by Data Age | Dec 15, 2014 | Diamonds, Marketing, Retail
If the estimated $349 (basic version) to $5,000 (gold version) price tag for an Apple Watch just seems way too low for your tastes, you can turn to jeweler Mervis Diamond Importers to provide you with a bonkers luxury alternative. Mervis is offering up a $30,150...
by Data Age | Nov 1, 2014 | BE ON THE LOOKOUT, Business, Customer Service, Retail
Christie’s auction house has introduced a buy-it-now button to some of its lots as the 250 year-old company aims to modernise its business. Taking a leaf out of eBay’s books, the luxury outlet will let consumers bypass the bidding process so they can...
by Data Age | Oct 29, 2014 | Competitive Advantage, Education, Marketing, Retail, Technology
The first sale computer programmer Pierre Omidyar made on his site AuctionWeb was for $14.83 in 1995. Why is that significant? Because Omidyar had sold a broken laser pointer to someone who actually collected broken laser pointers. Knowing that he was on to something,...
by Data Age | Oct 1, 2014 | Business, Retail
After spending much of this year explaining why its two businesses are best left together, eBay’s board of directors and CEO did a complete about-face Tuesday morning, announcing a plan under which its PayPal and eBay marketplace businesses will be split into...
by Data Age | Sep 26, 2014 | Business, Business News, Competitive Advantage, Industry, Retail
Sellers are still struggling to come to terms with eBay’s new returns policies and practices, and apparently eBay customer service is adding to the confusion. One reader says she is very concerned about what eBay Customer Service Reps are telling sellers about...
by Data Age | Sep 25, 2014 | Business, Business News, Retail
Earlier this week I did a post about businesses using mobile banking to gain access to the unbanked market. Walmart has announced they are entering the fray with a low cost mobile checking account called GoBank. GoBank has no minimum balance requirement and...