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	<title>Comments on: Buffering the economic meltdown using web 2.0</title>
	<link>http://www.techleader.co.za/readerblog/2009/04/17/buffering-the-global-economic-meltdown-in-south-africa-using-web-20-applications/</link>
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	<pubDate>Sat, 11 Feb 2012 18:00:05 +0000</pubDate>
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		<title>By: April</title>
		<link>http://www.techleader.co.za/readerblog/2009/04/17/buffering-the-global-economic-meltdown-in-south-africa-using-web-20-applications/#comment-25545</link>
		<author>April</author>
		<pubDate>Mon, 20 Apr 2009 17:00:57 +0000</pubDate>
		<guid>http://www.techleader.co.za/readerblog/2009/04/17/buffering-the-global-economic-meltdown-in-south-africa-using-web-20-applications/#comment-25545</guid>
		<description>The banks "commission" on e-commerce is obscene. I did an exercise for one of my client the other day - we worked out that the bank would receive around 12% on every transaction, and possibly more on international payments. They were offering no value add, and in fact quickly made it clear that they wouldn't take on any risk. 

We're investigating Setcom - we won't need a merchant account.</description>
		<content:encoded><![CDATA[<p>The banks &#8220;commission&#8221; on e-commerce is obscene. I did an exercise for one of my client the other day - we worked out that the bank would receive around 12% on every transaction, and possibly more on international payments. They were offering no value add, and in fact quickly made it clear that they wouldn&#8217;t take on any risk. </p>
<p>We&#8217;re investigating Setcom - we won&#8217;t need a merchant account.
<p align="right"><a href="javascript:void(0)" title=""  onmouseover="window.status=''; return true" onmouseout="window.status=''; return true" onclick="ddrc_popup('http://techleader.co.za/wp-content/plugins/dd-report-comments/report.php?c=25545', 400, 400)">(Report abuse)</a></p>
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		<title>By: Moosa Gani</title>
		<link>http://www.techleader.co.za/readerblog/2009/04/17/buffering-the-global-economic-meltdown-in-south-africa-using-web-20-applications/#comment-25541</link>
		<author>Moosa Gani</author>
		<pubDate>Mon, 20 Apr 2009 11:55:05 +0000</pubDate>
		<guid>http://www.techleader.co.za/readerblog/2009/04/17/buffering-the-global-economic-meltdown-in-south-africa-using-web-20-applications/#comment-25541</guid>
		<description>Good Article, Very nice read. Just to simplify it more for the average laymen. Web 1.0 are websites where by the publisher provides the content. i.e. Microsoft. Web 2.0 websites are community/people powered and rely on the "users" to provide content. i.e. myspace, facebook, etc..

Essentially from a business perspective Web 2.0 technologies and methodologies provide smaller businesses the opportunity to be as proficient, effective, transparent and most importantly give the perception of a larger company (even though it could be run by 1 or 2 people)... 

Business is all about perception. Companies spend decades and large amounts of money to build their brand over the years. With the right amount of "eMarketing" you could be giving your Blue Chip counterpart a run for their money every step of the way.

Basically Web 2.0 from a business usage perspective bridges the gaps between what large corporates have to through to get to where they are at a fraction of the cost. If utilized correctly it will also give you a much larger audience.

The challenges we face now is that there aren't enough people using the internet to render the above statement true in SA. Mind you that is all about to change. Having said that, the winners in this race will be the ones to adopt such technologies now so that when the onslaught of internet users come to the party, they'll be streets ahead of the game.

One of the largest inhibiting factors that slows growth down in our Online Commerce capabilities is the monopoly held by our banks, and the fact that the SA Reserve Bank and SARS wont allow Paypal into this country. 

Hopefully one day we'll get leaders who know how to be progressive in their leadership.</description>
		<content:encoded><![CDATA[<p>Good Article, Very nice read. Just to simplify it more for the average laymen. Web 1.0 are websites where by the publisher provides the content. i.e. Microsoft. Web 2.0 websites are community/people powered and rely on the &#8220;users&#8221; to provide content. i.e. myspace, facebook, etc..</p>
<p>Essentially from a business perspective Web 2.0 technologies and methodologies provide smaller businesses the opportunity to be as proficient, effective, transparent and most importantly give the perception of a larger company (even though it could be run by 1 or 2 people)&#8230; </p>
<p>Business is all about perception. Companies spend decades and large amounts of money to build their brand over the years. With the right amount of &#8220;eMarketing&#8221; you could be giving your Blue Chip counterpart a run for their money every step of the way.</p>
<p>Basically Web 2.0 from a business usage perspective bridges the gaps between what large corporates have to through to get to where they are at a fraction of the cost. If utilized correctly it will also give you a much larger audience.</p>
<p>The challenges we face now is that there aren&#8217;t enough people using the internet to render the above statement true in SA. Mind you that is all about to change. Having said that, the winners in this race will be the ones to adopt such technologies now so that when the onslaught of internet users come to the party, they&#8217;ll be streets ahead of the game.</p>
<p>One of the largest inhibiting factors that slows growth down in our Online Commerce capabilities is the monopoly held by our banks, and the fact that the SA Reserve Bank and SARS wont allow Paypal into this country. </p>
<p>Hopefully one day we&#8217;ll get leaders who know how to be progressive in their leadership.
<p align="right"><a href="javascript:void(0)" title=""  onmouseover="window.status=''; return true" onmouseout="window.status=''; return true" onclick="ddrc_popup('http://techleader.co.za/wp-content/plugins/dd-report-comments/report.php?c=25541', 400, 400)">(Report abuse)</a></p>
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		<title>By: April</title>
		<link>http://www.techleader.co.za/readerblog/2009/04/17/buffering-the-global-economic-meltdown-in-south-africa-using-web-20-applications/#comment-25534</link>
		<author>April</author>
		<pubDate>Sun, 19 Apr 2009 09:21:59 +0000</pubDate>
		<guid>http://www.techleader.co.za/readerblog/2009/04/17/buffering-the-global-economic-meltdown-in-south-africa-using-web-20-applications/#comment-25534</guid>
		<description>Don't get too excited. I've been involved with interactive websites for more than 12 years now and the biggest struggle is to get people to publish anything at all. The over-30's know that knowledge is power and keep it to themselves; the youngsters who were raised on emails and SMSs struggle to put coherent articles together. 

Blogging (I mean good, serous articles like this one) is being replaced Twitter - a world where 140 characters is our attention span. Google has helped us refine our reading to the point where we get the answer in one paragraph, neatly highlighted. We don't get any practice reading, assimilating or analysing. Web 2.0 is for a world where everyone contributes to the sum of knowledge for the greater good - I'm not sure we are there yet!</description>
		<content:encoded><![CDATA[<p>Don&#8217;t get too excited. I&#8217;ve been involved with interactive websites for more than 12 years now and the biggest struggle is to get people to publish anything at all. The over-30&#8217;s know that knowledge is power and keep it to themselves; the youngsters who were raised on emails and SMSs struggle to put coherent articles together. </p>
<p>Blogging (I mean good, serous articles like this one) is being replaced Twitter - a world where 140 characters is our attention span. Google has helped us refine our reading to the point where we get the answer in one paragraph, neatly highlighted. We don&#8217;t get any practice reading, assimilating or analysing. Web 2.0 is for a world where everyone contributes to the sum of knowledge for the greater good - I&#8217;m not sure we are there yet!
<p align="right"><a href="javascript:void(0)" title=""  onmouseover="window.status=''; return true" onmouseout="window.status=''; return true" onclick="ddrc_popup('http://techleader.co.za/wp-content/plugins/dd-report-comments/report.php?c=25534', 400, 400)">(Report abuse)</a></p>
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		<title>By: Enterprise 2.0 &#171; The Inside View</title>
		<link>http://www.techleader.co.za/readerblog/2009/04/17/buffering-the-global-economic-meltdown-in-south-africa-using-web-20-applications/#comment-25530</link>
		<author>Enterprise 2.0 &#171; The Inside View</author>
		<pubDate>Fri, 17 Apr 2009 20:09:21 +0000</pubDate>
		<guid>http://www.techleader.co.za/readerblog/2009/04/17/buffering-the-global-economic-meltdown-in-south-africa-using-web-20-applications/#comment-25530</guid>
		<description>[...] continues to roll out in the tech world; everything from folks &#8220;just getting it&#8221; (like this blog post at Tech Leader) to others already putting on yearly conferences on the theme. We&#8217;re excited to be a part of [...]</description>
		<content:encoded><![CDATA[<p>[&#8230;] continues to roll out in the tech world; everything from folks &#8220;just getting it&#8221; (like this blog post at Tech Leader) to others already putting on yearly conferences on the theme. We&#8217;re excited to be a part of [&#8230;]
<p align="right"><a href="javascript:void(0)" title=""  onmouseover="window.status=''; return true" onmouseout="window.status=''; return true" onclick="ddrc_popup('http://techleader.co.za/wp-content/plugins/dd-report-comments/report.php?c=25530', 400, 400)">(Report abuse)</a></p>
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