Online E Commerce Quotes

e-Commerce makes it easy to spend money. Netiquette makes you aware hidden fees. NetworkEtiquette.net

you’re good enough, you’re smart enough…and doggone it, people like you.

Google prefers a site that’s dynamic and frequently updated.  This doesn’t mean that every page needs to change every day, but the addition and modification of content on the pages can enhance the experience for your customers and the search engines.

this change has been a conscious choice, the result of a systematic effort on the part of a privileged few. The early rush to turn commerce into e-commerce quickly led to a bubble, and then, just after the turn of the millennium, to a collapse. After that, companies realized that people who went online were far less interested in spending than in sharing, and that the human connection the Internet made possible could be monetized. If most of what people wanted to do online was to be able to tell their family, friends, and strangers what they were up to, and to be told what their family, friends, and strangers were up to in return, then all companies had to do was figure out how to put themselves in the middle of those social exchanges and turn them into profit. This was the beginning of surveillance capitalism, and the end of the Internet as I knew it.

Every year or so I like to take a step back and look at a few key advertising, marketing, and media facts just to gauge how far removed from reality we advertising experts have gotten. These data represent the latest numbers I could find. I have listed the sources below. So here we go -- 10 facts, direct from the real world: E-commerce in 2014 accounted for 6.5 percent of total retail sales. 96% of video viewing is currently done on a television. 4% is done on a web device. In Europe and the US, people would not care if 92% of brands disappeared. The rate of engagement among a brand's fans with a Facebook post is 7 in 10,000. For Twitter it is 3 in 10,000. Fewer than one standard banner ad in a thousand is clicked on. Over half the display ads paid for by marketers are unviewable. Less than 1% of retail buying is done on a mobile device. Only 44% of traffic on the web is human. One bot-net can generate 1 billion fraudulent digital ad impressions a day. Half of all U.S online advertising - $10 billion a year - may be lost to fraud. As regular readers know, one of our favorite sayings around The Ad Contrarian Social Club is a quote from Noble Prize winning physicist Richard Feynman, who wonderfully declared that “Science is the belief in the ignorance of experts.” I think these facts do a pretty good job of vindicating Feynman.

a young Goldman Sachs banker named Joseph Park was sitting in his apartment, frustrated at the effort required to get access to entertainment. Why should he trek all the way to Blockbuster to rent a movie? He should just be able to open a website, pick out a movie, and have it delivered to his door. Despite raising around $250 million, Kozmo, the company Park founded, went bankrupt in 2001. His biggest mistake was making a brash promise for one-hour delivery of virtually anything, and investing in building national operations to support growth that never happened. One study of over three thousand startups indicates that roughly three out of every four fail because of premature scaling—making investments that the market isn’t yet ready to support. Had Park proceeded more slowly, he might have noticed that with the current technology available, one-hour delivery was an impractical and low-margin business. There was, however, a tremendous demand for online movie rentals. Netflix was just then getting off the ground, and Kozmo might have been able to compete in the area of mail-order rentals and then online movie streaming. Later, he might have been able to capitalize on technological changes that made it possible for Instacart to build a logistics operation that made one-hour grocery delivery scalable and profitable. Since the market is more defined when settlers enter, they can focus on providing superior quality instead of deliberating about what to offer in the first place. “Wouldn’t you rather be second or third and see how the guy in first did, and then . . . improve it?” Malcolm Gladwell asked in an interview. “When ideas get really complicated, and when the world gets complicated, it’s foolish to think the person who’s first can work it all out,” Gladwell remarked. “Most good things, it takes a long time to figure them out.”* Second, there’s reason to believe that the kinds of people who choose to be late movers may be better suited to succeed. Risk seekers are drawn to being first, and they’re prone to making impulsive decisions. Meanwhile, more risk-averse entrepreneurs watch from the sidelines, waiting for the right opportunity and balancing their risk portfolios before entering. In a study of software startups, strategy researchers Elizabeth Pontikes and William Barnett find that when entrepreneurs rush to follow the crowd into hyped markets, their startups are less likely to survive and grow. When entrepreneurs wait for the market to cool down, they have higher odds of success: “Nonconformists . . . that buck the trend are most likely to stay in the market, receive funding, and ultimately go public.” Third, along with being less recklessly ambitious, settlers can improve upon competitors’ technology to make products better. When you’re the first to market, you have to make all the mistakes yourself. Meanwhile, settlers can watch and learn from your errors. “Moving first is a tactic, not a goal,” Peter Thiel writes in Zero to One; “being the first mover doesn’t do you any good if someone else comes along and unseats you.” Fourth, whereas pioneers tend to get stuck in their early offerings, settlers can observe market changes and shifting consumer tastes and adjust accordingly. In a study of the U.S. automobile industry over nearly a century, pioneers had lower survival rates because they struggled to establish legitimacy, developed routines that didn’t fit the market, and became obsolete as consumer needs clarified. Settlers also have the luxury of waiting for the market to be ready. When Warby Parker launched, e-commerce companies had been thriving for more than a decade, though other companies had tried selling glasses online with little success. “There’s no way it would have worked before,” Neil Blumenthal tells me. “We had to wait for Amazon, Zappos, and Blue Nile to get people comfortable buying products they typically wouldn’t order online.

