Image for Marketplace

Marketplace

A marketplace is a venue or platform where buyers and sellers meet to exchange goods or services. It can be a physical location, like a farmers' market or shopping mall, or a digital space, such as an online retail website. In these settings, sellers showcase their products, while buyers evaluate and purchase what they need. Marketplaces facilitate trade by providing a structured environment for transactions, often setting rules for pricing and quality, and can benefit from competition, leading to better choices and prices for consumers.