Advantages and Disadvantages of
Online Shopping from Consumer Perspective
By Puneet Hundal
8136699
COMM1085
Professor Paula Crooks
January 5, 2018
ADVANTAGES AND DISADVANTAGES OF ONLINE SHOPPING FROM CONSUMER PERSPECTIVE
Gigantic determinations, incredible costs, accommodation and administration are for the most part only a single tick away with the most recent development of internet shopping. Today, individuals everywhere throughout the world can purchase nearly anything without even crossing their doorsteps. Internet shopping enables individuals to buy anything from plane tickets, to clothing, to autos, to basic supplies, to stocks and shares and the rundown proceeds. In any case, one of the most difficult issues is to choose where to shop on the web. Classifieds, barters, online organizations, shopping administrations and gateways all have diverse preferences and hindrances. However, every type of shopping has its cost. There are many shrouded expenses of shopping on the web, for example, dispatching and taking care of, and enrollment charges. When shopping on the web there are numerous imperative factors that must be considered. These variables incorporate your privacy and security.
BOOMING GROWTH IN ONLINE SHOPPING
Online or web-based shopping has seen tremendous growth during the past decade which has transformed it into a rising territory of business administration and information technology. Shopping online has become the new TREND and it is here to stay
Many people are moving from physical stores to purchasing merchandise and services on the Internet. Today,
Consumers are making purchases daily. There are a number of occasions and reasons prompting people to shop. Special occasions such as birthdays, anniversaries, and holidays all contribute to retail sales. Sustaining one’s daily life through purchase of food, clothing, personal hygiene products and cleaning products also contributes to the economy through commerce. How do most people like to shop? In recent years a new alternative to the traditional brick-and-mortar shopping, online shopping, has increased in popularity. “U.S. e-commerce sales grew from 72 billion U.S. dollars in 2002 to 228 billion U.S. dollars in 2010.” (“Online shopping,” n.d.,
Over the past decade, Shopping on the internet has skyrocketed with internet sales reaching almost £30 billion in 2012, which accounts to almost 10% of total sales in the UK. This is due to the increased possession of Internet devices such as: smartphones, laptops and computers. It has become much easier and simpler for
According to MarketLine, the world online retail market expanded by almost 18% in 2010 and is predicted to reach close to $435 billion in sales. The market is expected to reach a 90% growth by 2015 and exceed $827 billion in sales. Listed in an article “Ecommerce Growth Statistics”, the average amount spent by each consumer is expected to rise from $1,207 per year to $1,738 per person by 2016. That is a significant increase. That shows that people prefer to shop online than going to the actual store in today’s society. Shoppers will spend on an average of $327 billion online shopping in 2016, which is about 45% from $226 billion in 2012. It is very evident that consumers will drive ecommerce into the future; especially e-retail. In just a few years, purchases online will be more profitable than ever, with others products and services available to purchase such as mobile and social allowing consumers to shop to their convenience. For retailers and
The idea behind this study is of great significance because e-commerce (online shopping) has grown tremendously since the turn of the century. It has shaped the way people do shopping for the most part.
With improved global relationships, business web is expanding its roots to every corners of the world. There has been lot of advancements in the corporate sector for the past decade. Retail marketing, e-commerce has grown enormously. With advanced computer and information technology, the retail, e-commerce has increased tremendously; applying these new technologies in business has established many new business approaches and strategies(Ramcharran, 2013). It is stated that in the year 2011, online shoppers in the United Kingdom spent 50 billion pounds which is more than 5000 percent increase in the market when compared to the year 2000; this is just because of the increased access provided to the customers and attractive features like
It is a new time in history of shopping. The days of having to leave the house and spend hours going to multiple stores are coming to an end. Over the last few years, People prefer to buy online rather than in stores. People can go online and buy anything and have them deliver to their house. People do not need to leave there house for anything anymore. Online shopping is changing the world at a fast rate. In America shopping malls are slowly dying due to the recent popularity of online shopping. Everything is just one click away so the need to get up and go to the mall and hope they have what you are looking for is over. The decrease of shopping mall customers in the United States is caused by online shopping and a changing consumer base.
