Online e-Commerce Marketplace
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An Online e-Commerce Marketplace is an e-Commerce service that is an online service.
- Example(s):
- Amazon Marketplace, Etsy, EBay, Snapdeal, Flipkart.
- …
- Counter-Example(s):
- See: Drop Shipping, Rakuten.
References
2015
- (Wikipedia, 2015) ⇒ http://en.wikipedia.org/wiki/online_marketplace Retrieved:2015-1-16.
- An online marketplace (or online e-commerce marketplace) is a type of e-commerce site where product and inventory information is provided by multiple third parties, whereas transactions are processed by the marketplace operator. Online marketplaces are the primary type of multichannel ecommerce.
In an online marketplace, consumer transactions are processed by the marketplace operator and then delivered and fulfilled by the participating retailers or wholesalers (often called drop shipping).
In general, because marketplaces aggregate products from a wide array of providers, selection is usually more wide, availability is higher, and prices are more competitive than in vendor-specific online retail stores. Examples of online marketplaces are Amazon.com, etsy, eBay, Snapdeal, Flipkart, and Rakuten.
- An online marketplace (or online e-commerce marketplace) is a type of e-commerce site where product and inventory information is provided by multiple third parties, whereas transactions are processed by the marketplace operator. Online marketplaces are the primary type of multichannel ecommerce.