Read the Beforeitsnews.com story here. Advertise at Before It's News here.
Profile image
By Points and Figures (Reporter)
Contributor profile | More stories
Story Views
Now:
Last hour:
Last 24 hours:
Total:

Does Your Marketplace Expand the Market?

% of readers think this story is Fact. Add your two cents.


There are a lot of “marketplace” technologies out there.  Marketplaces make things more transparent.  Good marketplaces show better bids and offers and help people make good decisions.  They have liquidity and a tight bid/ask spread.

However, if all a marketplace does is take something that exists online without expanding the market, it might not be sustainable.  Great marketplaces make it easy to enter and exit.  They democratize the space allowing more people to get access.  When you analyze marketplaces, the transition from “how we used to do it” to “how we are going to do it” is always interesting.

What is really interesting is “who else can do it that isn’t doing it now”.

The cool thing about marketplaces is they are sticky once they get traction.  For example, look at commodities. Is anyone ever going to wrest trading US Treasury bonds from CME?  Is anyone going to take away Cotton trading from ICE?  They have little to no chance of doing it because all the network effects accrue to those providers.  It’s difficult for one exchange to take a marketplace from another exchange without a change in regulation or a revolutionary technological change.

Building sticky marketplaces is super difficult.  It is a chicken and the egg.  Who comes first, buyers or sellers?  Who will make markets?  Do you have to pay them to take risk?  There are a lot of questions.

One thing I know is that if a market already exists, and that sort of thinking exists, it’s easier to find a c0re group of users to build off of.


Source: http://pointsandfigures.com/2017/05/07/does-your-marketplace-expand-the-market/


Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Please Help Support BeforeitsNews by trying our Natural Health Products below!


Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST


Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!

HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.

Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)

Oxy Powder - Natural Colon Cleanser!  Cleans out toxic buildup with oxygen!

Nascent Iodine - Promotes detoxification, mental focus and thyroid health.

Smart Meter Cover -  Reduces Smart Meter radiation by 96%! (See Video).

Report abuse

    Comments

    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    MOST RECENT
    Load more ...

    SignUp

    Login

    Newsletter

    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.