Google Releases Product That Actually Could Make Money
from the first-time-for-everything dept
There's a lot of talk today about Google releasing its long-awaited PayPal killer, dubbed Google Checkout. On the surface, it looks very much like the various e-wallet endeavors that launched and failed in the 90's. But the idea of not having to fill out credit card information at every online store does hold some appeal, and Google may have a shot at making it work. For one thing, their large advertising base gives them a natural group of companies to sell the service into, something the other companies never had. To exploit this, the Google is offering rebates to companies that advertise and use Checkout. This is pretty clever; it's generally hard to give discounts on auction-based ads. If they were to, say, give an across the board 10% rebate to advertisers, the price of buying ads would just jump up accordingly. But by giving a slight edge to those who use Checkout, they may create a rush among companies to sign up for it. Another way of thinking about it is that it's less of a PayPal killer than it is an Amazon killer. One of Amazon's main selling points is the convenience it offers consumers. If Checkout enables similar convenience across the web, it may reduce Amazon's appeal. So far, Google's had only minimal success with its non-search busines, but Checkout's clear revenue model and tie-in with an existing services could allow it to actually succeed.






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I'm skeptical
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All along I've very indifferent to google's offerings but I can see how everything is coming together now.
There's a difference between Passport and google. Passport was brought in an era when there was no effort to offer such integrated services. But google has now shown the way...
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Anti-trust?
But you know what? I'd probably use it.
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You must be joking with the sarcasm...
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You must be joking with your post...
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Passport is no Google
Microsoft passport came at a time when most people were still too scared to trust their credit card information to a web site. Now it's generally considered safer than using it over the phone or in person in a store.
Ebay, Amazon, stick a fork in yourselves, you're almost done. I love Google's stuff and will definitely use this one.
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Well now.
Seems like Google could make a pretty penny off this idea too. Good job Google, keeping us with some good products!
That's my two cents.
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That's true about Amazon.com
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Why don't people like Amazon?
So I was wondering, why don't you like Amazon?
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Hasn't Google forgotten its mission?
It's not that hard to improve it. For example, today I wanted to find some articles for reducing subcutaneous fat level for bodybuilders (to get that competition look). Top results by far were sites pushing weight loss products/videos/programs. None of them contained any useful information.
Now, how hard would it be for Google to add two buttons to each link returned, asking "Was this result useful? Yes/No." I could mark the BS results and presumably so could other users, telling Google not to return those links.
This is just one example. I am sure that Google's brainy employees could come up with lots of other improvements to try out. My question is, why don't they?
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Re: Hasn't Google forgotten its mission?
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Re: Hasn't Google forgotten its mission?
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Re: Hasn't Google forgotten its mission?
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Re: Re: Hasn't Google forgotten its mission?
Yuck
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Re: Hasn't Google forgotten its mission?
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Re: Hasn't Google forgotten its mission?
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Re: Hasn't Google forgotten its mission?
Do you know how many assholes out there would think it was funny by marking links bad, that are actually helpful? ( I could see competitors doing this to eachother). There are millions of searches done everyday. Do you think they can monitor this feedback on a consistant basis. Although this would be a perfect solution to create an ideal search query result, this just doesnt seem feasible.
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Re: Hasn't Google forgotten its mission?
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Google Checkout and Real Estate
Soon Realtors and For Sale By Owners will list homes for sale on Google Base and accept earnest money using Google Checkout.
Things are Changing Fast!
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RE: Hasn't Google forgotten its mission?
I was talking about the actual, non-sponsored results, which were mostly junk. I had to look through them to ascertain that they were junk. Why do other users need to do the same thing? That was my point. Google needs to keep improving their search capabilities, which they are not doing.
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Personalized Search
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RE: Hasn't Google forgotten its mission?
I maintain that Google can easily take this one step further and capture what the user thought after he/she visited the actual page. Was it indeed useful? The user did the work, read the page. Google can offer a way to capture the result then pass it on to other users. Amazon does that with reviews. They ask, "was this review helpful? (yes/no)." Why can't Google ask, "was this page useful to your query? (yes/no)."
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I still am going to laugh though when gmail profiles get stolen. And the newspaper ads, "I have been a victom of google fraud." :)
Atleast I have more faith in them than their competition.
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Just a thought:
I mean .. click fraud on textual links is one thing...
However, I'm not using my CC on google check out until it has proven itself in battle for a few.
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Re: Hasn't Google forgotten its mission?
http://www.google.com/support/jobs/bin/topic.py?loc_id=1628&dep_id=1094
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PayPal Killer??? NOT!
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Google Checkout is nothing like PayPal
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Go Google go!
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