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Long Jin

Brands grind to push online presence in China - 0 views

  • More than 500 million Internet users reside in China, according to the China Internet Network Information Center, and hoteliers around the world believe the opportunities for online distribution are abundant as that number continues to grow.
  • Online distribution in China is quite complex and different from the rest of the world.
  • Government restrictions on social media are an added hurdle for hoteliers operating in the nation,
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    The article introduced about the opportunities and challenges if the hotels want to expand their ecommerce in China. As the China Internet Network Information Center said, more than 500 million Internet users reside in China while it is still growing, hotels around the world believe that it is a big opportunities to develop their online distribution in China. However, although this is a big opportunities, there are also many challenges which can influence the effect. As the author said, the challenges are government restriction, language and translation and lack of adequate technology. As many hoteliers said, in china, it is very hard to develop its ecommerce. The key issue is the language, only the companies can find professional staff to translate the system into Chinese, the ecommerce can be used. Also, as Chinese credit limits are very low, most of the overseas travel transactions are completed offline in cash.However, hoteliers are trying to find solutions to beat challenges like hiring local marketing agencies or developing in-house marketing teams. Also working with local partners has been more used in the industry.
Marla Baldomero

The Ecommerce Revolution Is All About You | TechCrunch - 0 views

  • there is a whole world of social data, and even more-in-depth purchase data that can be mined by retailers to help increase sales.
  • Personalization will be the differentiating factor in e-commerce and digital commerce going forward, especially for multichannel retailers and new entrants online.”
  • the goal is to be able to deliver personalization without being predictable
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  • the toughest hurdle is to have enough data on an individual to actually help personalize the experience
  • There is tremendous potential in developers and retailers being able to mine this data from ‘boughts’ and wants’ as opposed to the open-ended ‘like.’
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    This article discusses the importance of ecommerce becoming a more personalized experience for customers. It talks about how Amazon and Netflix do a great job in finding items their customers may be interested on based on their past purchases and recent searches. I found it interesting how social networks such as Facebook are being targeted to assist with ecommerce. Companies want to take what Facebook members put on their page and use it as data for when they visit their website. That way they already have some information on the customer before they even visit. Companies are being challenged in the way they maintain this data. Many companies are having issues figuring out how to store the data they receive from their customers. I think it's a great idea and absolutely love when online shopping sites show me items similar to what I was looking at. A majority of the time I click on what was suggested and purchase it or at least like it. I agree that ecommerce needs to become more personalized because it is the future of shopping. Many people are lazy and find it easier to just purchase items via the Internet than actually visit a store. The internet needs to find a way to provide that customer service feeling that customers are provided when they visit a physical store.
anonymous

Wal-Mart Ditches Amazon Prime-Like Service, Reduces Free 2-Day Shipping Requirements - 0 views

  • Wal-Mart Ditches Amazon Prime-Like Service, Reduces Free 2-Day Shipping Requirements
  • Marc Lore, president and CEO of Wal-Mart U.S. eCommerce, said in a statement. "Two-day free shipping is the first of many moves we will be making to enhance the customer experience and accelerate growth."
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    With increased competition, Walmart is now offering a similar program to that of Amazon. Now Walmart shoppers are able to utilize free 2 day shipping with a purchase of over $35 (a decrease from that of $50 before). By decreasing the price Walmart will now enable more of its shoppers to take advantage. Marc Lore, president and CEO of Walmart US eCommerce said "in today's world of eCommerce, two day free shipping is table stakes. It no longer makes sense to charge for it." Amazon made just shy of $513 million in the first quarter of 2016 (Wired.com). I'm sure this is one way in which Walmart aims to get a piece of that pie in 2017.
upasnab

Three Future Delivery Trends We Are Likely to See In Ecommerce - 1 views

  • The constantly developing technology in this area means that the online shopping experience will continue to improve, and many current challenges will be solved.
  • One of the most pressing reasons why people like to shop offline is the issue with delivery.
  • The accelerating growth in the number of parcels that need to be delivered will force various couriers to invest in new technologies to meet the ever-growing demand.
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  • Customers are expecting higher and quicker service in general when it comes to online shopping, and that is precisely what these e-commerce businesses are trying to provide.
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    This article talks about the future delivery trends expected to emerge in the Ecommerce business. Many shoppers are moving their shopping experience online for reasons such as convenience, time saver etc. However, there are many consumers who prefer the offline shopping experience and some choose to do it because of the lack of certain services online. One of the main reasons they prefer going to the stores is because they have their product available to them immediately rather than having to wait for the delivery. Many retailers are working on solving this issue. The three trends that are most likely to emerge as solutions soon are: same day delivery, drone or robot delivery and pick up and pack companies. These three options will entice customers to shop online since they will be able to receive their products same day. "Research shows that consumers are willing to pay more if it means getting faster delivery. Although this could increase costs for brands, they will get more sales and will be one step ahead of other brands who do not yet offer this service".The retailers might raise the cost of the product but consumers are willing to pay a little extra for same day delivery.
Taj Buckley

