Industry News (good)

[jess1]

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New research by internet payment provider PayPal has found that 87% of internet users in the UK are happy to buy goods and services online costing over £50. This figure is up from just 63% in February 2004.

One in three web users said they are happy to spend over £500 on a single item, according to the survey. The average Briton now spends £157 online each month, with around 25% of shoppers making a purchase online at least every month. 14% admit to shopping on the internet on a weekly basis, according to PayPal.

Over 50% of consumers said they use the internet alongside the high street; 26% of respondents said they have viewed products in shops before buying them online, while 25% research products online and then buy them from a shop, the survey found.

42% of men said they would be happy to spend more than £500 in a single online transaction, compared to just 20% of women. The research found that men also buy more on the internet, making an average of 20 purchases each month, compared to 16 for women.

Geoff Iddison, chief executive of PayPal UK, said: "People are feeling safer about internet shopping and are increasingly happy to spend big sums on single items." Source IMRG

[christh]

14% admit to shopping on the internet on a weekly basis, according to PayPal.

'Admit to'? Filthy habit this online shopping Weighted or just poor journalism? Seems odd for an article that should be 'bigging up' shopping online. I'm probably overanalysing, anyway, it's good news! So long as we can continue to get our piece of the action without the corporations muscling in it's all good.

[monk-i]

I wonder what the extra 4 things blokes are buying online....???

Haha good news!

[jess1]

Christh

So long as we can continue to get our piece of the action without the corporations muscling in

Care to expand a bit on that... do you mean muscling in on affiliate marketing?

[christh]

Hi Jess. Yeah, aff. marketing is what I meant. And by corporations I meant that big one beginning with a 'G' that doesn't mind treading on toes constantly and ripping up the rulebook every few months!

[jess1]

ah the big G.... well maybe we ought to be telling our visitors about the different search options? Yes agree