Image for Online Marketplace Platforms

Online Marketplace Platforms

Online marketplace platforms are websites or apps that connect buyers and sellers, enabling them to trade goods and services. Unlike traditional stores, these platforms don't own the products; instead, they provide a space for various sellers to list their items. Examples include Amazon, eBay, and Etsy. Buyers can browse a wide range of products, compare prices, and read reviews, while sellers can reach a larger audience without needing a physical storefront. The platform typically handles transactions, customer service, and sometimes shipping, making the buying and selling process easier for everyone involved.