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Economic Analysis: Theory and Practice
 

Evaluating the popularity of online trading platforms in the consumer market

Vol. 19, Iss. 7, JULY 2020

Received: 8 June 2020

Received in revised form: 18 June 2020

Accepted: 30 June 2020

Available online: 30 July 2020

Subject Heading: BUSINESS PERFORMANCE

JEL Classification: L81

Pages: 1265–1280

https://doi.org/10.24891/ea.19.7.1265

Nefedova K.A. Vladimir State University named after Alexander and Nikolay Stoletovs (VlSU), Vladimir, Russian Federation
kseniya-nefedowa@yandex.ru

https://orcid.org/0000-0001-9774-3684

Maslakova D.O. Vladimir State University named after Alexander and Nikolay Stoletovs (VlSU), Vladimir, Russian Federation
mas-dariy@yandex.ru

https://orcid.org/0000-0001-9340-3359

Subject. Online trading has shown unprecedented growth over the past few years. This crisis year, due to the coronavirus pandemic, has created an additional impetus for this line of business and enabled to assess the benefits of online commerce by the people, who were previously skeptical about it. Currently, online sales opportunities are expanding, and distribution channels are becoming more diverse.
Objectives. The purpose of the study is to build an understanding among buyers of the difference between various trading platforms designed to purchase consumer goods within the framework of online trading.
Methods. We employ methods of comparative analysis, factor and rating methods. The survey serves as the main methodology of the study.
Results. We analyzed key trends in the development of online trading in the consumer goods market, considered the main online trading platforms, unveiled their advantages and disadvantages. The survey identified major problems in understanding the difference, specifics, and preferences, when choosing a particular trading platform by online buyers.
Conclusions. Detailed knowledge of the essence, features and specifics of the organization of various online trading platforms will permit sellers and buyers of goods and services to better understand pros and cons of each of them. It also will contribute to effective sales promotion and the purchase of goods on on preferential terms.

Keywords: marketplace, aggregator, online shop, Internet trading, popularity

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