India’s online economy.
From http://ibnlive.in.com/blogs/jaimonjoseph/326/61644/has-paypal-given-you-problems-yet.html
One lakh seventy thousand Indians regularly receive or send money abroad, through the online banking website PayPal. Actually, about 1.6 million Indians are signed up for the service, though not all of them are regular users. That’s according to Anuj Nayar, Director of Global Communications, at PayPal.com.
There are many blogs that claim to cover India’s online industry , but this is one major segment that they conveniently ignore. Facebook and Twitter are the latest fad (slowly replacing Orkut and Myspace), but if they are down, people’s lives are not affected. Nowadays, in many companies in India, the amount of time you spend in office is an indicator of how “hard working” you are, and when there is no real work , employees spend time on these social networking websites, boosting their traffic.
Websites backed by big media houses have the resources to send out Press Releases and get media coverage, but rarely spend any time understanding the customer needs. Most of these companies and their employees have a very patronizing attitude if you are not well known, but in fact their audience is usually limited to India and NRIs, while many online publishers work with advertisers through out the world.
Also motivation levels differ. An employee with a big media firm will just be doing a job, compiling information from various famous websites, at the end of the day they will get their salary. On the other hand, if you own an online business, you are always experimenting with new things, you have to understand the market, find reliable business partners. There is no replacement for practical experience online. The big companies can hire hackers to sabotage your business, hoping you will sell your websites. But no one can take away what you have learnt, and you can always start again from scratch.
Hi Bro, I’m from germany and really like your blog. This post was great btw
Ok but I have a question: Next month I will be in your country because of my job (car-trader) and I’m looking for sites like http://dimida.de (a big german classified ad for every stuff) to sell my cars and other stuff local. Do you know some sites like this? I know there is ebay but I need more sites, to have more chances in your country! Thank you and best regards
(in three days I will look for an answer in your blog)