
Online Marketplace
An online marketplace is a digital platform where multiple sellers can offer their products or services directly to consumers. Think of it as a virtual shopping mall, but instead of physical stores, you browse various sellers’ items on a website or app. Buyers can compare prices, read reviews, and make purchases through a unified checkout process. Examples include Amazon, eBay, and Etsy. These platforms facilitate transactions and often handle payments, while also providing a space for sellers to reach a broader audience without needing their own website.