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News and Events for September 6th, 2007 |
| Ecommerce laws and events for the week
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Amend
the 2000 eCommerce Law
Despite the fact that the case against me was already dismissed,
there is still a looming concern that a similar one could
be lodged anytime considering that fact that we host thousands
of websites, forums and blogs. It would be a nightmare to
monitor all of them for potentially the same circumstances.
Likewise, personal blogs may also be exposed to such harassment
law suits and even how silly they may be (remember, anybody
can post libelous statements in the blog comments), one can
only imagine the total waste of time, effort, and money just
to go thru these proceedings. Yes, they may not succeed nor
see a day in court, the trouble of getting a legal counsel
and making personal appearances in the fiscal's office on
a weekly basis can take its toll.
It is obvious that the eCommerce Law was passed in haste to
address an urgent issue at that time but it has been seven
(7) years hence and we need a stronger bill to protect internet
service providers, web hosts, bloggers, forum owners, webmasters
and internet users in general. |
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Genevate Launches Protent™; Ruby-on-Rails Content Management
System for Web Designers and Businesses
The Grand Prix International de Photographie de Vevey is a
competition endowed with a first prize of CHF 30'000 - (approx.
18'000 €). The competition is open to professional artists
and photographers, as well as to trainee photographers. Its
first aim is to discover new talents, with no age criteria,
to give them the opportunity to realize a unique project.
The selected project will have to be completed and exhibited
at the IMAGES' 08, which will take place in Vevey in 2008.
An entry form, to be downloaded from the website at Consulter
le lien must be sent to their address, along with a description
of the project and the requested documents, no later than
30 September 2007. The jury will designate the winners in
October 2007. |
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Shopping Cart Abandonment
A study of US shopping cart abandonment shows that 52.1% of
customers who started to make a purchase online changed their
mind before completing the order. This figure for 2006 is
an improvement on the 59.8% level revealed in 2005, according
to MarketingSherpa Research.
The full, 12-minute long presentation is available online
if you sign up for a free trial of the US company's service.
The three recommendations for reducing abandonment were: Bill
me later. Testing the shopping cart Email customers who have
not completed a purchase |
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Engineering Subject Centre New Lecturers' Workshop, Edinburgh,
3-4 September 2007
This two day residential workshop is aimed at recently
appointed engineering lecturers and is designed to supplement
accredited generic-based courses. There is no charge for the
event; however it is necessary to book in advance here. Book
by Wednesday 22nd August 2007. Online Bankers buy more Online
The banking association reports that 28.3m people shopped
online in 2006, making an average of 24 purchases each (an
increase of 186% since 2001).
The APACS figures show that people who use online banking
typically make more purchases per year on average than non-internet
bankers. Online banking customers make 29.2 purchases while
non-users make 16.4 per year. Those who use both telephone
and online banking make the most purchases, buying goods or
services online on average 31.7 times a year. Likewise, internet
shoppers are more likely to use the full functionality of
their online banking service than those who don't shop online.
# People shopping online - 2006 28.3m, 2001 11m (+157%)
# Purchases per online shopper - 2006 24, 2001 8.4 (+186%)
# People using online banking - 2006 17m, 2001 6.2m (+174%)
The largest age group banking online are the 45-54 year olds
with 4.2m of them going online. The fastest growing group
banking online though since 2001 is the 55-64 year olds (+425%)
whose confidence in the internet and e-commerce has grown
over this time. |
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Rain
Improves Online Retailing according to IMRG figures
Internet sales rose to £4.2bn in July, up from £2.3bn in the
same month in 2006. Apart from the incentive if wet weather,
online sales are also picking up because more retailers are
improving their websites and consumers are getting faster
internet connections.
Analysts have been worried that higher interest rates would
deter consumer as the Bank of England raised its main borrowing
cost five times in the past year to their current level of
5.75%. Earlier this month UK retail sales increased by more
than many analysts had expected in July but the increase was
mainly driven by discounting as shops and companies tried
to tempt consumers into spending their money.
IMRG said that the fastest growing sector of online sales
was electrical goods, which almost doubled from a year earlier
but sales of clothing and accessories also increased by nearly
60% |
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