Two-sided Internet Platforms: A Business Model Lifecycle Perspective

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Title: Two-sided Internet Platforms: A Business Model Lifecycle Perspective
Authors: Muzellec, Laurent
Ronteau, Sébastien
Lambkin, Mary
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Date: 2015
Abstract: Multi-sided platforms bring together two or more distinct but interdependent groups of customers, normally described as B2B and B2C. Two-sided platforms have proliferated rapidly with the Internet and this has led to the development of new business models to monetize innovative value propositions in online markets. This paper puts forward a model of the evolution of the marketing strategies and business models of two-sided Internet businesses. In this model, Internet intermediaries are visualized as resource integrators, involving consumers and business partners in a process of co-creation of value—an integrated, two-sided business model. An analysis of five early stage Internet ventures reveals that the business models of these Internet ventures show a clear pattern of evolution from inception to maturity, from B2C towards B2B, and ultimately to an integrated combination (B2B&C and B2C&B). This is primarily due to a shift in the relative influence of different business stakeholders, identified as change agents in the context of the business modeling of two-sided Internet platforms.
Type of material: Journal Article
Publisher: Elsevier
Copyright (published version): 2015 Elsevier
Keywords: Marketing strategyInternet business modelTwo-sided marketsValue propositionBusiness modeling
DOI: 10.1016/j.indmarman.2015.02.012
Language: en
Status of Item: Peer reviewed
Appears in Collections:Business Research Collection

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