Thursday, May 26, 2011

E-commerce players catch on to video's selling power

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May 26, 2011
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How CFOs and VPs of Sales Can Improve Forecast Accuracy & Increase Revenues
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  Online Retail Trends 
 
  • Online retailers lure top talent from magazines
    E-commerce players including Net-A-Porter and Gilt Groupe have been snapping up high-profile magazine editors and writers to create content that keeps online visitors coming back and spurs increased sales. Last week, former Gourmet editor Ruth Reichl officially took over as editor for Gilt's new gourmet food-selling site, Gilt Taste. "I love the world of magazines but I really feel like this is the next spin of the wheel. This is the future." Women's Wear Daily (subscription required) (5/25) LinkedInFacebookTwitterEmail this Story
  • E-commerce players catch on to video's selling power
    The number of online retail sites using 1,000 or more video clips rose 50% in the last quarter, as more merchants embrace streaming video and its power to help sell products, said video provider SundaySky. Retailers are also increasingly pushing their video content out to YouTube and other sites, and video clips are starting to rank higher in search results, the company said. MediaPost Communications/VidBlog (5/25) LinkedInFacebookTwitterEmail this Story
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  New Media & Technology 
  • Brands break new ground with location-based tools
    Companies including Target and H&M are experimenting with relatively new location-based technology to build loyalty and sales. Target has signed on with Shopkick, which rewards smartphone-armed customers with special offers just for walking into the store, and H&M's GoldRun iPhone application gives 10% discounts to fans who snap photos of featured items in the chain's store windows. iMedia Connection (5/26) LinkedInFacebookTwitterEmail this Story
  • Mobile checkout gadgets may boost sales
    New systems such as Stop & Shop's Scan It that let shoppers speed checkout by scanning items as they go may also encourage customers to spend more, according to this story. Scanning systems deliver instant coupons for items that may be complementary to the products shoppers have already scanned. Fox Business (5/25) LinkedInFacebookTwitterEmail this Story
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  Companies in the News 
 
  • Amazon's tech center in Scotland will create 900 jobs
    Growing demand for Amazon's Kindle prompted the company to create a technology and customer-service facility in Edinburgh, Scotland. The center, opening in August, will employ 500 full-time and 400 temporary workers. By year-end, Amazon will open a fulfillment center in Dunfermline, Scotland, that will employ about 950. Telegraph (London) (5/25) LinkedInFacebookTwitterEmail this Story
 
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Help protect your employees by managing business travel risks with Zurich's white paper 'Managing the Risks of Business Travel: What every business needs to know'. Click here for the FREE download!
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  Interactive Advertising 
  • Facebook founder sees best ad as one between friends
    Publicis Groupe chief Maurice Levy interviewed Facebook co-founder and CEO Mark Zuckerberg at the e-G8 conference -- a notable choice considering that the social network's model is for friends to market to each other, without need of an agency middle man, according to writer Michael Wolff. "If you think about advertising, what's going to be more effective than any advertising you show is something your friend says they like," Zuckerberg said. Adweek (5/25) LinkedInFacebookTwitterEmail this Story
  • For a lucky few, blogging is a career
    Amid the flotsam of dedicated bloggers across the Internet, a few are making enough money, mostly from ads, to survive. Some even prosper, although it might take years to win the kind of following that makes advertising pay off. The key ingredients are having subject matter about which bloggers know and are passionate, then finding the right ad model. The New York Times (tiered subscription model) (5/25) LinkedInFacebookTwitterEmail this Story
  Shop.org Spotlight 
 
  • Shop.org accepting white paper submissions
    Has your company recently published a white paper, case study, benchmarking report or other original document that serves to educate or support aspects of the e-commerce industry? Shop.org members can submit original materials now so others in the industry can benefit. Learn more. LinkedInFacebookTwitterEmail this Story
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  SmartQuote 
Do not seek to follow in the footsteps of the wise. Seek what they sought."
--Matsuo Basho,
Japanese poet


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