|
|
|
|
|
|
|
|
|
|
|
According to NOP World, 48% of all Internet users have researched or purchased financial products such as insurance and loans on the internet, or used online banking facilities. In April, NOP World had already recorded estimates of 28 million people online in Great Britain, with 13.5 million exploiting the Web for their financial requirements.
NOP World's report showed that of the financial activity, most was research related; as 84% of Internet users seeking financial services used the Internet to gather information, utilising sites such moneynet.co.uk and moneysavingexpert.com. Over half of the users surfing the Web for financial information were happy to contact suppliers via their websites and e-mail.
Although only 3.3 million consumers bought loans and insurance online last year, NOP state that confidence in buying such products over the internet is growing, with recent figures showing an increase of 43% in people researching, then purchasing online.
Internet banking is also increasing in significance. There are now over 10.3 million consumers managing their bank accounts online, a result of increased confidence for the consumer and simplification of front-end technology by financial organisations and providers.
Despite the positive news, finance companies could go further in encouraging consumers to take up the internet as a tool to manage their finances. NOP World has additionally reported that many online accounts remain dormant stating that the problem affects all banks "even specialist online providers, with dormancy rates ranging from as low at 10% to as high as 80%". Moneynet.co.uk, Moneyextra and Moneyfacts.co.uk, online comparison and information websites, specialising in personal finance, have already tried to resolve the issue of consumer apathy and financial lethargy by introducing product guides to explain complex terminology.
For further information:
http://www.nopworld.com
http://www.moneynet.co.uk/
About our Rachel:
Rachel writes for the personal finance blog Cashzilla: http://www.cashzilla.co.uk
Rachel has all her own teeth.
Is shopping online becoming popular and safe enough for you... Read More
This article will explain in depth the steps needed to... Read More
Anyone with an online business, whether for auctions, services, or... Read More
One bright spot on the economic horizons around the world... Read More
This isn't the first time I have written about the... Read More
Three years ago I was doing some work for a... Read More
This may not be a popular view, but I think... Read More
With a third party merchant account you will have a... Read More
In spite of the increasing attention on how the Internet... Read More
PayPal is secure in its domination over the electronic payment... Read More
Have you ever gone grocery shopping just before a holiday?... Read More
The Lowdown on EcommerceEcommerce is truly the most confusing aspect... Read More
What is a Stakeholder?Try "define: Stakeholder" in Google and you... Read More
Often the simplest Web stores have the most success. But... Read More
Did you know that one of the best ways to... Read More
Get out of the way and make it easy for... Read More
With consumers purchasing billions of dollars of merchandise online each... Read More
What a great idea! Start accepting credit cards and watch... Read More
In theory you could create a retail web site with... Read More
1. You didn't follow up after the first sale. After... Read More
Because of this encouraging surge in activity, many individuals are... Read More
The virtual corporation is the emerging organisational form, which best... Read More
So you want to start a business? Good for you.... Read More
The birth of the Internet and the mass availability of... Read More
The Internet is the fastest growing source of mail order... Read More
In 2004, Enquiro.com conducted a study of the search behaviors... Read More
The problem with most e-commerce marketing strategy today is that... Read More
Did you know that 80% of all sales are made... Read More
After building and transferring many e-commerce sites it still amazes... Read More
Building BridgesI have often used the analogy of building a... Read More
Can you encounter the number of times where a Credit... Read More
Having a successful member only, paid membership site is one... Read More
There are so many metrics surrounding direct marketing. So many... Read More
If you have been wrestling with the idea of applying... Read More
The chief criteria for judging an ecommerce shopping cart are... Read More
Online shopping is convenient, but many companies whose web sites... Read More
The 21st century has introduced the world to a new... Read More
When it comes to e-commerce, the time-tested cliché is, "Content... Read More
The Internet brought a great deal of benefits to our... Read More
In the last column we discussed the process of credit... Read More
Our website, Best Of The Home, has been listed in... Read More
For some people, shopping online is as normal as driving... Read More
The days of easy money are overIn these post-dot-com days... Read More
China's IT industry is expected to see a sales revenue... Read More
Only a few manage to sell everything under the sun... Read More
PayPal is secure in its domination over the electronic payment... Read More
This article will show small businesses how to get free... Read More
Internet has opened a new era of business opportunities. Each... Read More
This article will explain in depth the steps needed to... Read More
There are two major ways to accept credit cards on... Read More
E-commerce E-commerce |