Showing posts with label amazon 1-click buying. Show all posts
Showing posts with label amazon 1-click buying. Show all posts

Tuesday, April 19, 2011

Yahoo Buzz Going the Way of the Dodo

On Thursday, April 21, Yahoo announced they will be discontinuing "Yahoo Buzz". This follows a growing list of 1.0 social bookmarking sites which are now stopping operations (Del.icio.us - RIP 12/2010 and Propeller.com - RIP 09/2010 to name a few).

Why is this happening? To quote a comment from the article from DailyBlogTips, "I think Facebook and Twitter are better than all others." I believe they are right. Amazon, in 1998, introduced 1-click buying and subsequently increased revenues because all purchasing barriers had been removed. In comparison, all I have to do on Facebook is "Like" a link (effectively giving it a personal testimonial).

Out with the old and in with the new.