iTaggit aims to change the way people collect, organize, and enjoy their personal items and collections by providing a service to catalog collections online.
iTaggit provides an online environment for cataloguing, managing, and sharing collections of items, while preserving user and data privacy. The site features community resources, where users can connect and interact with friends, like-minded collectors, and experts. Recent upgrades include an Add Item Wizard, a Flickr-like picture uploader, an Amazon import tool, and Item Publisher.
The best way of describing iTaggit is as a personal asset management service. If you’re a hobbyist or someone who likes cataloguing collections then iTaggit will appeal; although notably this would likely be a relatively small vertical.
iTaggit took $1.04 million Series A financing round in August 2006 and makes revenue from eBay and similar affiliate advertising programs.
This vertical sharing concept does have a great deal of potential – hope if catches on.
good concept.
” iTaggit aims to change the way people collect, organize, and enjoy their personal items and collections by providing a service to catalog collections online.”
seems like a copy-and-paste from the elevator pitch. 
They all got addicted to startups. How many coffees or soda you have all day?
I agree it’s a small vertical, which has some issues to revenue generation…will it generate enough pageviews to support itself? I see Amazon, eBay offers but am not sure you can get enough revenue traction from there. To suceed this site has to expand…by increasing marketsize (users) or adding some sort of fees. Honestly I think if you add fee’s, many collectors will just switch to excel (if your anal enough to catalog stuff). I collect vintage computers and I just can’t be bother cataloging what I have.
My score:
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I don’t see this lasting, but it’s a clever idea.
AP
My PR background probably shows in that sentence.
This will be a killer app if they can develop a RFID tagging system to accompany the website. I’m thinking a USB based RFID detector system that triangulates the location of RFID tags in a 300ft radius and puts the location of all items tagged into a nice little map of your surroundings. That would certainly help me when I lose my wallet somewhere around the house on a daily basis! When they get that online, I’ll sign up!
You have previously covered this concept with MyColletibles from eBay and Kaboodle. There is also Zebo.com and MyThings.com. The New York Times also recently covered this concept in their article entitled “Got Roomfuls of Stuff? Now Site Will Help Keep Track of It” found at http://www.nyti...nyt&emc=rss
I might actually use this – who woulda thunk it?
I think del.cio.us should have done something like this a long time ago.
If the hobby is a really esoteric one, could be a good way to manage the ‘estate of weird but valuable stuff’ issue — a boon to family and estate executors.
Also potentially helpful with ‘provenance’ for things that are new to being collected, like old computers. Who would know that you could find pieces of Apollo spacecraft computers in a basement in Harrisburg, PA (oops, looks like it’s moved to NJ)?
anyone else sick of tagging things?
Seems like every site I’m on these days I have to invest yet another month of tagging stuff…
This caters to the gatherer part of the hunter-gatherer DNA we carry, so it should do surprisingly well. Who would have thought eBay would take off? The Pez™ dispenser niche is tiny vertical sliver, but look at them now.
Will probably hang around making their owners ; (if they even own it anymore)
– a mediocre return ..
-RB
Not sure why, Duncan, you didn’t recognize that there is a lot of activity in this particular space.
MyThings.com launched in the US in March — and provides a unique set of services that allow members to retrieve documentation for their things via channel partners, as well as help them understand and pin down actual monetary values for their belongings (via real humans!). MyThings also has integrated sell tools that enable folks to easily sell the things in their portfolios on Ebay, as well as find local spots to donate and/or give away their things to those less fortunate. And a whole lot more…
See for yourself: http://www.mythings.com
MyThings services are super-robust, yet no mention at all. Not even as a competitive service. Does TC do objective reporting? It’s really hard to tell nowadays.
/m
Not a bad idea, though I have to agree that it is rather a niche.
Lamest blog post ever. Did you just reprint their press release verbatim? Myles, I totally agree, some reporting would have helped here.
Sour grapes disclosure: I run a similar, better site called Squirl (http://squirl.info), which TechCrunch has long ignored