Give us an idea of…” Noya Baram rubs her temples. “Oh, well.” Augie begins to stroll around again. “The examples are limitless. Small examples: elevators stop working. Grocery-store scanners. Train and bus passes. Televisions. Phones. Radios. Traffic lights. Credit-card scanners. Home alarm systems. Laptop computers will lose all their software, all files, everything erased. Your computer will be nothing but a keyboard and a blank screen. “Electricity would be severely compromised. Which means refrigerators. In some cases, heat. Water—well, we have already seen the effect on water-purification plants. Clean water in America will quickly become a scarcity. “That means health problems on a massive scale. Who will care for the sick? Hospitals? Will they have the necessary resources to treat you? Surgical operations these days are highly computerized. And they will not have access to any of your prior medical records online. “For that matter, will they treat you at all? Do you have health insurance? Says who? A card in your pocket? They won’t be able to look you up and confirm it. Nor will they be able to seek reimbursement from the insurer. And even if they could get in contact with the insurance company, the insurance company won’t know whether you’re its customer. Does it have handwritten lists of its policyholders? No. It’s all on computers. Computers that have been erased. Will the hospitals work for free? “No websites, of course. No e-commerce. Conveyor belts. Sophisticated machinery inside manufacturing plants. Payroll records. “Planes will be grounded. Even trains may not operate in most places. Cars, at least any built since, oh, 2010 or so, will be affected. “Legal records. Welfare records. Law enforcement databases. The ability of local police to identify criminals, to coordinate with other states and the federal government through databases—no more. “Bank records. You think you have ten thousand dollars in your savings account? Fifty thousand dollars in a retirement account? You think you have a pension that allows you to receive a fixed payment every month?” He shakes his head. “Not if computer files and their backups are erased. Do banks have a large wad of cash, wrapped in a rubber band with your name on it, sitting in a vault somewhere? Of course not. It’s all data.” “Mother of God,” says Chancellor Richter, wiping his face with a handkerchief.

