Items tagged with ecommerce

Amazon came up short of analysts' expectations for its fiscal third quarter of 2014. The e-tailer saw its sales increase 20 percent to $20.58 billion, compared with $17.09 billion in the same quarter a year ago, though the firm also posted an operating loss of $544 million, compared with an operating loss of $25 million a year prior. The end result of Amazon's efforts for its third quarter ended September 30, 2014, is a net loss of $437 million, or $0.95 per diluted share, compared with a net loss of $41 million, or $0.09 per diluted share, in the third quarter of 2013. Nevertheless, company CEO... Read more...
With the holiday shopping season right around the bend, companies will be ramping up efforts to draw eyeballs to their wares and solicit your business. Enter Amazon and the introduction of a new shopping hashtag that allows Twitter users to add items to their Amazon Wish List simply by tweeting. Just include #AmazonWishList and a link to the item you're jonesing for in your tweet, or reply to a tweet containing an Amazon link with the aforementioned hashtag. "Twitter offers Amazon customers a great environment for inspiration and discovery," said John Yurcisin, Director of Social at Amazon. "#AmazonWishList... Read more...
One of the biggest dilemmas facing the decision makers at Twitter is how to turn a highly popular microblogging platform into a money generating machine. Integrating ads is one answer, though it's not the only one. In the near future, you might see a "buy" button inviting you to purchase goods and services from tweets posted to the social network. How will it work? To begin with, Twitter is reportedly partnering with payments company Stripe Inc. to save credit card details so that a person can purchase an item with a just a couple clicks. "We want to be a bridge between a consumer wanting something... Read more...
One of the reasons why brick-and-mortar stores still exist is because online shopping lacks the ability to offer instant gratification. As it pertains to clothes shopping, another major disadvantage is not being able to try on items to see if they'll fit properly. Advancements in technology will eventually solve these problems, and as far as trying on clothes go, eBay just acquired a company that creates 3D models of clothing from photos, pattern files, and other sources. The company is called PhiSix, and with the acquisition, eBay hopes to offer shoppers a virtual fitting room for a more immersive... Read more...
As more and more online retailers warm up to the idea of accepting Bitcoin currency, widespread acceptance is still a long way off. This is especially true of Russia, which just dropped the ban hammer on Bitcoins on the basis that it runs afoul of existing laws. Russia actually went one step further and called the digital currency "suspicious." The announcement was made by the General Prosecutor of the Russian Federation. Serving as justification for the ban is the fact that the Central Bank of Russia views Bitcoin as a money substitute, which is restricted under Russian law. Image Source: Flickr... Read more...
It makes total sense that Twitter would offer a way to share information about and buy products from within the service, so it’s actually not surprising to hear that a Twitter e-commerce solution is in the works. Re/code.net reports that in addition to nearly finalizing a deal with payment services company Stripe, the social network is flirting with integrating Fancy.com’s online shopping tools. The site found an open, non-password protected area of Fancy.com’s site that contained a mockup of what the product would look like. According to Re/code’s sources, Twitter is also... Read more...
Investors reacted negatively to Amazon's fourth quarter financial report despite that fact that the e-commerce giant announced a 20 percent year-over-year sales increase to $25.59 billion. Operating cash flow increased 31 percent to $5.47 billion, operating income jumped 26 percent to $510 million, and net income climbed to $239 million, or $0.51 per diluted share, compared with $92 million, or $0.21 per diluted share, in the fourth quarter of 2012. "It’s a good time to be an Amazon customer. You can now read your Kindle gate-to-gate, get instant on-device tech support via our revolutionary... Read more...
Amazon knocked it out of the park this holiday season. After announcing that it was able to keep the wait time for its "Mayday" live tech support feature on Kindle Fire HDX devices to just 9 seconds on Christmas day, the online retailer now says it also added more than 1 million customers to its Amazon Prime membership program, making it a record-setting holiday. Up until last month, it wasn't possible to purchase an Amazon Prime membership for anyone but yourself. Citing customer demand, Amazon rolled out the ability to gift Prime memberships just in time for the holiday shopping season. Amazon... Read more...
Holiday shoppers sat at their desktop devices and spent $42.8 billion online during the first 52 days of the November-to-December 2013 season, according to the latest data provided by comScore. That's an increase of 10 percent compared to last year when online spending reached $38.9 billion, though it still fell short of expectations, in part because of the shortened holiday season this year. "Our expectations for the online holiday shopping season anticipated that consumers would spend heavily later into the season out of necessity to make up for the highly compressed holiday shopping calendar... Read more...
Amazon isn't taking any chances with our future robotic overlords. To show that it's willing to play ball under a mechanical regime, Jeff Bezos recently went on "60 Minutes" and unveiled plans to use delivery drones to drop off packages to flesh and blood customers (or "servants," as robots will call them after the uprising). Of course, the logistics of drones is still a ways off, but in the interim, Amazon is turning to robot helpers in its warehouses. The e-commerce site is putting to use its acquisition of Kiva Systems, a company that builds these robot things that can zip shelves full of merchandise... Read more...
If you're reading this, it means you survived the madness that is Black Friday, and for that we congratulate you. Not all Black Friday shoppers are jerks, but if you're braving the crowds on the busiest shopping day of the year, you're bound to run into at least a few. Times are tough all around and the allure of saving big money has a tendency to bring out the worst in some people. This begs the question, are the savings worth it? In some cases, a strong argument can be made for waiting in long lines, especially for electronics. Big screen TVs, laptops, and other electronics end up heavily discounted.... Read more...
Tis the season to shop until you drop, and rather than risk getting run over by savage shoppers who wouldn't think twice about trampling a toddler if it meant winning the race to the electronics section at Wally World, more and more people are finding it more convenient to shop online during Black Friday. That will certainly save you from physical harm, but there are other risks you need to be aware of. USA Today's Byron Acohido talked with a number of security professionals who collectively warned about increasingly aggressive efforts by cybercriminals to prey on Black Friday and Cyber Monday... Read more...
The holiday shopping season is here and that means coming up with gift ideas for family and friends. If you're stuck on what to get, you may want to consider an Amazon Prime membership, both for yourself and for someone else. For the first time ever, Amazon is allowing shoppers to give the gift of its Prime service, and there are a couple of reasons why someone might like that sort of thing. For one, Prime offers instant streaming of over 41,000 movies and TV episodes through Primate Instant Video, along with over 350,000 books to borrow through the Kindle Owners' Lending Library. Secondly, Prime... Read more...
Google is making a major play for the retail spending sector by offer Google Wallet users a prepaid debit card that they can use at physical locations where MasterCard is accepted. There's no big mystery here -- it works just like the debit card your bank issued you. The card itself is free to obtain, and there are no service fees for using it. "Your roommate finally paid you back for dinner through Google Wallet, and you want to use that money right away to pay for groceries this week. Now, you can use the new Google Wallet Card to spend the money instantly, either by purchasing in stores or by... Read more...
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