You'll need to learn how to avoid the long arm of the law. Government bodies like the FTC are investigating the impact industry consortia, like Covisent , will have on fair trading practices within the auto industry. In order to avoid regulatory intervention, a Net market must ensure there are no unfair advantages for buyers, sellers, or intermediaries. In order to achieve critical mass, you need to support large-scale transactional volumes between buyers and sellers. To this end, consider the global trading requirements, geographic locations of traders, and demand for comprehensive services and support from all participants.
Scale provides marketing benefits.
Sellers will see value in serving the widest array of buyers. Buyers will see value in selection and price competition. And intermediaries will be drawn to Net markets that provide the greatest reach. Large-scale Net markets, like Transora , must support the demands of more than 70 leading product companies that operate in all geographies of the globe in order to survive. Technology Finally, you need to deliver a robust technical architecture.