Date post: | 30-Dec-2015 |
Category: |
Documents |
Upload: | horace-snow |
View: | 214 times |
Download: | 1 times |
Magazine
Coffee Forum
Classifieds Retail Shop
Newspaper
Shopping PlazaLibrary
University Supermarket
DonationAuctionEncyclopedia
Bank
Wallet
WholesalerPhoneRadio
Television Music Shop
DIGITIZETHEM!
Dictionary
BookstoreDiary
e-Magazine
e-Coffee Forum
e-Classifiedse-Retail Shop
e-Newspaper
e-Shopping Plazae-Library
e-Universitye-Supermarket
e-Donatione-Auction
e-Bank
e-Wallet
e-Wholesalere-Phonee-Radio
e-Television e-Music Shop
DIGITIZETHEM!e-Encyclopedia
e-Dictionary
e-Bookstoree-Diary
Dot-com Became Dot-bomb
NASDAQ Composite index peaked in March 2000 and burst before 2001* http://en.wikipedia.org/wiki/Dot-com_bubble
e-Supermarket failure• Webvan.com spent far too much on infrastructure (close to one billion USD). It went bankrupt in 2001 before it had even turned a profit.• Chowhuay.com went under construction since 2001.
What is Transaction Cost?From theory…
Fixed cost of exchange – billing, invoicing, providing receipts, and handling payments.
Search costs – buyers and sellers search for each other.Communication costs – costs of exchanging information.Information costs – gathering and providing many types
of market data.Monitoring costs – buyers and sellers place their trust in
the intermediary.
In my opinion…Transaction cost is the cost that makes our life difficult.Normally, we frequently feel that our life are not difficult.
PantipMarket.com Case Study
Seller Buyer
T1
T2T3
Classifieds MagazineT2 + T3 < T1
T4T5
PantipMarket.comT4 < T2, T5 < T3
4 Ways for Your Online Business
1. Disintermediary2. Be intermediary3. Reduce transaction
cost to compete with existing intermediary
4 Ways for Your Online Business
1. Disintermediary2. Be intermediary3. Reduce transaction
cost to compete with existing intermediary
4. Be intermediary of intermediaries
Google Acquired DoubleClickDoubleClick is a big player in display advertising.Google bought DoubleClick for $3.1 billion on April
13 (while YouTube was acquired for $1.76 billion).Google’s net profit in 2006 was $3.0 billion.DoubleClick’s annual revenue was about $300
million.One of DoubleClick’s subsidiaries is Performics, the
third rank provider of Affiliate Marketing in US.What will happen if Google try to step in Affiliate
Marketing business?