E-Commerce Is Bad for People and the Economy

E-commerce is short for electronic commerce and refers to purchasing and selling items and services on the Internet via a website. Otherwise called an online store, an E-Commerce website has features that make it easy for customers to browse for items to purchase.

Electronic Commerce in short known as E-commerce. E-commerce is the business or commercial transaction which transforms information in internet. E-commerce which is buying or selling any products or services in Online using internet. It is Electronic mediator between the customer and the organization. The main aim of E-commerce is to provide secure transactions for the customer

Despite the success of purchasing through online shopping stores, there are still some disadvantages that we as consumers should think and evaluate. Insecurity and lack of trust in online transactions are also major problems in online purchasing. We need to make sure that keeping your web usage private are all smart ways to address any privacy and security issues. Besides, we can’t try things on. For example, if we are buying a clothing item, we don’t have the ability to feel the material, try it on and see how it is made. This is because online stores are only showing product description and photos of the merchandise. Moreover, students are wasting their money on shopping. For example, students nowadays use their pocket money to shop or else they used their scholarship, PTPTN for shopping. As a result, they will broke until the end of the semester. Have you experienced of that? However, online shopping requires patience to wait for the item to arrive at your door step about 2 to 3 days or even longer depending on the location you have ordered it

Electronic commerce has been there for a long time now, and it is a practice that is practiced by peoples from Germany, France, and the US on a daily basis. Since its inception around 40 years ago, e-commerce has continued to grow as innovations, technologies and a lot of business reverting to the use of the e-commerce. The aspect of buying and selling of goods in the early 1960s was sluggish with the traditional way of mailing of documents being replaced with the Electronic Data Interchange (EDI), which would later pave a way to the electronic commerce. After the e-commerce, however, the practice was not more reliable as it still had many challenges (Tsolis, 2009). For instance, it was not easy for buyers to see products from the comfort of their homes and more so, the methods of accessing the information were limited.

Yet, this tendency changed over the years. Purchasing goods on the Internet can also brings some advantages. Indeed, wider choices of items are proposed and generally cheaper than in a shop, which is a good point considering the economic crisis, the process is quick and return is possible. Considering these advantages, it slowly becomes an economical tendency.

E-commerce is a product that has been available since the early 90’s. It is something that people are familiar with. A product that is now part and parcel of people’s lives.

“Online shopping is a form of electronic commerce which allows consumers to directly buy goods and services from a seller over the internet using the web browser”. That means the purchase of the product and services in the internet are called onlineshopping. Online shopping has become increase popular due to convenience (often lower prices).Especially in holiday season. Online shopping saves an individual the hassle of searching several stores and then waiting in long queues to buy a particular item. The alternative names are,e-web store,e-shop,e-store,internet shop, online storefront and virtual store.

The electronic shopping design is winding up logically common. People nowadays can get all that they require on the web, for instance, pieces of clothing, books, staple products, et cetera. Electronic shopping is another sort of development float that people are getting subject to the grounds that it makes people's life less requesting and extras them time. Clients can visit web stores from the comfort of their own home and shop while they are sitting behind their PC. Various online clients don't have to lounge around inertly on shopping any more.

It is without a doubt that e-commerce has become a part of life for most of us. The E-commerce industry has grown and has truly taken the world by storm. It has faced numerous challenges from its initial stages and has surpassed a ton of them, making it a successful innovation in how we shop. However, there definitely still is room for improvement, as there are challenges that are left to be addressed.

To begin with, what is e-commerce? In a general term e-commerce is an electronic business that is done on the internet. There are different types of things that can be done on the internet, such as banking, fund transfer, advertising, buying, and selling goods. But one thing that stood me out the most is, how digital stores are taking away retail stores, and rapidly changing in many ways? But, my question leads to what will happen in next three to five years? Will it completely take away physical world e-Markets? Because, looking at the technology in past three to four years, it has improved day by day, and changed the working style of people. Such as Amazon, Facebook, PayPal, and other online business made people's life easier to buy and sell products from home. Although, having online company is a fantastic idea but, there are some advantages and disadvantages of online stores, and retail stores.

Is about how e-commerce has affected society since online shopping became popular and mainstream. E-commerce has reduced the amount of social interactions people have because people don’t haft to leave their house to shop. People were initially sceptical about e-commerce as they were vulnerable to fraud or someone finding out your bank details. E-commerce is very popular because you can shop from anywhere in the world with an internet connection and order anything straight to your home. Also internet shopping is more convenient and less time consuming than going round multiple shops, also online it is much easier to find a greater variety of goods. Shopping online is very helpful to disabled people for an example a person without use of their legs could go shopping from home and not need help from anyone else as they would if they might if they went to a high street. A lot of products appear online before they do in stores and pre ordering is an option that allows an item to be dispatch shortly before or immediately on release. Also you can access online websites 24/7 which allows them to buy something whenever they want.

As a tool available to a fairly wide public, the internet is only twenty years old, but it is already the key catalyst of the most extensive and fastest technological revolution in history. The internet, the single most powerful agent of change in recent history, In the words of Arthur.C Clarke, “any sufficiently advanced technology is indistinguishable from magic,” ("Quotations Page: Quote from Arthur C. Clarke," n.d.)The rapid pare and reach of the change wrought by the internet indeed has a touch of magic about them. There are two main ways to go shopping in our daily lives. One is shopping online; another is shopping at the real shop. As a matter fact, shopping online is a new way for people to go shopping. Online shopping is better than shopping at the shop in some ways in my opinion, shopping online has a strong advantage; it helps you save your money in many ways, provides comfort, open standards for communicating data and information between computer.

With today’s smart phones consumers are making purchases online with their phones. An example is someone bought a 1966 Corvette for $75,000 using their smart phone. The availability for people to research the costs of goods and compare them to in-store prices has evolved beyond anybody’s expectations. Even when someone is boasting of a good deal, it only takes a buyer seconds to look up comparable items and prices on their phone. E-commerce is not just e-commerce anymore, it is just plain commerce. By connecting anything and anyone in an instant Ebay has transformed business and quality of life. A person who lives in the backwoods of Wyoming can still purchase high end item and have them the same week. It may take the nearest town’s store months to purchase and sell similar items on their shelves. I know that Ebay has changed the way our household is run. We rely on Ebay to makes ends meet by shaving dollars off goods and clothes we buy on a day to day basis.

E-commerce is one of the grandest trademarks of the 21st century. By allowing anyone with a credit card to purchase any product - at any time - at the click of a mouse, e-commerce has opened a world full of opportunities for the small business owner and the shopaholic. But e-commerce is not without its apparent flaws. It has the advantage of speed, a variety of products, and a great start up for e-commerce businesses, but product quality, bad businesses, and hackers are its main foibles.

Online shopping had gone into business as early as 1992. The number of people that used online shopping had gone up when people started to gain ownership of personal computers. In 2007, 875 million people had at least made one online purchase that year. It continued to grow after that it had been recorded that 9 percent of the United States had been purchasing items online. With the creation of the World Wide Web and a browser sites like Amazon and Ebay had started to come into play. Most of the earliest shoppers were males who know some things about computers and the way they worked, while time passed by in 2001 studies showed that 52 percent of online shoppers were women. Online shopping is a way that retailers could advertise their products and increase sales. Improving the way that we shop today and making it easier for the people. Online shopping is more effective than conventional shopping because it save consumers time, saves consumers energy and consumers would not be as pressured to purchase items.