Identify a marketplace model that generates revenue from the fees charged for matching buyers and sellers.
A)Seller-side marketplace
B)Buyer-side marketplace
C)Third-party exchange marketplace
D)Trader-side marketplace

Question

Quizplus · Accepted Answer

Third-party exchange marketplace generates revenue by charging a fee for each transaction that takes place between buyers and sellers. This fee is paid by either one or both parties involved in the transaction. The marketplace acts as a third-party intermediary that facilitates the transaction and ensures that the buyer receives the product or service they paid for, and the seller receives the payment they are due. Examples of third-party exchange marketplaces include eBay and Amazon Marketplace.

Identify a Marketplace Model That Generates Revenue from the Fees