Third-party source

Short description: Good/service provider who is independent of both the buyer and seller

For the Wikipedia essay about this topic, see Wikipedia:Third-party sources.

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.[1] 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.[2]

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.[3]

## See also

* Third party (disambiguation)
* Third-party logistics (3PL)
* Computing platform
* Tertiary source

## References

1. ↑ "Glossary". http://www.sp.se/EN/PRESS/GLOSSARY/Sidor/default.aspx.
2. ↑ "Definition - third party", Yale.edu, 2011, web: YLic , states: "not directly involved in the transaction".
3. ↑ "Online Sales and Its Sellers (1P, 2P, 3P)". 2017-09-05. https://www.geekseller.com/blog/online-sales-and-its-sellers-1p-2p-3p/.

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