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- A virtual marketplace is a nonphysical and borderless spatial dimension that exists in the digital domain, in which exchange relations and transactions take place at different levels through digital interactions supported by communication technologies1. It is a virtual store where individuals or organizations may purchase and sell products and services (new or old)2. Online marketplaces are run by third-party vendors or service providers who often take a part of the sales profits in exchange for listing the items on their sites and facilitating transactions3. A virtual marketplace is an online forum where many vendors come and sell their products to interested buyers through a third party website or app4.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Definition of Virtual Marketplace: A nonphysical and borderless spatial dimension that exists in the digital domain, in which exchange relations and transactions take place at different levels through digital interactions supported by communication technologies.www.igi-global.com/dictionary/marketing-trends-in-t…A virtual marketplace is a virtual store where individuals or organizations may purchase and sell products and services (new or old). They typically receive a portion of sales revenues in exchange for displaying the products on their sites and processing transactions.www.businesstechweekly.com/online-sales-and-gr…An online marketplace is a virtual store where individuals or businesses buy or sell goods (new or used) and services. Online marketplaces are run by third-party vendors or service providers who often take a part of the sales profits in exchange for listing the items on their sites and facilitating transactions.www.capterra.com/resources/virtual-marketplace/A virtual marketplace is an online forum where many vendors come and sell their products to interested buyers through a third party website or app.www.e-fresco.io/blog/post/virtual-marketplace-mark…
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