The Importance Of Online Shopping

Twenty-five years ago, the internet has played a leading role in people’s lives and countries’ economies. The number of people who use the internet has increased dramatically over time. In addition, they use it in every parts in their daily life. In the past, when people think about the internet, they often think about information. These days, more people think about shopping. Online shopping, which lets customers buy products from a seller through the internet by using web sites, which is one type of electronic commerce. Nowadays, online shopping has become widespread for people and retailers. Retailers have realized that they should move with the times. Therefore, retailers have changed to keep up with this development. Also, they know that E-commerce will push local economies into a booming future. E-commerce gives local businesses new potential for growth unlike traditional retail which does not have the

Online shopping will be more popular than traditional shopping which means a growing economy due to the increasing of E-commerce and online sales. Elaine Giles says that people are realizing that the number of internet sites for shopping will increase (Daily Telegraph Reporter 2009). According to Forrester Research, online sales will double from $16.9 billion in 2009 to 33.3 billion in 2015. Online selling is rising by 10% yearly. The big retailers, who want to change overseas GST, have developed their own online sales strategies (Apostolou 2011, p.32). They know that economies will be positively affected by online shopping. Deloitte Touche Tohmatsu partner assurance and advisory Andrew Griffiths CA says that the retail sector has developed quickly in every segment (Apostolou 2011, p.35). Indeed, a report shows that online retail increased by 12% compared to the last year (Bainbridge 2013). Thus, traditional retail will suffer if they do not develop because of the spread of online