An easy, comprehensive service like Twitpay makes more and more sense the more I think about it. For example, take Mark Cuban's "Note to Newspapers" ideas and consider that in order to pay the LA Times or whoever you could use your existing Twitpay (or PayPal) account and just zap them the $0.50 for the in-depth article you want to read, or the $1.99 for today's paper online, or even the $50 for your yearly subscription, or whatever the amount comes to. The main point of Cuban's that I completely agree with is that people use Amazon all the time because it's super easy - they have one-click payments, remember all your info, keep your queue, make recommendations, etc. The ease-of-use features that make Amazon great drive more sales than obtuse systems for payment, shipping, and all that.
I was also surprised to see that iTunes leads online marketplaces in number of active users with 100 million, compared to Amazon's 94 million and PayPal's 75 million. Do you think that if a service like Twitpay or PayPal became a more comprehensive platform for easy online transactions, it would grow its market share versus that of iTunes or Amazon? Or do you think those two existing marketplaces will instead grow their services into arenas like the one Cuban talks about?
Or a 3rd option - am I just dumb?
ReplyDeleteBy the way this would've been a great post to use our "Read More" feature on if I knew how the hell to do it. I would've preferred to go off on a bit of a tangent but didn't want to monopolize our front page.
Anyway I really think a consolidated transaction service that mimics the ease-of-use of Amazon is the way to go. Am I wrong on that?
So, we're good to go with the "read more" feature. Just use this link, and you'll be good to go...
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