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As he mentions in passing, marketplaces seem to be a good solution to both of these options. Once you reach a critical mass you potentially have a large viral e
by lionheart 14y ago
As he mentions in passing, marketplaces seem to be a good solution to both of these options. Once you reach a critical mass you potentially have a large viral effect, user lock-in, and a high lifetime value as users get used to purchasing on a regular basis.
The only trick is conquering that chicken-and-egg issue.
- bwertz 14y agoagreed - marketplaces are probably the most attractive business models once you get through the initial traction challenge