2.1.1 Price:
Due to number of benefits the trend of online shopping has grown tremendously. The main reason is the flexibility available because of online shopping where the customer is able to find required information as well as make purchase anytime and anywhere which the easier and safe methods of payments. Another benefit is the cost benefit and this comes in because online products are perceived to be a lot cheaper than physical store products (Forsythe, et al. 2006). For example EBay and Amazon, offer customers auction or best offer option, so they can make a good deal for their product. According to (Prasad und Aryasri 2009) online shopping also makes shopping a real game of chance and treasure hunt and makes shopping a fun and entertainment.
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They have mentioned three variables affecting the purchasing behaviour of customers. Those variables or factors are the accessibility features of shopping sites, price of the product and the type and characteristic of the product. The main explanation of the study is that the accessibility and convenience of the shopping sites are the component which creates the intention in consumers to purchase online or not. If the consumers found any difficulties when purchasing online then they will simply switch to the offline shopping or visiting different retailer’s stores. On the same way, if the customers have trouble buying offline then they will simply switch to online shopping. Finally relating both the medium of shopping, their study find out that the most of the customers found online shopping more convenient and satisfying, which motivates them to shop online rather than bothering of visiting different retailer …show more content…
The population of senior who are more literate, more knowledgeable and who are aware of technology and those who have positive attitude or thinking about online shopping and internet are more focused on online shopping (Iyer und Eastman 2014). On the other hand, the population of senior who are illiterate do not have more information about internet and the shopping sites and who do not have any positive thinking about the online shopping are less involved in online shopping. These categories of people prefer to shop offline because they believe only in tangible product which they can feel, test or try. The people having knowledge about the online shopping and the shopping sites are mostly involved in both kind of shopping. They are using it as a method of price comparison before purchasing any goods. Thus, having information about the online shopping sites can be an advantage for the
Ecommerce have enable customers to not have to leave their home to shop. Morganosky and Cude (2000) found that online grocery shoppers rank convenience and time saved as the primary reasons for shopping online (Hansen, 2008). Online shopping has increased over the years and will continue to rise as technology are getting better.
Internet is used everywhere in today’s world. In US many people are making purchases online and beginning to take advantages of the online shopping at their fingertips and convenience. Online shopping has changed the way we shop in today’s world. Gone are those days when people had to wait in queue on special occasions. Today consumers can buy almost anything at any given point of time.
As a result of online retail, there has been a shift in how we do our shopping and is making its way to being THE way of shopping. Online retail has strong cost advantages in comparison to its offline competitors. It is rapidly taking precedence in many categories due to better pricing, selection
Shopping online saves you both time and money. With those additional resources 47% of people choose to purchase things that they could enjoy with friends according to a local publication by The Whisper news paper. Adding yet another benefit for the increased use of technology and enhancing social skills. Technology may cut out some of the human interactions in our lives, but it adds so much more exposure to the what is out in the world, and allows people to see it and share it so much faster and more efficiently. For civilizations to evolve, first they must adapt to changes.
Gain with perfectness and resolution to buy on store, items you are provided so that you have advantage from it. Complete methods of ascription and have penchant options making web based deals which are reflected as ascertainable on store. Earn where cost distribution has complacency with rate cuts that are accounted for and purchased through Express. Gain a chance of buying on web and be considerate to assess with cost restrictions to buy with
Online shopping has become more and more popular over the years, and studies show that it will only get bigger as time goes on. Online shopping is popular because one doesn’t have to leave home to buy it, it’s fast and easy, and products get shipped to the front door. Another big marketing tool used on the internet is the stock market. Online stock marketing makes begin apart of the stock market much easier and efficient. Online banking is another reason why marketing on the internet is so cool.
This makes shopping on the website much more convenient than many people would expect since it allows the client to make most of the foot wear purchases for exotic and the latest fashion foot wear on the website without needing to log on to term sites. This is an important aspect linked to any good online store as it reduces the effort required by the consumer to shop in this day when people have many online registered websites making it quite difficult to manger them
Purchasing power : There is a positive correlation between person’s income and his purchasing power thus more income means more purchasing power which results in frequent buying. List advantages of operating online: Advantage How will you leverage the advantage? Easy access to the market there are many websites available for sellers which helps them to sell their product online within a short period of time such as eBay, Amazon and so on. Potential for quick growth it is easy to obtain a high rate of returns in short time with the help of e-sales with the use of good digital market strategy.
This makes them shop more online where they can save their time and also maintain their status. This online shopping not only fulfils customers need but also saves money and time of their buyers andthere it’s a win -win situation for all. 6.7% 2.7% 14% 76.7% 0 10 20 30
The advancement of technology has elevated the performance level in which businesses sell products and how consumers purchase these products. With improvements in machinery for mass producing products, there are now opportunities to sell products across the globe. The traditional method of shopping has been a part of many societies for ages. Persons would exchange items so that each could receive what they require. Purchasing items online has recently become a new trend and has influenced the majority of consumers.
We all know that shopping at stores requires us to go to mall or department stores in buying supplies and spend our money. Now we live in the age of internet and buying things can now be done by clicking a mouse. Because of the numerous benefits of shopping online more and more people these days prefer online shopping over conventional shopping. But which one gives us the best benefits? Our discussion centered on three differences between shopping at stores and shopping online.
Causes According to Amin & Noor (2013), the E-consumers generally refer to the purchaser of goods and services over electronic systems such as Internet and other computer networks. This new group of consumers is increasing in number over the years as on-line shopping become a trend and manifestation of modern life style. Based from the Paynter & Lim (2001), E-commerce would provide consumers with benefits such as interactive communications, fast delivery, and more customization that would only be available for consumers through online shopping. Product information in the Internet is more compact and it ranges from various sites.
Online shopping has nowadays become a widely spread way of shopping among people on different continents and in different countries. Its popularity is constantly on the rise considering the spread of Internet technologies and the increasing share of online shops in the retailing business. Online shopping activities are gaining wide spread as far as they tend to provide the consumers with numerous benefits and increase the convenience of buying without leaving the house. The popularity of online shopping grows due to a range of reasons, including its convenience as well as time- and money-saving potential.
More and more people these days prefer online shopping than shopping in malls because of so many advantages and benefits. People from all over the world have accepted online shopping sites because of the convenience provided like from shopping in their pyjamas to convenience for elderly and disabled. Not only this, online shopping sites also provides a wider choice of products, avoiding upselling or impulse buying, better prices, good for the environment, and
In his book, “Amusing Ourselves to Death”, Neil Postman analyzes the change of mediums from a Typographic Age to a Telegraphic Age; but because technology has advanced since the 1980s, it does not address every new medium and its effects. One recent medium that dominates the internet is online shopping. With seventy nine percent of Americans making online purchases (Weller), it is quickly becoming a new tool for everyday life. This medium attracts every aspect of buying, from office supplies to dog treats. The demand for online shopping stores is increasing rapidly year by year.