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What is an e-Marketplace?

 

Ans:

In a broader sense, business to business (B2B) e-Marketplace is an online platform where buyers and suppliers come to communicate, collaborate and make business transactions. e-Marketplace caters a large number of participant companies as a community. The main objective of an e-Marketplace is to create a venue, filled with features that allow members to efficiently conduct significant portion of business processes on the Net. e-Marketplaces are also known as B2B trade exchanges. Whether you are primarily a buyer or a supplier, participation in emarketplace can generate enormous benefits to your company - both in cost savings and productivity increase.


 
 
 
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