Word: consumerized
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Amazon didn't just have a broad product selection during the holiday season, it had a firm grasp of the consumers' many needs. Cash-strapped shoppers flocked to the site for its low prices, ready-to-ship inventory, shrewd consumer product reviews, low shipping fees and the holiday season's...
Some see Amazon's biggest growth coming from further expansion into electronics, apparel and consumer products, ranging from shampoo to groceries. Amazon's ability to cross-sell products to existing customers is powerful. "When you've got an account opened at Amazon and they have your credit-card information and...
I had a different theory. If scads of people could see and comment on what I was buying, maybe I would be shamed into spending less. Could there be a practical use for the exhibitionism and groupthink of social networking? Location-centric sites like Foursquare encourage people to blast where...
With that in mind, I asked a few of my favorite economic forecasters to name an indicator or two that I could afford to start ignoring. Three said they disregarded the index of leading indicators, originally devised at the Commerce Department but now compiled by the Conference Board, a business...
The Indian economy is not immune to risks. The government has to contend with a yawning budget deficit, and last year's weak monsoon rains will likely undercut agricultural production and soften rural consumer spending. But rapid growth is expected to continue. The World Bank forecasts India's economy will...