 | News about digital retail commerce |  |
- Most under-35s see true convenience in m-commerce
The millenial generation grew up with mobile phones, and more than half of them use their smartphones and tablets to research products while they're shopping, according to data from several recent surveys. Consumers age 16-34 are also more likely than their older counterparts to make impulse purchases using their mobiles, but more than a third of the purchases total $5 or less. eMarketer (9/16)       | Personalized Dynamic Merchandising: Learn the critical success factors for selecting a recommendation engine and harnessing data-driven technology solutions with the most versatile and flexible merchandising console to drive more revenue per visit. DOWNLOAD WHITEPAPER | - Report delves into Australia's retail battle
AMP Capital Shopping Centres in Australia has released its annual Recommended Retail Practices Report, which indicates that the battle between online and traditional retailers is not as simple as it's being presented. The report says that retailers need to embrace digital integration because consumers have come to expect it. Marketing Mag (Australia) (9/20)  | New for Holiday! Shotfarm’s Product Image Gathering Service. Let shotfarm’s data team collect all of the high-resolution product images and information you need for your site. Cut your image collection costs by 50-80% and never chase another supplier! This month only, receive 25% off your order. To learn more about shotfarm, visit www.shotfarm.com. | | New Media & Technology |  |  | | - The ins and outs of opting for an m-commerce vendor
About one-third of merchants engaged in mobile commerce have contracted with m-commerce vendors to create and manage the platform, according to Forrester Research. Vendors can provide the flexibility retailers need to quickly launch a mobile site and keep it updated, but long-term contracts may prevent merchants from taking advantage of technological advancements, says Forrester analyst Peter Sheldon. InternetRetailer.com (9/19) - CrowdFlower sells crowdsourcing of small tasks
CrowdFlower is an outsourcing company that offers businesses a way to cut costs by farming out small tasks to the company's pool of 1.5 million workers. The workers spend between 10 minutes and two hours on Web-based research, and they are typically paid in extra cell phone minutes or online game credits. Network World (9/20)  |  |  | | How to turn money you already spend into points you can use:
Introducing The New Business Gold Rewards Card from American Express OPEN, designed to earn Membership Rewards® points faster: 3X on airfare. 2X on advertising, gas & shipping. 1X on everything else. Use points to pay for travel, Amazon.com purchases, Facebook ads, and more. 50K bonus points when you spend $10K your first 5 months.
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  - GrubHub raises $50 million, buys parent of Campusfood and Allmenus
Chicago-based mobile food ordering and delivery service GrubHub has raised $50 million in a new funding round and acquired New York City-based Dotmenu, the parent of Campusfood and Allmenus. GrubHub boasts 13,000 menus from restaurants in 13 major U.S. markets. Dotmenu offers a similar service that's focused on college campuses around the country. TechCrunch (9/20) - Facebook Credits to boost Facebook revenue in 2011
Facebook is poised to book $4.27 billion in revenue this year, up from $2 billion last year, due in large part to the rapid growth of its internal payment system, Facebook Credits. Ad sales still compose the bulk of Facebook's revenue, but the revenue from Credits has more than tripled this year to $470 million, compared to $140 million in 2010. VentureBeat (9/20) - Joyus aims to sell styles with online videos
Startup Joyus is betting that Web-savvy fashionistas will flock to its website's short videos and stick around long enough to buy from featured collections. The company was founded by former Google executive Sukhinder Singh Cassidy and has raised $7.9 million from investors including Accel Partners. FastCompany.com (9/21)  | IMPACT Comes to You Roadshow 2011—St Louis, MO
See how companies like yours are driving growth by implementing technologies such as Business Process Management, Service Oriented Architecture, and Cloud technologies. Meet with other business and IT leaders, hear customer success stories, and watch product demos. Register for Impact Comes to You! |
| Interactive Advertising | | | | - AOL enables e-commerce inside display ads
AOL announced a feature of its Project Devil display-ad upgrade that allows users to conduct online transactions via display ads. These ads, which AOL plans to have ready in time for the holidays, would expand to almost full screen and pull in content from marketers' websites so users can shop without leaving their page. Adweek (9/21), PaidContent.org (9/21) - SAY Media: Digital ads need sprucing
Troy Young, president of SAY Media, is on a neatness kick, overseeing the launch of a "Clean Campaign" across the online media and advertising company's properties that is designed to streamline Web pages. A new ad format called AdFrames is meant to counter what Young sees as mostly cluttered sites. Adweek (9/20)  | |  | | The Buzz(CORPORATE ANNOUNCEMENTS)
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| Legislative & Regulatory | | | | - Michigan bill aims for collection of online sales tax
Michigan legislators unveiled a bill that would require Amazon and other online retailers with affiliates there to collect the state's 6% sales tax from in-state buyers. Residents are supposed to pay the tax when they file a state income-tax return, but few do. A study by the Michigan Retailers Association says the state loses as much as $289 million annually. Detroit Free Press (9/20) | Shop.org Spotlight | | | | - SORO findings: Retailers' conversion rates are growing
The State of Retailing Online 2011: Merchandising, Headcount, and Global Strategies Report found that retailers' investments in site merchandising have bolstered e-commerce revenues as conversion rates for most companies increased in the past year. The latest report outlines site merchandising tactics, headcount dedicated to various e-commerce functions such as merchandising and IT, and details regarding the execution of global online selling efforts. This is the second of two reports that detail the findings from The State of Retailing Online 2011, a Shop.org research survey conducted by Forrester Research. Learn more. - Nordstrom, Macy's, GameStop make strides on STORES' Favorite 50 online retailers list
Amazon, Wal-Mart and eBay hold down the top spots on STORES Magazine's Favorite 50 online retailers survey, but a new batch of online companies are making big impressions on online shoppers. According to the 2011 list, Macy's joined the top 10 for the first time in the survey's history while Nordstrom and GameStop each debuted for the first time. Read more. - Shop.org SmartStat: Sept. 21, 2011
 Eighty-five percent of Internet users prefer e-mail over offline media to gain info about products of specific interest to them. Source: eMarketer
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