JET.com is thinking “outside of the box” to attract new merchants and customers to its website. Retailer apps (like JET) are able to display products and advertisements inside of Ibotta. If the consumer makes a purchase, or signs up as a merchant, Ibotta will give the customer cash back. The Ibotta app has grown quite […]
Continue reading
CNN Money reports on August 08, 2016, Wal-Mart agrees to buy Jet.com for $3B in cash. They also agreed to give $300M in Wal-Mart stock over time. This is a small price to pay, when Amazon earns more than $100B annually. The CEO of Wal-Mart, Doug McMillon, believes this acquisition will help Wal-Mart build their […]
Continue reading
Walmart sold its e-commerce business in China to JD.com (the second biggest online retailer in China). This strategic venture allows Wal-Mart’s brand to still operate its direct-to-retail business side of JD.com, while the online marketplace will be run by JD.com (a Chinese company) that is knowledgeable in e-commerce. China is now ranked the fourth-largest international […]
Continue readingJet.com has a very different approach to e-commerce, including the way they design their product pages. For example, you may notice that in comparison to their competition, JET keeps their product pages very clean, with only necessary data. Below is interesting insight into how JET is designed, and how the product page is not just […]
Continue readingAs a relatively new e-commerce marketplace, Jet has an advertising campaign to educate consumers about their brand. The real question is: Does Jet.com Make Money? The answer is no. Jet.com is still in the early stages, and is not making money. Despite this, they have no immediate plans to change their business model. JET did […]
Continue reading
Wal-Mart has been in the news quite a bit recently. From an e-commerce perspective, it is making big moves into this arena. Below are some important highlights to note about Wal-Mart: Wal-Mart is experiencing steady growth. As reported by The Motley Fool, the revenue of Wal-Mart during the first quarter (ending on April 30) came […]
Continue reading
India’s biggest conglomerate, Tata Group, launched an e-commerce website (Tatacliq.com) listing apparel, footwear, electronics, and jewelry from in-house as well as external domestic and global brands. This new e-commerce venture follows a curated marketplace model, but unlike other online marketplaces where sellers are free to sell any products, Tata Cliq chooses the kind of products […]
Continue readingJet.com just added a new category of products called “fresh food,” listing there products, including: fresh produce, dairy and eggs, bakery, meat and seafood, beverages, and deli. In this pilot testing, the service is available in 875 zip codes covering: New York, New Jersey, Connecticut, Pennsylvania, and Washington, DC.
Continue readingJET Growth Since its launch in July 2015, JET has experienced growth, thanks to advertising and media coverage. Since September 2015, sales have increased by 28% each month through February 2016, and they experience a predicted slowdown of sales when the holidays ended. In addition, JET acquired Hayneedle.com, which is a home décor merchant. Source: […]
Continue reading
