Ecommerce websites has paved the way for exhilarating
shopping experience for the buyers. It manages the online purchases and
transactions establishing the reputation of being reliable digital retail
marketplaces. Here are three types of Ecommerce websites that have taken online
consumer market by storm.
In E-marketplaces, consumers and sellers come together for making transactions easy. Here auctions are made to sell a new branded product and allows the sellers to get the best deal in the market with the aid of third parties. Sellers participate in brokerage to find a competent way of finding a purchaser without the cost of building a transactional website. Sites which fall under this category is eBay.
In E-marketplaces several third parties disseminate information regarding products and services, while deals are processed by the market operator.