The Affect Online Shopping Has On Business

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THE AFFECT ONLINE SHOPPING HAS ON BUSINESS

The affect online shopping has on business

The Affect Online Shopping Has On Business

Online shopping can be defined as the purchase of material through the Internet. Items purchased will be mailed to your door. In this way, smoothly to the store has become a recent trend. Many people prefer to shop online because they can buy their desired items without leaving the comfort of their homes. Besides, the prices offered are much lower than those offered in stores. They can even buy items that are not near their homes or anywhere in the country. All you need do is enter your desired web page and search for the things you want to buy. Usually, international delivery takes a week, while the domestic supply is only 3 days. Payment can be made using credit cards, or the website accepts PayPal (Steve Elliot and Sue, 2000).

Online shopping is a new technology that has been created with the development of the Internet. This is a convenient method of purchasing and allows a wide range of products to be available to them. However, the fraudulent use of the Internet is often a concern for many buyers. Cybercriminals steal the identities of buyers and then explode causing identity theft. This leads to a variety of problems, the charges of fraudulent credit cards, opening new credit accounts, and misuse of accounts. This concern is in the minds of Americans who are the largest buyer of products online. Most however, feel that it's worth the risk, or is only a limited possibility. The two sides of the argument will be explored in the following pages (Steve Elliot and Sue, 2000).

There is no doubt that online shopping is cheaper, especially in the presence of the ability to exchange via the Internet and offers free shipping as well. As retailers, they cannot offer the same deals or even wholesalers, as do merchants on the Internet, and the reason for this is the high cost of establishing a business, such as rent and electricity and salaries, which contribute to the profit margins and overheads of the business practices in the shopping center. And retailers have found that online stores are more useful in shopping from the stores of material, and traders view things on the clients via the Internet, and the advantage of this as a price cheaper than the physical markets (Ram, 2004).

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