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    <title>Exciting Commerce // Unlimited</title>
    
    <link rel="alternate" type="text/html" href="http://www.excitingcommerce.com/" />
    <id>tag:typepad.com,2003:weblog-1584702</id>
    <updated>2009-07-18T18:06:16+02:00</updated>
    <subtitle>The Exciting Future of E-Commerce</subtitle>
    <generator uri="http://www.typepad.com/">TypePad</generator>
    <link rel="self" href="http://feeds.feedburner.com/excom" type="application/atom+xml" /><entry>
        <title>Oxid Commons: Oxid Opens Itself Up For New Markets</title>
        <link rel="alternate" type="text/html" href="http://feedproxy.google.com/~r/excom/~3/gHDZ-KZ1dsg/oxid-commons-oxid-opens-itself-up-for-new-markets.html" />
        <link rel="replies" type="text/html" href="http://www.excitingcommerce.com/2009/07/oxid-commons-oxid-opens-itself-up-for-new-markets.html" thr:count="0" />
        <id>tag:typepad.com,2003:post-6a00d83451bda369e201157215b34b970b</id>
        <published>2009-07-18T18:06:16+02:00</published>
        <updated>2009-07-18T18:06:16+02:00</updated>
        <summary>At last week’s Oxid Commons community day in Freiburg Germany, Oxid once again made perfectly obvious that they count amongst the best innovation drivers of international e-commerce. In particular Oxid top man Roland Fesenmayr presented in his opening statements strong...</summary>
        <author>
            <name>Jason Soo</name>
        </author>
        
        
<content type="xhtml" xml:lang="de-DE" xml:base="http://www.excitingcommerce.com/"><div xmlns="http://www.w3.org/1999/xhtml"><p>At last week’s <a href="http://www.oxid-esales.com/de/news/oxid-commons">Oxid Commons community day</a> in Freiburg Germany, Oxid once again made perfectly obvious that they count amongst the best innovation drivers of international e-commerce.</p><p>In particular Oxid top man Roland Fesenmayr presented in his opening statements strong and visionary perspectives - which made patently obvious that finally there is a software provider who wants to break free from the rusty old structures of e-commerce and aim for a software solution which is open for new markets. [Roland Fesenmayr's presentation <a href="http://www.zaplive.tv/web/oxid?streamId=oxid/f8cff282-92c1-471b-8895-2335d9340d00&amp;start=1979">in German</a>]</p><p>Speaking on an “operating system for trade” and the “widgetization” of shop software, he touched on a way of thinking still completely foreign to e-commerce: The modularisation of e-commerce into the atomic parts.</p><p>From the Exciting Commerce point of view, Oxid is currently by wide margin the leading e-commerce system in terms of strategic and future-proof orientation.</p><p>It’s personally fascinating to see that Roland Fesenmayr, who needed in the last 3 years to be fairly tentative with the preparation and implemention of this strategy change, can now blossom in his current role: as visionary and designer of new markets.</p><p>Merchants, developers and consultants familiar with how e-commerce works today and who believe they’ve already reached the Holy Grail should stay well away from Oxid. But all others, and especially those interested in the evolution of the Web, should not hesitate any longer from checking out Oxid’s groundbreaking work and in the best case also bring new ideas to actively participate in shaping the system of the future.</p><p>One can tell that Version 4 still takes great care to defer to the needs of the current merchant business (and rightly so). With Version 5, Oxid takes on a new route and for the first time demonstrates what a shopping system of the future can look like. In the first step, the front end will be completely re-worked.</p><p>What online businesses can’t see yet (due to lack of alternatives): One of the biggest revenue and margin limiters of e-commerce are inadequate shopping systems which require maximum marketing effort and produces minimal results. So it is good to see that there are finally some alternatives on the horizon. And you can bet that in the long run Oxid won’t be alone in this market.</p><p><span style="font-style: italic;" /><em>Originally posted <a href="http://www.excitingcommerce.de/2009/07/oxid-commons-offen-f%C3%BCr-neue-m%C3%A4rkte.html" target="_blank">in German</a> by Jochen Krisch, adapted for excitingcommerce.com by Jason Soo.</em></p><xhtml:img xmlns:xhtml="http://www.w3.org/1999/xhtml" src="http://feeds.feedburner.com/~r/excom/~4/gHDZ-KZ1dsg" height="1" width="1" /></div></content>


    <feedburner:origLink>http://www.excitingcommerce.com/2009/07/oxid-commons-oxid-opens-itself-up-for-new-markets.html</feedburner:origLink></entry>
    <entry>
        <title>5 Years of Woot! - A Business Model Takes Over The World</title>
        <link rel="alternate" type="text/html" href="http://feedproxy.google.com/~r/excom/~3/qk4NC0dyHXA/5-years-of-woot-a-business-model-takes-over-the-world.html" />
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        <id>tag:typepad.com,2003:post-6a00d83451bda369e20115720d0aa1970b</id>
        <published>2009-07-16T17:05:00+02:00</published>
        <updated>2009-07-16T16:53:52+02:00</updated>
        <summary>“Thanks for five years of wooting, wooters!” - Woot!, the mother of all live shopping sites celebrated its 5 year anniversary a few days ago with it’s now traditional Bag o’ Crap surprise. On the 12th of July 2004, Woot!...</summary>
        <author>
            <name>Jason Soo</name>
        </author>
        
        
<content type="xhtml" xml:lang="de-DE" xml:base="http://www.excitingcommerce.com/"><div xmlns="http://www.w3.org/1999/xhtml"><p>“Thanks for five years of wooting, wooters!” - <a href="http://www.woot.com/">Woot!</a>, the mother of all live shopping sites celebrated its 5 year anniversary a few days ago with it’s now traditional <a href="http://www.woot.com/Blog/ViewEntry.aspx?Id=8694">Bag o’ Crap surprise</a>.</p><p>On the 12th of July 2004, Woot! launched its first sales event. Nowadays it runs four websites and glows with a <a href="http://www.excitingcommerce.com/2008/08/woot-gives-star.html">new look</a> since the beginning of the year.</p><div class="blockquote" style="margin-left: 40px;"><a href="http://ecommerce.typepad.com/.a/6a00d83451bda369e20115720d0a88970b-pi" style="display: inline;"><img alt="Woot5year" border="0" class="at-xid-6a00d83451bda369e20115720d0a88970b " src="http://ecommerce.typepad.com/.a/6a00d83451bda369e20115720d0a88970b-800wi" title="Woot5year" /></a></div><p> </p><p>In the last year, Woot! <a href="http://www.excitingcommerce.com/2008/09/woot-founder-ma.html">revealed for the first time</a> their revenue numbers - which <a href="http://www.internetretailer.com/dailyNews.asp?id=28649">raised</a> their official 2007 revenues of $117.4 million to an unofficial level of $130 in 2008.</p><p>Already for a while now, Woot! counts amongst the 150 strongest online merchants in the USA in terms of revenue. They also found themselves finally this year in the <a href="http://www.internetretailer.com/top500/list.asp">Internetretailer Top 500</a>.</p><p>From the <a href="http://dodtracker.com/oneaday/">USA</a> to <a href="http://fiyatgoster.com/">Turkey</a>, there are nowadays innumerable live shopping sites. Even eBay has been <a href="http://deals.ebay.com/deals">trying out the concept</a> for some months now.</p><p>Congratulations to the Woot! team for their pioneering work and the 5 brilliant years!</p><p>Related posts:</p><ul>
<li><a href="http://www.excitingcommerce.com/2009/01/youll-be-a-step.html">Woot! 2008 - The Year in Review</a></li>
<li><a href="http://www.excitingcommerce.com/2008/09/woot-founder-ma.html">Woot! Founder Matt Rutledge Reveals His Secret To Success</a></li>
<li><a href="http://www.excitingcommerce.com/2008/08/woot-gives-star.html">Woot! Gives Homepage(s) A Fresh Makeover</a></li>
</ul>
<p><em>Originally posted <a href="http://www.excitingcommerce.de/2009/07/5-jahre-woot.html">in German</a> by Jochen Krisch, adapted for excitingcommerce.com by Jason Soo.</em></p><xhtml:img xmlns:xhtml="http://www.w3.org/1999/xhtml" src="http://feeds.feedburner.com/~r/excom/~4/qk4NC0dyHXA" height="1" width="1" /></div></content>


    <feedburner:origLink>http://www.excitingcommerce.com/2009/07/5-years-of-woot-a-business-model-takes-over-the-world.html</feedburner:origLink></entry>
    <entry>
        <title>The Turkish E-commerce Market (2) - Guest Post</title>
        <link rel="alternate" type="text/html" href="http://feedproxy.google.com/~r/excom/~3/2mryxK6lfiQ/the-turkish-ecommerce-market-2-guest-post.html" />
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        <id>tag:typepad.com,2003:post-6a00d83451bda369e2011570f1d0bf970c</id>
        <published>2009-07-10T17:30:14+02:00</published>
        <updated>2009-07-10T17:30:14+02:00</updated>
        <summary>Exciting Commerce has always enjoyed looking beyond our borders. We’ve reported very early on the exciting French e-commerce market which has in recent times via Vente-Privée &amp; Co. exerted significant influence on international e-commerce developments. We could trust the Turkish...</summary>
        <author>
            <name>Jason Soo</name>
        </author>
        
