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Online Shopping Downturn ?

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The recent credit crunch is hitting online stores too. Well, this is what the media are saying. The BBC reports that “Online shops are suffering the same fate as the High Street with fewer customers spending money.”  Yet in amongst all this our SEO clients are reporting good sales and higher profits.  Whilst its not possible of course for us to monitor every area of the marketplace we don’t subscribe to the somewhat doom and gloom forecast that the media portray.

Comparison websites like Kelkoo are seeing a rise in traffic as are those offering voucher discounts and money saving ideas, whatever the economic climate there will always be people who spend.

I’d like to ask this question: Is consumer confidence really that low at the moment ?

Recent developments such as the EU expanding online shoppers rights should inspire the consumer to spend too.

6 Comments

  • Jojo 1631 days ago

    http://www.internetmarketing-news.de

    I personally think consumption is strong and the media ist painting a wrong image about the situation. Especially onlineshops seem to have so far a strong christmas business. Possibly it could have been better without the crisis, but by all means, it is not that bad …

    Reply
  • Ben McKay 1631 days ago

    http://www.justmeandmy.com

    It’s funny, when the headlines about the economy really kicked off in October, my largest client saw only a no change in revenue compared to last year and was up again last month and has had a phenomenal start today…the media sucks…

    Ben

    Reply
  • Elaine Forth 1630 days ago

    http://www.allkids.co.uk

    We’re definitely seeing an increase on the same time last year with sales and basket value both higher – and we’re purely internet based.

    Reply
  • Georgi Georgiev 1628 days ago

    http://geo.blog.bg

    As far as I can see top 5 comparison shopping websites are experiencing the seasonal rise in November and December. The graph show very clearly a repeating pattern. At least this comes to show that holiday shopping might not be as bad as they say it will be.

    Reply
  • David Coveney 1622 days ago

    http://www.per-so-na.com/marketing/

    Living in the city centre I have noticed how busy it’s getting. I do see a lot of people with loads of Primark bags, hate to generalise, confidence is there; it’s more like a budget Christmas. Of course it’s different for every individual and every business. I think I’ve got all of my shopping done. About 90% was online. I’m still waiting for a couple of things to arrive and then it’s wrapping time.

    Reply
  • Online Shopping Centre 1488 days ago

    http://www.shoppershub.co.uk/

    I don’t think consumer confidence has been affected with regards to online shopping. Infact, more and more customers are now realizing the advantages of comparison shopping..

    Reply

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