Wednesday, August 4, 2010
Monday, August 2, 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
Posted by Michael S. Levy at 7:02 PM
Labels: social commerce, USA
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.
Posted by Michael S. Levy at 6:35 PM
Labels: social commerce, social networks
Friday, July 9, 2010
Why Google is scared of Facebook
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
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"
Posted by Michael S. Levy at 1:32 AM
Labels: amazon, e-commerce, ecommerce, USA
Monday, 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
Posted by Michael S. Levy at 9:26 AM
Labels: BPO, e-commerce, e/merchant, ecommerce, Europe, France
Monday, June 21, 2010
Monday, May 24, 2010
Awesome Video from Jeff Bezos about Amazon and Zappos
Amazon founder Jeff Bezos talks openly about Amazon and Zappos...
Posted by Michael S. Levy at 9:39 PM
Wednesday, May 5, 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.
Posted by Michael S. Levy at 12:11 AM
Labels: e-commerce, ecommerce, GSIcommerce, USA
Tuesday, May 4, 2010
Study says Social Commerce pays off
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.
Posted by Michael S. Levy at 5:04 PM
Labels: e-commerce, ecommerce, France, social commerce, social networks, USA
Friday, 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...
Posted by Michael S. Levy at 3:45 PM
Labels: Apple, e-commerce, ecommerce, Europe, iPad, mobile commerce, retail
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.
Tuesday, April 13, 2010
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:
Posted by Michael S. Levy at 10:36 AM
Labels: Apple, e-commerce, ecommerce, iPad, mobile commerce, USA
Friday, April 2, 2010
International E-Commerce Web retailers are reaping overseas sales without actively pursuing them
So says An Internet Retailer survey...
Posted by Michael S. Levy at 5:14 PM
Labels: e-commerce, ecommerce, retail, USA
Monday, 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:
Posted by Michael S. Levy at 10:30 AM
Monday, March 15, 2010
New Zappos TV ad, highlighting their unparalleled customer service
This is the first TV spot in a new campaign for Zappos, the online footwear and apparel retailer. This spot was created by Mullen in Boston, MA.
Here it is:
Posted by Michael S. Levy at 11:39 AM
Labels: advertising, e-commerce, ecommerce, TV, USA, zappos
Wednesday, 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:
Posted by Michael S. Levy at 11:40 AM
Labels: coupons, e-commerce, ecommerce, local, privatesales, USA
Friday, March 5, 2010
Mobile e-commerce: mobile site or mobile app?
Here's Elastic Path's answer in video:
Posted by Michael S. Levy at 6:27 PM
Labels: e-commerce, ecommerce, mobile commerce
Friday, February 5, 2010
Venteprivée.com 2009 revenues and 2010 projections
According to Journal du Net, here are the latest figures from online private shopping club leader Vente Privée :
Posted by Michael S. Levy at 12:23 PM
Labels: e-commerce, ecommerce, Europe, France, privatesales
Friday, January 29, 2010
Amazon.com '09: sales +28% to $24.51 billion, profit +40% to $902 million
And here are the slides from Amazon's Q4 '09 earnings webcast:
Posted by Michael S. Levy at 6:53 PM
Labels: amazon, e-commerce, ecommerce
Monday, January 4, 2010
US e-commerce Holiday sales reach $27 billion
First off, Happy New Year everyone!
Posted by Michael S. Levy at 12:32 PM
Labels: e-commerce, ecommerce, USA