during a self-drive trip.A test drive before purchasing a particular vehicle.A car for a limited period of time without a need to buy one.Newest findingsThe reports show encouraging results despite the Covid-19 pandemic.With more people easily staying online "on the go," car rental websites gained a huge amount of traffic.Put a brief description for each proposition.Give clear instructionsYou're not immune from a user having trouble.Make it catching with intuitive web elements like icons.Additionally, consider creating a FAQ (Frequently Asked Questions) section.Research the market to create new opportunities At times, attracting users to an online rental system might seem a bit difficult.
According to the latest forecasts, by 2040, 95% of purchases globally will be made on online marketplace platforms.The number of business-to-business (B2B) and business-to-consumer (B2C) platforms is on the rise.The first horizontal marketplace that comes to our mind is Amazon, which is considered the biggest e-commerce website.Check one of the latest service marketplace websites developed by Codica team.C2C marketplace functionality: best practicesWhen building a C2C marketplace, you aim at offering your customers a superb user experience.To achieve this goal, you should know what challenges such platforms may face.Bear them in mind while selecting the primary features for your e-commerce platform.Product quality can be controversial since customer-to-customer marketplaces act only as intermediaries.Customers may face issues with order cancellation or return.Consumer feedback is required to ensure the credibility of your platform.The rise of e-commerce platformsToday more and more users prefer purchasing products and services online.Scalability of a business modelYour marketplace business should bring you a stable income.They are as follows:Less investment in comparison with e-commerce stores;Simplified warehouse management;No need to hire a  large workforce;Great omnichannel opportunities;Fast-growing traffic.4.
The article was initially published on Codica Blog.Business directory websites like Google My Business, TripAdvisor, or Facebook became a magic bullet for many companies.Indeed, this platform can boast 178 million unique visitors per month.So how did Yelp achieve such success?And what should you consider if you want to launch a similar platform?To get answers check the guide below prepared by our expert team.Business directory website: definition and key playersAccording to Wikipedia, business directory websites are platforms where businesses are listed within niche-based categories.Companies can be classified based on location, size, or activity.Usually, such platforms have a separate section where users leave their comments, reviews, and feedback.The thing is that 87% of customers prefer reading online reviews for local businesses.The recent data provided by BrightLocal shows that today business directory websites are highly sought-after since more and more users look for local companies on the Internet.Leading business directory websites and review platforms:Google My Business;Bing Places for Business;Facebook;TripAdvisor;FoursQuare.Building a website like Yelp: a step-by-step guideStep 1.
This article was originally posted on Codica Blog.How to make a website appealing to customers?Questions like this became pressing issues for many owners of online businesses.Luckily, there are web app development trends that help entrepreneurs build modern software solutions that users will love.So let’s proceed to the top 6 most influential trends in web application development for 2021 that you should take on board.1.The statistics can dispel your doubts:74% of users prefer chatbots while looking for answers to simple questions.Chatbots are the most booming communication method as, since 2019, they saw a massive 92% increase in use.With a projected worldwide market size of more than $1.3 billion by 2024, chatbots will be a driving force for business communications.The global chatbot market is expected to be worth $9.4 billion by 2024.2.It is all about their ability to provide users with an almost full mobile application experience.The core benefits of PWA development for users and companies are as follows:Lower app development, maintenance, and support costs;Offline capabilities;Faster time to market;Effortless distribution and installation;Reduced device power and storage usage.Thus, this website technology can save the day for those businesses that need to widen their mobile audience.For this reason, all web projects Codica team delivers are PWA by default.To get to the crux of the progressive web app, we recommend checking some successful implementations of this technology.The remarkable popularity of Clubhouse audio social media tells us that audio will play a bigger part in the future.
Nowadays, the software-as-a-service domain is rocketing due to cost-effectiveness and low entry barrier. Reason 1: Lack of market need Lack of market interest is one of the top reasons why most SaaS startups fail. You have probably heard the proverb that timing is everything. To avoid their mistake, consider market targeting carefully. It causes 29% of cloud startups to close down. Calculate the sum of money you will need for such crucial milestones: Progress from seed round funding.
