@CloudExpo Authors: Zakia Bouachraoui, Pat Romanski, Carmen Gonzalez, Yeshim Deniz, Liz McMillan

News Feed Item

20% Increase in Average Order Value, 8% Increase Overall in Holiday Sales, ShopVisible Data Paints Picture of Happy Holiday Shopping Outlook for Online Retailers

ShopVisible, winner of the 2012 CODiE Award for Best Electronic Commerce Solution and the recent winner of the American Business Bronze Award for Most Innovative Technology Company, today announces data that gives retailers insights into the early picture of the 2012 holiday shopping season:

The data, drawn from over one billion in sales and over 100 online retail sites, reveals:

1) Based on growth trends revealed from an analysis of all client site traffic over the past 6 years, ShopVisible projects that the trend shall continue, with order volumes increasing 8%-10% for most online retailers.

2) The company also found that substantial increases in holiday shopping activity began in September—earlier even than previous years, which was often cited as Halloween.

CNN recently posted a story discussing retail expectations of a 4% holiday spike, according to the National Retail Federation.

“We work with online retailers of all kinds, like Loehmann’s, Tempur-Pedic, MovieMars, and London Fog, —many of which do a significant portion of their sales in Q4. Our data shows trending patterns in when people are shopping, and also how early, and how much they are buying and spending. A healthy percentage of the growth can also be attributed to increased traffic from mobile devices such as tablets and smartphones and the attribution of impact that traffic is having resulting in increased website sales,” commented Sean Cook, CEO, ShopVisible.

About ShopVisible

2012 recipient of the SIIA CODiE award for Best Electronic Commerce solution and the American Business Bronze Award for Most Innovative Technology Company, ShopVisible helps brands to attract and retain the new connected customer, whether they're shopping online, offline, on their mobile device, or through their favorite social networking site. The ShopVisible commerce platform is extensible in a way that enables online retailers to run all aspects of their business in one place, from order management to returns. The result is innovation and agility for the leading online businesses of today—and tomorrow. Our on-demand SaaS commerce platform provides the innovation and adaptive structure to help companies and their communities thrive everywhere. ShopVisible is the chosen partner for companies like London Fog, Plow& Hearth, Office Depot Canada, and MovieMars. Learn more at www.ShopVisible.com.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

CloudEXPO Stories
Public clouds dominate IT conversations but the next phase of cloud evolutions are "multi" hybrid cloud environments. The winners in the cloud services industry will be those organizations that understand how to leverage these technologies as complete service solutions for specific customer verticals. In turn, both business and IT actors throughout the enterprise will need to increase their engagement with multi-cloud deployments today while planning a technology strategy that will constitute a significant part of their IT budgets in the very near future. As IoT solutions are growing rapidly, as well as security challenges growing exponentially, without a doubt, the cloud world is about to change for the better. Again.
Isomorphic Software is the global leader in high-end, web-based business applications. We develop, market, and support the SmartClient & Smart GWT HTML5/Ajax platform, combining the productivity and performance of traditional desktop software with the simplicity and reach of the open web. With staff in 10 timezones, Isomorphic provides a global network of services related to our technology, with offerings ranging from turnkey application development to SLA-backed enterprise support. Leading global enterprises use Isomorphic technology to reduce costs and improve productivity, developing & deploying sophisticated business applications with unprecedented ease and simplicity.
On-premise or off, you have powerful tools available to maximize the value of your infrastructure and you demand more visibility and operational control. Fortunately, data center management tools keep a vigil on memory contestation, power, thermal consumption, server health, and utilization, allowing better control no matter your cloud's shape. In this session, learn how Intel software tools enable real-time monitoring and precise management to lower operational costs and optimize infrastructure for today even as you're forecasting for tomorrow.
Every organization is facing their own Digital Transformation as they attempt to stay ahead of the competition, or worse, just keep up. Each new opportunity, whether embracing machine learning, IoT, or a cloud migration, seems to bring new development, deployment, and management models. The results are more diverse and federated computing models than any time in our history.
Andrew Keys is co-founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life settlement products to hedge funds and investment banks. After, he co-founded a revenue cycle management company where he learned about Bitcoin and eventually Ethereum.