Tuesday, June 17, 2003

"China has more than 59 million online shoppers, second only to the United States, according to a January survey by the research group China Internet Network Information Center. The survey predicted that the Chinese market would grow to 86 million online shoppers by the end of the year"


1:50:44 PM    

at CBS MarketWatch: EBay vs. Google: They compete more than we know

Except:

According to recent data from ComScore, Google's site had 59 million unique visitors in the month of May. That's up 22 percent from December. EBay, meanwhile, saw slightly fewer visitors as 56.7 million unique visitors went onto EBay, up 5 percent from last December.

...

EBay bidding fee = Google listing fee
EBay listing fee = Google adword fee  (I think this is more accurate - MA)

A vendor pays EBay a listing fee and a final-value fee. Including other sundry fees, the total is roughly 7 percent for an item worth $100. In the same way, Google gets a fee for sending a prospective buyer to a seller. In time, as Google and other search engines understand consumer behavior better, Google might get a fee for matching a buyer and seller -- similar to EBay's final value fee, perhaps. It's likely that that higher fee will be reflected in the price-per-clicks.

For now, Google can at least boast that it's amassing a pretty good base of buyers.

Read More...

Interesting article (full of more of those dam war metaphors), but it seems incomplete without mentioning Froogle.

For more thoughts about how this could play out see "August 2009: How Google beat Amazon and Ebay to the Semantic Web"


10:08:22 AM    

© Copyright 2003 Micah Alpern .
Last update: 7/9/2003; 11:48:35 PM .

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