According to the second phase of the Yahoo!/AC Nielsen Internet Confidence Index, consumer confidence in ecommerce has risen by five points since the survey began in June 2001. The survey results also included a projected rise in online ad spending to $16 billion for Q4 2001. Much of this revenue will be generated by “light” internet users whose intent to purchase products online will increase significantly in the fourth quarter of this year. 43% of light users revealed their intent to shop online in Q4 compared to 29% in Q3.
“The five point rise shows that Internet users, even light users, are embracing shopping on-line as part of their overall shopping behaviour,” said Travyn Rhall, managing director of international research at AC Nielsen. “The e-commerce industry is evolving with peripheral online shoppers, the lighter users, women and the less educated all exhibiting significantly greater increases in intended online spending.”