The marketplace business model has proved successful and has gained a lot of traction. The idea of a peer to peer marketplace platform has been applied to a considerable number of workable use cases. For example, on AngelList alone there are 1,239 marketplace platforms. Entrepreneurs see value in peer to peer ecommerce, as it allows them to unite users on a global scale and enable efficient transactions. This market will be worth $355 billion by 2025 as per PricewaterhouseCoopers.
In this article, we’ll tell you how to start an online marketplace and provide a few peer to peer marketplace examples.