Cost Of Online Shopping

889 Words4 Pages
Purchasing good over the internet, online shopping has obtained a huge popularity over the retail stores because of its convenience and easy to shop. E-business has now developed as conceivably the most illustrative conveyance divert in an extensive variety of industry. In 2013, 41.3 percent of global internet users had purchased products online(Diaz,2015). "In 2017, this figure is expected to grow to 46.4 percent"(Diaz,2015). There is no doubt that online shopping will impact the existing retail stores but still some people believe that it does not take the place of seeing the actual product and trying it as in stores.

Nowadays, e-business popularity is increasing dramatically amongst customers and becoming part of their lifestyle. Using
…show more content…
E-business is a tool for reducing product costs and time, streaming business processes, and improving relationships with both retailers and customers (Charles, 1998). The administrative cost in traditional stores is higher than online shopping. The reason behind that is the cost of the electricity, rent, salaries of employees, shrinkage loss, all add to the gross and overhead of working together in a shopping center. This makes online shopping better price because products are delivered directly to customers from the manufacture or retailer without middlemen involved. Many people complain about the shipping process and how expensive . Apart from this, online shopping also saves you time and fuel. Shopping in stores will force you to pay for your products and transportation. Whereas online shopping, customer 's order will be shipped to their location, saving time and…show more content…
Online and traditional shopping were once two separate worlds. The rise of internet led to the rise of e-business as more people started to purchase goods from all around the world through the internet. Online shopping sells products through a virtual medium; traditional stores are more about face-to-face communication between the purchaser and retailer. Traditional stores are known as more touchable to the customers because it has a physical location which is a building that everyone can visit and have all the attached sensory idea (Rajamma, et al., 2007). According to Lindstrom (2001) , it is easier to market the product on traditional stores than the internet because purchasers can feel and touch the product, and they can even wear it on the spot. Traditional stores are also known as shopping malls because it has a physical location where consumers can visit. Client 's way of life is influenced by the role of shopping malls (Terblanche, 1999) since it can act as a community centre for public and other recreational activities (Ng, 2003). Shopping malls likewise offers diversion and gives other utilitarian needs to clients, for example, stores, nourishment courts and food court, youngsters ' delight focus, and cinemas
Open Document