Market Place

[Sap Solution]

What is difference between market place and e-commerce ?

[hoangrapsoul]

Hi Sap Solution

A marketplace is a business model, where the website owner allows third party sellers to sell on the platform and invoice the customers directly. The website owner does not own the inventor, neither does he invoice the customer.

An Ecommerce website could be a marketplace, single brand online store or multi brand online store. In single brand or multibrand model, the inventory is owned by the website owner. The website owner also invoices the customer and pays the value added tax.