DecisionStep

Posts Tagged ‘shoptogether crowd’

Friday, April 2nd, 2010

Forrester Report Prioritizes Social Commerce Investments for Retailers

E-Commerce solutions provider ATG has posted a report from Sucharita Mulpuru at Forrester, which takes a  look at the state of social commerce technologies and helps retailers prioritize investments.

DecisionStep’s ShopTogether application is included as an example in the co-browsing/co-shopping category. Forrester finds that 35 percent of retailers are looking to add this functionality in 2010, and calls it out as “… extremely valuable because it can reduce abandonment by confused or frustrated shoppers,” and  that “…applications of this tool to high-value verticals such as appliances or auto could be promising.” Also, “If executed well, this has the ability to drive increased conversion and reduced cart abandonment.” (more…)

Friday, September 4th, 2009

Two New Studies Point to ShopTogether

Two studies were released this week that caught our eye, as they touch on social shopping technologies like ShopTogether.

A benchmarking study put out by Omniture indicated that “a majority of e-retailers and other online businesses are failing to take advantage of analytics technology to optimize web site content to better convert shoppers to buyers.” (more…)

Monday, June 29th, 2009

Harnessing the Intelligence of the Crowd to Boost Competitiveness

I watched an interesting Webinar last Thursday put on by internet thought leaders Tim O’Reilly and John Battelle in advance of their Web 2.0 Summit coming up in October.

During the Webinar, the two discussed the content of their fantastic white paper, “Web Squared: Web 2.0 Five Years On,” a main focus of which was the rise of real-time data and how companies must begin to harness it to be competitive. (more…)