online marketplace
An online marketplace is a digital platform where buyers and sellers can connect to trade goods and services. These platforms allow individuals or businesses to list their products, making it easy for customers to browse and purchase items from various sellers in one place. Examples of online marketplaces include Amazon, eBay, and Etsy.
In an online marketplace, transactions are typically facilitated by the platform, which may handle payment processing and provide customer support. This setup benefits sellers by giving them access to a larger audience, while buyers enjoy the convenience of shopping from home and comparing prices across different sellers.