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|Mon July 1 2013 11:14:20|
Could Google Mine Be the New Big Thing in Selling?
By: Julia Wilkinson
Google is working on a new product called "Google Mine," which will apparently be a way to catalog/keep track of the items you own or you'd like to have and share some of them with your Google Plus circles, according to a post on the Google Operating System blog.
"Google Mine lets you share your belongings with your friends and keep up to date with what your friends are sharing. It enables you to control which of your Google+ Circles you share an item with. It also lets you rate and review the items, upload photos of them and share updates on the Google+ Stream where your friends get to see and comment on them," reports the blog.
"Did Google Just Decide to Kill Craigslist and eBay?" asked Tim Beyers of The Motley Fool, in an article that speculated on the impact the still-in-testing service might have. "Not only could you share notes about your collections, or document valuables for insurance purposes, but you could also Imagine a barter system whereby you sell or trade via Google+, with any money exchanged via Google Wallet," speculated Beyers. And "a tailored credit or debit card might not be far behind," Beyers says in a video embedded on the article page.
He says in the video that he could, for example, post his entire comic book collection on Google Plus. "And if someone wants to make me an offer on some of my comics, they can do that," he says. The thought is this could lead to either a lot of online bartering or maybe a market where Google Wallet is the payment method of choice.
A lot is still up in the air, of course. But I have often wondered if there was some fast, easy way of listing a lot of what you own quickly, and have that open up to the global marketplace. Let's say you could list the entire contents of your closet with just a Twitter-like one-liner description for each item, all in one text post. Don't even bother adding photos unless someone asks for them.
All this remains to be seen. And Google Plus, some say, has a long way to go before it infiltrates our daily lives the way Facebook has for so many. But people aren't exactly buying and selling like wildfire on Facebook, either.
All Google will say, of course, is it is always working on new things.
What are your thoughts on this potential new way of trading goods online? Could this disrupt eBay, Craigslist, and other online marketplaces? Post a comment here!