Comment by mikeiz404
4 years ago
Is my understanding correct that: The leverage comes from lowering the seller’s switching cost to go to/add another market place by intermediating the seller/market place relationship with open-ship. That way when you release the open marketplace open-front you can get easy discoverability and a very low switching/adding cost from an existing set of sellers?
You nailed it! Existing and future marketplaces would adapt to your system, not the other way around.