Ecommerce Information

Mr and Mrs Smith Go Online, as Internet Technology Moves from Fantasy to Normality


According to NOP World, 48% of all Internet users have researched or purchased financial products such as insurance and loans on the internet, or used online banking facilities. In April, NOP World had already recorded estimates of 28 million people online in Great Britain, with 13.5 million exploiting the Web for their financial requirements.

NOP World's report showed that of the financial activity, most was research related; as 84% of Internet users seeking financial services used the Internet to gather information, utilising sites such moneynet.co.uk and moneysavingexpert.com. Over half of the users surfing the Web for financial information were happy to contact suppliers via their websites and e-mail.

Although only 3.3 million consumers bought loans and insurance online last year, NOP state that confidence in buying such products over the internet is growing, with recent figures showing an increase of 43% in people researching, then purchasing online.

Internet banking is also increasing in significance. There are now over 10.3 million consumers managing their bank accounts online, a result of increased confidence for the consumer and simplification of front-end technology by financial organisations and providers.

Despite the positive news, finance companies could go further in encouraging consumers to take up the internet as a tool to manage their finances. NOP World has additionally reported that many online accounts remain dormant stating that the problem affects all banks "even specialist online providers, with dormancy rates ranging from as low at 10% to as high as 80%". Moneynet.co.uk, Moneyextra and Moneyfacts.co.uk, online comparison and information websites, specialising in personal finance, have already tried to resolve the issue of consumer apathy and financial lethargy by introducing product guides to explain complex terminology.

For further information:
http://www.nopworld.com
http://www.moneynet.co.uk/

About our Rachel:

Rachel writes for the personal finance blog Cashzilla: http://www.cashzilla.co.uk

Rachel has all her own teeth.

  


MORE RESOURCES:

Indian ecommerce melting pot reaches boiling point
FT.com (registration) (blog)
India's ecommerce market is on a rocket-like trajectory. The success of home-grown players such as Flipkart and Snapdeal has grabbed investor attention and now venture capitalists and global tech giants are flocking from China and elsewhere in the hope ...

and more »


Marketing Land

U.S. E-commerce Retail Sales Hit $261B In 2013, Annual Census Data Shows
Marketing Land
E-commerce sales for U.S. retailers grew 13.6 percent to $261 billion in 2013, up from a revised $229 billion in 2012, according to the latest annual report from the U.S. Census Bureau. Taken from a compilation of survey data, the E-Stats 2013 ...



EBay Breaks Out As E-Commerce Rivalry Heats Up EBAY GOOGL AMZN WMT ...
Investor's Business Daily
Meanwhile, Amazon (NASDAQ:AMZN) is heading up the competition against Wal-Mart (NYSE:WMT). The e-commerce giant announced Thursday that it will begin to offer free same-day delivery for Amazon Prime members. Amazon rose 0.7% intraday Friday.

and more »


Diginomica

Dangdang's Yu Yu envies faster-growing ecommerce rivals
Diginomica
When looking at the e-commerce market of late it's been impossible not to factor in the supposed threat from the advance into western markets of Chinese giants, such as Dangdang and Alibaba. Some conventional wisdom suggests that the threat from the ...



Times of India

Now, eBay MD Latif Nathani questions e-commerce model; agrees with Future ...
Economic Times
NEW DELHI: Brick-and-mortar retailers questioning the modalities of foreign funded ecommerce marketplaces in India are finding an unlikely backer — American ecommerce firm eBay Inc that also operates a marketplace in India. "There is confusion and the ...
e-tailers' plan earns an unlikely critic: eBay India chiefMoneycontrol.com

all 5 news articles »


Forbes

What Do Investors Need To Know About E-Commerce In Mexico?
Forbes
Mexico's e-commerce market is quickly becoming one of the most dynamic growth sectors in the country's economy. Companies such as Amazon, Best Buy, Wal-Mart and Palacio de Hierro are all investing in e-commerce in Mexico. I checked in with David ...



E-Commerce China Dangdang (DANG) in Focus: Stock Tumbles 15.4%
Zacks.com
E-Commerce China Dangdang Inc. (DANG - Snapshot Report) saw a big move last session, as the company's shares fell by over 15% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session.

and more »


HighJump Acquires Ecommerce Platform
Multichannel Merchant
HighJump, Nexternal, ecommerce, ecommerce platforms, omnichannel, omnichannel fulfillment, warehouse management Supply chain management solutions provider HighJump has acquired Nexternal, a cloud-based ecommerce platform provider, the ...



Technology Zimbabwe

Econet hires former Rocket Internet CEO to head e-commerce division
Technology Zimbabwe
So, Rocket Internet, the clone factory, also has the reputation of being an entrepreneur factory of sorts. The leaders of its startups are a sought after bunch because of their experience gained from a global company known for relentless focus on ...



Entrepreneur

Yelp Offers Fashion Retailers New Ecommerce Option
Entrepreneur
The company said today that it will enable consumers to shop for local fashions directly on Yelp thanks to a new partnership with Shoptiques.com, an ecommerce site launched by Y Combinator grad Olga Vidisheva in 2012. Shoptiques vends fashions from ...

and more »

Google News

Article List | Index | Site Map
All logos, trademarks and articles on this site are property and copyright of their respective owner(s).
The comments are property of their posters, all the rest is Copyright © 2006 CanadaSEEK.com - All Rights Reserved.