The Phenomenon Of A Social Marketplace

By Author: Social hound
Total Articles: 2
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Marketplaces are fairly old concepts that involved the barter and the buy and sell of goods and services. Local marketplace transactions involve money and even the exchange of goods in return for other goods.

Marketplaces are fairly old concepts that involved the barter and the buy and sell of goods and services. Local marketplace transactions involve money and even the exchange of goods in return for other goods. Flea markets are reminiscent of market places where sellers would venture out to sell new and sometimes even used products. Local market places are diminishing today and have come to be replaced by social marketplace made popular due to the Internet. Virtual marketplaces are platforms that allow buyers and sellers to converse with each other via the platform of the internet to chalk out a good deal.

The advancement in the Internet has led to a variety of ways through which it can be used. One of the most popular among them is its use for the purpose of buying and selling of goods. Sites like eBay act as mediums through which one can buy and sell anything that he wishes. While there are some sites that ...
... only facilitate buying there are those that have it two ways that is buying and selling. These transactions also take place through the method of free auction, thus making rates competitive and calling for a settlement of a fair deal across the buying and the selling end.

On the Internet you will come across social marketplace where in fair trade practices can be held via the platform of the Internet. This method of business is advantageous to both ends of the deal that is the buyer and the seller. The seller will fix a good deal for the product that he is selling after which it might be deliberated upon by the seller through the medium of an auction. Once both parties agree to a fair deal the transactions commence. All one has to do to be part of similar virtual transactions is create an account on sites that permit buy & sell of products and services.

A Social marketplace is the best method coming to be adopted by several people interested in carrying out trade transactions for the products that they own. If you have an electronic gadget, a phone, clothes, books and jewellery that you own and are not using it consider putting it up on a virtual market place. It will surely fetch a good number of buyers who will be willing to pay for it. To be part of a Social marketplace you must simply contact a good site to create an account. Once you have created an account you can join an online store selling products similar to the one you are selling. Then form a network of friends, family, colleagues, and people you think would be interested in buying your products. After this has happened you can begin marketing your products in order to fetch a good deal on the product that you are selling. These auction sites are visited by a number of people on a daily basis so the products that you are selling will surely get a good buyer. Go ahead, create an account today!
Resource: http://hubolu.com/cgi-bin/marketplace