Cookies on the Cash-is-Cool web site

Our website uses cookies to ensure that you get the best possible experience when viewing it.
By continuing to browse our website we will assume that you are happy with this.

TELL YOUR FRIENDS
Editor's Blog
Editor's Blog
Blogs » Editor's Blog

Tired of forming an orderly queue

It seems that the age-old stereotype that Brits love to queue is finally being reassessed as people are becoming increasingly less inclined to waste their time waiting at a check-out.
Research shows that two-fifths of us refuse to queue for longer than two minutes and 51% of shoppers won’t even enter a store if they spy a queue. Even more revealingly, the survey showed that two-thirds of us have actually walked away from buying something in a shop because we were so fed up with queuing.


With that in mind I thought I would do a little investigation to see how much time could be saved if we used cash rather than cards.


A recent report from the British Retail Consortium has highlighted that the average time taken to process a cash transaction at point of sale is 27.2 seconds, compared to 39.4 seconds for a card payment. That means a card transaction takes nearly 50% longer to process than a cash purchase.


When you think about how long we spend queuing every day, this difference actually translates to a significant amount of time! If we assume a hypothetical queue includes 5 people, and that we queue 10 times on any given day, we would rack up an extra 10 minutes of queuing a day if we all used cards rather than cash! In a year that would amount to 2.5 days and, in an average UK lifetime, a massive six months. That’s six months of life wasted.


Some might think that holding a reputation for patiently queuing is a positive reflection of a population with good manners, but it’s not something any of us really want to test. The results couldn’t be clearer – none of us want to waste our valuable time queuing when there is a simple way to avoid it. Just one more reason, dear readers, why cash is cool.

Thursday, 4th August 2011

Tags:   Queue times  /  BRC
Back to top ↑

 

cash-is-cool.com is a brand of Logical Intent
Registered in England No.: 7231878