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 and 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%"., Moneyextra and, 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:

About our Rachel:

Rachel writes for the personal finance blog Cashzilla:

Rachel has all her own teeth.



Evening Standard

Chinese Government Takes Aim at E-Commerce Giant Alibaba
New York Times (blog)
HONG KONG — In unusually blunt criticism, a Chinese government agency on Wednesday took aim at the e-commerce giant Alibaba Group for what it said were unlicensed merchants, fake goods and other illegal practices on its hugely popular shopping ...
China attacks e-commerce giant Alibaba over fake goods and briberyEvening Standard
Nearly 40% of inspected products on Chinese ecommerce sites are fake ...Tech in Asia
E-commerce Alone Won't Save the Chinese Retail IndustryCKGSB Knowledge
Forbes -South China Morning Post (subscription) -PC World
all 142 news articles »

FMCG products slowly gaining traction in India's booming ecommerce market
Economic Times
"Overall in ecommerce, we believe that after ticketing, electronics and fashion categories, FMCG is going to be the next wave that this industry would ride on. The beauty of this segment is that a customer exactly knows what his/her consumption ...

and more »

To Buy or Not to Buy: How Increased TV Watching Impacts E-commerce
All of which leads to an interesting question: Does e-commerce decline on days when TV viewership surges? Or, on the other side of the coin, will people spend more money shopping online if, for example, the big game turns into a boring blowout, or when ...

Daily Report: Seeking E-Commerce Supremacy in China, One Delivery at a Time
New York Times (blog)
The company is in a pitched battle for e-commerce dominance in the world's second-largest economy after that of the United States. While Alibaba's marketplace serves as a platform to connect buyers and sellers, JD buys goods from manufacturers and ...

and more »

How to Hire an Ecommerce Consultant in 2015
Practical Ecommerce
An ecommerce consultant can bring insights, information, and expertise that a small or mid-sized retail business doesn't have. But hiring an ecommerce consultant can be relatively expensive, so you'll want to make certain you get a good one. Ecommerce ...

Digital River Expands in India Through a Partnership with Ecommerce Provider ...
The partnership, which combines the power of Digital River's Global Commerce platform with NDS' reseller services and local ecommerce expertise, will enable global merchants to offer preferred payment methods and local customer support services for ...

and more »

China's $2T E-Commerce Market
The numbers from China's Ministry of Commerce include online B2B transactions along with sales from online retailers and e-commerce platforms like JD and Tmall. Total Chinese retail sales totaled 26.2 trillion yuan ($4.2 trillion) in 2014, up 12 ...

Government Should Stay Miles Away From E-Commerce: DIPP Secretary
The government should stay miles away from e-commerce and allow it to flourish, Department of Industrial Policy and Promotion (DIPP) secretary Amitabh Kant told NDTV on the sidelines on the World Economic Forum meeting at Davos. "I am totally against ...

and more »

E-commerce transforms lives of blue-collar workers, earning as much as their ...
Economic Times
NEW DELHI/BENGALURU: Two years ago, AS Pandey, a driver with an international travel house, ferried guests at Delhi's fivestar hotels in luxury cars, earning about Rs 25,000 a month. Life changed when Pandey financed a vehicle and enrolled himself as ...

The Guardian

How to launch a successful e-commerce business
The Guardian
Rainwave, a small business that designs rain-proof ponchos, uses a combination of pop-up shop and e-commerce to sell its range. Last year founders and designers Julia Wonke and Katy Isaacs created a pop-up shop in London's Chelsea and in Victoria.

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 - All Rights Reserved.