Ecommerce booms in India

Date:28/12/2011 Source:TOI


NEW DELHI: Amazon, Apple and Samsung are the brand owners generating the greatest interest among India's online shoppers, new data has revealed. According to figures published by comScore, the research firm, some 46m Indian consumers accessed the web from a computer at work or at home over the course of November 2011. This is an uptick from the 41.1m recorded during November 2010, equating to a 13% improvement on an annual basis. More specifically, 27.2m individuals – or 58.6% of the online population – logged on to ecommerce platforms during the same month in 2011, 18% higher than a year before. Amazon led topped the charts for individual websites visited by Indian users, receiving 6.8m unique visitors, a reach of 14.7%. Apple's worldwide sites followed with 3.4m visitors, or 7.4% of the current Indian audience. Digital properties operated by Samsung came next on 2.8m, just beating Flipkart, the first Indian company on the list, on 2.7m. Homeshop18, Naaptol, Bookmyshow, Myntra and Priceindia also all secured the attention of more than 2m users, with Chinese-run Alibaba.com falling slightly below this total. "The online channel is playing an increasingly important role in connecting retailers with potential customers in India," Kedar Gavane, comScore director, India, said. "To take advantage of this growing opportunity, retailers must ensure they are addressing the needs of potential customers, which include attractive pricing and the convenience of ordering online." Within the wider retail category, 7.6m shoppers accessed coupons sites, up from 1m in November 2010, representing an expansion topping 600%. Snapdeal is easily the biggest player in this sector, with over 5m visitors in November, ahead of Mydata, claiming second on 1.3m, and Crazeal, occupying third on 989m. "The rapid growth of online coupon sites suggests that consumers in India are looking for deals, highlighting the need for online retailers to adopt effective marketing and pricing strategies for their goods," said Gavane.



Online shopping jumps 16.4% on Christmas Day

Date:28/12/2011 Source:TOI


A growing number of shoppers in the US apparently need only the briefest of breaks before diving back in, especially if they can log in to shop. IBM found that online shopping jumped 16.4% on Christmas Day over last year, and the dollar amount of those purchases that were made using mobile devices leaped 172.9%.IBM tracks shopping at more than 500 websites other than Amazon.com, which is the largest. It found a huge increase in the number of shoppers making their purchases with iPhones, iPads and Android-powered mobile devices.In fact, nearly 7% of all online purchases were made using iPads, just 18 months after the tablet computers were released by Apple Inc., said John Squire, chief strategy officer for IBM's Smarter Commerce unit. The online uptick was continuing on Monday. As of 3 p.m. Eastern time, shopping was up 10 percent over Dec. 26, 2010. And the expectation was that the pace of buying would increase as the day wore on and consumers clicked on sales at various retailers.Squire said consumers were chasing sales on both Sunday and Monday. The data did not show what portion of purchases was made using gift cards.



All About eCommerce in India | Trends, Growth, News

Date:28/12/2011 Source:TOI


Ever wondered why there are no sales conversions though you are able to get traffic to the website? People abandoning carts could be a reason. When you shop, and right at the point of checking out if one drops the whole shopping basket, its called abandoning cart. So why do people abandon carts? Here are some of the possible reasons....



E-com’s biz bang moment

Date:26/2/2012 Source:ET


It's deja vu again, especially for those who have been tracking the internet business in India. As e-commerce becomes the new buzzword, many would be wondering why it feels like the old days. The huge venture capital investments, the hefty growth projections, the acquisitions & mergers. And, the niggling doubts of what will really work with buyers....



Facebook Gives Marketers a New Set of Tools

Date:03/01/12 Source:E-Commerce Times


Facebook's marketing direction appears to be seamless integration with the types of content users engage with the most. That particular strategy is ahead of the curve compared to the rest of the industry, said John Nolt, director of product management for Vitrue. "To the extent that content is king, they are taking advantage of the best content that is available."



Tips for Delighting Shoppers

Date:03/02/12 Source:E-Commerce Times


With plenty of options for customizing website content, it can be difficult to pinpoint which exact tactics will significantly move the needle on your conversion rates. However, the key to implementing a successful online marketing strategy is to always test new ideas, iterate your messages and promotions, and optimize the tactics and campaigns that are proven to drive the best results...




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