5.3 ADVANTAGES OF ONLINE SHOPPING
Online shopping is a form of electronic commerce whereby consumers directly buy goods or services from a seller over the Internet without an intermediary service.
• Easy to Search: Online finding of products is much easier than in the local store. We can search any product easily by using the search engine feature of an online shopping website. But in store you have to look for it until you find it.
• Cheaper Products: Sometime a product can be found at cheaper price than local store as well as in other country than own country.
• Time and energy saving: Lot of time is saved in going to store and standing in front of the crowd.
• Choice Freedom: Online shopping provides very high freedom of choice than
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• Privacy: We can buy any kind of product from online web store anonymously to maintain your desired privacy.
• E-business: The progress of online business is actually helping millions of people. Now people can buy and sell from their home. People who cannot afford to buy or rent a shop, can easily open an online store and sell items from their home. This is playing a very important role in reducing the unemployment rate.
5.4 DISADVANTAGES OF ONLINE SHOPPING
• Delay: The main disadvantage of online shopping is, you cannot receive the product immediately. We have to wait until the product arrives. This is not suitable if immediate product is required.
• Inferior product: We don 't know about the actual quality of the product. Sometimes actual product is different from the product shown online.
• Shipping Charge: Price of the product is same as nearby local store because of shipping charge. Cheaper product Items becomes expensive due to this.
• Delivery Problem: Sometime we may face Delivery risk. Delivery risk occurs when the seller fails to deliver the original product or delivers a damaged (inferior/duplicate) product due to shipping
Looking at the Kirkland Dog Food Company: Kirkland pet food is made for Costco by Diamond Pet Foods, Inc. Two of Diamond 's factories are in California. One is in Missouri, and there is another one in South Carolina. Because Kirkland is a private, in-store label, there isn’t a lot of advertising.
Various representations on website were found too which lead in misleading representation. The customers were misleading to buy the more expensive
Doe Deere is the owner of Lime Crime, which is a makeup company that sells unique types of makeup. She was recently named one of the top female entrepreneurs by Self Magazine. She stated that she was honored by recognized by Self Magazine. Doe also stated that she is inspired by Ariana Huffington and Suza Orma, who have also been recognized by Self Magazine. Doe hopes that young girls can look at her and be inspired.
the amount we pay to our suppliers to acquire inventory 2. Freight costs with the delivery of product to Target’s distribution centers and stores 3. Import costs, reduced by vendor income and cash discounts Although Target’s inventory value is
The temporary character of competitiveness, which can be lowered anytime. 4. The massive spending on technological advances. 5. The brand image misconception in which low prices are usually associated with low quality product.
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.
The more options the company will provide to make payment, the probability of attracting more customers accordingly increases. Easy return, exchange and after sales service is the next factor which further creates a game changing step for E-commerce portals. If the customers find it hard to return the products or don't get proper guidance from the support team, it is a negative sign for the company and chances of losing such customers definitely increases. Assurance of quality is another factor which restricts many customers from buying online portals
The way Trader Joe’s demonstrates the importance of each responsibility in the management process of planning by making its stores unique. Trader Joe’s makes sure that their stores stand out from the rest of the competition. They accomplish this by making sure that they stock unique products that a customer will not find in any other store. They also make sure that these unique products are priced below-average prices. These prices attract people because people usually look for a bargain.
Order Cancellation procedure in Junglee Refunds and Returns Policies in junglee Cancellation Policy They will strive to deliver all the orders . Please note that there may be orders that they are unable to process and must cancel. Because there may be limitations on quantities available for purchase, pricing and stock information, inaccuracies or problems identified by our credit or errors in product and fraud avoidance department. There Customer Service Team will communicate to consumer if all or any portion of his/her order is cancelled. If his/her order has been cancelled after their credit card has been charged, the amount will be refunded back to consumers Card Account.
Price’s suppliers are all in china which means that they get their product for very chap which allows them to add a very large percentage mark-up on their goods, this results in a very large profit margin on their items. The suppliers have very little impact on the company in terms of percentage of increase on the products that they supply Mr. Price with. The power that they do have over Mr. Price is the fact that they aren’t local and thus resulting in difficulties beyond their control such as shipping and strikes etc. this would affect Mr. Price as they won’t get their stock in time therefore resulting in not reaching the customers and therefore customer dissatisfaction. Another factor which would affect Mr. Price is that their suppliers aren’t local and therefore sizing is very different and could result in customers being dissatisfied with the
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.
Users have more opportunity to choose and compare products they want to purchase or easily find and select specialized products. This kind of open market place would increase competition, provide benefit for industrial buyers as it will promote better quality and more variety of goods. Nowadays, the desires to shop and buy through the Internet become a trend to the people. Usually, the rate when people use to online shopping is during the festival season such as Hari Raya Aidilfitri.
UNIQLO, 66-year-old Fashion and Retail industry was established in 1949 in Japan. It is a wholly owned subsidy which was bought by Fast Retailing Co Ltd since November 2005.With its head quarters in Tokyo it has managed to expand its clothing business in fourteen countries globally. An article from the Business Insider says that this Japanese chain has become the envy of retailers worldwide. It started in 1949 in Hiroshima as “Unique Clothing Warehouse”. The words were later joined to make “UNIQLO”.
The most valuable reason for the popularity of online shopping among the people is its high convenience. First of all, online shopping allows the customers to buy products at any time that is convenient for them. While traditional brick-and-mortar selling businesses tend to work during specific time periods, online shopping is accessible at any time. An immense benefit of online shopping is that it is available 24/7. As a result, the customers do not need to think that they will not manage to buy something since the shop is already closed.
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