Tag Archives: E-Commerce

The push toward ‘retailtainment’

(alizila.com)

(Source: Techwire Asia | December 6, 2017) Retailtainment is a term used to describe experiential retail: the merging of entertainment and technology with traditional shopping. This is one way in which retailers are working to keep consumers visiting their brick-and-mortar stores. And these efforts are crucial considering an estimated 8,000 retail store locations will close this year, according to financial ...

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Special report:The rise of web-based businesses

E-commerce And Online Shopping

  (Source: Philstar | December 2, 2017) Eleven years ago, RJ David turned his bedroom into a boardroom when he set up one of the most successful online buying and selling sites in the country. David, co-founder of Sulit.com.ph – now known as OLX Philippines – can be considered among the pioneers in the country of what is now more ...

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Due to heavy traffic, e-commerce in the Philippines is booming

E-commerce And Online Shopping

(Source: Philippine Star | November 17, 2017) Every day, e-commerce grows in the Philippines. Such has been the assertion of Inanc Balci, president, co-founder and community chief executive officer for e-commerce portal Lazada, which claims to be the number one marketplace and the seventh most accessed website in the Philippines. “The Philippines used to be the SMS capital of the ...

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Retail’s reinvention story is just getting started

online-shopping

(Source: nrf.com | June 14, 2017) We’ve all heard that retail is in trouble — even serious trouble, depending on who you listen to. It’s true that some large, well-known brands are facing challenging times, just as in every industry. But the narrative that retail is struggling — or even dying — is significantly overblown. Nobody questioned the viability of ...

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Amazon discounts other sellers’ products as retail competition stiffens

Amazon

(Source: Reuters | November 6, 2017) Amazon.com Inc is cutting prices of products from third-party sellers on its website, moving beyond its more typical method of discounts on items it sells directly. The “discount provided by Amazon” applies to products including board games and technological gadgets offered by other merchants as the holiday season approaches. The retailer has been trying ...

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Alibaba and JD.com make foray into groceries

(Source: Asia Nikkei Review)

(Source: Asia Nikkei Review | November 1, 2017) The rise of online-to-offline retailing in China has blurred the boundary between the two traditional mechanisms of selling consumer goods, and the country’s e-commerce giants are determined not to miss the chance to finally get into perishables — the last remaining stronghold for brick-and-mortar stores. Spotting the potential of the the business ...

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Online retail grocery in South East Asia : Alibaba or Amazon?

(Source: Entrepreneur.com)

(Source: Retail in Asia | October 25, 2017) In South East Asia, online retail grocery is growing as an increasing number of Singaporeans prefer to do their shopping online. “It is getting better and better,” said Mr Vikram Rupani, president of RedMart, an online grocery company based in Singapore that is part of Alibaba‘s push into the region, “but it’s ...

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Amazon to become Americans’ favorite clothing store

Amazon

(Source: Retail in Asia | October 19, 2017) Amazon is becoming the go-to place for Americans to buy clothing. In a new survey by Alphawise, a research arm of Morgan Stanley, said that 69% of people bought clothing on Amazon over the last six months. The results show a growth of 10% from a year ago, when 59% said they ...

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Bitcoin suffers its biggest plunge in a month

ver-economic-code-bitcoin-cash-story

(Source: Retail in Asia | October 19, 2017) Bitcoin’s price fell by the most in a month after US regulators signaled the cryptocurrency might come under more scrutiny. Other large cryptocurrencies, including ether and bitcoin cash, were also sharply lower. A primer by the Commodity Futures Trading Commission said virtual tokens used in initial coin offerings, the process of launching ...

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Lazada is sharing tips and tricks with retailers in month-long ‘Online Revolution’

lazada

(Source: Techwire Asia | October 13, 2017) To date, Lazada says more than half a billion online consumers are scattered throughout Southeast Asia and now the e-commerce company is sharing knowledge with the region’s retailers on how they can tap into the huge market. The company plans to convey this during the upcoming Online Revolution shopping event which stretches between ...

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