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A marketplace is an online space created to gather and accommodate a number of vendors and customers where they can interact as equals (when both sides are private individuals or business representatives) or develop a hierarchy “entrepreneur-client.” There are three basic business models: B2B (business-to-business) — Business marketplaces B2C (business-to-customer) — the businesses sells to

If you’re wondering whether to start and grow an online business, you can consider creating a virtual marketplace! Online marketplaces present an amazing opportunity for small to medium-sized businesses. An online marketplace is a website or app which facilitates shopping from many different vendors to a wide audience. The marketplace operator does not own any

What is an online Marketplace? A marketplace is an eCommerce website where you can find a variety of products from different brands coming from multiple vendors, shops or person showcased on the same platform. The marketplace owner is responsible for attracting customers and the processed transactions, while the third party vendors deal with the manufacturing