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Tuesday, December 21, 2004

Height of Hypocrates

TOUCHPOINT GROUP ImageBAZEE (an eBAY Company) 's Avinash Bajaj's Arrest...US's Intervention
Did u heard about DPS (Delhi Public School)'s MMS clip of male and female student involved in sex actions. Cycle starts now, another guy in IIT Khargpur selling on India's most prestigious Auction site - Bazee.com.

Bazee is so successful that, Meg Whiteman - Chairman-Founder of world's largest auction site (Success story is already blogged) acquired recently in November 2004. What happened next, Bazee is suppose to implement better corporate governance, efficient operational model as operated in more than 10 countries - US and UK (Largest Market), China, India, Singapore and more eurpoean market.

Fault of Bazee's Control over Listing:

1. DPS Clip got hosted as article. I myself registered as seller in Bazee and experiencted that, listing is not copntrolled and monitored. Even at some places, I suspected that, Bazee's back office guys and seller tie up to generate Auction Bids and comments.

2. DPS clip was listed by student - Bazee does not check the santity of seller as valid merchant at all who has commercial identity to conduct business.

3. It got de-listed after due enforcement by Police. I accept concern over Cyber commerce controls by Indian Goverment. Cyber Police is just eye wash. I liked the concern by eBay and US but again fundmental question comes up, does such due dilligance are not carried out by eBay and so called smart US Goverment ??

Now, eBay loose image and US loose control and defame but, I feel they are trying to save their image in this case.

Online Shopping is big market and players need to be more authenticated.

One best way of identifying is Credit Card Number used for validation in registration process. I feel Amazon wins over eBAy/Bazee. Amazon uses validation process much better including for USed Book selling.

Amazon wins over eBay/Bazee as it has both Inventory as well as Non Inventory model co-exisitng together and can win over long run.

Fingers are crossed as we watch for more Innovative way of doing business over Internet....

Pls. feel free to express your comments... I believe I can improve....