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People increasingly prefer to do business online

Written by Greg Power on 19 May 2010

Ofcom’s latest ‘Media Literacy’ survey is out and it includes some significant findings for firms wishing to sell to the public:

"Communication preferences have changed since 2005 for example, adults are now more likely to prefer to check their bank balance online (30% vs. 22%) and less likely to prefer to check their bank balance by making a home / landline phone call (12% vs. 18%). Booking a holiday online / by email is now as popular a preference as booking a holiday in person (36%)…

"Just over eight in ten (81%) internet users say they have saved money by using the internet for certain tasks that we asked about; most commonly buying something online rather than in the shops (65%), comparing prices online (63%) or booking travel online (51%). Half of internet users say they have made significant savings by comparing prices online or buying something online rather than in the shops (48%)."

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