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February 16 2011
Follow me on twitter: @michaelslevy
Well, work and twitter finally got the best of me: it turns out I'm now tweeting instead of blogging... Follow me at @michaelslevy to keep up with the latest social commerce, e-commerce trends and news, curated by your truly :)
August 04 2010
Two Cool Infographics About The Internet
Enjoy!
(This is my longest blog post ever pixel-wise...)
(This is my longest blog post ever pixel-wise...)
August 02 2010
A few stats about runaway success Groupon.com
According to its CEO Andrew Mason, straight from the TechCrunch CrunchUp (wow):
- 50% gross margin
- Launched in November 2008
- A year ago today, active in 5-6 cities
- Now running in 170 cities in 22 countries
- Over 1,000 employees now
- About 12 million people getting daily email. Adding 2 million a month
- 97% of businesses featured want to be featured again
- Breakage rate is probably around 10%, though Groupon doesn’t directly track it
TechCrunch Social Commerce Panel videos, feat. Groupon, LivingSocial, Payvment, gWallet, Eventbrite, Zong
TechCrunch's last Summer CrunchUp was all abour Social commerce: social currency, social savings, social coupons and social recommendations... See all about it here.
July 09 2010
Why Google is scared of Facebook
An awesome presentation on social networking by Paul Adams, UX researcher at Google:
The Real Life Social Network v2
View more documents from Paul Adams.
June 30 2010
Breaking: Woot to be acquired by Amazon
"Holy crap! Woot has signed an agreement with Amazon - yes, the Amazon - to become an independent subsidiary of the ecommerce colossus. Woot HQ will remain in Carrollton, Texas, and will operate as autonomously as other Amazon companies like Zappos and Audible.
Visit the blog for our usual snarky commentary and tell us what you think.
- Woot"
Visit the blog for our usual snarky commentary and tell us what you think.
- Woot"
June 28 2010
PIXmania targets EUR1.5b revenues in 2014
PIXmania's turnover is up 15% to 897 million euros, and its net profit is up 40% ... The group intends to diversify even more, engage in online travel and expand its network of stores.
Also, the group's e-commerce outsourcing services, e-merchant, reached EUR35m revenues in the last fiscal year.
Original article in French
Google translation
Also, the group's e-commerce outsourcing services, e-merchant, reached EUR35m revenues in the last fiscal year.
Original article in French
Google translation
June 21 2010
May 24 2010
Awesome Video from Jeff Bezos about Amazon and Zappos
Amazon founder Jeff Bezos talks openly about Amazon and Zappos...
May 04 2010
GSI Commerce Q1 2010 results
From Internet Retailer:
GSI Commerce first quarter sales rise nearly 39%
E-commerce technology provider GSI Commerce reported today sales of $272.6 million for its fiscal first quarter ended April 3, up 38.7% compared to $196.5 million for the same period a year earlier.
For the first quarter, GSI reported:
Income from operations of $17.4 million, up 87.1% from $9.3 million.
Net loss of $8.1 million, compared to a net loss of $12.1 million.
"The year got off to a strong start for GSI with better than expected top and bottom line results in the first quarter,” says Michael G. Rubin, chairman and CEO of GSI. “The key drivers to the upside were strong comparable-store e-commerce trends and continued momentum in marketing services.”
GSI offered the following guidance for fiscal year 2010:
- Revenue of $1.3 billion, which would represent 30% growth from 2009 revenue of $1.0 billion
- Income from operations of $15.6 million
- Net income of $135.0 million.
Study says Social Commerce pays off
"Unfortunately there are still too few scientific studies on networking effects in e-commerce. Understandable though, due to limited opportunities to make direct comparisons.
All the more exciting that a new study has been released (PDF) from France and the US with the title “Deriving Value from Social Commerce Networks”, whose results have been recently published in the Journal of Marketing Research. The study examines what happens when merchants begin to network with each other."
April 23 2010
iPad Commerce Watch: episode 2
Following in GAP's footsteps, here comes Italy-based online fashion retailer YOOX, with its own iPad app...
It was developed by Yoox's in-house team, and it enables iPad owners to browse, shop and pay in 6 languages and for delivery in 67 countries...
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It was developed by Yoox's in-house team, and it enables iPad owners to browse, shop and pay in 6 languages and for delivery in 67 countries...
Google incorporates ratings and reviews from e-retailers in search results
Via Internet Retailer:
Ratings and reviews vendor Bazaarvoice is tying in with Google, enabling its 800 customers to display ratings and reviews from their websites in Google search results.
Ratings and reviews vendor Bazaarvoice is tying in with Google, enabling its 800 customers to display ratings and reviews from their websites in Google search results.
This enables Google to bring search even closer to the act of purchase for the users...
And it will probably increase the conversion rate of retailers using Bazaarvoice, as shoppers coming from a product-specific review in Google's search results will be even more qualified.
April 13 2010
Amazon's amazing growth compared to US retail and e-commerce
A cool chart courtesy of Silicon Alley Insider says it all:
GAP e-commerce goes iPad: touchCommerce !
GAP launched an iPad e-commerce app. It's gorgeous, mixing content and shopping, and making great use of the tablet's touchscreen gestures. Here's the video demo:
April 02 2010
March 22 2010
Tony Hsieh on Zappos and delivering happiness
Check out this presentation by Tony Hsieh, CEO of zappos.com, about delivering happiness to yourself, your employees and your customers:
Zappos - Amazon - 02-25-10
View more presentations from zappos.
March 15 2010
March 10 2010
E-commerce innovations: extreme retailing
Are you ready for "Extreme Retailing" ?
E-commerce has evolved more in the last 12 months than in the last 12 years, with a combination of entertainment, game mechanics, and innovative shopping models.
According to Megan Conniff from the US National Retail Federation's big blog, here are 3 ongoing trends:
1. Deals and discounts (retailmenot.com)
2. Urgency retailing (woot.com)
3. Private shopping clubs (venteprivee.com and its hundreds of copycats worldwide)
And here are 5 upcoming trends:
1. Local discovery & promotion (groupon.com)
2. Mobile empowerment
3. Community and crowdsourcing (myfab.com)
4. Mass customization
5. Game Mechanics/entertainment commerce (swoopo.com)
I so agree with Megan (and with Jochen and Jason from Exciting Commerce, a recommended read by the way...)!
Bonus: here's a video of Joshua Goldman's presentation at the Retail Innovation & Marketing Conference, explaining swoopo.com's killer commerce model:
E-commerce has evolved more in the last 12 months than in the last 12 years, with a combination of entertainment, game mechanics, and innovative shopping models.
According to Megan Conniff from the US National Retail Federation's big blog, here are 3 ongoing trends:
1. Deals and discounts (retailmenot.com)
2. Urgency retailing (woot.com)
3. Private shopping clubs (venteprivee.com and its hundreds of copycats worldwide)
And here are 5 upcoming trends:
1. Local discovery & promotion (groupon.com)
2. Mobile empowerment
3. Community and crowdsourcing (myfab.com)
4. Mass customization
5. Game Mechanics/entertainment commerce (swoopo.com)
I so agree with Megan (and with Jochen and Jason from Exciting Commerce, a recommended read by the way...)!
Bonus: here's a video of Joshua Goldman's presentation at the Retail Innovation & Marketing Conference, explaining swoopo.com's killer commerce model:
March 05 2010
Mobile e-commerce: mobile site or mobile app?
Here's Elastic Path's answer in video:
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