        
<content type="xhtml" xml:lang="de-DE" xml:base="http://www.excitingcommerce.com/"><div xmlns="http://www.w3.org/1999/xhtml"><p><em>Exciting Commerce has always enjoyed looking beyond our borders. We’ve reported very early on the exciting French e-commerce market which has in recent times via Vente-Privée &amp; Co. exerted significant influence on international e-commerce developments.<br /><br />We could trust the Turkish market to be similar, since the population there is extremely young and open-minded. We are therefore very happy get an insider look into the Turkish online market from <a href="https://www.xing.com/profile/Sina_Afra">Sina Afra</a>, Managing Director from eBay Turkey / GittiGidiyor.</em></p><p><em>In the <a href="http://www.excitingcommerce.com/2009/07/the-turkish-ecommerce-market-1-guest-post.html">first part</a> of his two-part guest blog post he described the rapid progression occuring now in Turkey. In part two today, he goes into Turkish online behaviour and points out where there is still room to grow in the Turkish e-commerce world.</em><br /><strong><br />The online behaviour of the Turkish people</strong></p><p>The significant difference in behaviour between Turkish e-commerce users as compared to American or German users lie in three areas:</p><ul>
<li><em>Firstly, the age demographic of the Turkish internet user</em>. Most of them are under 30 years old and have no embedded habits. So start-ups who offer advantages in product selection, price or shipping conditions can very quickly build up a head start over established players in the market.</li>
<li><em>Secondly, the high credit card penetration rate</em>, which is even higher than in Germany. With this mechanism, online purchases are directly “settled” and the processes run very quickly. At eBay Turkey the time lag from the last offer for an article until the buyer receives the article is only 3 days. And that is even considering an escrow system, over which all eBay Turkey transactions go through.</li>
<li><em>Thirdly is the openness for online business</em>, which is at a completely different level as in the established markets. Although trust is always an important topic, the candidness of the mostly young internet and e-commerce population leads them to act differently and as well often very quickly. One could categorically say that Turkey is a high-speed market which is best comparable to Korea.</li>
</ul>
<p>There is in e-commerce some few Turkish further developments from known models. An often used example is the <a href="http://pazartesisendromu.com/">Pazartesi Sendromu</a> ("Monday Syndrome"), a kind of woot.com copy which has built up its own identity via small but intelligent add-ons and adaptations.  </p><div class="blockquote" style="margin-left: 40px;"><a href="http://pazartesisendromu.com/" style="display: inline;"><img alt="_mondaysyndrome" border="0" class="at-xid-6a00d83451bda369e2011570f688fd970c " src="http://ecommerce.typepad.com/.a/6a00d83451bda369e2011570f688fd970c-800wi" title="_mondaysyndrome" /></a><br /></div><p> <strong>Opportunities and future outlook in the Turkish e-commerce market</strong></p><p>In the future we are going to see primarily adaptations from e-commerce models which are also well known in the big countries. And due to the white spots in the Turkish internet landscape, there are e-commerce segments with enormous potential.</p><p>Examples for such white areas are online pharmacies, online payments (such as Paypal), online services (eg. tradesman search), but also in niches of established segments. One example is the career and employment industry. In that segment there are established enterprises, but no company has yet to deal with the topic of temp work.</p><p>It looks similar in the online advertising field - the majority of market participants are classical marketers. New technologies such as Behavioural Targeting aren’t there yet, but will certainly make an entrance soon into the Turkish market.</p><p>Turkey resembles the German e-commerce market from 2005 - but with a big difference. The movement forward and the catching up to other countries is taking place with breathtaking speed and progress.</p><p><em>More insights to the Turkish emerging market can be found in the <a href="http://www.excitingcommerce.com/2009/07/the-turkish-ecommerce-market-1-guest-post.html">first part of this guest blog</a> as well as in the <a href="http://www.excitingcommerce.com/2009/06/emerging-markets-the-best-turkish-links-for-nonturkish.html">link tips</a>.<br /></em></p><p><em>We would be pleased to entertain further guest blogs on this topic. Tips per <a href="mailto:turkey@excitingcommerce.com">email</a> are welcome.</em></p><p>Related posts:</p><ul>
<li><a href="http://www.excitingcommerce.com/2009/07/the-turkish-ecommerce-market-1-guest-post.html">The Turkish E-commerce Market (1) - Guest Post</a></li>
<li><a href="http://www.excitingcommerce.com/2009/06/emerging-markets-the-best-turkish-links-for-nonturkish.html">Emerging Markets: The Best Turkish Links for the Non-Turkish</a></li>
<li><a href="http://www.excitingcommerce.com/2009/06/emerging-markets-turkey-firing-on-all-cylinders.html">Emerging Markets: Turkey Firing On All Cylinders</a></li>
<li><a href="http://www.excitingcommerce.com/2008/06/monday-syndrome.html">Monday Syndrome Spurs on Live Shopping in Turkey</a></li>
</ul>
<p><em>Originally posted <a href="http://www.excitingcommerce.de/2009/07/der-t%C3%BCrkische-ecommercemarkt-2-gastbeitrag.html">in German</a> by Sina Afra and Jochen Krisch, adapted for excitingcommerce.com by Jason Soo.</em></p><xhtml:img xmlns:xhtml="http://www.w3.org/1999/xhtml" src="http://feeds.feedburner.com/~r/excom/~4/2mryxK6lfiQ" height="1" width="1" /></div></content>


    <feedburner:origLink>http://www.excitingcommerce.com/2009/07/the-turkish-ecommerce-market-2-guest-post.html</feedburner:origLink></entry>
    <entry>
        <title>The Turkish E-commerce Market (1) - Guest Post</title>
        <link rel="alternate" type="text/html" href="http://feedproxy.google.com/~r/excom/~3/pLypBBUqwcY/the-turkish-ecommerce-market-1-guest-post.html" />
        <link rel="replies" type="text/html" href="http://www.excitingcommerce.com/2009/07/the-turkish-ecommerce-market-1-guest-post.html" thr:count="1" thr:updated="2009-07-12T15:38:22+02:00" />
        <id>tag:typepad.com,2003:post-6a00d83451bda369e2011571db679c970b</id>
        <published>2009-07-08T19:32:33+02:00</published>
        <updated>2009-07-08T19:33:36+02:00</updated>
        <summary>“Turkey resembles the German e-commerce market from 2005 - but with one big difference: The growth is moving with breathtaking speed.” - So writes Sina Afra, Managing Director of eBay Turkey / GittiGidiyor, in a two part guest article for...</summary>
        <author>
            <name>Jason Soo</name>
        </author>
        
        
<content type="xhtml" xml:lang="de-DE" xml:base="http://www.excitingcommerce.com/"><div xmlns="http://www.w3.org/1999/xhtml"><p><em>“Turkey resembles the German e-commerce market from 2005 - but with one big difference: The growth is moving with breathtaking speed.” - So writes <a href="https://www.xing.com/profile/Sina_Afra">Sina Afra</a>, Managing Director of eBay Turkey / GittiGidiyor, in a two part guest article for Exciting Commerce.<br /><br />Part one today describes the rapid development in Turkey, the second part highlights the future of e-commerce.<br /></em><br /><strong>Turkey on the verge to become one of the most important internet nations</strong></p><p>Turkey is one of the big “internet countries”, which although being set back by its own crisis at the turn of the century, is now catching up with a vengence. Today Turkey has population of approx. 72 million, of which 70% are younger than 30. Currently there are about 30 million Turkish people online and the growth trend is strong.</p><p>When Turkey reaches the European average (projected for 2011), there will be approx. 42 million Turkish people online. With that, Turkey would move from currently the 12th largest online country to within the top 10 worldwide.</p><p>This trend has origins from 2006. Based on the then barely 8-10 million online users, each year saw a large jump. In 2009 the number of users hit the 30 million mark.</p>

<p><img border="0" height="0" src="http://counters.gigya.com/wildfire/IMP/CXNID=2000002.0NXC/bT*xJmx*PTEyNDcwNzM1NDYxMjAmcHQ9MTI*NzA3MzYwOTg2NyZwPTEwMTkxJmQ9c3NfZW1iZWQmZz*yJnQ9Jm89M2YwYjY2NjI2YjRiNDlkNzk1ZjRjMTE2NjQxMTI5ODUmb2Y9MA==.gif" style="visibility: hidden; width: 0px; height: 0px;" width="0" /></p><div id="__ss_1590935" style="width: 425px; text-align: left;"><a href="http://www.slideshare.net/excitingcommerce/turkey-internet-sector-june-2009-short" style="margin: 12px 0pt 3px; font-family: Helvetica,Arial,Sans-serif; font-style: normal; font-variant: normal; font-weight: normal; font-size: 14px; line-height: normal; font-size-adjust: none; font-stretch: normal; display: block; text-decoration: underline;" title="Turkey Internet Sector June 2009 Short">Turkey Internet Sector June 2009 Short</a><object height="355" style="margin: 0px;" width="425"><param name="movie" value="http://static.slidesharecdn.com/swf/ssplayer2.swf?doc=turkeyinternetsectorjune2009short-090616064733-phpapp02&amp;stripped_title=turkey-internet-sector-june-2009-short" /><param name="allowFullScreen" value="true" /><param name="allowScriptAccess" value="always" /><embed allowfullscreen="true" allowscriptaccess="always" height="355" src="http://static.slidesharecdn.com/swf/ssplayer2.swf?doc=turkeyinternetsectorjune2009short-090616064733-phpapp02&amp;stripped_title=turkey-internet-sector-june-2009-short" type="application/x-shockwave-flash" width="425" /></object><a class="ikvpctltrhuyxthmygnj visible ontop" href="http://static.slidesharecdn.com/swf/ssplayer2.swf?doc=turkeyinternetsectorjune2009short-090616064733-phpapp02&amp;stripped_title=turkey-internet-sector-june-2009-short" style="left: 425px ! important; top: -358.717px ! important;" title="Block this object with Adblock Plus" /><a class="ikvpctltrhuyxthmygnj visible ontop" href="http://static.slidesharecdn.com/swf/ssplayer2.swf?doc=turkeyinternetsectorjune2009short-090616064733-phpapp02&amp;stripped_title=turkey-internet-sector-june-2009-short" style="left: 425px ! important; top: -358.717px ! important;" title="Block this object with Adblock Plus" /><div style="font-size: 11px; font-family: tahoma,arial; height: 26px; padding-top: 2px;">View more <a href="http://www.slideshare.net/" style="text-decoration: underline;">documents</a> from <a href="http://www.slideshare.net/excitingcommerce" style="text-decoration: underline;">excitingcommerce</a>.</div></div>


