Electronic Marketplaces

Electronic marketplaces are online platforms where buyers and sellers can meet to exchange goods and services. They function similarly to traditional marketplaces but operate on the internet. Examples include sites like Amazon and eBay, where various vendors list their products for consumers to browse and purchase. These platforms facilitate transactions, often providing features like payment processing and customer reviews, making it easier for users to find what they need. Electronic marketplaces enhance accessibility and choice, allowing users to compare offerings from multiple suppliers in one convenient location.