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ICT in shopping
Advantages and disadvantages of online shopping
Advantages and disadvantages of online shopping
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Computer has brought about amazing revolution in the life around in the present day world. Its use, now it so seems, has become a necessity, and has created for itself indispensability. Internet has transformed the life and information technology. It is a melting pot of so many technologies which provides multi-media information facilities at low cost and great speed. The approaching trend on the internet now is online shopping. It is a process in which one can buy or sell items online via the internet. It has many advantages, but is not always the best way to shop.
Online shopping can be an easy alternative to leaving the house and going to a specific shop. It enables the elderly and the disables people to purchase the products and the services that they need. It also cuts a lot of hassle and energy of going to the store but may also result in an expensive buying due to shipping and handling charges. “Constant connectivity, contextual relevance, and a multi-screen world are changing both online and offline shopping” (Ramaswamy, 1). E bay and Amazon are the two most renowned and trusted websites for shopping online. Conventional shopping in the brick and mortar building entails leaving home to jostle with the traffic, crowds, and long queues. It erases the stress of having to wait in huge lines and dealing with the incompetent cashiers. Its ability to allow users to compare items at different stores online is incredibly straightforward and effective. Those retailers making use of tools from the net have a chance to stand out in today’s market. Smart retailers need to be there when inspiration strikes consumers and they start searching for their purchases online. According to Sridhar Ramaswamy, it also enables the retailers to pro...
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"Online Shopping." (n.d.): n. pag. Rpt. in The Economic Times. By Raghuram Rajan. N.p.: Raghuram Rajan, 2006. Print.
Perry, Eva. "The Importance of Using Secure Servers When Shopping Online."Happy Living Magazine 2009: 1. Web. 28 Apr. 2014. .
Ramaswamy, Sridhar. "Shopping Then and Now: Five Ways Retail Has Changed and How Businesses Can Adapt." Google Think Insights. Google, June 2013. Web. 28 Apr. 2014. .
Thau, Barbara. "New Study Reveals Why Consumers Really Shop Online (Surprise: It Isn't Low Prices)." Forbes 10 Aug. 2013: 1. Web. 28 Apr. 2014. .
In recent years there has been major growth in the wider business world surrounding the overall influence that the retailing industry holds and because of which, retailing and the issues that surround it have become a vital influence in today’s global economy. (Fisher & Raman, 2001)
Amazon.com operates in the Online Retail Industry. The sector is one of the fastest growing globally and is outperforming the ordinary retail marketplace. It was created after 1995 and it was only the Internet that made it possible for such an industry not only to be established but to become one of the most flourishing sectors in the business environment. What is interesting is that Amazon.com, together with eBay is the pioneer in the field. Both companies were launched in 1995 and are still extremely successful. The creation of e-mail in 1996 had a huge impact on the development of online retail by introducing a fast and easy way to communicate with customers. For this two-year period Internet usage doubled annually, thus, allowing for the expansion of the industry. Google is launched a year later, in 1998, only to become the most used search engine in the world and an essential partner for the online retailers by helping them tailor their websites to customer’s personal preferences and by advertising. After that, more and more people see the opportunity in the growing industry and enter it. By 2001 there are more than 513 million Internet users globally, which calls for action in terms of creating regulations and laws to protect the users and personal property. In 2003, Apple launches iTunes, and provides a platform for low-cost digital downloads. Another major change is the appearance of social media from 2004, which is one of the biggest influencer on the state of the industry. With the launch of iPhone in 2007, this trend strengthens as people get to enjoy the Internet anywhere they want to. From then on, technological advancements have made it extremely easy and fun to shop online, making it ...
When comparing two different ways of shopping most people do not even think about, 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. Did you ever stop and think how can I get more time in the day for family or just myself? The best way to figure out with all the recourses we have; still most of us go into a store and spend time looking through racks and waiting in endless line to just purchase something. I compared going into a store verses online shopping; to see which on will save you time and money.
The Indian retail industry has emerged as one of the most dynamic and fast-paced industries due to the entry of several new players. It accounts for over 10 per cent of the country’s Gross Domestic Product (GDP) and around 8 per cent of the employment. India is the world’s fifth-largest global destination in the retail space.
