As the electronic commerce develops to a crucial part of the Internet activity, online shopping begins to dominate people’s shopping experience. The fact that shopping becomes a process that can be done by clicking mouse at home makes people more willing to shop online rather than going out to see the real items. Due to various visual tools and easy returns, apparel gradually becomes the category that drives the growth of e-commerce. Online sales of apparel and accessories are now the fastest growing segment, according to eMarketer, though inability to “touch, feel and try on items” before making a purchase was considered to impede sales online, the sales still “grow 20% to $40.9 billion in 2012, up from $34.16 billion in 2011.” The ascending trend will continue from 2013 to 2016, increasing the total retail e-commerce sales from $289.8 billion to $361.9 billion (Fredricksen 2012). With the proliferation of online shopping, more retail stores see the potential of e-commerce and enter the market.
When most brands have their online stores, the market becomes more competitive and leads to problems. Dozens of online shopping websites have now existed. As well as providing prices and discounts, many websites allow consumers to add reviews and ratings. However, the overflowed choices overwhelm online shoppers, leading them to abandon shopping carts and causing problems of slow loading time, hidden costs and difficulty to make a final choice. According to Naylor’s research in 2013, before consumers check out, seventy-five percent of shopping carts are abandoned. Among these carts, up to eighteen percent are abandoned because the pages are loading too slowly. Smart retailers won’t let themselves lose money; instead, some will...
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...l. To promote the new module, Pinterest can do similar things as Groupon---more shares, more pins, more buyers, more discounts. It can also cooperate with other websites such as Retailmenot, adding the promo code in the searching results of price comparison service. Also, it will be a win-win deal if Pinterest let major shopping websites post their trending items or the most popular items on Pintrends so consumers can save time finding out what is popular. Most retailers add “pin this” buttons to the pictures of their products online. Whole Foods, for example, pins gardening tips that encourages Pinterest users and even users who don’t have an account to share these tips on Whole Foods’ Pinterest public page. At the same time Pinterest’s pictures get more views or pins, the potential that people will buy something from the source page also increases.
As mentioned in our presentation, a small survey we conducted showed us that the main reason why people do not buy clothing online is because they are unsure of the size and quality. This showed us that the probability of someone ordering a good will increase by a significant amount, significant enough to cause a large sales increase.
Being a multi-billion dollar retailer comes with its perks. JCPenney’s dominance over catalog merchandising has now extended into the cyber world at www.jcpenney.com. This website is multi-functional and easy to navigate, but how would JCPenney’s new e-commerce site stack up against its toughest competitor, Kohl’s, on the web? The answer may surprise you. This is an intriguing look at how varied retail comparisons can be. While JCPenney is struggling with sales on the retail floor, Kohl’s continues to exceed expectations in their stores. Online though, it is a completely different story.
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 ...
Here I go again preparing to go to the store Stater Bros and checking my shopping list to see what to buy. As I walk through the store to my left, I can see the organic food and wind up at Services Deli while when going to my right. Buying prepared food saves me time cooking at home and the store has exclusive recipes for everyone. “Human begins walk the way they drive, which is to say that Americans tend to keep to the right when they stroll down shopping mall concourses or city sidewalks,” according to Malcolm Gladwell in his article “The Science of Shopping” (1). He explains how consumers’ shopping behaviors are affected by walking from scanning from left to the right and how it is easier for shoppers to do. Charles Duhigg, writer of The Power of Habit, says that “Realization came from a growing awareness of how powerfully habits influence almost every shopping decision. A series of experiments convinced marketers that if they managed to understand a particular shopper’s habits, they could get
E-commerce Effect on Traditional Bricks and Mortar Examining the online effect of retail shopping, it is highly relevant to look at the impact the trend and how it is changing traditional bricks and mortar establishments. Currently, most retail business is experiencing a rapid decline in retail sales as the consumer is choosing alternatives online. Millennials lack the drive to shop in retail establishments contrary to generations before them. This generation values their time differently and views in-person shopping as a substantial sacrifice and would prefer to spend their time with friends or having adventures. Important to ask the question, “What does the future appear like for bricks and mortar and how can they ride out the storm?”
Vancl is one of the largest online apparel retailers in China with a revenue growth rate of 29,577% from 2007-2010. It has become the first online business-to-customer (B2C) brand for men’s clothing in China, surpassing its rival only few months after its establishment. Vancl has succeeded in its product and brand positioning and is now extending its goods to shoes, women’s apparel, and even household goods. It has made its name familiar to the Chinese market through utilizing a unique online marketing model via advertisements. In 2012, Vancl took 5.3% of the share in independent sales turnover of the entire Chinese online shopping market (Wei & Zhou, 2011). It is a testimony of a successful e-commerce fear for the fast fashion industry.
1. The forces in the marketing environment that have helped boost Pinterest's popularity are the interface of the website, the level of interaction, and the ease of finding the products sold. Customers in today’s market are looking for interactive and unique experience, and many customers reject traditional media and consumer tactics. Additionally, Pinterest retains a word-of-mouth dynamic that makes the buyer feel as though they are receiving insider information on products, rather than responding to a large corporation’s advertisement. Many of the items that are purchased are recommended by friends, rather than by companies.
However, this is likely to change due to e-commerce which has taken a different dimension, from e-marketing to online retail. The introduction of e-commerce has indeed tremendously changed the target market for the industry and consumer preference. According to Mintel, online sales of clothing, footwear and accessories are estimated to grow by 17.3% to reach £13.9 billion in 2017, accounting for 24% of all spend in the clothing retail market.
Shopping is an american pastime for most teens and young adults. They enjoy going to the mall with their friends, and window shopping; going from stores to store and seeing stuff they like. However what makes them buy stuff? one may ask.Shopping is a part of everyday life from simply buying gas to buy new clothes. so what makes people buy? Some store like GameStop and Footlocker had have research such thing, shoppers habits and what make them buy more in order for them to implement new tactics and increase their profitability.
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.
Shopping is something that has to be done whether you enjoy it or not to get essentials needed. We all go places where merchandize is being sold for a specific reason. Whether you go to the mall, shopping centers, or your local grocery store, you 'll always encounter many types of shoppers. Shopping isn’t always as fun as it sounds to everyone, but it is something we often do. This is the only way we get products we need, by personally buying them. You have three main shoppers including impulse buyers, list makers, and bargain hunters.
Online and in-store shopping differentiates in various ways. However, they both are convenient ways to shop. Recently, online shopping has been most convenient for me, but I enjoy both ways of shopping. I believe that shopping preferences change depending on a person’s situation. I noticed that many people are starting to prefer online shopping more than in-store shopping.
Everyone likes shopping, but everyone has their own way of spending when they go shopping. I love shopping, but I hate being at the mall, if I don’t need to be there then I won’t be there. I’ve noticed that when I have money, I do not buy anything, and when I do not have money I want everything I see. From my experience I’ve observed that there are people who shop smart, people who are just plain addicted to shopping, people who join another person while shopping, basically called window watchers.
E-commerce application is a platform where there is buying and selling of products and services which are done by businesses and consumers via an electronic medium
Going to the mall is like being at a zoo. Herds of inconsiderate teenagers crowd the walkways, girls fight over the best pair of shoes, and the merchandise is thrown all over the place. Imagine being able to have a stress free day of shopping without annoying kids running around and the ease of looking at perfect displays that have not been touched by the grimy hands of children. If you could eliminate the younger population from the mall, shopping would be much easier for everyone. Parents can enjoy their day out, girls-day won’t be interrupted by kids running a muck in the store, the employees jobs will be easier by not having to fix the displays that were messed up by children, and the amount of merchandise stolen will decrease if the younger population sticks to online shopping! Shopping