Online Shopping Essay

537 Words2 Pages

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 ...

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