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Web Application on Marketplace for Buying/Selling Assets

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International Research Journal of Engineering and Technology (IRJET)

e-ISSN: 2395-0056

Volume: 09 Issue: 04 | Apr 2022

p-ISSN: 2395-0072

www.irjet.net

Web Application on Marketplace for Buying/Selling Assets Sayli Patil1, Rupali Dongre2, Shruti Gavali3, Pranita Bhoi4, Prof. Rohini Palve5 1,2,3,4BE

Computer Engineering Student, Terna Engineering College, Nerul, Navi Mumbai, Maharashtra, India Dept. of Computer Engineering, Terna Engineering College, Nerul, Navi Mumbai, Maharashtra, India ---------------------------------------------------------------------***-------------------------------------------------------------------1.1 Objective: Abstract - The marketplace works is a platform through 5Professor,

which the people exchange things into the productive investment proposals. In longer term, it helps in the building the economy of the country. Various tasks can be performed in markets including comprehensible price and dealing of the product. It is a platform where users can exchange different assets using web application. Such a platform can be used by any user, where exchange of various assets takes place on a ground basis. The deals take place within the circle of purchaser and supplier. These merchants can be an individual, group of people, an organization etc. The aim of platform is for financing and commercial speculation.

The main objective of this project is as follows 1. This portal is used selling products online. 2. Any user have both types 3. This website has bidding history of a user. 4. There is feedback form. If the customer wants to give some feedback.

1.2 Drawbacks of other platforms:    

Key Words: Marketplace, Seller, Buyer, Auction, Assets, Bidding, Winning.

1. Introduction:

Big competition. face-to-face contact absent. Supplier is unknown. Profit is very low.

1.3 Reasons for choosing a Web based online auction system:

An online auction is well-liked method for exchanging customer services. Online marketplace helps the end user to negotiating the product in best price. The system target is to make the system easier, reliable, and fast. This application can be used to sell the any items on the web site from home. In this system we have build the application which constitute the open market existing for exchange of commodities. This system is web application based and it can be accessed from any device and from any corner across the world. Using this software, the bidder can be connected to merchandise who will provide them the essential information. This system is consumerfriendly website, where merchandise or a user is viewing the website for auctioning the products which can be obtained nearby or anywhere across the world. This system can be useful for achieving the maximum customers bidding in a certain local area. Unlike the standard auctioning process, this software brings all the merchandise and clients together from the whole world. Bidders can get time to think about the product before bidding since the things are registered for couple of days. In this system there are no limitations for geographical area, or the time restrictions, the number of bids receiving will be more as compared to auctions that physically takes place.

In first half of 2020, many people were obliged to change to online exchange due to the reduction on mass gatherings during the COVID-19 crisis. But it provided best services for all sellers and buyers. More number of customers: Due to conflicts, distance and individual item marketing, a greater number of people are willing to participate in an auction. People who wish to purchase only one commodity have more possibility of bidding online. Wide ranging: In Online auctions, buyers from round the world come to buy products. This marketplace provides the reach to seek authenticate client for each and every product. Availability: Users can place bids from anywhere in the world and at any time. They can bid in as many as auctions in a single day. Longer bidding window: Bidding window can remain open for as long as you want. More chances to user to see what they require. Motionless: Products are viewed, merchandised, and uplifted from corresponding location.

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