By David Tobia
February 4, 2013
Amazon has begun to shift from directly selling products to customers due to its success with third party sales. The practice of fulfilling third party sales will continue to grow, and could become the entirety of Amazon’s business plan eventually. Third party sales now account for 39 percent of Amazon’s sales, and massive distribution centers show Amazon’s continued transition. Continue reading Will Amazon Make Complete Transition to Third Party Sales?
January 16, 2013
Marc Freed-Finnegan and Jonathan Wall left the Google Wallet team in 2012 to launch their own startup. Many thought the two would develop a rival mobile wallet, but the duo’s new venture is heading in a different direction. Called Index, the startup “is essentially offering to turn every store into the same sleek, technology-driven experience of an Apple store, where you get that one-two punch of efficient, yet tailored service,” explains Wired. Continue reading Index: Startup Aims to Personalize Your Shopping Experience
January 3, 2013
Amazon CEO Jeff Bezos got a “wake-up” call a decade ago, when he got word of a project at Google to scan and digitize product catalogs. “He saw it as a warning that the Web search engine could encroach upon his online retail empire, according to a former Amazon executive,” reports Reuters. That was just the beginning of a rivalry that will continue heating up in 2013. The two will compete even more fiercely in the online advertising, retail, mobile gadgets and cloud computing realms. Continue reading Are Amazon and Google on a Collision Course for 2013?
December 18, 2012