Source: Strategic Decisions for Becoming a Multi-Sided Platform: A Case Study (Cia-Christine Korjus).
Multi-sided Platform has following traits:
- enabler of direct interactions between two or more distinct sides
- each sides affiliated with the platform
Affiliation: users on each side make platform specific investments that are necessary in order for them to be able to directly interact with each other.
Multi-sided platform lure at least two customer groups which differ from each other and enable cooperation between those groups.Continue reading