Archives for posts with tag: venture capital

Why is commerce such a problem in Facebook and other social environments?

You would think it be a great place to further connection between buyer and seller. With all the tracking, harvesting and data these retain about the user, it is surprising to know they and others like, experience such difficulty monetizing what simply has occurred for thousands of years.

Researching commerce for the last eight years has been long, laborious and difficult to fully assimilate the rapidly changing landscape. Observing it’s progression to what it is today, could have been predicted if I would have known what is certain now.

Sustainable commerce has and most always will take place in a marketplace environment. While the marketplace may take many shapes, it remains a place where things are offered and acquired. Its important this very simple and sometime eloquent occurrence remain uninterrupted to flourish. Mindful civic leaders know this lesson well while attending to community infrastructure. Those communities in decline, fail in their stewardship somewhere along the way.

This may be similar to where commerce upon the internet is today. We have so very many interesting offerings from which to choose, many positioned to attract traffic hoping to monetize in one form or another. This is where I will draw the (general) lines in the sand.

Internet Commerce has but a few successful offerings:

1)  Marketplace and like services receiving revenue from the sale of product offerings.

                                          

2)  Attractions receiving revenue via marketing scheme’s leveraged to benefit from considerable user traffic.

Now some are quite successful, who could argue with 1) the Amazons, eBays and Walmarts of the retail cyberspace, and 2) Googles, Facebooks, Twitters and Pinterests of the search and social space.

So how could a basic observation go so unnoticed?

It’s obvious that Marketing and Marketplace do not mix very well. The reasononce the consumer is in the marketplace, the usefulness of marketing is greatly diminished.

Its kind of like offering excursions to the moon to those who are already there.

The message would be late, unmemorable and quite ineffective. This is why Google makes so very much money directing traffic via its marketing, search, etc. and Amazon does so very well at facilitating sales within its marketplace. But the two very seldom (or to date) have mixed very well together, but  they work beautifully apart.

1) Place a large volume of Amazon themed marketing within all that is Google

and presto magico

2) Consumers are directed to Amazons marketplace in groves. This, from these and many others, is orchestrated for millions of Internet users daily.

So while it’s difficult to conduct a marketplace and marketing revenue model within the same environment, then it may be no wonder social commerce in Facebook and others receive limited results. These as we all know depend highly upon “all that is marketing” for revenue.

So now what, how can these adversities be overcome and still include all the attractions which retain such a large audience? Maybe it simply requires a look at what is needed to conduct commerce, and also what is not.

There are many pre and post stages of the consumers journey which marketing is a magnificent tool, and there are a few where marketing should stop and marketplace take over. Knowing where and when is a skill the enormous influence of marketing fails to deliver.

So how could commerce thrive in a social environment supporting marketing and marketplace revenue models? To me its quite clear:

1) Allow marketing to do what it does best throughout the discovery portions of the consumer journey.

2) Identify when discovery has concluded, and a more focused marketplace environment is required. At this juncture, marketing is done, detailed presentation and negotiation should ensue.

3) If the consummation is successful, marketing may once again display its importance within post sale activity.

Now at About2Buy, we are very certain as to how this will be accomplished, for our service only begins after the consumers discovery activity is done and marketplace process begins.

How an existing infrastructure as Facebook, Twitter and others will accomplish this?

When someone of influence illustrates how marketing and marketplaces possess roles serving consumers with completely different identities.

Visit our site page to sign up for the beta and further updates.

http://www.about2buy.com/

Live Well

Click to enlarge

72% of those surveyed in the US prefer personalized offers (click on image to enlarge)

Throughout the years much has been written about spaces, the gaps between. If I am here and you are there, what is between us. If that is there and this is here, what may bring them together. There is so very much which may be done with that to which resides between. Appears at times to be our primary purpose.

Much of the time concerns of what, why & how dominate. What is between, why is it, how do we remove or replace, the contemplation’s for these from those with purpose. To fill or replace that which resides is our role.

The Internet being so new and vibrant is the perfect  subject, beginning as a haven for holistic communication to what it is today. Wherever communication or a medium for exchange is present, it is certain that commerce will appear. The initial intent may have been to improved upon the connection between the many with, to those who want. But spaces need to be filled as our nature and history exhibit, for this is where opportunity resides.

The space between Seller &  Buyer may be expanding, if not how could so much within materialize. Connectors to which for a fee offer (with uncertainty) to nudge a seller in proximity of a buyer. Through limitless effort termed as marketing, advertising, lead generation, targeting and alike, this ever expanding space formed it’s barrier with a toll to pass. Now not many upon the Internet may see it in this way, be it not the 1st. time by the masses we have been so conditioned.

Now imagine the Internet as it is and a way around to it’s side. An alternative connection to every buyer and relevant seller, absent the wall, net or toll to pass. Connection as are under construction as we speak, a short path with little space for the purposeful to meet.

Sign up for our test site (beta). Go to: http://www.about2buy.com/

Noticed how systemic efforts often forget their purpose, so many examples to this. One might consider federal tax deductions of the many.  Originally, it’s most practical purpose was to award taxpayers for minimizing cost to the federal government. A way of saying “OK you saved the fed money by your actions” we’ll extend to you a discount on your membership. But of course interests beyond over many years removed this purpose. This and so very many others by example resemble the long-term aches and pains of our unionization. It all begins well, then over time through varied or less insightful guidance becomes something much less.

