Consumption Junction
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Consumption Junction
Consumerism meets marketing; who & what manipulates the free market of goods & services. See also: http://www.kitsch-slapped.com/category/ze-big-mouth-promotions-stuff/
Curated by Deanna Dahlsad
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How Many E-Commerce Shopping Carts Are Abandoned? #INFOGRAPHIC

How Many E-Commerce Shopping Carts Are Abandoned? #INFOGRAPHIC | Consumption Junction | Scoop.it

Here’s some key facts:

  • Almost 68% of online shopping carts are abandoned
  • There is a $100 “psychological barrier” when it comes to online purchases that causes many to abandon their carts
  • 90% of leads go cold after one hour

How has abandoned shopping carts affected your e-commerce business?


Via Brian Yanish - MarketingHits.com
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Rescooped by Deanna Dahlsad from digital marketing strategy
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The Most Important M’s In E-commerce

The Most Important M’s In E-commerce | Consumption Junction | Scoop.it

New technologies have been developing faster than ever before. While mobile commerce continues to grow faster than expected, have you ever wondered, what are the most powerful and valuable online shoppers? Well, it is very possible that you came across with this term already. They are the so-called “Millennials”...


Via Jeff Domansky, Os Ishmael, malek
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Mediacle's curator insight, March 4, 2015 9:53 AM

Yes, in this flat and ever-changing era, we've to be technically advanced from every nook!

 

terry clarke's curator insight, March 4, 2015 11:04 PM

I typically hate stereotypes of any kind, but this collection of the common traits of "Millenials" was somewhat entertaining.

Milena Mitova's curator insight, March 7, 2015 5:20 AM

Are millennials a big chunk of your customers/prospects? Things about the Ms you might want to know [infographic]

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Customer Satisfaction Rises for Ecommerce, Falls for Offline Retail, Says ACSI Retail Report

Customer Satisfaction Rises for Ecommerce, Falls for Offline Retail, Says ACSI Retail Report | Consumption Junction | Scoop.it
ACSI Retail Report 2014 examines customer satisfaction for top retailers, both traditional and online, including popular department or discount store chains; dollar stores and wholesale warehouse clubs; office suppliers and home improvement; electronics, clothing, book retailers; supermarkets, drug stores, and Web retailers.
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Consumer Psychology & the E-Commerce Checkout

Consumer Psychology & the E-Commerce Checkout | Consumption Junction | Scoop.it
We all love a bit of online shopping but what goes through our head before we click to buy items over the web?

Via Jocelyn Stoller
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eBay Files Patent for Protecting Sellers from Chronic Returners

eBay Files Patent for Protecting Sellers from Chronic Returners | Consumption Junction | Scoop.it

Having a buyer return an item is a bother to online sellers and can be costly as well. In a patent filing with the US Patent and Trademark Office, eBay acknowledged that how to handle buyers who frequently return items was a major concern for ecommerce sellers.

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Forget Carl Icahn Proposal, eBay Should Sell Itself to - Google?

Forget Carl Icahn Proposal, eBay Should Sell Itself to - Google? | Consumption Junction | Scoop.it
With Carl Icahn pressuring eBay to spin off PayPal and shareholders getting antsy about eBay's valuation not being equal to the sum of its parts, a Wall Street analyst boldly put forth another proposal - Google should acquire eBay and use its ecommerce and payments capabilities to fend off Amazon.
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Shoppers Look for Quality—Not Deals

Shoppers Look for Quality—Not Deals | Consumption Junction | Scoop.it
Shoppers aren’t too concerned with getting items at a low price. Instead, they’re looking for “superior quality products”—something consumers are increasingly prioritizing when looking to purchase.
Deanna Dahlsad's insight:

Hurray!

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Rescooped by Deanna Dahlsad from Readin', 'Ritin', and (Publishing) 'Rithmetic
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George Packer: Is Amazon Bad for Books?

George Packer: Is Amazon Bad for Books? | Consumption Junction | Scoop.it
To many book professionals, Amazon is a ruthless predator; recently, the company has even started publishing books. A monopoly is dangerous because it concentrates so much economic power, but in the book business the prospect is especially worrisome: it would give Amazon more control over the exchange of ideas than any company in U.S. history.
Deanna Dahlsad's insight:

Required reading.

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Should Your Ecommerce Business Pop-Up in the Physical World?

Should Your Ecommerce Business Pop-Up in the Physical World? | Consumption Junction | Scoop.it
Online merchants are increasingly exploring the offline world. Shopify explores the pop-up trend and the questions sellers should ask themselves before trying out this strategy for themselves.
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Internet Of Things: The Next Major Disruptor For Retail

Internet Of Things: The Next Major Disruptor For Retail | Consumption Junction | Scoop.it

According to Gartner, Internet of Things (IoT) is expected to grow to 26 billion installed units by 2020, and IoT product and service suppliers will generate incremental revenue exceeding $300 billion, mostly in services, by 2020.


Truly, IoT has caught the imagination of the technology world and there are many predictions about the impact it will have in the coming years.

While many of these impact areas are yet to emerge and are currently more of speculation, there is one area which is beginning to see real action, and that is retail and e-commerce.


