John Battelle writes in his piece, “The Transparent (Shopping) Society”:
First, the entire UPC system, which I must admit I do not fully grok, must be made open and available as a web service. Second, merchants must be compelled to make their inventory open and available to web services. Third, mobile device makers must install readers in their phones, essentially turning phones into magic gateways between the physical world and the virtual world of web-based information. And fourth, providers like Google must create applications that tie it all together.
https://commerce.net/mindystaging/wp-content/uploads/2021/09/commercenet-logo-1.png00amshttps://commerce.net/mindystaging/wp-content/uploads/2021/09/commercenet-logo-1.pngams2004-11-09 10:32:172004-11-09 10:32:17Great Oneliner From a Schmidt Talk
We welcome Joyce to CommerceNet Labs; in the coming months, she’ll be working with us on projects such as zClassifieds and declassifieds and other fun things to do with ad networks…
https://commerce.net/mindystaging/wp-content/uploads/2021/09/commercenet-logo-1.png00amshttps://commerce.net/mindystaging/wp-content/uploads/2021/09/commercenet-logo-1.pngams2004-11-08 11:19:022012-03-26 17:01:09Troutgirl In Da House
An estimated half-million people make a full- or part-time living by auctioning everything from macrame to Maseratis on the Internet. In the online auction world, they are called power sellers, and they have succeeded by researching consumer trends, finding reliable sources for goods and not sparing the bubble wrap.
eBay, of course, is not the only game in town, though it is clearly the largest and most popular Internet auction site. [eBay] has 114 million users, far more than competitors like Ubid.com, Bidville.com and ePier, as well as the auction sections of Amazon.com, Yahoo and Overstock.com.
Note that not all of the half million people making a living with Internet auctions use eBay, though it’s likely that most of them do. The long tail of ecommerce, though in some ways decentralized, still heavily relies on eBay when it comes to Internet auctions.
https://commerce.net/mindystaging/wp-content/uploads/2021/09/commercenet-logo-1.png00amshttps://commerce.net/mindystaging/wp-content/uploads/2021/09/commercenet-logo-1.pngams2004-11-02 14:49:482012-03-26 17:05:46Making a Living off Internet Auctions
Dan Gillmor wrote in the 10/31/2004 SJ Mercury News:
Google will have all kinds of company in this expanding world of advertising. That will include, I would expect, many of the more traditional media companies that will see a chance to expand their advertising base beyond the equivalent of the blockbuster (expensive) model that now prevails.
The competitors will also include big companies that have already shown an appreciation of Net-based economics. Microsoft, Yahoo, eBay and at least a few others will certainly be among them.
Google will also find competitors, small ones, out at the edges. And some of those will be new entrants that are figuring out ways to create targeted advertising without massively centralized infrastructures. The principles of peer-to-peer file-sharing will come to the ad marketplace, too.
Google is unquestionably positioning itself in a smart way. The critical mass it’s creating may even prove unbeatable, or turn into a new kind of monopoly that sucks up an astonishing portion of all advertising dollars into its corporate coffers. (That would be a dangerous dominance if it happened.)
Today, eBay, online classified-ad sites and traditional media are the marketplace of choice for the single-item seller. Ultimately, Google and others could even go after that market.
How many dollars (and euros, yen, pesos, renmimbi, etc.) will there turn out to be in the low-end advertising market? It’s a big, big number.
Google may not own it. But it’s going to get a share, a large one. I wouldn’t touch the company’s stock at today’s prices, but there’s plenty of room for growth in its primary revenue base. Nothing grows to the moon, as the saying goes, but there’s a fair amount of sky left.
A month ago we gave the name declassifieds to the concept of decentralizing ads. Now we give the name zClassifieds to an internal CommerceNet project to work on “targeted advertising without massively centralized infrastructures”. Will post more as we learn more.
UPC + Inventory + Mobile + Search
CommerceJohn Battelle writes in his piece, “The Transparent (Shopping) Society”:
Ross Stapleton-Gray addresses these points in the comments section, and a lively discussion ensues, including Sergei Burkov of Dulance, which just announced an RSS comparison shopping application.
Great Oneliner From a Schmidt Talk
Decentralizationkwc blog: Forum: Google:
Troutgirl In Da House
DecentralizationWe welcome Joyce to CommerceNet Labs; in the coming months, she’ll be working with us on projects such as zClassifieds and declassifieds and other fun things to do with ad networks…
Making a Living off Internet Auctions
CommerceNew York Times has two interesting statistics:
Note that not all of the half million people making a living with Internet auctions use eBay, though it’s likely that most of them do. The long tail of ecommerce, though in some ways decentralized, still heavily relies on eBay when it comes to Internet auctions.
zClassifieds
DecentralizationDan Gillmor wrote in the 10/31/2004 SJ Mercury News:
A month ago we gave the name declassifieds to the concept of decentralizing ads. Now we give the name zClassifieds to an internal CommerceNet project to work on “targeted advertising without massively centralized infrastructures”. Will post more as we learn more.