Note: This column represents the opinions
of the writer and as such, is not purported as fact
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According to a story in the NZ Herald this morning, Telecom's e-commerce site
Ferrit has failed to fly (just like the pig).
As I mentioned in an earlier column, written just after the launch of this
decidedly lacklustre shopping site, I'm not surprised.
I noticed another e-commerce-related
press release
on the wires this week too. It's reported as an attempt by the guys behind
NewsRoom to get
into the mainstream news/shopping marketplace.
Unfortunately, I see nothing on the
NewsWire site to convince
me that it's going to fly either.
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The problem seems to be that those building these sites overlook the most
important thing: people buy because they want or need something -- not
just because it's thrust under their nose.
You can build the best-ever e-commerce site with all the bells, whistles,
attractions and features anyone could want, and it would flop -- if
it weren't stocked with the right products at the right prices.
Last night I watched the second episode of
Dragon's Den
and all the multi-millionaire venture capitalists on the programme seem
to be also smart enough to realise that just "competing" in an already
active market simply isn't enough.
Unless the people who come to these investors have something unique, distinctive,
or new -- they don't seem to get much sympathy, or money.
Now I would suggest that folks who have already earned many millions of dollars
are far more likely to know what's going to fly and what's not than are a few
middle-management guys that simply say "well this formula works for others
so why not for us?"
Quite frankly I'm a little disappointed at the lack of innovation, originality
and lateral thinking I'm seeing in the e-commerce sector of the NZ market.
Why are people like Telecom pouring huge amounts of money into creating yet another
Flying Pig -- with similarly low chances of success? Didn't Telecom learn anything
from their experiences in Australia? It's very hard (almost impossible it would seem)
to muscle-in on a market already dominated by other players unless you've got
some real competitive advantage.
Why is NewsRoom trying to go head-to-head with major news publishers who have
already got the market sewn up? Their subscription-based model appears to
be working very well for them but "free" news is a significantly different
market with some dramatically different challenges and insight required.
I wish Telecom and NewsWire all the very best but would not be putting any
of my money into their latest ventures.
Is this really the best we Kiwis can do -- copy everyone else?
Lighten Up
Time for more light-hearted levity and laughs from the wierder side of the
world wide web.
Did you know that Google-maps extends beyond humble old planet earth?
Did you also know that Google has published the closest ever view of the
moon's surface? Check out moon.google.com
and move the zoom slider to its maximum point. Prepare to be shocked!
If, after all that, you think you've got "the right stuff", then Google may
well have a job for you. You can check the vacancy out
here.
Tell us all and see what others have to say in
The Aardvark Forums
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