Aeawas, LT Ldawe 5.
Ergloring how +252 concepts ave implemented in enterprises ia tHe Phiigpines, garticularly in Qavae,
demons eates (cdl entrepreneues' wesiianc® And ingenuity in vBdching thaie taeget wdekEts and watering
consumer wants A marketgiace glatform as a lusiness model i6 one of the Fwits of thee iventivencss, These
Pat forms bring WEES Ord SOURS together, Streamlining tranéactions. Suit Marketgace aod Davao Market
Ae online gat forms in DOGO where idvidUA's And UsiNeS5RS way CHASE And Sell A variety of things ranging
From handeratted cxatts +o electrovis. while it can be likened to E-commerce Wecause both operate in the
Jiggtal arena of lying And Selina, 1% lUsinds6 wedels Gnd operationdl chavactewistics differ greatly
Marketplace glatforms act a6 mediators, bringing tagether multigh Sells Ord possible customers ia a
Single digital area, Unlike e-commerce, which fouses on a Single sellers offerings, wavietylaces wate a
diversified astortment of eroducts ov seevices From entige sellees, Fostering competition Ard roving buyers
with more options
“The success nd exgarsion of Gavao marketeiace glat forms demonstrate vot st a movement in
corgorate wethods, Wut abo a shit in consumer interaction and wrawket dyramics, These glatforns represent
A collaborative ecology in which entrepreneurial efforts tive, customer veeVivements Gre Seed in a vawiety
oF ways, ded innovation tneves. Ae theee models Cuolve, they eeresent not only a SE in corgoeate Steateqy,
lout also 0 worment to the Phiiggin@s ever-Ovelving entrOereneurial Spit, which fU2I5 economic: growth Ard
wnnovartion