Will We Ever Have Seamless Shopping Online?
It’s possible that over time that we can develop the equivalent of almost a one-click shopping across the internet.
Kevin P. Ryan is the Founder and CEO of Gilt Groupe, an innovative e-commerce company offering highly coveted products and experiences at insider prices.
In 2007, Kevin along with a founding team created Gilt Groupe as an invitation-only site for coveted women’s apparel and accessories. Today, Gilt Groupe has expanded to include business lines in home décor (Gilt Home); kids & baby (Gilt Kids); men’s apparel and gear (Gilt MAN); artisanal food and wines (Gilt Taste); an online retail store for men’s apparel and accessories (Park & Bond); vacation travel (Jetsetter); local U.S. services and experiences (Gilt City), and has founded the leading flash-sale site in Japan (Gilt Japan).
Kevin is one of the leading Internet entrepreneurs in the United States having founded several New York-based businesses, including Gilt Groupe, Business Insider, and 10gen/MongoDB. Kevin helped build DoubleClick from 1996 to 2005, first as president and later as CEO. He fostered DoubleClick's growth from a 20-person startup to a global leader with over 1,500 employees.
Currently, Kevin serves on the board of Human Rights Watch, the NYC Investment Fund and INSEAD, and is a member of the Yale International Council and the Council on Foreign Relations. He holds a B.A. from Yale University and an M.B.A. from INSEAD.
It’s possible that over time that we can develop the equivalent of almost a one-click shopping across the internet. That has not been setup yet. It hasn’t been setup for content either.
One of the things I would like and almost started a company myself to do is to make sure that I can go on any content site and read articles and be charged for it, maybe a penny a page across hundreds and hundreds of sites and make that truly seamless, but it has to be linked and security issues have to be linked and taken care of.
So that is what has been in the way so far is that there is still is some fraud that occurs for websites by people who have stolen credit cards generally offline, not online out there and that’s getting in the way of perfectly seamless shopping to date.
In Their Own Words is recorded in Big Think's studio.
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