A market

Good day steemit platform and community how have you been hope you day was good .
So today i will be talking about market and all about market.

A market is a place where we buy and sell goods; it is also a network where the business of buying and selling goods and rendition of services takes place 📊. It can also be a group of people with a particular demand or desire that a business aims with its products or services 😊.

Types of markets include:

  • Physical market 📍: This is a market where people go to buy things in person, e.g., Uduaa Akpan Andem, etc.
  • Digital market 📱: These are online platforms where we order goods, e.g., Temu, Jumia, etc.
  • Wholesale market 📦: This is where retailers buy goods in bulk quantity to sell; it can also be bought for consumption. It's all about buying goods in bulk.
  • Retail market 🛍️: This is a kind of market where sellers sell directly to final consumers, e.g., what we call provision shops.
  • Financial market 📈: This market involves the exchange of money, debt, income, and shares, e.g., Nigerian Stock Exchange.

Functions of markets include:

  • Exchange of goods and services
  • Pricing strategy
  • Allocation
  • Knowledge transfer
  • Economic development 📊

Economic functions include:

  • Economic productivity
  • Workforce expansion
  • Availability of goods
  • Community growth
  • Entrepreneurship 🚀

Usefulness of markets:

  • It enhances convenient shopping 😌
  • It helps find all varieties of goods you want 🎉
  • It supports the local economy 🇳🇬

Thanksm all for reading enjoy and make something good out of this bye see you soon

Special mentioning
@okere-blessing
@kidi40
@us-andrew

Sort:  

Upvoted! Thank you for supporting witness @jswit.

 11 hours ago 

Thank you for publishing an article in the Steem Kids & Parent community today. We have assessed your entry and we present the result of our assessment below.

CriteriaRemark
#steemexclusive
Plagiarism Free
AI Free
Bot Free
#burnsteem25-
Review Date08/01/2026

MODs Comment/Recommendation:

My dear friend thank you for sharing your views about marketing.

Remember to always share your post on Twitter. This POST LINK is a guide to that effect.