payments - Retail Systems
payments - Retail Systems
payments - Retail Systems
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RS news general<br />
Mobile site<br />
IN BRIEF<br />
Laura Ashley has launched a mobile optimised<br />
store (www.lauraashley.com) based<br />
on the latest enhanced version of Venda’s<br />
mobile platform. The new mobile store<br />
will provide Laura Ashley customers with<br />
a seamless and frictionless cross-channel<br />
shopping experience.<br />
AlwAys on<br />
HP Enterprise Services today announced<br />
that Procter & Gamble (P&G) has signed a<br />
multiyear agreement for HP to help provide<br />
an “Always On” operating environment that<br />
enables the consumer-goods leader to keep<br />
products moving on time, from production<br />
all the way to shoppers’ carts in the retail<br />
store.<br />
loyAlty splAsh<br />
Contis Group has made a UK-wide splash<br />
with specialist retailer Maidenhead Aquatics’<br />
new gift card customer loyalty scheme.<br />
Don’t miss out<br />
New research by nToklo reveals the financial dangers for retailers<br />
who ignore social commerce<br />
According to research into social<br />
commerce by nToklo, UK retailers are<br />
missing out on a potential £9 billion in<br />
additional revenue online. The survey revealed<br />
how user generated content is shaping online<br />
retail faster than the retailers themselves.<br />
The use of user content and<br />
recommendations could account for a 27 per<br />
cent uptake in sales. IMRG reported that the<br />
UK’s online retail spend for 2011 was £68.2<br />
billion and this is expected to grow by a further<br />
13 per cent in 2012. Considering that half of<br />
retailers don’t offer online recommendations<br />
to consumers, it can be estimated that retailers<br />
missed out on an estimated £9 billion worth of<br />
additional revenue online last year.<br />
Anton Gething, co-founder & product<br />
director at nToklo, says: “The increasing interest<br />
in social commerce stems from two trends<br />
that have seen tremendous growth in recent<br />
years: online shopping and social networking.<br />
This research shows that many businesses<br />
are missing out on a potentially significant<br />
additional revenue opportunity. In strained<br />
times, this additional revenue could provide a<br />
much needed lifeline for British retailers.”<br />
Over 90 per cent of those surveyed had a<br />
presence on Facebook and Twitter. However,<br />
only 65 per cent of retailers’ sites utilise the<br />
integration technology these social platforms<br />
offer. And over three quarters of retail<br />
sites reviewed did not have their own social<br />
community functions, despite many requiring<br />
customers to sign-in to make a purchase.