- Build digital environment where buyer and seller can meet, search for product, display products and establish prices for those products.
- Can serve B2B and B2C generating revenues from transaction fees.
Priceline.com Commercial
EXAMPLES OF MARKET CREATOR
- eBAY
eBay Inc. is an American multinational corporation and
e-commerce company, providing consumer to consumer & business to consumer
sales services via Internet. It is headquartered in San Jose, California,
United States. eBay was founded by Pierre Omidyarin 1995, and became a notable
success story of the dot-com bubble. Today, it is a multibillion dollar
business with operations localized in over thirty countries.
The company manages eBay.com, an online auction and shopping
website in which people and businesses buy and sell a broad variety of goods
and services worldwide. In addition to its auction-style sales, the website has
since expanded to include "Buy It Now" shopping; shopping by UPC,
ISBN, or other kind of SKU (via Half.com); online classified advertisements
(via Kijiji or eBay Classifieds); online event ticket trading (via StubHub);
online money transfers (via PayPal) and other services. It is not a free
website, but charges users an invoice fee when sellers have sold or listed any
items.
- PRICELINE.COM
Priceline.com is an American company and a commercial website
that claims to help users obtain discount rates for travel-related purchases
such as airline tickets and hotel stays. The company is not a direct supplier
of these services; instead it facilitates the provision of travel services by
its suppliers to its customers. It is headquartered in Norwalk, Connecticut,
United States. Priceline.com is wholly owned by The Priceline Group.