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BizReport : Ecommerce

Ecommerce

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Tuesday, December 23, 2008

comScore: Shorter holiday season bodes ill for etailers

With two days to go until Christmas Day, shoppers are spending plenty of money online but they may not be spending enough to make up for etailers' deficits because of the shortened holiday season. Although ecommerce saw an all time high of more than $850 million spent in one day earlier this month, the overall spend is still down compared to early projections. >>

Friday, December 19, 2008

Krillion powers product search at YellowPages.com

Just in time for last minute holiday shoppers, YellowPages.com has partnered with Krillion for product search. Krillion is a local shopping search engine. This partnership gives consumers the ability to search for products online, locally, to determine which local stores carry the last-minute products on their holiday shopping lists. >>

Friday, December 19, 2008

Nielsen: Reviews read by 81% of consumers

Online reviews are becoming even more important when it comes to online shopping. According to a new report from Nielsen Online, consumers reviews are ready by 81% of online shopping. Reviews become even more important when you take into account that roughly one-quarter of online shoppers have spent upwards of $500 so far in 2008. >>

Thursday, December 18, 2008

IMRG: Online sales up 26% in U.K.

The IMRG Capgemini e-Retail Sales Index backs up other research that many British consumers have shunned malls and stores and completed much of their Christmas shopping online. >>

Thursday, December 18, 2008

comScore: Coupon sites are hot properties

Retailers are slashing prices but that isn't enough for consumers; according to new research from comScore amid the slashed prices US consumers are still flocking to coupon hubs. comScore researchers found that visits to coupon websites increased by 32% in November. >>

Thursday, December 18, 2008

comScore: Free shipping boosts online sales

Through December 14, online shopping numbers were stagnant with 2007 numbers; while this isn't great news, it is still better than the forecasts expecting holiday shopping to plunge because of the economic situation in the US. One thing that is helping e-tailers this year is free shipping. >>

Tuesday, December 16, 2008

Kiwis click online for Christmas

The shopping malls in New Zealand have been eerily quiet of late and Nielsen Online's most recent Online Retail Monitor appears to explain why. Many Kiwis have turned to the Internet for this year's Christmas shopping. >>

Tuesday, December 16, 2008

OTX/DEI: Consumers want to engage directly with brands

Recently released findings from research firm OTX, for DEI Worldwide, adds ammo to the power of online word-of-mouth strategies. >>

Tuesday, December 16, 2008

CyberSource: 2008 online fraud to reach $4 billion

E-commerce across the U.S. is expected to experience a record $4 billion in losses due to fraud, according to CyberSource Corp's 10th annual survey, with fraud on international orders almost four times higher than on domestic sales. >>

Monday, December 15, 2008

comScore: December brings biggest online shopping day ever

E-Tailers have a few things to crow about this holiday season, specifically that holiday sales are continuing to grow despite early forecasts of dismal holiday sales. Through December 12, online shoppers have spent nearly $19.5 billion online, essentially the same amount that was spent in 2007. >>

Friday, December 12, 2008

Online shoppers putting bargains before online security

Online shoppers are putting their quest for a bargain before their online security, according to a new survey from BT Tradespace. >>

Thursday, December 11, 2008

CompUSA brings Internet in-store

A retailer in Florida is bringing the Internet to its bricks and mortar store. Miami-based CompUSA is providing customers with access to information at the point of sale to help them make better informed buying decisions. >>

Thursday, December 11, 2008

Email Solution could solve shopping cart abandonment

There's a new solution in town that could help etailers the solve the problem of shopping cart abandonment. Researchers have found that more than $50 billion is lost yearly because shopping carts are abandoned. The eWayDirect platform is an email platform that is purported to help marketers reengage shoppers and close those lost sales. >>

Thursday, December 11, 2008

PointRoll partners with Komli to serve ads in India

A new partnership between Komli Media and PointRoll will deliver rich media ads to Indian consumers. Through the partnership Indian online advertisers will have a resource to deliver rich media ads to consumers. >>

Wednesday, December 10, 2008

SMRB: Increasing number of consumers clicking coupons

Consumers all over the U.S. are coupon-clicking this winter, and recent research from Simmons Market Research Bureau found the numbers are, unsurprisingly, well up on last year. >>

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