Consulting
Our aim is to apply concepts defined as fundamental building blocks of economic behavior in networks for online platforms and marketplaces.
Consulting for online marketplaces.
The nature of all economic activity in networks is about platforms. Platform is the vehicle that brings the two groups with an interest together being it advertiser and consumer or seller and buyer. Our consulting services help you to understand the roles each participant in the network of your interest does have. We can visualize the nature of interactions, estimate behavioral parameters and create optimization rules for pricing of your services. In short we help you to monetize your network service in online or real-life business.
If you are interested in the above topics, some more literature is available on this page.
What do we mean by marketplaces?
Marketplaces on the web are sites where users can find each other - whatever they are looking for or offering. The difference to for example e-commerce sites can be best explained by the two modes of operation by Amazon. Amazon started by selling products by itself, but introduced later Amazon Webshops where affiliated sellers can connect to buyers on the site. The first mode of operation is e-commerce, the second a marketplace run by Amazon. With the global reach of the Internet, niche marketplaces that could not have attracted enough customers before have become possible. Many new web startups are platforms or marketplaces where people can meet and match their needs.
While there is a plethora of e-commerce platforms available for building e-commerce site, there are virtually no platforms in addition to VerticeTree marketplace that offer an easy and affordable way to start up a marketplace. Our first implementation of the VerticeTree marketplace platform is Beeyoot.com. Beeyoot is the first "for sale by owner" property portal in the United Arab Emirates.
How do we work together?
Our philosophy with ventures is that the business is done by the people who know the business best, who have contacts to the customers and the ability to attract a critical mass of early adopters. VerticeTree partners with these entrepreneurs by providing the technology and related business advice. We are constantly looking for new entrepreneurs with an interest in online marketplaces.
Listen to excerpts of a radio interview of Beeyoot.com Managing Director Hashim Ahmed on his business and how we work with our partners.