Comments on: Google Checkout Tries To Ring Up Market-Share Gains With Free Transactions http://www.techcrunch.com/2007/12/12/google-checkout-tries-to-ring-up-market-share-gains-with-free-transactions/ Startup and Technology News Wed, 09 Jul 2008 05:05:17 +0000 http://wordpress.org/?v=2.5.1 By: TekGems http://www.techcrunch.com/2007/12/12/google-checkout-tries-to-ring-up-market-share-gains-with-free-transactions/#comment-1840914 TekGems Fri, 14 Dec 2007 19:11:38 +0000 http://www.techcrunch.com/2007/12/12/google-checkout-tries-to-ring-up-market-share-gains-with-free-transactions/#comment-1840914 If Google Checkout wants to catch up with Paypal, they need to provide even bigger incentives to buyers. Remember when Paypal was giving away $5 for ever referral that signed up for your invite e-mail? Google Checkout could do the same. It worked for Paypal, it could work for Google Checkout. Google Checkout also needs some better integration tools so approvals can occur in real-time (e.g. AuthorizeNet). Its kind of ridiculous that you have to wait for Google Checkout to approve the transaction. Could be seconds or hours... If Google Checkout wants to catch up with Paypal, they need to provide even bigger incentives to buyers. Remember when Paypal was giving away $5 for ever referral that signed up for your invite e-mail? Google Checkout could do the same. It worked for Paypal, it could work for Google Checkout.

Google Checkout also needs some better integration tools so approvals can occur in real-time (e.g. AuthorizeNet). Its kind of ridiculous that you have to wait for Google Checkout to approve the transaction. Could be seconds or hours…

]]> By: pmoshay http://www.techcrunch.com/2007/12/12/google-checkout-tries-to-ring-up-market-share-gains-with-free-transactions/#comment-1840644 pmoshay Fri, 14 Dec 2007 17:21:17 +0000 http://www.techcrunch.com/2007/12/12/google-checkout-tries-to-ring-up-market-share-gains-with-free-transactions/#comment-1840644 i was considering using google payments for cc processing until i saw the abject misery and lack of communication, support merchants using them endure on there own users newsgroup. i was considering using google payments for cc processing until i saw the abject misery and lack of communication, support merchants using them endure on there own users newsgroup.

]]> By: PCI Compliance http://www.techcrunch.com/2007/12/12/google-checkout-tries-to-ring-up-market-share-gains-with-free-transactions/#comment-1838043 PCI Compliance Thu, 13 Dec 2007 18:56:37 +0000 http://www.techcrunch.com/2007/12/12/google-checkout-tries-to-ring-up-market-share-gains-with-free-transactions/#comment-1838043 PayPal had Ebay and Amazon has itself. Google needs something else besides free processing in the short term to spur wider and quicker acceptance rates. PayPal had Ebay and Amazon has itself. Google needs something else besides free processing in the short term to spur wider and quicker acceptance rates.

]]> By: Conrad http://www.techcrunch.com/2007/12/12/google-checkout-tries-to-ring-up-market-share-gains-with-free-transactions/#comment-1837671 Conrad Thu, 13 Dec 2007 14:52:58 +0000 http://www.techcrunch.com/2007/12/12/google-checkout-tries-to-ring-up-market-share-gains-with-free-transactions/#comment-1837671 If only Google will accept international merchants :( If only Google will accept international merchants :(

]]> By: Steve Ballmer http://www.techcrunch.com/2007/12/12/google-checkout-tries-to-ring-up-market-share-gains-with-free-transactions/#comment-1836828 Steve Ballmer Thu, 13 Dec 2007 02:22:05 +0000 http://www.techcrunch.com/2007/12/12/google-checkout-tries-to-ring-up-market-share-gains-with-free-transactions/#comment-1836828 Gaggle crap is lame! http://fakesteveballmer.blogspot.com Gaggle crap is lame!

http://fakesteveballmer.blogspot.com

]]> By: Joshua http://www.techcrunch.com/2007/12/12/google-checkout-tries-to-ring-up-market-share-gains-with-free-transactions/#comment-1836783 Joshua Thu, 13 Dec 2007 01:58:42 +0000 http://www.techcrunch.com/2007/12/12/google-checkout-tries-to-ring-up-market-share-gains-with-free-transactions/#comment-1836783 I much preferred the good old days when Google competed for market share simply by making the best product... It's always been a kind of a fairy tale come true for me where Google came to become the dominant search player through having a superior product. I much preferred the good old days when Google competed for market share simply by making the best product… It’s always been a kind of a fairy tale come true for me where Google came to become the dominant search player through having a superior product.

