For several years Altima has been developing customized online stores based on Magento Ecommerce platform. We feel a need in the solution that allows Magento merchants to showcase products they sell in a better way than plane product pictures. That’s how Magento Lookboox extension was born.
Magento Lookbook allows to show big beautiful images with the references to your product (hotspots) right from the image. For example you may see the photo of leaving room with different pieces of furniture and each piece has a special mark. When a user roll-over to this mark he/she see small window with product name, price and direct link to product’s page.
The product is in the stage of beta-testing now and we plan to release it in late April-May 2012
The service called “PayPal Here” and according information available at PayPal website will allow to accept credit card payments in any place with mobile network coverage. Merchants need to have only smartphone with special app and (optionally?) a card reader that Paypal announced to distribute free of charge.
With 2.4% commission this products looks to compete with hot start-up Square that provides very similar solution. Square’s commission is stated as 2.75%
Startup Hackathon Melbourne brings together teams of entrepreneurial IT and design students from universities around Victoria, to launch web-based startups – from scratch – in 48 hours.
We decided to support that great event and sponsored it with our creative design and web development service: Altima created Startup Hackathon Melbourne logo, designed and coded website (main version).
We wish Startup Hackathon Melbourne participants all the best in the competition.
The article written by German Lyutajev is about current trends in Ukrainian graphic design.
Ukrainian design now is in a rather unstable state and evokes mixed judgments. Many specialists suppose that one of the problems of the professional Ukrainian design is a brake between “old” and “new” specialists. While new techniques and instruments have being come into service, most young people have to master themselves because instructors of the “old guard” are not always familiar with these techniques. In reference to quality design, the competition level there is quite low, a lack of understanding of design significance being terrific.
So if you have an interest in the graphic design you are welcome to read full article
The battle between Scoopon and Groupon over groupon.com.au domain and related trademark seems to be over. It’s reported in SMH that the parties reached settlement and US group buying giant got domain and TM for undisclosed compensation.
Industry experts believe that that the deal value is at least not less than $289K (the sum, which Scoopon founders brothers Hezi and Gabby Liebovich asked).
Despite of the deal groupon.com.au domain still leads nowhere at this moment. It’s be interesting to see how fast Groupon will change branding of it’s Aussie venture currently called StarDeals to Groupon.
Recent research conducted by Professor Utpal M. Dholakia from Rice University contains facts that are not very pleasant form currently booming group buying industry:
just a bit more than half (55.5%) of businesses recorded a profit after group buying promotion, more than quarter (26.5%) made losses and the rest broke even
less than half of businesses that ran group buying promotion are going to do it in the future;
almost 3/4 of merchants have no loyalty to group deal provider and ready to switch
So the conclusion that the researchers made is not very positive for group buying industry especially for websites that provide deals: the little loyalty, low rate of interest to repeat purchase from merchants and increasing competition will lead to the erosion of the current healthy margin and make the life of group deals providers harder.
The research collected data from 324 US businesses operating in 23 markets that used group buying promotion in 2009-2011.
According to official press-release published today at eBay web site, auction giant acquired rest of share in Magento Inc, the creator of Magento e-commerce – one of the most popular open source e-commerce platforms. Last year eBay already bought 49% stake in Magento and today announced the full ownership purchase.
According press-release, Magento will be used to build new product from eBay, X-commerce:
X.Commerce, eBay’s newly created integrated open commerce platform group, is focused on leveraging the company’s assets and partner technologies to build a strong, robust developer community as a resource for merchants and retailers of all sizes
It’s interesting to track how the situation will develop and what happen with Magento open-source solution. It would be pity if eBay decides to shut it down.