Consumers turning to the web to source novelty money boxes

Novelty money boxes can make excellent gifts for youngsters and it is now easy for consumers to source these products. Many individuals may choose to head online in order to get their hands on the items.

Indeed, this time of year may be particularly busy when it comes to internet-based sales of money boxes. Recently, Visa Europe predicted that the third of this month would be the busiest ever in UK web shopping history.

It dubbed the occasion Mega Monday and suggested a total of around £320 million would be spent on its cards alone during the 24-hour period. It expected online transactions to top 6.8 million, which would be a rise of more than a fifth compared with the same day last year.

According to Dr Steve Perry, commercial director at Visa Europe, one of the factors contributing to the trend concerns consumers’ rising confidence in internet security.

He added: “On Mega Monday, people across the UK will go online and use their Visa cards to make
6.8 million transactions, the most in a single day in UK history. That’s 21 per cent more than in 2011, signalling that consumers are becoming increasingly accustomed to the advantages of shopping online for everyday purchases and special items, especially in the lead-up to Christmas. Online shopping now accounts for a significant proportion of all retail spend.”

There are many reasons why a rising number of individuals are using the web to source children’s money boxes and other products. As well as benefiting from a greater choice of items, people also tend to find the process quicker and more convenient. In addition, they can source impressive deals in cyberspace.

There is no sign that the trend towards increased use of the internet among shoppers is about to slow down or reverse any time soon.

For more information please visit – www.booboodesigns.co.uk/baby-children-s-gift-ranges/money-boxes

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