Anand Iyer, the Chief Product Officer of Threadflip, just wrote a thoughtful blog post on how to build liquidity in modern marketplaces.
In short:
- Create a managed environment
- Have an actionable rating systems
- Carefully curate content
- Have a human touch, but keep learning
- Focus on supply
- Invest in your interface, especially focusing on mobile and frictionless payment
- Provide social proof
Read the full article at: http://firstround.com/article/How-Modern-Marketplaces-Like-Uber-Airbnb-Build-Trust-to-Hit-Liquidity