The Middle East’s largest online auction and buying site has decided auctions are so last decade.
From the beginning of 2011 sellers won’t get the option to sell their products in an auction. It’s fixed price, or none at all.
The decision comes as a shock to many as Souq.com, which opened its doors to the public in 2005 and has since launched in 5 countries in the region, has always been portrayed as the eBay of the Middle East. At least in terms of online auctions, not anymore.
“We (and most of our sellers) want to offer the best online shopping experience to users in the region, and this is one step along the way to support this goal.” said CEO and Founder of Souq.com Ronaldo Mouchawar in an email about the recent shift.
This change, as most in life, will have its supporters and detractors. The good thing is, it looks like a only slim minority might end up annoyed.
To illustrate the above, lets say you’re a painter and you work from home during your spare time. I’m one of those who believe art has no price, but since it’s good to have paint to create priceless masterpieces, putting the occasional price tag on your work isn’t entirely evil. The only problem with that is how do you put a price tag on art in the first place? Van Gough considered giving money for art is as important as being an artist yourself. That’s where auctions come in strong.
By putting up a painting to sell through an auction, the seller allows the highest bidder to give her as much it takes to win the auction, or otherwise ask to ‘Buy Now’ according to a price the seller sets. Will this shift be good for those who realistically don’t know how much their work is worth? I would say no.
On the flip-side regional retail stores tend to invest large amounts of money to put their products online on their own, and usually fail miserably. Many factors come into play, but the most obvious are a large user base and an easy to use website to buy from.
This encouraged Souq.com to build a platform for merchants and retail stores to offer their products on Souq through fixed prices (almost all the time), and through Souq Stores which are customizable online outlets for retailers such as UAE’s
She claims she’s known since 2006 that this would be her last term. Could be, but (a) she’s changed her mind about the Senate before and (b) getting blown out by Rick Perry in the gubernatorial primary last year surely must have brought home to her what a 2012 primary would look like. Tea partiers want this seat, and one way or another, they’re probably going to get it. Why put herself through another brutal, expensive primary that’s likely to end in embarrassment?
I wonder what Olympia Snowe’s thinking right now.
Hutchison, first elected to the Senate in 1993, said the swearing-in of the new Congress, among other things, made her feel it was the right moment to announce her resignation.
She predicted that her departure from the political scene would set off a rampage of candidates looking to replace her.
“It’s just time for people to start making their plans,” Hutchison said. “Now it’s time for a new person.”
Likely Republican contenders to succeed her include Lt. Gov. David Dewhurst, Dallas Mayor Tom Leppert, state Sen. Florence Shapiro of Plano, Railroad Commissioners Elizabeth Ames Jones and Michael Williams, Weatherford car dealer Roger Williams, and Ted Cruz, a former Texas solicitor general and candidate for state attorney general.
Sound off, Texans: Who’s the favorite? Heard a lot of excitement for Williams on Twitter today after the news about KBH first broke. Via his campaign website, here he is on big government and health-care reform.
Update: A source familiar with Texas politics handicaps the race thusly:
The most amazing thing here is the level of talent that will be competing for this seat. There are several GOP candidates who are viable and would be good to great senators if elected.
Inside track – Lt Gov David Dewhurst. He’s a billionaire, so he can fund the race and defend the seat, and he holds what is actually the most powerful post in Texas government, so he has been collecting chits on this run for years.
Track 2 – AG Greg Abbott. The grassroots and Tea Parties adore Abbott. He has championed the anti-ObamaCare lawsuit, and is one of Texas’ absolute best stump speakers. He has also led a crackdown on deadbeat dads, which has earned him a lot of support in the middle.
Track 3 – Roger Williams. Former Texas Secretary of State, and he chaired the state Victory effort in 2008, raising $5 million in a couple of months. He’s wealthy, sharp, and may have the most experienced campaign talent on his side.
Track 4 – Michael Williams, Elizabeth Ames Jones, state Sen. Dan Patrick, former solicitor general Ted Cruz. Williams and Jones are both on the Railroad Commission, Williams has major grassroots support and is mindblowingly good at stump speeches, Patrick has a major Houston radio show and is very media savvy and well liked, Jones has money and some major backers of her own. Cruz is a bit of a dark horse (as is Patrick) but the grassroots love him and he’s also great on the stump. None of these candidates are bad candidates. All have held or currently hold major offices.
It will be a fascinating race to watch. There may be 20-25 candidates total on the GOP side, compared to 2 or 3 on the D side, with former Houston mayor Bill White leading that field. He was a terrible candidate for governor, no reason to think he’ll be any better running for Senate. The GOP keeps the seat, and chances are, gets a more conservative senator.
Source:http://removeripoffreports.net/
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