Lead Into Gold

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Etsy, the online site for cool handmade stuff, has just brought back a service called Alchemy that touches on at least a few of the resonant points for VRM.  What is Alchemy?  Etsy says:

"In an historical sense, Alchemy is the pursuit of transforming common metals into valuable gold. In an Etsy sense, Alchemy is the pursuit of transforming your creative ideas and designs into tangible items.

Alchemy is a space on Etsy where buyers can post requests for custom items. Sellers then bid on the opportunity to make the item and win the sale. It’s your opportunity to collaborate with a crafter or artisan to get exactly what you’re seeking. Buyers can even make private requests to a specific seller within a shop."

Very cool.  I’ve always felt that one of the fundamental tenets of the VRM movement is the enablement of a customer to define the terms of his or her interactions with vendors, and examples of these "reverse markets" where the customer calls the shots are certainly waypoints on the journey.

hat tips: alan patrick and fred wilson