42244 0 3 econsultancy_xml <p> <a href="http://pull.jpmorgan-research.com/cgi-bin/pull/DocPull/575-50AE/11592130/Online_Shopping_and_Payment_Survey_011707_1_.pdf">JP Morgan surveyed</a> over 1,000 adults about their online shopping behaviour – and here are some of the key findings: </p> <ul> <li> <p> <strong> <a href="https://www.google.com/accounts/ServiceLogin?service=sierra&amp;continue=https%3A%2F%2Fcheckout.google.com%2F%3Fupgrade%3Dtrue&amp;nui=1&amp;ltmpl=v2_SmB_ltlv_1_0">Checkout</a> adoption hit 6% in its first year</strong> – <em>though Google’s adoption rate of 6% is much lower than PayPal’s (42%), the results indicate a good start for Google. <br /><br /></em></p> </li> <li> <p> <strong>Checkout users are male, affluent, and young</strong> – <em>Google Checkout's penetration rates are two times higher amongst men. In addition, 34% of Checkout users have incomes over $75,000, compared with 25% for PayPal and 20% for all online shoppers. Checkout users are also younger, with 57% under 35, compared with 36% for PayPal.<br /><br /></em></p> </li> <li> <p> <strong>Checkout needs to sort out some teething problems </strong>–<em> 44% of PayPal report ‘good’ or ‘very good’ experiences, compared with only 19% for Google Checkout.<br /><br /></em></p> </li> <li> <p> <strong> <a href="https://www.paypal.com/">PayPal</a> maintains its leadership position</strong> - <em>PayPal’s 42% penetration rate in 2006 was seven times that of Google’s. Also, 43% of those surveyed prefer PayPal, while only 2% prefer Google Checkout.<br /><br /></em></p> </li> <li> <p> <strong>Checkout brand awareness trails PayPal - </strong>a<em>round 80% of respondents indicated awareness of PayPal, compared with only 45% for Google Checkout.</em></p> </li> </ul> <FormattedContent xmlns="http://www.e-consultancy.com/schema/formattedContent/"> <Paragraph> <Link URL="http://pull.jpmorgan-research.com/cgi-bin/pull/DocPull/575-50AE/11592130/Online_Shopping_and_Payment_Survey_011707_1_.pdf" Window="New">JP Morgan surveyed</Link> over 1,000 adults about their online shopping behaviour – and here are some of the key findings: </Paragraph> <List Type="Disc"> <ListItem> <Paragraph> <Emphasis> <Link URL="https://www.google.com/accounts/ServiceLogin?service=sierra&amp;continue=https%3A%2F%2Fcheckout.google.com%2F%3Fupgrade%3Dtrue&amp;nui=1&amp;ltmpl=v2_SmB_ltlv_1_0" Window="New">Checkout</Link> adoption hit 6% in its first year</Emphasis> – <Quote>though Google’s adoption rate of 6% is much lower than PayPal’s (42%), the results indicate a good start for Google. <LineBreak /><LineBreak /></Quote></Paragraph> </ListItem> <ListItem> <Paragraph> <Emphasis>Checkout users are male, affluent, and young</Emphasis> – <Quote>Google Checkout's penetration rates are two times higher amongst men. In addition, 34% of Checkout users have incomes over $75,000, compared with 25% for PayPal and 20% for all online shoppers. Checkout users are also younger, with 57% under 35, compared with 36% for PayPal.<LineBreak /><LineBreak /></Quote></Paragraph> </ListItem> <ListItem> <Paragraph> <Emphasis>Checkout needs to sort out some teething problems </Emphasis>–<Quote> 44% of PayPal report ‘good’ or ‘very good’ experiences, compared with only 19% for Google Checkout.<LineBreak /><LineBreak /></Quote></Paragraph> </ListItem> <ListItem> <Paragraph> <Emphasis> <Link URL="https://www.paypal.com/" Window="New">PayPal</Link> maintains its leadership position</Emphasis> - <Quote>PayPal’s 42% penetration rate in 2006 was seven times that of Google’s. Also, 43% of those surveyed prefer PayPal, while only 2% prefer Google Checkout.<LineBreak /><LineBreak /></Quote></Paragraph> </ListItem> <ListItem> <Paragraph> <Emphasis>Checkout brand awareness trails PayPal - </Emphasis>a<Quote>round 80% of respondents indicated awareness of PayPal, compared with only 45% for Google Checkout.</Quote></Paragraph> </ListItem> </List> </FormattedContent> 2007-01-18T11:40:00+00:00 0 1 econsultancy_xml <p> <strong>JP Morgan has released a study which shows that <a href="http://www.paypal.com">Paypal</a> is still seven times more popular than Google’s rival system, Checkout.</strong> </p> <p> <a href="/blog/043-google-launches-google-checkout-not-gbuy">Google Checkout launched last year</a> with an aggressive challenge to PayPal, although it has <a href="/blog/195-google-checkout-struggles-against-etailer-resistance">encountered resistance from etailers</a> that are reluctant to cede ownership of customers to the search giant.</p> <FormattedContent xmlns="http://www.e-consultancy.com/schema/formattedContent/"> <Paragraph> <Emphasis>JP Morgan has released a study which shows that <Link URL="http://www.paypal.com" Window="New">Paypal</Link> is still seven times more popular than Google’s rival system, Checkout.</Emphasis> </Paragraph> <Paragraph> <Link URL="/blog/043-google-launches-google-checkout-not-gbuy" Window="New">Google Checkout launched last year</Link> with an aggressive challenge to PayPal, although it has <Link URL="/blog/195-google-checkout-struggles-against-etailer-resistance" Window="New">encountered resistance from etailers</Link> that are reluctant to cede ownership of customers to the search giant.</Paragraph> </FormattedContent> false 732 362500 Google Checkout playing catch-up false 2007-01-18T12:53:00+00:00 google-checkout-playing-catch-up 2009-04-29T21:18:38+01:00 2009-04-29T21:18:38+01:00 230