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Monthly Archives: December 2011

Free Shipping Day Sees Over $1 billion in Online Retail Spending

Yesterday, comScore released the most recent data on 2011 Online Holiday Shopping. U.S. consumers spent $1.07 billion online last Friday, known as “Free Shipping” Day. Four days last week saw online spending top $1 billion; so far this holiday season, comScore says, consumers have spent $30.9 billion online, a 15% increase over the corresponding period [...]

Between a Seed Round and a Hard Place

It’s said that times have never been easier to get a startup off the ground. Between cloud infrastructure and efficient programming tools, ideas become reality in record time at low expense. We’ve seen a bevy of new startups take that path, perhaps fueled by a successful serial entrepreneur, a friends-family seed round, or an early [...]

Online Holiday Spending Up 15% Over Last Year

comScore is reporting that online holiday spending for the season-to date is up 15% compared to the same period last year, at $24.6 billion. The week ending December 9th alone saw $5.9 billion in online spending. “The most recent week of the online holiday shopping season saw growth rates remain in line with the season-to-date [...]

Innovation and Change

Listening to Phil Wickham, CEO of the Kauffman Fellows Program, at last night’s Velocity Ventures/University of the Pacific MBA Showcase in Sacramento, I reflected on the drivers of both innovation and change viewed through his eyes. Phil noted that whether you were talking about the economy, an individual, or a business, the rate of innovation [...]

Secure Social Login Serves Marketers

A new study from Janrain shows that users like using social network login to access ecommerce sites. Marketers like it too. According to the study, which sampled users across 365,000 websites, as of the third quarter of this year, Facebook is leading social media site used for retail shopping login, with a 49% share, followed [...]

Cyber Monday Spending Sets Record

According to comScore, U.S. online spending on Monday, November 28th, or Cyber Monday, topped $1.25 billion. So far this holiday season, consumers have spent $15 billion online, a 15% increase compared to corresponding days from 2010. The $1.25 billion spent on November 28th, 2011, represents an increase of 22% over the $1.03 billion spent on [...]

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