Comments on: Mobile Bazaar http://futurebanking.bankofamerica.com/mobile-bazaar_359 Future Banking Blog Sun, 22 Nov 2009 23:46:49 +0000 http://wordpress.org/?v=2.6.3 By: chinch kabel http://futurebanking.bankofamerica.com/mobile-bazaar_359#comment-3302 chinch kabel Tue, 22 Sep 2009 11:08:54 +0000 http://futurebanking.bankofamerica.com/?p=359#comment-3302 I completely agree with this article because today lot of people are using cellphones as their basic necessity and it helps in the daily life of every people. Due to cell phone we can connect anywhere in the world while we are roaming...Overall it's an useful device...... I completely agree with this article because today lot of people are using cellphones as their basic necessity and it helps in the daily life of every people. Due to cell phone we can connect anywhere in the world while we are roaming…Overall it’s an useful device……

]]> By: change management http://futurebanking.bankofamerica.com/mobile-bazaar_359#comment-3295 change management Tue, 22 Sep 2009 05:41:09 +0000 http://futurebanking.bankofamerica.com/?p=359#comment-3295 I agree with the post completely. Today the cell bazaar is one of the widely growing industries. I am also a big user of cell. I am on the phone whole the day. I felt I am addicted of it. I can't imagine my life without cell at all. I agree with the post completely. Today the cell bazaar is one of the widely growing industries. I am also a big user of cell. I am on the phone whole the day. I felt I am addicted of it. I can’t imagine my life without cell at all.

]]> By: Larson http://futurebanking.bankofamerica.com/mobile-bazaar_359#comment-121 Larson Tue, 10 Feb 2009 13:05:31 +0000 http://futurebanking.bankofamerica.com/?p=359#comment-121 I think I found some insight to your question regarding price and price competition on the CellBazaar website: <em><strong>Season for Change </strong>Every year Abdul gathers his harvest, and then travels to the market with it. He dreads the day he has to face Jabbar Ali, a ruthless businessman, who buys jackfruits from him.With all his sunk costs, Abdul often has no choice but to sell his fruits, even if at a minimal rate. But this year, polli-phone user Sokina shows Abdul how to post his fruits on CellBazaar. </em>From this, I would infer that Abdul can now enter his sales negotiations armed with current pricing information, which will help prevent the ruthless Jabbar Ali from taking as much of the profits as in the past. So, in this case, it looks like the CellBazaar technology can improve pricing for the benefit of the producer. However, I am not sure how this would translate to the US economy. In this case, the producer suffered from a lack of information. I <em>think</em> that an equivalent producer in the US would have this information, and is probably already using that information in price negotiations. I <em>think</em> that mobile price information and shopping exist to a certain extent using mobile versions of Paypal, Craigslist, BoA online banking, etc; however, I am sure that we can learn more from the CellBazaar case. Thanks for the interesting post! I think I found some insight to your question regarding price and price competition on the CellBazaar website:

Season for Change
Every year Abdul gathers his harvest, and then travels to the market with it. He dreads the day he has to face Jabbar Ali, a ruthless businessman, who buys jackfruits from him.With all his sunk costs, Abdul often has no choice but to sell his fruits, even if at a minimal rate. But this year, polli-phone user Sokina shows Abdul how to post his fruits on CellBazaar.

From this, I would infer that Abdul can now enter his sales negotiations armed with current pricing information, which will help prevent the ruthless Jabbar Ali from taking as much of the profits as in the past. So, in this case, it looks like the CellBazaar technology can improve pricing for the benefit of the producer.

However, I am not sure how this would translate to the US economy. In this case, the producer suffered from a lack of information. I think that an equivalent producer in the US would have this information, and is probably already using that information in price negotiations. I think that mobile price information and shopping exist to a certain extent using mobile versions of Paypal, Craigslist, BoA online banking, etc; however, I am sure that we can learn more from the CellBazaar case.

Thanks for the interesting post!

]]>