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Advantages and Disadvantages of online marketplaces - Blazingcoders

Advantages and Disadvantages of online marketplaces Online marketplaces allow you to sell goods without setting up your own online store. Selling through online marketplaces provides a flexible business opportunity with relatively low start-up costs. This is place to Buy and Sell goods through online. Advantages of online marketplaces Points are given below:-  It provides an additional channel to market and sell your products. The platform offers reduced marketing costs compared to other sales channels. Helps reviews of your products and service may give new customers the confidence to buy. They provide greater transparency - availability, prices and stock levels are accessible in an open environment. Disadvantages of online marketplaces for your business:-  There are a number of significant benefits to selling on marketplaces however there are potential drawbacks that may need to be considered. Marketplaces can charge commission on every sale and fees can va