 News about digital retail commerce |  | - PayPal is poised to double revenue by 2013
PayPal is on track to book revenue of between $6 billion and $7 billion in two years, making it eBay's largest division in three to five years, PayPal President Scott Thompson said. The company commands 18% of global online payments, up from 14% in 2008, despite an increase in competition. Bloomberg (2/10), The Wall Street Journal (2/11)          | What retailers can teach etailers They are two different worlds, but etail can still learn a lot from retail. Learn 4 key mistakes that make etailers lose out big on sales, and the solutions that even a corner store retailer knows by heart. Ensure your online store really is open for business! No registration required: watch the video now! | - Social media woos Valentine's shoppers
Marketers are tugging on consumers' digital heartstrings to get a piece of this year's Valentine's Day market. Mattel, Victoria's Secret and CBS are among the brands that have launched romantic-themed social media campaigns for the holiday. Mattel is letting fans of its Barbie and Ken dolls vote on whether the couple should reunite after their seven-year hiatus. Rovio Mobile is helping "Angry Birds" lovers express their feelings with online cards based on the popular game. USA TODAY (2/11)         - Mr Porter aims to prove men want high-end online shopping
Net-a-Porter has launched a sibling site for men, with a less cluttered look and profiles of "real-life" men. The site and similar efforts from upscale menswear brand Ermenegildo Zegna and Gilt Groupe will test whether online merchants can find the right formula to attract male buyers, who are way behind women when it comes to online apparel shopping. The Wall Street Journal (2/10)         - Tommy Hilfiger takes its fashion line to eBay
Tommy Hilfiger is the latest designer to feature a line on eBay, with a store open on the site's fashion portal. Hilfiger's styles join similar eBay ventures by Calvin Klein, Timberland and Brooks Brothers, all of which launched stores as part of eBay's push to revamp its marketplace with specialty stores. AuctionBytes (2/10)          | Turning Online Shopper Uncertainty into a New Source of Sales and Profits. Eliminating consumer uncertainty is a challenge for all online merchants. The question is, how can you address shoppers' concerns and increase sales and profits in the process? Download the buySAFE white paper to learn more NOW! |
- New daily-deal site aims to appeal to gay consumers
The newest daily-deal site to launch offers discounts starting at 45% on products and services aimed at appealing to the gay community. Fab.com is the latest site to put a twist on the Groupon model by selling to a niche -- earlier efforts included Jewish discount site Jdeal.com, CamoFire.com, which sells hunting and outdoor gear and Paws4deals.com, which offers bargains on pet products. The Wall Street Journal/In Charge blog (2/10)         - How small retailers can turn iPhones into cash registers
Tiny credit-card readers from Square, Intuit and others give entrepreneurs and small business owners the option of using their iPhones and iPads to more quickly collect payments from customers. One potential glitch: smartphones are vulnerable to hackers, who gain access through malicious software downloads. Bloomberg Businessweek (2/10)         - 3 rules for controlling social data
Sites such as Facebook offer a rich source of customer data, but companies need to follow some rules if they don't want to risk turning customers off, writes Liza Hausman. Always explain why you are asking users to connect, describe what's in it for them and don't go beyond the boundaries of what customers expect when using their social data to connect, she writes. iMedia Connection (2/11)          | Xerox® ColorQube® solid ink printers, starting at $699. With 90% less waste and speeds up to 40 ppm, ColorQube® is your perfect solution for affordable color printing. Plus, save up to $300 with a trade-in rebate. Enter to win an Apple® iPad™. |
- Groupon gears up to launch service in China
Groupon has hired about 120 employees in China and plans to launch its daily deal service there soon, working with an as-yet unnamed partner, said the company's Hong Kong CEO Danny Yeung. Chicago-based Groupon plans to expand its employee base in China to about 1,000 in the next three months, in its quest to dominate the market, he said. Bloomberg (2/10)          | Are you keeping up with the changing world of employee health care? Get The Basics of Employee Health Care for Small Business: A Guide to Creating a Company Benefit Plan, and find out what you need to know today. There's no obligation. Click to download a FREE whitepaper. |
Shop.org Spotlight |  |  | | - Projections for 2020: What will tomorrow's consumer look like?
When thinking about what to expect in retail over the next 10 years, Ira Kalish, director of global economics for Deloitte Research, says it's important to review the past. In a recent BIG Show super session, Kalish highlighted the impact of the global happenings of today on the consumer of tomorrow, as well as the challenges and opportunities retailers will face in 2020. Read more.         SmartQuote |  |  | |  | To sin by silence when they should protest makes cowards of men." --Abraham Lincoln, 16th U.S. president   | | | This SmartBrief was created for cpgbrokers.data@blogger.com | | Advertise | Sales Account Director: Dena Malouf 202.737.5500 ext. 282 | | | | | | Recent Shop.org SmartBrief Issues: - Thursday, February 10, 2011
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- Friday, February 04, 2011
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