Bloomspot is the latest VC-backed New Retail Concept.  See Techcrunch for a good piece on the announcement of their funding.  The most interesting thing to note about Bloomspot, is that they are openly discussing the dirty little secret of group couponing sites – that most merchants don’t find them valuable enough to use more than | View post »

The latest issue of the Economist has a nice piece on New Retail Concepts.  It is a good summary for those that have not been following the space closely.  The most interesting aspects from my perspective are the following: This article in the Economist reflects the dramatic success new approaches to ecommerce have achieved in | View post »

Larger ecommerce retailers are showing a growing interest in the Magento ecommerce platform. They are generally excited about an open platform that is flexible and much more cost effective than proprietary alternatives. As with any new platform, misperceptions arise such as: Magento websites are not very compelling Magento does not scale Magento does not integrate | View post »

Today, we are happy to announce that OCentric, our ecommerce SaaS, leveraging Amazon Web Services LLC (AWS). The economics of cloud computing now enable companies to have unique solutions at the same cost as generic ones. In addition, with Amazon Elastic Compute Cloud (Amazon EC2), OCentric clients can auto-scale servers to meet peak demand, which | View post »

Good article in the WSJ today covering the early returns from Facebook Like deployments by ecommerce retailers including the first public ROI statement I have seen:  ”After Gilt introduced “Like” onto its “flash sales” pages at the end of June, the site saw a 50% leap in sales coming from Facebook after the first week. | View post »