Create a free account
Join Calaméo to publish and share documents with the world!
Rate and comment your favorite publications, download documents and share your readings with your friends.
The Cashback Conundrum
1 pages
Published by
cliffponting
The Cashback Conundrum
Online shopping has experienced immense growth since its genesis in 1979.
This growth has been
especially significant in the past decade, as online shoppers spent an excess of £250 billion in the United
Kingdom...
[More]
The Cashback Conundrum
Online shopping has experienced immense growth since its genesis in 1979.
This growth has been
especially significant in the past decade, as online shoppers spent an excess of £250 billion in the United
Kingdom alone.
A record £832,000 changed hands online in a single minute on 6th December 2010.
With
the internet rapidly superseding traditional media channels such as television, newspaper and radio, and the
ability to purchase goods from mobile devices becoming increasingly common, online shopping is set to
continue its phenomenal growth into 2011 and beyond.
Over 1 billion people worldwide have made online
purchases so far.
In many cases, online shopping accounts for over 50% of certain types of goods sold such
as electronics, books and DVDs.
Cashback on online shopping means getting a certain amount or percentage of the cost of your purchase
credited back to you.
There are many cashback sites in operation, which are paid a commission by online
retailers
[Less]
Tags
amount,
bill,
cashback,
charge,
company,
customer,
goods,
growth,
offer,
online,
paid,
purchase,
purchases,
shopping,
significant,
sites,
utility
