Shorting the stocks of online merchants whose volumes are exploding: unthinkable, right? Not to Ralph Dangelmaier, CEO of BlueSnap, who explains to MPD CEO Karen Webster that some 40 percent of eCommerce merchants’ sales never convert — and the merchants aren’t even aware of it....
According to data released Tuesday (Jan. 19) from Adobe Digital Index (ADI), the 2015 holiday season saw consumers spending nearly $83 billion online, a 12.7 percent increase over what was spent during the same time in 2014. “We originally predicted 11 percent growth year over...
ERated, an online seller profiling company, announced Tuesday (Jan. 19) that it closed a $1.7 million seed round. The company provides online marketplace users with a profiling solution, which it plans to accelerate with its new capital to establish a more “unified, holistic user profile...
When retailers try to untie the Gordian knot that has been slow-to-stationary beacon adoption, discussions usually center around infrastructure, policy and other behind-the-scenes development issues. This has kept some retailers chasing a wild goose of beacon potential that may never materialize — unless some new startups...
It’s common knowledge that Kodak’s demise came at the hands of digital. But few know the whole story of why that happened. Kodak relied, too much it turns out, on a lot of bad data about how much of a threat digital was to its...
It’s now been at least two decades since the word “millennial” entered the general lexicon of brand managers and advertising experts, and that timeframe has also resulted in shifting definitions for the term. Though millennials began as teenagers with expendable income, they’re now becoming a...
Startups rise and fall. It’s the natural order of the new circle of tech life. However, it’s not so often that a proven name in getting ideas off the ground fails to make headway with a business that most agreed had as much promise as...
With a surge of fresh funding, eCommerce company Shopclues said it has achieved a billion dollar valuation from investors. As The Wall Street Journal reported Tuesday (Jan 12.), sources close to the India-based Shopclues, which acts as a marketplace platform for other retailers, said the...
For innovators with entirely new products to sell, nailing down a tangible price point can be a little like walking on water – when few consumers have had the exposure necessary to form impressions of something like the Oculus Rift virtual reality headset, it’s difficult...
