What makes online shopping so enjoyable? Is it because it saves time or is that the case?
The popularity of online shopping is growing. According to Statista, global sales of goods and services on the internet increased from $1.3 trillion in 2015 to $2.4 trillion in the last three years. It is expected to continue through 2020.
“Consumers don’t have to go out in the cold when shopping online. They can compare prices from multiple retailers. When there are multiple options for savings, the idea of going home and saving is 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, this helps them make better buying decisions. According to Fierce Retail Research, nearly half of all web users read product reviews before making a purchase.
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 had many challenges. Some people feel that buying over the internet puts too much information in the hands of private companies. Credit card numbers can be given out over the internet. Some people think that the experience on the internet is not as good as it is in person. There is debate about whether online shopping should be allowed.
“The number of online transactions has grown more quickly than the increase in population. These trends aren’t equalized among every industry An overall decrease in online activity has been seen in some industries. Online spending declined between 2010 and 2016 The automotive sector had the largest decline in online spending. In most demographic groups online shopping continues to grow fast.”