JET adds My Faves button – a simple version of a wishlist

JET.com just added My Faves button (a small heart icon next to the Add to Cart button), which allows buyers to save products and purchase them later. It is a simple version of a wishlist, currently you cannot create different lists, just keep one long collection of products.

JET introduces reviews

This month JET added reviews to their website, something the GeekSeller team has been hoping to see for a long time. This enables Jet buyers to leave reviews on products. This is an important feature, as most shoppers make buying decisions based on reviews. Below are a few highlights about JET’s review system: Buyers will…

Amazon and Wal-Mart Make News with big Announcements in January 2017

Amazon Plans to Hire 100,000 full-time employees On Thursday January 12, 2017 Amazon made a big announcement: It plans to hire 100,000 more full-time employees over an 18-month period. Amazon is building new fulfillment centers in California, Florida, and Texas, and will likely add many of these jobs to the new fulfillment centers. Amazon has…

JET goes with a digital strategy for the 2016 Holidays, while Amazon increases TV ads

According to this Mashable article, JET has been marketing in a different manner during the 2016 holiday shopping season. JET has switched their marketing campaign from TV commercials to digital media. This big change took place almost immediately after being purchased by Wal-Mart in August 2016. To give a perspective on JET’s increase in online…

To Compete with Amazon in e-commerce, Wal-Mart Buys Jet.com

CNN Money reports on August 08, 2016, Wal-Mart agrees to buy Jet.com for $3B in cash. They also agreed to give $300M in Wal-Mart stock over time. This is a small price to pay, when Amazon earns more than $100B annually. The CEO of Wal-Mart, Doug McMillon, believes this acquisition will help Wal-Mart build their e-commerce business quicker, while helping Jet.com to grow faster will Wal-Mart’s financial backing. Wal-Mart hope to attract younger online shoppers with Jet.com.

Jet.com is testing grocery delivery service

Jet.com just added a new category of products called “fresh food,” listing there products, including: fresh produce, dairy and eggs, bakery, meat and seafood, beverages, and deli. In this pilot testing, the service is available in 875 zip codes covering: New York, New Jersey, Connecticut, Pennsylvania, and Washington, DC.

Highlights of JET.com Performance as of April 2016

JET Growth Since its launch in July 2015, JET has experienced growth, thanks to advertising and media coverage. Since September 2015, sales have increased by 28% each month through February 2016, and they experience a predicted slowdown of sales when the holidays ended. In addition, JET acquired Hayneedle.com, which is a home décor merchant. Source:…