Abstract:
Many small sellers have limited inventory, making it too expensive for them to maintain their own online stores. These merchants would be happy to sell on my marketplace. Because they don't invest in the inventory on my site, expanding supply is simpler, faster, and with lower financial risk. Due to the ability to accept buyers and sellers from around the globe, marketplace business models increase the likelihood of beginning international sales, and without taking any risks or conducting a thorough demand analysis, begin selling new products and product categories by simply welcoming new sellers. Multi-vendor marketplaces create new buyer-seller relationships and it becomes their trusted and convenient means of communication. Rich product selection and new experience will attract more customers to my E-Commerce website, which will attract more vendors. Buyers perceive large marketplaces as more secure than smaller online stores and are more likely to pay. Sellers handle their products themselves and less management effort and ship their products themselves. However, Admin has to learn a little bit about vendor management. A customer can easily buy a product, create a wish list and save the product for later purchase. He can review and rate a product if he has already purchased it. Product recommendation is very important for e-commerce. That's why we give great importance to product recommendations on our e-commerce site. So that a customer does not feel bored while searching for the product. Also, we have added live chat for customers to contact with admin. Our commerce site is multilingual, so a customer can use the site in his own language
