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  | News about digital retail commerce |  | | |  | - Amazon invests in social-networking startup fund
Amazon, Facebook and four other technology companies have partnered to back a $250 million fund aimed at investing in social-networking startups. At a launch event Thursday for the fund, led by early-stage tech investment firm Kleiner Perkins Caufield & Byers, Amazon CEO Jeff Bezos said his company is interested in supporting startups that will use the Amazon Web Services cloud-computing platform. San Francisco Chronicle (10/22)       | Video Commerce: 4 Tips to Fast Forward to More Revenue
Online video helps retailers close the gap between the "touch and feel" experience of being in a physical store. This free white paper offers 4 video commerce tips to help you showcase the right video at just the right moment in a customer's purchase path to increase order values, improve conversion rates, and lower product return rates. | - Newfangled credit cards will expand payment options
The next generation of credit cards won't immediately replace the plastic rectangles in our wallets, but they do promise to offer more payment options and increased security features. Citibank is slated to start testing a new version next month that lets users decide whether to pay with credit or rewards points; others are replacing traditional magnetic strips with chips and PIN codes designed to enhance security. The New York Times (free registration) (10/21) - Report: Digital coupon use grew 60% this year
The use of digital coupons grew about 60% during the first nine months of 2010 compared with the same period last year, and the number of manufacturers offering digital coupons rose 23%, according to data from Kantar Media. Retailers use the digital vouchers as a way to drive traffic to their websites, the report says, while they appeal to manufacturers because of their shorter lead times. DMNews (10/21) - Privacy concerns keep retailers from integrating MS Tag
None of the handful of high-profile merchants experimenting with Microsoft's mobile bar-code tool is using its interactive capabilities. They are held back by concerns over IT intrusiveness and customer privacy. The tools have the potential to add significantly to CRM efforts by providing a record of every purchase and every product that customers have seriously considered. StorefrontBacktalk (10/21)  | Free social media whitepaper! "Top Ten Ways to Engage Your Fans on Facebook". See how you can turn your Facebook fan base into an army of dedicated brand advocates. Learn best practices, see real life examples, and get actionable tips. This 24 page report is a must read for companies looking to leverage the power of Facebook. Download Whitepaper. |
 - Home Depot aims to personalize its website experience
Home Depot revamped its e-commerce site in May; now the home-improvement chain plans to augment the site with features aimed at personalizing the experience based on a user's location. The site will recognize users' locations based in their computers' IP addresses and customize the home page accordingly. InternetRetailer.com (10/21) - Baidu surges as Google fades in China
Chinese search engine Baidu in the third quarter saw its profits increase by more than 100%, to $156.4 million, compared with the same period in 2009. The company, which has captured a bigger share of the Chinese market since Google's shutdown of its local site, plans to continue a "step-up" in its technology spending, said Chief Financial Officer Jennifer Li. Bloomberg (10/22) - Gap details ambitious plans for international online sales
Online sales are driving revenue growth at Gap's brands, and the company has aggressive plans to expand its Gap, Banana Republic and Old Navy online stores in international markets, including China and Japan. With a goal of $2 billion in annual online sales by 2014, the company also expects to expand merchandise offerings at its online-only brand, Piperlime.com. InternetRetailer.com (10/20) - China's OkBuy.com raises $17 million in new funding
Chinese online shoe retailer OkBuy.com has raised $17 million in a new round of funding from first-round investor Sequoia Capital, along with Intel Capital and Draper Fisher Jurvetson. The company, which some call the Zappos of China, plans to use the second round of funding to increase its product mix. VentureBeat (10/21)  | Gain Control of Your Most Expensive Resource
The market for workforce management is still maturing and many growing companies have yet to implement a workforce management system. Download this complimentary article to learn about why growing companies need to adopt a workforce management solution to stay competitive and the business value this solution provides. |
| Shop.org Spotlight |  | | | - Wanted: Intriguing topics and motivated speakers
Be a part of one of the hottest digital retailing events of the year. Submit your proposals now for Shop.org's 2011 events -- including the 2011 webinar series and Online Merchandising Workshop held in July 2011. Annual Summit '11 proposals will also be accepted through the end of the year. Learn more. - Shop.org SmartStat: Oct. 22, 2010
 One-third of retailers surveyed reported lower marketing costs per order in 2010 compared with 2009. Source: The State of Retailing Online 2010. - Selling out! Few spots left for Shop.org fall networking dinners
New York, Boston and San Francisco have already sold out, but if you're in the Seattle or Los Angeles areas, get your name on the list for our free, retailer-only networking dinners held the first two weeks of November. Enjoy a good meal with great company! Dinners are open to area online and multichannel retailers; nonmembers welcome. Only a few spots remain, so get your reservation in now. Register or learn more.
| SmartQuote | | | |  | A committee is a cul-de-sac down which ideas are lured and then quietly strangled."
--Sir Barnett Cocks,
British politician  |
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