Skip to main content

Google heading towards e-commerce 3.0

InternetRetailer has a story on how "Google is heading toward capturing the next e-commerce paradigm using search to buy anything from anyone, anywhere."

From InternetRetailer:
Now that it has taken the Internet search market by storm, Google is heading toward capturing the next e-commerce paradigm—using search to buy anything from anyone, anywhere, Safa Rashtchy, senior research analyst at investment firm Piper Jaffray & Co., tells InternetRetailer.com. “Google will be a Craigslist on steroids—a very potent and dangerous challenge to where eBay wants to go,” Rashtchy says.

While eBay has brought millions into online commerce, it is still too complicated for sellers who balk at the listing process and for buyers who don’t want purchase from someone located far away, he adds.

Craigslist Inc.’s CraigsList.com has pioneered a new form of e-commerce, which Rashtchy and others call “e-commerce 3.0,” that connects consumers with sellers of products and services in local communities.

E-commerce 1.0 was defined by early efforts by dot-coms at excessive branding and advertising, but without a sustainable platform or customer base, Rashtchy says. E-commerce 2.0 debuted with the advent of Internet search, which provided the necessary connection between e-retailers and large volumes of consumers, and 3.0 will take that to a local level.

[via Emergic]

Technorati Tags:

Comments

Do you mind making your font bigger? It really hurts my eyes.

Popular posts from this blog

Startups for a stronger Resume?

When the whole web is abuzz with keywords such as Ajax, Web 2.0, Meebo and all, there is some uncertainity about how this new Internet Bubble will shape up.

Mike at Techdirt writes that some of these new startups may be only to actually stand out for the crowd and act as a strong resume.

While the complaint is that so many of these companies are built to flip rather than to be sustainable businesses, some are noticing that this process is really just a better way for some to stand out and get a job. You build a company quickly and cheaply that gets some attention, and a bigger company comes along to scoop up your company, giving you a nice "signing bonus." In effect, the purpose of these companies is to act as a strong resume to stand out from the crowd.
Technorati Tags:

Pottermania

I'll have to admit that the nature of Pottermania is beyond my comprehension capabilities! As more and more fans of all ages and countries immerse themselves in Harry’s adventures, adding fuel to the belief that Pottermania is inescapable, I am purely and simply baffled by its ability to appeal to all ages.

Bored by the inactivity prevailing in this muggle world, I began to read the first one of the series and immediately concluded that reading beyond the tenth leaf was something impossible. Undeterred, I watched the first movie. I Hated it. But with the evil-wizard becoming apple of more and more eyes with every passing moment, around the world, it could only have been something wrong with me and so I watched the second movie. And then it became so easy to establish that I loathed the Potter Kid!

Just a passing thought - "Would it be a bad idea for a Potter special appearance in Oliver Twist? The poor kid could do with some wizardry."

Gmail Chat Disabled

The fact that it happened does not surprise me but that it took so long for our network administrators to figure it out does.

And if you are wondering how do you disable Gmail's chat features on your network, you only need locking DNS lookups to chatenabled.mail.google.com, by returning 127.0.0.1.