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DWC Home | Magazine | Back Issues | February 2005 | Take Note


TAKE NOTE

CAN YOU HEAR ME NOW?


Using your cell phone more but enjoying it less? You are not alone.

A report in the February issue of Consumer Reports indicates only 45 percent of cell phone users are very satisfied with their service.

Reasons for the dissatisfaction, according to the magazine, include: billing mistakes, dropped calls and inability to get a signal at some locations. Consumers also say the many offerings in addition to basic voice communications (games, ring tones, data transmission services and billing plans) are so complicated that it’s impossible to make comparisons between competing services.

JOB 1: PAYING OFF LOANS

College graduates fresh off campus and beginning their careers have one big and important job ahead of them: paying off their student loans. And the bill keeps rising.
A survey of 2002 graduates by Nellie Mae, the student loan company, shows the average student loan debt for a bachelor’s degree was $18,900—up 66 percent from five years earlier. Graduates spend about seven percent of their new incomes to pay back the loans.
As a result, Nellie Mae says 38 percent of graduates are putting off buying a home (up from 25 percent in 1991) and 21 percent are delaying having children (up from 12 percent in 1991).

THE VALUE OF ONLINE CATALOGS

For those retailers still not sure how important it is having product information on a company Web site, findings reported by Forrester Research say 73 percent of online consumers looked at online catalogs and 30 percent said they find them valuable.
Online catalogs also work well in conjunction with traditional ones: 25 percent of Internet users polled said they use online catalogs to easily find products they first saw in a printed catalog.

Online catalogs also reach potential customers that printed catalogs may not: 35 percent of those surveyed said they flip through an online catalog even if they’ve never seen the printed version.

The report says shoppers that use online catalogs tend to be slightly younger, more likely female and generally have broadband Internet connections at home.




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