Private E-marketplaces offer greater data privacy and security as many companies consider their transaction activities to be a competitive secret.
• There are certain patterns and conditions on which a business can be started on the Internet. Private E-marketplaces are the only type of E-marketplaces that offer a possibility to transfer those patterns on-line and choose the method that suits the best.
• Both the public E-marketplaces, third-party and consortia marketplaces, depend on the fees collected from the users to finance their operations. Almost none of the public E-marketplaces are making money and most of them are still refining their systems to deliver value-added services to the customers. On the-other hand, private E-marketplaces are gaining good economic approach by selling their products.