<p><br />With the rapid development in Turkey and the attainment of the magic internet penetration level of 25%, the large internet corporations made decisions for an entry into the Turkish market: Google opened their Turkish office in 2006, eBay invested in local hero <a href="http://www.gittigidiyor.com/">GittiGidiyor</a>, Yahoo started offering Turkish services in 2006, Ticketmaster acquired <a href="http://www.biletix.com/index.htm">Biletix</a>, and in 2008 XING entered the market by buying <a href="http://www.cember.net/">Cember.net</a>.</p><p>Foreign business angels, primarily from the nearby German speaking countries started in 2007 and 2008 to invest in new business concepts in Turkey. The majority of these investments focussed on Turkish e-commerce.</p><p><strong>The Turkish e-commerce market</strong></p><p>In the Turkish e-commerce realm, approx. 9 million active users have spent in 2008 around 9 billion Turkish Lira (about 5.8 billion US dollars). Due to the lack of alternatives, credit cards, which enjoy a high level of penetration, are the Number 1 payment medium.</p><div class="blockquote" style="margin-left: 40px;"><a href="http://www.hepsiburada.com/" style="display: inline;"><img alt="_garanti" border="0" class="at-xid-6a00d83451bda369e2011571db5385970b " src="http://ecommerce.typepad.com/.a/6a00d83451bda369e2011571db5385970b-800wi" title="_garanti" /></a><br /></div> <p><br />The largely horizontal playing fields (eTailer, Marketplaces, and Classifieds) are dominated by <a href="http://www.hepsiburada.com/">Hepsiburada</a>, <a href="http://www.gittigidiyor.com/">eBay/GittiGidiyor</a> and <a href="http://www.sahibinden.com/">Sahibinden</a>. Amazon is currently not represented in Turkey. Furthermore, there are many vertical merchants/operators active in every market area.</p><p>The well built transport infrastructure and the tight competition in Turkey allows for very fast and relatively inexpensive product shipping (a standard package can be sent for 4.20 TL or $2.70).</p><p><em>In the second part of his guest post, Sina Afra explains the differences between Turkish, German and American online behaviour and which areas of the Turkish internet require some catching up.<br /></em><br />Related posts:</p><ul>
<li><a href="http://www.excitingcommerce.com/2009/06/emerging-markets-turkey-firing-on-all-cylinders.html">Emerging Markets: Turkey Firing On All Cylinders</a></li>
<li><a href="http://www.excitingcommerce.com/2009/06/emerging-markets-the-best-turkish-links-for-nonturkish.html">Emerging Markets: The Best Turkish Links for the Non-Turkish</a></li>
<li><a href="http://www.excitingcommerce.com/2008/06/monday-syndrome.html">Monday Syndrome Spurs on Live Shopping in Turkey</a></li>
</ul>
<p><em>Originally posted <a href="http://www.excitingcommerce.de/2009/07/der-t%C3%BCrkische-ecommercemarkt-gastbeitrag.html">in German</a> by Sina Afra and Jochen Krisch, adapted for excitingcommerce.com by Jason Soo.</em></p><xhtml:img xmlns:xhtml="http://www.w3.org/1999/xhtml" src="http://feeds.feedburner.com/~r/excom/~4/pLypBBUqwcY" height="1" width="1" /></div></content>


    <feedburner:origLink>http://www.excitingcommerce.com/2009/07/the-turkish-ecommerce-market-1-guest-post.html</feedburner:origLink></entry>
    <entry>
        <title>Shopping Systems with a Future: Product Clouds on the Horizon?</title>
        <link rel="alternate" type="text/html" href="http://feedproxy.google.com/~r/excom/~3/GxNFtL0X5GM/shopping-systems-with-a-future-product-clouds-on-the-horizon.html" />
        <link rel="replies" type="text/html" href="http://www.excitingcommerce.com/2009/07/shopping-systems-with-a-future-product-clouds-on-the-horizon.html" thr:count="1" thr:updated="2009-07-17T03:23:00+02:00" />
        <id>tag:typepad.com,2003:post-6a00d83451bda369e2011570dc2fef970c</id>
        <published>2009-07-07T08:47:01+02:00</published>
        <updated>2009-07-07T08:47:01+02:00</updated>
        <summary>Are product clouds the future of e-commerce? Ask the question like we have been a good year long on what the shopping systems of the future will look like. You’d generally first get a distracted look, “Huh? Shopping system of...</summary>
        <author>
            <name>Jason Soo</name>
        </author>
        
        
<content type="xhtml" xml:lang="de-DE" xml:base="http://www.excitingcommerce.com/"><div xmlns="http://www.w3.org/1999/xhtml"><p><strong>Are product clouds the future of e-commerce?</strong></p><p>Ask the question like we have been a good year long on what the shopping systems of the future will look like. You’d generally first get a distracted look,  “Huh? Shopping system of the future?” and then usually the answer “Well, obviously like today but improved.”</p><p>It seems as if we are so accustomed to our current systems that only a few seriously imagine that e-commerce systems could look completely different - and in all likelihood they will. The look and feel of e-commerce applications are already starting change shape.</p><div class="blockquote" style="margin-left: 40px;"><a href="http://www.polyvore.com/untitled/set?id=7989214" style="display: inline;"><img alt="_polyvoreimage" border="0" class="at-xid-6a00d83451bda369e2011571d0f592970b " src="http://ecommerce.typepad.com/.a/6a00d83451bda369e2011571d0f592970b-800wi" title="_polyvoreimage" /></a><br />Product collage from Polyvore<br /></div> <p><br /><strong>Very exciting from Exciting Commerce’s point of view is therefore the revolution in data management with respect to <a href="http://en.wikipedia.org/wiki/Cloud_computing">cloud computing</a></strong>. Simply put, the distributed running of web applications. In this arena there are several new developments in the works.</p><p>Because just as Google has stopped using commonplace (= relational) databases to administer their massive data inventory, Amazon has also built customized internet optimal database structures. Only so can Amazon allow millions of users to access their product universe and in addition the immeasurable number of rankings and personalized recommendations.</p><p><strong>Searching in the big list.<br /></strong></p><p>Both Amazon (since December 2007) and Google (since May 2008) have gone public with their database strategies. Those decisions allow us to clearly track the thought processes of these two leading database administrators (one for products and the other for information). Very relevant is the <a href="http://gigaom.com/2007/12/14/amazon-simple-db/">GigaOm article</a>, ("Amazon SimpleDB 101 &amp; Why It Matters")</p><div class="blockquote" style="margin-left: 40px;">"Tersely put, SimpleDB is hugely disruptive. It will take some time to evolve the new thinking patterns and new design disciplines that this technology forces us to consider."<br /><br /></div><div class="">The data isn’t catalogued anymore in the classical sense, rather stored in much simpler and easy to manage data structures.</div><div class="blockquote" style="margin-left: 40px;"><a href="http://www.etsy.com/connections.php" style="display: inline;"><img alt="_etsyimage" border="0" class="at-xid-6a00d83451bda369e2011570dc2dde970c " src="http://ecommerce.typepad.com/.a/6a00d83451bda369e2011570dc2dde970c-800wi" title="_etsyimage" /></a><br />Connections from Etsy<br /></div> <p><br />Google identifies <a href="http://labs.google.com/papers/bigtable.html">BigTable</a> as “A Distributed Storage System for Structured Data" (see <a href="http://en.wikipedia.org/wiki/BigTable">Wikipedia</a>) - and Amazon describes its <a href="http://aws.amazon.com/simpledb/">SimpleDB</a> as follows:</p><div class="blockquote" style="margin-left: 40px;">"A traditional, clustered relational database requires a sizable upfront capital outlay, is complex to design, and often requires a DBA to maintain and administer. <br /><br />Amazon SimpleDB is dramatically simpler, requiring no schema, automatically indexing your data and providing a simple API for storage and access. <br /><br />This approach eliminates the administrative burden of data modeling, index maintenance, and performance tuning. <br /><br />Developers gain access to this functionality within Amazon’s proven computing environment, are able to scale instantly, and pay only for what they use."<br /><br /></div><div class="">Its fascinating to see how the tabular model (and the associated directory and catalogue structures) is losing relevance in the database world. Data is simply packed in a big list as complex data objects and then with simple operations evaluated and filtered.</div><p>It is <a href="http://www.clouddataintegration.com/blog/?p=87">food for thought</a> for those who are accustomed to <a href="http://www.b-eye-network.com/view/10786">thinking in relational structures</a> and see this solution as <a href="http://googleappengine.blogspot.com/2009/02/back-to-future-for-data-storage.html">a step backwards</a> ("Back to the Future for Data Storage"). </p><div class="blockquote" style="margin-left: 40px;"><a href="http://www.stylight.de/Women/Tuerkis-clg9/v1/" style="display: inline;"><img alt="_stylightimage" border="0" class="at-xid-6a00d83451bda369e2011570dc30df970c " src="http://ecommerce.typepad.com/.a/6a00d83451bda369e2011570dc30df970c-800wi" title="_stylightimage" /></a><br />Product cloud of Stylight</div> <p>The technical developments are also fascinating because they mirror what we are seeing on content level. Structures are dissolving. Or as <a href="http://www.amazon.com/Everything-Miscellaneous-Power-Digital-Disorder/dp/0805088113/ref=sr_1_1?ie=UTF8&amp;s=books&amp;qid=1246947889&amp;sr=8-1">David Weinberger</a> so well in his last book points out (“Everything is Miscellaneous: The Power of the New Digital Disorder”).</p><p>The result for e-commerce is to slowly move away from thinking in already highly structured data sets, and to create or look for existing solutions which allow for a higher level of freedom and networkability.</p><p>Maybe instead of talking about product catalogues we should instead start speaking in terms of product universes or product clouds. As Weinberger might agree, <strong>maybe the bargain bin is the e-commerce model of the future</strong>. Let’s see what happens.</p><p><em>Originally posted <a href="http://www.excitingcommerce.de/2009/07/produktwolken-in-sicht.html">in German</a> by Jochen Krisch, adapted for excitingcommerce.com by Jason Soo.</em></p><xhtml:img xmlns:xhtml="http://www.w3.org/1999/xhtml" src="http://feeds.feedburner.com/~r/excom/~4/GxNFtL0X5GM" height="1" width="1" /></div></content>


    <feedburner:origLink>http://www.excitingcommerce.com/2009/07/shopping-systems-with-a-future-product-clouds-on-the-horizon.html</feedburner:origLink></entry>
    <entry>
        <title>The Shop Exchange: $40 Million for US Shopping Club Gilt Groupe</title>
        <link rel="alternate" type="text/html" href="http://feedproxy.google.com/~r/excom/~3/4CNSCzK30kg/the-shop-exchange-40-million-for-us-shopping-club-gilt-groupe.html" />
        <link rel="replies" type="text/html" href="http://www.excitingcommerce.com/2009/07/the-shop-exchange-40-million-for-us-shopping-club-gilt-groupe.html" thr:count="0" />
        <id>tag:typepad.com,2003:post-6a00d83451bda369e20115719ee809970b</id>
        <published>2009-07-02T09:00:38+02:00</published>
        <updated>2009-07-02T09:00:38+02:00</updated>
        <summary>Former Doubleclick founder Kevin Ryan has raised a record $40 million of growth capital for his shopping club Gilt Groupe (“Gilt Groupe Raising $40 Million At A Huge Valuation”): "Gilt Groupe, a New York-based private-sale ecommerce company, has signed a...</summary>
        <author>
            <name>Jason Soo</name>
        </author>
        
