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A marketspace is an electronic marketplace. While traditional marketplaces are constrained by their physical locations, marketspaces use technology to eliminate this constraint (by being online).

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Q: How do you compare e-marketplaces with marketspaces?
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Compare marketplaces with marketspaces What are the advantages and limitations of each?

Marketplaces are defined by their physical location. Marketspaces are located online, and have no physical location. In some cases, the physical location of the marketplace may be to its advantage. In most cases, the requirements of the physical location are to the disadvantage of a marketplace. In contrast, a marketspace does not have this limitation and can serve a much wider audience. Because a marketspace is located online, its potential audience is limited to those who are comfortable with online services.


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