Jason Goldberg, Founder and CEO at Fab wrote an interesting post earlier this week titled The 3rd wave of e-commerce disruption: emotional commerce. For the historians amongst you Jason has commodity commerce as the first wave, which was all about bringing value and convenience to the consumer a la Amazon, and digital commerce as [...]
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The big news in the UK business sector this week is that the high street music, voodoo and game retailer HMV has gone into receivership. This won’t be a surprise to many people. Back in 2007 I noted that HMV was the most shorted stock on the London stock exchange and many similar businesses [...] The main story of retail over the last fifteen years has been the rise of ecommerce and the transfer of market share to pure online players like Amazon, Net-a-Porter, ASOS, Wiggle, and BlueNile. I think the most successful companies over the next ten years will have integrated online and offline strategies. It is early [...] A few things recently have made me think that traditional retail is nearing the beginning of the end. That isn’t to say it will disappear, but I think it will undergo some fundamental changes. Perhaps most notable development was Amazon’s Price Check Promotion which offered a 5% discount to shoppers in traditional stores who [...] Last Friday was Black Friday – the day after Thanksgiving – which is traditionally a big shopping day in the US as most people take the day off and many go shopping in preparation for Xmas. The following Monday, which is today, has recently become known as Cyber-Monday as it has become the biggest [...] It is always easier to grow a company when the overall economy is on an upward tick, there is no doubt about that, but I always say that as a venture investor if you pick your targets markets well they should grow through the good times and the bad. That’s important because most investments [...] A couple of years back there was a wave of social shopping startups (e.g. Kaboodle, Crowdstorm) looking to combine reviews and recommendations with friend lists to help people shop more smartly. Unfortunately none of them got too far – but the idea is back, now called social commerce, and maybe this time it will [...] Many of you will remember Amazon’s acquisition of Zappos last August for what turned out to be a $1.2bn deal based on Amazon’s stock price on the day of completion (it was an all share deal and the increase in Amazon’s share price between the when the deal was announced and completed took [...] Via Greg Sterling’s Screenwerk blog I discovered The DealMap which collects data on daily offers largely from daily offer sites like Groupon and Keynoir. It then makes these deals available in a daily email, via a heatmp, and soon via mobile apps (global and London heatmap’s below – and I note with sadness that [...] |
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