The Multichannel Handbook: A Retailer’s Guide to Growing Your Business, Part 4.1: Marketplaces
Pin It(This is a continuation of the Multichannel Handbook series) Part 4: Marketplaces Most Internet retailers are familiar with the concept of marketplaces online: web destinations which bring buyers and sellers together to foster more sales for merchants and more great places to buy products for customers. Taken together, marketplaces represent an enormous opportunity to add meaningful top-line growth for any retailer. Any marketplace brings a simple value proposition to a retailer: the marketplace has customers, you have stuff to sell. Retailers leverage the marketplace’s...
read moreAre you having trouble finding your Amazon listings too?
Pin It Here are a couple of tips to find them in no time! – Or well, just to make your search more efficient. Amplify’d from www.amazonsellersupportblog.com Having trouble finding your listings? Here are some facts about how search works on Amazon.com. A product generally needs an active offer with available inventory to be searchable on Amazon.com. A product will not be searchable if its Launch Date is set to a future date. Products should be searchable within 24 hours after the Launch Date has passed. Products may not be...
read moreAmazon sold over 150 items per second on Cyber Monday
Pin It Amplify’d from techcrunch.com Amazon this morning announced that on its peak day for this year, November 29, customers ordered more than 13.7 million items worldwide across all product categories, which translates to a – self-proclaimed – record-breaking 158 items per second. November 29 was, of course, Cyber Monday in the United States, the Monday immediately following Black Friday. According to comScore, overall online spending in the United States surpassed $1 billion on Cyber Monday in 2010, up 16 percent versus year ago. Clearly,...
read moreAmazon Makes Huge Warehouse Investment In Germany & ChannelAdvisor Follows The Leader
Pin It On their Q2 call, Amazon executives dropped a little number on analysts that was a pretty big surprised. They noted they are adding 13 fulfillment centers (FCs) to the ~38 they have now. That’s a > 30% increase in fulfillment centers and depending on the size could be an even larger expansion from a sq-ft and thus capacity standpoint. That’s a big investment and it left people scratching their heads – why, where, how big, and does this mean Amazon is seeing another leg of growth (vs. slowing down)? Digging a little deeper on Amazon’s...
read moreJune eCommerce Retail Numbers Are In…eBay We Have a Problem…
Pin ItKey Points From comScore’s June U.S. Traffic Release June and Q2 U.S. Online Retail Traffic Trends Largely Neutral — Overall U.S. Y/Y Traffic to Online Retail sites was modestly positive Q2 traffic (up 13.0%) very modestly better than Q1 trends (up 12.7%) comScore tracked 21% Y/Y growth to Amazon’s U.S. Website comScore tracked a 5% Y/Y decline to eBay’s U.S. Website And the icing on the cake for me was this quote "…these trends as Neutral to both a Bullish AMZN and a Bearish EBAY…" Wow, does that say alot? These stock analyst are looking at Amazon...
read moreBuy.com Gets Bought:: Will eBay’s Chickens Come Home to Roost?
Pin ItOK, so I am sure you have heard the news right? Buy.com got bought for $250 million The acquisition, valued at approximately $250 million (USD), will be carried out by Rakuten’s U.S. subsidiary, Rakuten USA." The press release illustrates the strategy as follows: “As a company, Buy.com shares our vision for the future of ecommerce as a platform to give consumers the best value no matter their location, and to merge shopping with entertainment, and to help retailers build deep and lasting consumer relationships.” Now things are getting juicy, there is a possible new...
read moreThe USPS is Hemorrhaging Money At a Staggering Rate
Pin ItThe Postal Service announced Thursday that it lost $1.9 billion in the six months that ended March 31. Revenues dropped 1.4 percent vs. the same period in 2009 and mail volume dropped 6.3 percent. USPS reported that 88.1 billion pieces of mail were delivered in the first six months of the current fiscal year and that includes a $180 million boost in first-class mail from the Census Bureau. To regain viability USPS is seeking congressional approval to eliminate Saturday mail delivery and for relief from an annual payment of more than $5 billion for retiree health benefits. In April, the...
read moreEbay & Amazon Marketplace Numbers Are In And The Quarter Was Good
Pin IteBay Inc. (Nasdaq: EBAY) today reported financial results for its first quarter ended March 31, 2010. The e-commerce company posted first-quarter revenue of $2.2 billion, up 9% year over year, or up 18% excluding Skype. The increase was due to growth in the Payments and Marketplaces businesses, as well as a positive impact from foreign currency movements against the U.S. dollar. The company recorded net income on a GAAP basis of $397.7 million or $0.30 per diluted share, and non-GAAP net income of $554.2 million or $0.42 per diluted share, for the first quarter of 2010. GAAP operating...
read moreEach One, Teach One: eCommerce OPEN Discussion Thursday Again
Pin ItI am really starting to look forward to Thursdays now, just for the opportunity to post these discussions and then follow it. I really am learning alot and the resources are fascinating. If you missed any of these informative discussions, be sure to check back to the prior weeks: Week #1 : Brands and Branding: What is it? Week #2 : Keyword Research These weekly topical discussion are really a great resource and I am enjoying the information that is being shared. Each Thursday we will post a topic related to us as merchants and the the COMMUNITY…YOU GUYS will come in on the...
read moreeBay 2010: A Change Gonna Come…With or Without You
Pin ItIt’s 2010 and things have changed, I remember back to 1997 when I sold my very first item on eBay long ago. It was a pair of tickets to see Elton John at Madison Square Garden in New York City. I scored some sweet lower level seats that cost me $300 bucks and then I could not get the time off to fly from Atlanta to New York so I had to sell them. I put them on eBay and started the auction at $99.00. Those tickets ended at $800 for the pair, and I was instantly HOOKED on eBay. Of course it was years later in 2001 that we created the company that is now one of the more successful...
read moreBe in it to win it
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