The week is coming to an end, it has been an interesting week in the ecommerce industry, a lot has happened for the most popular ecommerce platforms. This week PayPal allowing merchants to accept Bitcoin, Pandora making the move across the pond, and much more.
Greg is Director of Product Design at one of Canada’s hottest companies, Shopify. He's responsible for ensuring that the complex world of eCommerce is presented to us in an easy to use and enjoyable manner. We talked to him about what it takes to get people using a product and how Shopify tackles complicated design problems. Read my full Shopify review here.
Those using Magento’s ecommerce platform should ensure they’re using its latest software, as attackers are increasingly exploiting a flaw patched two months ago, security companies warned. The vulnerability can allow an attacker to gain complete control over a store with administrator access, potentially allowing credit card theft, wrote Netanel Rubin of Check Point’s Malware and Vulnerability Research Group. As many as 200,000 websites use Magento, which is owned by eBay.
Due to the shift in customers’ online shopping behaviors, successful retailers are employing certain tactics to meet – and make the most of – the shift consumers’ needs. Let’s explore five top trends, including social selling, the death of Black Friday, and the growth in mobile commerce with a focus on the opportunities they present for retailers.
Danish jewelry retailer Pandora has launched an ecommerce site for the US market. It’s the first time the manufacturer and retailer has opened a dedicated ecommerce store for a market outside of Europe, where it already has seven country-specific online stores. Check back next week when we examine ecommerce growth and luxury brands.
PayPal, an online payment processing company owned by eBay Inc., said merchants registered with it may now accept payments in Bitcoin. In a filing with the U.S. Securities and Exchange Commission (SEC), the company said its platform “supports growth with a variety of value-added services designed to help businesses of all sizes manage their cash flow, invoice clients, pay bills, and reduce the need for merchants to receive and store sensitive customer financial information.”
Feature image curtsey of CashCats