The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man.” George Bernard Shaw On a cool fall evening in 2008, four students set out to revolutionize an industry. Buried in loans, they had lost and broken eyeglasses and were outraged at how much it cost to replace them. One of them had been wearing the same damaged pair for five years: He was using a paper clip to bind the frames together. Even after his prescription changed twice, he refused to pay for pricey new lenses. Luxottica, the 800-pound gorilla of the industry, controlled more than 80 percent of the eyewear market. To make glasses more affordable, the students would need to topple a giant. Having recently watched Zappos transform footwear by selling shoes online, they wondered if they could do the same with eyewear. When they casually mentioned their idea to friends, time and again they were blasted with scorching criticism. No one would ever buy glasses over the internet, their friends insisted. People had to try them on first. Sure, Zappos had pulled the concept off with shoes, but there was a reason it hadn’t happened with eyewear. “If this were a good idea,” they heard repeatedly, “someone would have done it already.” None of the students had a background in e-commerce and technology, let alone in retail, fashion, or apparel. Despite being told their idea was crazy, they walked away from lucrative job offers to start a company. They would sell eyeglasses that normally cost $500 in a store for $95 online, donating a pair to someone in the developing world with every purchase. The business depended on a functioning website. Without one, it would be impossible for customers to view or buy their products. After scrambling to pull a website together, they finally managed to get it online at 4 A.M. on the day before the launch in February 2010. They called the company Warby Parker, combining the names of two characters created by the novelist Jack Kerouac, who inspired them to break free from the shackles of social pressure and embark on their adventure. They admired his rebellious spirit, infusing it into their culture. And it paid off. The students expected to sell a pair or two of glasses per day. But when GQ called them “the Netflix of eyewear,” they hit their target for the entire first year in less than a month, selling out so fast that they had to put twenty thousand customers on a waiting list. It took them nine months to stock enough inventory to meet the demand. Fast forward to 2015, when Fast Company released a list of the world’s most innovative companies. Warby Parker didn’t just make the list—they came in first. The three previous winners were creative giants Google, Nike, and Apple, all with over fifty thousand employees. Warby Parker’s scrappy startup, a new kid on the block, had a staff of just five hundred. In the span of five years, the four friends built one of the most fashionable brands on the planet and donated over a million pairs of glasses to people in need. The company cleared $100 million in annual revenues and was valued at over $1 billion. Back in 2009, one of the founders pitched the company to me, offering me the chance to invest in Warby Parker. I declined. It was the worst financial decision I’ve ever made, and I needed to understand where I went wrong.

As perception AI gets better at recognizing our faces, understanding our voices, and seeing the world around us, it will add millions of seamless points of contact between the online and offline worlds. Those nodes will be so pervasive that it no longer makes sense to think of oneself as “going online.” When you order a full meal just by speaking a sentence from your couch, are you online or offline? When your refrigerator at home tells your shopping cart at the store that you’re out of milk, are you moving through a physical world or a digital one? I call these new blended environments OMO: online-merge-offline. OMO is the next step in an evolution that already took us from pure e-commerce deliveries to O2O (online-to-offline) services.

Red Dino Sdn Bhd aims to provide e-commerce solutions to setting up marketplace accounts, managing and retaining seller's accounts, along with photography and graphic design - for ease of retailers and manufacturers to kick-start their online businesses. Using our platform - DinoSync, we integrate multiple marketplaces, website providers, point of sales system (POS), multi-warehouse and shipping management, and business analytics into a single web application.

of knowledge in these experiences that can be refined into a good niche. The jobs you’ve held or expertise you’ve developed are frequently where you’re going to be able to offer the most value. Skills learned as a professional or from a certified program in a particular industry are what give you the expertise, authority, and credibility that are inherently valuable in Internet Marketing. As far as I’m concerned, previous work experience is the best category to pick from. Also think about the courses you took in college. What training did you receive? What accreditations did you gain? What certifications did you earn? Write all of that down. You’d be surprised at what skills

When watching people use gadgets and software, we need to remember that the way they’re making use of their context is largely being determined by the structures available to them. Often, I have heard e-commerce clients complain that their customers are using the online shopping cart improperly, as a sort of wish-list, even when the site provides a separate wish-list function. Though when you look at the environment neutrally as a cluster of environmental structures, it becomes clear that Add to Cart is usually a much easier and quicker function to find and use than Add to Wish-List — the button tends to be more prominent, more available, and the “Cart” itself is always represented somewhere (normally as a concrete metaphor with a picture of a cart) regardless of where the user is shopping. Why wouldn’t the user make use of such an available, straightforward environmental structure over a less-available abstraction?

