multivendor marketplace is online platform where multiple sellers offer products
A multivendor marketplace is an e-commerce platform that allows various vendors or sellers to list and sell their products or services to a wide audience. In contrast to single-vendor e-commerce websites, a multivendor marketplace enables multiple businesses to operate under one platform, with each vendor managing their own inventory, pricing, and sales. The platform typically handles the overall operations, such as processing payments, providing customer support, and ensuring secure transactions. Examples of popular multivendor marketplaces include Amazon, eBay, and Etsy. These marketplaces create a competitive environment, often offering customers a wide variety of products at different price points, and allow sellers to reach a broader audience.
