According to the US Department of Commerce’s latest figures, Eccomerce sales in Q1 2012 is estimated to be at $53.2 billion, reprenting 4.9 percent of total US retail sales. Recent news from Asia Pacific (Video interview by of Michael Zung, senior VP and MD, digital at Bite Communications from ClickZ Asia) and Middle East (Article by Nancy Messieh on NextWeb) all indicate growing E-commerce sales and projections.
With global e-commerce estimated to reach $1.4 trillion by 2015, crossing borders online is a clear path to faster growth.
Joanne Bethlahmy, director of retail with Cisco Internet Business Solutions Group will be hosting a webcast on Best Practices for Global E-Commerce where she will be discussing:
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Tags: Cisco, e-commerce, IBSG, joanne Bethlahmy, retail, retailing
It’s no secret that people are forming personal attachments to their iPhones, Android phones, and other “smartphone” devices.
In fact, in a recent Pew Research Center study, respondents used adjectives such as “awesome,” “great,” “essential,” “indispensable,” “good,” and “excellent” to describe how they feel about their treasured mobile devices.
This love affair is driving skyrocketing sales of smartphones: by 2015, eMarketer estimates that 58 percent of all mobile users in the United States (149 million people) will own smartphones, while in the European Union, more than 50 percent will own them by 2014. Read More »
Tags: Cisco, IBSG, mobile marketing, mobile payments, mobility, retail, shopper services, Smartphones, store operations
Last week at the Interop conference in Las Vegas Cisco announced the 2012 Global Cloud Networking Survey where more than 1300 IT professionals in 13 countries were polled to find out the top priorities and challenges they face when moving applications and services to the cloud. The survey was commissioned by Cisco and distributed by Insight Express and addressed a range of questions from what are the top applications considered for migration (Storage, ERP) and the role of the network in supporting a Cloud strategy.
Retailers today are considering cloud computing to support business agility and innovation. This include reducing the number of servers in the store and moving them to the cloud, optimizing data center computing resources and virtualizing desktop applications.
Some of the recent inquries to Cisco retail team have led to development of the following content that we hope will help you in your road to the cloud:
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Tags: bharat popat, Cisco, cloud, cloudverse, data center, retail, retail agility, retailing
There’s a lot of buzz in industry circles these days about the impact of “showrooming” on brick-and-mortar brands. Witness the excellent overview by Ann Zimmerman in the April 11 US edition of the Wall Street Journal, “Can Retailers Halt ‘Showrooming?’”
Ms. Zimmerman notes the anti-showrooming efforts of such retailers as Target and Walmart, and the challenge of meeting-and-beating pure play pricing and assortment breadth.
And, she also gets to the core of the issue: It’s not about competition between stores and pure play websites. It’s about competition between the websites of brick-and-mortar brands, and the websites of the pure plays.
We live in the era of Google, an era of web-based search, an era where just about any detail of just about anything can be found on the Internet. Studies of recent shopper behavior show a steady climb in the number of US shoppers who begin their purchase journey with online research. Nearly two-thirds of US adults do so regularly.
The Internet is the front door to all retail brands these days – not just the pure plays. It’s where shoppers are initially won or lost – and where store traffic is increasingly generated.
This means two things to brick-and-mortar brands:
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Tags: Ann Zimmerman, e-commerce, Jon Stine, mobile shopping, multi-channel retailing, omni-channel retailing, research online buy offline, retail technology, ROBO, showrooming, Smartphones, wall street journal
My colleague Bharat Popat and I just published a perspective on Cloud computing for retail that we think will help retail technologists cut through the cloud around Cloud.
Our hypothesis is that Cloud basically consists of custom combinations of four IT best practices:
- Network-centric enterprise and store ICT architectures.
- The acquisition of services – ranging from enterprise applications to infrastructure to complete business processes.
- The pursuit (and use) of new financial models.
All of which are in rapid adoption throughout developed world retailing (and enterprises in general.)
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Tags: Cisco IBSG, cloud, Cloud Computing, cloud for retail, digital commerce, Jon Stine, multi-channel retailing, omni-channel retailing, retail technology