Thank you for taking time out of your frenzied shopping schedule to visit us today.
Today is Cyber Monday.
What began as an afterthought to “Black Friday,” six years ago has become a very real thing and a very big thing. According to some experts, today will be the biggest online shopping day of 2011. According to this USA Today article “Cyber Monday was the biggest online shopping day last year and reached $1 billion [in sales], according to Web-tracking company ComScore.” An National Retail Federation spokeswoman was also quoted in the article as saying, “While the Cyber Monday trend began with many people shopping from work, it has evolved into a day where people shop for deals as soon as they get up in the morning and right before they go to bed — and almost every hour in between.”
Exciting stuff!
We’ve also heard more and more companies starting to describe this entire week as “Cyber Week.” So, what began as an afterthought to Cyber Monday this very year will soon become a very real thing, a week-long frenzy of online sales and shopping.
Here at CPO Rising, we fully support the concept of online shopping and browsing – efficiency, price discovery, and the fact that it is highly unlikely that you’ll get pepper-sprayed like these shoppers did on Friday (CNN-video) all rank as top reasons.
This week, we’ll be running a few “promotions” – starting with our sponsors, but also including our own time-sensitive, cyber-promotions of the research over on Ardent Partners (they will be time-sensitive, so make sure to check back in regularly). But first, a word from our sponsors:
In all seriousness, we greatly value and appreciate the support of our sponsors. So, if you enjoy this site, I hope you can show your appreciation by visiting our sponsors’ websites and investigating their solutions.
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We begin by presenting our first Lead Sponsor, Hubwoo, a provider of a cloud-based suite of solutions that cover the source-to-settle process. Hubwoo also has one of the largest supplier networks in the world. Here is how they describe themselves:
Hubwoo is the world’s leading provider of Cloud Procurement solutions powered by SAP® software. No large upfront license fee required. Companies pay a subscription fee to use our world-class solutions, services, and support. Spend Analysis as-a-service, powered by SAP® BusinessObjects Spend Performance Management. Sourcing as-a-service, powered by SAP® Sourcing. Contract lifecycle management as-a-service, powered by SAP® CLM. eProcurement as-a-service, powered by SAP® SRM. Supplier network of over 110,000 active suppliers. Catalog content management and search engine as-a-service. Invoice management as-a-service. Integration-as-a-service. Complementary services from strategy, to sourcing, to implementation, ensure our clients’ success. www.hubwoo.com