In commerce, a third-party source means a supplier (or service provider) who is not directly controlled by either the seller (first party) nor the customer/buyer (second party) in a business transaction. The third party is considered independent from the other two, even if hired by them, because not all control is vested in that connection. There can be multiple third-party sources with respect to a given transaction, between the first and second parties. A second-party source would be under direct control of the second party in the transaction.
In information technology, a third-party source is a supplier of software (or a computer accessory) which is independent of the supplier and customer of the major computer product(s).
In e-commerce, 3rd party (3P) source refers to a seller who publishes products on a marketplace, without this marketplace to own or physically carry those products. When an order comes in, a 3P seller has the item on hand and fulfills it. An example of 3P sellers are merchants participating in Amazon's FBM program.
See also
- Third party (disambiguation)
- Third-party logistics (3PL)
- Computing platform
- Tertiary source
References
- "Glossary". Rise Research Institutes of Sweden. Archived from the original on 2009-02-13. Retrieved 2018-07-28.
- "Definition - third party", Yale.edu, 2011, web: YLic Archived 2011-05-14 at the Wayback Machine, states: "not directly involved in the transaction".
- "Online Sales and Its Sellers (1P, 2P, 3P)". GeekSeller. 2017-09-05. Retrieved 2019-06-01.
For the Wikipedia essay about this topic see Wikipedia Third party sources Look up third party in Wiktionary the free dictionary In commerce a third party source means a supplier or service provider who is not directly controlled by either the seller first party nor the customer buyer second party in a business transaction The third party is considered independent from the other two even if hired by them because not all control is vested in that connection There can be multiple third party sources with respect to a given transaction between the first and second parties A second party source would be under direct control of the second party in the transaction In information technology a third party source is a supplier of software or a computer accessory which is independent of the supplier and customer of the major computer product s In e commerce 3rd party 3P source refers to a seller who publishes products on a marketplace without this marketplace to own or physically carry those products When an order comes in a 3P seller has the item on hand and fulfills it An example of 3P sellers are merchants participating in Amazon s FBM program See alsoThird party disambiguation Third party logistics 3PL Computing platform Tertiary sourceReferences Glossary Rise Research Institutes of Sweden Archived from the original on 2009 02 13 Retrieved 2018 07 28 Definition third party Yale edu 2011 web YLic Archived 2011 05 14 at the Wayback Machine states not directly involved in the transaction Online Sales and Its Sellers 1P 2P 3P GeekSeller 2017 09 05 Retrieved 2019 06 01
