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 :)
Wednesday, February 16, 2011
Wednesday, August 4, 2010
Posted by Michael S. Levy at 4:17 PM
Monday, August 2, 2010
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.
Friday, July 9, 2010
An awesome presentation on social networking by Paul Adams, UX researcher at Google:
Posted by Michael S. Levy at 2:25 AM
Thursday, July 1, 2010
"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.
Monday, June 28, 2010
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
Monday, June 21, 2010
Monday, May 24, 2010
Amazon founder Jeff Bezos talks openly about Amazon and Zappos...
Posted by Michael S. Levy at 9:39 PM
Wednesday, May 5, 2010
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.