An online marketplace is a kind of e-commerce web site design where product and inventory information are provided by multiple third party vendors, and transactions are managed by the marketplace operator. Online marketplaces are new generation tool for multi-vendor powered e-commerce website.

Online marketplace development has a huge scope in a heavily populated country like India. Many consumers are the target market to be tapped by vendors. So, traffic generating on an online marketplace in India, gives a unique opportunity meet a large base of consumers via online marketplace development in India. It also helps consumers to choose a minimum rate available for one product offered by multiple vendors/dealers/distributors and other people also.

In an online marketplace development , consumer transaction and communications are processed by the marketplace owner and then then delivery and order procurement is sent to responding retailers or vendors/wholesellers. This also termed as drop shipping.

Off-course, the concept of putting online marketplace development in India is to gather a large variety of products offered at different diffent via different multiple vendors/retailers/whole sellers. Online marketplace development offered by kakinfotech.com from Nehru place, India is to gather a complete segment to provide a large product base to choose from a variety of products.

In simple words, it will raise the demand of products day-by-day. Many other bidding procedures to map different options altogether is available in the search of quality products with the lowest bid for the price.