Multiply is a tool for entrepreneurs. It acts as a pseudo website to showcase the latest wares of their online shop. The advantage of using it is that it is very easy to setup and maintain. You don't have to pay for domain names and site maintenance because it's free. Yep the best things in life are for free.
With 15 million registered users of which 5 million are Filipinos, entrepreneurs gain instant access to a lof of potential shoppers. Now tell me who wants to refuse free advertising to such a wide market?
Expectedly, there are 2000 Filipino sellers using Multiply. Multiply realizes that there is a lot of money transactions going around the market place. The company comes up with ecommerce marketplace, where online shoppers can browse tens of thousands of virtual store fronts.
Do I sense an upcoming bazare? How convenient can that be? Shopping and bargaining right at the comfort of my home. I can smell my new shoes already.
Friday, January 29, 2010
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