It will have been six months this Friday since my last post and I have a new source of motivation for blogging – so “Hello World.” Over the course of the next 15 weeks I’ll be finishing my second (yes, second) master’s degree. I’m wrapping up my MBA from George Mason. As a part of my final classes, I’m doing my first official, academic study of eCommerce. The course is going to look at about a dozen companies in the online world (all still online at the writing of this post – I think…) and how they formulate their business, approach their customers, and perhaps, just perhaps make money (looking at you Twitter – yup, looking right at you). I’ve followed the best sites out there to this point, but now it’s time to put the theory behind the practice. What sticks, and what doesn’t? How did Twitter actually make money last year?!? I mean – they have like one ad…and a ton of data.
So, for the next 15 weeks, I welcome you on my official academic venture into the world of eComm. I welcome your thoughts as (nearly) every week I’ll tackle another company and see what makes them tick (or not tick), who’s running the shop (or trying to at least), and give my two-cents (it’s worth just about that) on the biz at hand. For my fellow classmates – enjoy blogging. It’s not too scary, trust me.
And for those looking for my tutorials, start-up plans, etc…they’re still here – buried in the archives.
Oh! Almost forgot. I’m planning on launching/re-launching a site in the next few months, so I’ll probably share some of the progress/saga about that.
I agree with your opinion. I like the concept and think it would be convenient by cutting down on credit cards but I would be concerned with the security of the feature as well. There would need to be some sort of pass code or something to verify prior to using the phone to make a purchase. However, the verification process then kind of defeats the purpose of being able to pay with ease and will slow things down. This might work in the long run but don’t think we are ready for it right now.