Quotes About E-commerce

On Jan. 1, 2012, I resolved to not buy anything from Amazon for a year.

Amazon and Alibaba are changing retail for everybody. These are two incredible companies.

E-commerce is applicable to Russia, just as it's applicable to any other market.

We don't care which products you like, but you should be using UnderArmour.com - which is now MapMyFitness - and having a reason to visit us every day.

Shops are not a growing business, so it's a scary place to be.

IPOs.19 US E-commerce IPOs

Venmo is one of the jewels of Paypal.

I'll be amazed in my lifetime if my business gets to being 5 per cent online.

In the '90s, I went on eBay to buy some paddle tires for my four-wheeler ATV and couldn't find any. When I did find a manufacturer that sold them, I bought 20,000 and had no problem reselling them. So the next time you get mad when you can't find an item, realize there's a market waiting to be explored.

I envision a day when a businesswoman will be having lunch, and then her phone will ring. When she opens it up, she will see an image of the latest Marc Jacobs coat that just arrived in stock. With a click of a button, she can purchase it and then find it waiting for her when she gets back to her office.

I don't think we yet know - because it's probably not big enough - what exactly Amazon does to our cities, but whatever it is, I don't anticipate retail wastelands. If anything, it's maybe a wake-up call to retailers that they just have to offer something meaningful to customers.

When I started in e-commerce, there was not a lot of clutter because there were not a lot of companies. Nowadays, you have to have a pretty serious moat around your business to compete with Amazon, Wal-Mart, and even Alibaba online.

From the consumer perspective, what happened in the U.S. 10 years ago and Europe five years ago is now happening in Russia. People are beginning to understand that e-commerce is easy and safe.

For many years, we have repeated that the direct-to-consumer channel is growing and capturing a larger share of our customers' wallet.

Walmart is going to be very good at this e-commerce game.

Customers want a broad assortment, especially with e-commerce. If you pull up your mobile app to look for something at Walmart, we want you to be able to find it.

My dream was to set up my own e-commerce company. In 1999, I gathered 18 people in my apartment and spoke to them for two hours about my vision. Everyone put their money on the table, and that got us $60,000 to start Alibaba. I wanted to have a global company, so I chose a global name.

One of the challenges of buying local advertising is, how do you know if it worked? How do you know if it's got value? We're moving toward an e-commerce experience for local, an Amazon-like experience for local.

Selling online is one channel, but it's not the only channel.

Distributers don't need massive amounts of square feet to stock digital products. Retailers don't need brick-and-mortar stores to sell them. The entire supply chain for these select items has been permanently dematerialized. The marketplace has been blown to bits.

What happens to this kind of business when the data superhighway arrives? . . . No sales force, no inventory costs, no royalties to Nintendo or Sega, no marketing costs, no advertising costs, no executive parking spaces. This is a new and exciting business model, not just for games, and not even just for software, but for a host of products and services that can be sold or delivered via an electronic underground.

Selling through the internet seems to be a very good idea. There are a million areas that we can go to.

The net promoter score of health insurers averages 4/100. Amazon is 74/100.

The Web and new technology offer more opportunities to reach a world market at a lower price. Today, a person can start a business at home and reach the world market.