Marketplace Quote by Andrew McAfee

“Owners of premium brands can charge more for their offerings, but the owners of two-sided networks want to pay to sellers as little as…

— Andrew McAfee

“One way multi-sided platforms solve this problem is by subsidizing a Customer Segment. Though a platform operator incurs costs by serving all customer groups,…

— Alexander Osterwalder

In a two-sided market, focusing on the customer will increase a business's ability to extract value from the supply side.

— Marc Randolph

Our priority has always been to have the lowest cost so we can be comfortable with weak freight rates. A big part of having…

— Soren Skou

Demand and supply are the opposite extremes of the beam, whence depend the scales of dearness and cheapness; the price is the point of…

— Jean-Baptiste Say

People tend to be clueless about prices. Contrary to economic theory, we don't really decide between A and B by consulting our invisible price…

— William Poundstone

The supply price and the demand price should be roughly the same. You're not supposed to have two different prices. According to economists.

— Richard Thaler

There's not many businesses where someone can come in and offer to cut the price in half and somebody doesn't think about shifting. But…

— Warren Buffett

You want supply to always be full, and you use price to basically either bring more supply on or get more supply off, or…

— Travis Kalanick

You have to have a product or service that offers customers a unique advantage over the competition. Some people think it has to be…

— Cameron Johnson

“alternating price promotions between major competitors can defend their joint market share against smaller brands (or a retailer’s own brand) who have fewer loyal…

— Greg Thain

We think of prices as simply the notation of how much we must pay for things. But the price system accomplishes far more than…

— Sheldon Richman