]]> By: Jon http://www.techcrunch.com/2007/12/12/google-checkout-tries-to-ring-up-market-share-gains-with-free-transactions/#comment-1836687 Jon Thu, 13 Dec 2007 01:26:32 +0000 http://www.techcrunch.com/2007/12/12/google-checkout-tries-to-ring-up-market-share-gains-with-free-transactions/#comment-1836687 If Google was smart, they would start a separate company providing this service so privacy or data capture wouldn't be an issue, right now they know my traffic info via analytics, advertising through adsense and this is not including other programs I do not participate in such as gmail, adwords, this... too much info for one company in my opinion. Jon If Google was smart, they would start a separate company providing this service so privacy or data capture wouldn’t be an issue, right now they know my traffic info via analytics, advertising through adsense and this is not including other programs I do not participate in such as gmail, adwords, this… too much info for one company in my opinion.

Jon

]]> By: ovariancancerstage http://www.techcrunch.com/2007/12/12/google-checkout-tries-to-ring-up-market-share-gains-with-free-transactions/#comment-1836336 ovariancancerstage Wed, 12 Dec 2007 22:02:37 +0000 http://www.techcrunch.com/2007/12/12/google-checkout-tries-to-ring-up-market-share-gains-with-free-transactions/#comment-1836336 We need more technology when we talk about paypal accounts.... the system is not the best! We need more technology when we talk about paypal accounts…. the system is not the best!

]]> By: Nikolay Kolev http://www.techcrunch.com/2007/12/12/google-checkout-tries-to-ring-up-market-share-gains-with-free-transactions/#comment-1836296 Nikolay Kolev Wed, 12 Dec 2007 21:43:48 +0000 http://www.techcrunch.com/2007/12/12/google-checkout-tries-to-ring-up-market-share-gains-with-free-transactions/#comment-1836296 PayPal and Google Checkout are two different products with two different purposes. PayPal aims to make profit per transaction, Google aims at collecting and exploiting who buys what where at what price and so on. Amazon Payments is more like PayPal and I prefer it. If you're a serious merchant, 2% transaction fee is not an issue. You know that most merchants have coupons for 20% off, 30% off and even for higher discounts depending on their margin. Giving free marketing info to Google is an issue though. Or at least it is to serious businesses. PayPal and Amazon Payments are the two payment systems for serious merchants. Millions of people already have their credit cards with Amazon, so, it's a natural choice. Their micropayment capability is also good. PayPal has the same, but you need to open a second account and it's a headache. PayPal also has virtual terminal, which allows merchants to take offline payments. That's a big plus, too! PayPal and Google Checkout are two different products with two different purposes. PayPal aims to make profit per transaction, Google aims at collecting and exploiting who buys what where at what price and so on. Amazon Payments is more like PayPal and I prefer it. If you’re a serious merchant, 2% transaction fee is not an issue. You know that most merchants have coupons for 20% off, 30% off and even for higher discounts depending on their margin. Giving free marketing info to Google is an issue though. Or at least it is to serious businesses. PayPal and Amazon Payments are the two payment systems for serious merchants. Millions of people already have their credit cards with Amazon, so, it’s a natural choice. Their micropayment capability is also good. PayPal has the same, but you need to open a second account and it’s a headache. PayPal also has virtual terminal, which allows merchants to take offline payments. That’s a big plus, too!

