Peer-to-Peer Marketplace
A Peer-to-Peer Marketplace is an online platform that allows individuals to buy and sell goods or services directly with each other, without the need for a traditional retailer. These marketplaces connect sellers and buyers, enabling them to negotiate prices and terms directly. Examples include platforms like eBay and Etsy, where users can list their items for sale or browse offerings from others.
In a peer-to-peer marketplace, transactions are typically facilitated by the platform, which may provide features like payment processing and user reviews to build trust. This model empowers individuals to monetize their skills or possessions while offering consumers unique products and services that may not be available through conventional stores.