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.
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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 […]
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Wal-Mart’s CEO of e-Commerce, Marc Lore has shared changes to their version of Amazon Prime, called “ShippingPass.” This was Wal-Mart’s attempt to offer a competitive 2-day shipping service, at almost half of the annual membership cost ($50). However, they are stopping the official ShippingPass service, but it’s not quite what you think. Instead of charging […]
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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 […]
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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 […]
Continue readingThe Wall Street Journal reported in this article that Amazon is developing their brick-and-mortar business around the U.S. and the world, after becoming the top online e-commerce business in the world. Wal-Mart – on the other hand – has done just the opposite. Wal-Mart has developed the largest and most successful brick-and-mortar business with their […]
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As reported in this CNBC article, Wal-Mart is planning for more big investments into its e-commerce side of business. As Wal-Mart plans for the next several years, they have made public its plans to slow down in opening new brick-and-mortar stores, while it plans to invest in its e-commerce business. In recent news, you may […]
Continue readingJET.com is thinking “outside of the box” to attract new merchants and customers to its website. Retailer apps (like JET) are able to display products and advertisements inside of Ibotta. If the consumer makes a purchase, or signs up as a merchant, Ibotta will give the customer cash back. The Ibotta app has grown quite […]
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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 […]
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