Items tagged with online shopping

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 Jeff Bezos tried to remain optimistic as the online retailer heads into what it hopes will be a busy... 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 shopping experience. You'll be able to try on clothes before buying online, which will both enhance... 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 hasn't said how many Prime memberships have been gifted since the feature went live, but we'd be surprised... 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 this year," said comScore chairman Gian Fulgoni. "Unfortunately that was not in the cards, as the final... 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. Often times these are older models that need cleared out of inventory, as the tech industry... 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 shoppers. More than ever, these digital crooks are bombarding email, social media posts, and search... Read more...
Looking for a job this holiday shopping season? It's one of the busiest times of the year for hiring employees, and that includes for companies that are primarily based online. To wit, Amazon is planning to hire an astounding 70,000 full-time seasonal employees across its various order fulfillment centers in the U.S. That's a 40 percent hike compared to the 50,000 workers the e-tailer hired in the same season a year ago. Plus, there's the chance that a seasonal position could turn into a full-time gig. The company has already converted over 7,000 temporary workers into full-time staff, bringing its total workforce to around 88,400 employees. Dave Clark, Amazon's vice president of worldwide operations... Read more...
The world's largest online auction site (that would be eBay) has acquired Seattle startup Decide.com, a shopping research site that's helps users find the lowest prices. At the end of the month, Decide.com will cease to function as a separate site, making good on price guarantees for past purchases. As of today, however, Decide.com will not be allowing any more price guarantees on future purchases. So, what's in it for eBay? "Over the past year, we began experimenting with eBay and discovered an exciting opportunity to apply our team’s strength in data and predictive analytics to help over 25 million eBay sellers make smarter decisions and be more successful," Decide.com said in a FAQ page... Read more...
President Barack Obama is scheduled to deliver a speech on jobs at Amazon's Chattanooga warehouse later today, and in anticipation of his visit, the e-commerce site announced that it's looking to hire 5,000 full-time warehouse employees to work throughout its growing network of U.S. fulfillment centers. According to Amazon, median pay inside its fulfillment centers is 30 percent higher than that of people who work in traditional retail stores, and that's before factoring in stock grants that full-time employees receive, which over the past five years have added an average of 9 percent to base pay annually. "We’re hiring more than 5,000 people to join our team and help us continue to innovate... Read more...
Walmart hopes to put the hurt on Amazon by taking a page from its online rival and using in-store lockers to holder items ordered on the Internet. In doing so, customers will be able to get their hands on their purchased goods much faster than waiting for delivery. The mega chain said it will put lockers in about a dozen U.S. stores this summer to hold goods until customers pick them up at their convenience, Reuters reports. It's the same thing Amazon has been experimenting with since 2011, with lockers installed in convenience stores, drug stores, and some Staples and RadioShack locations. Image Source: Flickr (Walmart Corporate) In addition to its upcoming locker service, Walmart is doubling... Read more...
In a bid to take away one of the last remaining competitive advantages brick-and-mortar stores have over online sites, same-day delivery service is starting to take off. The challenge for e-commerce sites, however, is keeping prices low enough to where same-day delivery is still an attractive option. Otherwise, it could end up just another passing fad. So says a new survey by The Boston Consulting Group (BCG). Out of 1,500 U.S. consumers surveyed on the topic of same-day delivery, only 9 percent indicated it as a top factor that would improve their online shopping experience. A whopping 74 percent preferred free delivery, and 50 percent cited lower prices. In other words, cheap and free rule... Read more...
For years, brick-and-mortar retailers have been crowing about the unfair advantage Amazon has in the retail space in territories where it doesn't have to collect sales tax, and now that the playing field is starting to level, their sales are going up. Best Buy, for example, noted that holiday online sales increased in three states where Amazon started collecting sales tax ahead of the holiday shopping season. Coincidence? Probably not. In many cases, Amazon's prices are lower than what shoppers find in brick-and-mortar stores to begin with, but the icing on the cake, where applicable, is the lack of sales tax, creating an even bigger pricing disparity. Especially in this tough economy, shoppers... Read more...
Target has a message for Amazon and other popular online retailers: "You better check yourself before you wreck yourself." We're more than paraphrasing (Target didn't actually say that), but an updated price match policy makes it clear that the brick and mortar retailer is tired of being shoved around by online competitors. Effective immediately, Target stores will price match top online retailers year-round, including Amazon.com, Walmart.com, BestBuy.com, and Toysrus.com (and Babiesrus.com). If you find a lower price on Target's own website, the company will price match that, too. "Guests can confidently shop at Target every day for the best value in retail," said Gregg Steinhafel, Target Chairman,... Read more...
Online shoppers in the U.S. spent $42.3 billion during the holiday shopping season in 2012, representing a 14 percent increase compared to one year prior, according to data compiled by comScore. Several individual shopping days saw massive growth, including Free Shipping Day (December 17), which jumped 76 percent compared to 2011, Christmas Day (up 36 percent), and Thanksgiving Day (up 32 percent). Despite strong growth, online spending actually fell short of initial expectations. comScore said it was due to a significant drop in consumer confidence in December on so-called "fiscal cliff" concerns. "The 2012 online holiday season was once again a very strong season with growth rates in the mid-teens... Read more...
