CONSUMER BENEFITS FROM E-COMMERCE
This paper aims to discuss the positive impacts that E-commerce has on consumers and how it has made their lives easier. E-commerce is the process of buying and selling products and services using the Internet. The product or service is offered to the costumer in an online shop, sellers’ website. The process of purchasing things online is very easy, the consumers just have to select and order the products or services they want to buy, which are then paid by credit card. E-commerce nowadays has become one of the most common ways of shopping. Although some might think that E-commerce is something new, it has been around for about forty years. It began with conducting business transactions electronically using technology from the Electronic Data Interchange (EDI) and Electronic Funds Transfer (EFT). Statistics which are done by the Internet World Stats show a significant rise of the usage of E-commerce for about 480.4 % in the last ten years. The person who is familiar with computer usage and has a positive feeling towards using technology is also more likely to do online shopping. There is no doubt that online shopping has had a positive impact over consumers by saving their time and money, offering a wider range of goods and services and by allowing consumers conduct independent research on a particular good or service before purchase.
The first reason is that E-commerce enables consumers to buy products or services from the comfort of their homes. This is one of the biggest reasons why consumers might choose online shopping. For instance, people are not anymore obliged to deal with crowds in order to buy things. The need to stand in line waiting to check out or having to wait for price checks it can finally be avoided. People no longer need to load everything into the car, drive home and unload it. The only thing they have to do is connect to the Internet, search for the product or service they want to...
Bill, H. History of E-commerce . Retrieved from the World Wide Web: http://sellitontheweb.com/blog/history-of-e-commerce/
Miniwatts Marketing Group (2011). Internet usage statistics. Internet Usage and World Population Statistics.Retrieved March 31,2011 from the World Wide Web: http://www.internetworldstats.com/stats.htm
Little.P.(2010). Internet Marketing/Online Business Articles. Shopping online is open 24 hours a day. Retrieved November27, 2010 from the World Wide Web: http://articles.submityourarticle.com/Patrick-Little-8455/shopping-126902.php
Maheshwari.A. Online shopping new way of life. Retrieved from the World Wide Web: http://ccaoi.in/UI/links/articals.php?Id=57&action=view
Online Shopping. Retrieved from World Wide Web: http://en.wikipedia.org/wiki/Online_shopping
Advantage of Online Shopping. Retrieved May 26, 2011 from the World Wide Web: http://www.rsyss.com/2011/05/advantage-of-online-shopping/
Please join StudyMode to read the full document