        
<content type="xhtml" xml:lang="de-DE" xml:base="http://www.excitingcommerce.com/"><div xmlns="http://www.w3.org/1999/xhtml"><p>Former Doubleclick founder Kevin Ryan has raised a record $40 million of growth capital for his shopping club <a href="http://gilt.com/">Gilt Groupe</a> (“<a href="http://www.businessinsider.com/henry-blodget-gilt-groupe-raising-40-million-at-a-huge-valuation-2009-7">Gilt Groupe Raising $40 Million At A Huge Valuation</a>”):</p><div class="blockquote" style="margin-left: 40px;">"Gilt Groupe, a New York-based private-sale ecommerce company, has signed a term sheet with General Atlantic and Matrix to raise about $40 million at about a $400 million valuation.<br /><br /><a href="http://www.gilt.com/" style="display: inline;"><img alt="_gilt" border="0" class="at-xid-6a00d83451bda369e2011570a9b956970c " src="http://ecommerce.typepad.com/.a/6a00d83451bda369e2011570a9b956970c-800wi" title="_gilt" /></a><br /><br />Gilt was founded two years ago. It should generate about $150 million of revenue this year and more than $500 million next year. So that explains why brand name VCs like Matrix and GA continue to throw money at the company."<br /></div> <p><br />Silicon Valley Insider, also belonging to the Ryan empire, <a href="http://www.businessinsider.com/henry-blodget-gilt-groupe-raising-40-million-at-a-huge-valuation-2009-7">reported further</a> that <a href="http://www.hautelook.com/">Hautelook</a> recently received $10 million of capital. In May, <a href="http://www.billiondollarbabes.com/">Billion Dollar Babes</a> raised <a href="http://www.excitingcommerce.com/2009/05/onestop-internet-nabs-13-million-for-billion-dollar-babes-club.html">$13 million</a>.</p><p>It has taken a long time for the US to discover France’s Vente-Privée. But in recent times, Americans in their own right seem to have caught the <a href="http://hauteconfessions.blogspot.com/2009/01/invitation-codes-haute-look-gilt-groupe.html">shopping club fever</a>. Other offerings include <a href="http://www.editorscloset.com/">Editor's Closet</a>, <a href="http://www.glamlist.com/">Glamlist</a>, <a href="http://www.ideeli.com/">Ideeli</a>, <a href="http://juxzy.com/">Juxzy</a>, <a href="http://www.ruelala.com/">Ruelala</a>, <a href="http://www.thetopsecret.com/">The Top Secret</a> and many others. In December we counted 14 shopping clubs in the US (GE/<a href="http://translate.google.com/translate?js=n&amp;prev=_t&amp;hl=en&amp;ie=UTF-8&amp;u=http%3A%2F%2Fwww.exclusified.de%2F2008%2F12%2Fus-analyse-14-s.html&amp;sl=de&amp;tl=en&amp;history_state0=">EN</a>), by now there are probably more.</p><p>Related posts:</p><ul>
<li><a href="http://www.excitingcommerce.com/2008/12/gilt-groupe-sho.html">Gilt Groupe Shopping Club Expects Sales of $25 Million</a></li>
<li><a href="http://www.excitingcommerce.com/2009/05/onestop-internet-nabs-13-million-for-billion-dollar-babes-club.html">Onestop Internet Nabs $13 Million for Billion Dollar Babes (Club)</a></li>
<li><a href="http://www.excitingcommerce.com/2008/04/ruelala-25-mill.html">RueLaLa: $25 Million for New Shopping Club</a></li>
</ul>
<p><em>Originally posted <a href="http://www.excitingcommerce.de/2009/07/gilt-groupe-holt-sich-40-mio-dollar.html">in German</a> by Jochen Krisch, adapted for excitingcommerce.com by Jason Soo.</em></p><xhtml:img xmlns:xhtml="http://www.w3.org/1999/xhtml" src="http://feeds.feedburner.com/~r/excom/~4/4CNSCzK30kg" height="1" width="1" /></div></content>


    <feedburner:origLink>http://www.excitingcommerce.com/2009/07/the-shop-exchange-40-million-for-us-shopping-club-gilt-groupe.html</feedburner:origLink></entry>
    <entry>
        <title>The Shop Exchange: Net-a-Porter Grows 48% to $134 Million</title>
        <link rel="alternate" type="text/html" href="http://feedproxy.google.com/~r/excom/~3/P1eSniFB4-k/the-shop-exchange-netaporter-grows-48-to-134-million.html" />
        <link rel="replies" type="text/html" href="http://www.excitingcommerce.com/2009/07/the-shop-exchange-netaporter-grows-48-to-134-million.html" thr:count="0" />
        <id>tag:typepad.com,2003:post-6a00d83451bda369e2011570a1cb8b970c</id>
        <published>2009-07-01T09:13:03+02:00</published>
        <updated>2009-07-01T09:13:03+02:00</updated>
        <summary>The British luxury online fashion merchant Net-a-Porter has raised their revenues in 2008 to the level of 81.5 million pounds ($134 million). "The strength of online shopping for those that can get the business model right has been underlined by...</summary>
        <author>
            <name>Jason Soo</name>
        </author>
        
        
<content type="xhtml" xml:lang="de-DE" xml:base="http://www.excitingcommerce.com/"><div xmlns="http://www.w3.org/1999/xhtml"><p>The British luxury online fashion merchant <a href="http://www.net-a-porter.com/">Net-a-Porter</a> has <a href="http://www.ft.com/cms/s/0/27c5e18a-550d-11de-b5d4-00144feabdc0.html">raised their revenues</a> in 2008 to the level of 81.5 million pounds ($134 million).</p><div class="blockquote" style="margin-left: 40px;">"The strength of online shopping for those that can get the business model right has been underlined by Net-a-Porter, the web-only luxury fashion retailer, which more than trebled pre-tax profits last year.<br /><br /><a href="http://www.net-a-porter.com/" style="display: inline;"><img alt="Net-a-porter1" border="0" class="at-xid-6a00d83451bda369e2011570a1c465970c " src="http://ecommerce.typepad.com/.a/6a00d83451bda369e2011570a1c465970c-800wi" title="Net-a-porter1" /></a><br /><br />According to accounts filed with Companies House, the privately held London-based business increased sales by 47.8 per cent to £81.5m in the 12 months to January 31.<br /><br />While high street rivals were battered by recession, Net-a-Porter increased its pre-tax profits from £3m to £10.1m during the period.<br /><br />Growth has continued into 2009 with trading for the first 13 weeks of the year up 45.3 per cent over the same period in 2008, according to Mark Sebba, chief executive."<br /></div> <p>Net-a-porter has very recently launched their spinoff <a href="http://www.theoutnet.com/">TheOutnet.com</a>:</p><div class="blockquote" style="margin-left: 40px;"><a href="http://www.theoutnet.com/" style="display: inline;"><img alt="Net-a-porter2" border="0" class="at-xid-6a00d83451bda369e2011570a1c70e970c " src="http://ecommerce.typepad.com/.a/6a00d83451bda369e2011570a1c70e970c-800wi" title="Net-a-porter2" /></a><br /></div> <p><br />To compare: <a href="http://www.asos.com/">ASOS</a> has pulled further ahead of Net-a-porter in England and has <a href="http://www.asosplc.com/Press_Centre/Latest_RNS_News/RnsNews.aspx?id=107&amp;rid=2143411">doubled their revenues</a> in the last fiscal year 2008/09 from 81 million pounds to 165 million pounds ($271 million).</p><p><em>Originally posted <a href="http://www.excitingcommerce.de/2009/06/shopb%C3%B6rse-netaporter-verdoppelt-umsatz-auf-95-mio-euro.html">in German</a> by Jochen Krisch, adapted for excitingcommerce.com by Jason Soo.</em></p><xhtml:img xmlns:xhtml="http://www.w3.org/1999/xhtml" src="http://feeds.feedburner.com/~r/excom/~4/P1eSniFB4-k" height="1" width="1" /></div></content>


    <feedburner:origLink>http://www.excitingcommerce.com/2009/07/the-shop-exchange-netaporter-grows-48-to-134-million.html</feedburner:origLink></entry>
    <entry>
        <title>Overview of the European Live Shopping Market</title>
        <link rel="alternate" type="text/html" href="http://feedproxy.google.com/~r/excom/~3/zc2Sms8ZgEs/overview-of-the-european-live-shopping-market.html" />
        <link rel="replies" type="text/html" href="http://www.excitingcommerce.com/2009/06/overview-of-the-european-live-shopping-market.html" thr:count="0" />
        <id>tag:typepad.com,2003:post-6a00d83451bda369e20115708d8a15970c</id>
        <published>2009-06-29T08:51:36+02:00</published>
        <updated>2009-06-29T08:51:36+02:00</updated>
        <summary>iBOOD, the European market leader in live shopping is according to Google Trends enjoying more popularity in Poland than in Germany. iBOOD launched the Polish offering at the beginning of the year. Their strongest market continues to be the Netherlands...</summary>
        <author>
            <name>Jason Soo</name>
        </author>
        
