Sunday, October 30, 2005

eBay's Rival?

It's already been dubbed by some as "eBay's killer" even though it hasn't even official launched yet. I am refering to Google Base. Google Base is another extension of Google which will provide users with an online datebase for storing... well just about anything. As an online, searchable database people will be able to store anything from recipes to local services they provide to even University researched information such as protein structures.

But how does this represent a threat to eBay? Well, this database can also be used to upload information about products and sell them much like one would do on eBay but with a critical difference. Google Base will be free. The service pays for itself through the now popular simple text advertisements centered around the products being featured. These ads use keywords in the document they're in so that the ad is relevant to whatever people are looking for. With the rising costs of selling on eBay many people have been searching for an alternative and are already lining up to take advantage of Google's services once they become available.

Further evidence that Google will soon be competing with eBay is the fact that they are in the process of setting up their own online payment service, called Google Wallet, which will be similar to the popular PayPal.

Ars Technica has an article concerning Google Base, as well as Outer-Court.com.

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