Men out shop women onlineWednesday, 12 August 2009
Men are also spending more online than women. The average online spend over the last six months was £2,602 for men compared to £1,930 for women.
The PayPal report suggests that men were quicker to turn to the internet at the beginning of the economic downturn, looking to save money by shopping around, and to research products in more depth before buying them.
Carl Scheible, Managing Director of PayPal UK, said: “The online revolution has turned men into shopaholics. We love the quick and efficient nature of the internet, especially when it comes to buying technology and gadgets.
“Our impatience has helped drive a revolution in how websites are designed. Gone are the days of elaborate graphics that take an age to load - and drive customers away to better designed sites. Companies like PayPal have also helped by making it quicker to checkout and pay online - in many cases, in just a few mouse clicks.“
Men's love affair with online shopping looks set to accelerate. Four in 10 (41%) male shoppers plan to do as much of their shopping as possible online in future against just 29% of women and over half (55%) of men shopping online expect to expand the range of products and services they buy compared to 45% of women.