Nowadays, online shopping has gained a lot of popularity all over the world. It is seen around 30 or more online stores are springing up per week on regular basis in different parts of the world. According to recent statistics “E-commerce sales are growing by more than 19% a year and will be of almost $1.4 trillion by 2015”.
What is online shopping?
It is the process by which a consumer can buy goods and services from top retailers and merchants over the Internet.Since the emergence of the World Wide Web, this process has gained great popularity as most of renowned brands have sought to sell their products to people who spend time online. Shopping from online sites is easy, convenient and comparatively quick.
Why online shopping?
There are many benefits of shopping online:
The stores are open all the time –The online stores are open for 365 days for 24 hours. There are no holidays or shutdown dates for online shopping sites. It is easy to purchase items whenever you want.
Convenience – Shopping online is literally very convenient as the online retailers accept the orders twenty four hours a day so the shoppers can easily access online stores whenever they have free time available.Therefore, there is no need to go out to store and battle out the heavy traffic at peak hours and problem of scarce parking lots. Also, there is no need to walk or be in queue for long time. You can simply purchase the product you like with a click of the mouse from the comfort of your home.
Save Money – Checking out the stores over web enable you to grab discounts which might not be available at shopping malls or in any retail shop. There are number of coupon sites from where people can grab exclusive deals, discount coupon codes and even reward points that help to save a lot of money.
Cash on delivery –There are different modes of payment available like online payment through credit cards, debit cards and offline facility of ‘Cash on delivery’ where the customer has to pay only when the product reaches his doorstep.Also, if an item is found faulty or different from what it is shown on the site, then the online sites will refund the purchase price including delivery charges(if any) or replace the item, provided that the product is returned within a reasonable time with proof of purchase. This is the situation when return policy by online shopping sites come into play.
Fast service – Most of the online shopping sites delivers their product within 3 working days. The best thing is that most of the sites do not include shipping charges in the cost price of the product.
Price & Selection -It provides an easy platform to quickly seek out deals for various items and services available with different vendors for same product at the same place. Shoppers can find a great selection of products online in different market segments at comparatively low prices. Moreover, it is easy for consumer to compare prices from different retailers with greater ease, as compared to physically paying visit to different stores in shopping malls just to check prices.
Quality –Competitive price is the most important reason why one prefers shopping online. However, there is also an important fact that good quality, well known and reputed brands are also available online that offers good quality products at affordable price and better offers.