August 2020
Intermediate to advanced
425 pages
11h 12m
English
Attracting indirect network effects
Two-Sided Markets facilitate interaction between two complementary groups for mutual benefit via an intermediary or a platform. For example, recruitment websites link jobseekers and recruiters, while a search engine attracts both users and advertisers (WHO?). Central to the concept are so-called ‘indirect network effects’: the more people from one group use the platform, the more attractive it becomes to people in the other group. This works in both directions (WHAT?). The main challenge in operating such a platform is to steer the two customer groups in such a ...
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