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Importance of online shopping essay
Effectiness of online shopping
Advantages of online shopping
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As a result of online retail, there has been a shift in how we do our shopping and is making its way to being THE way of shopping. Online retail has strong cost advantages in comparison to its offline competitors. It is rapidly taking precedence in many categories due to better pricing, selection
Ecommerce have enable customers to not have to leave their home to shop. Morganosky and Cude (2000) found that online grocery shoppers rank convenience and time saved as the primary reasons for shopping online (Hansen, 2008). Online shopping has increased over the years and will continue to rise as technology are getting better.
Internet is used everywhere in today’s world. In US many people are making purchases online and beginning to take advantages of the online shopping at their fingertips and convenience. Online shopping has changed the way we shop in today’s world. Gone are those days when people had to wait in queue on special occasions. Today consumers can buy almost anything at any given point of time.
Shopping is an integral part of our life style without which we cannot think off. Shopping can be done both online & offline. Online shopping is more preferred by the buyers because it is easy & hassle free to do & saves a lot of time which can be utilized in some other activity because time is money which is becoming rarer in the hands of people day by day. Offline shopping mode was used by the shoppers before coming of internet when people used to go to the shopping malls & market places to buy various essential & luxury items for their use. Every day we have to buy a lot of products for our daily use like food & grocery,
After all, the web is open 24 hours a day which means those insomniac shoppers can increase your profits while you sleep. A web-based store also allows you to easily evaluate consumer buying habits, track inventory trends, and allows consumers who reside outside of your physical location to still utilize your services and purchase your products. You can advance your brand name, increase time spent by shoppers in-store and
• SWOT Analysis - External Focus Opportunites - Increase online sale, Customized Jewelry Line With an estimated e-commerce growth of 25% per year, going online is becoming essential for a company. Consumers ' traditional perception of buying products/services changed. They are now looking for convenience and they want to be able to compare product easily. Tiffany, through its well-developped website www.tiffany.com, took advantage of this opportunity to offer a large selection of products.
The internet has made it increasingly convenient for potential consumers to browse and research products they
One benefit of online shopping on the economy is that with it being easier and cheaper to purchase things, consumers will be willing to buy more things, thus boosting the economy. More stores are creating websites so their customers can shop from the comforts of their own homes. Online shopping also encourages people to become more tech savvy so that they know how to shop online and get the deals. When shopping online, customers can see all of the reviews of the item to see if they should buy it or not. This helps prevent the purchasing of lousy items, and helps consumers to not waste their own
The above graph representation shows the percentage of population category who opt for online shopping. The general caste population are major customers of online shopping covering 76.7 % of the total population. Followed by OBC category comprising 14% of total population. The SC and ST contribute for 2.7% and 6.7% respectively. It was seen that the general population mostly opt for online shopping because of their changing life style.
Shopping online saves you both time and money. With those additional resources 47% of people choose to purchase things that they could enjoy with friends according to a local publication by The Whisper news paper. Adding yet another benefit for the increased use of technology and enhancing social skills. Technology may cut out some of the human interactions in our lives, but it adds so much more exposure to the what is out in the world, and allows people to see it and share it so much faster and more efficiently. For civilizations to evolve, first they must adapt to changes.
The most valuable reason for the popularity of online shopping among the people is its high convenience. First of all, online shopping allows the customers to buy products at any time that is convenient for them. While traditional brick-and-mortar selling businesses tend to work during specific time periods, online shopping is accessible at any time. An immense benefit of online shopping is that it is available 24/7. As a result, the customers do not need to think that they will not manage to buy something since the shop is already closed.
We all know that shopping at stores requires us to go to mall or department stores in buying supplies and spend our money. Now we live in the age of internet and buying things can now be done by clicking a mouse. Because of the numerous benefits of shopping online more and more people these days prefer online shopping over conventional shopping. But which one gives us the best benefits? Our discussion centered on three differences between shopping at stores and shopping online.
Not only this, great offers and discount coupons are available while shopping on these online retail markets. VARIETY OF PRODUCTS Get all sorts of national and international products without even moving an inch. This is great! Isn’t it? A Chanel’s perfume bottle which is made in Europe will be easily available in any part of India.
I have noticed that when I try to explain to most people how my business works, they find it hard to believe. When I talk to my friends and suggest them to start their own online business, they thought I am crazy. They do not understand why I am so passionate with online business. Okay, here is why I do business online.
Users have more opportunity to choose and compare products they want to purchase or easily find and select specialized products. This kind of open market place would increase competition, provide benefit for industrial buyers as it will promote better quality and more variety of goods. Nowadays, the desires to shop and buy through the Internet become a trend to the people. Usually, the rate when people use to online shopping is during the festival season such as Hari Raya Aidilfitri.