Start Up #36: LookingFour - Building a Marketplace Startup in the Philippines ft. Randy Tan

Randy Tan is the Founder of LookingFour.LookingFour is a Philippine online marketplace with a niche of second-hand items from furniture to electronic devices.LookingFour has grown to a marketplace with over 26000 users and 27000 product listings. Know the lessons learned by Randy on building a marketplace startup, why they focused on security with their "Sigurado Sellers" tagline and three-level user verification, the features of LookingFour as an online marketplace (search engine, chat function, user ratings, customer feedback), and why buy or sell your pre-loved items at LookingFour.In this episode:00:35 Ano ang LookingFour?01:13 What is a marketplace? Why did you create your own? :)02:45 What makes LookingFour different from other online marketplaces out there?04:51 LookingFour is a secure online marketplace. Why did you focus on security and how did you find out about this pain point for customers?08:50 LookingFour's niche as a marketplace is in second-hand items (specifically, furniture). Do you have specific branding or functionalities for this?10:00 How many item listings and users are in the LookingFour marketplace?13:14 What are the stories behind LookingFour? Why did you decide to build a marketplace startup?15:18 More about LookingFour's marketplace: How do we make that Divisoria or ukay-ukay an online experience?23:10 What are the best achievements, worst challenges, and best learnings so far in building LookingFour?29:42 How do you see LookingFour into the future? What is the ideal online marketplace for you?32:49 If listeners want to browse or sell at LookingFour, where do they go and get more information?LOOKINGFOURWebsite: www.lookingfour.comFacebook: www.facebook.com/LookingFourPHCHECK OUT THESE STARTUPS & MSME'S (PATRONS):NutriCoach: www.nutricoach.comBenjoys Food Products: benjoysfoodproducts.comSTART UP PODCASTYouTube: www.youtube.com/c/StartUpPodcastPHSpotify: open.spotify.com/show/6BObuPvMfoZzdlJeb1XXVaApple Podcasts: podcasts.apple.com/us/podcast/start-up-podcast/id1576462394Facebook: www.facebook.com/startuppodcastphPatreon: www.patreon.com/StartUpPodcastPHCREDITSIntro and outro thanks to Terence Boydon: wyrmpres.wordpress.comThis episode is edited by the team at: tasharivera.com