Online Shopping has Greatly Imrpoved Life for Consumers

1631 Words4 Pages
bulb-icon

Recommended: The significance of online shopping

Online shopping, also known as web store, is defined as a form of electronic commerce which allows consumers to directly purchase goods or services from a seller over the Internet using a web browser. It is not web storage, a built-up system in the Internet whereby one stores and shares data. Online shopping is similar to social shopping; a method of e-commerce where shoppers meet online to shop together. It is not similar to communal shopping; a method of shopping where the shopper enlists others to participate in purchase decision by giving reviews on a product to help customers decide. Online shopping has now become popular due to its convenience and its efficiency has improved its consumers’ lives, over time; consequently, it may replace the conventional shopping activity.

In a nutshell, online shopping consists of online customer, marketing administrator (manage products), payment processing system, warehouse clerk (fulfill order), and warehouse manager (manage inventory). Web storesprovide service such asmember accounts, checkout &payment, customer-friendly shopping (product ratings and reviews), and shopping security. There are also exclusive features including product features, ratings and reviews which are helpful to assure consumers of the quality of products and persuade them to purchase. Amazon, Ebay, and Alibaba are examples of the largest online retailing corporations, followed by another web stores like Wal-Mart, Best Purchase, IKEA, or small online stores in FaceBook, Instagram, Blogs, etc.

Primarily, the importance of online shopping for consumerlies in their convenience services. Online shopping can be done at home and consumers do not have to worry about the inconvenience caused by the traffic-jam. They can ...

... middle of paper ...

...e Shopping Increasingly Popular. Leisure and Culture [Online]. Available at: http://www.cbs.nl/en-GB/menu/themas/vrije-tijd-cultuur/publicaties/artikelen/archief/2011/2011-3335-wm.htm [Accessed: 18th February, 2014].

The Economist (2012) Making It Click. 25 February, 2012.

Wikimedia Images (2012) Use Case Model for an Only Shopping System [Online]. Available at:http://upload.wikimedia.org/wikipedia/commons/8/83/Online_Shopping_System_Use_Case_Diagram.jpg [Accessed: 29th January, 2014].

Wikipedia (2012) Social Shopping. Available at: http://en.wikipedia.org/wiki/Social_shopping [Accessed: 27th January, 2014].

Wikipedia (2013a) Online Shopping. Available at: http://en.wikipedia.org/wiki/Online_shopping [Accessed: 27th January, 2014].

Wikipedia (2013b) Communal Shopping. Available at: http://en.wikipedia.org/wiki/Communal_shopping [Accessed: 27th January, 2014].

Show More
Related

  • Analysis of Amazon.com

    2511 Words  | 6 Pages

    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 ...

    Read More

  • A Look at Amazon.com

    719 Words  | 2 Pages

    Technology plays a big part of the e-retailing industry. It has many positive qualities that impact the industry. Technology simplifies the purchasing process. Since the industry is web based, it helps eliminate the nuisance of not having products when wanted by having the capabilities of placing orders 24/7 at any computer with web access. Technology will also standardize the purchasing process thus reducing processing costs associated with traditional processing.

    Read More

  • The Internet and International Business

    1515 Words  | 4 Pages

    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.

    Read More

  • Recommendations for Tesco Malaysia Improvements

    1328 Words  | 3 Pages

    In 2012, Malaysia has 29.24 million of population, 65.8% among these people (approximately 19.24 million) are internet users (World Bank, 2012). In other words, Malaysia has about 17 million of people who shops online which is a very huge market. To adapt to this trend, Tesco Malaysia has started the Tesco Online Delivery Services that is convenient to consumers and it is the first hypermarket in Malaysia to provide an online delivery service. However, not all areas in Malaysia are able to enjoy this services, Tesco Malaysia only offers this service to some cities and towns within Klang Valley, Penang and Johor Bahru (Tesco Malaysia, 2012), (Refer to figure in appendices). For recommendation, they should provide online delivery services nationwide in order to reach to a broader audience and also people in urban, suburban or rural areas as well as in other states so that all consumers can enjoy the same convenience provided by Tesco Malaysia through online delivery service. With this implementation for the long run, Tesco will be able to satisfy and gain more customers because of their online delivering service.

