Monday, February 22, 2010

Companies replicating the disruptive eBay business model

eBay for Manufacturers MFG.COM provides a service where a engineer or purchasing manager can submit a description of the part and a CAD design. Manufacturers submit bids and the buyer chooses a bid. After the bidding is complete the part and the price is added to the database for future reference. Next time you want to manufacture a car, try this.

eBay for Software RENTACODER provides a service where a individual or company can submit a requirements document for software to be developed. Software developers or companies can submit a bid. The winning rentacoder develops the software and delivers it to the purchaser. Next time you want to develop a leading edge video recognition software, try this.

eBay for Loans PROSPER provides loans where lenders and borrowers can bid to get the best returns and best loan rates. Next time you want to earn a good interest on your money or borrow money at a good rate, try this.

The eBay business model which disrupted traditional Commerce is now disrupting other businesses and is creating a highly competitive environment in which customers get choices and an opportunity to select the best. It would be interesting to see which other businesses status quo can be broken with this model.

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