Evaluating market entry strategies for two-sided digital platforms under competition: A simulation approach
Haurand MD, Stummer C (2019)
In: Proceedings of the International Conference on Information Systems (ICIS). AIS eLibrary.
Konferenzbeitrag
| Veröffentlicht | Englisch
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Einrichtung
Fakultät für Wirtschaftswissenschaften > Department Management Science & Business Analytics
Fakultät für Wirtschaftswissenschaften > Lehrstuhl für BWL, insb. Innovations- und Technologiemanagement
Fakultät für Wirtschaftswissenschaften > Institut für Technologische Innovation, Marktentwicklung und Entrepreneurship
Fakultät für Wirtschaftswissenschaften > Lehrstuhl für BWL, insb. Innovations- und Technologiemanagement
Fakultät für Wirtschaftswissenschaften > Institut für Technologische Innovation, Marktentwicklung und Entrepreneurship
Abstract / Bemerkung
Implementing a proper market entry strategy is a necessity for being successful in establishing a two-sided digital platform. Following the right strategy becomes even more crucial if a competing platform is existing on the targeted market because this makes it more difficult to reach critical mass as users flock to the larger platform due to network effects. In our paper, we introduce an agent-based market simulation that can be used for evaluating alternative strategies and we illustrate its application through an example case that is parameterized with empirical data. Findings from this specific case are discussed and an outlook to further research is provided. While employing marquee users is the most promising strategy with regard to platform growth in our example, this cannot be generalized for other markets or different objectives (such as maximizing profits).
Erscheinungsjahr
2019
Titel des Konferenzbandes
Proceedings of the International Conference on Information Systems (ICIS)
Art.-Nr.
9
Konferenz
International Conference on Information Systems (ICIS 2019)
Konferenzort
Munich
Konferenzdatum
2019-12-15 – 2012-12-18
ISBN
978-0-9966831-9-7
Page URI
https://pub.uni-bielefeld.de/record/2937607
Zitieren
Haurand MD, Stummer C. Evaluating market entry strategies for two-sided digital platforms under competition: A simulation approach. In: Proceedings of the International Conference on Information Systems (ICIS). AIS eLibrary; 2019.
Haurand, M. D., & Stummer, C. (2019). Evaluating market entry strategies for two-sided digital platforms under competition: A simulation approach. Proceedings of the International Conference on Information Systems (ICIS) AIS eLibrary.
Haurand, Michelle Désirée, and Stummer, Christian. 2019. “ Evaluating market entry strategies for two-sided digital platforms under competition: A simulation approach”. In Proceedings of the International Conference on Information Systems (ICIS). AIS eLibrary: 9.
Haurand, M. D., and Stummer, C. (2019). “ Evaluating market entry strategies for two-sided digital platforms under competition: A simulation approach” in Proceedings of the International Conference on Information Systems (ICIS) (AIS eLibrary).
Haurand, M.D., & Stummer, C., 2019. Evaluating market entry strategies for two-sided digital platforms under competition: A simulation approach. In Proceedings of the International Conference on Information Systems (ICIS). AIS eLibrary.
M.D. Haurand and C. Stummer, “ Evaluating market entry strategies for two-sided digital platforms under competition: A simulation approach”, Proceedings of the International Conference on Information Systems (ICIS), AIS eLibrary, 2019.
Haurand, M.D., Stummer, C.: Evaluating market entry strategies for two-sided digital platforms under competition: A simulation approach. Proceedings of the International Conference on Information Systems (ICIS). AIS eLibrary (2019).
Haurand, Michelle Désirée, and Stummer, Christian. “ Evaluating market entry strategies for two-sided digital platforms under competition: A simulation approach”. Proceedings of the International Conference on Information Systems (ICIS). AIS eLibrary, 2019.
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