With fast development of the information age and globalization, the concept of e-marketplace has been put into practice. Every country had faced the various challenges, especially after the economy crisis in 2008. People are urgently trying to find ne...
With fast development of the information age and globalization, the concept of e-marketplace has been put into practice. Every country had faced the various challenges, especially after the economy crisis in 2008. People are urgently trying to find new ways to make business trade wider and more efficient, as well as to reduce the common cost related with trade. In this view, E-marketplace provides an opportunity for people to gain vision and support, where it provides ways of reducing transaction costs, methods to overcome time and space constraints as well as new market and business opportunities.
The objective of this study is to find out the success factors of the e-marketplace in Korea with special focus on the analysis of China leading B2B e-marketplace (Alibaba.com). To do this, this study give suggestions for the Korean e-marketplace based on the analysis results. This study attempts to deduce successful factors that suggest several implications for the Korean e-marketplace. The result was extracted from some related theories about the E-marketplace, and then an experimental study was conducted by distributing questionnaire to Chinese’s E-marketplace users. The result was provided a recommendation for the development of Korean e-marketplace in the trading field. According to this result, this study was established the advantages and disadvantages of the current model and give suggestions.