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Affect of online shopping global
Short note on the growth of e-commerce
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Online shopping is one of the most widely used words in the business world. It is very common in developing and developed countries. Now virtual store, market space are very commonly used word. In Australia during last five years online shopping has grown very fast. In the past decade, there has been a dramatic change in the way consumers have altered their way of shopping. Although consumers continue to purchase from a physical store, consumers feel very convenient to shop online since it frees the customer from personally visiting the store, online shopping has lots of advantages like it saves time, energy of the consumer while buying. In Australia the economy is growing very fast and the buying pattern of the consumer has been changed. The people of Australia are now using internet for their economic transaction and this tendency is growing very fast. Internet based shopping is growing very fast throughout the world. In 2012, US retail sale is $320 billion, increased by 18 per cent from previous year and internet now influences 27 per cent of the total retail sales. By 2014, it ...
Based on these concerns, retailers in the international marketplace have their work cut out for them. But through proper education of consumers, and the ever-expanding growth of the infrastructure in many countries, the future seems to be leaning heavily towards using the Internet for many needs.
Electronic commerce (ecommerce) refers to a type of business, or commercial transaction, that engages the transfer of information through the Internet (Boltzan, P. 2008). In other words, it is the buying and selling of goods and services including the transferring of data and funds over an electronic network, predominantly the Internet. The leading benefits of ecommerce include twenty-four seven access, and availability, international scope, larger range of goods and services and the speed of accessibility. Ecommerce utilises a variety of functionalities such as email, Web Services, Fax, Shopping Carts and Online catalogues. After a somewhat slow start ecommerce has developed into the largest retail growth area in the world (Kearney, A.T.
History reveals that first there was a barter system, where people exchanged certain things for another things and there was no concept of shopping. Then came the stores and much later supermarkets evolved. Although there can be hour long debates on the negative impact of the supermarket on small stores, one thing that all will agree is that such supermarkets or hypermarkets have made shopping a convenient one to deal with. Customers need not run to places and make multiple trips for shopping purposes as everything is readily available under a single roof. To add to more comfort in general and help the ones who hate shopping, online hypermarkets are simply a trend setter of modern times. According to experts, it is not only a revolution or marking of a new era. It is a big step ahead in the internet shopping industry in the present digital world.
When people enter into retail shops, they can sometimes find cameras on the corner of the ceiling. People usually guess that the purpose of the cameras in stores is to monitor and protect criminal activities. In addition to preventing people and shop being stolen, it gives a lot of information to retailers and gives safety environment for customers to shop. But, some people insist that it can be used to manipulate customers and is unethical. However, I disagree with the idea that the surveillance of consumers by retail anthropologists is manipulative and unethical.
Online shopping has become a new trend when it comes to purchasing good and services. It was developed by marketers which they had studied consumer’s behaviors and identified possible trends. By developing the trend, retailers have identified some benefits, retailers can take advantage of and limitations that may cause some consumers to not consider purchasing online.
Shopping online has been very convenient for people whose time is limited and don’t have time to go to the store. If you’re life centers around an online atmosphere such as an online profession or college classes then online shopping can be more convenient. It also has many positives in that you don’t have to catch the bus, commute, and also reduces time it will take walking
Due to the rapid growth of Internet and globalization of market, the retail sector has become an increasingly competitive and vigorous business environment. Business and marketing activities are influenced by the changes in Internet technologies
Customers in the new e-commerce generation should expect an experience that is personal, from customer service to products being offered, it’s all about the customer. With consumers turning into retail grazers, an electronic commercial transaction is forced to offer added value beyond just being a distribution point. Customers can and should expect an experience because ecommerce has come a long way in the last 15 years.
Technological advancements have continued to expand Australia’s consumer market globally and remains’ to be one of the fundamental driving factors of globalisation. Since the 1990s development of computer software and telecommunication have increased the amount of information and resources readily available for people and businesses in need. The introduction of computer software into society, particularly the World Wide Web has allowed for instant communication and has revolutionised people’s social life and the modern economy. The increase level of knowledge and communication has provided Australian businesses with the opportunity to further develop their businesses and use the technological advances to provide their services and goods to a larger consumer market. For instance, recent statistics by the NAB Online Retail Sale Index found that Australians are spending nearly $15 billion ...
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)
Shopping had always been people’s necessity. A few centuries ago, people had to go out on the street or market to purchase goods or food with cash in person as consumers and sellers, but where have all the shoppers gone lately? Because of great improvements in technology, online shopping has arisen. Instead of going to the mall or stores and taking hours to look for what is on the shopping list, online shopping became accessible in the recent generation. In 1979, online shopping was invented by Michael Aldrich who was inspired to connecting a domestic television by telephone line to a real-time transaction that he called teleshopping ("Inventor 's Story."). Also, online shopping is another way for companies to sell their products to consumers,
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.
The way of shopping has changed as people are moving from traditional way to online mode. Everyday online shoppers are increasing because of comfort which is linked with this way of purchasing. In recent years, more people than ever before in history are using internet for shopping of varied types of items from Shoes to UHD Television to Airplane tickets etc. This change in style of shopping is visible in most countries of the world including Australia, USA, South Africa, United Kingdom, India, New Zealand, France, Germany and other European countries.
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