WHY DO CREDIT CARDS ALLOW YOU TO CHARGE OVER YOUR CREDIT LIMIT
The creation of platform provided the means to create the invisible continent. “The emergence of a new array of platforms is most significant, therefore, because it changes the constraints on companies”; “platforms thrive by being open to all partners”; “customers drove open platforms”, “platforms open up avenues of commerce”; “40% of the $800 billion by consumers using credit cards will shift online by 2005”; and “customers want reliable neutral and unbiased platforms”. Platforms act as a one stop shopping port. Unreliability does not stop the purchase of products, as long as, the site is trustworthy. Platforms seek oligopoly; platforms give clout and bargain discounts; “no platform hegemony is guaranteed”; “once a platform reaches status of oligopoly, it will probably not have many competitors”; “the most popular platforms support the largest number of other products”; “it is always easy to identify the most popular platforms by the crowds they attract”; and “your better off on concentrating on niches in your category”.[Learn More ...]
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