E-commerce model and platform based on the third-party
ABSTRACT:
The paper proposed a method that endogenous two-sided
network effects were proved in transaction services that the value of services
to suppliers (buyers)increases with increasing number of buyers (suppliers)
while decreases with increasing number of suppliers (buyers). Network led to
the development pace of people’s lives; promote the development of online
shopping and the rise of third-party payment platform. For more benefits, the
platform owner must aim at transaction services of staple commodities with high
price elasticity and large quantities of market supply and demand, while
reducing the marginal usage costs of buyers and suppliers with effective
measures.
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