What is Market?

Market is a place where buyer and seller meet to sell or buy goods and service.

Types of Market
  • Consumer Market
  • Business Market
  • Global Market
  • Non profit Market
  • Government Market 
Consumer Market :

Its also called as people market where companies sell consumer goods.

Business Market :

B2B market where business buyers but goods for their business.

Global Market :

Companies sells goods and services globally across countries.

Non profit Market:

Non profit organizations such as charitable organizations, universities, etc.

Government Market:

Buyers are governments.

Marketplace, Marketspaces and Metamarkets

Marketplace is the physical place of market.

Marketspaces is digital such as Internet.

Metamarkets are related market areas of the product Ex: Car have metamarkets in Insurance, service shops, etc.




30 Aug 2014

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