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    Posts Tagged ‘ecommerce’

    Tablets generate more web traffic than smartphones

    Tuesday, May 15th, 2012

    According to Adobe’s Digital Index Report, tablets generate four times the amount of web traffic than smartphones.

    Smartphones are simply more abundant than tablets currently. By the end of the first quarter of 2012 smartphones accounted for 6.1% of website visits compared to 4.3% on tablets.

    Smartphone vs tablet for website traffic

    Adobe makes a bold prediction. They believe that based on the current growth rate, tablet traffic online will beat smartphone traffic within 12 months.

    Now, tablets also tend to perform better for eCommerce / mCommerce as well. A survey by InMobi and Mobext discovered that 69% of tablet users make a web purchase on their device each month. Although tablets do not have the market share that smartphones do, the level to which tablet users contribute to web traffic and shop online demonstrate a need for online shops to consider tablets and a wider mobile strategy.

    Pinterest clone presented by China’s Alibaba

    Sunday, April 1st, 2012

    Alibaba is replicating Pinterest for the Chinese market, which could pave the way for a new model of eCommerce in a powerhouse economy. The social shopping platform called Fa Xian looks a lot like Pinterest and is attracting up to 60,000 unique visitors a day, according to Reuters. The Fa Xian website is essentially a marketing platform for Alibaba, which is an eCommerce portal.

    All of the products available for purchase on Fa Xian are through Alibaba-affiliate ecommerce websites, Taobao Mall and Taobao Marketplace. It will be interesting to see how the Pinterest model adapts and evolves in the China market, and how it’s evolution will affect the marketing of eCommerce.

    eCommerce shopping for 2011 holiday season hits $37.2 billion

    Saturday, January 7th, 2012

    By mid December of 2011, the US saw six of the largest eCommerce spending days during the holiday season. The holiday season of November and December in 2011 proved to be one of the largest ever. Online retailers saw a 15% increase from the prior year.

    • eCommerce shopping for the 2011 holiday season hit $37.2 billion

    Of the holiday season, the single biggest day was Cyber Monday with $1.25bn in spending. The holiday season was a landmark one for eCommerce spending in the US. The Internet is gaining in appeal for retail shopping because of it’s convenience, selection and lower prices. Shopping tools such as deals and discounts (available through digital channels) have helped to spawn such growth. Free shipping has also grown in appeal. Over half of transactions this season, provided free shipping as a way to drive online sales.

    UK shoppers are big into eCommerce and China too

    Thursday, December 15th, 2011

    According to the sixth annual International Communications Market report from Ofcom, UK consumers shop online more than any other ‘major’ country. The report states that 79% of internet users in the UK said they had ordered goods or services online in 2010.

    China is another heavy eCommerce shopper. Internet sales in China reached 4.5 trillion yuan ($684 billion) in 2010. Consumer online spending basically doubled to 513.1 billion yuan in 2010 from one year prior.

    There are numerous reasons for consumers to take their buying online. Convenience, accessibility of a limitless variety of products not bound by regional preference, and on-the-go casual browsing are among the factors that make the Internet an attractive marketplace. Recent advances in speed, ubiquity and security have given consumers more reason to take the online buying leap of faith.

    Virtual gifts may be a big hit this season

    Sunday, December 11th, 2011

    The global ecommerce industry may see a huge rise in activity within the virtual goods market this holiday season. One big reason for the growth of virtual goods include the explosive growth of smartphones and tablet devices, which compel users to participate in the virtual goods market, whether simply downloading a free application or buying an iTunes gift card.

    In a US-focused statistics report last month by  from Elastic Path it showed that  27% of holiday shoppers are planning to buy digital wares with 36% of those intending to spend more on virtual items than they did in 2010.

    What are the most popular digital gifts?

    • Game downloads
    • Rentals
    • Subscriptions

    About 21% of consumers are considering giving game downloads, rentals and subscriptions as gifts to others this season. Music downloads/subscriptions and ebooks are the runners up with 16%-20% of consumers seeking to populate their devices with media.  And, of course, we should not forgot redeemable gift cards which are extremely popular with digital buyers.

    Which converts for ecommerce better–mobile or tablet?

