Classified Marketplace

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Nov 3 · 2 min read

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Marketplace is a platform where buying and selling processes take place, where offers find demand. Sellers and buyers are companies, corporations and other legal entities, as well as individuals.
Classified Marketplace.
Since today there are a huge number of online platforms for trading, it is necessary to dwell in more detail on their classification by certain characteristics.
Classification by participants of the trading process:
1. B2B or BUSINESS to BUSINESS. Here, the participants in the process of purchase and sale are legal entities.

B2C or BUSINESS to CUSTOMER. Here, as the final buyer in the transaction is the final consumer, an individual.
2. C2C or CLIENT-to-CLIENT.
In this scheme, both the seller and the buyer are not legal entities. The classification of objects of trade:
3. Informational. On these trading platforms there is a trade in various contents, applications.
4. Goods and services. Objects of purchase and sale are all kinds of physical products-clothing, shoes, appliances and other and service. Most often these are ordinary online stores.
Financial. These are business platforms for trading securities and shares.
Classification by type: online and offline.
1. O2O or online for This type implies that the marketplace offers goods or services for purchase, and their delivery or execution occurs offline. The most striking example is the sale of clothing through online stores, when the goods can be obtained in a remote office of the company. Also an example will be the service of ordering a taxi through special applications, when the order is online, and the car arrives in reality.
2.Online commerce or real-time trading. In this case, an excellent example is the purchase and sale of railway and air tickets, which do not have a physical form, but act as an electronic product — electronic tickets or receipts. Also an example is the variety of applications that are purchased, installed and used online.

Based on the above, it is obvious that today there are a huge number of different marketplaces and in order to competently start your business, you need to study in detail all aspects of different trading platforms.

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