Online Marketplaces

Online marketplaces are digital platforms that connect buyers and sellers, allowing them to conduct transactions over the internet. These platforms facilitate the exchange of goods and services by providing a virtual space where multiple vendors can list their products, and consumers can browse and purchase items. Online marketplaces typically handle various aspects of the transaction process, including payment processing, order fulfillment, and sometimes shipping and customer service. Examples of popular online marketplaces include Amazon, eBay, and Etsy. They often offer a wide range of products, from consumer goods to handcrafted items, and can serve both individual sellers and larger businesses. Online marketplaces provide a convenient shopping experience for consumers and a cost-effective way for sellers to reach a broader audience without needing to maintain their own e-commerce site.