Advantages And Disadvantages Of Online Shopping

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

Purchasing good over the internet, online shopping has obtained a huge popularity over the retail stores because of its convenience and easy to shop. E-business has now developed as conceivably the most illustrative conveyance divert in an extensive variety of industry. In 2013, 41.3 percent of global internet users had purchased products online. In 2017, this figure is expected to grow to 46.4 percent. There is no doubt that online shopping will impact the existing retail stores but still some people believe that it does not take the place of seeing the actual product and trying it as in stores.

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

This ensures a quick bargain without even having to get dressed to leave the house. People are able to shop for nearly anything while in their pajamas. Sometimes consumers just do not feel like going out and fighting the crowds to find the perfect birthday or wedding present. Black Friday is a prime example. Many people avoid all traditional brick-and-mortar shopping the day after Thanksgiving because of the overwhelming crowds and instead opt for Cyber Monday and enjoy shopping from the comfort of their own home, workplace, or mobile device. What if it is unrealistic to wait for a certain product? Even with expedited shipping, online shopping is not practical in certain situations. Even though all grocery shopping can be done online, what happens when a parent runs out of formula for their baby or need milk for their children’s cereal the next morning? Waiting anywhere from a day up to two weeks is not realistic. What happens when an outfit is bought online, and once it has been received the clothing it does not fit? Online shoppers must go through the return process and wait for the company to send out a new size or refund their money. In the traditional shopping setting, patrons are able to try on clothes and therefore eliminate having to exchange them because they do not fit. The possibility of receiving the wrong item altogether is much higher with online shopping than with traditional

The trend toward shopping using the Internet is growing faster than expected (Cramer, 2014). Since Internet has become popular medium for people to shop, more companies then launched online shopping platform. With this new platform, they were able to do sales directly to their customer.

Web Shopping lets you to shop from your home. You can unwind before your PC or tablet and peruse from different shopping entrances. A few favorable circumstances incorporate the accompanying:

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

In addition, a huge benefit of shopping online is that it allows product and specification comparison so you can purchase what you need and pay less. Online stores have a lower overhead than the traditional stores offering better deals, and the consumer is able to find the product they want at a better price. In traditional brick-and-mortar stores, sales have limited quantities at hand, but online stores are able to keep a bigger inventory giving online shoppers more opportunities to find a bargain. In fact, shopping at several stores at the same time guarantees the consumer the best deal. Shopping online is simple, and finding the right product is easier. If you are shopping for a digital camera at the store it might be a little overwhelming to see the camera selection with so many specifications. Sales representatives can sometimes be misleading in an effort to make the sale. Online side-by-side product comparison will allow the consumer to

Online shopping has completely altered the way we experience the world around us today. Online shopping has transcended us from the physical world and led up into the virtual one. Not only can one buy something physical online

The most attractive advantages of online shopping include: Purchase with almost anytime; receive a lot of information at the same time; without the expense of renting the physical store and hiring employees, the price may be cheaper; to marketing economy, this new mode of shopping can lead to a more efficient resource using; online shopping benefits in shorting time and space resources. It’s a business occurs in virtual.

The disadvantage of online shopping is that can not guarantee sales of goods in quality is no problem, there will be the phenomenon of shoddy goods, and even fake, at the time of selection because consumers can not see the real thing, so sometimes it is inevitable to be deceived. There are some security risks when using credit cards online. Because your information is entered into a company's database each time you make a purchase. The profiteer has stolen the customer's information and makes a bad thing to the customer. (Marc L.

Online shopping is a modern concept which has grown in popularity with the rapid global growth in e-commerce. Apparently, many customers are attracted to this new concept of shopping because of the various benefits and offers of the internet. Online shoppers can enjoy the opportunity to shop at any time whenever convenient using an electronic device without the pressure of going to the traditional brick-and-mortar stores. It also allows browsing through seemingly never-ending options for merchandise or products not available in local stores and can let customers evaluate the different online stores to make comparison between items and products, their brands and prices which is difficult and time-consuming

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.

Firstly, online shopping makes products easy to find. We can find the product through online is much easier than looking for it in the local store or retailer shop. In a local store or retailer shop, we have to search for the G-shock watch we want, but if the G-shock watches we want will not there, so we may have to visit several or many locations to find the G-shock watch we want, which is frustrating and time-consuming for us. However, online

More and more people have experienced shopping online and there are a increasing number of people who prefer E-Purchasing.