Friday, December 26, 2008
Tweebay Could Revolutionize Online Auctions
As if 2008 wasn't hard enough for eBay, now it has Twitter to compete with. Developer Paul Rawlings just launched Tweebay, the radical new version of online auctions.
I discovered this new market during my read through TechCrunch . On its surface, Tweebay looks like its still in desperate need of some fine-tuning. Here's a general overview of the auction process as it stands:
- You have 240 characters to describe your item and can upload one photo, so use it wisely.
- Every time you post an item for sale,bid or make any type of transaction on Tweebay, you'll receive a Direct Message on Twitter to confirm its you.
- Shoppers can browse through 22 different categories, ranging from antiques to video games.
- As of today, there's no standard method of payment. The buyer and the user must reach an agreement.
Since Tweebay is in its initial stages, it's too early to predict how much of an impact it could have on e-commerce and auction sites such as eBay. Facebook launched a market last year, but it's failed to generate notable momentum, and it's buried underneath dozens of other applications on the cluttered interface.
By Matt O'Hern at 05:01 PM | Comments (5)
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