Digital marketers spend a disproportionate amount of budget during the holiday season – but is all that cash actually generating incremental sales? Jewelry brands spend more in Q4, roughly 60% of their annual spend, than they do in the other three quarters of the year combined, based on analysis from Nielsen. Toy brands spend around 56% […]
Consumer packaged goods companies, historically big TV spenders, are moving money to digital video. MyWebGrocer, an ecommerce platform and ad network for grocers and CPGs, is witnessing this shift. The company, which manages $40 million in digital media spend and which helps CPG advertisers target ads based on its retail partners’ first-party data, has built […]
During his first US appearance, Alibaba CEO Daniel Zhang pledged the commerce giant wanted to help brands with cross-border commerce, not that it planned to expand into the US market. It appears he is making good on this strategy. Alibaba on Monday formed a strategic partnership with consumer packaged goods brand Unilever in order to […]
EBay has confirmed plans to sell eBay Enterprise, its enterprise commerce and marketing services business, to a handful of equity and commerce firms for $925 million, one day before it spins off PayPal as a standalone entity. The divestiture creates a new standalone commerce and marketing tech company. Marketing components within the eBay Enterprise stack […]
Google wants to prove it’s on retailers’ sides – big time. During a Google Shopping presentation for press at the company’s New York headquarters Wednesday, the search behemoth rolled out a slate of new mobile shopping features. They include: Shopping Ads for Best Queries, which lists results for products based on online reviews; Google Now Price Drop […]
Yieldify is trying to solve what CEO and co-founder Jay Radia calls “a trillion-dollar problem” – which is part of why the company has been able to attract such big-name investors. The London-based startup announced an $11.5 million Series A funding round on Thursday led by Google Ventures and SoftBank Capital. At the moment, conversions on […]
Alibaba’s sale of its US shopping site 11 Main on Tuesday may have looked like it was waving the white flag in surrender to Amazon and eBay, but CEO Daniel Zhang reaffirmed the Chinese commerce giant’s pursuit of cross-border commerce in his first onstage appearance in the United States. “Yes, we are strong in ecommerce, […]
As Daymond John approached the hotel valet, a kid – who recognized John as one of the sharks on the ABC series “Shark Tank” – asked for help becoming a rap star. John demurred. “I can’t do that,” he said. “I make T-shirts for a living.” And then the valet pulled up with the kid’s […]
Macy’s, Walmart, Best Buy: all brick-and-mortar giants looking to go multichannel. But what about the smaller shop owners that don’t have the resources to invest in and maintain digital presences? Many young ecommerce providers are aggregating small businesses into a single, online bazaar. If you’re an independent retailer, these service providers can give you the […]
In 2012, Target had to swallow a few hard truths. Its digital platform relied solely on third-party code and it had little to no engineering talent in-house. And it was playing catch-up with mobile. “My focus has been on moving toward an agile product model where we rewrote our code [over three years] for about […]
