Online Retailing

Amazon picks favourites with brands in "Pay to Play" strategy

Source: 
The Sydney Morning Herald Online

Amazon.com is giving special privileges to companies that sell their wares directly through its online store rather than via its network of third-party resellers.

New shopping website takes on local retailers in Australia

Source: 
The Sydney Morning Herald Online

The co-founder of SocietyOne, a peer-to-peer start-up wooed by Kerry Stokes and James Packer, has launched an internet shopping site designed to use group buying and imports from Hong Kong to undercut local retailers.

Andy Taylor formally launched Yatango Shopping on Wednesday – a website where distributors bid for the right to sell customers big-name brands such as Apple, Nike and Chanel. But his site's launch comes as the online retail shopping market undergoes widespread consolidation with smaller websites being swallowed up by bigger rivals.

Groupon cuts 2014 outlook as marketing costs jump

Source: 
CNBC

Groupon Inc slashed its full-year profit outlook on Tuesday, citing the need to spend abundantly on marketing to power the once-high-flying internet coupon company's transition to a more comprehensive online retailer.

In an interview, Chief Financial Officer Jason Child said the company opted to maintain marketing spending because it was starting to see good results toward the end of the second quarter and in early July.

Walmart's website to personalize shopping

Source: 
Chinapost.com.tw

Wal-Mart Stores Inc., in its latest bid to compete with nemesis Amazon.com, is making changes to its website to personalize the online shopping experience of each customer. Wal-Mart is rolling out a feature that will enable its website to show shoppers more products that they may like, based on their previous purchases.

 

China's Jumei.com shuts third-party store over fake products

Source: 
red luxury

Top Chinese cosmetic e-retailer Jumei.com has banned an outside vendor from its website after an investigation revealed that many of the products it was selling to other e-commerce platforms in China were fake.

IT distributors join hands for etailing ops to compete with Flipkart

Source: 
Business Standard

Facing the heat from e-commerce protals, several distributors of technology products have decided to set up an online marketplace, which will compete with the likes of Flipkart and Snapdeal. The offtake of electronic items through e-commerce portals is growing at a fast pace leading to increased competition for brick and mortar shops.

 

Facebook says goodbye to Gifts service

Source: 
CNBC

Facebook is killing off the remainder of its Gifts service after disposing of physical gifts already.  

Facebook said the decision comes as it is focusing more effort on helping developers and businesses use Facebook to increase their own sales rather than on turning Facebook into an online store itself. Facebook recently started testing out a "Buy" button that would allow some businesses to sell products and services directly through Facebook advertisements or Facebook posts.

Amazon to invest USD2b more in India

Source: 
The Malaysian Insider

Amazon.com Inc on Wednesday said it will invest a further USD2 billion in India a day after the country's largest e-tailer Flipkart attracted USD1 billion of fresh funds, raising the stakes in a nascent but fast-growing e-commerce sector.

Amazon, which opened its Indian website in June last year, has drawn up the battle lines by slashing prices, launching same-day delivery, adding new product categories and embarking on a high-voltage advertisement campaign.

Australian retailers miss out mobile

Source: 
Warc.com

Even though most Australian retailers recognise the importance of developing a mobile strategy, the great majority are unprepared and no more than 30 percent have mobile-enabled websites, a new report has found.

A joint study from the Australian Retailers Association (ARA) and NetSuite, the cloud-based software company, also found only a fifth (21 percent) of the country's retailers have developed a mobile app despite 65 percent of Australians owning a smartphone.

Visa simplifies online shopping on any device

Visa recently launched Checkout, a payment service that makes it easy for Australian consumers to pay for goods online, on any device.

About 44 percent of Australian shoppers surveyed by Visa said they are frustrated by the large amounts of detail usually required to complete a purchase online.

Visa’s study, "The Future of Payments – Everywhere Commerce," also found that 92 percent of Australians have bought products or services online, however more than one in three (37 percent) have abandoned an online purchase after finding it too difficult.

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