Starting an online business? Know the key differences between an online marketplace and an e-commerce website
Gone are the days where we had to make a list and wait for some free time to go out to the market to shop. Today, online shopping has taken the world by storm; you just have to browse through virtual stores on an e-commerce website or online marketplace, add the products you need to your cart and pay online or via COD. You’re done shopping without even having to step out.
When it comes to shopping online or even selling something online, there are two concepts:
1. Online marketplace
2. E-commerce website