We are currently living in a technological era, where the rise of technology has opened up platforms for new and innovative ideas. Throughout this time, e-commerce has become a phenomenon, where online marketplaces have seen and will continue to see an upward rise over time.
For many years, eBay and Amazon have dominated the world of marketplace, but with many now taking a vertical approach, the opportunity for a new and upcoming site was there for the taking. OnBuy is a British marketplace who offers a plethora of products to serve several diverse industries. Comparing a range of retailers, this site seeks to bring you the best price for the products available on the market.
E-commerce marketplaces are now recognized as cost-friendly and highly effective sales platforms, where various sites bring products all to one place and distribute this to large audiences. Marketplaces bring together buyers and sellers to communicate and undertake business transactions.
OnBuy is an online community, which brings people together through their love for buying. They can ensure the highest and most consistent quality of products through their careful selection of businesses who they allow to sell via the site. Sites like this are extremely useful, economically empowering users through the vast choices available to them at the click of a button.
The great thing that comes with e-marketplaces is how the process of buying and selling has ultimately been simplified. This concept has opened up innovative opportunities and has opened up competition across geographical boundaries, where availability to consumers is 24 hours a day 7 days a week.