Why brave obnoxious crowds and deal with bad drivers when you can get all you holiday shopping accomplished online? The convenience of online shopping is not only catching on, but it just had its biggest week ever, along with several days the past month that surpassed $1 billion in spending, according to data by comScore. For the holiday season to date, U.S. shoppers spent $33.8 billion online, representing a 13 percent increase compared to the same days last year. The most recent work week logged four individual days with more than $1 billion in spending. "This past workweek saw four days surpass the billion dollar spending threshold during the heaviest five-day online shopping period on record,"... Read more...
Scary things happen on Black Friday, like the angry mosh pit that broke out at Walmart over low priced cell phones. In the words of Sweet Brown, "Ain't nobody got time for that!" We hear you Sweet Brown, which is why we're big fans of Cyber Monday, the busiest online shopping day of the year. According to data by comScore, American deal seekers spent $1.46 billion on Cyber Monday this year, which qualifies as the heaviest U.S. online spending day in the history of mankind. "Despite some news reports suggesting that Cyber Monday might be declining in importance, the day has once again set an online spending record at nearly $1.5 billion," said comScore chairman Gian Fulgoni. "However, it is also... Read more...
Shopaholics and bargain hunters have it easy these days. They can click, instead of clip, coupons to use online, avoid pushy crowds and idiot drivers, and even buy goods in their underwear, if they so desire (just be sure to pull the shades down, folks). Sure, you skip out on the instant gratification of shopping in a brick-and-mortar store by hiding behind a computer, and you can't try on virtual clothes before buying them online, but it didn't stop online shoppers from spending a whopping $41.9 billion ahead of the holiday shopping season. That figure represents Q3 e-commerce spending in 2012, according to comScore. That's up 15 percent compared to a year ago, and marks the twelfth consecutive... Read more...
Decades from now, generation delta-zeta squared, or whatever it will be called, will giggle at your stories of how you used to purchase items on the Internet and wait several days for delivery. When you think about it, online shopping is still in its infancy, and the lack of instant gratification -- being able to purchase an item and use it immediately -- is the biggest advantage brick-and-mortar stores have over the Web. But for how long? The Internet is starting to trend towards same-day delivery, and even Google is getting in on the action. The search juggernaut reportedly kicked off a pilot program in San Francisco in which it has teamed up with local businesses and vendors to deliver products... Read more...
Online shopping is one of the many things made more convenient with a tablet, which allows owners to sit back on their couch or recliner, or sunbathe by the pool and surf the Web's many e-commerce destinations. And as it turns out, nearly two-thirds of tablet owners find that online shopping is their favorite activity. That figure comes from a survey conducted by CouponCabin.com, which obviously has a vested interested in e-commerce. According to the survey, one-in-five (20 percent) of U.S. adults own and use a tablet, with adults between the ages of 35 and 44 representing the highest instances of tablet ownership. Among them, 32 percent said their favorite activity is to shop online. "Tablets... Read more...
Coming just a tad too late to be an April Fool's prank is an announcement by Mushkin saying that it will no longer sell individual parts direct to the customer on its website. It's a bit of bummer to see Mushkin close its online shop, especially when the occasional coupon/promotional code would roll into view and trump any third-party sellers, but demand has been such that Mushkin has decided its customers will be better served by concentrating its efforts on the middlemen. "Beginning April 3rd, 2012, Mushkin will no longer sell individual parts direct online," Mushkin announced on its website as well as on its Facebook page. "We value the personal interaction with customers which online sales... Read more...
Online shopping continues to grow in popularity in the U.S. where retail e-commerce sales totaled a whopping $49.7 billion in the fourth quarter of 2011 alone, according to data from comScore. That's a 14 percent increase over the same quarter one year prior, and the ninth consecutive quarter of positive year-over-year growth. It was also the fifth consecutive quarter of double digit growth. "The fourth quarter of 2011 capped off what was yet another strong year for online retail, one in which every quarter achieved double-digit increases versus the prior year," said comScore chairman Gian Fulgoni. "In the face of continuing uncertainty regarding the U.S. economy, consumers increasingly went... Read more...
It's been a long time since Amazon simply sold books, and these days you can get everything from diapers in bulk to videogames for all platforms through the online shopping site. And lest anyone think game sales are merely an afterthought for Amazon, it's become quite the booming business, both for physical and digital downloads. So what were the best selling titles of 2011 on Amazon? That depends on the distribution method. In terms of physical disc sales, it breaks down like this: Call of Duty: Modern Warfare 3 Just Dance 3 Elder Scrolls V: Skyrim Battlefield 3 Batman: Arkham City Madden NFL 12 Portal 2 Just Dance 2 Gears of Wars 3 FIFA Soccer 12 Not a lot of surprises there, except for the... Read more...
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