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An online marketplace business is to connect the buyers and sellers in one centralized place. The objective of the online marketplace is to serve as a meeting juncture between the customers and the service providers. The marketplace business owners can generate a handsome revenue since the service fees are fixed by the marketplace owner. The user engagement is substantially high when compared to traditional business. Since people love to avail their products and services online - a marketplace business model could be one of the ways to increase traction towards your business.