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Samwers Clone Stripe

paymill.de

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Re: Samwers Clone Stripe

#161

Post by pbreit »

Gring wrote: post #28

I don't get it. Why do US net startups very often make the same mistake of not expanding into the whole world quickly? It took eBay something like 4 years to go to Germany, by which time there was a local clone there that proved to be uncatchable. The expensive result was that eBay had to buy the clone (Alando) for 43 million dollars to become relevant. Kickstarter is still US-only. Stripe as well. So are countless o…

This is a disastrously limited view of what it takes to roll out a good service in a different country while retaining a good service in the home country.

Re: Samwers Clone Stripe

#162

Post by yen223 »

shell0x wrote: post #100

Sure, startups & companies should operate worldwide, but the Samwer business model is really scummy. I could understand if they would build the clone with the background to avoid monopols, but they just try to fill a niche market with a stolen idea and make money with it. Just look at http://www.lazada.com.my/ , an amazon clone for countries, where amazon doesn't operate(d) yet. They even use the same layout. I would…

As a Malaysian, I know more people here who use Amazon.com than those who use Lazada.com.my, even though Amazon doesn't technically serve our country.

Branding and the first-mover advantage are very important.

Re: Samwers Clone Stripe

#163

Post by shell0x »

yen223 wrote: post #162
shell0x wrote: post #100

Sure, startups & companies should operate worldwide, but the Samwer business model is really scummy. I could understand if they would build the clone with the background to avoid monopols, but they just try to fill a niche market with a stolen idea and make money with it. Just look at http://www.lazada.com.my/ , an amazon clone for countries, where amazon doesn't operate(d) yet. They even use the same layout. I would…

As a Malaysian, I know more people here who use Amazon.com than those who use Lazada.com.my, even though Amazon doesn't technically serve our country. Branding and the first-mover advantage are very important.

Interesting, thanks for bringing this up. Does amazon.com charge extra money for the delivery to Malaysia or do they ship for free, because they doesn't serve Malaysia(yet)?

Re: Samwers Clone Stripe

#164

Post by yen223 »

shell0x wrote: post #163
yen223 wrote: post #162

Earlier quoted context omitted.

As a Malaysian, I know more people here who use Amazon.com than those who use Lazada.com.my, even though Amazon doesn't technically serve our country. Branding and the first-mover advantage are very important.

Interesting, thanks for bringing this up. Does amazon.com charge extra money for the delivery to Malaysia or do they ship for free, because they doesn't serve Malaysia(yet)?

International shipping to Malaysia is almost definitely not free.

Re: Samwers Clone Stripe

#165

Post by junto »

vitno wrote: post #149
Gring wrote: post #28

I don't get it. Why do US net startups very often make the same mistake of not expanding into the whole world quickly? It took eBay something like 4 years to go to Germany, by which time there was a local clone there that proved to be uncatchable. The expensive result was that eBay had to buy the clone (Alando) for 43 million dollars to become relevant. Kickstarter is still US-only. Stripe as well. So are countless o…

I was actually talking to the Stripe president about this. He was talking about the difficulties in expanding to new monetary markets and how they have to partner with banks and such. However, They are expanding to Canada, UK, & Germany very soon.

I just hope that Stripe don't make the mistake of forcing users who want to operate in Germany of using the site in German. Paypal assumes that everyone is German, who is in Germany. I live in Germany and I'm not German. I know lots of other people here who aren't German. Europe has a fluid movement of people between different countries. Physical location and language preference have no direct relationship over here.

US startups needs to heed this advice. The minute you plugin that IP-to-geolocation technology, remember it is a guide, not a rule and it definitely does not translate to a language preference.

What puts me off Paymill is that I have no way of choosing a language preference. If I could select English I'd be there like a shot.

Google translate only goes so far...

Re: Samwers Clone Stripe

#166

Post by Gring »

runako wrote: post #117
Gring wrote: post #28

I don't get it. Why do US net startups very often make the same mistake of not expanding into the whole world quickly? It took eBay something like 4 years to go to Germany, by which time there was a local clone there that proved to be uncatchable. The expensive result was that eBay had to buy the clone (Alando) for 43 million dollars to become relevant. Kickstarter is still US-only. Stripe as well. So are countless o…

Some suggested reasons, to add to the others cited: 0. You're obviously speaking mostly about startups that primarily interface with moving money or physical goods. Regulations and infrastructure in these areas are not insignificant operations. US startups working outside these areas (e.g. Facebook, Zynga, Stack Overflow) don't stop at US borders. - Each market has its own customs, language, and tone. Marketing into…

Great points.

Re: Samwers Clone Stripe

#167

Post by Ecio78 »

mhd wrote: post #89
Ecio78 wrote: post #64

Earlier quoted context omitted.

Yet i'm still tryin to understand why an international bank wire transfer without currency exchange (EUR -> EUR) and within UE (actually from Switzerland to Italy), is taking one week or more to arrive...

Italian banks don't exactly have a stellar reputation, maybe paying the fines is cheaper than upgrading the software?

I dont think it's a software problem (wire transfer between italian accounts are sent in one day thanks to the cited european law), somebody told me they're cheatin on this so they can have liquidity that they can borrow to customers. Having said that, many financial services are cheaper in italy than in Switzerland or UK if you dont include taxes.
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