Via Pekka Puhakka, massimo facchinetti, Jim Lerman
Deanna Dahlsad's insight:

More info on IoT here: http://en.wikipedia.org/wiki/Internet_of_Things

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The Results Are In: Sellers Choice Awards for Marketplaces

The Results Are In: Sellers Choice Awards for Marketplaces | Consumption Junction | Scoop.it
Thanks to everyone who took the time to nominate and rate online marketplaces for this year's Sellers Choice Awards. ...
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Three Tips on Making Your Site a Holiday Shopping Destination

Three Tips on Making Your Site a Holiday Shopping Destination | Consumption Junction | Scoop.it
Shoppers who are trying to stay safe while buying holiday gifts online look for certain features - here are three tips to make your site a shopper-friendly holiday destination.
Deanna Dahlsad's insight:

Basic ecommerce points

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The Psychology of Pricing and Discounts for E-commerce

The Psychology of Pricing and Discounts for E-commerce | Consumption Junction | Scoop.it

In the world of online retail, understanding how to run successful promotions and strategically price products takes more than just an Economics Supply and Demand course. Humans have an innate inclination to respond to certain types of prices, this is what we call psychological pricing.

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ModCloth Hits $100 Million In Revenue, Gives Social All The Credit

ModCloth Hits $100 Million In Revenue, Gives Social All The Credit | Consumption Junction | Scoop.it

Here's a big social business success story...The 'love' button may be the most-clicked on ModCloth's platform. But with $100 M in 2012 revenue, 'checkout' is a close second....“The ‘love’ button is the most used button on our site,” ModCloth CEO Eric Koger told me this June on a visit to the East Coast from the company’s San Francisco HQ. Tuesday’s announcement that the company he founded back in 2002 with wife Susan Gregg Korger has reached $100 million in 2012 revenue makes another thing clear: the check-out button is closing in on ‘Like’ for number one.ModCloth’s commitment to a mobile-first, unabashedly social strategy is credited with getting them to the $100 million mark according to today’s press release. According to the founders nearly a third of their traffic is same-day repeat traffic, meaning they’ve visited the site more than once a day as a result of a roll-out of a slew of social features over the past 12 months. Among them: a virtual buyer program that allows users to vote samples into production and a style gallery of user-submitted photos that’s turned the e-commerce platform into its own internal social network. Since its launch last year more than 6,000 outfit photos have been shared through the site....


Via Jeff Domansky
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Jeff Domansky's curator insight, July 25, 2013 1:20 PM

Here's a big social business success story with lots of valuable social marketing lessons.

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Amazon Gets Closer to eBay with Used, Collectibles Photo Policy

Amazon Gets Closer to eBay with Used, Collectibles Photo Policy | Consumption Junction | Scoop.it

Amazon is now allowing third-party sellers to add photographs showing their used and collectible items in the Offer Listing page, providing shoppers with a more eBay-like experience.

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The Pornocalypse Comes For Us All – ErosBlog: The Sex Blog

The Pornocalypse Comes For Us All: Recently I’ve been seeing lots of tweets and headlines suggesting that Amazon is going through another round of cracking down on porn ebooks, generally burying them deeper and making them harder to f...

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A Just Looking Fee?

A Just Looking Fee? | Consumption Junction | Scoop.it

As of the first of February, this store will be charging people a $5 fee per person for “just looking.”

 

The $5 fee will be deducted when goods are purchased.

 

Why has this come about?

 

There has been high volume of people who use this store as a reference and then purchase goods elsewhere. These people are unaware our prices are almost the same as the other stores plus we have products simply not available anywhere else.

 

This policy is line with many other clothing, shoe and electronic stores who are also facing the same issue.

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Curated by Deanna Dahlsad
An opinionated woman obsessed with objects, entertained by ephemera, intrigued by researching, fascinated by culture & addicted to writing. The wind says my name; doesn't put an @ in front of it, so maybe you don't notice. http://www.kitsch-slapped.com
Other Topics
A Marketing Mix
Adventures in advertising and marketing - the contemporary, the historical, and the hysterical. http://deanna.dahlsad.com/
Antiques & Vintage Collectibles
Collecting old things; heirlooms and new to you things! Companion to http://www.inherited-values.com/
Colorful Prism Of Racism
Racism past and present. Companion to http://www.kitsch-slapped.com/category/colorful-prism-of-racism/
Consumption Junction
Consumerism meets marketing; who & what manipulates the free market of goods & services. See also: http://www.kitsch-slapped.com/category/ze-big-mouth-promotions-stuff/
Crimes Against Humanity
From lone gunmen on hills to mass movements. Depressing as hell, really.
Cultural History
The roots of culture; history and pre-history.
Dare To Be A Feminist
I do. http://www.kitsch-slapped.com/category/hey-sister-can-you-spare-some-social-change/
For Art's Sake-1
Art, crafts, and the people who make them. To inspire and purchase. Companion to http://www.ululating-undulating-ungulate.com/
Herstory
History as this woman sees it. The serious, the kitsch, the opinionated. Companion to http://www.kitsch-slapped.com/
In The Name Of God
Mainly acts done in the name of religion, but also discussions of atheism, faith, & spirituality.
Kinsanity
Let's just say I have reasons to learn more about mental health, special needs children, psychology, and the like.
Kitsch
Mostly vintage and retro "badness" but you can decide how delicious it is. http://www.kitschy-kitschy-coo.com/blog/
Nerdy Needs
The stuff of nerdy, geeky, dreams.
Readin', 'Ritin', and (Publishing) 'Rithmetic
The meaning behind the math of the bottom line in publishing and the media. For writers, publishers, and bloggers (which are a combination of the two).
Sex Positive
Sexuality as a human right.
Vintage Living Today For A Future Tomorrow
It's as easy to romanticize the past as it is to demonize it; instead, let's learn from it. More than living simply, more than living 'green', thrifty grandmas knew the importance of the 'economics' in Home Economics. The history of home ec, lessons in thrift, practical tips and ideas from the past focused on sustainability for families and out planet. Companion to http://www.thingsyourgrandmotherknew.com/
Visiting The Past
Travel based on grande ideas, locations, and persons of the past.
Walking On Sunshine
Stuff that makes me smile.
You Call It Obsession & Obscure; I Call It Research & Important
Links to (many of) my columns and articles.