Wednesday, August 4, 2010
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.
Tuesday, May 4, 2010
Via the excellent Exciting Commerce blog: 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."
"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."
Friday, April 23, 2010
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...
Tuesday, April 13, 2010
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:
Friday, April 2, 2010
So says An Internet Retailer survey...
Monday, March 22, 2010
Check out this presentation by Tony Hsieh, CEO of zappos.com, about delivering happiness to yourself, your employees and your customers:
Posted by Michael S. Levy at 10:30 AM
Monday, March 15, 2010
Wednesday, March 10, 2010
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:
Friday, March 5, 2010
Here's Elastic Path's answer in video:
Friday, February 5, 2010
Friday, January 29, 2010
And here are the slides from Amazon's Q4 '09 earnings webcast:
Monday, January 4, 2010
First off, Happy New Year everyone!