January 29, 2011

Whats happening in the world of Retailing


  1. Groupon - daily deal site is gaining popularity each day with better deals and more redemptions. It has now expanded in India, Israel, Malaysia and South Africa
  2. Facebook is letting marketers be more and more innovative through the use of its site. Recent example, Facebook lets marketers turn consumers interaction (comments) be turned into ads, Marketers acknowledge learning a lot about their products from facebook discussions.
  3. Marketers are dubious about the quality of their customer data/information even though they have a documented data quality strategy
  4. Online retail sales to increase at an average rate of 10% from 2010 to 2015 and will reach $280 billion dollars in US by 2015.
  5. Free shipping is a standard option for retailers with minor variations
  6. Oracle buys ATG for almost 1 billion dollars cash, with this Oracle will get to strengthen its back-end retail services like customer relationship management, order management and supply chain management.


7 comments:

Anonymous said...

Heyy dude !! Such an interesting blog u have shared with us.These days technology has its full swing and we ned to get updated every day.
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Market Research Reports said...

Your post really helpful for my retail market research and development.


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Unknown said...

Interesting article. Day by day, the retail market has well grown in all over the world. Deals websites are more popular in the market. Today, peoples mostly purchase product by online. It's better to save their time. The retail market report shows here, the online retail sales increase 10% from 2010 to 2015 in the US.

Unknown said...

The Info in the blog is out of this world, I so want to read more. Retail Blog

Jack Thomas said...

Great blog i loved it
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