Tag: shipping

Online Shoppers Wary Of High Shipping Costs

Close to half (45%) of online shoppers have abandoned their carts multiple times in the past three weeks due to high shipping costs, security concerns and lack of convenience, according to a new survey released by PayPal and conducted by comScore.
High shipping costs was the most commonly given reason for cart abandonment with the average cost of abandoning U.S. shopping carts reaching $109. The survey found that providing shipping costs upfront might have led to 40 percent to complete the purchase.

Free Shipping Offers Lead To More Online Holiday Spending

Online holiday shopping continues to be on par with last year, with spending through December 14, totaling $20.17 billion, according to comScore.For the first fourteen days beginning December 1 (Cyber Monday), sales totaled $9 billion, up 2 percent compared to a year ago. The most recent week saw ecommerce sales slipping 2 percent.

Amazon To Absorb Holiday Shipping Costs

Online retailers cannot risk raising shipping prices. The sluggish economy combined with high fuel prices are hurting Americans financially but Amazon.com and other online retailers are unlikely to increase shipping costs out of fear of losing customers.Contracts with shippers may protect Amazon and some others as companies look for ways to cut costs. Companies such as Amazon and Overstock depend on low or free shipping to attract business.

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