In an economy buyers and sellers can transact directly without intermediaries. Traditional markets are characterized by interactions between buyers and sellers. Traditional markets are those developed by local communities and traders. Organized markets for people often arise from peoples need for a place to buy everyday necessities. Market delivery has many characteristics since the transaction process is a direct interaction between buyers and sellers and not all products are sold in stores. On the other hand the advantages of traditional markets are low prices for new products and interaction between buyers and sellers. However new marketplaces and online stores have advantages such as easy access to a wide variety of products and ease of shopping.