        
<content type="xhtml" xml:lang="de-DE" xml:base="http://www.excitingcommerce.com/"><div xmlns="http://www.w3.org/1999/xhtml"><p><a href="http://www.ibood.com/">iBOOD</a>, the European market leader in live shopping is <a href="http://trends.google.com/websites?q=ibood.com%2C+guut.de%2C+zack-zack.eu%2C+preisbock.de%2C+qoqa.ch&amp;geo=all&amp;date=all&amp;sort=0">according to Google Trends</a> enjoying more <a href="http://trends.google.com/websites?q=ibood.com&amp;geo=all&amp;date=all&amp;sort=0">popularity</a> in Poland than in Germany. iBOOD <a href="http://prportal.pl/2008/12/nowy-sklep-internetowy-iboodpl-%E2%80%93codziennie-najtansza-oferta-polsce/">launched</a> the Polish offering at the beginning of the year.</p><p>Their strongest market continues to be the <a href="http://trends.google.com/websites?q=ibood.com%2C+1dayfly.nl%2C+dailyoffers.nl&amp;geo=NL&amp;date=all&amp;sort=0">Netherlands</a> - there they are holding <a href="http://www.1dayfly.nl/">1dayfly</a>, their only serious competitor, well in check.</p><p><a href="http://trends.google.com/websites?q=ibood.com%2C+guut.de%2C+zack-zack.eu%2C+preisbock.de&amp;geo=DE&amp;date=all&amp;sort=0">In Germany</a>, <a href="http://www.ibood.de/">iBOOD</a> is competing in popularity against <a href="http://www.preisbock.de/">Preisbock</a> for third place. The leaders here are <a href="http://www.guut.de/">Guut</a> and <a href="http://www.zack-zack.eu/">ZackZack!</a>, the live shopping spinoff from <a href="http://www.alternate.de/">Alternate</a>.</p><div class="blockquote" style="margin-left: 40px;"><a href="http://keus.ch/test/liveshopping-portale-der-schweiz-unter-der-lupe/" style="display: inline;"><img alt="_liveshoppingcomparision" border="0" class="at-xid-6a00d83451bda369e201157182b2a5970b " src="http://ecommerce.typepad.com/.a/6a00d83451bda369e201157182b2a5970b-800wi" title="_liveshoppingcomparision" /></a><br /></div> <p><br />The <a href="http://keus.ch/test/liveshopping-portale-der-schweiz-unter-der-lupe/">Swiss live shopping market</a> is going to be exciting as well. On that front, <a href="http://www.daydeal.ch/">DayDeal</a>, the live shopping spinoff from <a href="http://www.brack.ch/">Brack</a>, has been taking on incumbent <a href="http://www.qoqa.ch/">QoQa</a> since the beginning of the year (see <a href="http://trends.google.com/websites?q=qoqa.ch%2C+daydeal.ch&amp;geo=all&amp;date=all&amp;sort=0">Google Trends</a>).</p><p><a href="http://trends.google.com/websites?q=boffer.co.uk%2C+grabitnow.com&amp;geo=GB&amp;date=all&amp;sort=0">In the UK</a>, <a href="http://www.boffer.co.uk/">boffer.co.uk</a> and <a href="http://www.grabitnow.com/">Grabitnow</a> have been running head-to-head since a year now, although in a <a href="http://trends.google.com/websites?q=preisbock.de%2C+qoqa.ch%2C+boffer.co.uk%2C+grabitnow.com%2C+1dayfly.nl&amp;geo=all&amp;date=all&amp;sort=0">Europe-wide comparison</a>, they still come in after Preisbock and QoQa.</p><p><strong>Both iBOOD and QoQa are almost four years in the market</strong>. QoQa is <a href="http://trends.google.com/websites?q=ibood.com%2C+guut.de%2C+zack-zack.eu%2C+preisbock.de%2C+qoqa.ch&amp;geo=all&amp;date=all&amp;sort=0">generating similar traffic</a> in Switzerland as Preisbock is in Germany. It would be pretty interesting to see what would happen if QoQa, like iBOOD, was also represented in Germany.</p><p>Related posts:</p><ul>
<li><a href="http://www.excitingcommerce.com/2009/06/live-shopping-on-the-search-for-the-ultimate-system.html">Live Shopping: On the Search For The Ultimate System</a></li>
<li><a href="http://www.excitingcommerce.com/2009/03/live-shopping-days-event-hits-the-mark.html">Live Shopping Days Conference Draws Crowds</a></li>
<li><a href="http://www.excitingcommerce.com/2009/04/lsd-09-live-shopping-days-in-boston.html">LSD 09: Live Shopping Days in Boston</a></li>
</ul>
<p><em>Originally posted <a href="http://www.excitingcommerce.de/2009/06/der-europ%C3%A4ische-live-shopping-markt-im-%C3%BCberblick.html">in German</a> by Jochen Krisch, adapted for excitingcommerce.com by Jason Soo.</em></p><xhtml:img xmlns:xhtml="http://www.w3.org/1999/xhtml" src="http://feeds.feedburner.com/~r/excom/~4/zc2Sms8ZgEs" height="1" width="1" /></div></content>


    <feedburner:origLink>http://www.excitingcommerce.com/2009/06/overview-of-the-european-live-shopping-market.html</feedburner:origLink></entry>
    <entry>
        <title>The Shop Exchange: How The Russian KupiVIP Profits from Otto</title>
        <link rel="alternate" type="text/html" href="http://feedproxy.google.com/~r/excom/~3/-cR1GkNnXh8/the-shop-exchange-how-the-russian-kupivip-profits-from-otto.html" />
        <link rel="replies" type="text/html" href="http://www.excitingcommerce.com/2009/06/the-shop-exchange-how-the-russian-kupivip-profits-from-otto.html" thr:count="0" />
        <id>tag:typepad.com,2003:post-6a00d83451bda369e20115708d6673970c</id>
        <published>2009-06-29T08:09:45+02:00</published>
        <updated>2009-06-29T08:38:36+02:00</updated>
        <summary>For enterprises on the lookout for opportunities, Russia counts nowadays along with Turkey as one of the most attractive emerging markets for (electronic) mail order sales. Because while some may contend that the good ol’ paper catalogue is enough to...</summary>
        <author>
            <name>Jason Soo</name>
        </author>
        
        
<content type="xhtml" xml:lang="de-DE" xml:base="http://www.excitingcommerce.com/"><div xmlns="http://www.w3.org/1999/xhtml"><p>For enterprises on the lookout for opportunities, Russia counts nowadays <a href="http://www.excitingcommerce.com/2009/06/emerging-markets-turkey-firing-on-all-cylinders.html">along with Turkey</a> as one of the most attractive emerging markets for (electronic) mail order sales.</p><p>Because while some may contend that the good ol’ paper catalogue is enough to keep the Russians satisfied, others are jettisoning their paper catalogue based businesses and are re-investing their money in more <a href="http://blog.quintura.com/2009/06/22/womanjournalru-investor-direct-group-acquires-stake-in-kupivipru/">future oriented business models</a> (“Direct Group Acquires Stake in KupiVIP.ru”):</p><div class="blockquote" style="margin-left: 40px;"><br />"Direct Group, which recently <a href="http://blog.quintura.com/2009/01/23/otto-group-acquires-mail-order-business-na-dom/">sold its Russian mail order business Na Dom to Otto Group of Germany</a>, has invested $1 million in exchange for a 10 percent stake in online shopping club KupiVIP.ru, according to <a href="http://kupivip.ru/">KupiVIP.ru</a> CEO Oskar Hartmann.(...)<br /><br /><a href="http://kupivip.ru/" style="display: inline;"><img alt="_kupi" border="0" class="at-xid-6a00d83451bda369e201157182885e970b " src="http://ecommerce.typepad.com/.a/6a00d83451bda369e201157182885e970b-800wi" title="_kupi" /></a> <br /><br />As part of the deal, Direct Group CEO Pascal Clément will join KupiVIP.ru’s Board. Direct Group, which sold a majority stake in “Russia’s Amazon” Ozon.ru to Baring Vostok Capital Partners in late 2006, shall bring its expertise in distance selling and logistics to KupiVIP.ru.<br /><br />Founded in 2008, KupiVIP.ru previously raised <a href="http://blog.quintura.com/2009/03/26/online-shopping-club-kupivipru-raises-8-million-second-round/">$11 million in two funding rounds from Mangrove Capital Partners, Arlan and ABRT Fund</a>. The online shopping club has more than 500,000 registered users. Its current monthly sales exceed $1 million."<br /><br /></div><p>Interestingly, the Otto Group is using the Limango private shopping club to move into Turkey in exactly the same way, but maybe that’s because there weren’t any attractive catalogue businesses to buy out there. ;-)</p><p>For those interested in the Russian online market, the <a href="http://blog.quintura.com/">blog</a> of the <a href="http://quintura.com/">Quintura search engine</a> shouldn’t be missed.</p><p><em>The KupiVIP founders around Oskar Hartmann were international participants, like <a href="http://www.ibood.com/">iBOOD</a> or <a href="http://www.daydeal.ch/">DayDeal.ch</a>, at the most recent <a href="http://www.excitingcommerce.com/2009/03/live-shopping-days-event-hits-the-mark.html">Live Shopping Days</a> conference in Berlin.</em></p><p>Related posts:</p><ul>
<li><a href="http://www.excitingcommerce.com/2008/11/mangrove-capita.html">Mangrove Capital Partners Invests in Russian Shopping Club KupiVIP</a></li>
<li><a href="http://www.excitingcommerce.com/2009/03/live-shopping-days-event-hits-the-mark.html">Live Shopping Days Conference Draws Crowds</a></li>
</ul>
<p><em>Originally posted <a href="http://www.excitingcommerce.de/2009/06/kupivip.html">in German</a> by Jochen Krisch, adapted for excitingcommerce.com by Jason Soo.<br /></em></p><xhtml:img xmlns:xhtml="http://www.w3.org/1999/xhtml" src="http://feeds.feedburner.com/~r/excom/~4/-cR1GkNnXh8" height="1" width="1" /></div></content>


    <feedburner:origLink>http://www.excitingcommerce.com/2009/06/the-shop-exchange-how-the-russian-kupivip-profits-from-otto.html</feedburner:origLink></entry>
    <entry>
        <title>ShowRoomPrive Makes Number 2 Spot in France’s Private Shopping Club Scene</title>
        <link rel="alternate" type="text/html" href="http://feedproxy.google.com/~r/excom/~3/UNXOFoGECHM/showroomprive-makes-number-2-spot-in-frances-private-shopping-club-scene.html" />
        <link rel="replies" type="text/html" href="http://www.excitingcommerce.com/2009/06/showroomprive-makes-number-2-spot-in-frances-private-shopping-club-scene.html" thr:count="3" thr:updated="2009-07-15T10:26:45+02:00" />
        <id>tag:typepad.com,2003:post-6a00d83451bda369e20115706b1792970c</id>
        <published>2009-06-26T08:51:56+02:00</published>
        <updated>2009-06-26T08:51:56+02:00</updated>
        <summary>As Vente-Privée has dominated an estimated 80-90% of the French market, it’s pretty hard to figure out which of the approximately 70 private shopping clubs comes in second place. From a traffic perspective it’s surely AchatVIP, but looking at revenues...</summary>
        <author>
            <name>Jason Soo</name>
        </author>
        
