Update from our First Mile Renewables based Social eBusiness & Social Commerce at Work

It is very interesting to see the power or Social business and commerce based networks at work. The social network based model of intermediation via communities or single networks is extremely powerful, sustainable and long term.

http://fellows.rdvp.org/gerard-rego/social-ebusiness-based-marketplaces-are-the-next-step

In my blog I wrote the following;
"Why is Social eBusiness important?
Social eBusiness represents a very important tool and platform for opportunities and industries that have the potential to Glocal (Global + Local) in nature which are characterized by;

* Demand-Supply fragmentation
* Built on microenterprises
* Based on social networks
* Have the inherent characteristics to be very large market opportunities
* Driven by intermediation
* Serve markets in the vicinity and beyond..."

Now this is being put to work on the field in a First Mile cluster and the experience is awesome. The rate of growth and sustainability of these networks is what makes intermediation or community driven business and commerce a sustainable and inherent competitive advantage. Some of the images included are models that we are implementing.

We are building out a marketplace platform that will enable all the participants throughout the demand-supply ecosystem collaborate via Social platforms, Analytics & demand-supply opportunities to create sustainable revenue and a competitive advantage.