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Posts in Ecommerce

Utube sues YouTube, seeking pay-out

uTube sues YouTubeAn American tubes and pipes manufacturer whose website is registered at utube.com is suing YouTube after being deluged with traffic from millions of users mistakenly seeking the video sharing network.

Universal Tube and Rollform Equipment Corporation said the cost of hosting utube.com had skyrocketed in the last couple of months thanks to the word-of-mouth popularity of youtube.com.

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Pay-as-you-go VISA voucher to lure wary shoppers online

A new pay-as-you-go Visa voucher for online shopping has been released today, in an attempt to get more people shopping online.

Figures from the 3V Transaction Services ‘online shopper’ study reveal that around a fifth of people want to shop online but are reluctant to do so, and that over 9 million people in the UK are left behind by the online shopping boom.

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Tesco to move into online clothes sales

Tesco reportedly plans to begin selling clothes over the internet next year via its non-food etailer, Tesco Direct.

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Christmas shoppers WON'T cost UK businesses £7 billion

Employment experts suggest that the cost to business of employees surfing the net for their Christmas shopping on company time could be £7 billion this year, although frankly this research is somewhat misleading.

The prediction comes from the Employment Law Advisory Service (ELAS), which advises employers to lay down rules for staff to minimise the risk of losing hours to internet shopping.

All things considered, this sounds a bit Orwellian for our liking. But first, let's look more at this ELAS research...

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Report shows influence of internet on offline sales

New research once again proves the influence of the internet on both online and offline sales. A study has shown that 77% of electronics purchases are researched online before customers head to a store.

The results of the US-focused study indicates that online research time increases in line with product prices.

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Online games retailer goes out of business

Gadget etailer Lik-Sang.com has been forced to shut down following a London High Court ruling last week that it was illegally importing Sony's PSP consoles from Asia to Europe.

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The average Briton has spent £600 online so far this year

A survey by the Royal Mail has revealed that consumers in the UK spent an average of £609 online so far this year, with catalogues fuelling this spending increase.

The survey showed a link with catalogues, with 61% of consumers consulting one before making an online purchase, while 83% regularly use catalogues before buying online.

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Rise in profits announced by eBay

Internet auction site eBay has announced a 10% rise in its third-quarter profits, posting a 31% increase in sales, to $1.4 billion (£748.9m) in the three months up to September. The company's net income was $281 billion.

The profits rise was driven by a growth in its auctions; its payment service PayPal increased revenue by 41% over last year’s third quarter results.

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Carphone Warehouse to auction mobile phones

Carphone Warehouse has launched a new auction website dedicated to the sale of mobile phones and accessories in an attempt to compete with eBay in this space.

The site, mymobileauction.com, offers buyers the chance to search and bid for mobiles as they would on eBay, and allows those looking for a mobile to narrow down their search.

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Online safety scheme to get revamp

Word has reached us that the Interactive Media in Retail Group (IMRG) is preparing to re-launch its ‘Internet Shopping Is Safe’ scheme, which aims to reassure UK consumers about online security.

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Jobs shrugs off Zune threat

Apple boss Steve Jobs has laughed off fears over Microsoft’s threat to the iPod through its upcoming digital music player, Zune.

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Online sales volumes rose dramatically in 2005

A survey released today by the Office for National Statistics shows the increasing popularity of e-commerce among businesses, with a massive rise in online sales volumes last year.

The ONS e-commerce survey, based on results from businesses with 10 or more employees, shows rapid growth both in the use of Information and Communications Technologies, and the value of trade over the internet.

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