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As more buyers and sellers join the marketplace, the value of the platform increases for all parties involved. This creates a virtuous cycle of growth and increased value. Marketplaces can also be highly efficient, as they provide a standardized platform for transactions to take place. This can reduce transaction costs for both buyers and sellers. However, marketplaces can also be highly competitive, with many sellers vying for the attention of buyers.

Table of Contents It is important to acquire that E-Commerce is not like the acclimatized accurate market. It has its own prerequisites and standards that acquire to be maintained with specialized rules that acquire to be followed for alive the online business successfully.. Refrences : Subscribe