18 Nov 07 Lasoo makes some big moves

“According to Hitwise data, Lasoo.com.au in its short existence has managed to capture 5.34% of the Shopping & Classifieds – Department stores classification and is ranked as the 7^th Australian website (today) in this classification.”

It has been a busy couple of weeks, but the trends and feedback have been overwhelmingly positive. Growth continues to steam ahead towards a much more efficient market benefiting retailers and consumers. Christmas spirit seems to be in full swing with the top search terms being; camera, ipod, wii, dvd, television and Christmas

One can only imagine the impact this will have when people begin to browse Lasoo on their phones - quite possibly with the release of Opera Mini 4 Beta.

It seems, when market information is unlocked it enables a far more efficient market by providing information without the cost of transport and time, and by providing real-time feedback for supply and demand management. A fantastic case study of this is outlined in this economist article on how mobile information effected a fishing market.