Wednesday, February 6, 2013

How Digital Merchant Marketplaces Are Enabling Hyperlocal Commerce

When we think about online marketplaces, the giants in the field (eBay, Amazon and Craigslist) immediately come to mind.  But a new crop of location-based marketplaces is now empowering consumers and small businesses alike to buy and sell products and services from one another in their own backyard.

Chicago seems to breed new players in this space: Windy City upstarts Grabio and Goshi are two prime examples. The idea behind them is simply to create fully mobile and localized applications aimed at transforming the classifieds marketplace.

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