General Introductory statement Thesis Statement Body Economic Merits Learning to make prudent economic decisions More efficient than older shoppers Social Demerits Leads to bullying Creates immature in relationships Commentary Significance of human feeling Potential social issues Knowing how to shop Real commercial environment Conclusion Thesis Restatement Personal opinion Reference Page The Internet as an obstacle:
Economic and Social Negatives for the Next Generation Introduction The internet has influenced our lives and relationships in various ways. Computers and mobile devices connect us to the internet in ways only dreamed of in the past. Its use increases exponentially and new media is always is added. It is impossible to fathom the
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First, they learn how to make wise economic decisions when shopping there. As a marketplace, the internet offers much more than what any single brick and mortar store can to mom or pop. Because of this, the internet simplifies comparison-shopping and offers buyer reviews about products and services available there (Riemann & Hendricks, 2009). June Williams from Consumer Today has studied teen behavior on the internet and came up with the same observation to Riemann and Hendricks’s. She notes that the internet has been effective in aiding online shopping behavior among teens since they spend more time on their precious computers.
Effective Shopping Second, it seems that not only teens do comparison-shopping, but they also tend to do it more efficiently than the older users. This is because of growing up in the technology era and being adept at navigating the system (as cited in Rhinemann & Hendricks, 2009). Though younger users may have a lower economic literacy, research has shown that they more than make up for incremental and point definite deficit by knowing how to work the system (Cater, 2010). Children surf circles around the aged benefactors of older but less work the system (Cater, 2010). Children surf circles around the early patrons of older but less internet-oriented shoppers, so kids get economic benefits from the internet.
Social Demerits of the
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
There have been many studies done on the negative psychological and sociological effects of technology while some may be true technology has its share of positive effects on society. The advances of technology have aided in the access to information from relatively anywhere. According to Hepburn (2013) “By the end of 2014, the number of Internet users was expected to be almost 3 billion, two-thirds of whom live in the developing world, and the number of mobile broadband subscriptions was expected to reach 2.3 billion globally” (as cited in Yáñez, Okada, & Palau2015, p.89). It has become easier to stay connected to family, friends, access personal information, and has improved educational opportunities. Technology is always evolving and changing for the better. “Mobile technologies and networks are increasingly expanding in their sophistication and capacity, and new applications (software programs) are enhancing the ways in which individuals interact” (Giota, 2014).
Shopping has become a daily activity which happens a billion times in America and around the world. We cannot imagine how our lives would be affected if shopping was suddenly stopped. Malcolm Gladwell and Anne Norton both write articles about two sides of modern day shopping: how consumers have impacted the retail industry and how the industry influences consumers. In the article " The Science of Shopping," Malcolm Gladwell, a well-known writer and journalist, analyzes the shopping behaviors of customers and how retailers can lure customers; while Anne Norton, a professor of political science at the University of Pennsylvania, in
Years ago, most people thought that it would remain impossible to click a button and place an order to buy something. Today about “195 million online American consumers” order take-out, book hotels, flights or even grocery shop (Weinstein 1). Many people can pay bills and transfer money to other people through a click of a button on their smartphone. 100,000 online consumers took a survey to reveal that most people preferred online shopping than physical shopping. 73% said it “[was] time saving” and also 58% of those people said they “liked it more because there were no crowds or lines.”(Weinstein 2). Consumers care more about the time used up than going to the store to look and try out the product in person. The internet offers a huge amount of choice and diversity in how people want to do things. But with the majority favoring online shopping, it just shows the laziness of our
An increase in Internet maturity, correlates with an increase in real per capita GDP on average of $500. Looking back to the Industrial Revolution, it’s growth took 50 years to achieve these same results. This demonstrates both the magnitude and impact the internet delivers to all levels of society. In the French Economy, the internet had reported to have destroyed 500,000 jobs over the past 15 years, but has also over those same amounts of years has created 1.2 million new ones. For every job the internet has taken away, it’s created twice the amount. It’s safe to the internet has been able to increase the worlds GDP bringing great growth to the
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.
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
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
The Internet is a technology that has negative impacts on our daily lives. It has changed aspects of our life for the last 50 years, and it has demonstrated the considerable influence on people’s lives. Almost 3.2 billion people in the world use the internet. The Internet has gained acceptance across the globe, and it has also become a reason behind the critical changes in the modern society. Some of the changes are social isolation, health disorder, lack of privacy and internet addiction.
In today’s world Internet has become one of the most important mediums of communication. It has become the lifeline of our survival. It has removed the entire social, economic and physical barrier and has immense effect on our day to day activity.
There is a big influence of technique on our daily life. Electronic devices, multimedia and computers are things we have to deal with everyday.
There are more categories of products on the internet. And there are a lot of choices that people can choose, so they can buy what they want. The choice of a store is very much influenced by location and store types (Sinha, p.14). But brick and mortar stores have fewer kinds of products than online, and online shopping does not be influenced by location. Also, people do not need to be afraid to go buy some private things, if they want to buy in public store, such as, sanitary towel, underwear and so on. Because they can buy it on the internet and even it has more choices. Moreover, if customers want to buy a lot of things, and those things are not in the same place, then they need to run around here and there to buy all kinds of products they want. However, online shopping does not have this problem. People do not need to go out on a sunny or rainy day, just stay at home and pay it on the phone or computer. But the mall can provide some services for customers that are not available online, such as urgent care medical centers and roller coasters (Resnick, pp.1127-1128). Even then, online shopping is still better than traditional shopping. Furthermore, people can compare merchandise from different shops, so they can choose the cheapest and the best. Customers can try on new forms of apparel in stores, but it is too risky to purchase it based on pictures and text description in the internet (Resnick,
There are dangers of online communication such as social networks where users can lie about who they are [4]“Megan thought she was being abused by 16-year-old Josh Evans, she was actually talking to Lori Drew, the 49-year-old mother of one of her former friends who, it is alleged, had set up a fake profile to taunt Megan.” in social networking sites it is very easy for people to