Saturday, October 17

The Future

eBay will fail long term.
Ecommerce, Small Business, Technology, The Future

eBay will fail long term.

eBay will fail long term, and here is why. I used to be an eBay Powerseller and now I can't stand them.  Furthermore, I think that their current business strategies are destined to fail long-term. When eBay started, they embraced everyone and anyone selling products who were trying to meet the needs in the marketplace. The starting story of eBay is pretty fascinating.  Well I thought it was pretty fascinating story about how the owner started the site based on an interest in selling PEZ dispensers.  That is, until I learned later it was a completely fabricated story to help create interest in the website. Strike one. Dishonesty. If they cannot profit from it in a big way, they have very little interest. This is clear from their indications that they wil...
Is Drop-ship a Recipe for Failure?
Ecommerce, The Future

Is Drop-ship a Recipe for Failure?

 Is drop-ship a recipe for failure? This is a hot topic that I did not realize was so disputed until my concern was voiced in public about the drop shipping business model. Hundreds of people responded wanting to know why I felt personally that drop-ship is a recipe for failure without question.  Pretty strong statement by any standards and I struck a nerve. Here's why I know drop-ship business is a recipe for failure for the small business eCommerce owner.  That is, unless it is done a very specific way! Imagine this scenario:      The neighbor to the left of you shops at a drop-ship website, they receive the product only and are content. The right neighbor shops at a non-drop shipper and receives the same and coupons, brochures and a free surprise . You meet at the end of yo...
Ecommerce, Predictions, Retail, The Future

Is Traditional Retail dead and a rotting dinosaur?

 Can traditional retail really be a dead and rotting dinosaur, isn't that a bit harsh? The answer to this question is a resounding and unfortunate yes and yes it is.  Stores, chains and corporate executives would want to argue in the opposite direction and say that traditional retail is strong, but take a good look at history.  What reduced Circuit City, Tower Records and Linens and Things to a pile of steaming rubble?   Competition yes, but to a greater definition, online competition.   We are seeing behemoths like Blockbuster twist in the wind at the command of companies like Netflix, Hulu and online streaming presented by ATT's Uverse as well as other content providers.  The world is quickly turning digital and embracing the flexibility that that business model has at its core.  And su...
Technology, The Future

Apple Iphone 4S Sells out preorders at all carriers!

  Apple Iphone 4S sales sold out on their pre-orders at Verizon, AT&T and Sprint a day before the phone even went officially on sale!  The legacy of Steve Jobs remains and forging even greater paths and numbers on a product he developed and brought to the world. The Iphone 4S 16GB is no longer availalbe for pre-order utilizing the supply and demand urge by those who can't pre-order it to want it even more.  An easy prediction is to say that the Iphone sales for this new unit will be record numbers and shock the world as customers at Sprint migrate over to the new Iphone.   And it could not have come at better time for Sprint. Sprint has taken an enormous leap of faith, a college football gameday hail-mary if you will, to see if they can bounce back with the Iphone and the custome...
Predictions, Technology, The Future

Netflix stumbles but will it work?

   Netflix caught my eye years ago and had my wallet up until the two most recent changes to their business model.  Having run internet businesses since 1998, I am pretty familiar with the need to change and grow and change again dependent on the market and the customer base.  So I was not suprised when Netflix started changing their model to include different pricing or a change in pricing.  Having reviewed over 1200 movies using their service, I was dug in deep. It was wonderful watching a movie while working on a spreadsheet, database or organizing family photos and there in the corner of the screen played a movie from Netflix.  Not a being a  person who is too keen on wasting time watching tons of movies, this seemed to be a pretty justifiable way of getting away with it. And it ...