- Irish consumers will spend €257 million online this Christmas Irish consumer are expected to spend €257 million online this Christmas, with today, Cyber Monday, set to be the single busiest day in terms of online trade during this holiday shopping season.
- Shoppers are no longer impulsive, study finds Shoppers are no longer impulsive. A recent study from Deloitte has found that nine out of 10 shoppers know what they're purchasing before entering a physical store - all thanks to research first conducted online.
- YouTube to begin selling merchandise, music and concert tickets YouTube has announced plans to allow artists to begin selling merchandise, music and concert tickets directly within their own YouTube channel. The video sharing site also revealed that they receive a massive 800 million visits per month.
- IEDR announce names of ten Irish companies who will share €100,000 e-commerce fund The IE Domain Registry (IEDR) has announced the names of ten Irish companies who will share its e-commerce website development fund of €100,000. The OPTIMISE fund will be shared equally among the ten recipients, each receiving €10,000 worth of technical and marketing expertise.
- Conversion rates down 55% among online shoppers Online conversions rates among UK shoppers are down almost 55% in the past five years, according to the latest IMRG Capgemini e-Retail Sales Index. In 2006 the average online conversion rate was 8.4%, but this figure has steadily declined to 3.8% in 2011 as consumers shift from 'online purchasing' to 'online shopping'.
- Shopping technology fears and how to get over them [Infographic] TabJuice, a leader in social commerce, have created this nice infographic that illustrates initial shopping technology fears through the ages and how we overcame these. Fears over technologies like the credit card, online shopping and online banking as they emerged have largely subsided, only to be replaced by the next emerging shopping technology; social commerce.
- Tesco to offer free Wi-Fi in stores Tesco is planning to offer customers free Wi-Fi in stores across the UK, possibly the first such move by a supermarket chain operating in Britain. It's hoped that providing free internet access will help bolster domestic sales.
- Irish online yearly spend approaches €3 billion Irish consumers spent €2.96 billion online in 2010 according to research published earlier this week by Visa Europe. This represents an increase of 39% from 2009 figures, where an estimated €2.13 billion worth of purchases took place.
- IE Domain Registry launches €100,000 e-commerce development fund The IE Domain Registry (IEDR) has today launched a new e-commerce website development fund aimed at Irish small and medium enterprises (SMEs) called OPTIMISE. The fund is worth €100,000 in total and hopes to encourage Irish businesses to realise the potential of selling online.
- Mobile payments up 300% during Christmas shopping season PayPal, the world’s most popular online payments and money transfer service, have today announced that they’ve witnessed a three hundred percent increase in payments made on mobile devices during the official Christmas shopping season, when compared to the same period last year.