Managed Hosting News

 Monday, 25th June 2012, 09:54:49

E-commerce spend by over-50s up 25 per cent

E-commerce spend by over-50s up 25 per cent

There has been a significant increase in the amount of online shopping conducted by consumers aged 50 and over, new research shows.

According to a study by Saga Platinum Credit card, the number of e-commerce purchases made by older shoppers has surged by 25 per cent since 2010.

This can partly be attributed to the increasing popularity of mobile devices among the over 50s as 27 per cent of respondents said that they own a smartphone or tablet.

The main driving force however is the popularity of music downloads from sites such as iTunes, as there has been a seven-fold increase in the number of online shopping transaction for music.

Roger Ramsden, chief executive of Saga Services, noted that modern older Britons embrace new technology and are not fearful of it.

"They are savvy and confident shoppers on-line and enjoy the convenience and ability to shop around at the click of a mouse," he said.

Recent figures from the Office for National Statistics showed that in May, nine per cent of all UK retail sales (excluding automotive fuel) were made online.

Posted by Phil Williams 

Count on Hostway to help you deliver a secure, around-the-clock online shopping experience to your customersADNFCR-1984-ID-801392011-ADNFCR


Categories:  |  Online Marketing / Search  |  Ecommerce  |  


Related Headlines:

 20-06-2012: Brit firms fail to capitalise on e-commerce market

 18-06-2012: UK e-commerce growth to be focus of Olympic event

 15-06-2012: Mobile e-commerce sites have room for improvement

 13-06-2012: E-commerce retailers 'unshackle customers'

 13-06-2012: M-commerce surge causes higher bounce rates, experts warn

Previous Headlines:

 21-06-2012: LinkedIn sued for £3.2m over security breach

 20-06-2012: Brit firms fail to capitalise on e-commerce market

 20-06-2012: Brit firms fail to capitalise on e-commerce market

 19-06-2012: ICO releases small business IT security guide

 18-06-2012: UK e-commerce growth to be focus of Olympic event


Meet the News Team...

CALL: 0808 180 1880

or just email our Sales Team if you have any questions about any of Hostway’s services.


News Categories:

Read the latest headlines from these selected categories...


News Archives:

Previous headlines...

* All prices exclude VAT where applicable. All plans, packages and offers are subject to terms and conditions of sale available on the site.

© Hostway Corporation. All rights reserved.

A global web hosting leader, Hostway has strategic locations in the United States and Europe, including the Netherlands, Belgium, France, Romania and Germany, as well as Korea, India, and Australia.