Today there are too many choices to buy goods based on how it cost, convenience and too many options to buy the goods. In most cases, we should encourage people to use online shopping (OLS) instead of instore shopping because online shopping is costs less, is more convenient and save time. Online shopping is the first and the most choices for the most people who like access much stuff on their home without wasting their time and energy. The other benefit of online shopping is the goods that found online is too cheap special for the prime members, for example, Amazon has a lot of discount for the prime members, especially for the student prime membership has six months free for the first time and has more than 50 percent discount from the regular prime member.
Nowadays many people prefer to shop online because of its various benefits. Some of the advantages that we using the online shop manner to purchase items such as G-shock watch through along website. Online stores are open round the clock of 24 hours per day, 7 days a week and 365 days. The opportunity of online shop stores gives us the freedom to shop at our own clip and advantages.
People use interactive Web pages to obtain stock quotes, receive tax information from the Internal Revenue Service, make appointments with a hairdresser, consult a pregnancy planner to determine ovulation dates, conduct election polls, register for a conference, search for old friends, and the list goes on. It is only natural that the Web's functionality, popularity, and ubiquity have made it the seemingly ideal platform for conducting electronic commerce. People can now go online to buy CDs, clothing, concert tickets, and stocks. Several companies, such Digicash, Cybercash, and First Virtual, have sprung up to provide mechanisms for conducting business on the Web. The savings in cost and the convenience of shopping via the Web are incalculable. Whereas most successful computer systems result from careful, methodical planning, followed by hard work, the Web took on a life of its own from the very beginning. The introduction of a common protocol and a friendly graphical user interface was all that was needed to ignite the Internet explosion. The Web's virtues are extolled without end, but its rapid growth and universal adoption have not been without cost. In particular, security was added as an afterthought.
Nowadays many people prefer to shop online because of its numerous benefits. However, the practice has disadvantages as well as advantages. Within article I will be will be looking at three businesses in particular within this article; Amazon, Asda and Dell, and on
Online shopping is an important revolution of the Internet retail marketing in this new digital era. It has attracted many users to try online shopping as a shopping channel. The number of consumers preferring internet for their shopping needs has been constantly gaining importance mainly because of its easy convenience . As modern day consumers are running short of time many consumers do their transactions online. Internet online shopping is seen as a boon to manage shopping and work. Consumers can look at these websites of online stores and purchase products in comfort from home.
convenient and Can also be a source of entertainment. But they can also invade your privacy hacking and in some cases “the government” can look at what ever your doing.
Online commerce was introduced to consumers in the mid-1990’s, and in the years since, it has grown exponentially. It started out virtually nonexistent and has become a multi-billion dollar industry. Nearly every retail sector has entered online commerce; clothing, electronics, home, health and grooming items, even food and groceries are starting to gain traction online. Online commerce sites rival traditional brick and mortar stores such as Walmart and Target, as well as other big-box stores. As online retailers such as Amazon continue to expand, many brick and mortar stores have been making their way online, indicative of an increasing movement towards online commerce. With more than 80% of the online population having made an online
Shopping from the convenience and comfort of your own home may have its apparent advantages; no more standing in line, no more hassles of worrisome sales associates following you all around the department store. Online shopping is a growing industry, especially among countries with well-developed infrastructure for marketing activities over the Internet. The development of more advanced technology has facilitated smoother surfing on the Internet.People can now access the Internet not only from PCs, but also from the Web TVs, Palm Pilots, and mobile phone. The typical online purchaser in the year 2000 was well educated, married, and had a high economic status (Coyle, 2000). Electronic retailing continues to grow in size and importance as increasing numbers of consumers buy online, Imagine life today without the convenience of the Internet. People would actually have to get up out of their comfortable chairs, get in their cars, and drive to the store, the library, the mall, or wherever they wanted to go to purchase the product that they wanted. Many consumers are fed up with conventional