In today’s economic society people are more cost conscious and look for sales and deals when they make purchases. As people are becoming more frugal in their spending, there are still millions of dollars spent annually on purchases. Today’s technology has helped with finding the best deals and although the basic concept of shopping has not changed, the way people shop has changed from brick-and-mortar shopping to logging online and shopping.…
It seems that many of us are discovering a new and more convenient way of shopping, and this would be online. Online shopping has become a major way of making purchases today, and it seems to offer everything that your local department, grocery, or drug store does, only with more convenience. On the other hand, there are those “Die-Hard” shoppers who would rather pound the pavement and deal with the hustle and bustle of the crowds, either because of habit or tradition. The “Brick-and-Mortar” shoppers are the most common folk, who wouldn’t have it any other way, because to them there’s just something about personally choosing the items that they are purchasing. The online shopper seems to be less particular, when it comes to online shopping; you have to have a certain amount of faith in certain web sites when buying anything from items for the home to clothing. Online vs. Brick-and-Mortar shopping seem to be two ways of doing the same thing.…
The Internet has changed the way we do virtually everything, including the way we shop. However, shopping is not the only thing that has changed. In the last decade we have changed the way, we apply for loans, study, and even plan a vacation. Doing any of these things would have been impossible a few decades ago. At present, online banking, paying bills, ordering new services, and shopping online have become part of our daily lives. Traditional brick-and-mortar stores have been around much longer than online stores, but we cannot deny that online shopping is giving the traditional stores competition. Many consumers still choose to shop at regular brick-and-mortar stores because they like to see and touch the product they are buying, but whether you are buying clothes, electronics, cars, houses, and even rare items shopping online will save you not only time but also money. Traditional brick-and-mortar stores used to be the preferred choice, but a recent study done by Pew Internet & American Life Project, shows that 71% of all U.S. adults shop online. Online shopping is more beneficial to the consumer, and many people are choosing it instead of conventional shopping for its convenience, versatility, and reliability.…
It will no longer be possible operationally or strategically to ignore the massive changes taking place both in the physical and virtual market places (Rayport and Sviokla 1995; Shaw 1999). Electronic commerce (e-commerce) retailing has grown dramatically since 1997 and continued dramatic increases are projected. The active user population was estimated to be 37 million in December 1998, up from 27 million in December 1997, and is estimated to grow to 142 million by 2002 (eMarketer 1998). Nonetheless, it is unlikely that Internet retailing will supplant any more than a modest amount of traditional (or physical, brick-and-mortar) retailing. According to New York-based research firm Jupiter Communications, in 1998 US…
Turban, E., King, D., & McKay, J., Marshall P., Lee, J., Vieland, D. (2008). Electronic Commerce: A Managerial Perspective (5th ed.). Upper Sadddle, NJ: Pearson Prentice…
The fact that many consumers use the Internet to research products before actually making purchases has many implications for online merchants because it suggests that…
References: Turban, E., King, D., McKay, J., Marshall, P., Lee, J., & Viehland, D. (2008). Electronic commerce 2008: A managerial perspective (5th ed.). Upper Saddle River, NJ: Pearson Prentice Hall.…
Online retailers have a set of advantages comparing to brick-and-mortar retailers: brand flexibility, product selection, cost structure, information access. This is particularly apparent in product categories where customers may want more information about the product. Enabling the internet to lay claim to being a new age retailer?…
Retailers and retail shopping has changed significantly over the years. No longer do we have a large majority of one type of shopping. Retailers have changed anywhere from discount house retailers to conventional retailers to mass merchandising. Typically what you find today are stores which carry various departments and or specific to a need. In the past it was more of a high volume of items in one location of what was then considered the “general stores”. Below are the distinctions between the various retailers, the effect of future shopping within different capacities and how the Internet will affect this future.…
References: Roebuck, D. (2006). Improving Business Communication Skills (4th ed.). Retrieved from The University of Phoenix eBook Collection database.…
The Internet has been developing for three decades eventually during the mid-nineties, the commercial use of the internet triggered high expectations in both executives and investors. (Brache and Webb, 2000; White, 2000; Senn, 2000) Online shopping is broadly defined as an activity that includes finding online retailers and products, searching for product information, selecting payment options and communicating with other consumers and retailer as well as purchasing products or services. Therefore, online shopping is one of the most important online activities. It has also made significant contributions to the economy. (Cai,Y. and Cube, B.J. 2008) according to Verdict (2007), In 2006 online spending grew by 33.4% to £10.9bn and it predicts that in the UK online spending will reach £28.0bn in 2011.Even in the time of recession, for instance, in the UK, online shopping volumes are continuing with double-digit growth (IMRG,2008), whereas the performance of traditional shopping is unsatisfactory. It has a wide…
According to a research carried out by AC Nielsen, online retail revenues crossed the USD 300 billion mark in 2011. They are projected to increase to USD 700 billion by 2015. As a result, it is not surprising that there is increased interest in understanding consumer choice behaviour in computer mediated shopping environments and how a new generation of shopping infrastructures can be constructed based on these choice behaviours.…
The main objective of this research is to study, especially what are factors affecting the consumers directly for online shopping. To this end, for this purpose I use special Observations and also used study papers to develop a clean reports of factors affecting consumers buying behavior as a online Purchasers.…
The emerging technologies of Web 2.0 have had major impacts in all aspects of social and personal life. These new technologies have become the complicated vehicles for mutual creation and satisfaction of interests (Kozinets, 2017). One of the main outcomes of these new technologies has been a shift in the retail industry. In our consumer society, the buying behavior is now more a ritual, a bravado and a show off, rather than an activity to secure necessary items that satisfy our primary or secondary needs. People carefully evaluate, consult, recommend and buy things as if this is the sole way to determine and enhance their identity. As figures show, the use of Internet is on the rise worldwide and accordingly, it is not surprising that the…
According to Monsuwe, Delleart and Ruyter (2004), the main drive of online shopping is that the internet is time saving and accessible 24 hours a day. Shopping in the internet saves time and effort because consumers are able to shop any time in the comfort of their home; especially for consumers who have little amount of free time because of extended working hours (Wolfinbarger and Gilly, 2001).…