Every page on your site should have a unique page title specific to the purpose of the page.  Too ensure the text isn’t truncated in the search engine results, keep it under 60 characters.

Credibility sets the stage. Logic leads to conclusion. Emotion leads to action. Strategically balancing all three persuades conversion.

Now she volunteered to open an account in her name at Yandex Money, the largest online payment service in Russia, in order to collect donations to support the protests. The organizing committee agreed. With Romanova in charge, it meant that nobody would question where the money went, given her unblemished reputation for integrity. The money would be safe from government pressure too; any attempt to intimidate Romanova would clearly be futile. The account at Yandex Money became known as Romanova’s Purse.11 On December 20 Yandex published on Facebook a new application that facilitated crowdfunding through Facebook for Yandex Money. Previously Yandex Money had become a common way for Moscow’s middle class to carry out e-commerce online; people trusted Yandex with their credit cards and used it to make purchases. Now the crowdsourcing application took it to a new level. Protesters were quickly able to utilize a transparent way to collect money for the demonstrations, and it was all done thanks to Internet technology. Romanova was a fearless overseer. Yandex said it was pure coincidence that the new crowdsourcing app was rolled out at the same time that protesters were raising money for the next rally. The next big protest rally was scheduled for December 24 on Prospect Sakharova. Ilya Klishin renamed the main protest event page on Facebook, with the cover photo depicting a wide image of the Bolotnaya crowd and the slogan, “We Were on Bolotnaya and We Are Coming Back,” and on the side carried a picture with the words, “We Are for Fair Elections.” Organizers announced they needed 3 million rubles, about $100,000. Romanova soon collected more than 4 million rubles online and immediately posted a detailed report of how the money would be spent.

for e-commerce websites looking to integrate ODR into their services, don't hide this assurance on a page three clicks away from the homepage. The benefits won't be reaped if the notification of the availability of ODR is not announced on the top levels. Put a sidebar on the customer service page, put it in the privacy policy, or even put a little news item on the homepage. Choose the Web seals you subscribe to and display carefully. Sign up for a seal that has a broader trust-in-transactions connotation,

Alibaba reported record sales of $9.3 billion on “ Singles Day”, easily beating last year’s figure of $5.8 billion. Singles Day is by far the biggest day of the year for online retailers. Jack Ma, boss of the e-commerce giant, said that 275m packages would be shipped from orders made on November 11th. The day was originally dedicated to Chinese singletons but has recently morphed into a frenzy of consumerism.

Your website is your product and you won’t succeed unless it’s professional, pleasing and well designed.

Woody Allen said that “80% of success is just showing up.”  I’d argue that 100% of success is showing up every day

We’re in business to make money then have fun, not the other way around.

Every product under the sun is already being sold by someone. 

