Wal-Mart employs more than 2 million people and controls about 13.4 percent of the consumer market in the U.S. But Amazon controls one-third of e-commerce sales in the U.S. and could put up a fight.
E-Commerce
Several major retailers plan to keep opening new stores even as e-commerce gathers steam, arguing that physical locations go hand in hand with their websites.
So many consumers are queuing up to buy lululemon athletica's products that it's squeezing inventories and slowing sales growth. The yoga apparel retailer hopes revamping its website helps solve that problem.
The nice thing about standards is that there are so many to choose from. They're valuable and are used throughout the web development process. Certainly the web is comprised entirely of standards, from HTTP to HTML, web services, transaction processes, linked data processes and new methods of sharing information across shopping channels like Milo.
Wal-Mart has signed an agreement with the Shanghai government to establish an e-commerce headquarters in the city as part of its online strategy to gain a greater share of the country's burgeoning retail market.
Overstock.com announced the one-year anniversary of its Main Street Revolution Store, a national marketing and distribution platform for U.S.-based small businesses to sell their goods. The Main Street Revolution Store allows O.co customers to "shop local" by searching for Main Street Revolution products produced in a particular state.
With daily-deals applications and mobile sites rapidly increasing, retailers and merchants are continuously looking to target consumers whenever and wherever they are with offers. However, how much is too much?
APARTStyle.com, a retailer that's focused on selling affordable fashion clothing to working women, ran a group coupon promotion through LivingSocial focused on the New York City midtown area. LivingSocial emailed the offer — which was valid for six months — to roughly 500,000 of its subscribers in that region. There were three options on the deal: Pay $100 for $300 worth of products, $150 for $500, and $195 for $600.
We all know that e-books are on the rise. If you had any doubts, Amazon squelched them with its recent announcement that the company's e-books sales surpassed sales of hard copies for the first time. E-books are definitely experiencing impressive gains, but even with that revelation, e-books only make up a small portion of total book industry sales.
A survey commissioned by Tealeaf, a provider of online customer experience management software, and conducted by Econsultancy, reveals that U.S. companies are losing the equivalent of 23 percent of their entire annual online revenue due to poor customer experiences. According to the study, limited understanding of the overall online customer experience, lack of multichannel approach and hard-to-diagnose site usability issues are all contributing factors to the poor consumer experiences that lead to billions of dollars in lost revenue.