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Skill Sharing Platforms Are The New Trend

  • Rating — 5 (28 votes)
  • by Anna - Technology Author and Strategist
  • Updated on July 28, 2020
  • Read —
    8-9 minutes

A couple of months spent in home isolation changed our lives and habits. Some of us quickly got bored in the house and started looking for some useful things to do. Let’s just be honest, it may be cool to lay in the bed all day binge watching your favorite shows or movies, but it is way cooler to do something productive. Almost every person has a list of to-dos that were waiting either for your free time or for your right mood. And now this moment finally came! 

Quarantine itself implies minimization of social contacts. So whether you want it or not, you may face a situation when you need to make, repair, clean or cook something not knowing how exactly to do this. Chances are you will try either to google it or to look for a tip on YouTube. It is great to have such powerful sources of information at your disposal, but it is way better to rely on experience and advice of real professionals. 

Wouldn’t it be great to become a part of online community of helpers and find all necessary tips in no time? Just imagine a convenient platform where you can find a profile of a professional and contact that person or watch some tutorials. And this all can be done in a couple of clicks. Fast, convenient and useful – a type of solution we all need in our lives. 

So in this article we would like to share with you one great startup idea – skill sharing platform that unites professional from different spheres of life and people who need help. 

Why develop your own skill sharing platform?

According to one of the recent researches, how-to videos turned out to be the most attention-grabbing. Around 86% of people all over the world search for videos demonstrating some skills and then try using accumulated knowledge in real life. So you should not have doubts whether building your own skill sharing platform is a good idea. 

 Just imagine how many users your new solution can attract. Taking into account small competition in the niche, you have all chances to make your idea work and bring you a stable income. One more advantage of a skill sharing platform over all other solutions and sources of information is that you can get in touch with the real person and discuss your particular task or challenge. 

Skill sharing platform can help to create a community of people with very sector-specific skills. So the users of your platform can ask for an advice anyone starting with interior designers, photographers and carpenters, and ending with musicians and farmers who crop some specific cultures.

Now when the people all over the world are put in quarantine and make the most of their devices, it is the best time for you to build and launch your own application. 

How to find a right developers team?

If you have serious intentions to build a skill sharing platform, the first thing you should do is to find a suitable team of professionals. Software development is rather complex and it will include numerous stages starting from discovery phase (when your idea will be checked and shaped) and ending with the development, testing and release.

So it is crucial to find a team that will understand all your needs and requirements and will be able to release a functional solution in time. We have created a short list of recommendations for you that can help you with the decision making.

  • Look for a team on trusted platforms. Check out Goodfirms, Clutch or other sources and take a look at the companies they mention. Surf through various categories and read short descriptions. This will help you to understand what hourly rage the specialists have, where the company is located, what its main specialization.

  • Check out company website and portfolio. This will help you to understand whether the company works with the necessary technology stack and what projects they’ve already created. Wide variety of technologies that developers skilled at using will allow to make a high quality web or mobile application.

  • Read reviews from real clients. This is a real inicator of the company professionalism. If a team has a lot of good reviews, then you can choose it and start discussing your idea and deciding if you are going to choose this particular company.

Still choosing your team and would like to get a free consultation regarding your skill sharing platform?

Features that will be appreciated by users

Even if you’ve already selected a team and have more or less clear expectations from your solution, you shuld definitely give a good thought to the options your platform needs.  If you include a set of the most efficient features, then your platform will always have its users. So here are some ideas for you. When developing your own solution keep in mind these options:

  • Easy registration. Let your users sign up using their social accounts and allow sharing to them. This will make the whole process way more faster and easier. And shared information will allow to attract more users. 
  • Profiles with pictures and videos. Both people who share their knowledge and the ones looking for necessary info should be able to create and organize their profiles. So it is better to think beforehand how those profiles should look like (if there would be implemented some specific layout or feed). 
  • Advanced search with filters. To make the process of looking for the right specialist easier you’d better implement advanced search section with key filters sorting users by profession, skills, age, popularity, etc. 
  • Live streaming option. Its popularity skyrocketed in the latest 2 month and even big companies use live streaming to promote their goods and services. So if you allow skill sharers broadcast their activities this will attract more new users and will keep them engaged. 
  • Conferencing. To connect skill sharers with more people it would be reasonable to add online conferencing option. E.g. the users may connect their relatives or other people who need to understand some processes to apply those knowledge on practice later. In such a way your skill sharers expand their audience and the platform can bring you more money.
  • Messaging. In case your users have some crucial questions they can ask skill shares directly. It is more fast and convenient than looking for the answers on the Internet. And it also adds more value to your platform.
  • Commentaries. The users should be able to express and exchange their opinions, leave some comments and expect a reply from skill sharers. It is a good practice that also helps to identify whether a profile is popular. It also allows to set a trend for a certain profession or skill set.

Are you interested in building your own skill sharing platform?

What you should know about monetization options

Let’s say you’ve made a decision to create your own skill sharing platform. But what’s next? How are you going to make money  and is there any way to make real use of your idea? We can assure you, that skill sharing platform can be a great money making solution but only if you think about your monetization strategy beforehand. We have already covered this topic in detail in our article. So we’d recommend you to read it right away.

Image credit: Statista

Taking into account how many info is related to monetization options and how easy it is to get confused choosing the right strategy, we decided to help you a little. We have thought about  several good ways to monetize your skill sharing platform and we think that the most suitable would be:

  • Advertising. You can consider placing paid ads on your platform. Usually a free space is left for such banners or you add some temporary pop-ups. But pay attention that such monetization method can be a bit annoying, so do not overload your solution with ads.
  • Subscription. You can make your platform subscription-based and charge your skill sharers and users monthly. It is also possible to create different plans depending on users purposes. This monetization method has a great potential as you can add some interesting options for premium users and in such a way prompt other users to consider switching to that subscription plan. 
  • Sponsored offers. You can promote some service providers or companies on your platform and charge them for this. Just make sure that you are promoting relevant goods or services and that your main audience may be interested in them. 
Yes, software development companies usually offer you to sign NDA with them so that you can be sure that your idea is protected and no one will disclose any information related to your project, or use it for personal purposes.
The final price will depend on the overall complexity of skill sharing platform and feature set that you want to add. The price can start with $40,000 and increase. But if you decide to develop MVP first, it is going to be more affordable and will let you check the real potential of your solution.
The development may take 4-8 months and after that your solution can be released. However, if there will be a mobile version of it, then it may take a couple of weeks to submit it to mobile stores, since you will need to wait for a confirmation from them.

To conclude 

The pandemic taught us all some important things – to do everything by ourselves, to expand our knowledge and master new skills. That is why skill sharing platforms are going to be our go-to tools. If you’ve been thinking about your own startup, then building such platform may be a good choice for you. This solution indeed has a huge growing potential.

Need a reliable team to help you with the platform development?

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Anna - Technology Author and Strategist I am mainly focused on enterprise mobility (Apple, Android), and digital transformation, highly curious about all emerging tech trends, always pay close attention to crucial details and try to find answers to a lot of questions before writing about something.

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