The document discusses how platform competition differs from traditional competition. Platform competition occurs at three levels: between platforms, platforms and their partners, and partners within a platform's ecosystem. Platforms win by owning their ecosystem, monitoring it for valuable resources, leveraging user data, acquiring companies built on their platform, monitoring adjacent areas, and having superior technological design. Some markets become "winner-take-all" where network effects drive users to a single dominant platform. Understanding platform competition is important for both platforms and participants in their ecosystems.
The new new competition - How digital platforms change competitive strategy
1. THE NEW NEW
COMPETITION
Marshall Van Alstyne | Sangeet Paul Choudary | Geoffrey G Parker
How digital platforms
transform competitive strategy
platformrevolution.com
2. Based on the book
Platform Revolution
platformrevolution.com
3. TODAY: Welcome to the platform revolution
NETWORK EFFECTS: The power of the platform
ARCHITECTURE: Designing a platform
DISRUPTION: How platforms conquer industries
LAUNCH: Launching a successful platform
MONETIZATION: Capturing the value
OPENNESS: Defining user and partner rights
GOVERNANCE: Policies to manage value creation
METRICS: Measuring what really matters
STRATEGY: How platforms change competition
POLICY: Regulating platforms
TOMORROW: The future of the platform revolution
A comprehensive and practical guide to the new platform economy
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15. American businesses in
steel and heavy machinery
took decades to overtake
once-dominant rivals in
Britain and Germany
platformrevolution.com
16. After World War Two, Japanese
upstarts required three decades
to seize leadership roles in auto
making and electronics from
industry leaders in the U.S.
platformrevolution.com
17. In contrast, Uber,
a little over 5 years old,
competes around the world
platformrevolution.com
18. Alibaba, relatively unknown in
the US before its IPO, may
pose significant threat to
Ebay and Amazon globally
platformrevolution.com
20. But the new competition
works on different rules
platformrevolution.com
21. This deck is about
the new rules!
platformrevolution.com
22. Too busy to get all the details?
Download this deck
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23. Better still,
click here to get the whole book.
All pre-orders unlock access to exclusive bonus frameworks. Details here.
24. TODAY: Welcome to the platform revolution
NETWORK EFFECTS: The power of the platform
ARCHITECTURE: Designing a platform
DISRUPTION: How platforms conquer industries
LAUNCH: Launching a successful platform
MONETIZATION: Capturing the value
OPENNESS: Defining user and partner rights
GOVERNANCE: Policies to manage value creation
METRICS: Measuring what really matters
STRATEGY: How platforms change competition
POLICY: Regulating platforms
TOMORROW: The future of the platform revolution
Learn about all aspects of the Platform Revolution
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32. DeBeers’ control of a diamond
cartel enabled it to maintain a near-
monopoly over the diamond
industry for the entire 20th century
platformrevolution.com
55. ▪ Platform against platform,
▪ Platform against partner,
▪ Partner against partner
Competition today emerges
at three different levels:
platformrevolution.com
58. TODAY: Welcome to the platform revolution
NETWORK EFFECTS: The power of the platform
ARCHITECTURE: Designing a platform
DISRUPTION: How platforms conquer industries
LAUNCH: Launching a successful platform
MONETIZATION: Capturing the value
OPENNESS: Defining user and partner rights
GOVERNANCE: Policies to manage value creation
METRICS: Measuring what really matters
STRATEGY: How platforms change competition
POLICY: Regulating platforms
TOMORROW: The future of the platform revolution
Platforms change more than just competitive strategy
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89. Monster has long reigned on
the online recruitment market
▪ But LinkedIn captured a much
richer data set
platformrevolution.com
90. LinkedIn knows more about
the profiles of professionals
▪ More importantly, LinkedIn helps recruiters
access professionals not actively looking
for a job
platformrevolution.com
102. Winner take all markets
A final note on platform competition
platformrevolution.com
103. “Being second is to be
the first of the ones
who lose.”
- Ayrton Senna
platformrevolution.com
104. A winner-take-all market
▪ A market in which specific forces conspire to
encourage users to gravitate toward one
platform and to abandon others
platformrevolution.com
106. Platforms create winner take
all through demand side
economies of scale
platformrevolution.com
107. Understanding the
dynamics of
platform competition
will be important for
those pursuing a
platform strategy as
well as those
participating in a
platform’s
ecosystem
platformrevolution.com
109. Better still,
click here to get the whole book.
All pre-orders unlock access to exclusive bonus frameworks. Details here.
110. Get your copy of the slides
Download this deck
platformrevolution.com
111. TODAY: Welcome to the platform revolution
NETWORK EFFECTS: The power of the platform
ARCHITECTURE: Designing a platform
DISRUPTION: How platforms conquer industries
LAUNCH: Launching a successful platform
MONETIZATION: Capturing the value
OPENNESS: Defining user and partner rights
GOVERNANCE: Policies to manage value creation
METRICS: Measuring what really matters
STRATEGY: How platforms change competition
POLICY: Regulating platforms
TOMORROW: The future of the platform revolution
Learn about all aspects of the Platform Revolution
CLICK TO PRE- ORDER