Two years ago the only way to run a prediction marketplace was to roll your own or call a vendor/consultant and have them set up software and run markets for you. It took many weeks, often months. Today with Inkling Markets it take seconds. [...]
[#1] Improve forecasting of key performance indicators
Track and raise awareness of key success metrics to identify and mitigate risk factors before it’s too late.[#2] Expose product quality problems early
Identify design and production anomalies before a product (physical or virtual) is brought to market to avoid expensive repairs and recalls.
[#3] Predict risk to your supply chain
Run a “web” of markets about the risk factors to your supply chain to predict internal and external events that would cause inefficiencies or disruptions.[#4] Foster a culture of innovation
Determine which new ideas and process improvements will have real business impact vs. the “nice to have.”
[#5] Create new interactions with users
Build a dedicated community of users around a marketplace of questions relevant to your business area and brand. [...]
