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Tactics to Solve the Chicken-Or-Egg Problem and Grow Your Marketplace

25 pointsby sajidalmost 7 years ago

2 comments

DoreenMichelealmost 7 years ago
Several of these strike me as &quot;concentrate things so your initial offering meets some minimal threshold of value to participants.&quot; I think the clearest example of what I mean by that is this:<p><i>Tactic 17: Set a time constraint. You can actually program excitement into the marketplace with the help of time constraints.<p>Examples: At launch, Tophatter only let people bid between 8-9pm PT. During this hour the marketplace felt crowded.</i><p>I wouldn&#x27;t frame it as being about <i>feeling crowded.</i> To my mind, limiting the time frame helps ensure that there is a sufficient activity level to be worthwhile for participants.
kthejoker2almost 7 years ago
Straightforward, interesting, practical, not overpromising or overbearing ... does this person not know how the modern web operates?