E-commerce e tv digitale, parte la sfida Ue dei tablet senza frontiere L’Europa vuole creare un mercato unico del web, ma finora chi ha un abbonamento per film e partite di calcio non può usarlo su smartphone e computer se si trova all’estero Marco Zatterin | 801 parole Il nemico si chiama «geoblocking» e colpisce un consumatore europeo su due. Gli appassionati di calcio, ad esempio. Succede a chi ha comprato un abbonamento per vedere le partite della squadra del cuore sul tablet, perché vuol essere sicuro di non perdere neanche un match, ovunque si trovi. Ha firmato un contratto con l’operatore nazionale e lo ha pagato con la gioia delle grandi occasioni. Poi, un giorno, decide di regalarsi un viaggio all’estero, convinto che i suoi campioni lo seguiranno. Invece no. Appena passato il confine, la sua tavoletta diventa «straniera» e il servizio inaccessibile. Inutile aver pagato, inutile arrabbiarsi. I diritti finiscono con la frontiera nazionale, sono bloccati dalla geografia. Dal «geoblocking», per l’appunto. Il danno per i consumatori «E’ un male per i consumatori e non aiuta lo sviluppo dell’industria», tuona Andrus Ansip, ex premier estone, responsabile Ue per tutto ciò che è digitale. Bruxelles vorrebbe che il mercato comunitario - dove circolano liberamente cittadini, merci e capitali - fosse un terreno di gioco senza limitazioni ingiustificate anche per il digitale. Se lo immagina come gli Usa, dove Internet e telefonia non cambiano se si è a New York o San Francisco. Da noi i navigatori del web sono 315 milioni, ma solo il 4% dell’offerta di beni e servizi è transfrontaliera. Comandano i mercati nazionali. Se così non fosse, si avrebbero 415 miliardi di affari in più. Il che conviene a tutti. Il progetto di Bruxelles La Commissione si dà cinque anni per creare un «mercato unico digitale» e riformare tutto, dagli acquisti «on line» alle telefonate. Il primo problema che si pone è quello dei diritti. Riguarda la televisione «on demand», quella che si può ordinare lì per lì col telecomando, come il calcio, «il settore più complesso da affrontare». Ogni emittente acquista i diritti della singola serie tv o di un campionato puntando a una fetta precisa di continente. Al contempo, si protegge per evitare che la regola venga violata e «geoblocca». Anche se il limite viene aggirato grazie a furbizie informatiche semplici come Anonymox che cambia la nazionalità dell’indirizzo Internet. Bruxelles propone di aprire il mercato rivedendo le regole del diritto d’autore, ferme al 2001, anno in cui la «tv on demand» era quasi fantascienza. Suggerisce di elaborare schemi in grado di attraversare le frontiere nel rispetto di creativi e produttori. Si tratta di studiare un meccanismo perché ovunque in Europa si possa accedere a qualunque contenitore digitale pagando il giusto. «Si amplia la platea e si scoraggia la pirateria», assicurano alla Commissione. Dove si ammette che il caso pesa di più per le emittenti di lingua inglese che italiana, data l’audience potenziale. Ma che, questo, non modifica l’esigenza. Il «geoblocking» riguarda molti siti commerciali. In Belgio, per esempio, è impossibile comprare un computer dal sito francese di una grande marca che ha un frutto come simbolo: si viene reindirizzati alla pagina bruxellese; la geografia blocca l’acquisto e limita la scelta. Se invece si affitta un’auto in Spagna, ci sono possibilità che - letto l’indirizzo di provenienza del contatto - la stessa vettura costi di più per un tedesco piuttosto che per uno sloveno. In questo caso, la geografia penalizza. In generale, il 52% tutte le esigenze di acquisti transfrontalieri non viene esaudito in un altro paese. «Meno clienti, meno incassi», sottolinea Ansip. Il freno all’e-commerce Lo shopping online viene frenato pure dalla posta. Il 57% dei cittadini dice che il prezzo della spedizione è la ragion per cui non comprano all’estero. Colpa del mercato che non

Amazon.com is introducing a referral service to help people to get projects and chores done around their homes. The system, called Amazon Home Services, is the e-commerce company’s latest attempt to expand its empire beyond online shopping. It was introduced on Monday across the United States after several months of testing in New York,

Last year, for example, Etsy acquired Grand St., an online seller of new electronics products. The Grommet, which is majority owned by Japanese e-commerce giant Rakuten, is another site dedicated to introducing shoppers to the latest inventions from small shops or individuals. Amazon has

Building relationships or communicating is all about providing your visitors with good, useful, reliable content, advice, information and tips and tricks, and of course, product offers mixed in.

With your conversion strategy, you need to take your site visitors by the hand from site entry to exit (with a sale) in as few steps as possible and as fast as possible, with as little resistance as possible.

