ambitions

How Social Commerce Is Winning By Going After The Entire Shopping Experience, From Browsing To Sale

Source: http://www.businessinsider.com/social-commerce-and-the-sales-funnel-2013-9

BII social commerce funnel

If social commerce is ever going to fulfill its ambitions, it must go after all parts of what is known as the consumer purchase funnel.

The classic funnel might be divided into three main stages: consumers discover new products on Facebook or Pinterest, then form an opinion, and finally move on to the purchase stage.

Social commerce is all about inspiration and product discovery, but entrepreneurs and retailers are anxious to transform that interest at the “top-of-the-funnel,” into sales.

In a new report from BI Intelligence, we analyzed the most recent data and spoke to leaders in the social commerce space to understand how their companies are adding value at different stages of the retail and e-commerce purchase funnel. To do so they’re building social networks around e-commerce platforms, partnering with brands, or otherwise transforming social commerce’s strengths in Pinterest-style digital window-shopping into a clear value proposition.

Access The Full Report, Graphics, And Data By Signing Up For A Free Trial Today >>

Here’s how social commerce companies are driving sales:

In full, the report:

 

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Wednesday, September 11th, 2013 news No Comments

Teachers on Pinterest initiative could make lesson planning halfway enjoyable

Source: http://www.engadget.com/2013/08/13/teachers-on-pinterest-project-planning/

Teachers on Pinterest initiative could make lesson planning halfway enjoyable

Oh, education. So necessary, but so grueling. Particularly for oodles of grade-school instructors who are forced to swallow their fresh-out-of-college ambitions and fall into the system if they ever hope to level up in academia. We’ve seen glimmers of hope here and there, with certain schools getting outside of their comfort zones long enough to try new methodologies, and Pinterest’s latest project certainly holds a lot of promise. Teachers on Pinterest is a hub that showcases a variety of lesson plans and teaching tools, and through a partnership with Edutopia, it’s hoping to build out a full-bodied community for instructors. Hit up the source link below for a closer look, and remember: teachers rule.

 

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Tuesday, August 13th, 2013 news No Comments

drag2share: How Amazon Is Trying To Create A Huge Mobile Business (AMZN)

source: http://feedproxy.google.com/~r/businessinsider/~3/NiXEajBcahU/amazon-creating-huge-mobile-business-2013-6

amazonU.S. mobile commerce is exploding. Amazon, as a leading ecommerce site, is set to grab a big chunk of that.

But when it comes to mobile, Amazon’s ambitions are anything but limited to ecommerce.

Recent reports from BI Intelligence detail Amazon’s mobile ambitions, analyzing everything from the potential impact of a rumored Amazon smartphone to Amazon’s ability to become a huge player in mobile advertising.


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Thursday, June 27th, 2013 news No Comments

Uh Oh! Amazon Researchers Say Pinterest Doesn’t Generate A Lot Of Sales (AMZN)

Source: http://www.businessinsider.com/zappos-labs-pinterest-monetize-2012-8

Zappos Pin Pointing

Zappos Labs, the research arm of the Zappos online apparel site, has been experimenting with Pinterest—and the results are not encouraging.

Will Young, director of Zappos Labs, told Bloomberg that Pinterest users are far more likely to share a purchase than Twitter or Facebook users—but that shared items generate far less revenue than Twitter or Facebook.

This is a big problem for Pinterest, because the whole idea of the site is that it’s supposed to be better at monetizing social activity than Twitter or Facebook.

Young told Bloomberg that Zappos customers were 13 times likelier to share an item they bought with friends on Pinterest than on Twitter, and 8 times likelier than on Facebook.

But a post on Twitter generated far more revenue—$33.66 an order—than Facebook, at $2.08 an order, or Pinterest, at 75 cents an order.

That’s great news for Twitter, which will surely tout these figures as it makes a push for retail advertisers.

But it’s kind of bad news for Pinterest, which recently raised $100 million at a $1.5 billion valuation on the premise that its site—which is all about sharing beautiful images of things to buy—should be good at this kind of social commerce.

It’s not great news for Facebook, either, which has ambitions to make commerce a bigger part of the site than it is today.

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A Pi nterest spokesperson whom we alerted to the study promised to look into it. We’ll update if we hear more.

One note: Amazon owns Zappos and Amazon.com is a rival of Rakuten a Japanese e-commerce giant that is also is an investor in Pinterest.

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Tuesday, August 28th, 2012 news No Comments

Dr. Augustine Fou is Digital Consigliere to marketing executives, advising them on digital strategy and Unified Marketing(tm). Dr Fou has over 17 years of in-the-trenches, hands-on experience, which enables him to provide objective, in-depth assessments of their current marketing programs and recommendations for improving business impact and ROI using digital insights.

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