Electronic Markets
Electronic markets are online platforms where buyers and sellers can connect to trade goods and services. These markets facilitate transactions through websites or apps, allowing users to browse products, compare prices, and make purchases without needing to visit a physical store. Examples of electronic markets include Amazon, eBay, and Etsy.
In electronic markets, transactions are often secured through digital payment systems, ensuring safety for both parties. They can also provide features like customer reviews and ratings, which help users make informed decisions. Overall, electronic markets have transformed the way people shop and conduct business in the digital age.