Image for peer-to-peer (P2P) marketplaces

peer-to-peer (P2P) marketplaces

Peer-to-peer (P2P) marketplaces are online platforms that connect individuals directly to buy, sell, or exchange goods and services without intermediaries. Users create accounts, list offerings, and negotiate terms directly with each other. Examples include websites for renting homes, selling handmade goods, or sharing rides. P2P marketplaces leverage technology to build trust among users, often through reviews and ratings. This model allows for more competitive pricing and diverse options, empowering individuals to engage in commerce directly and fostering a sense of community among users.