Will ebay Wreck StumbleUpon?
Posted by Marty Weintraub on May 31st 2007 in Social Media
Via techCrunch: eBay announced a cash acquisition today valued at $75 million for the purchase the social community site StumbleUpon. eBay indicated that StumbleUpon will further their “goal of pioneering new communities based on commerce and sustained by trust.” eBay is installing Michael Buhr (requires login) as general manager for the product and they intend to take a hands-off approach at first. SU has been growing exponentially. With over 2.3 million registered users and 5 million recommendations served daily, they have clocked 150% year over year growth.
Community Based Business?
What exactly IS “community based commerce” anyway? StumbleUpon is exactly the opposite at present. Oh, plenty of smart marketing folks drive plenty of traffic from SU but the approach is usually very civilized. The selling that does go on is either very subtle or gets buried by bloggers. Does ebay expect top stumblers to suddenly become brand evangelists committed to selling products for ebay commissions?
What might that look like? When ebay takes the gloves off will we be looking at contextually generated ads served in profiles, affiliate ads on category pages, and video advertising next to tag clouds?
Do I WANT ebay to Know My Habits?
How will blended ebay shopping data and SU content habits be merged and exploited? Will SU, which is almost completely free of successful junk spammers, become a MySpace-like hangout where users are solicited by whores and spammers? Will ebay read my messages to SU friends for later use? Read the rest of this entry »
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