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  2. In business, a market refers to1234:
    • A place where buyers and sellers meet to exchange goods and services.
    • Can be physical (like a retail outlet) or virtual (like an e-retailer).
    • Establishes prices based on supply and demand.
    • Business markets involve selling products and services to other businesses.
    • The term may also refer to the whole group of buyers for a good or service.
    Learn more:
    A market is where buyers and sellers can meet to facilitate the exchange or transaction of goods and services. Markets can be physical, like a retail outlet, or virtual, like an e-retailer. Examples include illegal markets, auction markets, and financial markets. Markets establish the prices of goods and services, determined by supply and demand.
    www.investopedia.com/terms/m/market.asp
    What are Business Markets? The business market is the process of selling your product and services to other businesses, where those products and services will either be used as a raw material for the manufacturing of other products. Or those businesses buy the products or services and resell them.
    www.marketingtutor.net/business-markets/
    A Market is any place where makers, distributors, or retailers sell, and consumers buy. Examples include shops, high streets, and websites. The term may also refer to the whole group of buyers for a good or service.
    marketbusinessnews.com/financial-glossary/market/
    A market is just a group of consumers who seek to satisfy similar needs through some form of exchange. First, the participants in the market must have something to exchange. That is, both parties have to have something of value so the consumer in order to be part of a viable market.
    thebusinessprofessor.com/principles-of-marketing/…
     
  3. People also ask
    What is a business market?A company that purchases goods and services in a business market might also use the items they purchase as materials to produce new products of their own. There are business markets designed around making sales directly to consumers as well, and they focus on reaching a large audience rather than marketing to other businesses.
    What are business-to-business markets?Business-to-business markets are the ones where businesses offer their products or services to other businesses. The goods and services traded in business-to-business market places are used by the business buyers for further manufacturing or resale to their target audiences.
    What is a market in economics?A market is any place where two or more parties can meet to engage in an economic transaction—even those that don't involve legal tender. A market transaction may include goods, services, information, currency, or any combination that passes from one party to another. In short, markets are arenas in which buyers and sellers can gather and interact.
    What is a market and how does it work?A market is a place where parties can gather to facilitate the exchange of goods and services. The parties involved are usually buyers and sellers. The market may be physical, like a retail outlet, where people meet face-to-face, or virtual, like an online market, where there is no physical presence or contact between buyers and sellers.
     
  4. Dictionary

    mar·ket
    [ˈmärkət]
    noun
    market (noun) · markets (plural noun)
    1. a regular gathering of people for the purchase and sale of provisions, livestock, and other commodities:
      "farmers going to market"
    2. an area or arena in which commercial dealings are conducted:
      "the labor market" · "the sale of cruisers in the American market continues to plummet"
      • a demand for a particular commodity or service:
        "there is a market for ornamental daggers"
      • the state of trade at a particular time or in a particular context:
        "the bottom's fallen out of the market"
        Similar:
        buying and selling
      • the free market; the operation of supply and demand:
        "future development cannot simply be left to the market" · "a market economy"
      • a stock market:
        "the sale of the company's shares on world markets"
    verb
    market (verb) · markets (third person present) · marketed (past tense) · marketed (past participle) · marketing (present participle)
    1. advertise or promote (something):
      "the product was marketed under the name “aspirin.”"
    Origin
    Middle English, via Anglo-Norman French from Latin mercatus, from mercari ‘buy’ (see also merchant).
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