        
<content type="xhtml" xml:lang="de-DE" xml:base="http://www.excitingcommerce.com/"><div xmlns="http://www.w3.org/1999/xhtml"><p>As <a href="http://www.vente-privee.com/">Vente-Privée</a> has dominated an estimated 80-90% of the French market, it’s pretty hard to figure out which of the approximately 70 private shopping clubs comes in second place.</p><p>From a traffic perspective it’s surely <a href="http://www.achatvip.com/">AchatVIP</a>, but looking at revenues it may very well be <a href="http://www.showroomprive.com/">ShowRoomPrive</a> who has taken the “top” spot last year.</p><div class="blockquote" style="margin-left: 40px;"><a href="http://www.showroomprive.com/" style="display: inline;"><img alt="_showroomprivee" border="0" class="at-xid-6a00d83451bda369e20115706ad0d7970c " src="http://ecommerce.typepad.com/.a/6a00d83451bda369e20115706ad0d7970c-800wi" title="_showroomprivee" /></a><br /></div> <p><br />As JournalduNet <a href="http://www.journaldunet.com/ebusiness/breve/france/40100/showroom-prive-a-realise-25-millions-d-euros-de-ca-en-2008.shtml">reported</a> last Friday (FR/<a href="http://translate.google.com/translate?hl=en&amp;sl=fr&amp;tl=en&amp;u=http%3A%2F%2Fwww.journaldunet.com%2Febusiness%2Fbreve%2Ffrance%2F40100%2Fshowroom-prive-a-realise-25-millions-d-euros-de-ca-en-2008.shtml">EN</a>), ShowRoomPrive, who went online in October 2006, was able to raise their 2008 revenues <strong>from 9 million euro (2007) to 25 million</strong>. Close behind are the likes of AchatVIP, <a href="http://www.brandalley.com/">BrandAlley</a> and <a href="http://www.privateoutlet.com/">Private Outlet</a> who claim revenues in the range of 20 - 25 million euro.<br />ShowRoomPrivée is targeting revenues of 50 million for 2009.</p><p>It is therefore looking quite likely that <a href="http://www.brands4friends.de/">Brands4Friends</a>, which launched a year after ShowRoomPrivée, will have a shot at reaching the European Number 2 spot in 2009 with their planned revenues of 85 million. <a href="http://www.excitingcommerce.com/2009/06/brands4friends-reaches-25-million-euro-in-the-first-4-months.html">At the beginning of May they were already able to overtake their previous year figure of 25 million</a>.</p><p><a href="http://de.buyvip.com/index.jsp">BuyVIP</a> might be able to reach the Number 3 position with their target of 70 million euro.</p><p>Currently the only party with more ambitious goals is <a href="http://www.voyage-prive.com/">Voyage Prive</a>, which as a travel club doesn’t compete in the same arena. Voyage Prive would like to raise their revenues from the 2008 figure of 43 million to <a href="http://www.excitingcommerce.com/2009/05/online-travel-club-voyage-priv%C3%A9-targets-95-million-euros-for-2009.html">95 million this year</a>. Along with Vente-Privée, they are the only other shopping club which has already reached profitability. Also belonging to the Voyage Prive Group is amongst others <a href="http://www.beauteprivee.fr/">BeautePrivee</a>.</p><p>Related posts:</p><ul>
<li><a href="http://www.excitingcommerce.com/2009/06/brands4friends-reaches-25-million-euro-in-the-first-4-months.html">Brands4Friends Reaches 25 Million Euro in the First 4 Months</a></li>
<li><a href="http://www.excitingcommerce.com/2008/09/shop-exchange-p.html">PrivateOutlet Shopping Club Gets 7.3 M Euro Venture Capital</a></li>
<li><a href="http://www.excitingcommerce.com/2009/04/first-spreadshirt-then-buyvip-kennet-partners-on-shopping-spree.html">First Spreadshirt, then BuyVIP, Kennet Partners On Shopping Spree</a></li>
</ul>
<p /><p><em>Originally posted <a href="http://www.excitingcommerce.de/2009/06/showroomprive.html">in German</a> by Jochen Krisch, adapted for excitingcommerce.com by Jason Soo.</em></p><xhtml:img xmlns:xhtml="http://www.w3.org/1999/xhtml" src="http://feeds.feedburner.com/~r/excom/~4/UNXOFoGECHM" height="1" width="1" /></div></content>


    <feedburner:origLink>http://www.excitingcommerce.com/2009/06/showroomprive-makes-number-2-spot-in-frances-private-shopping-club-scene.html</feedburner:origLink></entry>
    <entry>
        <title>eBay 09: eBay Merchants in Germany Turnover 3.1 Billion Euros</title>
        <link rel="alternate" type="text/html" href="http://feedproxy.google.com/~r/excom/~3/33gvWkEtw4A/ebay-09-ebay-merchants-in-germany-turnover-31-billion-euros.html" />
        <link rel="replies" type="text/html" href="http://www.excitingcommerce.com/2009/06/ebay-09-ebay-merchants-in-germany-turnover-31-billion-euros.html" thr:count="0" />
        <id>tag:typepad.com,2003:post-68434591</id>
        <published>2009-06-24T08:51:40+02:00</published>
        <updated>2009-06-24T08:51:40+02:00</updated>
        <summary>eBay Germany released for the first time last week their revenue numbers for their professional merchants. From the German press release, from April 2008 to March 2009, 159,000 professional merchants in Germany turned over 3.1 billion euro worth of transactions....</summary>
        <author>
            <name>Jason Soo</name>
        </author>
        
        
<content type="xhtml" xml:lang="de-DE" xml:base="http://www.excitingcommerce.com/"><div xmlns="http://www.w3.org/1999/xhtml"><p>eBay Germany released for the first time last week their revenue numbers for their professional merchants.</p><p>From the German <a href="http://presse.ebay.de/news.exe?typ=PR&amp;news_id=101888">press release</a>, from April 2008 to March 2009, 159,000 professional merchants in Germany turned over 3.1 billion euro worth of transactions. The product categories producing the most volume during this period were (in descending order), automobiles, auto-parts, clothing and accessories, sport and then business and industry.</p><p>Exports make up about one seventh of the total turnover. During the period analysed, German eBay merchants exported 433 million euro worth of goods, mostly to Austria, the US, Italy, France and the Netherlands (in that order).</p><p>As a comparison: The German <a href="http://www.versandhandel.org/Englisch.76.0.html">E-Commerce and Distance Selling Trade Association</a> (bvh) had previously estimated that eBay represented 2.1 million euro of the German distance trade market in 2008, and in 2007, 2.5 million.</p><p>Further mentioned in the <a href="http://presse.ebay.de/news.exe?typ=PR&amp;news_id=101888">eBay press release</a>, German consumers also enjoy purchasing imported items from eBay Germany. Favorite imports include trampolines, clothing and whirlpools.</p><p><em>Originally posted <a href="http://www.excitingcommerce.de/2009/06/ebay-09-ebayh%C3%A4ndler-generieren-31-mrd-euro-umsatz.html">in German</a> by Jochen Krisch, adapted for excitingcommerce.com by Jason Soo.</em></p><xhtml:img xmlns:xhtml="http://www.w3.org/1999/xhtml" src="http://feeds.feedburner.com/~r/excom/~4/33gvWkEtw4A" height="1" width="1" /></div></content>


    <feedburner:origLink>http://www.excitingcommerce.com/2009/06/ebay-09-ebay-merchants-in-germany-turnover-31-billion-euros.html</feedburner:origLink></entry>
    <entry>
        <title>Planet Sports / Clubsale at the Social Commerce Forum</title>
        <link rel="alternate" type="text/html" href="http://feedproxy.google.com/~r/excom/~3/98M1X5I1FgU/planet-sports-clubsale-at-social-commerce-forum.html" />
        <link rel="replies" type="text/html" href="http://www.excitingcommerce.com/2009/06/planet-sports-clubsale-at-social-commerce-forum.html" thr:count="1" thr:updated="2009-07-19T09:58:15+02:00" />
        <id>tag:typepad.com,2003:post-68393895</id>
        <published>2009-06-23T08:58:50+02:00</published>
        <updated>2009-06-23T08:58:50+02:00</updated>
        <summary>It’s always been a big exception when established merchants experiment with new business models. Last week at the second Social Commerce Forum, Sven Schlager (Head of E-commerce) and Michael Kuhlmann (Head of Clubsale) from the Primondo spin-off Planet Sports reported...</summary>
        <author>
            <name>Jason Soo</name>
        </author>
        
        
<content type="xhtml" xml:lang="de-DE" xml:base="http://www.excitingcommerce.com/"><div xmlns="http://www.w3.org/1999/xhtml"><p>It’s always been a big exception when established merchants experiment with new business models. Last week at the <a href="http://www.socialcommerceforum.de/programm">second Social Commerce Forum</a>, Sven Schlager (Head of E-commerce) and Michael Kuhlmann (Head of Clubsale) from the Primondo spin-off <a href="http://www.planet-sports.com/">Planet Sports</a> reported on their experiences with <a href="http://www.clubsale.de/">Clubsale</a>.</p><ul>
<li>Clubsale launched in February and currently offers one sales event per week.</li>
</ul>
<div class="blockquote" style="margin-left: 40px;"><a href="http://www.clubsale.de/" style="display: inline;"><img alt="_clubsale" border="0" class="at-xid-6a00d83451bda369e20115704f79d0970c " src="http://ecommerce.typepad.com/.a/6a00d83451bda369e20115704f79d0970c-800wi" title="_clubsale" /></a><br /></div> <br /><ul>
<li>The market focus lies firmly with skateboarding products.</li>
<li>The average purchase order is around 60 euro (which lies below what is expected from Planet Sports).</li>
<li>Some early customers have already ordered up to 8 times.</li>
<li>90% of the products are sold within the first 24 hours.</li>
<li>The average age of a Clubsale customer is higher than that of Planet Sports.</li>
</ul>
<p>Planet Sports has been in existence for 15 years and is currently on a growth spurt. If memory serves correctly, the annual growth rate is 50-60%.</p><div class="blockquote" style="margin-left: 40px;"><a href="http://www.planet-sports.com/" style="display: inline;"><img alt="_planetsports" border="0" class="at-xid-6a00d83451bda369e201157144a038970b " src="http://ecommerce.typepad.com/.a/6a00d83451bda369e201157144a038970b-800wi" title="_planetsports" /></a><br /></div> <p><br />Apparently, Clubsale is not intended to replace the <a href="http://www.planet-sports.com/specials.php?language=en&amp;cic=GB">Planet Sports outlet section</a>, but is instead built and operated as an independent business.</p><p>Also interesting is that the initiative for Clubsale seems to not have come from Primondo, but rather from Planet Sports themselves.</p><p><em>The Verbraucherzentrale NRW (Consumer Advice Center of North Rhine-Westphalia) has made an interesting consumer oriented investigation on the Live Shopping scene in Germany. Original report in German <a href="http://www.vz-nrw.de/UNIQ124573767317525/link573791A.html">here</a>.</em></p><p><em>Originally posted <a href="http://www.excitingcommerce.de/2009/06/planet-sports-clubsale-beim-social-commerce-forum.html">in German</a> by Jochen Krisch, adapted for excitingcommerce.com by Jason Soo.</em></p><xhtml:img xmlns:xhtml="http://www.w3.org/1999/xhtml" src="http://feeds.feedburner.com/~r/excom/~4/98M1X5I1FgU" height="1" width="1" /></div></content>


    <feedburner:origLink>http://www.excitingcommerce.com/2009/06/planet-sports-clubsale-at-social-commerce-forum.html</feedburner:origLink></entry>
    <entry>
        <title>Emerging Markets: The Best Turkish Links for the Non-Turkish</title>
        <link rel="alternate" type="text/html" href="http://feedproxy.google.com/~r/excom/~3/0jGcRrSgnsw/emerging-markets-the-best-turkish-links-for-nonturkish.html" />
        <link rel="replies" type="text/html" href="http://www.excitingcommerce.com/2009/06/emerging-markets-the-best-turkish-links-for-nonturkish.html" thr:count="0" />
        <id>tag:typepad.com,2003:post-68372633</id>
        <published>2009-06-22T20:29:29+02:00</published>
        <updated>2009-06-22T20:29:29+02:00</updated>
        <summary>Murat Icer from Deutschland klickt had a few good links to share which should help as an introduction to the Turkish web scene. In English: StartupsInTurkey Comparatively fresh on the market is the t-shirt shop TiiSort, a sort of Turkish...</summary>
        <author>
            <name>Jason Soo</name>
        </author>
        
