Everyone's got something to say about online shopping: "It's
the greatest thing since pasteurized eggnog," or "Avoid it
like you avoid touching your tongue to a lamppost in winter."
Before you fill your online shopping cart, take a look at the
tips and advisories these experts provide.
Buyers Beware
"It's open season for counterfeiters," says Michael G.
Kessler, president and chief executive officer of the corporate
investigative firm Michael
G. Kessler & Associates Ltd. This holiday season will entice
multitudes of new Internet consumers. "Now more than ever, let
the buyer beware."
Studies on Internet use have estimated that the actual number of
web users buying online will escalate from 18 million in 1997 to 128
million in 2002.
"There's lots to love about shopping in a house--with a
mouse," says Kessler. "No worrying about weather
conditions, store hours, waiting on line or even what you're
wearing. The ease of the Internet has lured even the most computer
illiterate individuals to learn the magic of a mouse click.
Consumers are responding in droves."
According to a recent survey, gone are the days of a singular
buying source for holiday shopping. Consumers now have a myriad of
options including the Internet. The result could be the strongest
spending increase in five years. More than 40 percent of this
survey's respondents said they now use the Internet, and nearly
two-thirds expect to use it for holiday purchases.
"That's good news for companies, and even better news for
criminals," says Kessler. "The Internet enables fakes to
participate on the same playing ground as established companies.
Computer-savvy criminals can reach an enormous audience simply by
constructing an attractive web site. Counterfeiting reaches epidemic
proportions during the holidays--not only on the streets, but along
the information superhighway."
Cautionary Tips
Kessler advises consumers to protect themselves from becoming
victims, ensuring that what they buy is genuine and that the source
is legitimate:
- Understand risks involved with online auction sites
(complaints about online auction fraud are rising)
- Only purchase name-brand merchandise from reputable sources
- Be leery if prices are significantly below market value.
Ease and Convenience
With a little common sense, online shopping can save time and money,
says Suzy Gershman, author of Born to Shop. "Some seb
sites make the experience of Internet shopping almost like being at
the store, but without the hassle," Gershman says.
"Improved visuals, simple,user-friendly shopping menus and
security precautions are making e-shopping very attractive to
holiday shoppers."
Trend Data
According to data compiled by the Cambridge, Mass.-based Internet
and technology research firm Forrester Researcher, approximately 55
percent of online shoppers are focused on finding the best values,
rather than shopping online for the sheer convenience of not having
to leave home. And those value-conscious consumers make up 80
percent of online purchases under $500.
Out of 29 million households that are online, 10 million are
currently shopping online, according to Forrester's findings. Of the
19 million households that are online, but not shopping online, 80
percent are researching their offline purchases.
On the Rise
Forrester projects that 7 percent of retail sales will come from the
Internet by 2004, but a far greater percentage of sales will have
been researched online, making the Internet an important place for
both online retailers and stores.
Reflecting a definitive upward trend in the awareness and usage
of online coupons, NPD Online Research, a division of marketing
information provider The NPD Group, reports in an October study that
nearly one-third of Internet users are pointing and clipping their
way to savings via online coupons, compared with 23 percent six
months prior.
Potential Cost Savings
"Everyone is interested in saving money," said Steven M.
Golden chairman and CEO of CoolSavings.com Inc., a web site that
provides its members with coupons and rebates from online and
traditional retailers. "CoolSavings brings consumers a variety
of savings opportunities targeted to fit their individual household
shopping interests."
Online Shopping Tips
"The Giver," personality for Send.com
offers five tips for a satisfying online holiday shopping experience
this season:
- Keep stress levels low: The holidays are a time of joy
and celebration, so try to avoid the crowded malls, the parking
nightmares, the long lines and unhelpful sales staff. Sit back,
relax and shop in the comfort of your own home.
- Beware of shipping charges: When shopping online, the
earlier you shop, the less likely you'll be gouged for shipping.
- Consider the packaging: After all, this is a gift. A
package sent directly to the recipient may come in plain brown
shipping wrapper, and not in special paper. Your gift to a
favorite cousin would not only look unattractive but it's likely
to include the invoice with the item cost clearly visible.
- Get all the answers: Never walk away from an online
shopping experience with uncertainty. Make sure the web site
provides answers to all your questions.
- Dare to be different: Online shopping gives consumers
access to a wide range of gifts beyond the average pair of
slippers or engraved desk clock. Consider a more unusual gift,
such as private golf lessons or rounds of golf, spa treatments,
restaurant or hotel gift certificates.
Despite the uncertainty of this relatively new shopping venue,
its popularity is growing. As the industry continues to hammer out
the kinks and improve security, and the public enjoys the increased
convenience, cyber-shopping might someday even replace the
mega-mall.