| LED Digest 2093: A Thriving Second Life |
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================================================== The LED Digest Moderated Discussion List "Effective Online Advertising, Since 1997" pair Networks: The LED's Web Host Hosting and Domain Reg. from a Trusted Leader pair.com for Hosting | pairNIC.com for Domains ================================================== List Moderator: Published by: Adam Audette LED Digest adam, led-digest.com http://www.led-digest.com .............................................. February 9, 2006 Issue #2093 .............................................. .....IN THIS DIGEST..... ====== NEW ===================== <Moderator Comment> ~ A Thriving Second Life "The Marketplace currently supports millions of US dollars in monthly transactions." ==== CONTINUING ================= --== Shopping Cart Abandonment ==-- ~ Vicki Lambert "The biggest one is the hassle factor that I encounter when trying to check out." ~ Rick Gortatowsky "When the customer goes to store their [cart] there are actions that can be taken." --== Secure Servers ==-- ~ Tom Aman "...it might be a neighbourly thing to contact the site and let them know of the situation." ==== BILLBOARD =================== --== Phish Spam ==-- ~ Andreas Huttenrauch ~ James Miller
========== NEW ====================================
<Moderator Comment>
Greetings LEDer,
Do you know anything about "Second Life"? It's a virtual reality
online gaming world. That's nothing new -- the interesting thing is
the marketplace that its developers intended. Members of Second Life
(no doubt in their deep desires to have a different life than the
one they've got) create avatars, homes, and even stuff to sell to
other Second Lifers.
Here's a description of what it's all about from the Second Life
site:
------------------
"Second Life is a 3-D virtual world entirely built and owned by its
residents... today it's inhabited by nearly 100,000 people from
around the globe.
- From the moment you enter the World you’ll discover a vast digital
continent, teeming with people, entertainment, experiences and
opportunity. Once you’ve explored a bit, perhaps you’ll find a
perfect parcel of land to build your house or business.
- You’ll also be surrounded by the Creations of your fellow
residents. Because residents retain the rights to their digital
creations, they can buy, sell and trade with other residents.
- The Marketplace currently supports millions of US dollars in
monthly transactions. This commerce is handled with the in-world
currency, the Linden dollar, which can be converted to US dollars at
several thriving online currency exchanges."
------------------
Here's an interesting story about this phenomenon at Wired:
http://snipurl.com/mcph. From the article:
------------------
"It's not just a game anymore," said online artisan Kimberly
Rufer-Bach. "There are businesses, nonprofits and universities"
taking advantage of the online world.
"With users now numbering over 130,000, game-maker Linden Lab
estimates that nearly $5 million dollars, or about $38 per person,
was exchanged between players in January 2006 alone. Working in
Second Life is "the same as working in London and sending money home
to pay the rent for your spouse," said company CEO Philip Rosedale."
------------------
It seems people are making some pretty good coin in this game. This
whole thing reminds me of William Gibson's "Neuromancer."
It's all pretty bizarre to me, but hey - whatever floats the old
boat.
What do you think of evolving new "virtual markets" like this? I'd
love to hear your thoughts.
Best wishes,
adam
======== CONTINUING ===============================
From: Vicki Lambert
Subject: Cart abandonment
I also agree that trying to get the shipping costs is one of the
reasons I will abandon a cart. But there are other reasons as well.
The biggest one is the hassle factor that I encounter when trying
to check out.
I do 95% of all my shopping online. The only thing I don't buy
online is make-up, groceries (I use to) and gas for my car. And if a
site makes it too much work to check out, then I am gone. I don't
shop at Wal-Mart (among other reasons) for the same thing. I don't
like to spend my time shopping just to spend more time waiting to
check out.
Just the other day, I went to a new site to get something and by the
time I had to set up an account, think up three different user IDs
because someone already had that one, answer the questions, give
opinions, I said the heck with this. The sites that have me coming
back time and time again are the ones that make check out simple.
No user ids, no passwords, nothing. Just go to the shopping cart,
put in my card and identifying info and I am done.
I understand that it is important to gather info from the site as to
who is buying, but if I had to do that just to enter a brick and
mortar store, I wouldn't waste my time so why should I do it on line?
Vicki Lambert
------- new post - same topic ------
From: Rick Gortatowsky
Subject: Cart abandonment
> ... are there any comparisons between brick-and-mortar
> abandonment and Internet abandonment?
- Beth Ann Earle, LED 2088
I've kept rather silent during all this. Do people abandon shopping
carts in retail? Most certainly. At the rate of the Internet? Not
even close. No statistics are needed to figure this one out, your
local Walmarts would be swimming with carts (vs returns! :) LOL).
Reality here is people on the web abandon shopping carts because
they can without anyone taking any notice. Now some eGuru's can tout
all the statistics they please. Reality again is in a high traffic
consumer based economy, nation does not matter... People LOVE to
shop! Shop! Shop! Shop! Does not mean they can afford to actually
purchase.
Whomever did these statistics it's all curious yes, but surprising?
Not at all. See... Marketing and sales economics 101 in college
states if you do not capture the sale at the point the consumer is
shopping odds are you simply will not capture that sale. It's no
different than someone going into brick and morter and browsing. The
difference on the net is they can put things in a shopping basket so
they do. When they store that shopping basket they are storing it
because A. They dont have the money right now or B. They are going
to look elsewhere before consumating the formal purchase.
