There is an open debate among economists and business leaders on why digitization leads to a near winner take-all business model. We see the dominance of one search tool in Google and Netflix over other movie providers. In decades past, it was common to have a movie theater in each community and local bakers everywhere. In other business models, especially those driven by personal relationships and locality, we have seen many scores of offerings simultaneously. In fact, achieving scale for the seller was very hard.
Amazon, Bing, Bing LinkedIn, customer, Customization, Data, Digital, Digital Disruption, Digital Followers, Digital leader, Digital Lessons, Digital Platform, Easy Button, eBay, Eonomy of Scale, Facebook, featured, Google, Instacart, Jet, LinkedIn, Lyft, media, Microsoft, Myspace, Netflix, Rocket Mortgage, Staples, Turbotax, Walmart, Youtube
Analytics, Big Data, Big Data and Analytics, Digital Strategy, Innovation
The real estate industry has gone through a massive transformation as new real estate websites such as Zillow (and Trulia now owned by Zillow, and Redfin) have brought together Big Data sets on available properties, home buyers, and home sellers. These firms have, in the process, showed us important lessons and best practices in monetizing […]
Algorithm, Analytics, Big Data, Big Data Analytics, Data Analytics, Data Capture, Data Exchange, Data Monetization, Data Product, Data Products, Digital Platform, economics, featured, Mobile, New York Real Estate, Real Estate, Zillow
