LONDON, ENGLAND / ACCESSWIRE / January 28, 2015 / Lans Holdings, Inc. (OTCQB: LAHO) - (The Company) discusses more online shopping news and statistics.
Online shopping is a distinctly different experience than making a purchase at a traditional point-of-sale merchant - and a lucrative one for merchants as well. Just as brick-and-mortar businesses have learned to cater to their customers, so must e-commerce businesses if they expect to be successful over the long term.
Online shopping retail sales are predicted to grow steadily to $370 billion in 2017, up from $231 billion in 2012, according to Forrester Research. However, the shopping cart abandonment rate (the percentage of shoppers who place products in the shopping cart but do not complete the check-out process) is as high as 74 percent.
A Survey conducted in the United Kingdom sheds some light on why online shoppers don't complete the transaction. Reasons broke down as follows:
- 43 percent cited websites that are too slow to load or prone to crashing
- 38 percent object to having to register for an account before placing an order
- 32 percent complain that the website asks for too much information
- 28 percent abandon their cart because the website does not offer their preferred method of payment
- 25 percent don't trust that the website is secure
Of those five points of contention, perhaps the easiest for an online business to rectify is the fourth - offering preferred methods of payment, including payment cards, which remain the preferred way to pay online for 57 percent of shoppers. In fact, the survey concludes that unless businesses ease the online purchasing experience by offering a clear preferred payment method, customers will continue to abandon purchases at checkout.
The Company's plan is to streamline the online shopping process to make the whole experience a lot more simple and enjoyable but most of all one that will keep the Company's potential customers satisfied.
About Lans Holdings Inc.
Lans Holdings offers payment solutions. The Company makes it easy for sellers to start selling, and buyers to buy with confidence. The Company plans to process credit card payments online. In time, the Company hopes to be known in the industry as a secure and reliable source of payment processing. With the Company's breadth of business structure experience and technology consultants, the Company aims to help projects and companies grow.
Further information on the Company can be found at www.sec.gov and the company's website at www.LansHoldings.com.
Forward Looking Statements
Some information in this document constitutes forward-looking statements or statements which may be deemed or construed to be forward-looking statements, such as the closing of the share exchange agreement. The words “plan”, "forecast", "anticipates", "estimate", "project", "intend", "expect", "should", "believe", and similar expressions are intended to identify forward-looking statements. These forward-looking statements involve, and are subject to known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance (financial or operating) or achievements to differ from the future results, performance (financial or operating) or achievements expressed or implied by such forward-looking statements. The risks, uncertainties and other factors are more fully discussed in the Company's filings with the U.S. Securities and Exchange Commission. All forward-looking statements attributable to Lans Holdings Inc., herein are expressly qualified in their entirety by the above-mentioned cautionary statement. Lans Holdings Inc., disclaims any obligation to update forward-looking statements contained in this estimate, except as may be required by law.
For further information, please contact:
Investors@lansholdings.com
Toll Free: 1 (866)-950-8300
SOURCE: Lans Holdings Inc.