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
Follow me on twitter: @michaelslevy
Posted by Michael S. Levy at 10:27 AM
Labels: e-commerce, ecommerce, Michael S. Levy, social commerce, Twitter
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
Tuesday, May 4, 2010
Study says Social Commerce pays off
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."Via the excellent Exciting Commerce blog:
"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
Thursday, December 10, 2009
Le Web Paris '09 social commerce / e-commerce highlights
Here's my personal selection of e-commerce / social commerce moments from this year's LeWeb conference worth checking out, pulled-up straight from the Ustream feed of the event!
2. From the Start up Competition:
- Not e-commerce but still I had to plug them, they're awesome: Tigerlily, a CMS-like Facebook app to manage your Facebook Pages, so cool (jump to 28:53 for their demo)
4. And here's a little bonus, Gary V's intervention, about "crushing it" and giving a crap about your customers, before the conference's closing remarks. Always hard-hitting and hilarious. Enjoy!
Posted by Michael S. Levy at 7:38 PM
Labels: e-commerce, ecommerce, France, LeWeb, social commerce, social shopping, UK, USA, zappos
Tuesday, December 1, 2009
Can you make the cut? Luxury brand launches: online and by invitation exclusively
Von Rosen one ups closed-community shopping websites...
This 1-year old German luxury fashion label has launched a special business: it's online, with limited collections, and by invitation only.
If David Von Rosen has not invited you, well... you can send him a request, telling him who you are and what you do, and he will decide if you're worth being one of his customers...
“All customers have the right to choose a brand,” Von Rosen told Style.com. “We wanted to turn the perspective around and choose our customers. We don’t want money as the only hurdle to exclusivity. Yes, we’ve turned down people who’ve applied, like a good club would.”
A few figures:
- 10,000 requests since starting the site a year ago,
- has granted access to only 1,500 people,
- has sold about 4,000 items, average price of a sweater is €450, or about $675, shipping not included.
How's that for exclusivity?
I sent him a request... Will I make the cut? And can you?
UPDATE:
Hey I made it! :)
Here's the email I received in answer to my membership request:
"Dear Michael S. Levy,
You have asked for access to VONROSEN. Thank you for your interest.
Our customers rely on a high standard of exclusivity. In the interest of our existing customer base, we are only able to grant access to a limited number of enquirers.
Unfortunately, we are not acquainted personally. However, you have us interested by your professional background and the information that we have found about you. We believe that you fit VONROSEN.
VONROSEN brings you the best quality and timeless-urban designs. The VONROSEN-signet is individually engraved with your monogram. As a fashion label from Berlin, we produce exclusively in Italy and Germany. Also, you will never encounter any sales or discounts at VONROSEN. For all orders, including gifts and/or gift certificate purchases, we receive before Dec. 31, we offer you an extended money back guarantee (send back by Jan. 14., 2010). With code XXXXXXXX you can now log on at vonrosen.com.
If you have any further questions, please do not hesitate to contact us.
Welcome to VONROSEN!
Yours Sincerely,
David"
Man, I feel so hip right now... See you later, I have some shopping to attend to :)
Posted by Michael S. Levy at 11:39 AM
Labels: fashion, luxury, privatesales, social commerce
Thursday, November 26, 2009
Cool e-commerce & social commerce info this week
Argh. Can't bring myself to post all this info I found this week...
So here's my very own weekly review of things worth noting:
Thanksgiving / Black Friday: US online retail picking up?
According to Mint.com
According to Forrester
According to ComScore
eBay targeting $500m GMS by mobile users this year!
That's a lot. And they're launching a new app called 'Deals Today'.
Woot! launches deals.woot! and it's awesome
A wooters-powered deal finding community website
Milo.com: a very well designed product finder driving traffic to local stores
Complete with price comparison, real-time inventory in stores near you, and consumer reviews straight from the stores' websites. It's Milo.com.
Noteworthy social media tactics by major retailers
Toys'R Us's cool Facebook-only Black Friday catalog and mystery deals campaign
IKEA's genius Facebook campaign:
That's it for this week!
xoxo
Michael.
Posted by Michael S. Levy at 3:57 PM
Labels: e-commerce, eBay, ecommerce, Facebook, retail, social commerce, social shopping, USA
Monday, November 23, 2009
Top Internet Trends of 2000-2009: E-commerce - Via ReadWriteWeb
In this post, ReadWriteWeb reviews the past decade of e-commerce and the key trends:
- Advances in recommendations technology,
- The explosive growth of social media and social commerce
- The slow but promising emergence of mobile commerce
Posted by Michael S. Levy at 3:20 PM
Labels: e-commerce, ecommerce, mobile commerce, social commerce, USA
Thursday, November 19, 2009
Social Media ROI: Socialnomics
Posted by Michael S. Levy at 11:55 AM
Labels: social commerce, social networks
Wednesday, November 4, 2009
Storenvy.com, the social store community, is live and it's awesome.
