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live demand report in US

Online Marketplace

Software   Product   Rapid growth   


An online marketplace is a platform that connects buyers and sellers, allowing them to conduct transactions and exchange goods or services. The marketplace operator typically takes a commission on each transaction.

  

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(Monitor this trend over time)

4.4K
searches/mo

 12 Months
Trend: declining
MOM change: -0.3%
 5 Years
Trend: growing
MOM change: 5.25%

Top reasons why this topic is getting popular

1. Convenience

Online marketplaces offer a convenient way for buyers and sellers to connect and conduct transactions from the comfort of their own homes. This eliminates the need for physical storefronts and reduces the time and effort required to buy or sell goods.

2. Increased Reach

Online marketplaces have a global reach, allowing sellers to reach a wider audience than they would with a physical storefront. This can lead to increased sales and revenue for sellers.

3. Lower Costs

Online marketplaces typically have lower overhead costs than physical storefronts, as they do not require rent, utilities, or other expenses associated with maintaining a physical location. This can lead to lower prices for buyers and higher profits for sellers.

4. Increased Competition

Online marketplaces increase competition among sellers, which can lead to lower prices and better quality products for buyers. This can also incentivize sellers to improve their products and services in order to stand out in a crowded marketplace.

5. Ease of Comparison

Online marketplaces allow buyers to easily compare prices and products from multiple sellers, making it easier to find the best deal. This can lead to increased transparency and competition among sellers.

Who's talking about this trend?

1. Marianna Hewitt (@marianna_hewitt)

Beauty and lifestyle influencer who has also launched an online marketplace, Summer Fridays, and shares tips and behind-the-scenes looks at running the business on her Instagram account.

2. Savannah Sanchez (@thesavannahsanchez)

Social media strategist and influencer who shares insights and advice on growing an online marketplace on her Instagram account.

3. Matt Edmundson (@mattedmundson)

Entrepreneur and influencer who shares tips and strategies for building successful e-commerce businesses on his Instagram account.

4. Emma Drew (@emmadrewinfo)

UK-based blogger and influencer who shares her experiences and advice for building a successful online marketplace on her Instagram account.

5. Pat Flynn (@patflynn)

Entrepreneur and influencer who shares his insights and strategies for building successful online businesses, including marketplaces, on his Instagram account.