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faster. As I was closing this book, Walmart announced that to upgrade its ability to compete in e-commerce with Amazon—which still does eight times Walmart’s sales online—it was buying Jet, a year-old Internet retail startup. The Economist reported on August 13, 2016, that Jet’s appeal to Walmart was its “real-time pricing algorithm, which tempts customers with lower prices if they add more items to their basket. The algorithm also identifies which of Jet’s vendors is closest to the consumer, helping to minimize shipping costs and allowing them to offer discounts. Walmart plans to integrate the software with its own.” It turns out that “under a second” was just too damned slow.

any individual can create a word class online store for less than the cost of their cable bill.

The best niche strategies incorporate products that offer a lot of opportunity for add-on or “cross selling” OR include disposable products that the customer will need again. 

SEO should never trump copywriting.  You need to write for your customers first and let SEO be a byproduct of good copywriting.  Just don’t ignore SEO.

Heading Tags or Headers The language used to build a web page is known as HTML.  It’s a markup language that tells a website browser how a web page should be displayed.  Head tags or “heading tags” are used to create headlines or bold sub-headers on a page.  Just like in a newspaper, headlines denote importance on a topic.  They may be all someone reads as they skim the page, so Google puts special emphasis on the H1-H6 tags used to create these headings.  You will want your keywords to appear in these headers in a logical, natural way to boost the on-page optimization of your site’s pages.

Home Foods Store is a leading grocery retailer that has recently launched its e-commerce platform, RudcaFood, to cater to the growing demand for online grocery shopping. The website offers a wide range of fresh produce, pantry staples, and specialty items, all sourced from trusted suppliers and farmers. With RudcaFood, customers can enjoy the convenience of shopping from home while still receiving high-quality, locally sourced food. The website features an intuitive interface, easy navigation, and secure payment options, making it simple for customers to find and purchase the products they need. Additionally, Home Foods Store is committed to sustainability and reducing its carbon footprint, so customers can feel good about their purchases and their impact on the environment. Overall, RudcaFood is a valuable resource for anyone looking to save time and support local farmers while still enjoying the convenience of online shopping.

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Digital MARKeting is MARKing your online territory.

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Make Background White White backdrops are preferred in product photography. When a person comes to your online store, they would like to see high-quality photos of products. If they see something in the background of the photos, it might distract them. White backgrounds help distinguish products. Popular eCommerce retailers like Amazon use white backgrounds for their listing photos. Our background editor allows you to convert any background into a white one and even more colors.

BEST E-COMMERCE SOLUTION FOR YOUR ONLINE BUSINESS

According to leading industry sources, 82% of smartphone shoppers conducted "near me" searches. This means that sophisticated consumers want to find local businesses. Local SEO helps businesses accomplish that. If we add eCommerce to that business' online presence, we're more likely to increase sales even further since we make it easier for consumers to make purchases. Local SEO and eCommerce when used properly, and in tandem, can be powerful for the organized and committed business owner.

We are a web design company that is dedicated to helping our clients create a strong online presence. We offer a variety of web design services. These include website creation, website hosting, and domain name registration. We can also help you with eCommerce solutions, Search Engine Optimization (SEO), and social media marketing.

