E-Commerce Dictionary
Marketplace
Definition
An e-commerce site where third-party companies can sell their products or services to consumers.
Deep Dive
A marketplace is an e-commerce platform that facilitates transactions between multiple third-party sellers and consumers. Unlike a traditional online store that sells products from a single vendor, a marketplace aggregates offerings from various businesses, creating a diverse catalog under one digital roof. This model provides sellers with access to a broad customer base and established infrastructure, while buyers benefit from a wide selection of products, competitive pricing, and often, consolidated shipping options.
Examples & Use Cases
- 1Amazon
- 2Etsy
- 3eBay
Related Terms
E-commerce PlatformB2CVendor