Wednesday, May 06, 2009

Magazines bites the dust

The normally upbeat Jeff Jarvis tries his hand as the prophet of doom. Whilst you can't argue with his logic - especially based on his experience (below) I can't help feeling he has missed the point. People like the magazine medium and as a result it will survive and companes will launch magazines. It remains a tough challenge, but get the model right and magazines work - now what shall we launch...

Jeff's experience: "The economics of magazine launches are simply terrifying. In 1990, I created and launched Entertainment Weekly at Time Inc and it burned through an astounding $200m before becoming profitable. No one is going to invest that kind of money again. If anybody would have, it was the privately owned and daring Condé Nast. Oh, well."

Friday, May 01, 2009

Amazon: Now One-Third Of All U.S. E-Commerce

Some readers don't seem surprised, but I find it unreal that Amazon can be accounting for 1/3 of US e-Comm. Surely there must be other retailers with online operations they make some dent on Amazon?

Doesn't this raise questions of anti-competitive behaviour, or is this where the web is still like the wild west, or is the web the ultimate in self policing, i.e if Amazon prices ceased to be competitive everyone would know anyway and move away from Amazon?

Tech Trader Daily - Barron’s Online : Amazon: Now One-Third Of All U.S. E-Commerce: "Amazon: Now One-Third Of All U.S. E-Commerce"