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 [...]
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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 [...]
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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 [...]
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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 [...]
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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 [...]
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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 [...]
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