Study: Seniors and E-Commerce - From Offline to Online

• Posted: Saturday, July 19, 2008
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• Author: pradhana
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• Filed under: e-Commerce, Online Services

Heading to the store to research online purchases

Many studies in the US have focused on the relationship between online and offline retail sales. Typically, consumers comparison shop and get product information on the Internet before buying the product in a brick-and-mortar store.

However, new data from the USC Annenberg School Center for the Digital Future examines the opposite situation: consumers ages 50 and over who have researched offline before making purchases online.

The researchers found that about two-thirds of consumers ages 50 to 69 had researched their online purchases in stores. More than one-half of consumers ages 70 and over had done so.
"Online seniors are a lucrative consumer segment that Web retailers cannot afford to ignore," said Jeffrey Grau, senior analyst at eMarketer. "They have higher incomes and are more likely to be employed than seniors overall."

From 2006 to 2011, eMarketer estimates that the percentage of Internet users ages 62 and older will increase at a 7.6% average annual growth rate—more than twice the 3.1% growth rate for the entire US Internet population.

Read more - eMarketer

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