4. The internet has changed our shopping habits and we will continue to do so. E-commerce websites have opened up the world of “non-geographic” retail — a retail world without the need to visit the physical store. The emergence of “Retail” from retail has been the biggest change over the past 20 years.
The retail industry has experienced doom and gloom since last few decades. Digital retail Renaissance is on its way, transforming the retail world linking consumer, device and data generating a smarter shopping experience. With the perfect combination of smart in-store and online outlet, retailers can enjoy a profitable commercial future in the long run.
With technology becoming a part of our everyday lives, consumers are now starting a new trend that is taking over the industry, online shopping. With this trend, comes opportunity to create a consumer base that revolves around the home shopper. We live in a time where we want instant gratification, consumers do not want to wait for their products; they want to purchase an item; and they want it now. Online
People are always going to go shopping. A lot of our effort is just: 'How do we make the retail experience a great one? '” - Philip Green
The high take-up of the Internet leads to variety of opportunities in front of companies. People are more online than ever. They spend many hours each day on Social Networks such as Facebook and Google+. It is no wonder that buying and selling can now be done in a more convenient way. Although traditional shopping is still thriving, online shopping can be an alternative for people wanting to save time and money. If a certain customer plan to go shopping, it could be stressful and also be time consuming. E-business has made shopping or any kind of transactions online much easier and convenient. It introduces new facilities, opportunities and way of shopping for both vendors and customers.
The Information revolution is changing our daily lives. With the rapid development of computer and internet, online commerce become quite common and plays an important role in the modern world. The online business has booming development in these few years. US online retail sales raised an average of 11% in the first three months of 2009 (“US Online Sales Up,” 2009). The growth of online sales may due to the growing number of consumers who shop online. In the case of Asia, survey reported 77.6% of Internet users have online shopping experiences in 2003 (as cited in To, Liao & Lin, 2007). Online shopping is very different from traditional shopping. Consumers cannot touch and check the product before purchasing it, which means they are at higher risk of fraud than traditional shopping. Consumers also have other concerns such as credit cards security of online shopping. Then questions should be raised: what is the advantage of online shopping? Why people shop online? In following paragraphs, the advantage of online shopping for the consumer and consumer’s motivation to shop online will be reviewed and discussed.
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 an item. All you have to do is type in the item you’re looking for and it’s there. Once you find the item, you can order it at anytime because online stores never close.
Online retail and shopping sales has been growing consistently every year, not just in the US but worldwide. Not only does online shopping give customers more convenience, more variety, and more discreetness but it also gives customers better prices. While it is quite true that Wal-Mart has product variety and cheap prices – things customers want – the physical stores do not really give the convenience and discreteness that online retail and shopping does.
The Internet is rapidly becoming widespread and widely used as a tool for globalization across the world. As the Internet became more easily accessible by most people in the world, the web is bringing significant implications and changes to the way we live, including the way we shop. There is a rapid growth with e-commerce and moving businesses onto the web and retail success is no longer about stores and shopping centers. In developed countries, about two thirds of the population have access to the Internet making the option of online shopping is easily accessible to most people (Valerio). With the ease of shopping in your own home there are many benefits of doing your shopping online. Consumers can easily compare prices online, there is a larger range of products on the web, you can save time by having your shopping delivered right to your doorstep and it also overcomes physical barriers. Over the last decade online shopping has challenged and replaced the traditional means of physically going into shops as the digital world has provided customers with further convenience, flexibility and comfort from shopping from your own home.
In today’s era “INTERNET” is playing a significant role in our daily life. People can walk through the internet to one who is actually living on the different side of the planet, can send mails round the clock, search information & even buy things online. With this invention of internet there is a shift in traditional way of shopping. Now there is no need to open a physical store. One can be active at any time and place and purchase products and services. The number of users of internet is increasing day by day which means that online shopping is increasing. Various characteristics of online shopping is making it more convenient for the customers, as compared to traditional way of shopping such as the ability to view and purchase goods and