For our purpose, we look at commerce. What it was, what it is and what it may become, the latter has room for a more idealistic view. So in looking at the past,present and future of commerce in various capacities for over 20 years, a simple base theory remains constant and (in my opinion) will forever maintain its dominance. Commerce (for all practical purposes) is an exercise where anything of a perceived value is exchanged for anything of  perceived equal value. <= Notice the period upon the end of the sentence.

While commerce now may have become (as taxes) something else, it’s base theory is so dominant that when reintroduced becomes an undeniable force. This is the foundation of our venture, an undeniable purpose. The direct alignment of unadulterated commerce. The timing and infrastructure for (at this time of writing) is unprecedented. Coming Soon!

SIGN UP FOR OUR BETA TEST! http://www.about2buy.com/

A rare opportunity to Invest and to receive 100% exclusion on your capital gain. Ends Jan. 1, 2012.

http://www.irs.gov/businesses/small/article/0,,id=230307,00.html#2011

Sect. 2011: Temporary exclusion of 100% of gain on certain small business stock

Expanding on the provisions of Internal Revenue Code Section 1202 and the American Recovery and Reinvestment Act, the Small Business Jobs Act provides an added incentive for investment in qualified small businesses. Under this Act, investors in qualified small business stock can exclude up to 100% of the capital gain upon sale of the stock.

Under the SBJA, to claim the capital gain exclusion, the qualified small business stock must be:

  1. Acquired after September 27, 2010, and before Jan 1, 2011, and
  2. Held for at least five years before the stock is sold.

However, Section 760, Temporary Exclusion of 100% of Gain on Certain Small Business Stock, of the Tax Relief Act of 2010, extended the exclusion for qualified small business stock acquired before January 1, 2012.

Under current law, the earliest tax year for which this 100% capital gain exclusion can be claimed is 2015. Additional limitations, qualifications and requirements may apply. Capital Gains and Losses has information on reporting capital gains.

Keep About2Buy in mind as you advantage this superb opportunity.

Thanks,

Brad

Reports found 72% of us already feel like Big Brother is watching us when we get personalized recommendations on Facebook and other sites, and 56% of us say we feel “violated”. Another indicated that 89% of us haven’t bought anything on Facebook and that 44% of us aren’t interested in doing so. These are pretty damning figures for, supposedly, one of the hottest new industry trends.

Source: http://wearesocial.net/blog/2011/09/social-future-ecommerce

Of course it would be foolhardy to not include a sort of reference to how popular someone may be, especially if you are host to. To know the future of pricing and promotion, is not so difficult to imagine. The old push market system that will certainly die a slow death, possesses such low conversion rates it’s hardly worth doing. Word of mouth and individual networks are yielding higher rates.

It may not be long before one’s popularity upon the web may dictate the final price. If you scored high for influence on Klout or other rating sites, your value to a product provider is and will continue to be immense. Such high rates of influence one day may get you a host of products for free, that’s right the most popular win again.

Now to say “begin to strengthen your network” is to become the understatement of what will be the century, please hear me loud and clear. “Strengthen and broaden the reach of your online networks”. I guarantee not only from our own perspective (and offerings), but many others who influence the web as well. You will pay higher prices in the future if you do not have a sizable network to share it with.

Live free Live well

Sign up for our Beta!

http://www.about2buy.com/

Having been born into a family which facilitated buyer/seller exchanges by the hundreds of thousands, it is beyond amazing what insight is collected. Also one develops a unique but informed perspective on what could be skillfully introduced into the commerce system.  Now before I get started, it should be made clear that we through our venture are not out to eliminate jobs in marketing, advertising, lead generation and all that is associated. To the contrary we feel that if our methods are embraced and this hybrid industry takes hold, we strongly feel employment will increase substantially. The opportunities and employment will just look a little different.

Now while humanity proves time and again, the nearest and most efficient path is not always the best one. Over the last century there are all kinds of inventions that  made more sense on paper than the real world was ready for. So how does one know something is going to work and is right for it’s time? Plenty a theory has tackled just this for a very long time, the educated guess is as far as it goes.

So to know where we are to arrive must be propelled by something, the why to our madness. You see every idea has that which empowers, a moment possessing sufficient energy to propel beyond. Ours from that moment has been in the works for some time now, a tribute to all who brought forth the lessons of commerce over many generations to where we are now.

The energy to propel was created by many thoughts and concerns, poor stewardship of the commerce system is one. Lack of attention to true service by the investment banking industry and many portions of our government may be the other. But more-so how we as a society are going through very rough times due to some outdated structures which remain in place, commerce being one of them.

So here we are, developing our well researched and superbly experienced venture into a more direct alignment of consumer and seller. The efficiencies are sound, the execution is amazing, but who will embrace it? In my opinion, all who possess the same energy that began this venture. Those who know well beyond any other time before, the recent past has not served us as well as the future is about to.

About2Buy.com, where your lead source is the consumer!

%d bloggers like this: