Scot Wingo

Ecommerce services provider ChannelAdvisor Chief Executive Officer and founder Scot Wingo provides the first update on ecommerce sales for the “Cyber Five” days known as Thanksgiving day through Black Friday and Cyber Monday. ChannelAdvisor is a global provider of ecommerce related services to many of the world’s top ecommerce retailers and traditional frahcnises who sell online. Thanksgiving – Day 1 of the Cyber Five. Thanksgiving and the first day of what we call the Cyber Five – the five most important days for online shopping because they give us a very good view of where the holiday is trending....

(Editor’s note: Scot Wingo, founder and chief executive officer of global e-commerce services provider ChannelAdvisor, blogs frequently about e-commerce trends.) MORRISVILLE, N.C. - On September 28th 2012, Facebook launched Facebook Gifts (which we’ll call FBG for this post). In this post, we wanted to take a deep dive into this development because we believe it has some interesting ramifications for both the worlds of e-commerce and social commerce. This post covers these topics: Marketplaces will eat the e-commerce world FBG – A new category of marketplace is born: curated social gifts FBG – will it work? 872m reasons why… Marketplaces Will...

Editor’s note: Scot Wingo is founder and chief executive officer of e-commece services provider ChannelAdvisor, which works with many of the world’s many retailers selling merchandise online. MORRISVILLE, N.C. - One caveat with these intraday reports I wanted to highlight: With many of these channels, they can become delayed in reporting orders to us by as much as 4-6 hours during peak holiday days. This is a high-class problem and doesn’t deteriorate the consumer experience, but it can result in under reporting on intra-days. Tuesday’s full-day report will make sure we have gotten any delayed transactions from the channels. CyberMonday...

Editor’s note: Scot Wingo is founder and chief executive officer of e-commece services provider ChannelAdvisor, which works with many of the world’s many retailers selling merchandise online. MORRISVILLE, N.C. - CyberSaturday is in the books and continued the trends we saw starting on Thanksgiving this year. Last year on CyberSaturday/Sunday (the weekend after BlackFriday), we saw overall growth in e-commerce at 13%. This year for Saturday we saw 20% – a robust acceleration. It’s too early to tell if this data point is telling us that the entire holiday season will be more of a 20% grower, or it could...

Editor’s note: Scot Wingo is founder and chief executive officer of e-commece services provider ChannelAdvisor, which works with many of the world’s many retailers selling merchandise online. MORRISVILLE, N.C. – Today we are releasing our early read on Thanksgiving. What we’ve done is compare the intra-day same store sales from Thanksgiving 2010 to Thanksgiving 2011 from midnight to 3pm ET. There are lots of disclaimers on this data: It’s intraday and since we only ran through 3pm ET, we missed most of the West coast activity. We’re looking at Thanksgiving to see if the trends we saw last year...