• Thursday , 23 March 2017

Daily Cashback Industry News

Cashback News: Mobile commerce breaking through in US retail

Cashback News: Mobile commerce breaking through in US retail

US mobile commerce is growing fast and Astound Commerce expects it to reach 33% of online sales or $130.92 billion. According to L2 Intelligence Report – Mobile retailers are under-investing in mobile to date even though 85% of global smartphone owners have used a smartphone to shop inside a bricks and mortar store.

Read more

Cashback News: How are US retailers getting ready for holiday sales?

Cashback News: How are US retailers getting ready for holiday sales?

National Retail Federation forecasts 3.6% US retail sales growth to $655.8 billion — significantly higher than the 10-year average of 2.5%. E-commerce sales will grow between 7%-10%. Bain Capital says retail sales could grow up to 4% and SeekingAlpha predicts online sales will increase 17.2% this year.

Read more

Cashback News – Oct 17: Aiming for Amazon: Competitors looking for ways to beat the e-commerce giant

Cashback News – Oct 17: Aiming for Amazon: Competitors looking for ways to beat the e-commerce giant

Look out Amazon! From Walmart and Jet.com to Target, Flipkart and even Macy's, competitors are looking for ways to beat you at your e-commerce game. Today, we'll look at how they're hoping to find any weak spots but they're going to have to work incredibly hard and move very fast to keep up with Amazon.

Read more

Cashback News – Oct 12: India e-commerce Festival sales, news update

Cashback News – Oct 12: India e-commerce Festival sales, news update

With total sales of 15.5 million products to more than 100,000 customers, Flipkart claimed to be this year's biggest Festival sales seller. Amazon sold more than 15 million products to come in a close second while Snapdeal said it sold more than 11 million products.

Read more

Cashback News – Oct 10: Loyalty program news, trends and innovations

Cashback News – Oct 10: Loyalty program news, trends and innovations

Time for a quick update on loyalty programs including several very interesting new programs introduced by US retailers. A report from ICLP says consumers want more from their loyalty programs including personalized offers, invites to VIP events, in-store recognition and ...

Read more

Cashback News – Sept 7: EU e-commerce news update & trends

Cashback News – Sept 7: EU e-commerce news update & trends

With Brexit inching forward, there's a mix of challenges and opportunities for merchants in other Western EU countries. 253 million EU consumers spent more than $210 billion online in 2015, up 5% over the previous year. A Payvision report says more than 10% of EU companies are restricted by regulations from selling cross-border. There's still work ahead for unified e-commerce.

Read more

Cashback News – Oct 5: New face of global connected e-commerce: Challenges & opportunities

Cashback News – Oct 5: New face of global connected e-commerce: Challenges & opportunities

Earlier this year, Nielsen published a valuable report called “Global Connected E-commerce: Is E-tail Therapy the New Retail Therapy?” The research company surveyed more than 13,000 consumers in 26 countries to provide insight into how global e-commerce is evolving. The results are essential reading ...

Read more

Cashback News – Oct 3: What’s up with Walmart? A global retail and e-commerce update

Cashback News – Oct 3: What’s up with Walmart? A global retail and e-commerce update

It's time to take a fresh look at Walmart's US retail strategy and what may be driving its international e-commerce moves as well. CNN Money profiled the Indian marketplace and Walmart's Flipkart potential. With the acquisition of Jet.com complete, Walmart is now poised to go head-to-head with Amazon and analysts seem to be warming up to the idea.

Read more

Cashback News – Sept 30: India’s E-commerce Game of Thrones Battle Heats Up on Walmart Rumors

Cashback News – Sept 30: India’s E-commerce Game of Thrones Battle Heats Up on Walmart Rumors

The fast-moving Indian e-commerce marketplace heated up considerably with rumors that Walmart is negotiating to invest up to $1 billion in current e-commerce leader Flipkart. While some experts say Amazon is about to surpass Flipkart sales this year, Alibaba also has a small ...

Read more

Cashback News – Sept 28: SE Asia e-commerce takes off

Cashback News – Sept 28: SE Asia e-commerce takes off

E-commerce in SE Asia is developing quickly but very differently from more mature markets in the West. Many consumers from India and Indonesia to China and Korea use smartphones only to access the Internet, to browse, shop and communicate without ...

Read more