An Online Marketplace is a digital platform that connects buyers and sellers, allowing them to conduct transactions over the internet. These marketplaces can range from large platforms like Amazon and eBay to niche sites that cater to specific products or services. They provide a convenient way for consumers to shop from the comfort of their homes while offering sellers a broader audience for their goods.
Online marketplaces typically facilitate various aspects of the buying process, including product listings, payment processing, and shipping logistics. They have revolutionized the way people shop, making it easier to compare prices and find unique items from around the world.