Data Is Clear
Shoppers do not buy from unknown online merchants
-
More than 63 percent of shoppers do not complete an online purchase because of security and trust concerns. (1)
73% of online shoppers have concerns that online merchants will not deliver merchandise or will deliver counterfeit merchandise. (2)
Abandoned Shopping Carts
Merchants are losing sales through abandoned shopping carts
A study found that shoppers fear of identity theft and online shopping cost retailers $21 billion in 2008 (3)
The average cost of abandoned goods in U.S. shopping carts is $109. (4)
Sell More
Merchants who provide more information about their trustworthiness can sell more
86% of online shoppers feel more confident about shopping on websites using security indicators, such as trust marks. (5)
- http://staysafeonline.mediaroom.com/index.php?s=43&item=54
- See U.S. Auto Parts Network (Internet Retailer #166) August 2006 Customer Survey of 959 Respondents.
- Javelin Strategy and Research, March 2009. Available at: www.javelinstrategy.com/2009/03/17/survey-finds-retailers-missed-out-on-21-billion-in-sales-in-2008-due-to-online-shopping-fears.
- http://www.ecommerce-guide.com/news/news/article.php/3829021
- VeriSign Internet Security Report. Available at http://www.verisign.com/static/013506.pdf.


