Marketplace Business Model (Essential Guide)
Have you considered becoming a marketplace entrepreneur? 47% of digital purchases across the globe are taking place through online marketplace platforms. You can capitalize on the demand for niche services by launching an online marketplace. Once you have successfully attracted enough buyers and sellers to your marketplace website, there will be no shortage of ways to monetize your online marketplace business. Start by considering your monetization options. Once you know where you’re going, you can optimize growth around this revenue model and embark on a cohesive go-to-market strategy. In this guide, we are going to break down several marketplace business models for