4 Matching Annotations
  1. Dec 2020
    1. When it comes to online marketplace models, your monetization strategies prevail over all odds. Your online marketplace model must be developed keeping the money-making technique in mind while the funding-flow should majorly be directed from the community you actually serve.

      When it comes to the monetization model for online marketplace, you can find plenty of ways to earn money. However, you need to ensure what types of marketplace you want to build, and which monetization strategies will fit into it.

    1. Airbnb helps travellers home-like travelling experiences by helping you rent a property. Initially, the idea was criticized and did not receive much hype as letting unknown people stay home was not a good idea at all. However, Airbnb successfully changed the dynamics of renting homes. That means the credit goes to the business model that was convincing enough for guests and hosts.

      Airbnb is a community based online marketplace, offering customers to make an arrangement for their lodging, primarily homestays, or tourism experiences.

  2. Nov 2020
    1. Some people believe that online marketplace and aggregator business models work on the same principles. However, there is a fine line between these two. Let’s first clear out those and then move forward to understand the business model of the online marketplace.

      In this article, we are going to dive deeper into the business model of marketplace businesses. But before that, let’s clear out some misconceptions around online marketplaces.