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10 results for “Bill Gurley on marketplaces”
Person17 mentions across episodes
Bill Gurley
5 episodes · View guest page
“Why building a marketplace website isn't solving the real problem”
What do you mean? Yeah. Build a website. Right? So I guess they treated it a bit like field of dreams. Right? You know, build it and they will come. So it was that insight we got to relatively quickly
3:54 / 4:09
founder story3:54 – 4:09
...marketplaces with, eBay and Amazon that they thought of it as cheap, as potentially not very credible, like a lot of fake products were being sold on marketplaces. So when we were approaching high fashion brands and talking about marketplaces, that c
20:59 / 22:05
from transcript20:59 – 22:05
Yeah. They've already taken that outside the Mele ecosystem. So in 2009, I believe, is when Mercado Cargo launched as a merchant acquiring service for digital merchants that were not on the marketplace. And then I'm not sure exactly when, but sometim
39:48 / 40:51
from transcript39:48 – 40:51
So I said earlier that there's two distinct businesses in there. There's the digital wallet for the consumer and merchant acquiring for the merchant. So within the merchant acquiring business, there's two sources of revenue. One is the payment proces
37:24 / 38:50
from transcript37:24 – 38:50
And frankly, we had to make bets on, you know, do we do we double down on the marketplace term and hope that we're gonna be able to elevate that term to to mean something else? Or do we call what we do something entirely different? Do we just refer t
21:39 / 22:57
from transcript21:39 – 22:57
...marketplaces for the same reason some of we can talk about was on my end of their angel listing might not might seem different, but it isn't because I just inherently love, like, really crazy challenging businesses that can be really huge. I'm not I
28:22 / 29:32
from transcript28:22 – 29:32
having higher prices to send a package from Germany to Belgium than they have from China to Belgium. Well, you know, you hope regulates better than anyone else. So we'll get to that, my friend. Regulation. Can can I ask you, what's the totally weird
32:51 / 34:04
from transcript32:51 – 34:04
...these marketplaces, multivariate models. So if you're going to steer your whole marketing investment on one metric, like a cost per or a certain payback, then you're by definition, you're wrong because all these variants are moving around. They need
38:15 / 39:36
from transcript38:15 – 39:36
comes from transaction that happen on our grocers sites. We monetize it the same way as we monetize our core app, which is through a mix of fulfillment and advertising, but it is already very meaningful. And that goes back to the point I was making e
46:28 / 47:34
from transcript46:28 – 47:34
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