E-Commerce with an emphasis on Social Technologies
Remember the discussion we had in February regarding the million dollar agent portal that was “panned” by agents? and the subsequent post They Shoulda Used IdeaStar! Here’s another tasty morsel I heard through the grapevine today: The site was orginally projected to cost $500,000 (IdeaStar would have been $80-100k). Final pricetag? Not 1 million — “It cost between $2-3 million and they’re upset because it doesn’t do what it needed to do.” 2-3 MILLION!?!?! And it doesn’t even WORK!?!? Good grief…
That just really pushes my launch code. How could you even let that much money be spent without turning off the faucet??? Where’s the accountability? Where’s the project management? I guess this is another example of a bureaucracy-driven solution — 20 to 30 times more costly and it doesn’t do what you want.
AM Best has an EFusion Award for the best insurance e-commerce sites of the year. I wish they had a Not Top 10 at the cocktail party after — just so we could all laugh our brains out!