What does it mean to supply to a multisided platform when an organization becomes a Multi-sided...

What does it mean to supply to a multisided platform when an organization becomes a Multi-sided Platform? Please provide an example.

Expert Solution

A multisided platform means a platform where various parties interact simultaneously to serve their individual perspectives or needs. Organizations like Amazon, Airbnb, Uber and many others can be classified as multisided platform.

Supply to a multisided platform refers to those activities of the partners of an organization in which demand of various unpredicted goods or services might be exist or arise. For example, Amazon gets various types of order from its global customers. To serve the purpose, it has enabled millions of sellers across the globe to fulfill the value delivery as its main purpose. Apart from this, sellers can see the feedback or get desired requirements of the buyers. In this way, multiple parties are interacting at Amazon websites. Even , to mange huge data , Amazon has setups its cloud center with the help of third party vendors who works to make its platform easier , interactive and live feedback from different stakeholders.

keosha answered 1 year ago

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