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Amazon releases API for in-app purchases

BY Dan Berthiaume

Seattle – Amazon.com has introduced the Mobile Associates API for Kindle Fire and other Android devices, enabling developers to sell physical and digital items from Amazon.com within their apps and games. Developers and members of the Amazon Associates program (the API is technically an extension of the program) can now sell a single item from within an app or game, showcase a category of goods, or bundle the purchase of physical goods with the purchase of digital goods.

Previously, developers had to use a “freemium” model with digital in-app purchasing or subscriptions, or by using mobile ads. When using the new API, developers earn up to 6% on qualifying in-app customer purchases and can allow customers to buy and receive goods through Amazon’s 1-Click purchase mechanism and Amazon Prime shipping, where available. The API can be used in the Amazon Appstore and in Google Play.

“Developers now have the ability to create an even deeper connection between their app and the products customers value and purchase through Amazon.com,” said Mike George, VP of Amazon Appstore, Games and Cloud Drive. “Imagine a developer of a nutrition and fitness app can now offer their customers the ability to purchase vitamins, supplements and fitness gear within the app, directly from Amazon.com. It offers the customer a more relevant experience and provides the developer with a new source of revenue.”

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C.Lawrence says:
Aug-31-2013 10:16 am

Amazon is popular for
Amazon is popular for providing efficient and affordable deals. http://www.chesstelecom.com/business-line-and-call-plans

C.Lawrence says:
Aug-31-2013 10:16 am

Amazon is popular for providing efficient and affordable deals. http://www.chesstelecom.com/business-line-and-call-plans

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Report: Twitter hires former Ticketmaster exec to head e-commerce effort

BY Dan Berthiaume

San Francisco – Twitter has reportedly hired former Ticketmaster president Nathan Hubbard to take the new role of head of commerce. According to Bloomberg, the 38-year-old Hubbard will oversee an effort to enable direct shopping through postings within tweets.

Hubbard is quoted as saying he does not seek to directly compete with established e-commerce retailers and payment providers but instead hopes to collaborate with them, possibly through a revenue-sharing model. He will report to Adam Bain, head of global revenue at Twitter.

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Holidays looking happier for Zale

BY CSA STAFF

Surprisingly strong sales at Zale’s nearly 1,700 stores propelled the company to its strongest full year financial performance in six years.

Zale said total company same store sales for its fourth quarter increased 5.6% and margins expanded which allowed the company to delivered its highest net income in six years for its fourth quarter ended July 31. Same store sales at Zale branded stores were even higher at 8.1% on top of a prior year increase of 12.3% the prior year.

“We intend to build on this momentum as we focus on driving profitable top-line growth and long-term shareholder value,” said Zale CEO Theo Kllion.

Revenues increased 2.5% to $417 million compared to $407 million. The sales growth couple with gross margins that expanded to 53.1% from 51.6% allowed the company to reduce its net loss to $8 million, or 25 cents a share from a prior year net loss of $20 million, or 61 cents a share.

For the year, revenues increased to $1.89 billion compared to $1.87 and same store sales increased 3.3% following a gain of 6.9% the prior year. Profits total $10 million, or 24 cents a share, compared to a net loss of $27 million, or 85 cents a share.

Zale ended the year with 1,695 locations throughout North America.

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