Yahoo bought back old talent in the form of Amit Kumar with the acquisition of e-commerce startup Lexity, which he founded four years ago. A former engineer and head of product management for Yahoo Search, Kumar graduated to display ads startup Dapper.net, which was snapped up by Yahoo three years ago for $55 million and […]
Akin to an infant reaching its “Terrible Two’s,” designer flash sale site Fab.com has changed a lot in the period following its second year. The good? The ecommerce company, founded in 2011, inked $150 million in Series-D financing from Atomico, Andreessen Horowitz, Tencent, ITOCHU and others, bringing its running tally to $310 million in less […]
Ask any retail marketer what their greatest challenge is and a recurring theme could very well be – close the loop on digital and in-store offers and promotions. Brick-and-mortar stores are increasingly upgrading their point-of-sale solutions to account for digital payments and other new waves of commerce capabilities. Sparkfly, which originated just over 10 years […]
Designer fashion flash sale site Gilt Groupe has been in the daily deals mix for six years and has racked up about 8 million members in that time. With no shortage of competitors – Fab.com and RueLaLa among them – Gilt has diversified its reach through a variety of avenues, including paid media in luxury […]
As a number of large technology vendors race to create full-spectrum digital marketing suites and omnichannel customer experiences, one player is here to remind them that it knows a thing or two about commerce. And, when it comes to its advertising and paid media play, eBay’s launch of eBay Enterprise Marketing Solutions today has much […]
For luxury retail brand Stuart Weitzman, Facebook ad buys are a pertinent part of its strategic process for brick-and-mortar store rollout. By combining offline data, such as in-store sales reports, with online performance data, the company has made headway in gauging international audience preferences to ignite interest regionally. “Stuart Weitzman is expanding globally at a […]
One of the first – and now, largest – e-commerce companies in the Netherlands, wehkamp.nl has tapped IBM to help the platform improve its marketing and dynamic-merchandising strategies. Using myriad IBM cloud products, including Digital Analytics, LIVEMail and Campaign, the e-retailer has noticed significant gain in click-through rates on banner ads (500%) and a 271% […]
Ecommerce is on the upswing. This sector saw a compound annual growth rate of 18.7% between 2008 and 2012, suggesting it’s one of the fastest-growing industries, according to new research compiled by global boutique merchant bank Siemer & Associates. Worldwide spending on ecommerce totaled $820.5 billion in 2012, which was nearly 21% higher than the […]
Since its inception in 1999, Restaurant.com has helped customers save $1 billion by offering more than 50,000 gift certificate options at dining destinations across the country. Its premise is simple – help diners and restaurants discover one another, and encourage loyalty to local merchants by brokering savings through discounts. Restaurant.com also acts as a stand-in […]
BarkBox, the ecommerce subscription company catering to the canine-loving set, has “some pretty aggressive goals” for 2013, according to its Head of User Acquisition Marketing Rob Schutz. For one, the company wants to double its member base, which sits at 55,000 subscribers today. (Schutz says that if that subscriber-base hits the 1 million mark by […]