Again, "Sales 101" if you do not capture the sale as the consumer is
shopping odds are you never will.
Sites should get smart. When the customer goes to store their
shopping basket there are numerous options / actions that can be
taken. We can call it "Layaway" just like retail. The customer need
have the credit card entered in order to do this. With that time
payments can be made or if payment is not forthcoming a penalty paid
just like the retail. Or, we can attempt to charge a storage fee for
the cart, "A $5 charge (whatever) will be applied to hold this cart,
the $5 upon completion of your order will be applied to the purchase
price... blah blah terms blah terms blah duration days... blah blah".
Sites can be promotional... If a cart has $400 of stuff in it,
perhaps a email of "Complete this and it ships free" or "10% off if
you act within 24 hours".
The keywords thus are to cherish the consumer who really is
serious... "I will pay on Friday" and get those who wont even spend
$5 or work a layaway deal to not store carts.
Still... odds are if the consumer leaves the site after initial shop
& drop they wont be paying for that stored cart. What does retail
do? They run sales, they say in flyers "Limited Availability" (even
when those limts are sizeable), a favorite, "Only a few left!"...
Capturing sales can result from percieved pressure, "If I dont get
it now then this place might not have it tomorrow".
If consumers could walk into any brick and morter retailer fill up
shopping carts and then walk out the door as "store policy" know
what? Be no room in the store for the rest of us to get in and shop!
This aspect of the Internet is no different than all internet
communication. Since it is disconnected, not face to face often
people do things they would never do when people are around their
person.
If sites partition the serious buyer from the buyer who is not by a
small fee, lay-away... Get that card on file in other words then the
serious go, "Ok... no problem". Those just having a shopping attack
never really intending or affording consumating the sale will not
store the carts.
Sincerely,
Rick Gortatowsky
------- new post - new topic ------
From: Tom Aman
Subject: Secure servers
> I closed out of the page without placing my
> order... can there be encryption and stuff
> on a page without the https://~ in the URL?
- Tom Anson, LED 2090
It does not really matter whether the page where you enter your
credit card information is http or https. Up to the point where you
actually click the button to *send* the credit card information, it
is not really necessary to use any encryption.
BUT, the URL used when the credit card information is sent must be
https to ensure the info is encrypted. Of course the problem is,
that until you click that button, you have no way of knowing (unless
you actually check out the page source).
An example:
If you use Yahoo mail, you can login via a page using the URL
http://mail.yahoo.com. Note that this is an http URL, not an https
URL, yet under the Sign In button it says "New Submits over SSL"
(meaning https).
When I do the Sign In, I end up at my mail page, again an http page.
There is no indication that https was ever actually used.
However, if I look at the HTML source for the Sign In page it uses a
form and this includes:
action="https://login.yahoo.com/config/login_verify2?" So the actual
ID and Password are submitted via a secure connection.
In Tom Anson's case, my own GUESS is that the info is encrypted if
the site's claims are true and that what was actually experienced
was a poor design decision. The page where the credit card
information was collected should have been an https (i.e. encrypted)
page so the user would have confidence in submitting credit card
information with reasonable assurance that the info would, in fact,
be encrypted. Tom, if you have the time, it might be a neighbourly
thing to contact the site and let them know of the situation.
Tom Aman
Aman Software
==== BILLBOARD ===================================
From: Andreas Huttenrauch
Subject: Phish spam
> How many of these e-mails do people
> get? And who are they from?
- James Miller, LED 2090
In time, I've learned to smell a phish when I see a phish, and
usually just ignore them.
A few months ago I did see one which intrigued me though. The
English was actually OK, and they made it look like a plain text
message, but it was in HTML, so the URLs didn't go where they said
they'd go.
For some reason I decided to check it out anyway, and what I saw
astounded me. I still haven't figured out how they did this, but
they managed to overwrite the URL in the browser with a fake domain.
It looked like an image was used for this, which was meant to be
placed over the URL in the address bar.
Luckily, I was running the Google toolbar, so the fake URL ended up
in the wrong place, but if it landed on the actual address bar, it
would have been really hard to catch this phish.
When in doubt, try looking at the message in a plain-text client or
webmail where you can be guaranteed that what you see is really
plain text only, and the URLs you see are true to themselves.
Andreas Huttenrauch
Globi Web Solutions
-------- new post - same topic --------
From: James Miller
Subject: Phish spam
You ask why I would never bank with a company that gets lots of
phishing e-mails.
If they are the targets of crooks, then it is likely that their
security is not as good as the other banks. So why should I take
the risk. I’d like to see banks be made to publish how much they
lose to fraud and in which ways.
It is interesting you mention Halifax and Barclays. These are the
two banks that I get most phishing for, other than PayPal and eBay.
One trick I have done with PayPal is to make my primary address,
james,daisy.co.uk, but set james.miller,daisy.co.uk as the address
that PayPal uses to communicate with me. If I get anything for
james from PayPal, then it’s spam. As I never publish the other
e-mail, no-one can associate it with my PayPal account.
James Miller
Daisy Analysis
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