Tag: Retailing

Record GBP 4.5 billion spent online in January sales

Online spending in the January sales reached a record high of over GBP 4.5 billion according to new figures from the IMRG Capgemini e-Retail Sales Index An equivalent of GBP 74 was spent online for every person in the UK in January a year-on-year increase of 75 pct.

The IMRG Capgemini e-Retail Sales Index reveals that there is variation in the year-on-year growth of individual sectors. Of the sectors that are broken out, the most popular items for online bargain hunters in January were electrical items and clothing which saw the highest year-on year growth. Perhaps a sign of festive excess was the small 9.8pct growth in the sales of beers, wines and spirits and the high 18pct online spending on Health and Beauty

The Index highlights that January’s high rate of growth is a change in direction from the previously falling trend – year-on-year sales in September was 73pct which fell to 66pct in November and then 49pct in December. The growth in sales volume over the last three months is more than double than the same period last year and is at the highest level since January 2003. While the overall e-Retail market is growing because of more retailers entering the online market, the high growth is still concentrated on the bigger players who are capturing the consumers’ hearts and minds

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Measurement and Analysis for Digital Signage

Measurement and Analysis for Digital Signage

The definition of an “impression” is changing- take a look behind the scenes of ad buying, audience measurement and data analysis to learn just what the numbers mean, and how to generate them.

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Deutsche Postbank shares soar

Shares of Germany’s largest retail bank Deutsche Postbank AG rose by as much as 11pct in early trade Wednesday, following a report by Financial Times Deutschland daily on a possible merger of the bank.

Deutsche Postbank shares traded off earlier highs, up 9.1pct at EUR 56.18, outperforming Germany’s blue-chip DAX index, which was trading just 0.6pct higher.

According to the newspaper, Deutsche Post Chief Executive Klaus Zumwinkel is looking to expand Deutsche Postbank operations through a merger, citing people close to the company.

U.S. investment bank Morgan Stanley (MS) is conducting exploratory queries, the newspaper reported. Deutsche Bank AG (DB), Allianz SE (AZ) and ING Groep NV (ING) were among the first potential partners contacted, the newspaper said.

Deutsche Post, Deutsche Bank, Allianz and ING declined to comment on the report.

Morgan Stanley wasn’t immediately available for comment.

Zumwinkel has said on several occasions that Deutsche Postbank “currently” isn’t up for sale, but with the deregulation of Germany’s postal market, “one could think more intensely” about the future for Deutsche Post’s stake in Deutsche Postbank.

And the complications of having Deutsche Post as a minority investor may be uncomfortable for any potential banking merger partner, the analyst said.

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What does the future of on-line retailing hold?

A free seminar from the IMRG looks at how companies can increase sales through multi-channel activity

The latest IMRG figures reveal GBP 15.2 billion spent online in Q4 and full year 2007 came in at GBP 46 billion.

This seminar will look at whether this spend is set to continue, what is driving the growth and how companies can increase sales through multi-channel activity and managing customer contact centres more effectively with a case history on Sainsbury’s Online Groceries. Latest industry trends and figures will also be revealed.

These are some of the issues that will be debated by IMRG, eDigitalResearch – one of the leading providers of digital market research, in conjunction with Teleperformance – the world’s largest customer contact centre outsourcer and works with some of the UK’s largest brands, including Sainsbury’s Supermarkets, moneysupermarket.com and JD Williams.

The afternoon will be chaired by Liz Barclay, BBC radio presenter, who will lead a lively debate on the issues facing the online retailing industry.

The seminar is free of charge and places are limited. The seminar takes place on Thursday 6th March, 2008, 1 pm – 5pm at a central London venue. Please book now to avoid disappointment by calling Kellie Cooper on 0121 410 5000 or email [email protected]

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Wal-Mart launches online shopping tool for Valentine’s Day

Wal-Mart has introduced HelpaChickPick.com and re-introduced HelpaGuyBuy.com, online shopping tools that help customers identify the gift profile of their significant other, and then select the perfect gift to suit it.

“Valentine’s Day should be sweet, not stressful, but for many people frustration over finding that just-right present diminishes the romance of the day,” said Nick Agarwal, Wal-Mart’s vice president in corporate communications. “With Helpachickpick.com and Helpaguybuy.com, we take the guesswork out of gift-giving. This online tool helps our customers find gifts their significant others will cherish and save money while they treat their Valentine to something special.”

Customers answer short questions about the recipient’s personality and the sites will identify a corresponding category, such as fashionista or sports fanatic, and offer gift suggestions chosen just for them.

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