        
<content type="xhtml" xml:lang="de-DE" xml:base="http://www.excitingcommerce.com/"><div xmlns="http://www.w3.org/1999/xhtml"><p>Murat Icer from <a href="http://deutschlandklickt.de/">Deutschland klickt</a> had a few good links to share which should help as an introduction to the Turkish web scene.</p><p>In English: <a href="http://www.startupsinturkey.com/">StartupsInTurkey</a></p><p>Comparatively <a href="http://www.startupsinturkey.com/e-commerce/a-brand-new-t-shirt-community-tiisortcom-is-online.html">fresh on the market</a> is the t-shirt shop <a href="http://tiisort.com/">TiiSort</a>, a sort of Turkish version of <a href="http://www.threadless.com/">Threadless</a> / <a href="http://www.a-better-tomorrow.com/">A Better Tomorrow</a>:</p><div class="blockquote" style="margin-left: 40px;"><a href="http://tiisort.com/" style="display: inline;"><img alt="_turkey8" border="0" class="at-xid-6a00d83451bda369e20115714097a2970b " src="http://ecommerce.typepad.com/.a/6a00d83451bda369e20115714097a2970b-800wi" title="_turkey8" /></a><br /></div> <p><br />Murat’s insider tip is the national delivery service <a href="http://www.yemeksepeti.com/city_e.asp">Yemeksepeti</a> ("Menu Shopping Basket"), which delivers during peak times such as New Year’s Eve up to 12,000 meals in one day:</p><div class="blockquote" style="margin-left: 40px;"><a href="http://www.yemeksepeti.com/city_e.asp" style="display: inline;"><img alt="_turkey9" border="0" class="at-xid-6a00d83451bda369e20115704b7b2f970c " src="http://ecommerce.typepad.com/.a/6a00d83451bda369e20115704b7b2f970c-800wi" title="_turkey9" /></a></div><p> </p><p>Related posts:</p><ul>
<li><a href="http://www.excitingcommerce.com/2009/06/emerging-markets-turkey-firing-on-all-cylinders.html">Emerging Markets: Turkey Firing On All Cylinders</a></li>
<li style="font-family: inherit;"><a href="http://www.excitingcommerce.com/2008/06/monday-syndrome.html">Monday Syndrome Spurs on Live Shopping in Turkey</a></li>
</ul>
<p><em>Originally posted <a href="http://www.excitingcommerce.de/2009/06/zukunftsmarkt-t%C3%BCrkei-links.html">in German</a> by Jochen Krisch, adapted for excitingcommerce.com by Jason Soo.</em></p><xhtml:img xmlns:xhtml="http://www.w3.org/1999/xhtml" src="http://feeds.feedburner.com/~r/excom/~4/0jGcRrSgnsw" height="1" width="1" /></div></content>


    <feedburner:origLink>http://www.excitingcommerce.com/2009/06/emerging-markets-the-best-turkish-links-for-nonturkish.html</feedburner:origLink></entry>
    <entry>
        <title>Emerging Markets: Turkey Firing On All Cylinders</title>
        <link rel="alternate" type="text/html" href="http://feedproxy.google.com/~r/excom/~3/01U01KnlIV8/emerging-markets-turkey-firing-on-all-cylinders.html" />
        <link rel="replies" type="text/html" href="http://www.excitingcommerce.com/2009/06/emerging-markets-turkey-firing-on-all-cylinders.html" thr:count="1" thr:updated="2009-06-23T03:13:47+02:00" />
        <id>tag:typepad.com,2003:post-68351969</id>
        <published>2009-06-22T08:33:49+02:00</published>
        <updated>2009-06-22T08:33:05+02:00</updated>
        <summary>According to population, Turkey is after Germany the second largest market compared against all its European neighbours. With respect to number of online users, Turkey has gained impressive ground and currently ranks with its 26.5 million users Number 4 after...</summary>
        <author>
            <name>Jason Soo</name>
        </author>
        
        
<content type="xhtml" xml:lang="de-DE" xml:base="http://www.excitingcommerce.com/"><div xmlns="http://www.w3.org/1999/xhtml"><p>According to population, <a href="http://en.wikipedia.org/wiki/Turkey">Turkey</a> is after Germany the second largest market compared against all its European neighbours. With respect to number of online users, Turkey has gained impressive ground and currently ranks with its 26.5 million users Number 4 after Germany, the UK and France (and notably ahead of Italy and Spain):</p><div class="blockquote" style="margin-left: 40px;"><a href="http://ecommerce.typepad.com/.a/6a00d83451bda369e20115713d80df970b-pi" style="display: inline;"><img alt="_turkey1" border="0" class="at-xid-6a00d83451bda369e20115713d80df970b " src="http://ecommerce.typepad.com/.a/6a00d83451bda369e20115713d80df970b-800wi" title="_turkey1" /></a><br /></div> <p><br />Correspondingly, Turkey is turning into one of the <strong>most exciting markets for new e-commerce models</strong>.</p><p><em>(Thanks to Sina Afra, responsible at eBay for the company’s Turkish daughter company <a href="http://www.gittigidiyor.com/">GittiGidiyor</a>, who generously made the <a href="http://www.slideshare.net/excitingcommerce/turkey-internet-sector-june-2009-short">current presentation</a> below available to us).<br /></em></p><div class="blockquote" style="margin-left: 40px;"><span style="text-decoration: underline;" /><a href="http://www.slideshare.net/excitingcommerce/turkey-internet-sector-june-2009-short" style="display: inline;"><img alt="_turkey7" border="0" class="at-xid-6a00d83451bda369e20115713d849d970b " src="http://ecommerce.typepad.com/.a/6a00d83451bda369e20115713d849d970b-800wi" title="_turkey7" /></a> <br /></div> <br /><div style="text-align: center;">1 Turkish Lira is equivalent to approximately 0.645 US Dollars.<br /></div><p>A significant factor is the extremely young population - the average age lies at 30 years. Furthermore, the mentality of the country is simply very different than that of the established markets in Central Europe.</p><div class="blockquote" style="margin-left: 40px;"><a href="http://www.markafoni.com/" style="display: inline;"><img alt="_turkey3" border="0" class="at-xid-6a00d83451bda369e2011570485c5e970c " src="http://ecommerce.typepad.com/.a/6a00d83451bda369e2011570485c5e970c-800wi" title="_turkey3" /></a></div><p> </p><p>Not a surprise then that <a href="http://fiyatgoster.com/">live shopping is booming</a> in Turkey. And surely amongst the most interesting is the <a href="http://www.gedikgross.com/ps/">Pazartesi Sendromu</a> (“Monday Syndrome”) from <a href="http://www.gedikgross.com/">Gedikgross</a> (suitably running every Monday):</p><div class="blockquote" style="margin-left: 40px;"><a href="http://www.gedikgross.com/" style="display: inline;"><img alt="_turkey4" border="0" class="at-xid-6a00d83451bda369e2011570485c91970c " src="http://ecommerce.typepad.com/.a/6a00d83451bda369e2011570485c91970c-800wi" title="_turkey4" /></a></div><p> </p><p>Also not hard to imagine is that shopping clubs are taking root in Turkey <a href="http://www.markafoni.com/">one</a> after the <a href="http://www.limango.com.tr/">other</a>:</p><div class="blockquote" style="margin-left: 40px;"><a href="http://www.limango.com.tr/" style="display: inline;"><img alt="_turkey5" border="0" class="at-xid-6a00d83451bda369e2011570485cb6970c " src="http://ecommerce.typepad.com/.a/6a00d83451bda369e2011570485cb6970c-800wi" title="_turkey5" /></a></div><p> </p><p>As the Limango founders told Exciting Commerce, their <a href="http://www.exclusified.de/2009/04/nach-otto%C3%BCbernahme-limango-expandiert-in-die-t%C3%BCrkei.html">run-up in Turkey</a> is very promising and is focussed on the densely packed Istanbul, Ankara and Izmir.</p><div class="blockquote" style="margin-left: 40px;"><a href="http://www.bendeistiyorum.com/" style="display: inline;"><img alt="_turkey6" border="0" class="at-xid-6a00d83451bda369e20115713d81ae970b " src="http://ecommerce.typepad.com/.a/6a00d83451bda369e20115713d81ae970b-800wi" title="_turkey6" /></a></div><p> </p><p><br />Exciting Commerce has been reporting <a href="http://www.excitingcommerce.com/2008/06/monday-syndrome.html">for over a year</a> on the developments in Turkey. We are interested to extend our coverage in this area and would be very thankful for <a href="mailto:turkey@excitingcommerce.com">tips</a> on exciting new sales concepts. Similarly we’d be interested in <a href="mailto:turkey@excitingcommerce.com">some guest blogs</a> on the Turkish e-commerce market.</p><p><em>Originally posted <a href="http://www.excitingcommerce.de/2009/06/zukunftsmarkt-t%C3%BCrkei.html">in German</a> by Jochen Krisch, adapted for excitingcommerce.com by Jason Soo.</em></p><xhtml:img xmlns:xhtml="http://www.w3.org/1999/xhtml" src="http://feeds.feedburner.com/~r/excom/~4/01U01KnlIV8" height="1" width="1" /></div></content>


    <feedburner:origLink>http://www.excitingcommerce.com/2009/06/emerging-markets-turkey-firing-on-all-cylinders.html</feedburner:origLink></entry>
    <entry>
        <title>Design Atelier: Otto Manager Brings MyFab To Germany</title>
        <link rel="alternate" type="text/html" href="http://feedproxy.google.com/~r/excom/~3/bo9HtmUA1iY/design-atelier-otto-manager-brings-myfab-to-germany.html" />
        <link rel="replies" type="text/html" href="http://www.excitingcommerce.com/2009/06/design-atelier-otto-manager-brings-myfab-to-germany.html" thr:count="0" />
        <id>tag:typepad.com,2003:post-68272291</id>
        <published>2009-06-19T08:38:26+02:00</published>
        <updated>2009-06-19T08:38:26+02:00</updated>
        <summary>Jesper Wahrendorf, former head of Business Development New Media at Otto steps up to the plate as German CEO of MyFab and has the goal to bring the online furniture shop to the land of beer and bratwurst. The French...</summary>
        <author>
            <name>Jason Soo</name>
        </author>
        
