From Techcrunch Europe, an update on private shopping clubs in the US (a.k.a. closed-community shopping websites), on the interest from e-commerce power players on this awesome business model... and on the mother of all private shopping clubs, Vente Privée.
"TechCrunch Europe thus understands, from some very good sources, that Gilt, Amazon and eBay are all actively looking at acquisitions in the European private shopping club space. The price for Vente Privée alone is being talked about in terms of a $1.5 billion sale. Some sources even put the figure at between $2 billion and $4 billion.
One VC I spoke to said Vente Privee was “very attractive” to the big ecommerce beasts like Amazon and eBay, and a roll-up of these types of clubs is potentially in the offing across Europe. Another said “It would be a good move – depending on price – from either Amazon or eBay.”
Read the whole article here.
Tuesday, October 13, 2009
French private shopping club Vente-privée.com, an e-commerce European success worth USD 1.5 billion
Saturday, October 10, 2009
"Faceshopping": Carrefour launches exclusive live shopping deal application on Facebook
Here's a little social commerce app we designed and launched at Publicis K4 for Carrefour, the #2 retailer in the world.
It's called "Faceshopping" and it offers daily shopping deals for Facebook members only.
Launched on September 22nd, it is the first application of its kind.
Reviews are starting to show up accross the Web...
Go ahead and try it for yourself...
All of your comments and ideas are welcome, so we can make it better over time.
(A special shout-out to the fine folks at KRDS for the great work!)
Thursday, October 8, 2009
RetailMeNot.com survey says 30% of online adults will not make a purchase at an online store if they can’t find a coupon for that store...
Tuesday, October 6, 2009
2009 Social Ecommerce Planning Guide by Optaros
Check out this Presentation by Optaros, summarizing what a retailer can do in social commerce in 2009:
Update : A little bonus : Screencast of the Facebook Connect Magento Extension !
Friday, September 25, 2009
Gilt Groupe CEO Susan Lyne Interview at Shop.org
A very interesting interview of the CEO of one of the fastest growing e-commerce companies in the US, based on the private sale model born in France, during the Shop.org annual summit which ran from September 21-23, 2009 in Las Vegas.
Susan Lyne talks about why the Gilt Groupe website is so addictive to shoppers, how retail is just repackaged entertainment, and announces a new venture...
Read it all here.
Average e-commerce conversion rates in the UK
Here's a very nice article on average e-commerce conversion rates in the UK on blogstorm.
We learn that:
- the average conversion rate across all industries in the UK is 3.04% with conversion rates from natural search slightly higher at 3.16% for March 2009;
- shopping cart abandonment stands at 50.1% in the UK compared to 65.61% in the US.
A lot of insightful figures, from Coremetrics.
Wednesday, September 9, 2009
US online retail figures from Forrester...
Forrester pegged total online retail sales at $156.1 billion last year and projected growth to $229.1 billion, or 8% of total retail sales, by 2013. But fewer than a third of online consumers purchase package goods online today.
