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Business & Information Systems Engineering

, Volume 60, Issue 2, pp 167–173 | Cite as

Platform Launch Strategies

  • Christian Stummer
  • Dennis KundischEmail author
  • Reinhold Decker
Catchword

Multi-sided Platforms and the Chicken-and-Egg Dilemma

Today, digital platforms mediating between independent groups of users account for a total market value of about US-$4.3 trillion and an employment base of several million direct and indirect employees (Evans and Gawer 2016). A multi-sided platform (MSP) – in the literature also referred to as two-sided platform, two-sided market, or multi-sided market – constitutes a market that enables interaction between at least two sets of users through an intermediary, where the decisions of each group of users on either side of the market affects the outcomes of the users on the other side(s) (Rochet and Tirole 2004; Rysman 2009; Hagiu and Wright 2015). MSPs have impressively demonstrated their disruptive potential in well-established global industries. Airbnb, for instance, leads the CNBC disruptor 50 list (CNBC 2017) and, with a market valuation of US-$31 billion, comes second after the Marriott group in the lodging industry (Bensinger 2017...

Keywords

Multi-sided platform Two-sided market Launch strategy Network effect Chicken-and-egg dilemma Mutual baiting problem 

Notes

Acknowledgements

We sincerely thank Wilhelm Klat for his contribution to an earlier version of this paper. This work was partially supported by the German Research Foundation (DFG) as part of the Collaborative Research Centre “On-The-Fly Computing” (SFB 901).

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Copyright information

© Springer Fachmedien Wiesbaden GmbH, part of Springer Nature 2018

Authors and Affiliations

  • Christian Stummer
    • 1
  • Dennis Kundisch
    • 2
    Email author
  • Reinhold Decker
    • 3
  1. 1.Fakultät für Wirtschaftswissenschaften, Lehrstuhl für Betriebswirtschaftslehre, insb. Innovations- und TechnologiemanagementUniversität BielefeldBielefeldGermany
  2. 2.Lehrstuhl für Wirtschaftsinformatik, insb. Digitale Märkte, Department Wirtschaftsinformatik, Fakultät für WirtschaftswissenschaftenUniversität PaderbornPaderbornGermany
  3. 3.Fakultät für Wirtschaftswissenschaften, Lehrstuhl für Betriebswirtschaftslehre, insb. MarketingUniversität BielefeldBielefeldGermany

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