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.

Is woot.com's traffic the new Big Mac Index?

"Woot’s ability to predict a financial rebound should not be dismissed and that trend is going up." -Read John Biggs' treatise here.

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.

State of e-commerce fraud in France

A white paper by FIA-NET

"Entertainment Shopping" on your iPhone

Check out the SevenSnap app!

Demo video: