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February 11th, 2012

Thanks to Google Android, there are more tablet choices on the market than you could handclasp a stick at. Simply with a weak furnish of apps to select from and some buggy software, are these iPad knockoffs worth it? Or should consumers just crib up a few extra bucks and purchase the iPad?

With the iPad 3 merely about the corner, Expect Maggie tackles this question helping one reader decide if a low-cost Android alternative is ameliorate than a higher-priced iPad. Ask Maggie too helps a devoted iPod Impact user decide if he should cause an iPhone equally his first smartphone or a Google Android device

December 16th, 2011

The last few months of 2011 receive been a painful period of layoffs and cost-cutting in the finance industry, and it continued Thursday, as Morgan Stanley declared that it would eliminate 1,600 jobs, or 2.6 pct of its workforce, by the foremost quarter of 2012.

Many banks, facing economic and regulatory uncertainty, experience embarked on widespread cost-cutting programs to improve profits. Just Morgan Stanley waited longer than many of its competitors to make cryptic cuts to its workforce. This month, Citigroup declared it would cut 4,500 jobs. Bank of America, Goldman Sachs, Credit Suisse and several other firms have besides announced thousands of business cuts.

“As we behaviour our year-end performance management appendage and evaluate the right size of the franchise for 2012, we anticipate the elimination of approximately 1,600 positions across the firm globally,” Jeanmarie McFadden, a Morgan Stanley spokeswoman, pronounced in a statement.

In all, the securities industry in Young York City lost nearly $3 billion in the third quarter, allotting to a report released Thursday by Thomas P. DiNapoli, the Young York State comptroller. Profits at the city’s securities companies, which include major Wall Street banks equally substantially as smaller brokerage firms, straightaway full $9.6 billion for 2011, and they are expected to dip far short of the $20 billion in profit officials had projected for the year, allotting to the report.

In another sign of the banks’ struggles, Fitch Ratings on Thursday lowered the ratings of Morgan Stanley, Bank of America, Goldman and others. Fitch cited concerns virtually the banks’ financial wellness and long-term stability.

“There’s no denying that occupation is dreadful, and banks are cutting back,” articulated Chris Kotowski, a banking analyst with Oppenheimer. “In an environs alike this, people are locomoting to spirit at everyone on their platform and say, is this individual utterly necessary?”

December 2nd, 2011

Online sales on Cyber Monday reached $1.25 billion according to Internet tracking firm comScore, making it the biggest online spending day in history. Revenues increased 22 percentage over finally yr and the daylight was marked by a spate in both the number of buyers — up 11 percentage — and the average spending per buyer — up 9 pct — over lastly year. comScore estimates that the average shopper dropped $125 and the average transaction sum was $67. IBM Coremetrics, a web analytics firm, reported an eve higher average spend: $198. Approximately 10 million people made online purchases on Cyber Monday, according22 to comScore.

Black Friday viewed $816 million in online sales, representing a 26-percent increase over Negro Friday 2010, reported comScore.

Mercent, a provider of online duct marketing technology and advertising services for retailers, articulated that same-seller gross merchandise value for Mercent retail clients participating in Amazon’s “Selling on Amazon” third-party marketplace programme grew 35 pct over Cyber Monday 2010. For the foremost time, more than 50 percentage of their Cyber Monday shoppers ordered from mold locations.
Small Merchants

GoDaddy, reports that small merchants employing its Fast Shopping Cart experienced an 81 percent increase in revenue over a “normal” Monday and a 40 percent increase over Cyber Monday lastly year. The ordinary Cyber Monday sale this year was over $100 and coupon usage doubled over a typical Monday. GoDaddy chiefly serves merchants that have less than $500,000 in annual revenues, with the majority doing less than $100,000 in sales. GoDaddy says that merchants employing its cart racked up 350 million transactions over the past 12 months.
Apparel and Health and Beauty Bear Out

According to the “IBM Coremetrics Benchmark Cyber Monday Report,” apparel sales were specially robust, with Cyber Monday numbers showing an increase of 34 percentage over 2010. The ordinary club value increased 11.35 percent, from $128.13 to $141.27. Moreover, wellness and beauty sales increased 23 percentage11 over Cyber Monday 2010. The ordinary gild value increased 22 percent, from $68.30 to $83.47.
Mobile Shopping

More people felt comfortable browsing and buying via mobile devices. On Cyber Monday, 10.8 percentage55 of people employed a mobile device to visit an ecommerce site, more than doubling the percentage77 of online shoppers who visited ecommerce sites via their mobile devices in 2010, according to the IBM Coremetrics Benchmark Report. Mobile sales accounted for 6.6 percentage99 of 2011 online revenues versus 2.3 pct in 2010. The near frequently utilised mobile device was an iPhone. Interestingly, Black Friday depicted a higher pct of mobile traffic — 14.3 pct — than Cyber Monday, possibly because shoppers were not at their mould computers on Friday.
Customer Satisfaction

Foresee, a customer get analytics firm, felt that consumer satisfaction on Cyber Monday was 72.7 on a 100-point scale, lower than it was over the Thanksgiving holiday weekend — 73.3 — and lower than it was finally yr33 on Cyber Monday — 73.1. Websites that sell apparel, accessories, and shoes provided the most satisfying experiences for holiday shoppers this year, while websites selling computers, electronics, and mobile telephone accessories offered the least satisfying experience, according to Foresee.
What Almost December?

Gian Fulgoni, comScore’s chairwoman states, “Looking forward to the remainder of the season, it will exist identical important to keep to monitor the trend in consumer spending to watch the level to which retailers’ heavy promotional activity at the commencement of the shopping season, and consumers’ encouraging response, has pulled ahead consumers’ future buying. When entirely is enounced and done, it will too exist vital to see whether retailers’ deals and cost discounting, which consumers are immediately able to expose via so many different digital media channels, will experience a negative impact on retailers’ margins this holiday season.”

The National Retail Federation’s 2011 Holiday Consumer Intentions and Actions Survey, conducted by BIGresearch, found that 60 pct of shoppers programme to have advantage of sales and discounts to build non-gift purchases for themselves and their families during the holiday season. Assuming that non-gift purchases passed on Negroid Friday and Cyber Monday, there yet may exist a good mass of holiday gift shopping ahead.

December 1st, 2011

Would a Thanksgiving and Black Friday button that saw retailers pushing online deals as hard as they were pushing offline deals experience a negative impact on Cyber Monday?

Some retail industry observers argued that retailers eager to construct Black1111 Friday a multichannel outcome might but shift purchases that would experience arrived on Cyber Monday.

Holiday shoppers sprinted to snatch up bargains lastly week, thus were the cautious observers right?

It’s impossible to know for sure, simply with Cyber Monday straightaway behind us, one thing is certain: if such a shift did occur, it didn’t posed a noticeable damper on Cyber Monday shopping.

According to comScore, Cyber Monday 2011 marked the instant yr in a quarrel that Cyber Monday delivered more than a billion dollars in sales. As declared by comScore president Gian Fulgoni, “Cyber Monday was however another historic day for e-commerce, with online spending reach a record $1.25 billion.”

In 2010, Cyber Monday disclosed the billion dollar barrier for the foremost time, producing $1.02bn in sales. So this year’s $1.25bn haul marks an impressive year-over-year amplification of 22%.

Driving the ontogeny was an 11% increase in shoppers making an online buy on Cyber Monday (a record 10m) and a 9% increase in dollars expended per shopper, from $114.24 in 2010 to $124.82 in 2011. Interestingly, there was a slight decrease in transactions per buyer, hinting that some shoppers decided to spend more at fewer online retailers.

With a record Cyber Monday in the bag, speculating almost the rest of the holiday shopping season is evening more interesting.

Historically, Cyber Monday spending received been surpassed later in the holiday shopping season, merely that changed for the foremost time ever in 2010. Given the efforts online retailers experience created this twelvemonth to induce shoppers to capable their wallets ahead December, and the success with which they’ve been able to do it, it looks unlikely that 2011 will see another daytime that surpasses $1.25bn in sales.

But holidays are all near surprises and even if Cyber Monday represents the pinnacle of the holiday shopping season, require a few more surprises this year.

November 24th, 2011

The day afterwards Thanksgiving is ‘Black Friday.’

Like you didn’t know.

Black Friday has got an unofficial holiday, embraced by altogether colors and creeds, in praise of the mighty bargain. This twelvemonth more than ever, the monster has seemingly grown thus arrogant equally to over-reach it’s own name by cheating the Friday madness with earlier starts. This has actually caused a backlash among Americans strapped more than always during economic lows not learnt during many of their lives.

The ‘darkness’ of the holiday’s mention might have on totally new meanings when shopping for gifts has got a luxury in lieu of bills, food and shelter.

The term was foremost utilized to advert to an 1869 US financial crisis that haped when two men essayed to (illegally) nook the gilded market. The resulting false manipulation of gold prices caused markets to crash on Friday, September 24, 1869. Many honest investors lost considerably.

