The 5 Pillars of a Platform Business
Small Business CEO
JANUARY 13, 2018
Compared to traditional market, a platform business model capitalizes on the interaction between producers and consumers. There is no need for a business to physically produce a product that will be distributed. Rather, it makes use of the internet to facilitate exchanges, and consequently, create value. If you’re interested in jumping into the bandwagon, you need to understand the basics that make a platform business successful.
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