Question

I'm having trouble understanding a scenario with becoming a Multisided Platform. In the scenario Supplying to a Multisided Platform, it reads " you become an MSP (multisided platform) by creating an offering for your customers' customers that enhances the value of the product or service they buy from your customers." Please elaborate and provide an example.

Answer 1

First , let us know what a multusided platform .it is where a firm brings to or more sides of people and both benefited  by the existence of the platform. You can consider uber, olx etc as examples. Here they bring two or more people so that they could benefit by selling or buying the product or service. For example take the olx to explain our phrase.in the phrase "product or service they buy from your customers", the word "they "refers to the customers who make use of your platform to buy or acquire your products or services (for example the customer who buys product using olx.).the word "your customers ",here refers to "the people who are selling their products or services using your platform (eg:people who post the product which they want to sell in olx.) So explaining the whole sentence, you become an multusided platform by creating an offering for the customers (here customers refer to people who buy the product or service using your platform )and  these customers who buy your product or service using your platform will be enhancing (constantly improving)the value of products and services they buy from customers (who will be selling the product or service using your platform.)