5 Major Ecommerce Trends to Watch in 2019 - 0 views

  • Marketing Tailored to the Youth of America
  • According to ecommerce statistics from the Pew Research Center, millennials are projected to become the largest demographic in the United States by 2019, surpassing baby boomers. This also means that Millennials are on track to surpass Baby Boomers (as well as Gen X) in terms of purchasing power.
  • In addition to PayPal, Apple Pay, Google Pay, and other digital payment systems, this trend is making it faster and easier for consumers to make payments and for ecommerce organizations to process them. Blockchain and cryptocurrency are also on the rise, leading many businesses to consider expanding their payment options to accommodate consumer demand and provide a more secure transactional system.
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    Hospitality companies should begin to focus marketing tailored to the youth of America. Millennials are projected to become the largest demographic in the US by 2019, which means they are on track to surpass baby boomers in terms of purchasing power. Hotels should be looking to offer more ways to pay that just credit cards and cash with many more people using alternative paying methods such as Apple Pay, Google Pay, and PayPal as their primary payment source
cborregomarsh

Hospitality Tech Company Journey Secures $5.63M Investment to Transform Hotels with eCo... - 0 views

  • Following the successful launch of onejourney® - an all-in-one ecommerce platform for hotels - Journey will use the funding to advance product development and achieve market expansion.
  • Journey Hospitality launched its revolutionary ‘Shopify for hotels’ onejourney® platform, which aggregates all of a hotel’s products and services into live bookable inventory, enabling hotel guests to book multiple products seamlessly online in one basket.
  •  Clients have experienced a 25% reduction in inbound calls and doubled conversion rates, with 30% of their online orders featuring multiple products. 
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    Hospitality tech company invests millions in new eCommerce technology for luxury hotels. Its main goal will be to help hotels maximize property profitability by creating a kind of Shopify for hotels by gathering the hotels products and services into purchasable inventory for guests.
Sophia Yam

Bed and breakfast industry adopting e-commerce strategies in e-service - 0 views

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    This article by Leo Huang suggest ideas, base on his research at Taiwan, on how to generate more revenue in Bed & Breakfast market by having eCommerce. Mr. Huang send out survey to B&B that have less then 15 rooms in Taiwan to get an insight on eCommerce development in local area. Mr. Huang was able to obtain 51.32% of the target population and a total sample size of 302 B&B owner survey. At the end of the research, Mr. Huang recommend B&B owner should work with travel industry when developing their eCommerce strategy. Mr. Huang also suggest that owner should seek partners to attracts customers during off season and to have a strong pricing strategy. Base on the research result, B&B business will get resource, competitive and performance advantages by having eCommerce The research also say that it increases sales and better in ROI.
Dandan Mao

eCommerce in Independent Hotels - New Report From MICROS - The Snow Patrol - the ecomme... - 0 views

  • The findings of this research make very interesting reading. We were impressed to see so many independent hotels using social media – 85% had a Facebook page and 74% were on Twitter, although only 35% actually responded to our tweet. The fact that 37% of the hotels take the time to respond to every review on TripAdvisor was also very positive.
  • However, there is still a lot that can be achieved, especially where revenue generation is concerned. 62% of the hotels weren’t offering any additional extras during the online booking process and that’s a missed opportunity
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    The findings of this research make very interesting reading. We were impressed to see so many independent hotels using social media - 85% had a Facebook page and 74% were on Twitter, although only 35% actually responded to our tweet. The fact that 37% of the hotels take the time to respond to every review on TripAdvisor was also very positive
JIACHEN LI

Ecommerce will be biggest IT investment for UK retailers over the next three years - Co... - 0 views

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    This article is talking about the comparison between the traditional retail model and the E-commerce model. People put more attention on the online business rather than the traditional system. From the data of Martec international, it says the spending in the IT has declined since 2003. In the helping of the computer and internet technology people understand the benefits in online. The internet is fast and convenient so that retailers can stay at home and manage their products. People do not be out of home and talk with customers face to face. In the past, the store system was the major part of the IT budge. But nowadays people are seeking another way to decrease the expense and focus on the mobile sales. With the demands of the retailers the CRM, mobile and cloud-based applications are designed, these application are working for implementing consumer solutions and then enable a Omni-channel experience for customers. Now even though the e-commerce does not have many users, the potential users is worth to be mentioned in the retailers. The e-commerce has a bright future prospect.
sultan alharbi

