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Stripe and Pinterest

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Re: Stripe and Pinterest

#11

Post by hrayr »

projectileboy wrote: post #2

Between stuff like this and the juggernaught that is Amazon, it's hard for me to see how traditional retailers are going to survive outside of certain small niche markets.

Where traditional retailers can thrive, is in the H2H (human-to-human) market. Make traditional retail be a destination for the local community by organizing events related to their business, and make the actual business (retail) be the side affect of it. It may not be as profitable as they used to be, but they can remain relevant and even thrive.

Radioshack comes to mind, they could have reclaimed their #1 destination for hobbyists by repurposing their shops as hacker spaces.

Re: Stripe and Pinterest

#12

Post by jonbishop »

floppydisk wrote: post #8

Etsy moves to buy Pinterest in the next week. This would seriously undercut their market. Though how will this handle people pinning other people's products? Does the pinner get a cut if someone buys someone else's product through their pin? How do you verify legitimate retailers?

Not going to happen. Etsy has a market cap of 1.79B[1] whereas Pinterest was valued at 11B in it's last funding round[2].

[1]https://www.google.com/webhp?sourceid=chrome-instant&ion=1&e... [2]http://recode.net/2015/03/17/pinterest-funding-367-million/

Re: Stripe and Pinterest

#13

Post by simonk »

CodeSheikh wrote: post #10

If the "buy" button takes the user to sellers' whatever e-commerce solution then it is a win..and I dont mind giving % to a pinner. We use Shopify for our products and Shopify is also powered by Stripe.

Seems like your e-commerce solution has to be a partner. Shopify is though http://www.shopify.com/pinterest?term=buyable%20pins&Network...

Re: Stripe and Pinterest

#14

Post by amirmc »

jonbishop wrote: post #12
floppydisk wrote: post #8

Etsy moves to buy Pinterest in the next week. This would seriously undercut their market. Though how will this handle people pinning other people's products? Does the pinner get a cut if someone buys someone else's product through their pin? How do you verify legitimate retailers?

Not going to happen. Etsy has a market cap of 1.79B[1] whereas Pinterest was valued at 11B in it's last funding round[2]. [1] https://www.google.com/webhp?sourceid=chrome-instant&ion=1&e... [2] http://recode.net/2015/03/17/pinterest-funding-367-million/

So it happens the other way around. Pinterest buys Etsy. ... I can actually imagine that working.

Re: Stripe and Pinterest

#15

Post by antidaily »

projectileboy wrote: post #2

Between stuff like this and the juggernaught that is Amazon, it's hard for me to see how traditional retailers are going to survive outside of certain small niche markets.

Not to worry. All feeds and types of feeds will soon be polluted with sponsored posts from the traditional retailers you speak of.

Re: Stripe and Pinterest

#16

Post by jonlucc »

hrayr wrote: post #11
projectileboy wrote: post #2

Between stuff like this and the juggernaught that is Amazon, it's hard for me to see how traditional retailers are going to survive outside of certain small niche markets.

Where traditional retailers can thrive, is in the H2H (human-to-human) market. Make traditional retail be a destination for the local community by organizing events related to their business, and make the actual business (retail) be the side affect of it. It may not be as profitable as they used to be, but they can remain relevant and even thrive. Radioshack comes to mind, they could have reclaimed their #1 destinati…

I think this is why bookstores even still exist. I know they've reduced greatly in number, but every time I'm in one, I see people sitting with friends, drinking coffee, browsing books.

Re: Stripe and Pinterest

#17

Post by floppydisk »

jonbishop wrote: post #12
floppydisk wrote: post #8

Etsy moves to buy Pinterest in the next week. This would seriously undercut their market. Though how will this handle people pinning other people's products? Does the pinner get a cut if someone buys someone else's product through their pin? How do you verify legitimate retailers?

Not going to happen. Etsy has a market cap of 1.79B[1] whereas Pinterest was valued at 11B in it's last funding round[2]. [1] https://www.google.com/webhp?sourceid=chrome-instant&ion=1&e... [2] http://recode.net/2015/03/17/pinterest-funding-367-million/

Geeze. Didn't realize they'd hit 11B in valuation, though we don't talk about them as often as AirBnB and Uber.

I guess the question then becomes does Pinterest see it as being worthwhile to buy Etsy out or do they just run them out of the market? Etsy shop owners could simply "pin" links to their stuff and voila off we go. It'll probably come down to the cut Pinterest takes from the sales. If they offer a lower % than Etsy, they'll stand a chance at running Etsy out of the market and seeing a higher conversion rate.

Re: Stripe and Pinterest

#19

Post by [deleted] »

amirmc wrote: post #14
jonbishop wrote: post #12

Earlier quoted context omitted.

Not going to happen. Etsy has a market cap of 1.79B[1] whereas Pinterest was valued at 11B in it's last funding round[2]. [1] https://www.google.com/webhp?sourceid=chrome-instant&ion=1&e... [2] http://recode.net/2015/03/17/pinterest-funding-367-million/

So it happens the other way around. Pinterest buys Etsy. ... I can actually imagine that working.

[deleted]

Re: Stripe and Pinterest

#20

Post by jonbishop »

amirmc wrote: post #14
jonbishop wrote: post #12

Earlier quoted context omitted.

Not going to happen. Etsy has a market cap of 1.79B[1] whereas Pinterest was valued at 11B in it's last funding round[2]. [1] https://www.google.com/webhp?sourceid=chrome-instant&ion=1&e... [2] http://recode.net/2015/03/17/pinterest-funding-367-million/

So it happens the other way around. Pinterest buys Etsy. ... I can actually imagine that working.

It doesn't make sense and wouldn't for a while. I don't think the potential would justify the market overlap, the work surrounding an acquisition of that size, and the risk of pissing off other large partners that Pinterest needs right now. Pinterest is still in the very early stages of monetizing and I'd imagine they want to get the current stuff right first.
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