January 19, 2001, 12:00 AM

Online Shopping For The Holiday

Don Davis

Editor in Chief

Consumers surveyed by Deloitte & Touche say they expect to spend 25% of their total holiday shopping budgets at Internet retailers. "This is a significant increase," says Ed Carey, Deloitte & Touche's cochairman of consumer business practice. "The number last year was less than 5%." The survey found that Internet security was still a concern for consumers, but their comfort level is growing. Of the 600 consumers that responded to the online survey, 20% said they were very concerned about giving their credit card number over the Internet, 50% said they were "somewhat" concerned, and 30% expressed no concern at all. "As people conduct more transactions over the Internet, security will become less of an issue," says Carey. "There will be cards introduced like the American Express Blue card, which provide new security mechanisms, but in the long term people will become less concerned with Internet security and use the credit cards they have in their wallets today to make purchases over the Internet."

Comments

Sign In to Make a Comment

Comments are moderated by Internet Retailer and can be removed.

Not a member? Signup for free today!

Advertisement

Advertisement

Advertisement

Relevant Commentary

FPO

Jason Squardo / Mobile Commerce

Five tips for achieving high mobile search rankings

Searches on mobile devices will soon exceed those on computers, Google says. Retailers that keep ...

FPO

Sergio Pereira / B2B E-Commerce

Quill turns to its B2B customers for new ideas

Coming in April is a new section of Quill.com that will let customers and Quill ...

Advertisement