Archive

Archive for the ‘retail’ Category

CRS — Internet Domain Names: Background and Policy Issues (November 26, 2014)

December 9, 2014 Comments off

Internet Domain Names: Background and Policy Issues (PDF)
Source: Congressional Research Service (via Federation of American Scientists)

Navigating the Internet requires using addresses and corresponding names that identify the location of individual computers. The Domain Name System (DNS) is the distributed set of databases residing in computers around the world that contain address numbers mapped to corresponding domain names, making it possible to send and receive messages and to access information from computers anywhere on the Internet. Many of the technical, operational, and management decisions regarding the DNS can have significant impacts on Internet-related policy issues such as intellectual property, privacy, Internet freedom, e-commerce, and cybersecurity.

About these ads

CRS — Taxation of Internet Sales and Access: Legal Issues (December 1, 2014)

December 8, 2014 Comments off

Taxation of Internet Sales and Access: Legal Issues (PDF)
Source: Congressional Research Service (via Federation of American Scientists)

In recent years, there has been significant congressional interest in the states’ ability to impose sales and use taxes on sales made over the Internet. While these taxes are imposed on the consumer, states generally prefer that retailers collect and remit them, rather than relying on the consumer to pay the tax. State laws requiring retailers to collect sales and use taxes are subject to federal law. First, such laws must comply with the U.S. Constitution, of which two provisions are particularly relevant—the dormant Commerce Clause and the Fourteenth Amendment’s

See also: “Amazon” Laws and Taxation of Internet Sales: Constitutional Analysis (PDF; November 28, 2014)

A Retailer’s Guide to Webrooming

December 3, 2014 Comments off

A Retailer’s Guide to Webrooming
Source: Merchant Warehouse

Brick-and-mortar stores are feeling the heat from online retailers, especially with their customers browsing in-store and buying online.

But the showroowing effect is not the only way shoppers are changing their habits. See how reverse-showrooming, or ‘webrooming’, is shifting the opportunity back to the brick and mortar stores, and learn some tips on how your business can take advantage, in the infographic below.

A Retailers Guide to Webrooming | Merchant Warehouse

AU — Online shopping and potential changes to the low value threshold: costs and benefits for government, consumers and retailers

November 25, 2014 Comments off

Online shopping and potential changes to the low value threshold: costs and benefits for government, consumers and retailers
Source: Parliamentary Library of Australia

Australians spent $15.7 billion in the year to August 2014 buying online from both international and Australian retailers. Online shopping by Australians has increased over time, and is likely to continue doing so. A significant portion of Australian purchases online are from Australian retailers.

Understanding Social Effects in the In-Flight Marketplace: Characterization and Managerial Implications

November 17, 2014 Comments off

Understanding Social Effects in the In-Flight Marketplace: Characterization and Managerial Implications
Source: Stanford Graduate School of Business

This paper investigates the in-flight marketplace. It uses detailed data of in-flight purchases to characterize the factors underlying purchasing behavior, including pre- and in-flight factors and in particular social effects. We find that the number of passengers and the flight duration increase in-flight sales. Delays also increase in-flight purchases but they suffer cannibalization from compensations offered to passengers. At the individual level we show that the classical social influence theories do not suffice to explain all patterns in the data. Omission neglect, product contagion and goal balancing are proposed as complementary theories. The analysis shows social effects play a significant role: On average a passenger is approximately 30% more likely to buy after being exposed to a lateral purchase. Importantly, we find that willingness to buy is positively correlated with responsiveness to social influence. Because of this homophily and social feedback effects, otherwise nuisance factors, can provide targeting value for the firm: Behavioral-based targeting can up to double the relative social spillovers of marketing actions.

Black Friday forecast looks bright; Cyber Monday sales expected to grow 15.0%

November 17, 2014 Comments off

Black Friday forecast looks bright; Cyber Monday sales expected to grow 15.0%
Source: IBISWorld

The holiday shopping season will officially kick off at the end of this month, and shoppers will be gearing up to score some major deals. The stronger US economy, higher e-commerce sales and earlier store openings on Thanksgiving will boost retail spending during the upcoming holiday shopping period. Total spending over this year’s Black Friday weekend is forecast to rise 1.8% to $36.7 billion. The biggest contributor to holiday spending growth will be online sales, as Cyber Monday revenue growth reaches double digits for the fifth consecutive year. Meanwhile, Americans will spend an estimated $8.4 billion this year on Thanksgiving food and drinks, gifts and decorations, reflecting a 1.7% increase from 2013.

Serving Today’s Military Consumers

November 6, 2014 Comments off

Serving Today’s Military Consumers
Source: Nielsen

Veterans Day, originally founded to remember the cease-fire of World War I, has become a day for Americans to remember and honor all veterans, as well as active-duty members of the U.S. military.

But we aren’t the only ones who should remember these national heroes. Whether they’re on active duty or have already served their country, today’s military members and their families are also consumers. By understanding these shoppers and their families’ unique consumer habits, retailers and manufacturers can better reach this segment of the population and serve their specific needs.

Follow

Get every new post delivered to your Inbox.

Join 990 other followers