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Google GBuy, set for release 28th June

 3:04 am on Jun 10, 2006 (gmt 0)

Bloomberg News writes:

Google will start an online payment system this month that will challenge EBay Inc.'s PayPal and let Google offer more targeted ads.

Note: registration is required to read this story.

[edited by: engine at 3:04 pm (utc) on June 12, 2006]



 6:07 pm on Jun 13, 2006 (gmt 0)

> College Boy syndrome. The lack of follow through.

Brett said it. If they can overcome this, though, I feel they are poised to grow GBuy into the major diversification they've needed for quite some time. Google needs to create new income streams and GBuy could be the beginning of this for them.


 6:24 pm on Jun 13, 2006 (gmt 0)

PayPal has its problems, but it has something that GBuy doesn't - brand recognition with the general public.

Yeah, nobody ever heard of GBuy. Unless... you don't suppose they would think of using the "Google" brand name to market this, do you?



 6:50 pm on Jun 13, 2006 (gmt 0)

I'm so tired of PayPal's intangible product policy I will sign up for this in a heart beat... Google hasn't done me wrong yet, PayPal does about once a month.


 7:36 pm on Jun 13, 2006 (gmt 0)

Gbuy might skim off some disgruntled PayPal users but what exactly is all the fuss about?

Another "revolutionary" product? Payment processing?!

good grief, hasn't anyone yet tired of all the revolutionary products to date?

Gmail - dethroned hotmail/yahoo? lol
Talk - has anyone outside of techie land heard of this?
Froogle - the beta that won't quit or is it something else now?
Calendar - hmmm, lotsa potential for an ONLINE CALENDAR..
Finance - universally panned by anyone who's seen it.

oh, I almost forgot..

Web Accelerator


just another press release by a stock market analyst, does google now farm out the marketing of product launches to wall street types? Great stuff, should keep investors interested for awhile longer.


 8:54 pm on Jun 13, 2006 (gmt 0)

Seems like a while since G has released a killer app, hasn't it? Interesting that the latest Technology Review has picked up on this.


 9:10 pm on Jun 13, 2006 (gmt 0)

Let's hope it does/ or doesn't end up the same way Froogle has... honestly... how many people use it.

Personally, I don't think Ebay/Paypal has much to worry about. ( though wouldn't be surprised to see GoogleAuction next ).

Before we know it, Google will start a low-cost airline (FroogleAir?) to compete with EasyJet and Southwest... why not - search doesn't seem to matter as much as it did in the past, plus they've put their hands in everything else. :)


 9:56 pm on Jun 13, 2006 (gmt 0)

Google often has teething problems with their new product rollouts (and do they ever make it out of beta?). Pause & ponder for a moment... Am I ready for the financial risk? Do I have a Plan B...

It's like they are throwing things at the wall to see what sticks. I used to struggle trying to figure out exactly what Google was trying to do with toys like Picassa. Innovation for innovation's sake is not healthy over the long haul. Investors will eventually take their money elsewhere.

This is it in a nutshell. On the one hand they are "experimenting" i.e. they have no real plan. On the other, it's all ran a bit like a giant PhD experiment - hey wouldn't it be great if we had <insert crackpot idea here>.

Much of what they've released in recent years is at the level of student projects, for example when they launched sitemaps they had a really handy site bot indexer all ready for you, all you had to do was install Python. I mean, the kind of audience they were after would all have a good working knowledge of Python. Wouldn't they?

One of the things they have figured out is that lazy journalists love easy articles. The minute you bring out, say, a genuinely poor piece of chat software you have an instant headline - Google challenge Microsoft and AOL's chat dominance.

They've yet to challenge anyone on anything outside of search, and nobody knows this more than Google. From a personal point of view I have yet to see a mature, well thought out piece of software or technology in recent years. Even their sitemaps, an exclusively internal piece of software, is a mess. Why would they be any better at the very well established world of finance?

As far as I'm concerned it's either desperation or marketing. Or both. Google simply aren't that good, and everyone else is beginning to catch up with search.


 10:29 pm on Jun 13, 2006 (gmt 0)

Will customer service be available or will they they send boiler plate emails with links to a hints page.

Somehow I just don't see these guys grasping payment processing, has there been an official announcement or is this just some stock analyst with too much sugar in his wheaties?


 10:46 pm on Jun 13, 2006 (gmt 0)

Will customer service be available or will they they send boiler plate emails with links to a hints page.

They have customer service?


 10:57 pm on Jun 13, 2006 (gmt 0)

They have customer service?

Thats proprietary information, revealing details would put their business at risk. ;)


 11:09 pm on Jun 13, 2006 (gmt 0)

Thats proprietary information, revealing details would put their business at risk. ;)

You mean we'll have to infer whether they care about the customers? Or, rather, read posts from ill-informed 17 year olds about the supposed rumour (found on Digg) that their Responding to Customers in a Timely Fashion and, Far from Treating them with Contempt, We'll Communicate With Them Not Using Matt Cutts Personal Blog (BETA) program is available on the Indonesia datacentre between 3pm and 4:26pm GMT? But only if you're using FireFox.


 11:24 pm on Jun 13, 2006 (gmt 0)

It will also be interesting to see if Ebay allows a Gbuy payment option on ebay.

Considering eBay is getting ready to roll out it's own Adsense competitor, I'm willing to bet they will pull out all the stops to prevent GBuy payments.

