Last week JB Hi-Fi announced its record half year net profit after tax of $125 million, that’s a 31.7 percent increase. Despite this, analysts are unsure of the retailer’s long term prospects. The company says it will focus more on its online retail store.
With plans to expand its international footprint more in 2017, apparel retailer Cotton On says it has strategies in place to improve its online shopping platform further, following its recent implementation of a number of enhancements.
Vinomofo says it has been overwhelmed following its launch in Singapore two months ago. Its strategy is to launch in more markets faster, and get a foothold overseas, but Singapore has completely taken the company by surprise.
As online retailers we are more like alley cats, able to flex and react at speed when interventions are required, to ensure prosperous nine-life innings. We have developed some sharp street smarts, no doubt about it. But sometimes, some of us are seduced to the dark side.
Whether you’re a startup or looking to further expand your already successful e-commerce business, one thing’s is for sure – focusing on daily wins and goals leads to kicking those bigger goals. And how you start your day could be the key to setting you up for failure or success.
Erica Stewart, founder and CEO of giftware online retailer Hardtofind, shares some of her top tips how to thrive as a pureplay online business, including putting your customer first and expanding the online experience offline.
Think I,Robot, where Will Smith and our human race co-exists in a world with machines, or to get even more dramatic about it, Terminator. Those movies of a futuristic world, where you watched people and robots blending together is about to get more real.
Online fashion and beauty retailer ASOS has revealed strong sales results in its fourth quarter of 2016, 36 percent up from Q1, as investments in pricing and proposition has continued to gain traction. Customer engagement, basket size value and order frequency increased as well.
Online fashion search engine ShopStyle sheds light on the company’s vision, including how it’s using the “influencer” to create a richer shopping experience for its digital consumers.
International fashion label DKNY has revamped its website to focus on offering a more simplified checkout process, as well as platform and individualised messaging.