| |
| |
|
Ecommerce Information |
|
|
|
Google to Compete with PayPal?
PayPal is secure in its domination over the electronic payment industry, at least for now. Following reports that Google planned to launch a new Internet payment service (nicknamed Google Wallet), Eric Schmidt, CEO of Google, denied that Google would be directly competing with PayPal. He did, however, acknowledge that Google has plans for some type of electronic payment service. Without revealing any details, Schmidt emphasized that the Google payment service will not offer the same sort of "person to person, store-valued payments system" as PayPal provides. The Internet commerce industry was rampant with rumours of the new Google service following an e-commerce conference hosted by securities firm Piper Jaffray. Speculation that Google Wallet would encroach on PayPal territory was reinforced by the appearance of a June 20th article in the Wall Street Journal which stated that Google was planning an online payment service to compete with PayPal. PayPal is a unit of eBay and generates almost 25% of total eBay revenue. It is used by consumers for making a wide variety of Internet purchases. It allows purchasers to use their credit cards without divulging their credit card numbers to merchants. PayPal takes a percentage of each transaction and had revenues of $233.1 million in the first quarter of this year. Most of Google's revenue comes from online advertising and this expansion into online payments was seen by many in the industry as yet another example of the rivalry between the two companies. Google is a giant in Internet commerce with revenues of $3.2 billion last year. A payment service that competed directly with PayPal would be a serious blow to both PayPal and eBay. Google maintained silence about the rumours until Schmidt's comments last Tuesday. Without elaborating, he stated that Google's payment service would be an extension of its existing advertising programs. Copyright 2005 by Ross MacIver This article may be redistributed freely on the Internet or in ezines as long as the resource box and hyperlinks remain intact. Ross MacIver is the director of Best Online Content. We provide quality content for your web site and offer a full range of design and SEO services.
MORE RESOURCES: Hands-on with Amazon Haul: First impressions of the e-commerce giant's new Temu and Shein rival GeekWire JD.com Sales Accelerate But China E-Commerce Giant's Stock Falls On Mixed Q3 Investor's Business Daily Essendant Expands Digital Offering to Include Mercado Libre, Latin America's Largest Ecommerce Marketplace Yahoo Finance Mars Launches Global Agency Review, Includes Media, Ecommerce 11/13/2024 MediaPost Communications Nebraska AG files lawsuit against social media influencer alleging dropshipping, e-commerce scam WOWT Hiring ecommerce directors requires competitive salaries Digital Commerce 360 How Alibaba is fuelling e-commerce growth by enhancing shopping experiences South China Morning Post Report: AI’s role in ecommerce is only going to expand Digital Commerce 360 New Ecommerce Tools: November 14, 2024 Practical Ecommerce Essendant Expands Digital Offering to Include Mercado Libre, Latin America's Largest Ecommerce Marketplace PR Newswire Amazon questioned by US Congress over TikTok e-commerce deal South China Morning Post Black-Owned Ecommerce Platform Launches “7 Nights in Paradise” Giveaway Featuring Rihanna’s Dress Designer Shanice Taylor BlackNews.com Ecommerce earnings recap: What you missed from Office Depot, Ralph Lauren and more Digital Commerce 360 Shopify’s Q3 B2B gross merchandise value surges 145% Digital Commerce 360 VTEX reports gains in B2B and B2C ecommerce client activity Digital Commerce 360 Can Ecommerce Spur On-Demand Manufacturing? Practical Ecommerce Low Prices, Slow Deliveries: Amazon Beta Launches ‘Haul’ Ecommerce Site Retail TouchPoints Descope Announces New Capabilities to Help Online Retail Stores Deliver Frictionless, Secure CIAM GlobeNewswire eCommerce in EU Marketplaces self-paced online course in Armenian, Azerbaijani, Georgian, Romanian, and Ukrainian euneighbourseast.eu Harrods Enhances Global Ecommerce with Localized Experiences Retail TouchPoints Driving Innovation and Sustainability: Key Takeaways from the Fashion Network Ecommerce Summit 2024 WhatTheyThink eCommerce in EU Marketplaces: online course now available in Georgian euneighbourseast.eu This Week in Jacksonville: Business Edition - E-Commerce accounting best business tactics WJXT News4JAX Flexible Printing Solution for Ecommerce Packaging Logistics Business® Magazine Key Growth Drivers of Europe Ecommerce Paper Bags Future Market Insights Black Friday bots are coming—is your e-commerce site prepared? Security Boulevard Branded Low-Cost eCommerce Stores Trend Hunter Levi’s tests Alexa to help shoppers find better fits Digital Commerce 360 Mastercard brings passkeys for ecommerce payments to UAE Biometric Update The cargo arm of United Airlines takes flight with a B2B marketplace Digital Commerce 360 Newell’s Justin Swenson Joins Conair to Lead e-Commerce Growth Consumer Goods Technology Big Lots releases app to grow its rewards program Digital Commerce 360 Why the State of Stomps Is All About E-Commerce Premier Guitar NRF holiday forecast 2024: US ecommerce to grow twice as fast as total sales Digital Commerce 360 US ecommerce sales hit new highs in Q2 2024 Digital Commerce 360 U.S.: e-commerce revenue 2019-2029 Statista Gateway launches new e-commerce platform Lehigh Valley Business E-commerce sector records 12% growth in gross goods value during festive season The New Indian Express Amazon launches low-cost ecommerce service in US to challenge Temu Blue Water Healthy Living |
|
|
|
RELATED ARTICLES
