The Tomigaia Blog

MarketBoy

Innovation is alive at MarketBoy.
I recently met with the people who founded MarketBoy, a new type of
commerce site, and was given new hope. Their office is located in the
newly reasonable Tribeca area of Manhattan, and are still in the
post-site-launch phase of their business. I think they have a
fascinating idea for a new kind of intermediary business. They have
taken the long tested ideas used in electronic financial markets and
applied them to consumer commerce on the web. Customers make bids on
products, but unlike at an auction site, there are many sellers
competing for one buyer, not just one. Also, all the products are new,
not used. There is transparency to the market, and the laws of supply
and demand should get the best price on a DVD player for both the
buyer and the seller (as you would for a stock on a stock
market). There have been many attempts to succeed at being a B2B
marketplace, and most have not flourished, but as web-consumers enter
the next phase of their education, they may want to go beyond
price-comparison shopping robots, and actually use an efficient
marketplace like MarketBoy's. I have used the site, and find it very
addictive. If you are interested in new types of e-commerce, take a
look at this site, and see what you think.