Unit 3 : Web commerce module notes
ELECTRIC MARKET PLACE An electronic marketplace (e-marketplace) is a digital platform connecting multiple buyers and sellers to conduct transactions, exchange information, and collaborate online for goods and services. These platforms, such as Amazon or eBay, host various vendors and serve as a single point of access for them to find customers and for buyers to find products. FEATURES Wide product selection : Buyers can find a diverse range of products from various sellers in one location Price comparison : The platform offers real-time price comparison across different vendors, allowing buyers to find the best deals. Search and filtering : Advanced search functions with filters help buyers quickly locate the specific items they need. Reviews and ratings : User-generated content like reviews and ratings build trust and help buyers make informed decisions. Convenient shopping : A one-stop shopping experience simplifies the process of buying multiple item...
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