When we think about successful marketplace startups, the first names that come to our minds are Amazon, eBay, Etsy, Airbnb. They are the so-called giants of online retail. Marketplace businesses have completely changed the industry and taken it to a whole new level. But what is an online marketplace exactly? And what does it take to build a successful one? In this post, we are … [Read more...] about How To Build A Successful Marketplace Startup
Airbnb connects travelers from all over the world with local hosts. As a traveler or guest, you browse through Airbnb’s extensive catalogue of listings. Then you select a room that fits your mood. The host is paid for offering a space for resting and relaxation, much like a hotel. Except the guests get a unique, inexpensive experience that hotels can only struggle to compete … [Read more...] about SWOT Analysis of Airbnb: Is its business model flawed?