Amazon’s results this week were in sharp contrast with the overall health of the retail sector. As highlighted during the holiday seasons, Amazon ruthlessly grabbed market share in an overall down retail market and turned a respectable profit on its very solid execution.
Amazon’s success builds on
- a ...
Deep discounts and free shipping promotions have sparked a catch up in holiday online sales, as exhibited in the chart below. However, remember this holiday season is one week shorter than last year, so holiday sales might well end up coming short overall.
Consumers have been very receptive and ...
Historically, online sales on cyber Monday have been a good indicator of ecommerce’s year over year growth for the Holiday season.
ComScore reports that online sales for this year’s Black Friday grew a measly 2% year over year. “Early reports suggest that Black Friday sales in retail stores were slightly ...
Yahoo! sold Kelkoo today for a mere €100M – a fifth of what it paid in 2004 to acquire it (€475M). Beyond Yahoo’s internal issues and ability to absorb a large entity, a few fundamental issues have plagued Kelkoo and its likes (Shopping.com, PriceGrabber.com, etc.).
Kelkoo and other first-generation ...
Buy.ology is a captivating read that presents Martin Lindstrom’s foray into neuromarketing – using neuroscience experiments, such as MRI scans, to determine what drives our consumer and shopping habits. Some results are quite thought provoking, such as the fact that consumer warnings on cigarette packs seem to not only fail ...