Gorgeous design.
DIY stores.
Community-enabled shopping features.
I love it.
Check it out: http://www.storenvy.com
"On one side, Storenvy is a series of online stores run by independent sellers. "The little guys." Stores are fully customizable, with a feature-rich store admin panel, and completely FREE.
On the other side, Storenvy is a network of shoppers who can shop across all of those stores at once, interacting with each other by watching what notes and ratings they leave on products and stores throughout the site. It's like following your friends and style icons on a shopping spree, watching what they pick up and what they actually buy."
Posted by Michael S. Levy at 6:26 PM
Labels: social commerce, social shopping, USA
Friday, October 16, 2009
Be Your Own Social Media Director | via Practical Ecommerce
In this edition of "Ecommerce Know-How", Kevin Patrick Allen from Practical Ecommerce shares three roles the owner and de facto social media director of an ecommerce company can play and how, by incorporating those practices within his business, he can better reach the new age of consumers online.
Posted by Michael S. Levy at 3:32 AM
Labels: e-commerce, ecommerce, social commerce, social shopping
Tuesday, October 13, 2009
French private shopping club Vente-privée.com, an e-commerce European success worth USD 1.5 billion
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.
Posted by Michael S. Levy at 1:36 AM
Labels: amazon, e-commerce, eBay, ecommerce, privatesales, social commerce, social shopping, USA
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!)
Posted by Michael S. Levy at 3:10 AM
Labels: Carrefour, Facebook, France, publicis, social commerce, social networks, social shopping
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.
Posted by Michael S. Levy at 7:14 PM
Labels: e-commerce, ecommerce, privatesales, social commerce, social shopping, USA
Wednesday, August 19, 2009
Top 10 Web 2.0 Activities for Ecommerce | via GetElastic
"Retailers often wonder what Web 2.0 / social media activities to be involved with, so this post ranks what I believe are the top 10 Web 2.0 activities for ecommerce based on their business impact."
Posted by Michael S. Levy at 12:49 PM
Labels: e-commerce, ecommerce, social commerce, social shopping, USA
Wednesday, July 29, 2009
1-800-FLOWERS.COM Sets Up Shop Inside Facebook
"In another testament to the notion that Facebook is quietly turning into the internet on top of the Internet, online flower retailer 1-800-Flowers.com has launched an e-commerce store inside its Facebook Page."
On step further into True Social Commerce after launching their Alvenda shopping widget...
Once again, 1-800-Flowers leads the way in this type of ventures.
Can't wait when Facebook launches their proprietary payment platform. There are going to be a LOT of shops popping up WITHIN Facebook...
From Techcrunch.
Posted by Michael S. Levy at 6:28 PM
Labels: Facebook, social commerce, social shopping, USA, widget
Thursday, July 23, 2009
... And Zappos launches my.zappos
Check out my.zappos.com:
Posted by Michael S. Levy at 12:55 AM
Labels: e-commerce, ecommerce, Facebook, social commerce, social shopping, Twitter, USA, zappos
Monday, July 20, 2009
At eBags.com, video and social marketing go hand in glove - via Internet Retailer
"At eBags.com, about 1,700 unique visitors view videos each day and the retailer distributes its videos liberally across a wide variety of marketing channels, including e-mail campaigns, affiliate programs and on various social networks such as Facebook, Twitter and MySpace. Videos from eBags.com posted on YouTube since last fall have been watched by almost 19,000 unique visitors."
The whole story from Internet Retailer is here.
And the eBags.com video section is here.
Posted by Michael S. Levy at 4:35 PM
Labels: e-commerce, ecommerce, social commerce, social shopping, USA, video
1-800-Flowers Claims First Retail Transaction Inside Facebook - via GetElastic
1-800-Flowers has embedded its e-commerce widget into its Facebook Fan Page, and goes down in history by claiming the first retail transaction within Facebook.
The whole story from the GetElastic blog here.
Posted by Michael S. Levy at 2:58 PM
Labels: advertising, e-commerce, ecommerce, Facebook, social commerce, social shopping, widget
Sunday, July 19, 2009
Augmented Reality Video Social Shopping!
Augmented Reality meets Motion Capture meets Social Networking meets Online Shopping :)
Zugara, a California-based interactive marketing agency, has just released a new product called the "Webcam Social Shopper".
It's an online shopping application, which couples the features of Augmented Reality and Motion Capture. The Webcam Social Shopper app allows to seemingly hold articles of clothing up in front of yourself, while it tracks your movements so you can interact with the site's content when standing several feet away from your computer's controls. And it's Facebook Connect enabled, so you can share pictures of yourself wearing the reality-augmented clothing with your friends.
Here's a video demo from Zugara:
Posted by Michael S. Levy at 6:23 PM
Labels: augmented reality, e-commerce, ecommerce, Facebook, social commerce, social networks, social shopping, video