]]> By: jro http://www.techcrunch.com/2007/12/12/google-checkout-tries-to-ring-up-market-share-gains-with-free-transactions/#comment-1836241 jro Wed, 12 Dec 2007 21:04:36 +0000 http://www.techcrunch.com/2007/12/12/google-checkout-tries-to-ring-up-market-share-gains-with-free-transactions/#comment-1836241 If Google actually succeeds in gaining market share, the comparisons to MS are inevitable. And before everyone starts explaining the differences in order to justify the tactics, please consider these statements: "Google is using its dominance in search and search advertising to subsidize and break into other markets." "Microsoft is using its dominance in operating systems and desktop applications to subsidize and break into other markets." Anti-competitive is anti-competitive, no matter how you slice it. If Google actually succeeds in gaining market share, the comparisons to MS are inevitable.

And before everyone starts explaining the differences in order to justify the tactics, please consider these statements:

“Google is using its dominance in search and search advertising to subsidize and break into other markets.”

“Microsoft is using its dominance in operating systems and desktop applications to subsidize and break into other markets.”

Anti-competitive is anti-competitive, no matter how you slice it.

]]> By: marketing lane http://www.techcrunch.com/2007/12/12/google-checkout-tries-to-ring-up-market-share-gains-with-free-transactions/#comment-1836201 marketing lane Wed, 12 Dec 2007 20:32:10 +0000 http://www.techcrunch.com/2007/12/12/google-checkout-tries-to-ring-up-market-share-gains-with-free-transactions/#comment-1836201 This is kind of like the chicken and the egg. Google cannot increase its Checkout user base unless merchants accept it as a payment and merchants wont spend money adding this feature to their site if there are no users. Paypal has the advantage in that it allows you to send money to friends and therefore people will generally have funds in those accounts. I have both Paypal and Google Checkout accounts and most of the time I end up using Paypal just because I already have funds in the account. With Paypal recently introducing the debit card Master Card as a way of purchasing anything online or B&M, Google may start to see itself loosing market share. The only incentive I see for site owners is when it comes to Adwords. If a merchant accepts Google Checkout their ads receive a little extra exposure in the form of the Google Checkout logo. These ads generally have a higher click through rate and will provide better return for the advertiser. I have suggested to nearly every client to accept Google Checkout specifically for this reason and no other. This is kind of like the chicken and the egg. Google cannot increase its Checkout user base unless merchants accept it as a payment and merchants wont spend money adding this feature to their site if there are no users.

Paypal has the advantage in that it allows you to send money to friends and therefore people will generally have funds in those accounts. I have both Paypal and Google Checkout accounts and most of the time I end up using Paypal just because I already have funds in the account. With Paypal recently introducing the debit card Master Card as a way of purchasing anything online or B&M, Google may start to see itself loosing market share.

The only incentive I see for site owners is when it comes to Adwords. If a merchant accepts Google Checkout their ads receive a little extra exposure in the form of the Google Checkout logo. These ads generally have a higher click through rate and will provide better return for the advertiser. I have suggested to nearly every client to accept Google Checkout specifically for this reason and no other.

]]> By: whoopie http://www.techcrunch.com/2007/12/12/google-checkout-tries-to-ring-up-market-share-gains-with-free-transactions/#comment-1836198 whoopie Wed, 12 Dec 2007 20:29:40 +0000 http://www.techcrunch.com/2007/12/12/google-checkout-tries-to-ring-up-market-share-gains-with-free-transactions/#comment-1836198 google is 0-2 in taking on ebay's core markets. google base and checkout both are DOA google is 0-2 in taking on ebay’s core markets. google base and checkout both are DOA

]]> By: Illustrious Bozo http://www.techcrunch.com/2007/12/12/google-checkout-tries-to-ring-up-market-share-gains-with-free-transactions/#comment-1836177 Illustrious Bozo Wed, 12 Dec 2007 20:20:36 +0000 http://www.techcrunch.com/2007/12/12/google-checkout-tries-to-ring-up-market-share-gains-with-free-transactions/#comment-1836177 Well, for one, I read various trade journals and blogs and have seen various write-ups where growth is quite has been quite slow for Checkout and has a very low penetration percentage. This was back around September/October which was 9 or 10 months after they offered the deal starting back in January. I think a few early adopters even backed out (but they have gained a few other big adopters as well). Well, for one, I read various trade journals and blogs and have seen various write-ups where growth is quite has been quite slow for Checkout and has a very low penetration percentage. This was back around September/October which was 9 or 10 months after they offered the deal starting back in January. I think a few early adopters even backed out (but they have gained a few other big adopters as well).

