Target Takes a Page Out of Wal-Mart’s Acquisition Playbook

target same day delivery Target has for the past few months been reinvesting in itself, rolling out its own private-label brands and keeping especially quiet on the acquisition front, with rival Wal-Mart on a buying spree. Until now. Target announced plans on Monday to acquire Grand Junction, a San-Francisco based transportation technology company whose software manages retailers' local deliveries. This partnership will allow Target to send packages to guests faster and more efficiently, according to Target's chief supply...

Read More...

Google Spent Years Studying Effective Bosses. Now They Teach New Managers These 6 Things

google   The transition from individual contributor to manager is not an easy one. In many cases, the skills that got you the promotion will not be the same ones that make you effective as a manager. Luckily, we have organizations like Google that have spent years researching this transition, to help us demystify the secrets to new managers' success. Using Project Oxygen, an internal study that analyzed more than 10,000 manager impressions including performance reviews, surveys, and nominations...

Read More...

Bitcoin’s Latest Record Is Thanks to a Big Speed Breakthrough

  Bitcoin soared past $4,000 for the first time on growing optimism faster transaction times will hasten the spread of the cryptocurrency.   The largest digital tender jumped to a peak of $4,187 Monday, a gain of nearly 17 percent since Friday, after a plan to quicken trade execution by moving some data off the main network was activated last week. The solution -- termed SegWit2x -- had been so contentious that a new version of the asset...

Read More...

Why People are Going Crazy Over Bitcoin and Other Digital Currencies

Bitcoin and other virtual currencies are on a tear this year, surpassing the returns seen in stocks, bonds and most other investments. The price of bitcoin has tripled since the beginning of the year, surging above $3,000 for the first time Sunday before dropping by more than 10 percent the next day. Returns for ethereum — a lesser known but quickly growing cryptocurrency — have been even more dramatic: It’s gained nearly 5,000...

Read More...

Local e-commerce industry can fast-track economic growth

Ecommerce Business Economic GrowthThe growing local e-commerce industry presents an exciting solution for fast-track growth in the SMME sector. “E-commerce represents a fundamental change in the way that trade is conducted, and offers up a new, more efficient way to connect producers and merchants directly to customers around the country and in fact the world, bridging the gap between demand and supply. This presents major potential for the expansion of small businesses, improved...

Read More...

Shopify: The Invisible Selling Machine

Ecommerce Online Digital ShoppingFrom the ­unlikely setting of Ottawa, Shopify has ­quietly been powering an e-commerce revolution.

Shopify has done a pretty good job hiding itself from the world. The company’s e-commerce platform was involved in purchases by more than 100 million individual shoppers in 2016, yet it is invisible by design, enabling the end-to-end operation of its customers, some 400,000 individual retail shops and brands. It proudly operates not from San Francisco or...

Read More...

6 Mistakes Your Ecommerce Store Must Avoid

Ecommerce DesignEcommerce marketers have four basic objectives. To start, they must bring new visitors to their store. Next is to convert more of these visitors into customers. Then they must look at ways to increase the average revenue earned per customer session. Finally, they must create incentives for these customers to return for future purchases. Apart from bringing new visitors to your store, the rest of the marketing objectives are all directly influenced...

Read More...

How to Get Started in Ecommerce for Less Than $100

Affordable Ecommerce DevelopmentStarting an ecommerce business can be stressful. Not because it's difficult, but because there's just so much information out there. It's hard to know what to do and when. Sure, you can figure it out through trial and error, but that can get expensive. Fast. Throwing your computer at the wall can seem like a better solution. But, before you launch your laptop at the drywall, keep reading. The four steps I...

Read More...

Ecommerce Technology Trends That Will Take Center Stage This Year

mobile ecommerceWith 2016 over and done with, the gears are turning. Q1 of 2017 is well underway, and with it does come the next ecommerce technology trends. Last year turned out some rather impressive numbers for ecommerce. According to eMarketer, ecommerce generated an estimated 8.6% of all retail spending in 2016, hauling in about $1.915 trillion.

Everything told, the retail industry as a whole raked in 27 trillion. China dominated the...

Read More...