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Stream/Area:
-
Subject:
-
Paper ID:
10.55041/IJSREM34048
Volume:
8 |
5 |
May 2024
Pages:
Publication Frequency:
Monthly (12 issues per year)
License:International Journal of Scientific Research in Engineering and Management follows the Creative Commons Attribution 4.0 (CC BY 4.0) License, allowing free use and distribution with proper attribution.
In the modern era of technology, online shopping platforms have transformed how businesses function, linking producers directly with customers across the globe. Nevertheless, conventional online selling methods frequently entail middlemen who levy fees, resulting in increased costs for buyers and diminished profits for producers. To tackle these issues, we unveil the “Direct Exchange Platform,” an innovative trading system engineered to forge a direct link between producers and buyers, completely free from commission charges. This platform aims to benefit both manufacturers and consumers by enabling manufacturers to increase their earnings while offering products at more affordable prices to consumers. Additionally, the platform provides tools for consumers to connect with manufacturers, inquire about products, and build a more transparent and direct relationship. By reducing intermediaries and offering a commission-free environment, the Direct Trade Platform aims to enhance manufacturer-consumer relations, boost manufacturer earnings, and minimize the occurrence of cancellations and returns commonly experienced on traditional e-commerce platforms. Through this research paper, we explore the design, functionality, and potential impact of the Direct Trade Platform on the e-commerce landscape, highlighting its role in empowering commerce, fostering transparency, and driving economic efficiency in the digital marketplace.
KEYWORDS
Publication Date
12/31/45427
Peer Review Type
Double-Blind Peer Review
Review Rounds: 2
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Conflict of Interest
The authors declare no conflict of interest related to this research work.
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