ARTICLE
22 November 2021

CGCSA - The Platform Economy

E
ENS
Contributor
ENS is an independent law firm with over 200 years of experience. The firm has over 600 practitioners in 14 offices on the continent, in Ghana, Mauritius, Namibia, Rwanda, South Africa, Tanzania and Uganda.
"In a product business model, firms create value by developing differentiated products for specific customer needs, and they capture value by charging money...
South Africa Strategy
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  • what is the platform economy?
  • a tale of 2 business models
  • can traditional businesses embrace platforms?
  • strategies to enter the platform economy
  • key legal issues
    • digitisation
    • digital marketing
    • employment
    • M&A and JV
    • tax and structuring
    • technology contracting and IP
    • competition
    • data privacy
    • regulatory
    • consumer protection

the platform economy

  • "In a product business model, firms create value by developing differentiated products for specific customer needs, and they capture value by charging money for those items. In a platform business model, firms create value primarily by connecting users and third parties, and they capture value by charging fees for access to the platform. Platform models bring a shift in emphasis—from meeting specific customer needs to encouraging mass-market adoption in order to maximize the number of interactions, or from product-related sources of competitive advantage (such as product differentiation) to network-related sources of competitive advantage (the network effects of connecting many users and third parties)."

- Harvard Business Review

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ARTICLE
22 November 2021

CGCSA - The Platform Economy

South Africa Strategy
Contributor
ENS is an independent law firm with over 200 years of experience. The firm has over 600 practitioners in 14 offices on the continent, in Ghana, Mauritius, Namibia, Rwanda, South Africa, Tanzania and Uganda.
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