<<<A big market? You bet. Keenan Vision, a San Francisco-based research
firm, figures auctions quickly will play an integral role in the way people buy
and sell things in cyberspace. In a report issued last week, the firm forecasts
that 29% of Internet commerce will be auction-based by 2002 -- for that
year, online bidders will buy $129 billion of stuff, lots of that in
business-to-business transactions. >>>
From barron's article on ebay -- point here being,what do you all suppose that the future profit outlook is for companies selling commodities and used goods online? answer -- not real good -- razor thin margins -- you can in the not too distant future, probably shop anywhere you want online to get ideas -- compile your book, cd, whatever list and submit it to your msn, yahoo, seek, aol, nscp whatever shopping agent which will submit the list to a bunch of merchants who will instantaneouly bid on the order or more simply and as currently exists, just spit out the different merchants and their prices ... with much of ecommerce geared to this bidding and comparison shopping, why do you suppose that amzn will be the one store (no different from any other etailer) that can charge premium prices? without those premiums losses will be even steeper |
