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Effects of online shopping essay
Effects of online shopping essay
Impact of the Internet on shopping
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Does online shopping cause you to spend more money?
In the past people in the United States didn’t have internet. Today however, online shopping is expanding in the world such as Amazon, eBay, Forever21, and Walmart. There is a lot of history of online shopping. There are many reasons why this change has occurred, but this essay will also outline what causes people to spend more money shopping online. Over the last ten years the history of online shopping has exploded. Julie Knapp “In 1990, was the first worldwide server and browser was created”. The second important step in the history of online shopping, beyond the internet itself, was online banking. Online banking started in 1994 making it easy for transactions online. Pizza hut was the
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This gave room for any college student to get a free credit card. For example, a college student could get a credit card with no job, no verifiable income, no credit history, and even with a co-signer. So pretty much back in the day anybody could apply for a free credit card. All the students that got free credit cards years ago are now very much in credit debt. Today the recent changes to credit card laws now require credit card companies to verify a student’s income before giving them a credit card. Some credit card companies say you can get a free credit card, but don’t say you have to pay it back. Credit cards are not free to the public no more sense the law has changed. Nowadays many people still get credit cards, because it helps young adults get a credit score. Everybody that applied for a credit card back in the day are probably in debt now for life, cause of how much they spend.
Advertising plays another role of spending more money online. People that watch less TV spend less things they won’t and people that watch a ton of TV tend to spend more online. Once you go to a site they always have a sale or trying to advertise some new items to you. Retailers usually have better sales online than actually walking into a
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Also on the internet, you can request them to send the merchandise or deliver the items to our own family or friends. Some products are not available in your country, but with the existence of these services. Online sites can reach to the farthest countries on earth. For example, eBay provides various kinds of products sold all over the world such as china, Tokyo, United Kingdom, and Korea. The effects of online shopping is fraud and addictive behavior. Fraud happens when you’re not careful in purchasing products online. Customers sometimes don’t realize about the condition of a product until they receive it or the product they paid for still hasn’t arrived. Failure to disclose relevant information about a product or the terms of sales. Some sites don’t list reviews, photos, or description of the product; if that’s the case you shouldn’t buy anything item from that website. Another danger is phishing, phishing is the activity of defrauding an online account holder of financial information by posing as a legitimate company. When customers are fooled into thinking they are dealing with a retailer. Some fake retailers scam you to buy a product, and get your card information and everything. The consumers are actually feeding information to a system operated to a malicious
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 ...
With the onset of technology, online stores or merchants have been a byword of those people who wants to shop comfortably even at the comfort of their own homes. Online shopping is now “in” and is really a booming industry. Because of these, different online stores have invaded the net.
Around the holidays, most consider shopping via Internet the most safe and convent way to go. You never leave the house, so there is no need to worry about those thieves running the streets snatching bags and picking pockets. But, shopping online holds risks just as great as shopping in the stores. The Internet may say your information is safe and will not be shared with anyone else, but who really knows? Very rarely people find out their victims of credit card fraud before too much damage has been done.
Numerous college students own a credit card and half are seriously in credit card debt. Credit scores, payments missing, and interest rates can be financially devastating. There are some factors that contribute to college students being in credit card debt like college students actually paying for tuition, school supplies, and textbooks. Jill M. Norvilitis and Philip Santa Maria points out that “it does not matter what type of card individuals use, the reasons are particularly understood; for college students, credit cards are their only means for paying for their education”. The Card Act helps guide students in campus and informing them about the agreements of the card and preparing them to get financial experience. Some individuals agree that college students are applying for a credit card at a young age and getting in debt early. Even though college is a place where teenagers come to gain information and skills for jobs or to get in debt; should college students have a credit card?
Online buyers also have many concerns about shopping online. From the same article mentioned above, the following were tallied:
Online shopping has been growing since the put the first online store on the web, now you can shop from anywhere around the world and have it shipped to you directly. Comparing the product against other online store competitors; making it easier to find the best price on the web. You can research the product and make sure this what you need before buying it. The internet is twenty-four hour shopping center, you can shop at what ever time you and wherever you have time for it, making it more convenient to use online shopping. Using it can create more time for the things you would like to do.
Customers like to stay entertained while hunting for the perfect gift. Shopping in stores can be boring at time causing the customer to shop online in the comfort of their home (No One Is Talking about a Major Reason That People Aren 't Shopping for Clothes in Stores). Online shopping can be more exciting to people than going into the actual store.
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.
In conclusion, e-commerce makes our life much more easier, because it saves time, we can get our goods with in a short period of time, other than that it connects to businesses around the world, we can buy goods that we can’t get from the local market. The last thing we also can get goods that are not available in the shopping mall and with the cheaper price. As I know, using e-commerce to shop online is the right choice for because it is so convenient.
Having a credit card can be a great thing if you learn how to use it effectively. In the article The Case for College Students to Have Credit Cards by Erin Lowry she states that “Credit cards also offer students without loans the opportunity to establish their credit and spend four years proving they are responsible borrowers before graduation. Lest we forget, recent grads who don’t want to return to their parents’ basement will need a credit score to get their own apartment or house.” When you are in college or done, you should start to look for your own place, whether it be an apartment or a house you will need a credit score to be able rent or purchase a home. Credit Cards are amazing little plastic things if you think about it, but they can also not be a such a great thing. They can produce the small but big scary word that no one wants to think about; debt. In the same article by Erin Lowery she says “A credit card shouldn’t be used any differently than a debit card, except you have to pay your bill at the end of the month instead of automatically seeing the money get deducted from your account.” I couldn’t agree more. It is essential to understand this part of having a credit card because if you don’t repay your balance then you are just getting yourself in a sticky mess. Learning what debt is and knowing not to get yourself to far into debt is a “key to success” when
The Information revolution is changing our daily lives. With the rapid development of computers and the internet, online commerce has become quite common and plays an important role in the modern world. Online business has been booming in recent years. US online retail sales rose an average of 11% in the first three months of 2009 (“US Online Sales Up,” 2009). The growth of online sales may be due to the growing number of consumers who shop online.
Many advertisers are spending time and money on online technologies. More marketers are advertising on internet and more companies are doing online business as well, so this is increasing the revenue of online media. Newspaper advertisement is declining because internet advertisement is facilitating both the marketers and the consumers. (Evans, David S. 2009)
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.
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
Online shopping allows you to compare prices with other stores and endless sizes and colors are available to you that normally wouldn’t be in stores. The convenience of being able to check multiple stores prices without having to waste gas to drive to multiple stores to find the best price is just one of the many ways shopping online can save you money. We all know children grow at an exponential rate so having to go to the mall multiple times a month is frustrating and tiring. Being able to have someone deliver whatever you desire right to your doorstep is like receiving a gift. Another pro of online shopping is having access to customer reviews. Yes, you may be able to physically hold the item if you were buying it from a store, but by reading the customer reviews you can decide if the product is worth the price. You can even write your own review to inform other people of your opinion of the product. If you don’t like the product, most places allow you to ship it back hassle-free with a full refund or