    Read More

  • Big Data Impact on Online Shopping

    584 Words  | 2 Pages

    Big data is the term for massive data sets that require computer processing to uncover minute bits of data that may have otherwise gone unnoticed. As calculating power increases, such data points are becoming used for many things, and retail is one of them. Macy (2013) notes that the use of big data has been driven by retailers as they seek to enhance their "path to purchase" methods. Online retailers in particular seek to develop their websites in ways that encourage the most purchases, and that requires the use of big data. For the shopper, this is also a benefit.

    Read More

  • Compare and Contrast Essay: Online Shopping vs. In-Store Shopping

    576 Words  | 2 Pages

    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.

    Read More

  • Growth of Online Shopping Around the World

    2032 Words  | 5 Pages

    The Internet has significantly transformed how consumers shop for goods or services. While traditional in-store shopping still dominates in some industries in various countries, it has done little to increase convenience, efficiency, and ease of shopping and making travel arrangements. According to a survey conducted by the Nielsen Company in March 2010, there are some products that are universally bought online ...

    Read More

  • E-Commerce Shift Towards Personalization, Dynamic Pricing, and M-Commerce

    1640 Words  | 4 Pages

    Over the last few years the rapid expansion of the internet has lead to many technological, business and social shift. Examples of such shifts are the increased demand for greater internet bandwidth, the movement from physical shops to online shops and the social acceptance and trust in using the internet for financial transactions. As the internet and E-Commerce become more integrated into our lives they continuingly drive changes in how we work and live as mentioned above. The future of E-Commerce promises to bring further changes in our lives as the internet continues to expand and it is these possible future shifts which I will discuss in further detail.

    Read More

  • Recommendation for Walmart, Inc and its Online Presence

    638 Words  | 2 Pages

    Online retail and shopping sales has been growing consistently every year, not just in the US but worldwide. Not only does online shopping give customers more convenience, more variety, and more discreetness but it also gives customers better prices. While it is quite true that Wal-Mart has product variety and cheap prices – things customers want – the physical stores do not really give the convenience and discreteness that online retail and shopping does.

    Read More

  • Essay On Importance Of Online Shopping

    9903 Words  | 20 Pages

    The trend of online shopping has increased rapidly in the recent years with the development of internet and due to the easy accessibility of internet usage. Easy access to internet has driven consumers to shop online Books, airline tickets/reservations, clothing/shoes videos/games and other electronic products are the most popular items purchased on the internet.

    Read More

  • Holiday Shopping

    969 Words  | 2 Pages

    Customers are quick to fall into the category of “belonging” found in Maslow’s hierarchy of needs. They feel as if in order to belong or to feel loved and respected by others they must try to attain what everyone else has or wants. This is especially true during the holiday season when people feel that what they buy reflects how they feel about the people they buy presents for. If you feel that you must purchase a certain present that you know will be out of stock and hard to find, you are better off shopping online or by mail. Shopping online and by mail is becoming the new wave of shopping and it is a smart, convenient, and timesaving process.

    Read More

  • Online Shopping Essay

    1612 Words  | 4 Pages

    In today’s era “INTERNET” is playing a significant role in our daily life. People can walk through the internet to one who is actually living on the different side of the planet, can send mails round the clock, search information & even buy things online. With this invention of internet there is a shift in traditional way of shopping. Now there is no need to open a physical store. One can be active at any time and place and purchase products and services. The number of users of internet is increasing day by day which means that online shopping is increasing. Various characteristics of online shopping is making it more convenient for the customers, as compared to traditional way of shopping such as the ability to view and purchase goods and

    Read More

  • Essay On Online Shopping

    725 Words  | 2 Pages

    Online shopping is the latest and greatest craze in the history of the internet, it’s fantastic! You can sit in the comfort of your own home, being as daggy-looking as you like and shop for all your pantry needs or buy that dress you’d like to wear out this weekend, its takes shopping to a whole new level. My favourite online shopping (because I’m female) is online fashion, I love the convenience of being tired and not having to go anywhere to get an outfit.

    Read More

  • Study of Clothing Online Shopping

    3669 Words  | 8 Pages

    The high take-up of the Internet leads to variety of opportunities in front of companies. People are more online than ever. They spend many hours each day on Social Networks such as Facebook and Google+. It is no wonder that buying and selling can now be done in a more convenient way. Although traditional shopping is still thriving, online shopping can be an alternative for people wanting to save time and money. If a certain customer plan to go shopping, it could be stressful and also be time consuming. E-business has made shopping or any kind of transactions online much easier and convenient. It introduces new facilities, opportunities and way of shopping for both vendors and customers.

    Read More

More about Online Shopping has Greatly Imrpoved Life for Consumers

Open Document