Ready, set, click: Canadians seeking cross-border deals online

Visa Canada survey reveals that among online shoppers 44 per cent of Canadians 
intend to take advantage of "Black Friday and Cyber Monday" online bargains - 
a 10 per cent increase from 2011 
TORONTO, Nov. 15, 2012 /CNW/ - As the holiday shopping season kicks off in the 
U.S., Canadians will be going online to hunt for cross-border shopping deals. 
A new survey conducted by Ipsos Reid on behalf of Visa Canada showed that 
nearly 44 per cent of Canadian online shoppers say they are likely to take 
advantage of discounts offered on Black Friday and Cyber Monday (the days 
following American Thanksgiving) by shopping at American online merchants - a 
10 per cent increase over last year. 
Survey results also reveal that on average, Canadians expect to spend $220 
online this year, down from $262 in 2011. Male shoppers will be the bigger 
spenders at $235, with women slightly behind at $208. Residents from Ontario 
($237) and the Prairie provinces of Canada ($232) are the regions with the 
highest expected online spend, while those surveyed in Quebec ($184) are 
expected to spend the least during this period. 
"Black Friday and Cyber Monday are two of the biggest shopping days in the 
U.S. and unofficially mark the beginning of the holiday shopping season," said 
Ann-Marie McIntosh, Head of Strategic Solutions and Partnerships, Visa Canada. 
"Although overall spending levels are down from 2011, we see that more 
Canadians are planning to take advantage of online sales offered by American 
retailers this year." 
According to the survey, clothing and accessories (49%) are the most popular 
online purchases among Black Friday and Cyber Monday shoppers, followed by 
music or movies (37%), books or e-books (35%), toys (29%), health and beauty 
products (20%), computers and/or computer accessories (21%) and other 
electronics (25%). 
Regionally, among Black Friday shoppers, those in Atlantic Canada (67%) are 
the most likely to purchase clothing and accessories online, whereas residents 
in Quebec (31%) are the least likely to make these purchases. Forty-three per 
cent of online shoppers polled from the Prairie provinces are planning on 
purchasing music or movies, compared to online shoppers polled in British 
Columbia (44%), Quebec (38%), Ontario (34%) and Atlantic Canada (23%). 
|                 |Percentage of online shoppers who intend |
|                 |to shop at American websites over Black  |
|                 |             Friday weekend              |
|National         |                            44%          |
|British Columbia |                            34%          |
|Prairie provinces|                            46%          |
|Ontario          |                            50%          |
|Quebec           |                            42%          |
|Atlantic Canada  |                            38%          |
McIntosh also highlights that Canadians purchasing goods with Visa credit, 
debit and prepaid cards can be confident shopping online knowing they're 
protected by Visa's layers of security.  
"While survey results reveal that 32 per cent of Canadians refrain from online 
shopping due to concerns about security, Visa cardholders can rest assured 
that our multiple layers of security provide the extra protection they require 
to make secure online purchases with confidence." 
Canadians still shopping at Canadian websites 
While Black Friday and Cyber Monday deals attract Canadian shoppers, the 
survey also found that the most common type of online shopping among Canadians 
is a purchase from a Canadian website. Among Canadian online shoppers who have 
shopped at U.S. sites, their key motivators to make more purchases at Canadian 
sites include free or flat rate shipping (76%), better prices or deals (74%) 
or prices and deals equivalent to those available in the U.S. (72%). 
About Visa 
Visa is a global payments technology company that connects consumers, 
businesses, financial institutions and governments in more than 200 countries 
and territories to fast, secure and reliable digital currency. Underpinning 
digital currency is one of the world's most advanced processing 
networks—VisaNet—that is capable of handling more than 24,000 transaction 
messages a second, with fraud protection for consumers and guaranteed payment 
for merchants. Visa is not a bank and does not issue cards, extend credit or 
set rates and fees for consumers.Visa's innovations, however, enable its 
financial institution customers to offer consumers more choices: pay now with 
debit, ahead of time with prepaid or later with credit products. For more 
information, visit 
About the Ipsos Reid survey 
The Ipsos Reid poll was conducted between October 23 and October 26, 2012, on 
behalf of Visa Canada. For this survey, a national sample of 1,134 adults (60 
per cent of whom had an online purchase from either a Canadian or American 
online retailer in the past twelve months) was conducted as part of Ipsos 
Reid's regular online omnibus poll. For the base sample group (n=1,134), an 
unweighted probability sample, with 100% response rate, would have an 
estimated margin of error of plus or minus 3 percentage points, 19 times out 
of 20. For the sub-group of online shoppers (n=693), the margin of error would 
be plus or minus 4 percentage points, 19 times out of 20. The margin of error 
for any other subgroups would be larger. 
Carla Hindman, Visa Canada, 416-860-8869, 
Caroline Bretsen, Fleishman-Hillard, 
SOURCE: VISA Canada Corporation 
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CO: VISA Canada Corporation
ST: Ontario
-0- Nov/15/2012 11:00 GMT
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