eCommerce Wordbook

Marketplace

What is the meaning of Marketplace?

Marketplace commerce refers to a type of ecommerce model where businesses or individuals can buy and sell goods or services on an online marketplace platform. Marketplace platforms provide a centralized location for buyers and sellers to connect and transact without the need for a traditional brick-and-mortar store. Marketplace commerce platforms can be general, offering a wide range of products.

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Who are Amazon's main competitors?

Who are Amazon’s main competitors?

When it comes to online retail and ecommerce powerhouses, one name towers above the rest: Amazon. Thanks to its unmatched strengths in logistics, transportation, distribution, and constant technological innovation, Amazon has pulled so far ahead that it’s fair to wonder if anyone else even qualifies as true competition. Seriously —

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