The shift in meaning to what we currently associate with Black friday got around 1966 in Philadelphia, but was employed more to reference the heavy vehicle and pedestrian traffic that would pass about the holiday than any form of incentive to conk shopping. Equally the term began to be more widely exist utilised outside of the part in the 1970s, the meaning changed to represent the head at which about businesses turned a profit, or ‘were in the black’ a reference to accounting where profits are evinced in Black friday ink, losses in red. This is obviously a turn speculative equally job models vary widely, just those that rely on holiday shoppers for a large portion of their yearly sales obviously mark the beginning of the Xmas shopping season with anticipation.

It’s no conspiracy that the media drives marketing, equally ‘the media’ is where we are nearly heavily and manoeuvered divulged to the influence of advertising, and in a broader sense, our spending. Black friday is a working instance of this connection. For many years, Black friday was not the busiest shopping day of the year. However, that didn’t stoppage the news media from including that factoid equally a soundbite for many years. Before 2001, the daytime didn’t even rank in the crown four of the busiest holiday shopping sprees. Last moment shoppers had traditionally boosted the lastly Sat ahead Xmas to the tip spot. Only the ‘this is the daylight to conk spend’ content was ingeminated ad infinitum until it became a reality. As of 2003, indeed, Blackamoor Friday is the busiest shopping day of the season.

The literal timing of the daylight is more understandable and logical from the perspective of retailers. As of 1942, completely states renowned Thanksgiving on the fourth Thursday of November. Many employers gave their workers the following Friday exit to make an led holiday weekend. Those that relied on a sales boost around the holidays considered an opportunity to cater to the masses who felt themselves with an additional shopping day0004 die with the Xmas season looming right around the corner. Nearly whole retailers experience embraced the idea of Black Friday with sales, deals and special offers that do their best to entice the straightaway made in buyer frenzy.

Unfortunately, ‘frenzy’ falls sadly short of the levels of insanity, and sometimes violence displayed by Black friday crowds. We’ve whole heard of varying layers of mob mentality turning ugly, and a Google hunt of ‘Black Friday violence’ turns up wholly sorts of disgusting displays of consumerism taken to fierce levels (without any apparent sense of ‘wrong’ amongst the perpetrators). There has evening been one decease directly accountable to Black friday crowds. In 2008, an employee at a Wal-Mart in Vale Stream, New York was trampled to expiry equally 2,000 shoppers discovered the doorway down afterwards waiting outside in the cold for a 5:00 AM opening. Evening the police who got to assistant those that had been suffered were forced and shoved equally people proceeded pour into the store, some even showing indifference to the injured equally they complained of having to postponement in the cold. Watching crowds throw expire their humanity for the chance to spend money (at a discount) makes me shudder to believe what we will exist similar when food and shelter are the scarcity, not a temporarily cheaper product.

Those that get been about a few years may credibly remember when the stores, *gasp*, opened early Friday at 6:00 AM! Therefore how do you compete with that? Obvious… subject at 5:00 AM. And so commenced the insanity that extended to the midnight openings of 2011.

For the rabid consumers willing to line-up and trample whatever gets in their fashion to stimulate a $50 DVD player, showing up at midnight sounds more alike party than any schedule challenge. The backlash has arrived from employees, their families, (and anyone with a heart) who understands a midnight opening agency raw short time with loved ones on a holiday that traditionally celebrates the opposite.

Wal-Mart and Toys ‘R’ Us decided to bypass the totally9 midnight controversy, and simply open Thanksgiving night at 10:00 P.M. and 9:00 P.M. respectively.

So if none of the above has swayed you from braving the madness, there are numerous local and regional San Diego businesses who are hoping to helper relieve you of some of your hard earned cash. Or perchance more the American way… credit. They are quite cognisant that many of you prefer to salary MORE for your purchases than the literal sticker price, thence negating share of the discount you potentially risked your spirit for.

Just for the record, I am very pro-business. I am extremely anti-idiot. Here’s hoping completely you who endure to venture out into the Black friday chaos have a safe and enjoyable receive while bighearted our economy and businesses a much required boost.

November 22nd, 2011

If you’ve been scouring entirely the Negro Friday ads that have been leaked onto the internet, you already know that the year’s biggest shopping daytime has become Smutty Turkey Day.

Some will still exist gobbling those post-Thanksgiving turkey sandwiches when major retailers fling open their doors to uneasy bargain hunters, a few of whom have been camping outside the stores through rainfall and cold waiting for the sales to begin.

Kohl’s, Target, Best Buy, and Macy’s will subject at midnight Thursday instead of the wee hours of the morning, like Penney’s at 4 a.m. And Wal-Mart will jumping before of the ingroup by opening at 10 p.m. on Thanksgiving Day.

Black Friday won it’s moniker because sales during the last two months push many retailers into the negroid for the year.