Thursday, May 24, 2007

Woot and others

Till now, most etailers are still a stretched version of brick-and-mortar format. Basically, a product inventory, a store-front, and a check-out and billing system. Most innovations are incremental like the collaborative filtering by Amazon.com. Some are just using the aggregation advantage of the Web like eBay.com (super-size garage sale).

So is there anything revolutionary model? There are actually a few of them and with the proliferation of Web 2.0 technology, we should expect more.

Woot is one of them. It is a blog-based model where one product is promoted each day. The price for the product is low. A community is formed within Woot and one can discuss, comment, and share experience about the product. This new model aggregate the buying power of buyers and at the same time allow potential users to discuss and research on the product.

There is similar ecommerce model in China called "Tuan Gou (团购)" where registered buyers formed an online community and will aggregate their buying power for a product and purchase together with a bargain price. www.beambuy.com.cn is one such online community.

Now think about it, when such online community is popular and the product category is richer, do one still need go to traditional etailer for popular product? Probably what one really need is a good comparison-shopping agent or bargain finder to search a product from one or a few of the communities who are selling it or team-buying it.

Wednesday, May 23, 2007

Shopping.com

shopping.com started as a client side plug-in application that could help consumers comparing price for product.

Initially the startup has a shaking beginning. However, soon the co-founders realized that they have to find professional management teams. As a result, the CTO of citibank was invited as the CEO.

In 2003, it changed its name from Dealtime.com to Shopping.com, the latter is bought from Alta Vista for $1 million. In the same year, it merged with epinion.com and acquired resellerratings.com.

In 2005, shopping.com was acquired by eBay but it still operates independently like half.com and paypal.com.

Tuesday, May 22, 2007

Google Product Search

The comparison-shopping service provided by Google is called Google Product Search, a name changed on April 18, 2007 from its previous Froogle (a pun on Frugal) and Froogle was launched by Google in beta version back in December 12, 2002.

Google product search mainly focus on merchandises. For the time being, it does not offer comparison-shopping on travel, insurance, and other service categories.

Google gives vendors two ways to make their product being displayed on Google Product Search. Back in 2002, when Froogle was initially launched, according to Google spokeswoman Eileen Rodriguez , “There are two ways for merchants to be included in Froogle: their sites can be visited by the Google ‘bot,’ a software program that collects Web site information, or the merchants can give Froogle a direct data feed from their sites.”

Monday, May 21, 2007

An incomplete list of shopbots

Here is a list of useful shopbots and it will be updated from time to time:

-- General merchandise --

Google Product Search; Shopping.com; PriceGrabber.com; Shopzilla.com; Yahoo Shopping; MSN Shopping;

Books, CD, Movies: AddAll.com;
Magazines: magazinepricesearch.com;
Wine: wine-searcher.com;


-- Insurance --


Auto Insurance:

Health Insurance:


-- Travel --

Big Three for airfare, car rental and hotel as well as integrated package:

Orbitz.com; Expedia.com; Travelocity.com

More innovative shopbots that could scan other shopbots:

Kayak.com; sidestep.com;


-- Health --


Friday, May 18, 2007

Hurricane Katrina and Shopbots

In the aftermath of Hurricane Katrina (Monday, August 29, 2005), grass-root efforts to help scattered family members find each other seems have nothing to do with shopbots. But it turned out the process of those volunteers in setting up websites and sifting through web sources to find and aggregate people information is the exact process of what a shopbot does.

Initially, Red Cross, Craigslist, Yahoo and Google etc. established their own sites for people to search. All kinds of non-profit organizations including university are launching their own sites to help too. To increase the chance of finding each other, people post their search ads in some or all of those sites as well as well-known public forums. It soon turned out a central list is necessary to make this searching process more efficient.

On Friday, September 2, a group of tech-savvy volunteers launched www.katrinalist.net and they used "screen scraping" to capture relevant information from as many websites as they could found and apply the search algorithm. They also authored an open source data spec for organizing the missing person's information, the PeopleFinder Interchange Format.

This step resembled the initial stage of shopbots development, when automated shopbots like BargainFinder were designed and released to automatically search and aggregate product informations from the Web.

However, they soon realized the are still a lot of information can not be processed automatically because such information were not structured at all. So in the next step on Saturday morning, they recruited more volunteers to manually data-coding the unstructured message on various sites and sift through all the missing person posts. To facilitate the process, they built a wiki site to dole out chucks of data to be parsed. As a result, by the end of the day, thousands were volunteering, and in total some three thousand are though to be contributed. Salesforce.com contributed a more robust back end server because the makeshift database was overloaded.

By Monday evening, 50,000 entries had been processed. the number eventually reached 650,000. People could enter a name, a zip code, or an address into a search tool to get an instant list of names matching their query. Over one million such searched were conducted in the immediate aftermath of the hurricane.

The next step of katrinalist.net team efforts resembled what shopbots are currently doing to collect product data - they ask online vendors to contribute the data (data-feeding), which are combined with their own efforts of screen-scraping. Actually, the majority of the data being collected by shopbots were now via data-feeding.

One of the constant theme before more than 60% of the Web pages possess semantic like structure will always be how to retrieve data efficiently. The heroic efforts of katrinalist.net team gives us a perfect example of how people could collaborate and using existing technologies for such a technical challenge.

Reference: Katrinalist.net and the Peoplefinder Project

Comparison-Shopping in China

Here are a short list of shopbots in China:

Topgou.com:
Bjia.com
Tejiawang.com
3jpk.com
smarter.com.cn
...

To get some statistics about ecommerce in China:

China Internet Network Information Center
This is one of the earliest official organization systematically collecting data on ecommerce and other Internet information in China.

Chinese ecommerce association
This is the largest ecommerce organization consortium in China.

Hello World!

After several trials, I eventually decided to use this as my official reseach notes blog.