]]> By: MGZ http://www.techcrunch.com/2007/12/12/google-checkout-tries-to-ring-up-market-share-gains-with-free-transactions/#comment-1836160 MGZ Wed, 12 Dec 2007 20:03:58 +0000 http://www.techcrunch.com/2007/12/12/google-checkout-tries-to-ring-up-market-share-gains-with-free-transactions/#comment-1836160 Bozo: How do you know how much they have gained? I use them all the time for sending invoices to people to receive payment, with no fees paid to Google. Love it! MGZ Bozo: How do you know how much they have gained? I use them all the time for sending invoices to people to receive payment, with no fees paid to Google. Love it!

MGZ

]]> By: Siva Nadarajah http://www.techcrunch.com/2007/12/12/google-checkout-tries-to-ring-up-market-share-gains-with-free-transactions/#comment-1836080 Siva Nadarajah Wed, 12 Dec 2007 19:24:06 +0000 http://www.techcrunch.com/2007/12/12/google-checkout-tries-to-ring-up-market-share-gains-with-free-transactions/#comment-1836080 I realize that this is a move to try and break into PayPal's territory and I like that they are doing it. Google has been taking serious blows into Microsoft with their search and web applications. I hope they will offer a similar blow to Paypal with this move and all that follow. Good Work! I realize that this is a move to try and break into PayPal’s territory and I like that they are doing it.

Google has been taking serious blows into Microsoft with their search and web applications. I hope they will offer a similar blow to Paypal with this move and all that follow.

Good Work!

]]> By: Karthick http://www.techcrunch.com/2007/12/12/google-checkout-tries-to-ring-up-market-share-gains-with-free-transactions/#comment-1836076 Karthick Wed, 12 Dec 2007 19:21:56 +0000 http://www.techcrunch.com/2007/12/12/google-checkout-tries-to-ring-up-market-share-gains-with-free-transactions/#comment-1836076 When PayPal gave these offers, it did not try and leverage it's other areas - like adsense for Google. So, I think that these situations should not be compared. When PayPal gave these offers, it did not try and leverage it’s other areas - like adsense for Google. So, I think that these situations should not be compared.

]]> By: Illustrious Bozo http://www.techcrunch.com/2007/12/12/google-checkout-tries-to-ring-up-market-share-gains-with-free-transactions/#comment-1836017 Illustrious Bozo Wed, 12 Dec 2007 18:42:26 +0000 http://www.techcrunch.com/2007/12/12/google-checkout-tries-to-ring-up-market-share-gains-with-free-transactions/#comment-1836017 Well, missy, time has not helped Google and Google Checkout. Their free offer ran all of 2007 and they have not gained much, if any. Good luck to them. PayPal killer it is not. Well, missy, time has not helped Google and Google Checkout. Their free offer ran all of 2007 and they have not gained much, if any. Good luck to them. PayPal killer it is not.

]]> By: Kelli http://www.techcrunch.com/2007/12/12/google-checkout-tries-to-ring-up-market-share-gains-with-free-transactions/#comment-1836002 Kelli Wed, 12 Dec 2007 18:36:49 +0000 http://www.techcrunch.com/2007/12/12/google-checkout-tries-to-ring-up-market-share-gains-with-free-transactions/#comment-1836002 Remember that Paypal did the same thing when it first started. If Google gets enough marketshare to get onto eBay, then it would become a serious competitor. eBay can ignore it only for so long. Remember that Paypal did the same thing when it first started. If Google gets enough marketshare to get onto eBay, then it would become a serious competitor. eBay can ignore it only for so long.

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