If you missed the Internet Retailer Conference last week in San Diego, the sessions provided lots of tips, dos and don’ts, and also trumpeted all the latest trends in the online marketing world and the new world order in social and mobile commerce. Most are things we already understand but still need the experts to confirm for us (and make us feel better too!):
• 96% of top 500 Fortune companies are doing social media and social commerce
• 50% of the top Fortune 500 are doing mobile apps and commerce
• Trend now is to year-round free shipping by online retailers including LL Bean, Newegg and EBay
• 37 Million people now have five or more connected devices (how many is too much?)
• By 2020, there will be over 50 billion connect devices
• People research online and via mobile, while more still buy online, mobile offline is growing fast (now above current $100 billion per year)
• For eCommerce buyers today, there is no significant distinction in expectations between buying online or mobile
• With 123 Million connected TVs by 2014, TCommerce promises to do the same (from our couch)
All these IRCE numbers and the experts at the show tell us that the new world is here…and prove to us that if we’re not selling online, mobile and social…we’re losing market share…
I think all of us know the trajectory of this story line and we are all doing some type of evangelizing in our companies and to our clients to make the new order for our digital life. However, as I talked to more and more of the IRCE exhibit floor warriors last week, I am began to think that the marching orders are being lost along the road to the digital nirvana. Many are still stuck in their silos, with stale and hard to fix websites, with disconnected ecommerce, social and content platforms…and worse, there is still a disconnect between IT and Marketing, and the ability to understand and link sales made with those lost in the Cloud.
Hold on now as things are just about to get more complicated with Commerce 3.0!
I know everyone is on top of their game at the new intersection of all of today’s new technologies. Please raise your digital hands if you have all of these technologies covered for your customers (stuck in the middle) in the new digital world…

Figure 1 Commerce 3.0 Technologies
OK, so there aren’t too many hands out there right now…yes this all takes time to work this to connect all these dots. Besides we don’t all have the resources of Google, Apple and EBay.
So how are the big boys connecting the dots with their bigger pockets and ideas?
For EBay, the answer is X.COMMERCE. Let’s take a closer look to see if this is just another name for Commerce 3.0 or if it is something new that we can all learn from.
The first thing to know is that EBay continues to develop its mCommerce solutions and enabling technologies as they look to focus on smaller local markets. EBay is developing internal and external capabilities to bring local offline retail inventories online. This effort is very broad in scope as EBay wants to connect buyers with ALL local inventories to enable local sellers looking for global buyers.
To do this EBay is investing over $1 billion in technology investments that will leverage the 100 million EBay users, as well as PayPal transaction and inventory core skills. X.COMMERCE will be a Cloud –based open eCommerce platform and is the result combination of core EBay assets with the addition of its recent acquisitions of GSI Commerce (eCommerce Services Provider) and Magento (medium and small business eCommerce platform).
That’s quite a lot to follow…so let’s take a breath here and break it down into something manageable…

With the quick comparison map above, it looks like X.COMMERCE maps well to an integrated Commerce 3.0 platform that delivers commerce online, mobile, and social commerce, digital intelligence, open capabilities and developer networks along with lots more content (including local).
X.COMMERCE lets EBay realize a more complete selling solution and a further transformation of EBay beyond the online store focus to a new customer centered anywhere commerce focus. With X.COMMERCE, EBay looks to:
• Connect transactions of buyers and sellers closer to customer where they both are (local + global)
• Engage buyers with on the fly digital marketing across both broad and niche communities
• Drive technology for seamless online and mobile self-service & selling anytime, anywhere, any store to any device.
In part two of our IRCE blog we’ll talk more about Commerce 3.0 and how all businesses can move beyond disconnected silos to do exactly what EBay is doing with X.COMMERCE (and what others are doing including Amazon, Apple, Google, Comcast, Verizon etc…). Thanks so much for reading Valtech’s blog and please let me know if you have any questions or comments!
Jordan Scott, Valtech New York, June 22, 2011.
Business Development Manager, Digital Consultancy
245 Park Avenue, 39th Floor
New York, NY 10167
Jordan.Scott@valtech.com
http://www.valtech.us/us/index/ebusiness.html
www.valtech.us
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