“Third quarter was volatile and challenging for global economies and financial markets amid stagnant U.S. unemployment figures and a worsening euro zone debt crisis,” said Dr. Venkatesh Bala, Chief Economist at The Cambridge Group, a part of Nielsen.
it is time for organizations to leave their channel-oriented ways behind and enter the era of agile commerce —optimizing their people, processes, and technology to serve today’s empowered, ever-connected customers across this rapidly evolving set of customer touchpoints. This is agile commerce.
(Modes of Purchase Hypothesis) August 21, 2011 - by Herb Sorensen, Ph.D., Scientific Advisor, TNS Global Retail & Shopper Practice and Adjunct Senior Research Fellow, Ehrenberg-Bass Institute for Marketing Science, Univ.
Ecommerce habits are evolving in India, as greater numbers of consumers across the country use the web to make purchases in a diverse range of categories, a study by eBay has revealed.
The online auction site boasts 3m customers in 3,878 Indian cities, and 23,000 sellers. Over 2m products are available on its pages each day, and the company has now drawn together data covering the year to June, 30 2011 http://goo.gl/p0Y8i
Muralikrishnan B, manager of eBay India, said: "If eBay was a store, then four buyers every minute would have shopped at our counter, 24-7. Thus, for us it's always a process of mining data."
More specifically, a health and beauty product is sold once every four minutes, a figure standing at five minutes for mobile handsets, seven minutes for apparel and 27 minutes for laptops.
India's largest metropolitan centres contribute 51% of transactions, with Delhi and Mumbai the leading outlets. Second and third tier cities are also gaining in prominence, and currently deliver 40% of sales.
While rural regions register just 9% here, shoppers in the countryside are witnessing rapid growth in activity, with 1,267 areas now hosting buyers and vendors, and providing 20% of goods on sale.
Female customers are also "increasingly active" in undertaking purchases, making 45% of their acquisitions in the lifestyle sector. Moreover, women make up 35% of eBay's 1m fans on Facebook.
Some 61% of exports made by eBay users in India are from the lifestyle segment. Turning to domestic transactions, technology products dominate, taking a 51% share.
Evidence of this trend was shown in the list of the best-selling brands, a category led by Sony. Nokia, the handset maker, was second, ahead of Samsung and Apple, both in the electronics field.
Reebok, the sportswear specialist, took fourth, beating Seagate, which makes storage devices, in fifth. Casio, Micromax, LG and Canon, active either in the electronics and telecoms industries, completed the top ten.
Looking forward, eBay predicted mobile phones - and particularly smartphones - offering higher-speed web connections are likely to play a key role in the future development of Indian ecommerce.
"The smartphone is the new online store for consumers to browse, compare and buy leading to shopping on the go, anytime, anywhere," said Muralikrishnan.
Dr Andrew Hudson-Smith, Director and Deputy Chair of the Centre for Advanced Spatial Analysis (CASA) at UCL has created a video tour of London for his Digital Urban Blog. 3D models were added to Google Earth earlier this year, adding extra detail to many famous city landmarks and locations including Westminster Abbey, the Houses of Parliament, Big Ben, Trafalgar Square and the London Eye, which are now rendered in 3D. Thousands of buildings are available to view, as well as trees and parks, so people from around the world can digitally experience the city of London.
I love Uniqlo digital work. And here is their latest piece for the new functional range of clothing. It’s a visual feast as usual, created through a series of various video catwalk demonstrations that slide past you. The demonstrations are quite litteral for every feature, from the “stretch pants” to the robust zippers and everything in between.
Reports out last week put the group buying sector on track to rake in $400 million by year’s end, with the market posting a second quarter revenue increase of 72 per cent.
The ability of the discounted daily deal to tap into both the power of the ‘crowd’ and today’s pervasive mindset of thrift has set the sector up to continue its meteoric rise, in spite of flagging consumer confidence.
It seems getting consumers to open their wallets is as simple as offering a hefty discount and making them feel clever for saving 80% on 100% of the money they wouldn’t have spent to begin with. Unfortunately for Australian retailers, this is far from simple to put into practice.
Sharing your scoops to your social media accounts is a must to distribute your curated content. Not only will it drive traffic and leads through your content, but it will help show your expertise with your followers.
How to integrate my topics' content to my website?
Integrating your curated content to your website or blog will allow you to increase your website visitors’ engagement, boost SEO and acquire new visitors. By redirecting your social media traffic to your website, Scoop.it will also help you generate more qualified traffic and leads from your curation work.
Distributing your curated content through a newsletter is a great way to nurture and engage your email subscribers will developing your traffic and visibility.
Creating engaging newsletters with your curated content is really easy.