Retailers ‘missing out of insight from customer data’
Retailers are failing to obtain potential insight from customer data, due to that fact that as little as one in three retailers have an information manage, according to new research.
E-commerce
Amazon bigger than Walmart after surprise profit jump
Amazon shares have surged more than 18% in after-hours trading after it reported a surprise profit and better-than-expected sales figures that value the online retailer higher than Walmart for the first time.
eBay rich list: 30 biggest sellers revealed for first time
The first-ever eBay ‘rich list’ has been published – and reveals that Britain’s top sellers are raking in up to £17m a year trading on the site.
Youngsters ‘put off shopping on their smartphones’
Despite being seen as the mobile-savvy generation, 15% of Britain’s 18-34 year-olds who own a smartphone admit to having never used their smartphones for anything shopping related on a given list, according to new research.
Top tips: eCommerce and the room to improve, even at the top
A recent report found that retailers are missing out of £6.6bn a year by not going mobile. Alf Saggese, MD EMEA at Moxie, argues that the lack of technology uptake shows that the retail industry shows there is still huge room for improvement.
PayPal worth more than eBay in $50bn market debut
PayPal has completed its separation from eBay, making its stock debut with a higher market value than its parent company.
Apple Pay one week on: How is social media responding?
Apple Pay went live in the UK last week, following its launch in the US earlier in the year. Brandwatch has analysed how well the contactless payment system is going down with the public on social media. The result unfortunately isn’t a great start for Apple Pay.
PayPal and eBay split into separate companies
eBay and PayPal are today splitting their operations into two individual companies, having traded together since eBay bought PayPal in 2002.
Facebook buy button to turn brand Pages into ecommerce sites
After many attempts to break into ecommerce Facebook is testing another buy button- this time letting businesses turn their pages into e-commerce sites.
Sale fail: Customers unimpressed by Amazon Prime Day (but sales soar 80%)
From extra long shoehorns to an airplane seatbelt extender- Amazon’s ‘Prime Day’ didn’t exactly deliver the big discounts on big ticket items that many were hoping for. However, the hype for an event ‘bigger than Black Friday’ helped the online retailer enjoy an 80% rise in sales.