From Social Networks To Market Networks

What Is A Market Network?
“Marketplaces” provide transactions among multiple buyers and multiple sellers — like eBay, Etsy, Uber and LendingClub. “Networks” provide profiles that project a person’s identity, then lets them communicate in a 360-degree pattern with other people in the network. Think Facebook, Twitter and LinkedIn.

What’s unique about market networks is that they:
– Combine the main elements of both networks and marketplaces
– Use SaaS workflow software to focus action around longer-term projects, not just a quick transaction
– Promote the service provider as a differentiated individual, helping to build long-term relationships

Social Networks Were The Last 10 Years. Market Networks Will Be The Next 10.
Do you agree to this?

Comments (3)

  1. Thanks for the note Kanupriya, look forward to update you soon.

  2. Kanupriya Sindhu

    Glad to know that Sreedhar. Let us know once your product is out!

  3. Yes, I agree with this. What we are developing is something similar on these lines for a complex consumer process. This article is gives us the confidence that we are in the right direction.

Leave your thought here



» Discover all the cool products on NextBigWhat. Makers: Launch your product on NextBigWhat and reach your target audience. Submit the details here.

Recommended »

Drafted

Write better job ads, hire better talent.