Archive for the 'Commerce' Category

The Stock Market in 100 words or less

Friday, May 25th, 2007

Someone posted this comment on Google Financial today. I wish he was my broker, he’s probably more accurate than I will ever be.

“I would expect today to be a light volume day with no huge swings either direction, or, the market could completely tank and we’ll all lose $1,000s, or the market could take a big upswing and we could make $1,000s. I predict a closing price of $112.72 based on absolutely nothing.”

The Business of Search

Tuesday, January 17th, 2006

It’s simple really, the Internet’s greatest self propagating industry (besides porn) is quite obviously the search engine. Empires have been created with the seemingly simple task of finding what other people want. The trouble is, a good Search is isn’t so simple. Mankinds greatest mindshare is now over 4 Billion pages strong and rising by the hundreds every day. Without an effective way to filter and present requested material, we’d be in the middle of mankinds greatest cluster funk. Yahoo! took an early stab and has managed to stay in the game, I remember sending people to Infoseek (now go.com) as my preferred engine in the mid to late ’90s. Once searching the present was perfected, we then set out to search the past and when that got old (sorry, couldn’t resist the pun) we started searching the Search.

Now that general web searching has been conquered our attention turns from global to local. A new breed of search engine is now on the prowl at the request of your query. Finding local restaurants, shops, and services is now driving new revenue opportunities and providing web searchers a higher level of customized, and convenient way to find things in a small geographic area. So at the prompt of a friend, the discussion began, what makes the best local search? Several have already laid down their cards: Google Local, Local.com, City Search and Zip Mouse. What I find interesting about all of the local search engines I’ve used is that they have all failed to provide me one complete request to a simple search. I’ve used a dozen different Searches with different theories of organization from hierarchical, linear, to context word searches, and they have all failed. So what was my unsolvable puzzle? I need an oil change. I’m relatively new to the city and I have no idea where I can take my car for an oil change that meets the following basic requirements (which I imagine everyone would consider relevant when looking for such services): good price, quality service, convenient location relative to me, and offering the correct products (in this case the right kind of oil). Sure I can bring up a list of services centers in my area but none contain important decision making details such as price, product brands, and the reassurance that they are proficient in servicing my unique model of vehicle.

I’m beginning to think this one case where one size will never fit all. The above engines nerver start out specifc enough so there is no hope of me ending with specifics. I need something for me. While my next door neighbor the Porsche owner will have very different needs, I need something that fits my specific brand and picky service requirements. I need a search engine that makes me feel like part of a unique club, one with reviews by others who share my strict requirements and similar automotive experiences. I want to read about the services company X offers before I bother with a phone call, I want to see additional, relevant services and products. Once I’m content that I’ve quickly found the service provider meeting my needs, I’ll gladly pony up the cash. I’d bet these businesses might just do the same to be featured on such a specific local Search.

Build it and they will come?

Life’s little conveniences - iPod Vending

Monday, January 2nd, 2006

Although I seem to travel a regular amount as of late, this travlers convience made me double-take as I was walking through a concourse in the Atlanta airport.

Thats right, you can now buy an iPod shuffle or iPod nano from a vending machine. Insert your MasterCard like a straigtend one doller bill, and *thump* your brand new iPod nano has fallen to your reach like a Snickers bar. A quick google on “zoom shop” brought this PC Mag article. The San Francisco based company seems off to a good start and is looking to expand it’s locations and products for purchase.

While I didn’t have time to play, the touch panel interface looked easy to use and the machine presented an overall high quality feel. While it’s yet another interesting direction in automated commerce, I can’t help but question two things: 1) I’m surprised Apple agreed to have it’s product re-sold in such a manner. For a company obsessed with the customer purchase experience and over all brand integrity, it seems like an uncharacteristic move. 2) Are you allowed to shake the machine if your $200 nano gets stuck like a ยข75 bag of M&Ms?

Impulse buyers beware.