The Impact of eCommerce over the Past Few Years

Only available on StudyMode
  • Download(s) : 235
  • Published : May 1, 2013
Open Document
Text Preview
ONLINE SHOPPING
GENERAL:
In a December 2012 study, Equation Research found that 97% of internet users made online transactions during the early Christmas shopping season, which means the influx of ecommerce worldwide has become increasingly evident over the past few years. Nowadays, ecommerce is newer, faster, bigger, and better designed than any other kinds of business. To illustrate that here are some figures: + According to the United States Commerce Department (USCD), US ecommerce sales alone totaled an estimate of $194.3 billion in 2011, up 16.1% from 2010. +In Viet Nam, according to the vnexpress.net, the VN ecommerce sales totaled approximately 4,130 billion Dong IN 2011. DEFINITION:

Online shopping which is also called online retailing is a form of electronic commerce which allows consumers to directly buy goods or services from a seller over the Internet using a web browser. Generally, higher levels of education and personal income are more favorable of shopping online. Online shoppers commonly use a credit card  to pay for their products or services or by other alternative means such as: cash on delivery or use debit card …. ADVANTAGES AND DISADVANTAGES:

* Today as the online shopping grows in popularity more and more people are turning to online shopping for all their needs. Here are some most advantages: - Convenience: online shopping is very very convenient for us because the stores open 24 hours a day. Also we don’t have to wait in a line or wait till the shop assistant is ready to help us. We can do our shopping in minutes even if we are busy. -Variety: The choices we can get for products are absolutely diverse. One can get several brands and products from different sellers at one place… -Better prices: we can get the cheap deals and better prices from online stores because products come to us directly from the manufacturer or seller without middlemen involved. Many online shops offer discount vouchers and rebates. Furthermore, online shops...
tracking img