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89% say they experience problems when conducting online transactions

November 30, 2005View for printing

Online transaction failures can have large damaging effects on businesses, leading consumers to abandon products and costing millions in lost revenue. 89% of online consumers have experienced problems when performing online transactions. 82% of online consumers will not accept a fallen level of customer service when comparing online and offline transactions. When facing an online transaction problem, 34% of consumers would use an online or offline competitor.

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