Category Social commerce

iConsumerism, e-commerce and the demise of the high street

Last week I went to a fascinating discussion hosted by ThinkSpace, a new innovation hub run by Imperial College London. The subject of the discussion was what they termed iConsumerism: how digital innovations, e-commerce and ‘always online’ are changing consumer behaviour, and the consequences of this for the traditional high street. It was good discussion,

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WalmartLabs – taking Big Data into retail

Walmart, the world’s largest retailer, acquired social media firm Kosmix just over a year ago, creating @WalmartLabs, with the intention to use this specialist R&D unit to define the future of commerce by merging social, mobile and retail. So far WalmartLabs has released two interesting developments using social: • ShopyCat – the gift recommendation engine This Facebook

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