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Benefit 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
Thanks to the rapid growth in the online retail sites as well as the mobile devices, the online shopping markets have gained significant support. According to Best et al, “57.2% of the American Population has satisfactory access to the internet [and roughly 33.6% of the population has some sort of subscription to mobile internet as well]”
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.
The article also provides a conclusion that shows that out of all three factors convenience and product type were the most influential when it comes to consumers making their purchases from online. The scholarly incites of this article are due to Kuan-Pin Chiang, Associate Professor of Marketing at Long Island University, and Ruby Roy Dholakia, Associate Professor of Marketing at University of Rhode Island. Between the two authors and all of their prior years of professional research, they were able to build an article that provided proof showed why the internet sales market is on a rise and why it should be expected to grow with time. This article will be used to emphasize how factors of convenience, product type and product pricing are helping to change the way consumers receive their desired purchases, and depict if the consumer chooses to shop online or buy in
Online, the product search will retrieve all items that meets the criteria of the inquiry and the products do not display in rolls of shelves like a virtual store. Online retail stores offer shoppers convenience that consumers have come to expect and different ways to make purchases (BEAUCHAMP & PONDER, 2010). Online retail stores provide cost savings to the customer and a better variety of choices for different products and sizes. Online retail stores give the company the ability to reach people that they would not be able to service in brick and mortar store (Wang, Baker, Wagner & Wakefield, 2007). Online retail stores are adding a touch of excitement and liveliness to their Web sites to attract and retain customers.
It brings the retail world to the palm of their hand, providing the convenience of shopping when and where it works for them (with the added bonus of home delivery). No more scouring for parking spaces, waiting in long lines at the checkout, or lugging armfuls of shopping bags around a crowded mall – online shopping offers consumers a quick and convenient experience from the comfort of home. In our cellphone-addicted world,
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.
1.0) Introduction 1.1) Background During the past decades, the retailing industry has gone through many important changes. Saturated markets, fierce competition, and the turbulent macro-economic environment have condemned retailers to reconsider their retail strategy. Actually there are four factors which have constantly been reshaping the world of business – technological advances such as the internet, the loss of geographic advantage resulting from globalization, the shake-up of the traditional industries as a result of de-regulation and the rising power of the modern and complex consumer. However one of the most important factors remains the evolution of the Internet.
Since the beginning of the 1990’s, e-commerce has radically changed consumer behaviour by introducing new retail channels (Ngai and Gunasekaran, 2007). Serious attempts to trade online started to emerge in the mid-1990s wheninnovative, technically savvy companies responded to the opportunities and challenges posed by the internet, to develop sophisticated web sites to serve customers, in their homes (Rayport and Sviokla, 1994). The present retail environment is characterised by new, store and non- store, retailing formats, a wide range of new products, use of new information and communication technologies and consequently, the changing customer needs. Moreover, the dynamic lifestyle conditions of consumers has resulted a change in their personal environment that contributes to a profound change in customer behaviour (Schröder and Zaharia, 2008). Retailing in the 21st century means doing business with customers on their terms (Mathwicket al., 2002).
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.
More and more people these days prefer online shopping than shopping in malls because of so many advantages and benefits. People from all over the world have accepted online shopping sites because of the convenience provided like from shopping in their pyjamas to convenience for elderly and disabled. Not only this, online shopping sites also provides a wider choice of products, avoiding upselling or impulse buying, better prices, good for the environment, and
In his book, “Amusing Ourselves to Death”, Neil Postman analyzes the change of mediums from a Typographic Age to a Telegraphic Age; but because technology has advanced since the 1980s, it does not address every new medium and its effects. One recent medium that dominates the internet is online shopping. With seventy nine percent of Americans making online purchases (Weller), it is quickly becoming a new tool for everyday life. This medium attracts every aspect of buying, from office supplies to dog treats. The demand for online shopping stores is increasing rapidly year by year.
This is because, the shopping on the Internet deals with many purchasing opportunities and assorted with the special product to be sold to the customers. These opportunities make the online shopping or internet shopping can be convenient, economical and safe, fun. Moreover, without an extra cautious, the online shopping will be a venue for other people or named as
Online shopping is very important, but in the past people don’t know how to used online shopping. They used traditional shopping or go to malls and shopping. Nowadays when the life is development and people know smart way which is online shopping it is easy and better than traditional shopping. Online shopping is very good because it is economic and least cost. With online shopping you can buy different things from different countries .Online
Now today’s the trend of online shopping is growing up very fast. Users have now the facility of shop everything what they want without going outside to stores and super markets. 2. Benefits for Students Studies You are a student and you miss the lecture.