Tag: Retailing

More than 85 percent of the world’s online population has used the Internet to make a purchase — increasing the market for online shopping by 40 percent in the past two years — according to the latest Nielsen Global Online Survey on Internet shopping habits. Globally, more than half of Internet users have made at least one purchase online in the past month, according to Nielsen.
Among Internet users, the highest percentage shopping online is found in South Korea, where 99 percent of those with Internet access have used it to shop, followed by the UK (97pct), Germany (97pct), Japan (97pct) with the U.S. eighth, at 94 percent. Additionally, in South Korea, 79 percent of these Internet users have shopped in the past month, followed by the UK (76pct) and Switzerland (67pct) with the U.S. at 57 percent.
Globally, the most popular and purchased items over the Internet are Books (41pct purchased in the past three months), Clothing/Accessories/Shoes (36pct), Videos / DVDs / Games (24pct), Airline Tickets (24pct) and Electronic Equipment (23pct).
Credit cards are by far the most common method of payment for online purchases — 60 percent of global online consumers used their credit card for a recent online purchase, while one in four online consumers chose PayPal. Of those paying with a credit card, more than half (53pct) used Visa.
According to Nielsen, online shoppers tend to stick to the shopping sites they are familiar with, with 60 percent saying they buy mostly from the same site. “This shows the importance of capturing the tens of millions of new online shoppers as they make their first purchases on the Internet. If shopping sites can capture them early, and create a positive shopping experience, they will likely capture their loyalty and their money,” said Paul.