Mikeem's Favorite Links on webidea from Diigo

How I Did It: Tony Hsieh, CEO, Zappos.com, How I Did It Article - Inc. Article

Sat, 29 Mar 2008 10:51:07 -0000

Tags: fashion webidea

Posted by: mikeem

What Is Drop Shipping? | Transportation > Freight, Package & Postal Shipping from AllBusiness.com

Sat, 29 Mar 2008 10:36:08 -0000

Tags: drop fashion shipping webidea

Posted by: mikeem

Joining A Startup? Top 6 Questions You Should Ask

Fri, 28 Mar 2008 20:21:25 -0000

Highlights and Sticky Notes:

What’s the history of the basic idea? What other ideas were assessed and discarded? I get worried if the idea being pursued is too fresh and green. Often the founders have not yet had a chance to really think through the idea fully yet. Often, it takes a fair amount of “refinement” for most people to really settle-in on an idea that they are going to pursue seriously.

Seriously, what do they really want to get from the startup? Build a world-famous product? Make a ton of money? Take a company public? Raise capital from top-tier VCs? Get a chance to work with their friends?

How serious are the founders?

Are they betting their careers on the startup? Are they working full time on the effort, or do they have day jobs? Do they worry about their customers problems from when they wake up until when they go to sleep? Are they willing to do whatever is necessary (write code, print business cards, call the cable Internet company, and so on)?

Tags: advice fashion good startup webidea

Posted by: mikeem

Big Ideas: Digging into the details of a company #1: Viagogo

Fri, 28 Mar 2008 20:09:36 -0000

economics of selling secondary tickets

Tags: tickets viagogo webidea

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Tickets at StubHub! Where Fans Buy and Sell Tickets

Fri, 28 Mar 2008 20:08:25 -0000

Tags: tickets webidea

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The Long Tail: Everything is miscellaneous

Thu, 27 Mar 2008 16:25:47 -0000

Tags: fashion webidea zappos

Posted by: mikeem

Shoes, shoes, shoes! Zappos.com - Fast FREE Shipping, 365-Day Return Policy, HUGE selection of dress shoes, casual shoes, athletic shoes, online shoe store

Thu, 27 Mar 2008 16:13:36 -0000

Tags: fashion webidea

Posted by: mikeem

Online Secondary Ticket Markets can be Good for Teams and Fans - Knowledge Problem

Tue, 25 Mar 2008 18:20:58 -0000

Tags: ticket webidea

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Scalping goes upscale: The secondary ticket market's online revolution - Knowledge@W.P. Carey

Tue, 25 Mar 2008 18:20:21 -0000

Tags: ticket webidea

Posted by: mikeem

The Future Of Online Secondary Ticketing by Sucharita Mulpuru, Peter Hult - Forrester Research

Tue, 25 Mar 2008 18:19:56 -0000

Tags: gig ticket webidea

Posted by: mikeem

Why Is There A Secondary Ticket Market?

Mon, 24 Mar 2008 10:37:02 -0000

Highlights and Sticky Notes:

The short answer is that usually, the demand for tickets at face value is far greater than the supply of those tickets. On the other hand, people who buy tickets with the intention of reselling them create an open market where the value of the tickets is more closely determined by the demand for them.

A producer is the official source for tickets to a given event. This entity sets the face value for the tickets, controls the number of tickets released to the public, and may make restrictions on how many tickets one person can purchase.

A broker is an entity that believes the face value of a ticket to be far less than the ticket is "worth." In this case, the "worth" of the ticket is the highest price at which a ticket will sell. The broker buys the tickets at face value with the intention of reselling them at a higher price.

This conservative pricing scheme by producers creates an opportunity for brokers to buy the tickets at face value and resell them for profit. Brokers take a risk, in that the actual value of the ticket in the open market may be more or less than the face value. If the market value is higher, the broker makes a profit. If the market value is lower, the broker loses money. So what are the benefits of having Brokers?

When tickets go on sale months before a show, it's difficult for potential buyers to plan so far in advance. When all of the tickets are sold in the first few hours, brokers provide a way for people to buy tickets closer to the event, albeit for a higher price. For many people, this increase in price is worth the ability to wait until closer to the event to buy tickets.

Tags: gigs startup tickets webidea

Posted by: mikeem