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Report: Retailers of digital goods spend $10 million annually on fraud
Everyone knows fraud is costly, but it be more expensive than you think.
In addition to typical fraud costs, such as the loss of goods and chargeback fees, merchants that sell digital goods, such as MP3 files and streamed movies, each spend an average of $10.1 million every year on fraud-related costs.
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Amazon commands nearly half of consumers' first product searches
Amazon’s dominance in the $300 billion American e-commerce market is stronger than ever, according to a new survey.
A Survata study commissioned by BloomReach reports that in a survey of 2,000 U.S. consumers, 44% bypass the entire Web and go directly to Amazon first to search for products, compared to 34% who use top search engines like Google, Bing and Yahoo!.
As recently as 2012, Forrester found that only 30% of consumers research products on Amazon first.

