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Every marketplace deals with disintermediation: oDesk, eBay, Airbnb, CustomMade, and Etsy. This is known as disintermediation. . From Wikipedia: In economics, disintermediation is the removal of intermediaries in a supply chain: “cutting out the middleman”. . What causes disintermediation? . This is simple.
Urs Cete, the Head of Bertelsmann Digital Media Investments , notes, “If you think you can provide just money, you will be disintermediated.”. Protecting one’s reputation is incredibly important for any investor, whether independent or corporate. Entrepreneurs today expect more than just capital from their investors.
Those people will be incredibly motivated to help the company, to increase their earnings, and to invest in their online reputation. They will not care much about their online reputation, they will not drive turnaround times lower, and they will be disintermediation risks.
The current crop of Analytics tools are getting better and better at the known knowns , the process of disintermediation of the humans doing that work is only going to accelerate… And then that work will disappear. Find a reputable professor who works on topics that you are interested in, or pick a person whose papers you like or admire.
Weak marketplaces suffer from disintermediation, pricing pressure, and destructive competition. At oDesk, we started with a 50%+ take rate but quickly lowered that to 30% and then 10% as we became more self-service and also wanted to lock up the market and prevent any disintermediation. This is why productivity matters so much!
I only risk harming my reputation on the platform so I’ll stop seeking any more feedback on the system. . Also, if someone is paying a membership, there’s a good chance they’ll want to make some good connections in the marketplace, disintermediate, and then cancel the membership. .
If you are prompt in responding, it adds to your credibility and reputation. Disintermediation refers to the mindset where customers wonder whether they really need a real estate agent or not. Disintermediation marketing targets such customers to convince them of the value offered by a real estate professional.
It’s hard to recruit against a profitable enterprise with a “wow” campus, unmatched employee benefits, and a reputation that’s leagues beyond your tiny new company. Massive rivals like Google, Facebook, Apple, and Twitter are already sucking all the oxygen out of the room. Image credit: kelsey -knight-unsplash.
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