From Galileo to Gigabucks
2005-12-29 08:03 | Permanent Link | LocativeThanks Ed, for making me think so early in the morning. Ed's blog entry for today asks about how Galileo will make any money.
It all points to Google. Or Yahoo. Or Mircosoft. Or A9.
Perhaps one of them will invest in Galileo, offer targeted ads, and we won't have to worry about the money. Google, etc. will make their money from knowing where the consumers are. And as consumers we'll be literally voting with our feet. Imagine Google being able to substantiate that there really are 30 people waiting for tables at Chez Burger but the lines at Fred's Fries are short.
It's all over but the details. I search for "Fish & Chips" on my handheld device. Google tells me what's close, what's on the menu, and how crowded the places are. I pick one, go there and buy dinner. Google can easily prove that I showed up because of my search and their results. What's more, I'll won't pay full price for my dinner since I'll be collecting my reward for having used Google to get there.
If you think consumers won't go for this, the "search reward" is happening already. I signed up for the A9 Instant Reward program the minute I heard about it. I save 1.57% (π/2%) on all my Amazon purchases as a result.