What Amazon Knows That Distributors Don’t – Internet Retailer

An interesting blog post by Ragda Bodla (Director, Industry Marketing, NetSuite Inc.) on Internet Retailer today is a good read:  “What does Amazon know about succeeding in B2B? Basically, B2B buyers increasingly want the same shopping experience they have as consumers on B2C e-commerce sites. The same people who buy shoes online are also buying supplies for their companies, and they demand the availability, convenience and service [found] on consumer sites Tomkins said during a recent Tomkins International webinar: ‘Competing with the Big Dogs: Standing Up to Google and Amazon‘ . . . Five key B2C lessons distributors should learn to succeed in delivering the consumer-like experience its customers expect and are already receiving from competitors. . . “  continue reading full post on Internet Retailer website. 

Playing the Price Game | STORES.org

Playing the Price Game | STORES.org

The catalyst behind this move is “dynamic pricing,” a strategy that is the direct result of Internet price transparency. It refers to frequent price changes based on customer traffic, demand, weather, time of day, loyalty card data, competitive factors and some complex algorithms.  The concept of dynamic pricing has been enormously successful for industries like …read more at: Playing the Price Game | STORES.org.

Amazon tightening grip on showrooming

Amazon takes showrooming to next level with image recognition …

mobilemarketer.com

Amazon is tightening its grip on showrooming with a new image recognition application feature that cuts down on the number of steps it takes for a consumer to find and buy a product – read full story by Mobile Marketer’s Lauren Johnson

 

 

 

 

 

Amazon’s iPhone app

Abercrombie & Fitch uses predictive analytics for design, pricing | Chain Store Age

Read full article published BY DAN BERTHIAUME OF Chain Store Age Magazine:

Abercrombie & Fitch uses predictive analytics for design, pricing | Chain Store Age.  “By using First Insight to identify more winning products and price them appropriately, we are increasing speed to market with the right styles which will yield increases in sales and margin. . . said Gillian Galner, general VP of Abercrombie & Fitch