essay on virtual shopping 100 to 150 words
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The Internet essentially is a global network of connections and has become the world's fastest growing commercial market place. It has developed into a significant and accepted business standard through which consumers and businesses come together in the buying and selling process. Most firms and businesses today have incorporated the concept of e-commerce at some level of their operations and this includes some traditional companies who have now integrated the internet into their businesses. As such, many physical retail stores have expanded their market through the Internet, by having both a virtual store and a physical store, guaranteeing them the best of both worlds. High-volume websites, such as Yahoo!, Amazon.com and eBay, also offer hosting services for online stores, to all retailers for their products and services. These stores are presented as part of an integrated navigation framework. These collections of online stores are sometimes known as virtual shopping malls or online marketplaces. These online marketplaces provide a one stop shop for consumers to shop at their convenience for all the goods that they need.
Since the development of the Internet, particularly in recent times, most of our day-to-day activities are conducted over the cyberspace and goods and services are bought at the chink of a mouse. Increasingly, consumers are taking to do purchases utilizing the Internet and jumping the trip to the shop. A modern consumer may buy a Cadmium participant, a sofa, food markets, e-books, films, tickets, package or even a new auto at 4.00am without holding to go forth his or her house, trade with traffic and sales representative, or even change out of her pyjama.
The Internet basically is a planetary web of connexions and has become the universe ‘s fastest turning commercial market topographic point. It has developed into a important and recognized concern criterion through which consumers and concerns come together in the purchasing and merchandising procedure. Most houses and concerns today have incorporated the construct of e-commerce at some degree of their operations and this includes some traditional companies who have now integrated the cyberspace into their concerns. These shops are presented as portion of an incorporate pilotage model. These aggregations of online shops are sometimes known as practical shopping promenades or on-line market places. These on-line market places provide a one halt store for consumers to shop at their convenience for all the goods that they need.
E-commerce Business to Consumer
merchandise gross revenues totaled $ 142.5 billion, stand foring about 8 % of retail merchandise gross revenues in the United States. The $ 26 billion worth of apparels sold online represented about 13 % of the domestic market, and with 72 % of adult females looking online for vesture, it has become one of the most popular cross-shopping classs.
Online shopping has become a really popular manner of buying goods for consumers. All that is required for the consumer is a computing machine, internet entree and a method of payment. The chief attractive forces in shopping for goods on the cyberspace include the chance to seek for assorted goods and services, compare the monetary values offered by assorted stores, read reappraisals made by clients who have purchased the same goods or service, order and wage for them and hold them delivered, all from the comfort of one ‘s place. Other attractive forces include the “ cooling-off ” period which applies to most on-line purchases, price reductions, publicities and freedom from being pressurised by a sales representative into purchasing expensive ( sometimes unwanted ) extended guarantees. In other words, clients are attracted to online shopping non merely because of the high degree of convenience, but besides because of the broader choice, competitory pricing, and greater entree to information. In comparing with conventional retail shopping, the information environment of virtual/online shopping is improved by supplying extra merchandise information such as comparative merchandises and services, a pick of options and properties of each option, every bit good as the reappraisals and remarks by those who have bought or used those goods. This equips the purchaser with more information to do a more informed determination.
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