"You look at the tremendous success of Facebook. To my mind there is not a lot of commerce going on in these social networking sites. eBay is a community anchored in commerce. It is a commerce site that built a community around it. What has not been proven is if the reverse can happen and people will go to community sites to do commerce"
- Meg Whitman
About this Quote
This quote by Meg Whitman is describing the success of Facebook and how it is not a commerce website. She is comparing Facebook to eBay, which is a commerce website that has developed a neighborhood around it. Whitman is questioning whether the reverse can happen, where people will go to neighborhood websites to do commerce. This suggests that Whitman believes that commerce websites can be successful if they construct a community around them. She is indicating that commerce websites must concentrate on constructing a community in order to be successful. This quote highlights the importance of developing a neighborhood in order to succeed on the planet of commerce.
This quote is written / told by Meg Whitman somewhere between August 4, 1956 and today. He/she was a famous Businessman from USA.
The author also have 30 other quotes.