    Sunday, December 4th, 2011

    Mobile conversion rates are not as strong as tablet conversion rates according to a new report by Monetate, a cloud-based metrics platform. The study monitored traffic and purchases from Thanksgiving to ‘Cyber Monday’ and tracked bounce rates and ‘add to cart rates’ across the three platforms–websites, mobile and tablet ecommerce. The data focuses on visits from 12.5 million in 2010 and 15.5 million in 2011, and the random selection process of the report helps to prevent unintended bias.

    The study showed that mobile eCommerce achieved a conversion rate of 2.3%, whereas desktop websites achieved a 5.4% conversion rate on average. Tablet-based eCommerce usage was an impressive 5%.

    Despite the fact of this study that mobile is underperforming when placed in comparison against tablet and desktop ecommerce experiences, mobile is helping to dramatically change the world of online shopping through the entire buying cycle: discovery, research, branding, conversion and loyalty. The personalized and perpetual, on-the-go experience of mobile is becoming more entrenched in buyers lifestyles so the mobile revolution is still in it’s infancy. Tablet is a new (hybrid) experience that may help influence and transform the desktop web development industry–helping to further personalize the experience of the web.

    Could Amazon Prime Face Stiff Competition?

    Saturday, December 3rd, 2011

    amazon is an ecommerce search engine... prime is one of it's core attractionsAmazon Prime offers it’s customers free shipping after paying a yearly membership of $79. The idea is quite fantastic–as it encourages it’s buyers with a loyalty program with perks beyond just the shipping deal.

    Amazon Prime may face competition from outside the ranks of the eCommerce world. The Wall Street Journal has published that Google is in talks with many large retailers regarding a service that would offer fast and inexpensive shipping. It appears that Google may be seeking out partners like the USPS and UPS for a same-day, or next-day delivery service for eCommerce.

    Amazon is a default search engine for products, gifts and books for many shoppers who are in the mood to buy or simply research. Google needs to break into the product search market to strengthen it’s core discipline. Prime is essentially stealing potential search users from Google, and such users are highly valuable to the search giant as they are driven to click on those little text ads that are the primary revenue source of Google.

    Cyber Monday gives eCommerce websites their own sales holiday

    Monday, November 28th, 2011

    online salesCyber Monday is an artificial shopping holiday designed to give the eCommerce market a boost in sales similar to that of Black Friday. Last year was the first time that Cyber Monday was the largest shopping day for online sales. Cyber Monday of 2010 was extremely exciting for eCommerce websites as online sales reached 1 billion dollars (according to ComScore).

    The pseudo-holiday has been great for under dog eCommerce, flash-sale websites and other online retail websites.  And, certainly, the pairing of Black Friday to be followed immediately by Cyber Monday has been a fantastic indicator of the ebb and flow of the economy at large.

    If Black Friday is an economic indicator by any approximate measure, then things may truly be looking up for the US economy. Online sales this Friday soared to $816 million online, which is 26% more than last year. For instance, PayPal, an online payment processor, witnessed online payment volume going up 19 percent over the year before.

    Credit: Cyber Monday was dreamed up in 2005 by Shop.org.

    UK product reviews, a common occurrence, it seems

    Wednesday, November 23rd, 2011

    The British seem to be a bit more keen on product reviews than US Internet users.

    According to a new survey from Lexis and digital outfit Beyond, nearly half of UK users have reviewed a product online compared to 33% in the US.

    UK users are more likely to purchase a product after engaging with brands online. Nearly half, (43%),  were influenced to make a purchase compared to 31% in the US.

    Also in the survey, one of five, 20%, of both US and UK consumers were prompted to share a recommendation after engaging with a brand.

    eCommerce to be taxed out of state?

    Thursday, November 10th, 2011

    Four US senators have submitted legislation called the Marketplace Fairness Actthat would enable states to collect taxes on eCommerce sales even for buyers that are out-of-state. This legislation would undo a practice of not taxing Internet sellers that has been around since the dawn of eCommerce on the web.

    The justification for this new legislation is based on estimates of close to US$4 billion in eCommerce sales taxes go uncollected every year. Also, the Senators feel that the current system is unfair to small, bricks-and-mortar businesses and shops.

    States would only be able for collecting sales tax on Internet sales if they sign-on to a Streamlined Sales ( simplifed sales tax collection)–Tax Agreement (SSUTA), a 12-year-old effort.

    NetChoice and a number of other major Internet trade advocates oppose the legislation saying that it will seriously hurt small business and hurt consumers.