Socially networked Marketplace - Would Ecommerce retailers want it?
In one of my earlier blogs on rediff i had discussed this concept of a socially networked marketplace. I had discussed the concept of a market-place like Amazon or Ebay with an embedded functionality of social networking. Therefore, sellers and customers end up socially networking - Sellers to promote their services and products and customers would network with other customers and sellers. Also there was another idea envisaged there - A scocial networking site with the functionality of an e-commerce website (e.g what happens if Orkut / facebook / Myspace - enable their users to list products and services with a basket checkout functionality). There are other nuances to be considered as well, when we talk of a socially networked marketplace - Would an ecommerce retailer ever want such a functionality to be built into their website, where customers can network amongst each other?
I happened to come across this artice http://www.storefrontbacktalk.com/securityfraud/setting-limits-on-customers-talking-with-each-other-in-e-commerce/ last week. Amazon has made its first move against customers and sellers getting in touch with each other directly. This only means that Amazon is now moving into a phase where they want customers and sellers to network through the amazon network and not through personal email, as before. Once the communication between users of the marketplace goes out of the network, Amazon looses all control. Having said this, we may assume that amazon would want to enable the feature of social networking on its own network - rather than customers joining the sellers personal twitter, myspace or linkedin networks and letting amazon loose all control over its customers.
This is probably the first move of its kind and in the days to come other retailers would take cue and follow.


