A Business Technology Place

Thought readings 8

Each week I capture, mark, and comment on blog posts and news articles around the internet. This is a short-list of three links that I think others will find valuable for their thought lives.

  1. 6 ways to Increase Prices on Your ECommerce Site by Gagan Mehra of Practical eCommerce.  Pricing of products to maximize profits is an important topic and can lead to complex financial analysis. In this post, Mehra does a good job of reviewing some practical tips and ideas that could help eCommerce operators increase their average cart values.
  2. Is the Digital Wallet Going Analog? by Demitri Kalogeropoulos of the Motley Fool. Lots of companies are trying mobile payment solutions in the market. But what caught my eye in this article was the mention of Hope Depot having an option for PayPal payments at the point of sale in their stores. The customer doesn’t need a phone or plastic. They simply use the touch screen with their PayPal credentials to complete the purchase.  Could the future of payments not involve mobile devices?
  3. Wal-Mart to Offer Cash Option for Online Purchases by Christina Cheddar Berk of CNBC. Wal-Mart is trying a pay with cash option for online customers. If the customer elects to pay with cash then they have 48 hours to complete their purchase at a store location. They then choose if they want the merchandise shipped to the store or to their home. What this means is that the store cash registers must be able to pull information about the online purchase. Nifty integration. But will this be a hit with consumers? Seems to me like it eliminates the convenience of ordering online.

Let me know what links you shared, tagged, or commented on this week.