Facebook Marketing Course By taking a Facebook marketing course, you can quickly create a means of income on a huge platform like Facebook. This Facebook marketing course covers a large part of digital marketing. When we talk about social media, we mean Facebook as the biggest online social media platform. Because every month on average 2.96 billion people around the world actively use Facebook and 1.3 billion people use Facebook Messenger. So think about how much of a platform you are getting for free to promote your business. Most of us don't know about Facebook's numerous features and tools, or even if we do, we don't know how to use them. Although it is unbelievable, it is true that if we learn the use of those tools, we can easily increase the sales of our website, Facebook page, or e-commerce site many times. Why learn Facebook Marketing? The interface we usually see on Facebook is only 20% of Facebook. The remaining 80 percent are in various subdomains of Facebook. In our country, no one can use 99 percent of Facebook. It cannot be said that more than 5% of the mangoes are used by the common people. And spammers can use 10 percent. So today I will discuss how to earn from Facebook by using the maximum of Facebook. In 2019, Facebook earned $40 million from Facebook ads alone, after paying content creators, bloggers, publishers, and developers. Which has doubled till now. If the calculation includes the amount Facebook pays to those who create content and make videos on Facebook, the amount would be $1 billion. Have you ever wondered why Facebook gives them so much money? The reason is propaganda. As a result of this campaign, the business expanded. That is not in the words - "propaganda is expansion"! The objective of this Facebook campaign and marketing is to increase sales. The higher the sales, the higher the profit. That's why every company now hires its own social media marketing manager to promote its business and increase sales. A social media marketing manager's salary ranges from around $500 to $3,000. In other words, Facebook has facilitated the way to do business in social media as well as to get a job. How many Types of Facebook Marketing? To know how to use Facebook's features and tools, you need to take a Facebook Marketing Course. Facebook marketing is generally of two types, namely – free Facebook marketing and paid Facebook marketing. In this case, you can do both types of courses. Facebook free and paid marketing is used according to the type of business. Free Facebook Marketing Marketing or advertising on Facebook without spending any money is called Free Facebook Marketing. Let's give an example – “You open a Facebook page for your business, then give it a nice name according to the type of work you do. Then continue to post about your products every day, as well as request your relatives and friends to like your page. Also, ask them to share your page. Give them a little flattery so that they stay by your side and help grow your page by liking-commenting-sharing, etc etc”. But you don't have to spend any money to do them. This is called Free Facebook Marketing. Paid Facebook Marketing On Facebook, those posts that we see under a post (Sponsored) are called paid Facebook marketing. Every company wants everyone to know about their products. So they use paid Facebook marketing in addition to using free Facebook promotion. It is possible to reach very selective customers by using this paid Facebook marketing. For example, "You want your product's customers to be located within the Dhaka Banani area and for both men and women, and you can also give an age limit that people between so and so age will see my ad or post". It is natural that you will not get the benefits that you can enjoy in the case of paid Facebook marketing in the case of free. This is why you need to spend money on paid Facebook marketing.

When eBay entered the Chinese market in 2002, they did so by buying the leading Chinese online auction site—not Alibaba but an eBay impersonator called EachNet. The marriage created the ultimate power couple: the top global e-commerce site and China’s number one knockoff. eBay proceeded to strip away the Chinese company’s user interface, rebuilding the site in eBay’s global product image. Company leadership brought in international managers for the new China operations, who directed all traffic through eBay’s servers back in the United States. But the new user interface didn’t match Chinese web-surfing habits, the new leadership didn’t understand Chinese domestic markets, and the trans-Pacific routing of traffic slowed page-loading times. At one point an earthquake under the Pacific Ocean severed key cables and knocked the site offline for a few days. Meanwhile, Alibaba founder Jack Ma was busy copying eBay’s core functions and adapting the business model to Chinese realities. He began by creating an auction-style platform, Taobao, to directly compete with eBay’s core business. From there, Ma’s team continually tweaked Taobao’s functions and tacked on features to meet unique Chinese needs. His strongest localization plays were in payment and revenue models. To overcome a deficit of user trust in online purchases, Ma created Alipay, a payment tool that would hold money from purchases in escrow until the buyer confirmed the receipt of goods. Taobao also added instant messaging functions to allow buyers and sellers to communicate on the platform in real time. These business innovations helped Taobao claw away market share from eBay, whose global product mentality and deep centralization of decision-making power in Silicon Valley made it slow to react and add features. But Ma’s greatest weapon was his deployment of a “freemium” revenue model, the practice of keeping basic functions free while charging for premium services. At the time, eBay charged sellers a fee just to list their products, another fee when the products were sold, and a final fee if eBay-owned PayPal was used for payment. Conventional wisdom held that auction sites or e-commerce marketplace sites needed to do this in order to guarantee steady revenue streams.

Other niches inside of the marketing submarket could be marketing through e-commerce, Amazon, dropshipping, SEO, PPC (pay per click), Facebook Ads, or online courses.

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