What makes online shopping so appealing? Is it because it saves time or is it convenient?
Online shopping is growing. According to Statista, global ecommerce sales increased from $1.3 trillion in 2015 to $2.4 trillion in 2018? This trend will continue through 2020.
Consumers can shop online without having to go out in the cold. They have the opportunity to compare prices at multiple retailers. When there are multiple options for saving, the idea of going home and saving becomes even more appealing.
Online shopping gives customers access to a wider range of products. While brick and mortar stores often have limited inventory, they can offer a variety of items that may be hard to find elsewhere. Internet-based businesses such as Amazon, eBay and Alibaba do not need to worry about stocking inventories. They simply sell what the market wants.
Online shoppers benefit from easy access to customer reviews. According to Fierce Retail Research, over half of all
web users read product reviews before making purchases.
Online shopping allows individuals to purchase items without leaving their homes. People who live alone or don’t have anyone to drop off items while they shop will likely prefer to order on line. Are you looking for online interior design services?
Online shopping has faced many challenges
, despite its popularity. Some people think buying over the internet puts too much information into the hands of private companies. Credit card numbers can be given out over the internet. Some people believe that the experience on the internet is not as good as it is in person. Concerns about online shopping have led to a lot of debate.
“The number of online transactions has grown faster than the increase in population. These trends aren’t equalized among every industry. Some industries have seen a decrease in online activity compared with other industries. Online spending declined between 2010 and 2016 The automotive sector experienced a decline in online spending. Online shopping continues to grow rapidly.”