What is peer to peer e-commerce?

Answer 1

Peer-to-peer (P2P) e-commerce refers to a decentralized online marketplace where individuals can buy and sell goods or services directly to one another without the need for an intermediary, such as a traditional retailer. This model leverages technology platforms to facilitate transactions, often allowing users to set their own prices and negotiate terms. Examples include platforms like eBay and Etsy, where sellers can reach buyers directly. P2P e-commerce promotes a more personalized shopping experience and can often lead to lower prices for consumers.