Inefficient Buyer-seller: Digital Marketplace
We would like to speak with multiple experts and understand their insights on “inefficient buyer-seller markets” that would be ripe for the creation of digital marketplace platforms. Moreover, inefficient buyer-seller markets are those where there are challenges for buyers and sellers to discover, trust, communicate, and transact commercial transactions with each other, as well as other sources of friction, including the presence of brokers and agents. There may be the presence of a digital marketplace platform in an inefficient buyer-seller market, however these platforms tend to be very dated with limited functionality. Inefficient buyer-seller markets that could support a digital marketplace platform must have and/or will not have the following characteristics: a. An active market where commercial transactions are occurring, of a size greater than $500m b. High fragmentation of buyers and sellers (i.E., high number of both buyers and sellers) c. High average order value and/or high frequency of transactions d. No existing, well-funded, newly launched (2018+) digital marketplace platforms e. Preferably non-monogamous relationships, where buyers and sellers tend to “play the field” (vs. Having one monogamous long-term relationship). Note: this is a “nice to have”. F. High concentration of buyers and/or sellers g. An active market that does not have commercial transactions (i.E., no money is exchanged) h. Existing, well-funded, updated digital marketplace platforms this is for 30 mins paid phone consultation. To show your relevance in this space, please answer the questions below: 1. Is it challenging for buyers to find sellers, and sellers to find buyers? 2. Are there mediators/brokers/agents that are currently facilitating commercial transactions between buyers and sellers? 3. Is it challenging for buyers to trust sellers, and sellers to trust buyers? 4. Are buyers looking for more personalized experiences? 5. Are sellers trying to specialize in niches? 6. Would a digital marketplace platform make it easier for smaller sellers to enter the market? **please note that we are only interested in your personal point of view and are not seeking confidential information. Referrals are highly appreciated**
Steven |Director Strategic Accounts – Cardiac an
I would be interested and have extensive knowledge in this space. ...
2.9 Hours LaterYura |CEO
Happy to help. What are the terms? thanks, YR...
3 Hours LaterMike |CEO
I'm interested in this opportunity....
4 Hours Later