ONLINE SHOPPING ABSTRACT Online shopping basically provides the way consumers go shopping and purchase services and goods with reasonable price on the Internet. For some consumers, shopping and purchasing online have become part of their daily lives, while others may not even care about it. The primary objective of this project is to study the importance of Online shopping. The importance of the online shopping is to determine through two important factors. The first important factor is to know customer perception about online shopping.
Sometimes consumers have difficulty finding what they need online. Amazon stocks far more items than any physical store, so big data is essential in helping users to work their way through such a massive inventory, and to do so more quickly that most consumers will in a store. An example of how big data has impacted shopping – and online shopping in particular – comes in the form of plans that businesses are making for the upcoming holiday season. For retailers, the holiday season is the busiest of the year, and they have been using big data to prepare for this, by using data that they have capture in previous years to learn more about how their consumers make buying decisions. By giving consumers experiences that have background relevance, retailers hope to sell more.
The comprehensive nature and specificity of the site make it an extremely valuable resource. Conclusions Shopping bots are personal agents in embryo, and are currently an exciting development made possible by web-based e-commerce. The functionality of shopping bots is changing rapidly in what is becoming an enormous market opportunity. The war for portals has subsided, and the next battle will be between the search services, including shopping bots, and the actual vendors. Both are competing for the loyalty of the web-savvy consumer.
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.
The Prevalence of E-Commerce Introduction The most common and traditional way to purchase goods for us is go to the high street stores where we pick up the goods what we like, pay for the prices at the check-out desk. However, the way has changed; 21 century is the world with E-commerce. People can no longer go to stores instead of buying all products at home over the internet. We can’t ignore the benefits of e-commerce. For consumers, e-commerce is great as everyone likes the ease and convenience of shopping online.
Secondly, the author compares three selected Web sites and focuses on the purchase itself. Last, the author outlines some friendly concerns and recommendations to make the on-line shopping enjoyable and safe. Basic Precautions Research and preparation prepared are the keys words for the e-commerce shopper. Finding the right web site is important when shopping online. The world of shopping on the Internet can present many hurdles and be tricky for the naïve consumer.
E-commerce Introduction E-commerce is the buying and selling of goods and services using the internet. It is facilitated through online shopping, online marketplaces, or electronic data exchange. It can also be described as a market where buyers and sellers transact via internet and payment is made through E-credit. Although traditional business is also present and highly used in the world, the e-commerce is rapidly becoming popular forcing traditional business to go online. Importance of the E-commerce Cheap and Convenient.
Technology will transform the way brick-and-mortar business carry out their daily transactions. Brick-and-mortar businesses can use these technologies and the behavior of consumers to enhance their business. Customers are used to shopping online therefore businesses should give them the opportunity to shop online even at the... ... middle of paper ... ...m/stories/2008-08-21/business-and-startups-in-second-life Thomas, N. K. (2011, April 9). What Is E-Commerce and M-Commerce? Retrieved March 7, 2014, from http://ezinearticles.com/?What-Is-E-Commerce-and-M-Commerce?&id=6193761 Tiffany, L. (2007, January 8).
With online shopping, you are able to search those items across the world for the best deal. Many shoppers often find cute items in the stores but become devastated to realize that it did not come in their size. When they search online to compare prices, the opportunity to find the size they prefer is given also. They are not limited to one local store or waste time going from store to store. Purchasers are taking advantage of these endless
The Rise of Technology-based Capitalism The rise of the Internet in the last decade has brought about a new form of business that has revolutionized the way in which the companies of today operate. There are many possible explanations for the rise of this form of business in society, and all of these explanations are debatable. The rise of digital information and information technology has created a powerful tool that mutually enables consumers and companies to bring about the transformation of traditional capitalism. Companies such as eBay, an online auction site, have created a virtual marketplace for the collectivity of buyers and sellers, improving the dynamics of capitalism. These companies leverage the accessibility, efficiency and information-richness of electronic commerce using the Internet as a tool for the transmission of information.