Posted on January 5th, 2009 by dhirender
Online spending during the 2008 holiday shopping season declined about 3 percent from last year, though Amazon, Wal-Mart, and Apple still came out ahead, according to comScore.
E-commerce sites took in approximately $25.5 billion between November 1 and December 23, down from $26.3 billion in 2007.
The drop was the first time comScore has reported negative growth [...]
Filed under: Business | No Comments »
Posted on August 4th, 2008 by dhirender
A piece of jewellery sold every 7 minutes; a coin or note every 16 minutes, a stamp every 19 minutes, apparel every 22 minutes and book every 27 minutes – and that’s India we’re talking about.
eBay estimates that a product is sold every minute in India – moreover, it is not software or other computer-related [...]
Filed under: Business, Digital culture, India | No Comments »
Posted on June 13th, 2008 by dhirender
Adding the additional layer of commerce to what sites like Flickr provide, is recently launched Photrade.com – a platform that allow photographers to “share, protect and make money” from their uploaded photographs.
Apart from revenues the photographer could generate when someone buys your photograph, an advertising system also allows the photographers to earn from the visitors [...]
Filed under: Ideas & Innovations, Website Alert | 1 Comment »
Posted on May 28th, 2008 by dhirender
Online shopping is one of the largest contributor to the B2C e-commerce industry, estimated at Rs 5,500 crore for the year 2006-07 and expected to rise to Rs 7,000 crore by the end of 2007-08. Etailing stood at Rs 850 crore for 2006-07, contributing maximum to the online non-travel industry. It is expected to be [...]
Filed under: Business, India | 1 Comment »
Posted on May 28th, 2008 by dhirender
In an effort to increase repeat purchases on its site, CafeGadgets has recently introduced a 100% cash back offer, on its first anniversary, which is applicable for all purchases made on the site.
Making a purchase entitles the consumer to a cash back voucher, with a validity of June 15, 2008, for the same amount as [...]
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Posted on May 28th, 2008 by dhirender
The world wide web now boasts of an estimated 15,000 sports betting websites, including some 13,000 illegal ones, shuffling around a staggering 15 billion euros (23.6 billion dollars) a year, according to this article – a number that is leading to concerns about global corruption, money laundering and gambling addiction. The amount of money traded [...]
Filed under: Business, Digital culture, Statistics | No Comments »
Posted on May 19th, 2008 by dhirender
Not all that much if you believe the latest research by the Pew Internet and American Life Project. While the Internet is routinely used when making buying decisions, its influence wanes when compared to offline channels such as friends and sales personnel.
Of the 2,400 adults (which included 1,684 Internet users) surveyed, relatively few say online [...]
Filed under: Digital culture | No Comments »
Posted on March 8th, 2008 by dhirender
According to this article in the Business Standard, cash cards are increasingly being accepted as a mode of payment for online ticketing. For instance, in the last six months, the Indian Railway Catering and Tourism Corporation (IRCTC) has seen reservations through cash cards increase by 1 per cent every month. The number of bookings through [...]
Filed under: Business, India | No Comments »
Posted on February 19th, 2008 by dhirender
Now, here’s a site that is almost reminiscent of what used to be Boo.com. While people would tend to remember it as the site that burned through £100m in 18 months, it was also the site that used technology way before its time – be it in the pseudo-3D views of wares or the voluptuous [...]
Filed under: Ideas & Innovations, Website Alert | 1 Comment »
Posted on January 30th, 2008 by dhirender
Recently launched AtYourPrice.in aims to be an online travel marketplace where consumers can buy products and services at the price that they are willing to pay and vendors can dispose of unsold inventory at lower than the published price.
To begin with, airline tickets online are being provided, with the plan being to include other product/services [...]
Filed under: Startups, Website Alert | No Comments »
