TRADE NEWS





Advertising on social networks will not be invasive

Mexx to withdraw from UK retail industry

Waterstones aims to improve supply chain

Retailers can use domain name to boost online presence

Online shoppers unsure of risks

Counterfeit goods harming retail industry

Majority of internet users shop online

Dragon's Den duo see product take off

Online sales increase in January

Retail sales slow in February

Retailers set for Mother's day windfall

Mamas & Papas begin retail expansion

Independent retailers urged to assess everything

Retailers hope to increase internet exposure

Ambitious Britons hope to own businesses

Retail sales enjoy quarterly growth

Retailers retain confidence in the industry

Women prepared to walk the earth for retail

Retailers urge chancellor to ease burden

Retailers urged to curb discounting

Internet claiming increasing numbers of high-street shoppers

FPB urges competition commission to help smaller retailers

Competition commission set to replace code of conduct

London retail sales below par in January

Online retailers drive to attract new consumers

Retailers taking legal obligations seriously

UK wholesalers could be shunned by supermarkets

US retailers enjoy shock sales rise

Women opt for ethical Valentines gifts

Retail sales set to face 2008 dip

Sales boost January retail figures

Retailers set for prosperous Valentine's Day

Groups warn on danger of toy imports

Government needs to raise small business legal awareness

FWD outline annual conference plans

Shop price inflation rises

eBay abandons buyer negative comments

European retail sales dip in December

Demand for British goods increases

Cashback websites battling high street for customers

US wholesale prices increase

Organisations to petition bag ban

Capital Gains Tax may not be compatible with EU law

Archive

January trade news 2008

 

6th February 2008

 

Cashback websites battling high street for customers

Cashback websites are increasing in popularity and may begin seizing shoppers from the high street.

Sites like Quidco, which offer reduced online goods, pass on some of their profits to shoppers, effectively paying them for their purchases.

The site offers major retailers and wholesalers the chance to reach e-shoppers with their goods in exchange for a small percentage of the resulting sale.

Manager of Quidco, Paul Nikkel, has claimed that, with the site performing admirably over the Christmas period, there could soon be a major shift in the battle between the internet and the high-street.

"Christmas 2007 will be seen as a watershed, when savvy consumers realised it really does pay to shop online," he said.

"We expect the momentum to continue this year as the uncertain economic outlook encourages consumers to place even greater emphasis on value for money.

Mr Nikkel added: "We see it as a win-win situation - consumers get a great deal and merchants gain loyal customers."

 

(c) 2008 Adfero Ltd.

 

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