Online shopping India
Online shopping emerged with the development of the internet. Entrepreneurs saw the potential for online shopping and created virtual storefronts so consumers could shop from home. While online shopping offers consumers convenience through geographic flexibility and easy comparisons, it also presents risks like fraud, security issues, and difficulty ensuring the right product is received on time. For businesses, online shopping allows less reliance on intermediaries and more direct marketing and customer service opportunities. The main differences between online and traditional shopping are the inability to physically see products before buying and less human interaction, though they both rely on advertising and aim to provide security and convenience.
Online shopping India
- 2. What Is Online Shopping? The online selling of or enabling the sale of products or services to consumers.
- 3. How did Online Shopping come about? Online shopping emerged with the development of the internet. Entrepreneurs saw the potential in online shopping and sprung at the chance to make virtual storefronts, so that consumers could shop without leaving their homes.
- 4. How did Online Shopping come about? Online shopping emerged with the development of the internet. Entrepreneurs saw the potential in online shopping and sprung at the chance to make virtual storefronts, so that consumers could shop without leaving their homes.
- 5. Risks & Disadvantages of Online Shopping Fraud- Do you know the Company? Security- Is your credit card safe? Privacy- Is your information being sold? Shipping- Are you getting the correct product at the requested time? Difficulty- Do you know how to shop online?
- 6. Consumer Benefits Convenience -Geographic -Store hours -Ease of transaction -Quick and efficient shopping process Information -Quick location of items -Easy price/attribute comparisons
- 7. Firm Benefits Less dependence on intermediaries -Geographic distribution -Holdup -Time to delivery Marketing -Target marketing -Direct customer relationships -Customer service
- 8. Online Shopping VS. Traditional Shopping Differences -Cannot try or test product before purchase. -Minimum human interaction if any. -Cannot pay by cash. -Shop anytime online. Similarities -Advertisement. -Security. -Convenience.