        
<content type="xhtml" xml:lang="de-DE" xml:base="http://www.excitingcommerce.com/"><div xmlns="http://www.w3.org/1999/xhtml"><p>Jesper Wahrendorf, former head of Business Development New Media at Otto steps up to the plate as German CEO of <a href="http://www.myfab.com/">MyFab</a> and has the goal to bring the online furniture shop to the land of beer and bratwurst.</p><p>The French startup <strong>sells furniture and designer pieces according to the <a href="http://www.threadless.com/submissions">Threadless principle</a></strong> and has just recently <a href="http://uk.techcrunch.com/2009/06/12/online-furniture-shop-myfab-raises-e5-million-in-series-b-funding/">completed a financing round</a> in the order of 5 million euro with <a href="http://www.bvcapital.com/news/show/myfab-com-betritt-deutschen-markt-mit-ber-f-nf-millionen-euro-frischem-wachstumskapital">BV Capital as lead investor</a>:</p><div class="blockquote" style="margin-left: 40px;">Paris-based MyFab has just raised €5 million in a second round, coming from previous investor <a href="http://fr.techcrunch.com/2008/04/12/fr-coup-double-pour-alven-capital-financement-de-myfab-et-second-tour-pour-splendia/">Alven Capital</a> and led by BV Capital. The total amount invested in the company is now <a href="http://fr.techcrunch.com/2008/04/12/fr-coup-double-pour-alven-capital-financement-de-myfab-et-second-tour-pour-splendia/">€7 million</a>. <br /><br /><a href="http://ecommerce.typepad.com/.a/6a00d83451bda369e201157037bd78970c-pi" style="display: inline;"><img alt="_myfab" border="0" class="at-xid-6a00d83451bda369e201157037bd78970c " src="http://ecommerce.typepad.com/.a/6a00d83451bda369e201157037bd78970c-800wi" title="_myfab" /></a><br /> <br />MyFab - which is currently available only in French and German - is an interesting e-commerce play in that its mission consists of cutting out all middlemen in the process of consumers buying furniture.<br /><br />MyFab has raised the additional sum to prepare for an international roll-out and also to expand into other verticals e.g. fashion. It currently has about 600 items in stock and works with some 80 employees located all over the world." <br /></div> <p><br />Jesper Wahrendorf follows the footsteps of his predicessor Björn Schäfers, who now manages <a href="http://www.smatch.com/">Smatch.com</a>.</p><p>Fortunately, at least one area of the Otto Group has some understanding of new (demand driven) business models (see "<a href="http://www.excitingcommerce.com/2009/06/the-rebirth-of-german-mailorder.html">The Rebirth of German Mail-Order?</a>"). Otto’s internal offshoots - the most recent ones <a href="http://www.yalook.de/">Yalook</a>, <a href="https://www.dyk360.com/">DYK360</a>, <a href="http://www.jungstil.de/">Jungstil</a>, etc. - all too often simply try to creatively repackage old supply driven business models.</p><p>MyFab plans to launch in Germany in September.</p><p><em>Originally posted <a href="http://www.excitingcommerce.de/2009/06/shopb%C3%B6rse-ottomanager-bringt-myfab-nach-deutschland.html">in German</a> by Jochen Krisch, adapted for excitingcommerce.com by Jason Soo.<br /><br /></em></p><xhtml:img xmlns:xhtml="http://www.w3.org/1999/xhtml" src="http://feeds.feedburner.com/~r/excom/~4/bo9HtmUA1iY" height="1" width="1" /></div></content>


    <feedburner:origLink>http://www.excitingcommerce.com/2009/06/design-atelier-otto-manager-brings-myfab-to-germany.html</feedburner:origLink></entry>
    <entry>
        <title>System Swap: Globetrotter Wants to Switch to Magento</title>
        <link rel="alternate" type="text/html" href="http://feedproxy.google.com/~r/excom/~3/lbiG54qp2m4/system-swap-globetrotter-wants-to-switch-to-magento.html" />
        <link rel="replies" type="text/html" href="http://www.excitingcommerce.com/2009/06/system-swap-globetrotter-wants-to-switch-to-magento.html" thr:count="0" />
        <id>tag:typepad.com,2003:post-68257727</id>
        <published>2009-06-18T23:24:02+02:00</published>
        <updated>2009-06-18T23:24:02+02:00</updated>
        <summary>Globetrotter, one of the biggest German online shops wants to wean off its in-house built shop system and in the next year completely switch to Magento. This was reported by the German language periodical t3n-Magazin. At the beginning of the...</summary>
        <author>
            <name>Jason Soo</name>
        </author>
        
        
<content type="xhtml" xml:lang="de-DE" xml:base="http://www.excitingcommerce.com/"><div xmlns="http://www.w3.org/1999/xhtml"><p><a href="http://www.globetrotter.de/">Globetrotter</a>, one of the biggest German online shops wants to wean off its in-house built shop system and in the next year <a href="http://www.magentocommerce.com/blog/comments/interview-jack-wolfskin-on-magento/">completely switch to Magento</a>. This was reported by the <a href="http://t3n.yeebase.com/magazin/vorschau-t3n-nr-16/">German language periodical t3n-Magazin</a>.</p><p>At the beginning of the year, Globetrotter had already moved the German edition of the Jack Wolfskin shop <a href="http://www.magentocommerce.com/blog/comments/interview-jack-wolfskin-on-magento/">over to Magento</a>.</p><div class="blockquote" style="margin-left: 40px;"><a href="http://shop.jack-wolfskin.de/" style="display: inline;"><img alt="_globetrotter" border="0" class="at-xid-6a00d83451bda369e201157129ec44970b " src="http://ecommerce.typepad.com/.a/6a00d83451bda369e201157129ec44970b-800wi" title="_globetrotter" /></a><br /></div> <p><br />With this move, Globetrotter will be the largest German online shop to switch to the Magento open source solution.</p><p>In business year 2008/09, Globetrotter raised its total revenues from 178 million euro to 205 million euro (German <a href="http://www.globetrotter.de/de/wir/presse/media/pressebericht_2009.pdf">press release</a>). According to information released from the company, 75 million euro of that was earned via e-commerce. At the beginning of the year Globetrotter also took a 25% stake in the Swiss travel supply store Transa.</p><p>Related posts:</p><ul>
<li><a href="http://www.excitingcommerce.com/2009/06/swiss-ecommerce-study-leading-shops-prefer-custom-built-systems.html">Swiss E-commerce Study: Leading Shops Prefer Custom Built Systems</a></li>
<li><a href="http://www.excitingcommerce.com/2009/05/oxid-vs-magento-new-open-source-systems-in-comparison.html">[Update] Oxid vs. Magento: New Open Source Systems in Comparison</a></li>
</ul>
<p><em>Originally posted <a href="http://www.excitingcommerce.de/2009/06/globetrotter-setzt-auf-magento.html">in German</a> by Jochen Krisch, adapted for excitingcommerce.com by Jason Soo.</em></p><xhtml:img xmlns:xhtml="http://www.w3.org/1999/xhtml" src="http://feeds.feedburner.com/~r/excom/~4/lbiG54qp2m4" height="1" width="1" /></div></content>


    <feedburner:origLink>http://www.excitingcommerce.com/2009/06/system-swap-globetrotter-wants-to-switch-to-magento.html</feedburner:origLink></entry>
    <entry>
        <title>The Rebirth of German Mail-Order?</title>
        <link rel="alternate" type="text/html" href="http://feedproxy.google.com/~r/excom/~3/GfI2Zxysgzg/the-rebirth-of-german-mailorder.html" />
        <link rel="replies" type="text/html" href="http://www.excitingcommerce.com/2009/06/the-rebirth-of-german-mailorder.html" thr:count="1" thr:updated="2009-07-19T09:56:20+02:00" />
        <id>tag:typepad.com,2003:post-68192203</id>
        <published>2009-06-17T08:19:06+02:00</published>
        <updated>2009-06-17T08:19:06+02:00</updated>
        <summary>The bankruptcy of Quelle is only the last evidence: The German mail order industry is in an utterly desolate state. Conceptually still stuck in the 70’s, it has in the last 15 years completely disassociated itself with the international reality...</summary>
        <author>
            <name>Jason Soo</name>
        </author>
        
        
<content type="xhtml" xml:lang="de-DE" xml:base="http://www.excitingcommerce.com/"><div xmlns="http://www.w3.org/1999/xhtml"><p>The bankruptcy of Quelle is only the last evidence: The German mail order industry is in an utterly desolate state. Conceptually still stuck in the 70’s, it has in the last 15 years completely disassociated itself with the international reality and has in no way been able to latch on to future new markets.</p><p>A good example are the business models for the consumer electronics market (online/mobile/tv), which is unmistakably the fastest growing market segment. According to bvh figures, in 2008 this segment had reached a market volume of 7.8 billion euro. This makes it almost 28% of the entire mail order market (according to our estimates, this value will double by 2017).</p><p>In this very future relevant segment, the Primondo Group (via HSE24 and currently defunct MyBy) made an appearance with a market share of 5%, the Otto Group (via MyToys and Jungstil) with 1%, and Neckermann isn’t even on the map.</p><div class="blockquote" style="margin-left: 40px;"><a href="http://ecommerce.typepad.com/.a/6a00d83451bda369e20115711cefe4970b-pi" style="display: inline;"><img alt="_bvh" border="0" class="at-xid-6a00d83451bda369e20115711cefe4970b " src="http://ecommerce.typepad.com/.a/6a00d83451bda369e20115711cefe4970b-800wi" title="_bvh" /></a><br /></div> <p><br />Instead, besides the international players (Amazon, Ebay, QVC), the market here is dominated by independant, stock exchange listed merchants such as Delticom, Getmobile or Zooplus, as well as electronics suppliers like Redcoon or Notebooksbilliger, a cornucopia of small and garage operations as well as startups such as Brands4Friends, Preisbock &amp; Co.</p><p>More bitter still is when you consider only the future relevant business models and filter out all the old style catalog type concepts that, even in an online world, will increasingly experience harder times.</p><p>The dominance and the inherited market weight of Otto, Quelle and Neckermann has lead to the result that very few new business models were able to find fertile soil. And so such new ideas are finding their way to Germany via the USA or now increasingly from France.</p><p>Hope remains that the long overdue restructuring moves quickly and that new business models start moving to the foreground which can honestly be ranked in the same league as Amazon, QVC or Vente-Privee. </p><p><em>Originally posted <a href="http://www.excitingcommerce.de/2009/06/versandhandelszukunft.html">in German</a> by Jochen Krisch, adapted for excitingcommerce.com by Jason Soo.</em></p><xhtml:img xmlns:xhtml="http://www.w3.org/1999/xhtml" src="http://feeds.feedburner.com/~r/excom/~4/GfI2Zxysgzg" height="1" width="1" /></div></content>


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