So long as eBay owns it, PayPal will not be trumped for auction payments.

PayPal is likely to start revising a lot of their "you don't like it, too bad" policies though...


 12:54 am on Jun 14, 2006 (gmt 0)

what people fail to realize is that in the credit card business, a lot of merchants accept every major service in the hopes of attracting customers. A merchant may accept egold, 2checkout, paypal, 1900#, etc., The merchants don't have to choose--they just get on board as many as possible in the goal of being flexible for the sake of the customer who may back away at checkout time.

Not accepting gbuy and/or the next big thing is a loss for merchants. the only thing that would stop them from immediately accepting gbuy is if the API/IPN or whatever is difficult/expensive to integrate with current shopping carts and checkout systems. Given google's experience with APIs and effective integration of services with third-party apps (think google earth, maps, adwords/adsense), they should be able to fare pretty well in this department.

this is a great thing from the standpoint of those using competiting services, as we may see a price war (even a small deduction in flat fee/percentage for paypal can add up), and it may force them to change some of their rules.


 2:15 pm on Jun 15, 2006 (gmt 0)

PayPal has its problems, but it has something that GBuy doesn't - brand recognition with the general public.

Yeah, nobody ever heard of GBuy. Unless... you don't suppose they would think of using the "Google" brand name to market this, do you?


(The "Google" brand is so strong that some folk will jump at a new product, unseen & untested.)

Think of it this way: What's PayPal? A payment processor. What's eGold? A payment processor. What's Google GBuy? I'm not sure, but I think I'll read the thread (that we're currently reading...).

Perhaps my point is better made if I refine my argument to say that PayPal has both brand recognition and product familiarity with the general public, whereas GBuy only has the Google brand to (currently), ahem, "bank" on.

And I did say...

> On the flipside, I also don't doubt that some sales will be made simply because it's Google.


I'm not here to kick Google because there's a chance - I try to sit on the fence. And while there have been arguments made that early adopters probably should seriously consider, I don't think GBuy will be as shaky as other rollouts.

"Google," as a whole, has prior experience with payment processing - Adsense, for example.

A couple of rough launches previously mentioned: SiteMaps was surely born from someone's personal 20% R&D time (and they program in Python), and didn't grow much from there before being launched. The experience behind the product is (probably) limited to a small team. Analytics was an aquisition. It's not easy to buy experience (especially if coming in at the wrong time when it comes to stock options ;) ). Yes, the experience is in-house, but it's still "Urchin" experience (culture, environment, etc.), not "Google."

The whole "Google," on the other hand, has some facet of payment processing across its empire. Shoot, its empire is advertising & the associated three-party payment processing (advertiser, publisher, Google). Years of experience. GBuy is "merely" a switching of "advertiser & publisher" with "buyer & seller."

The rub is how easy & smooth can Google switch the two?


 10:21 pm on Jun 15, 2006 (gmt 0)

I would like Google to start selling some meal replacement plans a.k.a nutrisystem. I hear that diet sector is hot and perhaps will add another couple of billion to the market cap of GOOG!

Call it GoogleMeals or whatever - I would like to eat it daily;)


 4:33 am on Jun 16, 2006 (gmt 0)

GBuy is definately going to make things better in the merchant/3rd party processing world. Paypal needs a competitor :)


 4:42 am on Jun 16, 2006 (gmt 0)

Presently, merchants with a large number of products that do a bulk upload on gbase, cannot specify Google Payments as a payment option. So I guess it's more for people that are selling single items and such, rather than for real merchants.


 4:55 am on Jun 16, 2006 (gmt 0)

My guess is merchants will be getting the short end on this deal as google has never displayed any concern for customers (people who pay google real money) only the mythical "user", I wouldn't trust them for a new york second.

Bad Advertiser!

Bad Webmaster!

Bad Publisher!

Bad Journalist!

Bad Stockholder!

forewarned is forearmed.

Bad Merchant! we keep your money, user is always right!

We consider the user our customer :)


 11:49 pm on Jun 17, 2006 (gmt 0)

Finaly,i hope that G will be more flexible than Paypal is from the point of international webmasters support


 7:22 am on Jun 20, 2006 (gmt 0)

On its core search results pages, Google will designate each merchant accepting GBuy as a "trusted GBuy merchant." If consumers view this as a mark of safety and security, Rohan believes this should increase click-through rate.

What do they mean by this? Are they actually saying this will be in the natural serps, or just on the Search Engine Results Pages?
Several things to consider
1. It may backfire, people may view the designation as a sign to stay away, especially if we get a bunch of MFGB (Made for Gbuy) sites, which is inevitable.
2. Google has bots that disregard meta robots.
3. Google brought us the web accelerator, which unintentionally fetched web pages with personal data from previous users.
4. Google has shown they are good at making information available, how good will they be at hiding it?
5. Google is the Microsoft of the internet in that all the bad guys are focused on it.
6. Google has proven to always cover up anything that may have or has gone wrong. When sites with hyphens were removed from the index (they could not be found by searching for text on the page using quotes), Google said it was only a problem affecting the site: operator. The site: operator is now showing sites only weeks old as having BILLIONS of pages in the index. Again, G claimed it was only a problem with the site: operator. They are very secretive, would you trust them to tell you if they had a 'catastrophic data push' involving your bank account data.

And on the other hand. Most, or at least many, of us have already given them all this info via our Adsense or Adwords accounts. So far, so good.

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