2010
Some Copycats get Rich, but Most of them Screw Up
TechnologyThey screw up, because they have no idea what they are copying.
Yesterday night one of my primary schoolmate told me about his business plan, a web project, more precisely. After a few basketball deathmatches, we were sitting on a bench, getting rest, pumping in as much cold drinks as we can. We were exhausted, but Mr M, the entrepreneur wanna-be seemed to have saved up some energy for his genuis presentation of the plan.
One day not long ago, he read a news about ohmyking.com, a web startup that provides information about food delivery. The operation is simple: they gather menu and leaflets from small food shops (a few chain shops too, like Yeh Lam Kwok Restaurant), scan them, do some categorization and put them online, so lazybones can stick at home and make delivery orders by a few clicks(Two clicks, they claimed. But it is wrong, the first click, pick a target district, the second click, pick a desired food shop, the story is not going to end here, because you still have to pick up a phone and make orders). I tried it, what a great thing!
The website draws over ten thousands clicks every day, which would be monetized in the future, probably by offering advertisement opportunities. Somehow, after reading the news, Mr M got a delusion that the business model could be copied to somewhere else easily. Travel agents, he suggested.
How? The same operation: gather leaflets from travel agents, scan them, categorize them and put them online. He argued that people are lazy enough to go to travel agents in person to learn about package information. OMFG.
If ohmyking.com have created any value, it is by helping users browse and search data(leaflets) which are previously pretty difficult to get. By difficult, I mean
- the data is scattered (there are so many food shops in every districts),
- the data would update frequently (unlike KFC, PizzaHut and so on, small food shops are unlikely to spam your mailbox introducing you some weird new products like Chinese New Year Pizza(雞鮑翅賀年必勝批)) .
Yet, travel information is far from being scattered. A few big travel agents already eat up the majority of the market share. And even if someone is too lazy to visit a travel agent’s physical shop, they can find most of the information on travel agent’s website. Travel agents have high incentive to make information update.
Mr M argued that
- people want to compare travel packages provided from various travel agents, no single website can do that,
- travel agents may want to keep some of their package information offline to prevent competitors from spying on their pricing strategy.
But,
- as I said, there are only a few travel agents (while there are over one thousand food shops on ohmyking.com), so information are not that difficult to gather and make comparison, a website maybe helpful to do the job, but the value created is trivial;
- Not to mention those online travel agents like Zuji and Priceline, I think information are rather transparent in the industry, as I see a flock of travel agents always stick together, just look at those located in Mong Kok, if the afraid-of-spy theory is true they will probably mask up their shops with black curtains. OMG, I think of some adult shops. Anyway, I think travel agents have enough reasons to put everything on the web themselves, look at Hong Tai’s site.
I feel a successful web2.0 project must be able to help people better understand and use data. Sorry Mr M, I let you down, let’s think about something else.
More on the ohmyking.com, I think they can do much better on the search engine, for instance, suddenly I want to eat Yeung Chow Fried Rice, can I search for the keyword and see all food shops available in a district so that I can pick one from? Even the renowed openice.com can’t do this for me, I wonder why.
I got an idea on web project too, trying to work it out. But I need help from programmers. Wish me good luck.








This is Leo Lee. I am Public Affairs consultant based in Hong Kong. I am interested in media, games, finance and technology. You can contact me at woepatra@yahoo.com.

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