Yet another retail exchange. Hey, guys? B2B exchanges are supposed to unite markets, not fragment them. How about teaming up with Sears, or Wal-Mart, both of which also recently launched big retail exchanges?
Retailers to form trading exchange
It may sound obvious, but a new study shows that the single most important factor for online profitability is customer loyalty — getting customers to come back regularly. In fact, most online retailers lose money on one-time shoppers.
To earn customers’ loyalty, the study’s authors recommend, treat them as assets — not just transactions — and provide them with real value.… Read the rest
Fifteen big gas and electric companies are hiring PriceWaterhouseCooper to build them an online energy exchange, slated to be ready by the end of this year. No indication of how they plan to deal with existing energy exchanges, such as Altra, which are already ahead of them be a year or more.… Read the rest
Career shortcut: In a hurry to get on the Internet bandwagon? No time to figure out what you can do? The Monster.com Dotcom Job Converter will tell you exactly how to transform yourself from some useless old-economy role like “Teacher” into a way-new-economy position like “Internet Trainer.” Just pick your current job from the dropdown list and the Converter tells you how to get a new life.… Read the rest