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Groupon Counters No Longer Add Up

As human beings, we like to follow the crowd. That’s part of the reason group deal sites works as well as they do. If only five people jump on a deal, then maybe it’s not as good as it sounds. But if 200 people buy in — well, then you know you’re in on something great.

Groupon wants you to feel the satisfaction of knowing you’re part of the popular crowd, but they’ve decided to be less specific about it.

Going forward, Groupon deals will no longer show the exact number of deals purchased. The wording on tipped deals has been changed to “Over INSERT NUMBER bought” and even that’s not necessarily true.

According to Groupon’s blog, they’ve been testing a variety of ways of covering the numbers including including this gem.

Online Coupon Users Spend More to Save More

Couponers are often viewed as cheapskates who ration toilet paper squares and dumpster dive for savings. But the reality is, couponers actually spend more money than the average web shopper and WhaleShark Media has the numbers to back it up.

According to a recently published survey, conducted by Forrester Research, active couponers (those who redeemed more than 6 coupons in the past 12 months) spent more than $800 per year online than light users.

The study also showed that coupon usage is on the rise which means more sales for businesses and more savings for customers.

In addition to higher sales totals, coupon users are also more flexible than your average customer. They’re willing to try new items and switch brands if they can get a deal. A full 60% said they’re reconsider a product they decided not to buy, if they were offered a coupon for the item. That means a reduction in shopping cart abandonment.

What’s Old Is New: Google Offers Circulars to Advertisers

How many years have we been talking about the death of the newspaper? In fact, we used to talk about it a lot more because we were watching the industry die. That talk has been replaced by practically ignoring the medium altogether because I suppose it has slipped into the irrelevant phase of its slow and painful demise?

Whatever the situation actually is there is one irony in a new advertising product that Google will be rolling out today with large brands (like Macy’s and Best Buy) called Circulars. Mashable got a look at these “new” ads”.

Bing Launches Daily Deal Aggregator

Daily deal sites are out of control. They’re like. . . well, you know. . . everybody’s got one. Now Bing has one, but instead of running their own deals, they’re aggregating the ones that are already out there.

In theory, it’s a good concept. In practice, I’d say they have a little work to do.

First off, the PR on the site says it’s all about daily deals, a phrase that has come to take on a certain meaning. A daily deal is one of those short-term, limited quantity, discounts usually for some kind of food or service. But the top line on Bing’s very graphically-oriented deal site is dedicated to retail items with a “find the best price” engine attached to each. That’s not a daily deal. That’s not even necessarily a deal!

Look! No Velcro! Google Wallet Arrives

Without getting all prognosticate-y about what this offering means to the general happiness of the human race, we will tell you that Google Wallet has arrived as rumored. Google’s official announcement comes on the heels of several days of rumors that served to do nothing other than keep some people writing. Now that it’s here you can learn about it for real and see just what it does and doesn’t do in the first iteration.

From the Google blog

We’ve been testing it extensively, and today we’re releasing the first version of the app to Sprint. That means we’re beginning to roll out Google Wallet to all Sprint Nexus S 4G phones through an over-the-air update—just look for the “Wallet” app. Here’s a demo of Google Wallet in action:

Now the video

The Borderless Consumer and Other Game Changing Trends

Holiday shopping used to mean a trip to the local mall and a Saturday jaunt out to the outlet center in the next county. But this year, people in the US will be buying gifts from all over the world because they can do it easily and cheaply, from the comfort of their home.

The borderless consumer is just one of the game-changing retail trends discussed at a recent event sponsored by WomenCorporateDirectors.

Instant currency conversion tools, multi-language websites and no-borders web hosts like eBay and Etsy, have made it just as easy to buy a gift from Spain as it is from Kansas.

Not only are geographical boundaries disappearing, but so are the old-school “retail channels.”

Susan Chambers, Executive Vice President, Global People Division for Walmart said,

Analysts Predict a Happy Holiday Season for Retailers

It’s only been September for a couple of days now, but its time to start thinking about Jingle Bells, Deck the Halls and that jolly guy in the fur-trimmed red suit. Horror tales of a poor economy might have you worried about a horrendous Grinch-mas, but the analysts over at eMarketer say this holiday season will be merry and bright (ish.)

Take a look at the numbers from the MasterCard Advisors’ “SpendingPulse” report. That’s an average retail sales growth of 14% over the same time last year.

The news gets better for online retailers, as experts say more people than ever will be using a virtual shopping cart instead of the metal kind this holiday season.

Jeffrey Grau, eMarketer principal analyst says;