Chapter 2: Differences between Linear Products and Platforms

In the previous chapter, we understood the basics of a platform business model and how building the right digital platform is crucial for any platform business. The next step would be to go deeper into understanding the product management aspects of a digital platform. But before going into the weeds of platform product management, it is essential to know how digital platforms are different from traditional linear products at a fundamental level.

This chapter will cover the different stages of the product life cycle and explain the difference between traditional product management and platform product management at each stage. This chapter will cover the breadth of the product life cycle, highlighting the differences between the two approaches. The depth of each of the topics will be discussed and explored in the next chapters of the book.

In this chapter, we will see the overall difference between linear products...