Online marketplaces simplifying our lives

CHENNAI, India - Sept. 3, 2015 - PRLog -- Not many years ago, one had to spend long hours booking a flight or a hotel and depend on travel agents until travel marketplaces came into existence and transformed the scenario completely. These travel portals made the booking process a cake walk for the common man. Once only dominant in travel sector, online  marketplaces have come up in each and every area now, be it clothes & accessories,  electronics, grocery, finance, insurance, foreign exchange, cabs, real estate and the list goes on.

With increasing internet and smartphone penetration across the globe, these online marketplaces have gained a lot of traction leading to numerous new services marketplaces. A marketplace is essentially a platform that connects customers with sellers. Since sellers on the platform are constantly competing with each other for business they are likely to offer only the best quotes.
These marketplaces are touching customer’s lives in every aspect. The biggest transformation has happened to travel sector where one can not only book flights but also book train and bus tickets via travel portals. Forget spending days and night planning a holiday trip, getting customized travel packages from companies like Makemytrip, Yatra, Goibibo etc. has become so convenient. Even when it comes to hiring a cab, online platforms like Uber and Ola have left behind older and established players like Meru.

Finance is another sector which has witnessed a plenty of marketplaces coming up. Whether customers are looking for insurance or a forex related product, online marketplaces offer a convenient solution. For instance, earlier people used to buy forex from the airport without thinking much about the best currency exchange. But players like BookMyForex have made the process to avail the best foreign exchange rates extremely simple and transparent. With them, getting the best foreign exchange rates is just a matter of a few mouse clicks! So there’s no reason why someone should ditch this route and settle for anything less than the best currency exchange when buying, selling or remitting forex.

Food apps too are gaining momentum with working professionals who neither have the time nor the inclination to cook at home. With doorstep delivery and endless menus, aggregators like Zomato, FoodPanda, FoodPort etc. have become on-the-go apps for today’s generation. So whether it is about ordering groceries, vegetables,shopping your favorite dress online, managing your funds, getting the best foreign exchange rates, easy ticketing , getting your laundry cleaned or renting a home etc., aggregators are pushing the service providers to provide good value along with superior service.

These marketplaces are therefore a win-win for the customers and the service providers and work in the best interests of both.

For more information visit our website www.bookmyforex.com/currency-exchange/chennai or call @ 09212219191..