PayPal To Expand Service In Europe
Online payments company Paypal has received a banking license in Luxembourg and will move its European operations there. The move will enable the company, which is owned by eBay, to increase the number of online retailers offering its service. With 23 percent of European online shoppers favoring PayPal and 100,000 retailers using the service, only [...]
Online Shoppers Loyalty
DoubleClick Performics has released the results of their Consumer Loyalty Survey, which examined what factors determine loyalty to an online retailer. "When it comes to loyalty and rewards programs, this research shows consumers often seek the best value," said Stuart Frankel, president of DoubleClick Performics. "Seven out of ten consumers shop multiple Web sites before [...]
Online Jewelry Sales Rose 20 Percent In 2006
Online jewelry sales in the U.S. market hit $2.45 billion in 2006, an increase of 20 percent from 2005, according to data from IDEX Online Research. Online sales comprised 3.9 percent of all jewelry sales of $63.0 billion in 2006. The conventional wisdom at the start of e-commerce was that online sales of jewelry would [...]
Online Shoppers Unhappy With Return Process
In a PriceRunner survey of 400 shoppers who have been purchasing items online between one in five years found that close to 40 percent of survey respondents were not satisfied with returning items they had purchased online. The main reasons given for returning an item online were, an item was damaged, the wrong item was [...]
EBay Still the Leader in Online Shopping Sites
EBay’s still king of the online shopping ring, and then some, according to numbers released by Hitwise. Amazon, Wal-Mart, Craigslist, and Target combined can’t match the grip the incumbent online auction powerhouse holds on the online shopping public. In February, eBay.com attracted 18.5 percent of all visits in Hitwise’s Shopping and Classifieds categories, followed by [...]
Aggregate Knowledge and Bazaarvoice Partner
Aggregate Knowledge and Bazaarvoice have teamed to integrate their user-generated product reviews services and will offer it to their mutual ecommerce customers. The integration will allow online shoppers access to the personal experience of others as they shop for items online. Integrating user-generated reviews into the Aggregate Knowledge Discovery Services platform will add value to [...]
Europeans Buying More Online
Europeans are spending more time online and many are shopping online as well. Since they are spending more time online they are also purchasing more items. In a new report “Mediascope Europe 2006 Study”, sponsored by the European Interactive Advertising Association (EIAA) with research from Synovate says that 78 percent of European Internet users shop [...]
MSN adCenter Showcases New SEM Offerings
In the face of recurrent search losses, this week Microsoft showed off what its much-touted adCenter Labs has been working on. At Demo Fest in Redmond, Mr. Softie showcased what the company called “breakthrough digital tools” focused on improving keyword and content technologies, ad selection and relevance, audience intelligence, social networking, video, platforms, and devices. [...]
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