Social Media Shoppers

Social Media Shoppers

People are using social media more and more now to actually make purchases.  This holiday season for instance, Christmas shoppers will be prompted via social networks to make a lot of their last minute or impulse buys, and it’s going to be very successful for retailers — at least according to data on this excellent infographic by Mr Youth.  People who are heavily into their social networks spend more money per capita on Cyber Monday, and they continue to spend almost to the last minute of the holiday 2-day shipping period.  Why...

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Email Still Relevant?

Email Still Relevant?

Now that we’ve come to a crossroads of brief outbursts of communication (Twitter’s 140 characters or less, and brief Facebook status updates) and the blog, has email lost its ability to hold our attention?  Is email even relevant anymore?  If so, who is using it?  It’s certainly not the young people of the world, who practically live on Facebook, or choose to text more than they read longer communications.  Email is still a preferred method of communication within businesses, and is considered more formal than briefer...

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Netflix Takes a Dive

Netflix Takes a Dive

It’s really no mystery that millions of Netflix customers, outraged by the too-hastily announced hikes in the cost of its plans.  Now, it has gone even further to upset its long standing fan base by not just upping the rates on plans, but doing away entirely with both it’s “hybrid” service (that let you rent DVDs and stream unlimited content,) choosing instead to split the company in two:  Netflix will now offer streaming-only services, and their new spin-off Qwikster will be handling DVD through the mail rentals...

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Groupon Expands Horizons

Groupon Expands Horizons

In a formidable business move, social couponing site Groupon is poised to enter a new market:  the supermarket!  That’s right, Groupon is now rubbing elbows big wigs at the top of the business food chain, by delving into organized food.  Groupon’s new product is scheduled to be launched on Tuesday in Springfield, and if there’s success, there are other top name grocers ready to adopt their style.  At press time, those grocers remained unnamed due to confidentiality and disclosure agreements.  For now, they are watching...

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Market Watch: Apple, Inc.

Market Watch: Apple, Inc.

The Wall Street Journal reported Tuesday that lithium-ion batteries – the power source for Apple’s super-popular iPod devices, are in dangerously short supply.  The chemicals maker to whom the holdup was tracked, Kureha Corp, controls 70% of the global market for a special polymer used to manufacture the batteries.  Unfortunately, Kureha Corp’s Iwaki factory was shut down after the earthquake struck nearby on March 11.  Iwaki, located in the Fukushima Prefecture along the southern coastal region of Japan, was near the quake’s...

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