The Advantages of eCommerce in the Airline Industry - 0 views

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    This article reveals that eCommerce has been used for many purposes and the numerous benefits of this trend. One of these benefits is saving time either for customers or airline companies. It is also considered the use of eCommerce as an effective way of marketing. The variety of services offering by this trend is a real increase of airline companies' revenue. Moreover, there are many websites that give the airline companies a lot of opportunities to sell their tickets. The last benefits mentioned is how simple the management of rewords programs.
ehida004

New Hotel Ecommerce and Personalization Strategies - Duetto Blog - 0 views

  • Of increasing importance to hotels is ecommerce — but 20 people within an organization could have 20 different definitions of hotel ecommerce. It’s important for leadership to rein that in, ensuring everyone is talking the same language.
  • Easy revenue meetings are not productive revenue meetings. Challenge both teams to understand each other’s business and how you can coordinate strategies to lower acquisition costs and increase profit. Give both sides self-service access to reports, but prepare for small issues to turn into second- and third-level questions. Embrace those who engage through poking and prodding, but make sure it’s productive. Be able to sell the story. Every promotion is not going to go great, but learn from each situation and be able to explain why you’re doing it throughout. Manage the conversation in layers, first ensuring the hotel is positioned correctly before executing media, and then demonstrating where you can deliver revenue. Develop a multi-year plan that incorporates ancillary revenue, including F&B, golf, spa, etc. Make fewer decisions based on your forecast. Get out of the 90-day cycle and do better full-year planning, aligning your strategy with the budget. “Don’t talk about the plan in February for a May wedding,” LaRose said.
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    This article states the differences in job description of both digital marketing manager and revenue manager, but LaRose focuses on the importance of having them work closely to best reach their goals. Basically you cant have one without the other and each position has something unique to offer to the hotels growth and popularity. Every hotel must sell a story and meet the demands of their guests, consistently adapting and changing, adding and subtracting when needed in order to maximize revenue and continue to be attractive to its consumer.
anonymous

Shopify, the e-commerce company that's coming for Amazon - Vox - 0 views

  • Helmed by internet personalities with a combined 40 million-plus subscribers on the video platform and roughly 50 million more followers on other social media networks, then breathlessly promoted with nearly five hours of videos that drew more than 90 million viewers, the flash sale planned for the afternoon of November 1 was inevitably going to be massive.
  • Organizers recognized that it would be an event, and that it was going to need Shopify
  • Currently more than 1 million merchants around the globe use the company’s technology to open their own digital storefronts and sell goods on the internet, creating a constellation of independent, and decentralized, stores (unlike marketplaces like eBay or Etsy)
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  • Shopify has worked to position itself as the online commerce solution with the experience and size to support fast-growing, digitally native brands — the company’s tech has powered direct-to-consumer staples such as Allbirds and Brooklinen —
  • Last year, the company announced plans to invest $1 billion over five years on warehouse space and robotics to build out a fulfillment network so Shopify can also deliver your packages.
  • But what really has made the Shopify platform a bit of a juggernaut is its comprehensiveness
  • Currently, 1.4 million full-time jobs globally are supported by companies using Shopify.
  • who can tap their networks to instantly bring “high quality, low volume goods” into the world.
  • The company expects to see roughly $1.5 billion in revenue in 2019, a 50 percent jump from the previous year, and continues to see strong growth in subscription revenue.
  • Shopify software was processing $1.5 million in sales and 16,000 checkouts a minute.
  • Shopify’s plan is to lease warehouse space, and utilize robotics technology from a company called 6 River Systems, which they purchased in October for $450 million
  • Companies that sign up for the program can even have their own logo stamped on the box, unlike Amazon third-party sellers, which end up advertising Bezos’s latest project.
  • Trying to take on Amazon and its fulfillment network is a daunting task. That $1 billion investment Shopify is making may sound massive, but Amazon plans to spend $64 billion on logistics and shipping alone in 2019.
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    Is Shopify the new Amazon? If you do not know what Shopify is, it is an ecommerce platform for companies to use to sell their goods. It helps merchants to set up simple website store fronts and allows them to customize their store anyway they want. It also assists them will marketing campaigns, distribution, and shipping.
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    Very interesting article! This introduces Shopify as one the new ecommerce platform that allows individuals to set up the way they want to see their store front. It allows them to manage everything on this platform. Almost like a direct competitor to Amazon.Very interesting market for exponential growth!
Diamond Williams

