Why Some Platforms Thrive and Others Don’t

Why Some Platforms Thrive and Others Don’t

Publication Date: January 01, 2019

In the digital economy, scale is no guarantee of continued success. After all, the same factors that help an online platform expand quickly–such as the low cost of adding new customers–work for challengers too. What, then, allows platforms to fight off rivals and grow profits? Their ability to manage five aspects of the networks they’re embedded in: (1) Network effects, in which users attract more users; (2) Clustering, or fragmentation into many local markets; (3) The risk of disintermediation, wherein users bypass a hub and connect directly; (4) Vulnerability to multi-homing, which happens when users form ties with two or more competing platforms; (5) Network bridging, which allows platforms to leverage users and data from one network in another network. When entrepreneurs are evaluating a digital platform business, they should look at these dynamics–and the feasibility of improving them–to get a more realistic picture of its long-term prospects.

Pages: 9

To download this product after your purchase, simply sign-in to hbr.org and visit the “Purchases” area of your account.

Educators: Register as a Premium Educator at
hbsp.harvard.edu
, plan a course, and save your students up to 50% with your academic discount.

Students: Tell your instructors about the savings at
hbsp.harvard.edu.

Note: Quantity pricing discounts will be reflected at Checkout, prior to submitting your order.

Note: Quantity pricing discounts will be reflected at Checkout, prior to submitting your order.

Note: Quantity pricing discounts will be reflected at Checkout, prior to submitting your order.

Note: Quantity pricing discounts will be reflected at Checkout, prior to submitting your order.

Note: Quantity pricing discounts will be reflected at Checkout, prior to submitting your order.

Note: Quantity pricing discounts will be reflected at Checkout, prior to submitting your order.

Note: Quantity pricing discounts will be reflected at Checkout, prior to submitting your order.

Note: Quantity pricing discounts will be reflected at Checkout, prior to submitting your order.

Note: Quantity pricing discounts will be reflected at Checkout, prior to submitting your order.

Note: Quantity pricing discounts will be reflected at Checkout, prior to submitting your order.

Note: Quantity pricing discounts will be reflected at Checkout, prior to submitting your order.

Note: Quantity pricing discounts will be reflected at Checkout, prior to submitting your order.

Note: Quantity pricing discounts will be reflected at Checkout, prior to submitting your order.

Note: Quantity pricing discounts will be reflected at Checkout, prior to submitting your order.

Note: Quantity pricing discounts will be reflected at Checkout, prior to submitting your order.

Note: Quantity pricing discounts will be reflected at Checkout, prior to submitting your order.

Note: Quantity pricing discounts will be reflected at Checkout, prior to submitting your order.

When you place your first order on HBR.org and enter your credit card information and shipping address, ‘Speed-Pay’ ordering is enabled. ‘Speed-Pay’ is a service that saves the credit card details from your most recent purchase and allows you to re-use that card for future purchases. If you click the Speed-Pay button on any product detail page, your order will be charged to the most recent credit card information attached to your account and shipped (if applicable) to the last address we have on file for you. For more details

Educators: Register as a Premium Educator at hbsp.harvard.edu, plan a course, and save your students up to 50% with your academic discount.

Students: Tell your instructors about the savings at hbsp.harvard.edu.

Note: Quantity pricing discounts will be reflected at Checkout, prior to submitting your order. If you need to make additional copies to distribute, please purchase copyright permission.

Ebook: A digital book provided in three formats (PDF, ePub, and Mobi) for the price of one. Accessible within “My Library” upon purchase.

Hardcopy, paperback, softbound, magazine: Physical copy shipped from our warehouse to your requested shipping location.

PDF: PDF digital file. Accessible within “My Library” upon purchase.

Bundle: A themed collection containing two or more items at a special savings.

Note: Some of our products are available in other languages besides English, for example a “Spanish PDF” format means you will receive a PDF in the Spanish language.

A security code is added protection against credit card fraud. It is a 3 or 4 digit number appearing on the front or back of your credit card. See examples below.

Visa and Mastercard
The security code has 3 digits and appears on the BACK of the card in the signature panel.

American Express
The Card Identification Number (CID/4DBC) is a four-digit, non-embossed (flat) number that is printed on every American Express Card.

The CID/4DBC is ALWAYS located ABOVE the embossed (raised) account number on the face of the card. In some instances, the CID/4DBC is located on the left side of the card, but is always above the account number. Some cards have a four-digit number embossed below the account number, but this is not the CID/4DBC

If you have a promotion code, please enter it below. This promotion code field is case sensitive so please type all capital letters.

This product is intended for individual use only. To learn more about volume discounts for organizations and license opportunities for consultants, contact Lindsey.Dietrich@harvardbusiness.org.

Unable to locate your subscription account #?

Click here

Why Some Platforms Thrive and Others Don’t

Research & References of Why Some Platforms Thrive and Others Don’t|A&C Accounting And Tax Services
Source

Related Post