A marketplace management service refers to a service or platform that helps businesses efficiently manage and operate their online marketplaces. In the context of e-commerce, a marketplace is an online platform where multiple vendors can list and sell their products or services to consumers. Examples of popular online marketplaces include Amazon, Flipkart, Snapdeal, shopclues, bigbasket, Paytm, eBay, Pepperfry, etc.
A marketplace management service typically offers a range of tools and features to streamline various aspects of running an online marketplace.
Some of the key functionalities provided by such services include: