Online Shopping Reflection

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

Online shoppers have increased as well because of the convenience the internet gives the consumers of buying while staying at home.

Rising incomes and a greater variety of goods and services that can be bought over the internet is making buying online more attractive and convenient for consumers all over the country.

I started selling monogram decals on Etsy when I was fourteen years old. I did not know anything about running a business then, so I have learned everything by trial and error. The success from the business has amazed me. I have been able to revamp other people’s Etsy sites while donating thousands of dollars to charities and sponsoring a child in Africa.

According to Vogue writer Kristen Studeman (2014), “Last year, the peer-to-peer marketplace with over 40 million members swelled to more than $1.35 billion in sales. By comparison, $525.6 million worth of handcrafted goods were sold through the site in 2012.” After eight years of independently

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

Now, technology has replaced assembly line workers being able to work ten times faster than man, more and more companies are choosing machine over man power. This has created a new job market for man, creating and repairing the machines when it breaks down. I’m sure you all have heard or used Red Box, this and the ability to download movies right from your TV has practically destroyed the movie renting business. When was the last time you saw a Blockbuster or Hollywood Video?

Now there are corporations that is entirely revenue is from the web and has never had a brick-and-mortars store such as Amazon and Zappos.

Early in “A World Without Work,” The Atlantic expresses fear for future employment by predicting “an era of technological unemployment” (Thompson 7). However, The Atlantic also notes, “The U.S. labor force has been shaped by millennia of technological process….the total number of jobs has always increased” (Thompson 7). While in the past, employers searched for pinsetters, milk men, newspaper readers, ice cutters, and typists, now, those occupations as well as similar jobs have been eliminated due to the increased role that technology has played. However, the United States Department of Labor shows that new jobs are constantly appearing. In fact, “During the Clinton–Gore administration, more than 19 million new jobs…[were] created—a rate of growth more than twice that of the previous decade. High-technology industries account for one million of these new jobs” (“Futurework”). With the increase in technology around the world, thus, an increase in globalization, new generations have used technology as a resource rather than a limitation in order to create more unconventional work, as demonstrated during the Clinton-Gore

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There are about “700 current or former employees had information including their names, Social Security numbers and wage data compromised in the attack” (Peterson).

The Internet has changed the way we do virtually everything, including the way we shop. However, shopping is not the only thing that has changed. In the last decade we have changed the way, we apply for loans, study, and even plan a vacation. Doing any of these things would have been impossible a few decades ago. At present, online banking, paying bills, ordering new services, and shopping online have become part of our daily lives. Traditional brick-and-mortar stores have been around much longer than online stores, but we cannot deny that online shopping is giving the traditional stores competition. Many consumers still choose to shop at regular brick-and-mortar stores because they like to see and

No job is ever truly safe, but automation, globalization and increasing efficiency are three major reasons for declines in job categories. As parts of jobs are rendered obsolete or get systematized, responsibilities sent overseas and workers themselves forced to get more productive, it takes fewer people to perform a function a business may need. CareerCast, a job search company that tracks “endangered” jobs and predicts the top 10 job occupations forecasted to decline between 2014 and 2014. These positions include postal worker, typist, meter reader disc jockey, jeweler, insurance underwriter, tailor/seamstress, broadcaster, newspaper reporter and computer programmer. (See Figure 2.5) (Ivanova, 2016)

Good evening, I appreciate the time I was given at your store when I purchased tires. My family has always bought tires from your company but I was disappointed with my last purchase I made on September 8th 2016. I purchased four new tires and a spare. As I was on my way to school on Interstate 20, my tire blew out. I stopped on the side of the freeway to change it because I was also in a hurry. I checked my spare and it was also flat.

Retailers have adapted to the online marketplace out of necessity and opportunity. The great recession placed many retail companies in financial hardship and while some failed, others innovated and became some of the largest companies in America such as Amazon. A recent trend is consumers are buying more products online than ever before. As a consumer, I enjoy shopping in the convenience of my home and having the items delivered to my doorstep in 48 hours or less. Global internet access continues to increase, with mobile devices and affordable internet for the home, consumers will continue to shift and buy products online rather than in retail brick and mortar locations. Online sales in the United States have increased over 250% in the last ten years, accomplishing $250.0 billion in 2012 (Tehrani, 2014). Therefore, Amazon is in a solid market position to capitalize on the future trends and booming ecommerce