Bizbuzz is a competition organized by the students from National University of Singapore (NUS) in Silicon Valley, Bio Valley, Shanghai & Stockholm. It is a case study based competition where each team is given a case study which needs to be analyzed and presented to the jury in Stanford. The rules are pretty simple & each team needs to have atleast a local student (from KTH, Stanford, Wharton & Fudan) along with the folks from Singapore.
Myself, Bernice & Serdar Temiz are pairing up to form a team. The competition is on this Saturday and the case study is already out. It is a very interesting case on a Web 2.0 based e-Commerce company in Palo Alto called Zazzle. They allow users to choose / design their merchandise which will be shipped within a day. As you might have guessed, it is pretty much only in the US and so I have never tried it before. But in general, I think I need to choose / try my dress before I buy and hence I am not a great fan of e-commerce clothing. At the same time, I think there are millions if not billions who love this & are hooked onto such stuff. Zazzle is not just a user generated e-commerce store but also allows one to make money by putting up designs in their market place – something like on demand merchandising combined with selling.
I have just read some articles about their revenue sharing agreement with MySpace & Facebook but not actually managed to find what is the question / issue to be addressed. Hopefully I get this done by tomorrow in time for Saturday’s presentation.
