SEARCH
You are in browse mode. You must login to use MEMORY

   Log in to start


From course:

Managing a Business Strategically

» Start this Course
(Practice similar questions for free)
Question:

Chicken & eggs solution

Author: Pim Bodzinga



Answer:

- Heavily subsidize platform users early in the platform lifecycle - Waive membership fees and/or discount usage fees - Subsidize complementors’ production fees - Engage in platform-complement production - Envelop existing platform - Since the value of a platform is largely determined by user base, it can be a good strategy to endure losses for sustained periods of time


0 / 5  (0 ratings)

1 answer(s) in total