Love your website A case for more independence SISTRIX
Love your website A case for more independence - SISTRIX Login Free trialSISTRIX BlogFree ToolsAsk SISTRIXTutorialsWorkshopsAcademy Home / Blog / Love your website A case for more independence
Monopoly is the condition of every successful business.
Zero to One, Peter Thiel From a business perspective, monopolies have a serious advantage: Lack of competition leads to permanently high profits. For the Google, Apple, Facebook, Amazon (GAFA) companies it’s important that the customer relationship lies with them. Only then can access to these customers be permanently and repeatedly resold. In order to retain the customer relationship, they must rule the playing-field. Users then move in the business universe without leaving that playing field. Especially at Apple, but also with Amazon, this is clearly visible. When buying from Marketplace dealers, or through the download of iPhone apps via the Apple Store, there is no direct contact with the providers, only to Amazon and Apple. The Facebook group has learnt, through its dying social network Facebook, to almost complete remove the opportunity to escape Instagram. Only Google has a naturally difficult task. As a search engine, the possibility to leave the platform via matching websites is inherent in the business model. Even here, however, there are ways and means. A separate browser, or HTML “extensions” such as AMP, are both tools which can transform parts of the open Internet into Google’s own playing-field. This status quo won’t change for the foreseeable future because the four large GAFA corporations belong to the (western) Internet. Regulatory efforts by the European Commission have come many years too late and it will take even longer before effects (if any) Are felt. A possible taxation at EU level is farsighted and the fight by interest groups such as the German company VG Wort, based on the new copyright reform, are entertaining, but will not succeed. As entrepreneurs, therefore, we can only make the best of the given circumstances. How does one deal with this situation today? My recommendation: beat the GAFA companies with their own weapons. Acquire direct relationships with your customers, prospects and website visitors, and continue with them through journeys that can’t be monopolised. Of these, there are two relevant ones: your website and direct e-mail communication.
Love your website A case for more independence
Johannes Beus (Author) 02.05.2019The big Internet companies Google, Amazon, Facebook and Apple are the rulers of the (western) Internet. We may be pawns in the game but it’s all the more reason to give your own website more attention. This article explains why. Peter Thiel, the Silicon Valley entrepreneur of German origin and founder of PayPal and Palantir and former Facebook investor, made a core statement in his book Zero to One:Monopoly is the condition of every successful business.
Zero to One, Peter Thiel From a business perspective, monopolies have a serious advantage: Lack of competition leads to permanently high profits. For the Google, Apple, Facebook, Amazon (GAFA) companies it’s important that the customer relationship lies with them. Only then can access to these customers be permanently and repeatedly resold. In order to retain the customer relationship, they must rule the playing-field. Users then move in the business universe without leaving that playing field. Especially at Apple, but also with Amazon, this is clearly visible. When buying from Marketplace dealers, or through the download of iPhone apps via the Apple Store, there is no direct contact with the providers, only to Amazon and Apple. The Facebook group has learnt, through its dying social network Facebook, to almost complete remove the opportunity to escape Instagram. Only Google has a naturally difficult task. As a search engine, the possibility to leave the platform via matching websites is inherent in the business model. Even here, however, there are ways and means. A separate browser, or HTML “extensions” such as AMP, are both tools which can transform parts of the open Internet into Google’s own playing-field. This status quo won’t change for the foreseeable future because the four large GAFA corporations belong to the (western) Internet. Regulatory efforts by the European Commission have come many years too late and it will take even longer before effects (if any) Are felt. A possible taxation at EU level is farsighted and the fight by interest groups such as the German company VG Wort, based on the new copyright reform, are entertaining, but will not succeed. As entrepreneurs, therefore, we can only make the best of the given circumstances. How does one deal with this situation today? My recommendation: beat the GAFA companies with their own weapons. Acquire direct relationships with your customers, prospects and website visitors, and continue with them through journeys that can’t be monopolised. Of these, there are two relevant ones: your website and direct e-mail communication.