eBay Inc. Reports Strong Third Quarter
eBay surpassed analyst expectations and reported earnings of $2.25 billion and ended with 40 cents per share, as reported on October 20th. [via eBay]
ProStores Introduces Search Advertising Tool
ProStores, an eBay supported e-commerce service, has introduced a search advertising tool to help small retailers build an online presence across search sites such as Google, Yahoo, Bing and Facebok. The tool provided by Clickable, will provide merchants with the ability to track sales from online ads across all major networks. [via MediaPost]
Online Retailers Predicting Strong Holiday Sales This Year
A new study shows that nearly 63% of retailers are expecting their online sales to grow by 15% or more this year, up from only 48% last year. To aid sales, many retailers are offering free shipping and are investing in online advertising. [via Benzinga]
Further News
+ A recent finding shows that 74% of people say they feel pressure to respond to emails within a day, while only 52% feel the same about Facebook postings. On Twitter, only 26% of respondents say they feel pressure to respond to personal tweets.
+ Retailers do not believe online shopping is killing traditional retail, instead retailers are happy to provide options to their customers.
+ Analysts predict e-commerce will total 7.2% of Chinese retail by 2012, currently e-commerce makes up 2% of the market.
