Wednesday, August 24, 2011

How national chains fared on a digital IQ test

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August 24, 2011
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News about digital retail commerce

  Top Story 
 
  • Behind the scenes at flash-sale site Ideeli
    Every day photographers, stylists and writers create images and copy designed to sell 1,000 products to members who log onto flash-sale site Ideeli in search of fashion deals. This piece takes readers behind the scenes of the New York-based company which, with $77.7 million in annual income, is the country's fastest-growing private company. Inc. (9/2011) LinkedInFacebookTwitterEmail this Story
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  Online Retail Trends 
 
  • How national chains fared on a digital IQ test
    Macy's, Victoria's Secret and Nordstrom were named "geniuses" for strong digital strategies in a recent survey that evaluated 64 retail chains across four categories: website, digital marketing, social media and mobile. The study assigned each merchant an IQ score, and several other chains including Bloomingdale's, Blue Fly and Gilt Groupe earned "gifted" scores. MediaPost Communications/Marketing Daily (8/24) LinkedInFacebookTwitterEmail this Story
  • Analyst: Online retailers would fare better in another downturn
    Online retailers including Amazon and eBay will see a dip in sales if the economy heads into another recession, but it's unlikely to be as bad as the last one, said Janney Capital analyst Shawn Milne. E-commerce sales declined at a slower rate compared with brick-and-mortar ones during the last recession, and online merchants gained market share as consumers searched for deals. Yahoo!/The Associated Press (8/23) LinkedInFacebookTwitterEmail this Story
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  New Media & Technology 
  • Florida grocers add smartphone apps
    Grocery chains in South Florida, including Publix Super Markets, Winn-Dixie Stores and ALDI, are introducing store-specific applications for smartphones, letting users access weekly deals and create shopping lists. Each app has different features, with one Publix app sending text alerts for produce in season. The Miami Herald (free registration) (8/23) LinkedInFacebookTwitterEmail this Story
  • How competitive price intelligence can boost conversions
    Online merchants lose billions each year to shopping cart abandonment and the figures are growing as consumers become more savvy in sussing out the best deals before they click "buy." Retailers can stem the tide with tools that help them track competitive price intelligence and tailor their offerings accordingly, this story says. Multichannel Merchant (8/23) LinkedInFacebookTwitterEmail this Story
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  Companies in the News 
 
 
  • Taobao bans sales of anti-censorship software
    Chinese online retailer Taobao has banned sales of software designed to bypass the government's Internet censorship. The company says the move was voluntary and not the result of an official order by the government, which is tightening censorship efforts as it works to avoid a Middle East-style protest movement. ABC News/The Associated Press (8/23) LinkedInFacebookTwitterEmail this Story
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  Shop.org Spotlight 
  • 10 must-have components for selling digitally this holiday season
    The holiday season is right around the corner -- have you made your strategy list and checked it twice? Let Shop.org's recently released 2011 Holiday Strategy & Planning Guide be your road map. Included in the guide are 10 specific components of a successful foundation for holiday season selling strategies. Shop.org members, download your free copy now; non-members can purchase the full report. Learn more. LinkedInFacebookTwitterEmail this Story
  • Shop.org SmartStat: Aug. 24, 2011
    Last year, 212 million shoppers visited stores and websites over Black Friday weekend. Source: NRF survey conducted by BIGresearch. LinkedInFacebookTwitterEmail this Story
 
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  SmartQuote 
In dwelling, live close to the ground. In thinking, keep to the simple. In conflict, be fair and generous. In governing, don't try to control. In work, do what you enjoy. In family life, be completely present."
--Lao Tzu,
Chinese philosopher


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