By Vinod Kumar PromotionWorld.com Contributing Author Monday, July 23, 2007; 12:10 AM
Four Houston entrepreneurs are launching a search engine today that they hope will challenge the likes of Google and Yahoo.
Frustrated
with the results they get from other search engines, Neal Verma,
founder and CEO of iRazoo.com, and three friends with technology
backgrounds have spent their evenings and weekends — and an undisclosed
amount of money — over the last eight months developing iRazoo.
Now
they'll have to prove it works by drawing enough users, who in turn
will attract advertisers to fund the company in a business where a
handful of companies dominate.
They're betting they have a
better approach to search — a site designed to highlight the most
useful sites by seeking input from users who can earn rewards by voting
for, or against, Web sites.
Even though 97 percent of Internet
searches are done on Google, Yahoo, MSN, Ask and Time Warner, according
to comScore, there are hundreds of smaller search engines.
Newcomers
keep trying because there is a lot of money to be made, said James
Lamberti, senior vice president for comScore, which measures Web usage
and ranks search engines by use.
In the U.S. alone, companies
are spending $17 billion a year in online advertising, and 40 percent
of that is spent on search engine sites, he said.
"There's still a ton of activity in this field," he said. "A lot of people think they can build a better mousetrap."
But
it's very difficult to catch on. Hundreds of companies like iRazoo have
started search engines. Not since Google emerged five years ago has a
search engine really gotten traction, Lamberti said.
Those dominant search engines are always in a buying mood as they try to find niches that will catch on with users, he said.
In
the technology world where paradigms can change faster than Google can
find 63.5 million hits for "monkey," Verma pointed to that top
competitor as evidence iRazoo can succeed.
Google may dominate now, but it, too, had humble beginnings, he said.
Last
year, google — with a small "g" — knew it had arrived when it became an
official dictionary entry. Members of the iRazoo team can dream of the
day when their search engine makes the dictionary, but they could live
with one of their targets taking notice and paying them a few million
bucks for iRazoo.com.
"Either way is fine with us," Verma said.
For now they need to prove their site's features will appeal to users and return better search results.
•
Users can recommend sites that come up in their searches. If a link had
useful information, a user can vote to recommend it to others. If not,
the user can vote against it. Sites that get good recommendations will
show up at the top of future searches. Sites that get more "no" votes
than "yes" votes eventually will be dropped.
• Users earn points
every time they vote. When they earn enough points, they can redeem
points for digital cameras, iPods and other gadgets. Each
recommendation earns 2 points, and an iPod Shuffle costs 58,000 points.
•
When users search for a term, iRazoo puts a thumbnail screen shot of
the site next to the search result, allowing users to preview the page
before linking to it. Only once To prevent users from
manipulating the system — sometimes known as "Google-bombing" as in the
recent example that got Comedy Central host Stephen Colbert listed as
the top result when searching for "greatest living American" — iRazoo
requires users to log in, and they can only recommend a particular site
once, Verma said.
The iRazoo site also tracks users by the
unique address on their computers, and one user can only vote for a
site once per computer, Verma said.
"You'd have to have a lot of time on your hands to get around it," he said.
Doubts if it's enough If
there's anything the Internet has shown, it's that a lot of people have
too much time on their hands. Todd Mintz, a Portland, Ore.-based
Internet consultant, suspects iRazoo's checks and balances won't be
enough to prevent efforts to move sites into the top spots mostly
likely to be seen by users.
"There are very smart people out there who will figure out how to game it," he said.
Depending
on recommendations can be risky because the site can't account for how
smart users are, said Scott Hendison, another Portland Internet
consultant specializing in search engine marketing and optimization —
the practice of getting one group's site to come up higher in search
results than another.
Moving up the list Search engines rely
on algorithms — mathematical formulas — to find the best search
results. Basically, the engine looks for keywords on sites across the
Web.
As Internet marketing has evolved, people such as Hendison
have figured out ways to get their clients' sites listed higher in
search results on popular search engines, in turn driving traffic to
their sites.
"Commercialization has kind of taken over the algorithm a little bit," Lamberti said.
Mintz said the algorithms' recommendations are better than those of strangers.
"The Google or Yahoo algorithm may not be perfect, but I'd trust them more than someone I don't know," he said.
Brad Hem, brad.hem@chron.com Copyright 2007 Houston Chronicle |
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