The Benefits of Shopping Online Essay

There are a lot of benefits the customers enjoy when they do their shopping online, such as:

Online shopping and in- store shopping are different in various ways. Online shopping has become an increasingly common staple of life in the 21st century. It is popularity can be credited to the fact that convenience highly valued in our world today. Online shopping is most convenient for individuals that don’t have time to go to the store. If you’re busy with an online job or online classes then online shopping can sometimes be more convenient. It’s also convenient since you don’t have to drive, catch the bus, wait in a long line, or deal with not being able to find item. All you have to do is type in the item you are looking for and it’s there. Once you find the item, you can order it anytime because online stores never close.

When comparing two different ways of shopping most people do not even think about the difference, they do both and not even realize it. In today's society people shop while at work, after work and on the weekends, whenever time permits. Stop and think how can I get more time in the day for family or just myself? The best way to figure that out with all the recourses we have is to go into a store and spend time looking through racks and waiting in endless lines to just purchase something. I compared going into a store verses online shopping; to see which one will save you time and money.

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

Social factors: People's lifestyle is changing. In recent years, more and more people prefer to shop online. Mintel (2015) demonstrated that approximately 70% of Americans would shop online regularly, especially in the 20-34 age group. In addition, recently,

To begin with, online shopping has become the new thing. With thousands of apps at ones fingertips, one can shop anywhere, and at any time. According to the article, analysts say that online shopping is one of the reasons for the drastic decline in sales. Piper Jaffray, conducted a survey of teenagers, and this survey showed that more than three-fourths of teenagers shopped online. Not only can you find better prices while shopping online, but you can get it conveniently and fast as Mr. Matthew McClintock pointed out. However, online shopping is not the only culprit to the decreasing profits for the suffering clothing companies, for unemployment rates factor in there as well.

E-commerce Explain what is meant by the term ‘E-commerce’. It is the conducting of business communication and transactions over networks and through computers. As most restrictively defined, electronic commerce is the buying and selling of goods and services, and the transfer of funds, through digital communications. However EC also includes all inter-company and intra-company functions (such as marketing, finance, manufacturing, selling, and negotiation) that enable commerce and use electronic mail, EDI, file transfer, fax, video conferencing, workflow, or interaction with a remote computer. Electronic commerce also includes buying and selling over the Web, electronic funds transfer, smart cards, digital cash (e.g.

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.

The traditional retail market has been transformed by technological advances. The internet today has allowed consumers to purchase various products from home ranging from apparel to groceries. The online shopping market has grown significantly within the past decade, leading to many online e-commerce startups such as Amazon, eBay, and mobile start-ups such as Instacart. While e-commerce provides convenience for shopping, it has created major disruption to the traditional shopping industries. Traditional retailers have since faced bankruptcy due to their inability to compete with such start-ups. The traditional American toy store, Toys R Us, announced its state of bankruptcy just last month due to a significant decline in sales. More and more consumers are turning to online giants such as Amazon to purchase daily items as a result of convenience. According to the Washington Post, Toys R Us is just one of more than 300 retailers to file for bankruptcy this year, as Americans ditch the shopping mall in favor of their laptops, smartphones, and tablets (Bhattarai, 2017). Shopping which used to require walking or a vehicle trip to stores is no longer required for consumers with online shopping. Online shopping has appealed to consumers worldwide by encompassing the business aspect of service convenience which constitute saving time and/or effort (Jiang, Yang, and Jun, 2012). For consumers whom have busy lives and those whom are physically disabled, online shopping is a positive

There are many reasons why consumers patronize Internet shopping. To a consumer, one reason is that they believe that they pay a cheaper price for the products and services by using the Internet than they would, for similar products and services at the conventional retail stores (Koch, 2003). Research by Harris and Abate (2000) indicates that most Internet prices are cheaper than those charged by traditional retail stores, even with the additional shipping costs that need to be borne by the customers. However, getting a better price ultimately depends on the consumer’s information search behaviour. Consumers who spend more time searching over the internet are more likely to find lower prices or a wider

According to Peter and Tarpey (1975), the risk here can be defined into six components: financial risk, performance risk, physical risk, psychological risk, social risk and convenience risk. Consumers perceive a higher level of risk when purchasing on the Internet compared with traditional retail formats (Lee & Tan, 2003). However, not all products have the same level of risks for online shopping. Bhatnagar, Misra, and Rao (2000) found that consumers might attempt to purchase low-risk or easy-to-examine products such as books, CDs, and airline tickets by Internet more than products more complex to assess online, such as apparel. In fact, the advent of online bookshops such as Amazon has already severely damaged the profits of conventional bookstores. However, for the products of higher risk, such as apparels, it is less possible that online shopping will substitute in-store shopping. Due to the word limit, I will only examine financial risks and performance risks that I think are mostly related in online apparel shopping.

Online shopping is very convenient for people to buy anything they want. It is not like

As we have learned in this course, there is a lot of excitement regarding the fact that businesses are revolutionized by cyberspace. The internet has become a very dominant force in the marketplace and almost every retailer now has a website with the option to purchase online. While buying online is time and occasionally cost efficient, we must weigh the benefits and drawbacks of both methods. To control illicit behaviour on the internet, there must be a model implemented for dealing with undesirable conduct. Based on our lectures, it is my understanding that the purpose of a contract acts as a model to deter illicit conduct but it does not stop all unlawful conduct. In this essay, I will discuss the legal issues surrounding online shopping, more specifically purchasing/booking travel online and the risks associated with that.

The last decade has witnessed a lot of growth of mobile communication devices and wireless technologies across the globe. This has led to a change in the way many activities are conducted and opened the way for m-commerce, which is e-commerce's next evolutionary stage. The significant power of m-commerce is primarily as a result of the ability to connect wireless devices anytime, anywhere (The Future of Mobile Payment Systems : Rise of the Mobile Wallet 2012-2017 [Electronic version], 2011).

Shopping online is where you can purchase products or services online through devices, such as laptops, computers, tablets or smartphones. Online shopping has recently grown in popularity, mainly because it's convenient, easy and usually costs far less than shopping in a store. It also saves you the trouble of searching several stores for a particular product and waiting in long queues. However, online shopping has its drawbacks as you cannot touch and feel the item before buying it, the website may not be trustworthy, you could risk losing your money, could be a delay in shipping and shipping charges may make products more expensive (BusinessDictionary, 2017).