Tag Archives: ebay

morning-coffee

Has Email Reached The End Of The Road?

Take a typical work day - you come in, grab yourself a coffee, sit at your desk, log in and start to browse through the multitude of emails that awaits you. Some are important, some may be urgent, but most are destined for the trash. You plough through your inbox, replying to some and flagging others for later. By the time your real work starts, your coffee’s gone cold! Thankfully, change is on its way and email may soon be overshadowed, leaving many companies wondering whether the end of email is nigh.

The idea of a workplace without email may seem unimaginable but it’s not the most effective way of managing projects and communication. Some companies are said to be losing up to 20 days per person per year dealing with email poorly and if you factor in the 100 billion spam emails sent daily, the figures speak for themselves. Security is another big concern. Business leaders are confronted with the dangers of unprotected emails almost daily but fewer than 21 percent of companies use an email encryption solution. It’s hardly surprising that people are increasingly turning away from email, both at work and at home.

Change is finally on the horizon and there are now a number of viable alternatives that pose a genuine threat to email’s dominance. Yammer and Chatter, for example, both provide internal social networks for companies which enable person-to-person communication similar to Facebook’s walls and allow you to create meetings and share documents, as well as a host of other features. Big names like Ford, eBay, and DHL have already adopted Yammer, a powerful testament to its potential as an alternative to email.

While these technologies offer significant promise for the future of business communications, email hasn’t reached a dead-end just yet, but business’s reliance on it as the primary means of communication may be coming to an end.

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Could Bitcoin Win Over Mainstream?

With news that Ebay is now considering accepting Bitcoin as payment, could this pave the way for other large e-commerce giants to follow suit? A final decision has yet to be made pending clarification on the regulatory framework but the company’s interest in the digital currency is evident following one of PayPal’s CEO David Marcus’s recent tweets: “We treat BTC and any FX the same way. We’re believers in BTC though.” Next month, both eBay US and eBay UK will allow its customers to buy and sell Bitcoins for the first time.

The news comes at the same time as Google let slip that it is exploring possible Bitcoin integration plans. Although it hasn’t yet incorporated Bitcoin into any of its products, Google has been more enthusiastic than many other tech firms. So far at least, online retailer Amazon has said it has no interest in using the virtual currency. Apple hasn’t allowed a single Bitcoin client into its iOS app store either - although dozens of Bitcoin wallets are available for Android. But for Google, Bitcoin integration could offer a boost to the company in its digital payments competition with Paypal. Overstock.com recently illustrated the buzz that Bitcoin adoption can generate when it received $130,000 Bitcoin sales in its first day of accepting the currency, mainly from new customers.

The list of Bitcoin vendors is growing every day and with the big e-commerce giants now taking it seriously, Bitcoin could really start to establish itself in the mainstream economy. As things stand, most businesses factor the fees for their payment processors into the price of their products or services. Accepting Bitcoin would allow them to cut out the middlemen and thus reduce their transaction fees… and with the world’s first Bitcoin ATM located in Vancouver already in operation, you can’t help thinking that it won’t be long before Bitcoin transactions will become as natural as those by credit card, only cheaper!

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Has the way we shop changed forever?

The Monday after Thanksgiving in the US, labelled as Cyber Monday, is billed as one of the busiest online commerce days of the year. This year, however, it is spilling into the rest of the holiday season as more consumers use mobile devices to shop when and where they please. Equipped with tablets and smartphones, shoppers are ordering online over a longer period, data from ComScore Inc. show, and one third of average monthly traffic for leading retailers is from smartphones and tablets. As a result, more and more stores are offering holiday deals that can reach consumers through these devices. The incentive to the shoppers – apart from the practicality of using your phone to buy stuff – is offers giving them an added discount if they order from their mobile applications. Amazon and Ebay, the world’s largest online retailers, as well as other retailers, are taking advantage of the smartphone industry to create online promotions and mobile apps to attract tech-savvy gift buyers, over the many weeks leading up to the holidays.

The holiday season is crucial for companies such as Amazon which depends on people buying gifts in the lead up to Christmas to fuel its biggest-revenue quarter. The trend is accelerating as commerce on tablets and smartphones grew twice as fast in the third quarter as desktop online spending. According to the National Retail Federation, online holiday sales should increase as much as 15 percent to $82 billion this year. As more purchasing happens over the internet, it won’t be surprising if e-commerce eventually completely overtakes shopping in real-life stores.

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