Online Travel Shoppers Respond Best to Intuitive Ecommerce Experiences - eMarketer - 0 views

  • Like almost all online customers, travelers comparison shop to find the best deals. So it should come as no surprise that a Q4 2011 report on worldwide visitors to travel and hospitality websites by web analytics company iPerceptions found that price was the main barrier to shoppers completing online reservations.
  • But after price, functionality and site design were among the biggest stumbling blocks for prospective customers.
  • When iPerceptions broke down the data, it found that leisure travelers sought out information about hotels or prices more often than did business travelers. Additionally, business travelers were more likely than vacationers to complete a reservation.
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  • The highest percentage of respondents, 28%, said they arrived at a website by typing in a web address.
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    iPerceptions put information together on online travel shopping. One question being what are some of the things that keep travelers from booking rooms. Price was number one on this list of things. This is not surprising because most online travel customers comparison shop to find the best deals. Next, after price, functionality and site design were among the biggest stumbling blocks to those who wanted to book online. Having a website that is easy to navigate so the customer can get the information they are looking for is critical to that traveler actually making that reservation. 8% gave up after being unable to find what they needed. And 7% had a technical issue when trying to book. That's 15% altogether. The survey also concluded that it is mostly leisure travelers who were seeking information as opposed to business travelers. Although, business travelers were more likely to complete reservations. Maybe this can be accredited to the fact that business travelers have all the information they need so they don't have to spend time searching. Or the increased frequency of travel makes them more familiar with sites and where to go and how to get information. The highest percentage of respondents said they arrived at a website by typing in the web address. This leads me to believe that in addition to having a website that is functional and easy to navigate, your web address must be memorable and easy to spell. Those who got to the site by search engine came in at a close second.
Charlesque Moses

Priorities, focus shift as ecommerce evolves - 0 views

  • The hotel ecommerce space is so fluid—is evolving so rapidly—that hoteliers and online travel agencies are constantly shifting their priorities. Each day, new advancements bring new channels and new challenges. As consumers change the way they research and book trips, hoteliers and OTAs find themselves constantly trying to keep up.
  • Today’s online space is more complex
  • Mobile. There is a tremendous amount of growth in the mobile research and booking space, which in turn is leading to shortening booking windows. Hoteliers have to take this new channel into account as pricing models evolve.
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    This article was about how online travel agencies are attempting to shift their priorities based on the technological advancements and desires of the consumers. These improvements are bringing along challenges in booking trips/ hotels. Booking online was once a smaller portion of businesses. Now, it has gained a major spot in businesses, especially in the areas of consumer sales and research. Now, businesses are attempting to keep up with today's focus in ratings and reviews, mobile, and media and distribution (especially through mobile usage). Being able to research and book trips/hotels through mobile devices is becoming a major move and an important factor for consumers. Most consumers are pressed for time and don't have the opportunity to sit at a computer to research and book trips/hotels. So, implementing this through mobile devices gives the option to book and research from anywhere easily. Any businesses that can keep up with this will definitely be able to thrive in the industry.
Melissa Binns

ULTRA Luxury Exchange Hosts Inaugural Conference for the Industry's Leading T... - 0 views

  • The nation’s top luxury travel advisors and suppliers attended the first annual ULTRA Luxury Exchange (ULTRA) at Turnberry Isle Miami June 2-4, 2013.
  • “There is a true shift in affluent travel trends and this group has helped us define it at this exclusive event.”
  • Attendees also took part in moderated panel discussions titled, Capturing and Capitalizing on the Millennial Luxury Traveler,
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  • Throughout the three-day program, a common theme within each discussion and panel surrounded the growth of the millennial generation within the luxury travel industry.
  • The art of personalized customer service and authentic experiences, play an increasingly integral role within the luxury market.
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    Here BusinessWire, via The National Post, discusses the Inaugural Conference for the travel industry's leading travel advisors. The conference was hosted by ULTRA Luxury Exchange, which is led by a staff of global travel industry experts with decades of experience in the luxury travel industry and event management. Behind the ULTRA Luxury Exchange, is Questex Hospitality + Travel who developed and curated the conference. Questex Hospitality + Travel is the world's largest multinational media, event and eCommerce company which serves the global and hospitality industry. The multi-day conference brought together the "greatest minds in the luxury travel advisor community," according to Ruthanne Terrero of Questex. New travel trends were discussed through key-note speakers, presentations and moderated panels. Topics included, "Capturing and Capitalizing on the Millenial Luxury Travel", "The Art of Customer Service", and "The Rising Trend for Butler Service in Luxury Hotels." The millenial generation was the main topic for discussion with a growth in buying power in the luxury travel industry. The privileged conference attendees will have exclusive access to the formal research presented in the conference to reference for the future.
Nicole Stevens

