A sense of trust is needed. 2. Price Because the internet has removed many costs such as staff salaries/wages and rent, pricing has become very competitive. Websites such as Trivago and hotel.com have been created to compare costs in a specific market or industries, these websites in particular target the accommodation market. Payment is also made easier with many websites allowing you to save your information online.
The Internet has been identified as the preferred shopping method over traditional shopping in physical stores. This trend is fast gaining prominence as it is easier to score great deals online at attractive prices than in the brick and mortar stores. Body- Want new clothes but don’t have enough time to venture out shopping? Relax, online shopping can save your day as it is quick and convenient both. In fact, shopping online has become a serious habit among many as they feel it is hassle free.
The world is going through a revolution of technology and progress, where we find that all fields keep pace with this progress and development with their specific technology. Shopping world took a share of this development and improvement, which has become easier and more economize for consumers all over the world. Online shopping has opened the doors for companies to status their names internationally and locally. Also it make it easy to anyone to start their own business in retail and this point has some advantage and disadvantage where it not easy to capture the client attentions and loyalty. There is a smart technology in shopping called ( smart shopping) allows for the shoppers to use kinds of several technology ways like electronic cart
Furthermore, e-shopping gives more variety and have great freedom of product’s choice than any other local store. It's easier to hunt for a great deal/discounts/less price and able to enjoy the freedom of price flexibility and even able to compare prices from product to another product. If I don't like the price of a product from an online shop, I can easily switch to another website to look for a cheaper price. For example, it might be a certain item such as sports equipment available online with great deal instead in the mall. On the other hand, if the website doesn't have it, I can simply go to another online shopping website without wasting time.
traditional store shopping. With the popularity of online shopping one does not need to wait and invest a lot just to buy a store at a good reachable locality for buyer. That does not mean that stores are no longer important for today’s world. But we would have to admit that those products which are available on online store would be much cheaper comparatively from market. Because in store front you have to maintain and deal with a lot of problems and expenses side by side.
The advantage of online shopping stores include stores offering, discounts. These stores are never closed, so the shopper can buy items whenever they want to. Also online stores tend to offer attractive prices probably because they have lower overhead costs, in this case it make them to sell the item deeply discount prices probably because they have lower overhead costs, in this case it make them to sell the item deeply discount prices. In addition online shopping makes it easy to buy things from any part of the world even if the item is not available in your country you can buy it from online stores and compare prices before hitting the purchase button. Most of the people prefer to shop online
Advantages of E-commerce to Consumers Faster buying/selling procedure, as well as easy to find products of the No:1 Digital Marketing Company More reach to customers, there is no theoretical geographic limitations. Low operational costs and better quality of services. 1. WIDE RANGE OF PRODUCTS AND SERVICES: Electronic commerce through the internet enables the customers to choose a product or service of their choice from any vendor anywhere in the world. Due to space constraint, a vendor can stock only a minimum amount of goods in the physical store.
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). The review of literatures state that the cost of products differs between retailer stores and online shopping sites because of the reduced overheads and different expenses including rent, staffs salary and different other factors.
Nowadays, most of the users will consume less amount of the time through shopping online more than come out and visiting the outlet directly. All the transactions will be more care by the system in all of the time. The data will be storing it easily. All the information of database will be stored in the database and it will be evade any error. The online shopping system was easy to use and friendly for the user.
Web advertising allows us to create relations with the consumers and prediction as a result of frequently, cheap price individualized dealings, throwing back the move out from majority trading. In the same way, BRAC Bank is also offering internet marketing to the consumers. The benefits to consumers of BRAC Bank using internet marketing includes: Customers stay updated: The web has changed consumer shopping addiction and with quick mechanical expansions getting to the web has become less demanding than at any other time. Individuals can get to the web whenever and wherever they like. Instant Comparisons – Customers Can Compare Prices and Features: One of the best benefit for the consumer is that they can differentiate the items or works they wish to buy from the comfort of their own homes.