Online Marketplaces
Online marketplaces like Amazon and Alibaba play a crucial role in connecting buyers and sellers, facilitating transactions, and expanding reach. This content explores the definition, examples, importance, and benefits of marketplaces in the digital era.
Download Presentation
Please find below an Image/Link to download the presentation.
The content on the website is provided AS IS for your information and personal use only. It may not be sold, licensed, or shared on other websites without obtaining consent from the author.If you encounter any issues during the download, it is possible that the publisher has removed the file from their server.
You are allowed to download the files provided on this website for personal or commercial use, subject to the condition that they are used lawfully. All files are the property of their respective owners.
The content on the website is provided AS IS for your information and personal use only. It may not be sold, licensed, or shared on other websites without obtaining consent from the author.
E N D
Presentation Transcript
Libyan International Medical University Faculty Of Business Administration Marketplace 1 Presented by: Hajer khaled Elsaaiti ID: 3178 Email: Hajer_3178@limu.edu.ly
CONTENT: 1. Introduction 2. Define market place 3. Examples of marketplace 4. Conclusion 5. Reference 2
INTRODUCTION: What is a market place? A marketplace is an online store or a platform that facilitates both buyer and seller in many ways. An online marketplace is just like an e-commerce website or mobile app where sellers meet buyers and offer products and services. The website is responsible for all the transactions i.e. payments, transactions and process. 3
EXAMPLES OF MARKETPLACE: Amazon: This vast internet-based enterprise has taken over the world of online shopping. As a top marketplace, 47% of online shoppers bought their first item on Amazon, It was founded in 1994 and has since grown into the largest internet company by revenue in the world. In 2020, Amazon reported a net income of $21.3B U.S. dollars. 4
EXAMPLES OF MARKETPLACE: Alibaba: is also one of the world s biggest marketplaces. According to an estimate, it has roundabout more than 500 million active clients across the world. The sale volume of its marketplace is much higher. If you re planning to sell your products/services in some marketplace, then Alibaba is a great choice. 5
Conclusion: Market place is important to use a convenient channel to distribute products and services. reach more consumers, this way increasing chances to obtain a significantly higher number of orders and boost sales. 6
Reference: Hagiu, A., & Wright, J. (2015). Marketplace or reseller?. Management Science, 61(1), 184- 203. 7
