"OrderGroove, a startup that allows brands to create subscription and membership commerce, has raised $7 million from Fung Capital USA, with additional investment from Lerer Ventures, Legend and SWaN Ventures, Allegro Venture Partners, Bee Partners, as well as former Walmart.com CEO Raul Vazquez and NEW Corporation's Chairman Fred Schaufeld.
Brands turn to OrderGroove to add subscription commerce models to their e-commerce sites. For example, L'Oreal uses OrderGroove's SaaS to offer a monthly box of skincare products."
-A brand's e-commerce website typically gets more visitors than its Facebook page.
-Facebook commerce shouldn't be narrowly defined as storefronts. Instead, it encompasses other activities, such as loyalty programs and rewards.
-And commerce on Facebook is still in its experimental stages.
The store is the company's first venture into mobile commerce. American Apparel says it chose to start with Japan because many Japanese consumers-especially teenagers, American Apparel's target market-are comfortable shopping from their phones.
"Subscription-based e-commerce models are white hot right now" Discusses Birchbox (which works with Redken) and similar services across different verticals.
Kaiser Chiefs are letting Facebook users put together 10 tracks from the 20 on the album, add their own cover art, and then pay and download the album. The personalized album can then be bought by other customers, and the original creator of the custom album gets a 13% commission.
P&G ditched the amazon f-commerce integration and used their own site as the backend- doesnt take you out of facebook, users can share their purchases, this is being done for their beauty brand olay, other retailers can join in (they are talking to walmart)
tablets account for 20% of "mobile" e-commerce sales, and 60% of tablet owners say they have used them to "shop" (I guess that excludes shopping for apps). Also examples of apps doing it right: TheFind, Crate & Barrel, Sephora, Jetsetter
About 69% of retailers say they'll spend more on e-commerce technology this year than they did in 2010, according to a new survey. Earlier website improvements resulted in higher sales, spurring optimism and increased spending among merchants who see ongoing improvements as the key to further increasing conversion rates, the survey says.
In November and December, the number of online transactions increased by 37 percent, and overall sales jumped by 25 percent. But the average ticket size declined by 9 percent, according to Chase Paymentech, which analyzes information across the top 50 e-commerce retailers.
I'm in total j-trend mode today. This is an example of a social commerce execution in Japan. Essentially "Tweets Begging" involves people asking for deals on certain kinds of products and then a store rep will discount a product in that category, or the exact product requested.