Google pushes Product Search

On its US site, Google has pushed Product Search in its top navigation, replacing the Video link. In 2006, Froogle – the previous name of Product Search – was removed from the top navigation in favor of Google Video. Did Google do this because of the coming Chrismas season? Will it stay there or will it be moved once the shopping season is over? It seems Google is still not really sure what to do with its shopping product.

Google Products back?

Image taken from Google Blogoscoped

Comparison engines copy-cats?…

A lot of comparison shopping engines (CSE) have recently changed their looks. A while ago, all CSE’s had categories prominently displayed on their homepage. Now, it seems that almost all CSE’s are turning away from that look-and-feel, giving ‘ search’ a much more dominant place.

Also, the homepage of all revamped CSE’s focuses more on popular products and themes (probably also to accomodate the women). It almost seems as if all these CSE’s make use of the same design agency ;-)

Just take a look at the new websites (displayed by live date):

Shopping.com:
Shopping.com new
Kelkoo:
Kelkoo new site

Pricegrabber (still in A/B testing):
Pricegrabber new

So it seems that comparison engines do not like to experiment. They rather copy what the other one is using. However, some time ago Shopzilla made a bold step to only display a search box… It is still there, so they must be satisfied. But, you better have a damn great search functionality!

Shopzilla:
Shopzilla new

Is it price or convenience?

It’s one of the oldest questions in the retail business.Price or convenience

Data from Nielsen Online sheds some new light on the matter that is so important to merchants—online and offline—during the busy holiday shopping season. In an online survey of nearly 1,000 shoppers, 81% indicated that the ability to shop anytime during the day was why they chose to shop online during the holiday season. For 77% of respondents, saving time was the next most popular reason to shop online. And next came the ability to comparison shop (61%), followed by finding merchandise easily (56%).

Why do you shop online?

  • 81% ability to shop anytime during the day
  • 77% saving time
  • 61% ability to shop and compare
  • 56% easy to find merchandise
  • 46% low prices
  • 24% low shipping costs

Low pricing is quite low on the list… So convenience beat pricing hands down, right? Well, it depends. “Coming into the holiday season, retailers are keenly focused on promotions, which certainly have the ability to move the needle in the short term,” said Ken Cassar of Nielsen Online. But he didn’t stop there. “In the long run, however, convenience keeps people coming back to the Internet,” added Mr. Cassar. “It’s available whenever consumers are ready to shop, offers a wide selection and obviates the need to fight the crowds at the mall.”

Like it or not, smart retailers must offer low prices and convenient services.

Start showing the products!

Nike shopping cartAt the congress I attended in München, I was struck by a presentation of Jeff Hunt from Scene7. He stressed the fact that manufacturers spend millions of dollars making great images of all their products (to use in print or tv commercials) but then let e-tailers and comparison engines use crappy images on the internet. And these ‘crappy’ images are viewed by millions of users everyday!

The main problem is that manufacturers still have no idea at all on how to handle this ‘new’ (!?) sales channel. They are still scared to anger the traditional brick-and-mortar retailers. However, I cannot come up with any retailer who isn’t online yet. And if they aren’t, they are doomed to be taken over or crushed by other retailers. So, online retailers (both pure play and click-and-brick retailers) and comparison shopping engines have huge problems obtaining accurate specifications and images (high resolution) of every product in stock. And this is not only a problem for them, but even for the content providers like GfK, CNET Channel and IceCAT.

Jeff also showed some compelling websites of retailers which made perfect use of available rich media technology (Ajax, Flash or Flex) and high quality images. I would like to share some of these examples with you to inspire you (and maybe also some manufacturers).

Gucci.com
Gucci.com makes perfect use of images, it is almost as if you are in the shop itself. You can select items, these are taken off the shelf and displayed. You can zoom in and see details (!) which is necessary if you are willing to buy a handbag of more than EUR 1500,-.

Main store (handbags selected):

Gucci store

One specific bag selected (with possibility to change colors in the same screen):

Selected handbag

Zoom in on details (with possibility to turn the bag and scroll up, down, left or right)

Zoom in on details

Finally, a visual shopping basket (see top right, I can actually see which product I selected and which one I am about to buy)

Visual shopping basket

Hey, a visual check-out! When I go to the checkout, show the product!! I want to know what I am buying (just as in the real world)

Gucci checkout

I would say that this is a perfect example of how to create a great shopping experience. In every screen you have the option to change the product (type, colors, etc.) and you are always able to view the product itself.

Still, a lot of online shops do not use proper images and they do not show the product during the shopping process… According to an anecdote of Jeff, turning of the image of the product in the shopping basket decreases conversion by 25%! Once some guy turned off this feature on the website, which immediately led to a dramatic drop in conversion..

Other great examples from Jeff’s presentation:

I really hope that manufacturers start waking up and start taking the Internet serious. I would say, stop spending millions if you are throwing away all that work by not displaying those images on the web!

Google’s new open source mobile platform Android

Sergey Brin just introduced its new open source mobile software platform Android. I can explain what the Android platform is all about, but it guess it is much better to take a look at the Youtube video:

Google has set aside 10 million dollar to reward software developers who have written great new applications for the Android platform.

QXL shares soar with eBay tipped as secret bidder

QXL RicardoeBay may be the mystery bidder behind a possible takeover of its smaller UK rival QXL Ricardo, which yesterday confirmed it had received a bid approach. Shares in QXL Ricardo rose 10.6 per cent to £16.70 after the announcement, giving the online auctioneer a capitalisation of £771 million. That is still less than half its £1.7 billion value at the height of the dot-com boom in 2000, when its shares reached £37.

The FTSE 250-listed business said: “The company notes the recent movement in the company’s share price and confirms that it has received a preliminary approach which may or may not lead to an offer being made for the company.”

It is understood eBay, which generated full-year sales of $6 billion (£2.9 billion) and $1.1 billion in profits, would be interested in QXL Ricardo’s Eastern European business. Of particular interest would be its lucrative Polish division, which, until June last year, was the subject of a three-year legal dispute between management.

European Internet users above 226 Million Unique Visitors

ComscoreAccording to a study carried out by comScore, the European region recorded its largest ever Internet audience in September with a 5-percent year over year growth, reaching 226.7 million unique visitors age 15 or older. Russia had the fastest growing online audience this period, increasing 23 percent to 14.6 million unique visitors, followed by Spain, which grew 18 percent to 14.5 million unique visitors, and Ireland, which grew 16 percent to 1.5 million.

Unique visitors Europe

(more…)

Dexcom indeed taking over Coolblue

Coolbue and DexcomInteresting stuff always happens while you are away! Just back from an e-commerce congress in Munchen and the news of Dexcom taking over Coolblue (controlling stake) is finally out. I heared rumours about this take-over in the beginning of August, but did not want to affect the negotiations. Read my post of the 22nd of August: large take-over pending in Dutch e-tail sector.

Dexcom Holdings is really becoming a player to take into account. They already have taken over the following re- or etailers:

Well, hope to bring you new take-over news soon again! Just visit my blog regularly!

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