Andreas Engel - BizDev & Marketing Consulting
andreasengel.com
Friday, February 15, 2008
  Trends in Online Shopping
Keeping myself informed about the American market the Pew Internet & American Life Project is an excellent independent resource to gather trusted, high-quality information. The key findings of a recent publication (PDF) were:
'American internet users have embraced online shopping because they say it is convenient and a time-saver.'
'At the same time, most online Americans have high levels of concern about sending personal or credit card information over the internet.'
'More than half of internet users encounter frustrations and other frictions in the course of online shopping.'
So the most influencing factors for online shopping are still convenience, trust and quality of information. However people's behavior in researching buying related information and decision making has changed during the last months:eCommerce maturing in the US is moving "full steam ahead" and is years away from saturation, with double-digit growth expected for several years. As experience showed easy to use tools do have a huge impact on the way people and companies interact in communications, digital media and business. Web 2.0 features give control to the user, increase brand loyalty and customer retention and can make products and services benefit from a word-of-mouth.

Labels: , , ,

 
Comments: Post a Comment

Links to this post:

Create a Link


<< Home

'People's behavior in researching buying related information and decision making has changed during the last months. Their favorite methods include researching buying related price comparison sites, RSS-feeds, review sites, blogs and travel sites, while consumer generated content and peer-reviews have a huge impact on their decision making.'
SubscribeSite Feed | Skype MeMy status | eMailGmail | Homea

My Photo
Name: Andreas Engel
Location: Düsseldorf, NRW, Germany

BizDev & Product Management | eCommerce, PMI, ITIL

Twitter Updates
follow me on Twitter

Previous Posts
Handling Open Web Application Security
Google Reader Does not Like Special Characters
A Favorite Ski Resort, l'Espace Killy, Val d'Isere...
Perfect Open Source Project Management on a Linux ...
Consumer Recomendations more Influencing than ever...
Vodafone UK Part of Google Checkout Network Now
Fascination Speed: New MB World Speed Record
Next-generation Communications and Collaboration w...
Chinese Alipay Launched as a Global Payments Optio...
Yesterday's Fabulous Horse Racing Event in D.

Tagging Thing
Ajax | Branding | Checkout | Collaboration | Diving | Entertainment | Checkout | Google | Lifestyle | Movies | Photos | Strategy | Networking | Productivity | Videos | Web 2.0

Strategy Evaluaton
Current and Future eCommerce Challenges (HTML)
Spotlight 2.0 (HTML) | (PDF MindMap)
TnT 2.0 (PDF MindMap)