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Thread: Google Checkout

  1. #1
    Harry Tuttle
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    Google Checkout

    http://www.forbes.com/markets/curren...markets08.html

    Checking Out Google Checkout
    Mary Crane, 06.29.06, 11:53 AM ET

    Google's new online purchasing service, dubbed Google Checkout, opens up a "whole new world" of targeting capabilities and search capacity for the online search giant, according to RBC analyst Jordan Rohan in a report Thursday.

    Announced Wednesday, the service processes online payment services between consumers and merchants similar to eBay's PayPal.

    Management indicated Google Checkout will roll out with an initial roster of about 100 merchants.

    The service is also integrated with Google's search advertising program, AdWords, which the company said helps sellers gain new customers. A percentage of the 2% transaction fees merchants pay to use Google Checkout will be credited against future keyword purchases on Google AdWords, the company said.

    Google Checkout's rollout was well-planned, Rohan said, complete with an initial discount for new Google Checkout customers.

    "Unlike many other Google products, Google Checkout seems to have a well-reasoned product release strategy and an appropriate amount of marketing support," the analyst said.

    He added that the cost of rolling out the new payment service may pressure margins for a "very small percentage of Google revenues," it opens up all kinds of opportunities for targeting Google users and refining search capabilities.

    The analyst maintained an "outperform" rating and $465 price target on Google stock.

    Google's biggest challenges at this point, besides general market concerns and an overall Internet stock multiple contraction, is competition, Rohan said.

    Competitors like Microsoft (nasdaq: MSFT - news - people ), which recently launched its own search engine, are looking to gain users, search query volume, search network affiliates and technological supremacy.

    SUBMIT AND OBEY!

  2. #2
    snoopy369
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    Google

    Clearly my money has no higher calling
    <Reverend> IRC is just multiplayer notepad.
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  3. #3
    VetLegion
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    They don't work with Croatia either. Nor does PayPal.

    Google Checkout
    PayPal

  4. #4
    snoopy369
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    There's an alternate interpretation of that
    <Reverend> IRC is just multiplayer notepad.
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  5. #5
    Asher
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    It would be nicer if it worked with more mainstream sites.

    Newegg, Amazon, Chapters/Indigo (in Canada), NCIX (in Canada), etc.
    "The issue is there are still many people out there that use religion as a crutch for bigotry and hate. Like Ben."
    Ben Kenobi: "That means I'm doing something right. "

  6. #6
    snoopy369
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    Presumably that will come in time. I'm actually impressed with who they have so far... decent sized places that presumably don't do much business on their websites - names like Dockers, Jockey, etc. - and you wouldn't have a commonly used account on their site.

    Amazon, Newegg, etc., you're presumably going to have an account with already, so it's not as advantageous to you, the consumer, to use.
    <Reverend> IRC is just multiplayer notepad.
    I like your SNOOPY POSTER! - While you Wait quote.

  7. #7
    Asher
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    It's still nice to centralize all the purchases.
    "The issue is there are still many people out there that use religion as a crutch for bigotry and hate. Like Ben."
    Ben Kenobi: "That means I'm doing something right. "

  8. #8
    snoopy369
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    And yet you'd probably be one of those who objects to WalMart, right?
    <Reverend> IRC is just multiplayer notepad.
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  9. #9
    Lorizael
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    Well, we certainly can't have Google and Amazon teaming up. Because, as we all know, that would be the death of mainstream media.

  10. #10
    Asher
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    Originally posted by snoopy369
    And yet you'd probably be one of those who objects to WalMart, right?
    Nope.

    I like them low low prices.
    "The issue is there are still many people out there that use religion as a crutch for bigotry and hate. Like Ben."
    Ben Kenobi: "That means I'm doing something right. "

  11. #11
    OzzyKP
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    Originally posted by VetLegion
    They don't work with Croatia either. Nor does PayPal.

    Google Checkout
    PayPal
    You should have stayed part of Hungary.
    Captain of Team Apolyton - ISDG 2012

    When I was younger I thought curfews were silly, but now as the daughter of a young woman, I appreciate them. - Rah

  12. #12
    Asher
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    I didn't want to start a new thread on this, but is anyone else using the Google Reader widget on the Google Homepage? It's fantastic.

    I've got a bunch of labels to toggle through that shows different RSS feeds, showing the newest stuff at the top. Right now I've got "nhl", "tech" (tech news stuff like slashdot, news.com, digg, etc), "games", and "gadgets" (engadget).

    Clicking on each story instantly draws a little balloon with the story contents and a link to the original story.
    Attached Images Attached Images
    "The issue is there are still many people out there that use religion as a crutch for bigotry and hate. Like Ben."
    Ben Kenobi: "That means I'm doing something right. "

  13. #13
    Imran Siddiqui
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    Google

    Signed up for Checkout, I'm sure I'll be using it soon enough.
    “I give you a new commandment, that you love one another. Just as I have loved you, you also should love one another. By this everyone will know that you are my disciples, if you have love for one another.”
    - John 13:34-35 (NRSV)

  14. #14
    Harry Tuttle
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    I haven't tried it yet, but as Asher said it seems like a good idea to centralize everything. Google is quickly becoming a hub for the majority of my online information.

    I think I'll try it out for the Holidays.

  15. #15
    Japher
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    about time someone came out with a way to pay for things over the internet!

  16. #16
    Q Classic
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    Originally posted by VetLegion
    They don't work with Croatia either. Nor does PayPal.

    Google Checkout
    PayPal
    If Croatia would, y'know, join the Modern Era, maybe they'd work there.

    B♭3

  17. #17
    VetLegion
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    What is Modern Era?

  18. #18
    snoopy369
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    It's what happens when you discover Industrialism.
    <Reverend> IRC is just multiplayer notepad.
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  19. #19
    Harry Tuttle
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    Originally posted by VetLegion
    What is Modern Era?
    About 150 miles north of Zagreb.


  20. #20
    VetLegion
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    What are you laughing at? Your country is only 300 years old, that's still Infant Era as far as countries go

  21. #21
    Q Classic
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    Yes, but we have something yours doesn't have.

    Lots of foreign investors.

    Oh, and also:
    A far greater number and proportion of internet users.
    B♭3

  22. #22
    VetLegion
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    I'm not saying there's no difference. But I'm sick and tired of companies focusing on US and a handful of other countries.

    Not all of them of course, Amazon works without a hitch

  23. #23
    Tattila the Hun
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    Originally posted by Q Cubed
    Yes, but we have something yours doesn't have.

    Lots of foreign investors.

    Oh, and also:
    A far greater number and proportion of internet users.
    Oh yeah? Well we have the most blondes in the world, by percentage. Nyah!
    I've allways wanted to play "Russ Meyer's Civilization"

  24. #24
    Kuciwalker
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    Originally posted by VetLegion
    I'm not saying there's no difference. But I'm sick and tired of companies focusing on US and a handful of other countries.
    Make your country important than.

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