It is by far the most expensive non-fungible token that has ever been purchased. Texts Tweets fall under the category of text NFTs. Below, you can see the first tweet by Jack Dorsey, Twitter founder. Digital artworks Finally, we could not disregard the most expensive non-fungible token, which is a collage of artworks created by digital artist Beeple. The relations between buyers and sellers on non-fungible marketplaces are regulated by smart contracts that are self-executed transaction protocols. Choose the basic features When choosing the must-have functionality, we recommend that you start with the following features: Storefront; Advanced search function; Diverse filters; Listing creation; Listing status; Buying and auction functionality; Digital wallet integration; Ratings.
They include bank transfers, paper checks, and wire transfers. They are as follows: Vertical B2B marketplaces - focus on a specific niche or target audience; Horizontal B2B platforms - offer a wide range of products to all kinds of companies; Product-based B2B multi-vendor marketplaces - sell physical goods. The examples are Global Source and Alibaba. Service-based business-to-business websites - provide different services from content creating to event management. You should consider the needs, opinions, and job functions of all of them. Besides, B2B companies are concerned about the welfare of their business.
It includes the list of features, technology stack, and software type your future platform will need.Types of online marketplacesWhat is a marketplace website?It is an e-commerce platform that works as an intermediary between buyers and sellers.It facilitates virtual shopping for consumers who can choose goods or services online from different suppliers.Before building an online platform, you should define the type of your future marketplace.This classification is also important to understand the best revenue sources you can implement on your platform.How to build a marketplace website?So, you have two options: to build an e-commerce website from scratch or use a ready-made solution.It becomes available as you can skip wireframing, development, and testing.For example, you can face customization issues.
Building a software product from scratch may seem costly for a startup on a small budget.In reality, expenses vary significantly depending on the solution, experience, and your partner's team.In this article, we will discuss our key findings to bring down the cost of software development.1.Bear in mind the wide range of business goals based on your particular product.To begin with, define who your target audience is and set a pricing strategy.For this reason, you need to know what level of “minimum” is ok for your MVP.Since an MVP has only basic functions, developers will need less time to deliver measurable results.Apart from the cost reduction, a huge benefit of building an MVP is shorter time-to-market.Proof of Concept vs PrototypingThere are two more things we would like to mention in this section, namely the proof of concept and a prototype.The sooner you reveal your MVP to the audience, the faster you will get valuable feedback, and use it to develop a full-featured product.You may also like: How to Calculate the Cost to Build a SaaS App in 20204.Thus, it's possible to add new features to an ongoing project with no delays or extra expenses.In our experience, the Agile approach is the best one for startups because it is:FlexibleCost-effectiveIt helps mitigate risksThe Agile approach ensures that your partner works only on the required functionality.
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 In 2021, video streaming services are booming.Moreover, the global streaming market is expected to expand at a compound annual growth rate of 21.0% from 2021 to 2028.These services represent SaaS solutions that are very popular nowadays.In this article, we’ll discuss the main steps and tools needed to build a Netflix clone.Step 1.The thing is, you need to offer the content that viewers will be binge-watching.Let’s go through the video streaming market niches you can occupy.EntertainmentExamples.You might look towards education, cybersport, or fitness themes.And rightly so, as combining more than one revenue-generating model, you are more likely to boost your ROI, or return on investment.
After the outbreak of Covid19, it is getting clear that freelancers hardly want to return to their 9-to-5 office routine.These are platforms where freelancers and businesses can collaborate.We will discuss such terms as a value proposition and revenue model.These are sellers (in our case, freelancers) and buyers (in other words, employers).So how can you find a specialist for your project?Enter your keywords in the search box and filter results based on specific parameters.They include category, talent options, budget, and delivery time.If you found a suitable solution, proceed to this project and check available service tiers.
So what’s trending in JavaScript in 2021? It is designed for easy integration with any existing JS library. Its architecture implies code reliability and modularity. It is carefully designed to ease adding features such as basic routing, middleware configuration, template engine, etc. Fastify A lower overhead alternative to Express.js. Fastify features a set of TypeScript decorators across the encapsulated contexts to facilitate code reusability and decoupling.
Actually, almost 70% of professional developers use this programming language.This valuable knowledge will help you build engaging, high-performing, and user-friendly web products.At that time, Facebook needed a specific tool for maintaining the rapidly evolving traffic for their services.The rapid spurt of TypeScriptTypeScript is known as a subset of JavaScript.Microsoft introduced it in 2012 with the idea of supporting optional types that JS lacks for.The technical solutions by Microsoft are not limited to Typescript only.Be aware that you need to compile the TypeScript code into the regular JavaScript code.
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