Tuesday, March 29, 2011

EBay to heat up Amazon rivalry with $2.4 billion GSI acquisition

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March 29, 2011
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News about digital retail commerce

  Top Story 
 
  • EBay to heat up Amazon rivalry with $2.4 billion GSI acquisition
    EBay plans to acquire e-commerce service company GSI Commerce in a deal valued at $2.4 billion, a move that marks the online auction site's aggressive push into Amazon's territory. GSI and Amazon both offer retailers the order-management, fulfillment and shipping services they need for their online retail stores. Philadelphia-based GSI's client list boasts more than 180 high-profile retailers and brands including Aeropostale, Timberland and Zales. The Wall Street Journal (3/29), Bloomberg (3/29), The Wall Street Journal (3/29) LinkedInFacebookTwitterEmail this Story
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  Online Retail Trends 
 
  • Training is a key element of mobile app success, says Pizza Hut CIO
    Mobile applications are a fast-growing must-have marketing tool for large chains, but companies must take care not to overlook the need for proper training for employees, said Pizza Hut CIO Baron Concors. "We found many customers walking into restaurants, asking our personnel how to use the iPhone app. That can get lost in the mix," he said. StorefrontBacktalk (3/28) LinkedInFacebookTwitterEmail this Story
  • Social media tools can build loyalty, Tasti D-Lite exec says
    Marketers need to start incorporating social media techniques into their campaigns, says Tasti D-Lite Chief Marketing Officer Bill Zinke. Social media allows brands to convert shoppers from occasional purchasers to habitual consumers by building relationships with them, Zinke says. "Literally every day there are new opportunities and new ways to integrate social media into what you're doing, which touches more people than in the old days of just blasting out messages on TV or radio or outdoor," he says. Advertising Age (tiered subscription model) (3/28) LinkedInFacebookTwitterEmail this Story
  • Online purchasing becomes more popular in Europe
    A report from Deutsche Card Services, a payment processor based in Germany, said that women make 58.9% of purchases at online retailers in Europe. However, men are more likely than women to use a credit card to pay for their online purchases and men spend more. "Overall, online purchasing and payment has become more of an everyday occurrence for customers, who use the Internet more and more for buying household goods," said Jens Mahlke of Deutsche Card Services. InternetRetailer.com (3/28) LinkedInFacebookTwitterEmail this Story
 
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  New Media & Technology 
 
  • Kudos creates charity-based daily deal site
    Kudos Community plans to launch its own version of a daily deal site this week, aimed at giving merchants an opportunity to connect with prospective customers and contribute to 1.2 million charitable causes. Members pick three charities when they sign up, and the causes receive donations each time the user receives a daily deal offer from a participating business. MediaPost Communications/Online Media Daily (3/29) LinkedInFacebookTwitterEmail this Story
  • AmEx launches a mobile payment service
    American Express has launched Serve, an online and mobile payment service that allows users to send money to other customers using smartphones as well as pay for purchases online and at brick-and-mortar stores. Serve accounts are prepaid electronic wallets that can be linked to checking accounts, credit cards or debit cards, and the service could challenge competitors Visa and PayPal. Bloomberg (3/28) LinkedInFacebookTwitterEmail this Story
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  Companies in the News 
 
  • Ousted Twitter co-founder returns to the fold
    Twitter co-founder and former CEO Jack Dorsey has returned to the company as its product chief, two years after being asked to resign amid reported disagreements with fellow co-founder Evan Williams, who stepped down as CEO last fall but remains an adviser to the 5-year-old social site. The Wall Street Journal (3/28) LinkedInFacebookTwitterEmail this Story
  • Other News
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  Shop.org Spotlight 
  • How direct-to-consumer manufacturers are changing online retail
    More and more product companies are not only developing and delivering products to retailers, but becoming retailers themselves. As manufacturers begin to sell online, should traditional retailers view them as competition or marketing partners? In tomorrow's Shop.org webinar, Resource Interactive CSO Anne Marie Thomas and PUMA Director of E-commerce Tom Davis will explore this new dynamic. Register or learn more. LinkedInFacebookTwitterEmail this Story

  • Shop.org SmartStat: March 29, 2011
    44% of retailers will make offering customer-specific product recommendations a priority over the next 18 months, up from 32% last year. Source: Retail Horizons 2011. LinkedInFacebookTwitterEmail this Story
 
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