The e-commerce space is an interesting one to say the least. Being the broke startup guy I am, when I know I want a specific product I typically go to google and type in whatever it is I’m looking for. Moments later I’m taken to an aggregator of some sort where I can seamlessly find the site with the cheapest offering (with shipping included!).
This is definitely great for the consumer for a couple reasons. 1) I can find the product I desire easily and efficiently. 2) This process ultimately results in a race to the bottom for brands cutting in to their beloved margins and in some cases leveling the playing field.
The question is, if I’m a brand how do …
I have a ton of friends outside the tech scene with ideas for a startup or new business. Ideas are awesome, but let’s be honest everyone has ideas and very few actually execute on them. Along the same token, a lot of people have many ideas and don’t understand where to start. I always tell my friends before you get all excited and go buy a domain at GoDaddy, you should perform a little due diligence to see if your idea is really as viable as you think it is.
But where to start…how do I know whether this idea is worth pursuing and which one of my ideas are the best? My personal philosophy is to develop a set of …
Everywhere I look there is more and more people coming up complex business models that hinge on cooperation from tons of different actors. I don’t like this. Business models I like are scalable, rely little on the creation of new technology, and are centered around a clear value proposition to the customer.
Right now I’m really digging businesses that center upon the aggregation products/services in a cluttered market. With more and more options for products and services many businesses are finding their niche by aggregating these offerings in one easy place for consumers. Two companies that provide this service and are killing it are SeatGeek and Yipit. Seatgeek aggregates tickets from the secondary marketplace and has a recommendation algorithm that tells …