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Ooh. I've never heard this term "butterfly market" before, and I might like to know more about it :D Any good links? I'd always called these kinds of business "
by thesethings 17y ago
Ooh. I've never heard this term "butterfly market" before, and I might like to know more about it :D
Any good links?
I'd always called these kinds of business "marketplaces," sites like etsy, elance, etc.
- yhnbgty 17y agoA butterfly market just means a large fuzzy cloud of potential consumers and a large fuzzy crowd of potential suppliers that come together in a little body in the middle = so the shape looks like a butterfly. Take used books, there are 1000s of used bookstores and a million readers. the stores can't all separately advertise to all the readers, so you need a common central marketplace, like amazon, to make it possible.
- thesethings 17y agoAh, cool. Thanks so much for the "picture," I get it now.