Industries · Technology
Internet platforms, marketplaces, and digital advertising
How marketplaces for goods and services earn a take rate on gross merchandise value, why network effects make platforms strong, how digital advertising is priced (CPM and CPC), how super-apps in Asia and the Gulf combine rides, food, and payments, and how to crack platform cases.
Key takeaways
- A platform connects two or more groups, such as buyers and sellers, or riders and drivers, or users and advertisers.
- A marketplace makes money only if each order earns more than its variable costs, including incentives, and if there are enough orders to cover fixed costs.
- Platforms win locally. A leader in one country can lose in the next because network effects are built city by city and country by country.
- Explain the main internet business models: marketplaces, advertising, subscriptions, and super-apps
- Explain network effects and the chicken-and-egg problem of a new marketplace
- Calculate contribution per order from GMV, take rate, and incentives
- Calculate advertising revenue from users, impressions, and CPM, and return on ad spend from CPC
- Crack typical platform cases in growth, profitability, and new services
Lessons
How internet platforms, marketplaces, and digital ads work
Business models, network effects, the marketplace revenue tree, advertising basics, super-apps, and key metrics.
Platform unit economics: contribution per order and ad revenue
Work out contribution per ride, break-even volume, advertising revenue from CPM, and return on ad spend from CPC.
Internet platforms: players, super-apps, trends, regulation, and how to crack the cases
Examples of platforms by region, super-apps in Asia and the Gulf, trends from 2024 to 2026, regulation basics, and typical case prompts.
Worked cases in this module
Look it up
Key terms
- Network effects
- Economies of scale
- Switching costs
- AOV (average order value)
- CAC (customer acquisition cost)
- ARPU (average revenue per user)
- Take rate
- Gross merchandise value (GMV)
- CPM (cost per thousand impressions)
- CPC (cost per click)
- ROAS (return on ad spend)
- Super-app
- Multi-homing
- DAU/MAU ratio
- Contribution
- Contribution margin