Online Retailing

Amazon unveils unlimited reading plan on any device

Amazon.com recently introduced a new subscription service, Kindle Unlimited, which allows customers to freely read as much as they want from over 600,000 Kindle books, and listen as much as they want to thousands of Audible audiobooks, all for only USD9.99 a month.

Facebook tests "buy" button for online purchases

Source: 
CNBC

Facebook is testing a new "buy" button on its website that will let consumers purchase products that are advertised on its social network.

The new service, which Facebook described on Thursday as a test with a "few small and medium-sized businesses" in the United States, represents the internet social networking company's latest effort to play a bigger role in the e-commerce business.

China's JD.com takes aim at Alibaba with Paipai relaunch

Source: 
The Business Times

Chinese e-tailer JD.com on Thursday relaunched its Paipai online marketplace, opening a new front in its escalating battle against the country's e-commerce market leader Alibaba Group.

Paipai's relaunch marks the first time that JD.com, the number two player by market share, has directly taken on Alibaba's core e-commerce offering, Taobao. Paipai and Taobao both provide online marketplaces for consumers and small businesses to sell goods to one another.
 

PayPal fuels higher eBay revenue even as cyber attack, rivals weigh

Source: 
CNBC

EBay Inc posted a 13 percent rise in quarterly revenue on Wednesday, as better-than-expected results from its fast-growing PayPal division helped the online retailer overcome increasing competition from Amazon.com Inc and a well-publicized cyber attack.

Ebay's stock has fallen more than 8 percent since April, hurt by the cyber attack disclosed in May that compromised data for some 145 million customers, the departure of highly regarded PayPal chief David Marcus, and intensifying competition from both online and offline rivals.

CEO Talking Shop: From Taiwan to Asia, lingerie retailer draws the online shopper

How do you shop for lingerie online? How do you shop body-hugging shape-fitting intimate apparel online or through mobile? Are photos and measurement guides enough? In the e-commerce space, brand awareness and reputation, good customer experience and feedback and the power of recommendations count a lot.

In Taiwan, lingerie brand áLOVIN’ is known for an entire product line of top-of-the-line intimate apparel, especially body shaping corsets. It has a stable customer base who knew the products and the brands even before they saw it online.

China's Tmall upgrades international platform to attract foreign retailers

Source: 
Shanghai Daily

Tmall, the business-to-consumer (B2C) unit under China's largest e-commerce company Alibaba Group, said on Tuesday it has upgraded the international section on its website as the B2C unit under e-commerce giant Alibaba Group aims to bring more overseas products to Chinese buyers.

Under a pilot cross-border e-commerce settlement scheme that's available in six cities, Tmall vendors will be able to ship to domestic buyers at a much quicker pace.

Retailer's guide to mobile

Mobile's soaring growth in recent years has caused a tremor across e-commerce. More and more consumers are using smartphones to take product photos, comparison shop online and locate brick-and-mortar stores. The growth of mobile presents a vast opportunity for retailers. To reach their full potential, retailers need to create a great customer experience via every channel to stand apart from the competition.

Stuart Weitzman tackles Chinese e-commerce

Source: 
red luxury

High-end shoe brand Stuart Weitzman is expanding their global e-commerce presence, and have identified China as one of the prime markets in the world.

The company recently hired its first chief global digital and e-commerce officer, Monica Schwarz, and intend to make e-commerce Weitzman's largest distribution channel across the world, striving for consistency among their online presences in Europe, Canada, the United States, and, most recently, Hong Kong.

Estée Lauder's Tmall shop delivers robust June sales of USD1.6m

Source: 
red luxury

Estée Lauder's Tmall store is seeing some early success in China since launching on 21 May with robust sales in its first full month.

June sales was reportedly CNY10 million (USD1.6 million), according to China Internet Watch. More important, indications are that the online store has helped its offline business as well.

Estée Lauder Tmall store saw nearly one million visitors and over two million views with products bookmarked over 50,000 times by 30,000 visitors, according to CCW.com.cn.

Estée Lauder’s Tmall Shop delivers robust June sales of USD1.6m

Source: 
Red Luxury

Estée Lauder’s Tmall store is seeing some early success since launching on May 21 with robust sales in its first full month. June sales was reportedly CNY10 million (USD1.6 million), according to China Internet Watch. More important, indications are that the online store has helped its offline business as well.

 

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