3 Tips For Starting A Successful Machinery Marketplace (2024)

Updated: January 19th, 2023
Start A Machinery Marketplace

Want to start your own machinery marketplace? Here are some tips you should know:

Learn more about starting a machinery marketplace:

Where to start?

-> How much does it cost to start a machinery marketplace?
-> Pros and cons of a machinery marketplace

Need inspiration?

-> Other machinery marketplace success stories
-> Examples of established machinery marketplace
-> Marketing ideas for a machinery marketplace

Other resources

We've interviewed thousands of successful founders at Starter Story and asked what advice they would give to entrepreneurs who are just getting started.

Here's the best advice we discovered for starting a machinery marketplace:

#1: Ciaran Gillen, founder of Machinery Partner:

We chatted with with Ciaran, founder of Machinery Partner ($400K/month). In our interview, Ciaran says:

I started to see how unsophisticated things were across the whole industry. You would literally have sales guys just driving around looking for a site with machines on it in the hope of catching a lead.

Additionally:

The first thing we did wrong was spending money on unnecessary features or things that ended up being irrelevant to our customers. Figure out what your users want first then build the simplest thing to see if it will work.

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Read the full interview ➜

#2: Tanner Arnold, founder of Revelation Machinery:

We chatted with with Tanner, founder of Revelation Machinery ($/month). In our interview, Tanner says:

Success all starts with the people that make up the team.

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Read the full interview ➜