It was always going to be big, but the day-long "Singles Day" promotion on Chinese online shopping site Alibaba on Wednesday smashed previous records, with millions of people participating and $US14.3 billion worth of goods sold.
China is set to overtake the Unites States as the world’s largest online retail market, according to Forrester research.
Online retail sales lagged slightly in the 12 months to June 2013, according to the NAB online retail sales index, recording the weakest growth rate in the history of the index.
Around $13.7 billion was spent on online retail transactions in the 12 months to May 2013, according to the NAB Online Retail Sales Index.
Australian consumers are increasingly using tablets to carry out research for shopping purchases, according to research from Google Australia.
Mobile commerce offers great deal potential, but like many technology trends, it may take time to really catch on. If your business is looking to implement mcommerce, there are some important factors to consider beyond the technology. First and foremost, think about your customer, and the customer experience.
This past Cyber Monday was the biggest online spending day in history. In the aftermath, two trends are clear: mobile shopping is a growing trend and retailers are doing a good job prepping for traffic spikes but third-party service providers are not.