India matters more“Indiana really matters. India matters more,” said Leonsis, pointing out that for larger companies, most growth will come from outside the U.S.
While growth for “the biggest companies” comes from serving the entire international marketplaces, local needs are universal.
“There is no bigger business imaginable.” He noted special opportunities in “MoSoLo….the convergence of mobile, social, video.” Mobile will make up 88 percent of digital advertising, he suggested, citing analyst projections.“One thousand cities are ready for MoSoLo.”
Leonsis noted that the largest companies such asGoogle, Microsoft and Cisco are sitting on almost a trillion dollars of retained earnings. “That’s pent-up cash. They will want to fill in their value chains.”
And the best for last !!!! the closed loop system. Can Poynt pull this off ? They seem to be trying to with the Offer Engine read my post about the patent (Link https://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&m=30878321&l=0&r=0&s=PYN&t=LIST ). Even if Poynt can't pull it off alone, if the foundation is there, read the paragraph above describing very deep pockets !
The pursuit of closed loop network is the really big game here, Leonsis noted. Amazon has made everyone an affiliate and a reseller. Similarly, PayPal made made everyone a small business with 100 million-plus accounts for money transfers and payments. EBay has made everyone an entrepreneur.
Moreover, Google has 8 million advertisers on file, and invoices 20,000 advertisers. AmEx has developed a closed loop system of its own, and Groupon has created “curated local commerce.”
The above quotes are from : https://localonliner.com/2012/03/29/5058/
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