Facebook's Mobile E-Commerce Solution - Business Insider - 0 views

  • But several of Facebook's big advertising clients who have used the ads in Q4 indicated that the ads can be used to develop e-commerce on Facebook, turning the social network into a mobile shopping and sales device.
  • The ad units simply allow users to download the clients' app from Google Play or the App Store
  • Hotel Tonight, an app that drives last-minute hotel bookings, saw a 10 times higher click-to-install rate from the ads over regular Facebook ads.
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  • “I feel like a kid in a candy store with all these choices. It performs better from a click-to-install perspective than anything except incentivized ads. From an efficiency standpoint, it’s on par with everybody else out there today,” Hotel Tonight's director of mobile marketing Adam Grenier has said (quoted in a Facebook case study).
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    With both individual sites like American Airlines or bundle sites like Travelocity; everyone is jumping on the eCommerce train. And what better way to grow customer loyalty than with your very own app. Want to buy a plane ticket or rent a hotel room do it from your smart phone. Problem is how do you get people to down load your app. Well Facebook has figured that out for you. Advertise on their site and customers can install your app with a click of a button. No jumping to other websites and hassling with tricky downloads; just click and your off.
marylauren1717

OSF Global Services Completes Redesigned E-Boutique for L'Oreal Canada's Biotherm Brand - 0 views

  • IT professional services provider OSF Global Services announced today the delivery of a dynamic, redesigned and re-platformed webstore for L'Oreal Canada's luxury skin-care brand Biotherm.
  • The user-friendly e-boutique is based on the Demandware® Commerce platform, a robust cloud-based solution, and offers visitors a completely personalized shopping experience thanks to the integration of responsive designed webpages, comprehensive analytics and a new product reviews platform.
  • "L'Oreal Canada's ecommerce goals were an ideal match for our methodical, customer-oriented approach to platform migration and application development," said Gerard Szatvanyi, President and CEO of OSF Global Services. "Our forte is delivering scalable, customized solutions that result in a superior shopping experience for consumers while supporting exponential growth for our clients."
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    L'Oreal Canada is now utilizing OSF Global Service's eCommerce solutions to further their luxury skin-care brand, Biotherm. Their new e-boutique is based on the Demandware Commence cloud-based platform. This new solution will offer their target consumer a personalized shopping experience with the "integration of responsive designed webpages, comprehensive analytics and a new product reviews platform." With online shopping behavior constantly changing, integrating the appropriate platform is key for store and web-based companies. With added control over the products consumers view and purchase, shoppers are provided with deeper insight into Biotherm. I believe that L'Oreal Canada's advance approach to consumer shopping will bring added success to their products while enhancing their 30 brand portfolio. While meeting their customers' expectations, they are able to evolve their image.
Xinghe Hu

Friday Fact Box: Traveller Trends and eCommerce in the Hospitality Industry | GottaQuirk - 0 views

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    When it comes to holidays, you're now able to research online, but before the process of arranging a holiday involves a long ptocess of reading holiday brochure, phoning hotels and deciding where to book
Xueling Wang

Priorities, focus shift as ecommerce evolves - 0 views

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    Today's online space is more complex and more fragmented. There is a tremendous amount of growth in the mobile research and booking space, which in turn is leading to shortening booking windows.The rise in importance of the mobile channel garnered much attention at PhoCusWright. There are OTAs that are helping solve a problem hoteliers could not do on their own and there are OTAs that are maliciously attacking hotel revenue with large margins. Search-engine marketing, particularly with new parameters introduced by Google, is making it harder to promote and sell hotel rooms.
Joshua Frost

The Heat is On: Five Online Travel Trends Set to Explode :: Hotel News Resource - 0 views

  • smartphone sales will reach 982 million
  • Expedia reports that 65% of hotel bookings within this last 24-hour window are via mobile, and 15% for flight bookings.
  • Expect also to see increasing numbers of mobile-only companies entering the fray.
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  • A report by eMarketer indicates that ecommerce sales in the US are expected to hit $119 billion in 2012.
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    Another interesting article here regarding smart phones and the booking process. How many times have you gone home to your computer to book a flight or a hotel? Well according to this article you are one of the few. Expedia reported that 65% of hotel bookings in a random 24 hour period were booked on the go. With smartphone sales reaching $982 million this year, there are many companies that are now doing "mobile-only" booking. eMarketer indicates that ecommerce sales are going to reach $119 billion this year. With that being said, travel agencies should be bracing themselves for a hit. If people are using sites like Priceline and Expedia more and more everyday, eventually there will be no need for agencies.
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