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Amazon rolls out India Site
Amazon, world’s biggest retailer, on Thursday launched its service in India.

With this one of world's biggest online retailers, enters India --one of the world's largest retail markets, worth $550 billion.

The Indian website, called Junglee.com, doesn't yet offer customers the option to directly purchase from Amazon. Only allowing potential customers to compare prices and visit the websites of suppliers for purchases.


In its press release, Amit Agarwal, vice president, Amazon.com said,

"We are excited to give customers in India a single online starting point where they can shop a wide selection of products sold by local and global retailers,".


What Junglee.com will offer:

At the launch, Amazon's Indian website will offer buyers an option of 12 million products across 25 categories. ---------
Amazon , Junglee.com , Online Retail , Size of Indian retail market , Tech24Hours India

Anil Singh Friday, February 3, 2012
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Amidst rising Facebook influence, Black Friday Online Spending Up 16%
First what is Black Friday, excerpt from Wikipedia,

Black Friday is the day following Thanksgiving Day in the United States, traditionally the beginning of the Christmas shopping season. Especially popular in the United States, the event is spreading to other nations such as Canada and Australia. On this day, many retailers open very early, often at 4 a.m., or earlier, and offer promotional sales to kick off the shopping season. Black Friday is not actually a holiday, but many employers give their employees the day off, increasing the number of potential shoppers. It has routinely been the busiest shopping day of the year since 2005, although news reports, which at that time were inaccurate,have described it as the busiest shopping day of the year for a much longer period of time.


The day's name originated in Philadelphia, where it originally was used to describe the heavy and disruptive pedestrian and vehicle traffic which would occur on the day after Thanksgiving.

This year Online spending rose much more than expected on Black Friday, should the trend continue, holiday 2010 sales may be stronger than expected, especially if e-commerce (online purchase) is a proxy for overall retail activity.

Comscore, the online research firm, had expected online sales to rise 12% this year. However, According to Coremetrics third annual Black Friday Benchmark Report, quoted here, “Online sales were up a healthy 15.9 percent, with consumers pushing the average order value (AOV) up from $170.19 to $190.80 for an increase of 12.1 percent.

Trends that are clearly seen in the recent report:

1) Luxury Goods have come back to favor. Jewelry retailers reported a 17.6 percent increase in sales.Affluent shoppers appear very willing to spend money.

2) Consumers are not wandering unnecessarily , they know what they want and where to get it. People are viewing 18.0 percent fewer products on sites than last year.

3) Shopping via Social networks or Social Shopping finding traction: Consumers appear increasingly interested about their favorite brands’ social presence (like a fan page on Facebook), and are turning to brands’ networks or communities on social sites for information about deals and inventory levels. Though the percentage of visitors arriving from social network sites is fairly small when compared to all online visitors—nearly 1 percent—it is gaining momentum, with Facebook dominating the space.

4) Facebook is changing the face of e-commerce. The social networking giant now carries 25 percent of all online display ad space. Owing to its low cost ads and 500 million plus user base, Facebook now appears to be on its way to becoming a major influence in the direct recommendation of the purchase of goods/services for the holidays as Facebook members are seen point out retail favorites to one another.

Shop well ! ---------
eCommerce , Online Retail , Social Networking , Studies

Anil Singh Sunday, November 28, 2010
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Black Friday 2009 compared to Black Friday 2008
By A Bisht

Online spending Black Friday 2009___________________$595 million
Online spending Black Friday 2008___________________$534 million

Growth in Online spending this Black Friday compared to the last one_________ 11 percent


Black Friday 2009 has contibuted in a big way to the first 27 days of the US festive season. ---------
Online Retail

Anil Singh Friday, December 4, 2009
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Black Friday contributes $595 Million in U.S. Online Holiday Spending
By A Bisht

Black Friday which has assumed a cult status in recent times has contributed in a big way to the first 27 days of the online retail of the November-December 2009 holiday season.

Total online spending in the first 27 days of the holiday season_______$10.57 billion

Online spending on Black Friday________________$595 million

Contribution of Black Friday to the Total online spending________5.6 percent

Thus every SIX of the 100 dollars spent during the first 27 days of the US festive season, were spent on Black Friday. ---------
Online Retail

Anil Singh
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Share of Online sales in total US holiday retail sales
By A Bisht

According to NRF data,quoted here,

Total US Holiday retail sales in 2008__________$441.97 billion
Total holiday online retail sales in 2008_________$ 41.4 billion

Share of Online sales in total US holiday sales______ Nine percent ---------
Online Retail

Anil Singh Wednesday, November 4, 2009
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