Internet Merchant Accounts For Innocents Abroad If you want to sell on the internet, your need to accept credit cards. To accept credit cards, you need a merchant account, or access to one. E-marketplaces from Sellers Perspective What is an E-marketplace anyway?E-marketplace is a business to business web based venue, where buyers and sellers meet online, generate business leads and conduct business transactions. The e-marketplace features are tailored in a manner so that a large numbers of buyers and suppliers can be serviced as a community. Is It Easy to Build An E-commerce Web Site? --Online Commerce--E-Commerce website is all about selling products and services over the Internet. Amateurs may think that it is easy to build your own e-commerce system and our advice to you is to stay away from these amateurs. Looking For Free Advertising, Here It Is! There are lots of ways to advertise for free but they are time consuming so I guess technically, they are not free because your time is worth something! But if you have the time and not the money this is for you.I posed the question of "free advertising" to a few forums and they all can back the same, but with new links to check out. The Census and the E-Commerce Wave Understanding business and product sales can sometimes put me in a whirlwind. My job tends to get me involved with loads of different opportunities dealing with all sorts of product lines. Drop-Shipping - A Great Way of Making Money Online Using the Internet to sell products and services to ever increasing number of net users is a good way to start your own business. If you are not taking advantage of this great opportunity you are just missing the boat! Consider this: e-commerce, contrary to popular believe, is thriving and increasing at a double digit growth rate. Online Customer Service - The Cornerstone of a Successful Online Business Online customer service is still one of the most frequently overlooked aspects of running a successful online business. Yet, in the highly competitive world of Internet business, it could be (and should be) the one thing that sets you apart from your competition!Most Internet businesses that have a drive to succeed focus all of their time and resources on building a great site, and then trying to drive tons of traffic to that site. 10 Second Internet Person, sound familiar? Some people do not understand the Internet idea of online commerce, but then again some people do not understand themselves either. To fully understand Internet Commerce you really only need to monitor your "clicking habits" for a few days to see where you are going and what if anything you are buying. How To Stay Cutting Edge In Online Business Let's face it, there's just way too much information out there for any one individual to try to keep abreast of. And yet, if we shut ourselves off from the world, we risk building our businesses in a vacuum and suffering on the bottom line. Creating Legal Framework for E-commerce Taxation; non-tax statutes We have to make amendments in existing substantive and procedural laws to make it compactable with changing technological advancement of e-commerce?Amending Contract Act, 1872I recommend the amendments in section 3 and 4 of contract Act 1872 so as to make the compactable with section 13, 14 and 15, of the electronic transaction ordinance 2002 related with attribute of communication, acknowledgement of receipt and time and place of the communication between the parties. Either additional section should be added for acceptance device of 'electronic communication', or words be added in matter connected with electronic communication relevant section 13,14 and 15 be evoked while interpretation of section 3 and 4 of contract Act 1872. Conducting Business through B2B E-marketplaces Businesses, which are still sitting on sidelines and not doing business on the Internet, should think seriously about their position! If you are one of them, chances are there, that you have to pay dearly for your indecision as you might lose significant market share to your more proactive competitors in a very short period of time.Apart from the fact that e-commerce is growing at the rate of more than 25 percent a year, the use of online features can bring efficiency to virtually every aspect of business process, be it supply chain management or customer support management. Are You Making These E-Commerce Excuses? (part 1) A year ago, I had big plans to re-vamp my web site. I was going to publish my e-newsletter twice a month - every month, and I was going to upgrade my own e-commerce capabilities. Your Site is all Direct Marketing This may not be a popular view, but I think writing a web site is very similar to writing a piece of direct mail. I'm not talking about smash-and-grab fliers. The House Of Print.Com Publishing has always been a difficult business to promotesuccessfully, which titles by which authors to promote, which genre, will it be fiction or non-fiction? Will theysell? Will they make money, both for the publisher and for the author? So many questions which there is no definitiveanswer and so the publisher takes a chance with his moneyand his time and resources and decides on which books to publish, promote and distribute to the bookshops. He may only distribute to bookshops in his own country and if theydon't sell well enough, will not be seen by anyone else in the world. What Are The Barriers of Implementing E-Commerce Solutions What is electronic commerce?"Electronic commerce is about doing business electronically. It is based on the electronic processing and transmission of data, including text, sound and video. Two Pillars of a Successful Web Site For a web site to get close to fulfilling its potential, you need absolute clarity on two points. First, achieve clarity on what your site's core purpose is Is to provide information? Is it to complete direct sales? Is it to drive prospects to pick up the phone and call you? Is it to start a free trial? To register? The more companies I work with, especially larger ones, the more apparent it becomes to me that very few sites have absolute clarity of purpose. Projecting Your Image Whether you sell a product or merely sell time to your employer in your labor, your main product is you. You sell yourself with every move you make, every word you speak or write, every attitude you display. 10 Compelling Benefits of Having A 3rd Party Merchant Account If you have been wrestling with the idea of applying for your own 3rd party merchant account then take a look at the following compelling benefits of using a 3rd party provider to mange all of your credit card processing needs.1. 3 Powerful Concepts That Climb Marketing Mountains You have probably heard many times how you should offerfree reports. Like many of us, the idea of putting in workto give something away may have gone through youtransparent. Intranet Project - RAD or Waterfall? Building BridgesI have often used the analogy of building a bridge to explain to business colleagues the difference between Rapid Application Development (RAD) and Waterfall.Let's say that we are in the middle ages and the Mayor of Kingston-upon-Thames is evaluating whether or not to build a bridge over the river to the north side, to replace the current ferry.
|
| home | site map |
| © 2006 |