© Copyright Acquisition International 2025 - All Rights Reserved.

Article Image - EU Consumer Scoreboard Shows Untapped E-Commerce Potential
Posted 28th September 2015

EU Consumer Scoreboard Shows Untapped E-Commerce Potential

The 2015 EU Consumer Scoreboard shows that cross-border e-commerce is still an under-developed market in Europe, and 61% of consumers feel more confident buying online from their own country (61%) than from another EU country (38%).

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

EU Consumer Scoreboard Shows Untapped E-Commerce Potential

EU Consumer Scoreboard Shows Untapped E-Commerce Potential

Image

The 2015 EU Consumer Scoreboard shows that cross-border e-commerce is still an under-developed market in Europe, and 61% of consumers feel more confident buying online from their own country (61%) than from another EU country (38%).

The scoreboard which focuses on the digital single market also found that the lack of trust, territorial restrictions and price discrimination are still barriers to cross-border e-commerce.

The Commission will put forward a proposal before the end of the year to make cross-border e-commerce easier in the framework of the digital single market. It will include EU-wide rules on contracts and consumer protection for online purchases.

Věra Jourová, Commissioner for Justice, Consumers and Gender Equality said: “The 2015 Consumer Scoreboard confirms that consumers do not yet fully trust cross-border e-commerce. One of the priorities of the Juncker Commission is to complete the Digital Single Market and unleash its full potential. This is why we have to lift the remaining barriers to cross-border e-commerce. By the end of the year, the Commission will propose new rules offering better access for consumers and businesses to digital goods and services across Europe. “

One major finding found that consumers buying across borders still face many problems, in particular, regarding delivery and product conformity. Moreover, consumers continue to face restrictions and price discrimination due to their country of residence in cross-border transactions. These issues also account for the majority of complaints about cross-border e-commerce received by European Consumer Centres.

Further awareness-raising on consumer rights is also needed. Consumers’ and retailers’ awareness of some key consumer rights guaranteed by the EU legislation remains limited. Only 9% of consumers were able to answer correctly when asked about their rights, with the lowest levels of knowledge found among young people.

Moreover, further development of Alternative Dispute Resolution (ADR) promises more effective consumer redress. A quarter of all consumers encountering problems do not complain. The majority of consumers who did not take any action in case of a problem were discouraged by the perceived difficulties (e.g. low likelihood of success, lack of information, length of procedure). Satisfaction with complaint handling is highest amongst those consumers who complained to ADR bodies, even though the use and knowledge of these bodies are still relatively low.

Additionally, trust in product safety has been relatively stable over the years, with retailers consistently having more positive views than consumers (69% of consumers and 75% of retailers agreed that most non-food products on the market are safe).

Categories: Finance


You Might Also Like
Read Full PostRead - Eye Icon
Kodiak’s Acquisition of Zarsky Lumber
M&A
21/05/2015Kodiak’s Acquisition of Zarsky Lumber

Kodiak's Acquisition of Zarsky Lumber

Read Full PostRead - Eye Icon
Where To Find Dedicated ReactJS Developers In 2022?
News
08/07/2022Where To Find Dedicated ReactJS Developers In 2022?

ReactJS is a mainstream technology incorporated by the world’s top organizations and businesses like Netflix, Facebook, Salesforce,  Instacart, and many more. Project owners keep adding this efficient and straightforward tool to their tech stacks. Conse

Read Full PostRead - Eye Icon
Average Cost of a Data Breach Reaches An All-Time High of $4.45m, But AI and Automation Continue to Save Time and Money
Innovation
24/08/2023Average Cost of a Data Breach Reaches An All-Time High of $4.45m, But AI and Automation Continue to Save Time and Money

IBM’s Cost of a Data Breach report has highlighted the increasing cost for companies that suffer a data breach. The report found that the average cost of a data breach is now at an all-time high of $4.45 million. This represents an increase from last year, u

Read Full PostRead - Eye Icon
Helsingborg-Helsingør route
Finance
19/03/2015Helsingborg-Helsingør route

First State Investments has reached financial close for its acquisition of the Helsingborg - Helsingør ferry route, raising about €230 million ($261 million) equivalent of debt from three commercial banks and a debt fund. A joint-venture between ferry opera

Read Full PostRead - Eye Icon
Direct Selling: Breaking Down Barriers for Female Entrepreneurs
Leadership
08/03/2023Direct Selling: Breaking Down Barriers for Female Entrepreneurs

The number of women determining their own success by becoming their own bosses has increased over the last decade with an estimated 252 million females running their own businesses[1]. With this number continuing to climb, it’s clear that more women than eve

Read Full PostRead - Eye Icon
Q
Strategy
28/02/2017Q

Q

Read Full PostRead - Eye Icon
Easing the Strains of Relocation
Finance
31/08/2016Easing the Strains of Relocation

Permit Pro provides specialised immigration services for expatriates and their family who plan to work and live in Malaysia.

Read Full PostRead - Eye Icon
Best of the Best in Finance
Finance
01/11/2016Best of the Best in Finance

Best of the Best in Finance - Drayton J. Carter & Co.

Read Full PostRead - Eye Icon
Celebrating The Mutual Benefit Of Volunteering
Corporate Social Responsibility
30/05/2024Celebrating The Mutual Benefit Of Volunteering

Colleagues from the region’s largest building society have been sharing their positive experiences from volunteering their time and skills to help others, in the lead up to Volunteers’ Week 2024 (3rd – 9th June).



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have 14 unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow