The Modern Way to Shop: How Shopping Online is Changing the World...
How has online shopping changed the way we do things? It’s a
fair question, because today, many of us aren’t just buying consumer goods;
we’re also taking classes, getting informed about news stories, and engaging in
political action campaigns through our web browsers. The world has become more
connected than ever before, and it’s changing the way we interact with each
other and everything around us. Online shopping isn’t just convenient; it’s an
important part of life in the modern world. Learn more by reading this article!
Why our world needs more e-commerce
E-commerce may seem commonplace today, but it has only taken
off in recent years. Americans spent $33 billion online in 1995—that’s an
average of less than $100 per person! By 2017, we were spending more than $80
billion annually (more than $900 per capita), and that’s expected to grow. One
reason? The Internet allows us to shop when we want, where we want.
e-commerce and current world
e-commerce has become incredibly popular in recent years,
especially among a younger generation that prefers buying from digital
storefronts. There are several reasons why e-commerce has grown so rapidly,
including increased buyer access and vast improvements in shipping services.
Overall, you can expect e-commerce sales to continue growing over time—it’s not
a fad or flash in the pan; it’s a new era of shopping that consumers around the
world have embraced with open arms.
Why do people still shop in brick-and-mortar stores?
One reason people still shop in brick-and-mortar stores is
that they want to get a feel for products before making a purchase. Many
others, especially when it comes to big purchases like furniture and
appliances, prefer shopping in person because they enjoy interacting with
salespeople or visiting physical showrooms where there’s more than one product
option. Most of us are creatures of habit who don’t relish the idea of buying
everything online!
What kinds of e-commerce platforms can help businesses
succeed?
If your business is involved in e-commerce, you can choose
from a variety of platforms. You can hire a programmer or web developer with
experience creating custom e-commerce sites. If you don’t have that kind of
budget, or if your site isn’t quite that complex, consider using an
off-the-shelf solution. Plenty of shopping cart and e-commerce software options
are available as hosted services. The most popular platform by far in hosted
solutions? WordPress.
5 types of businesses who benefit from selling products
online
Businesses that sell directly to customers online can either
act as a retailer or a marketplace. Retailers sell their own products, while
marketplaces enable sellers from across industries—including individuals and
smaller businesses—to offer goods for sale. There are several types of
businesses who benefit from selling products online, including retailers,
marketplaces, those who work in manufacturing or wholesaling, and those with a
service business model. Each type of business faces different risks and
benefits when engaging in e-commerce sales.
What's missing? Where should people look next?
People often don’t consider how shopping online affects
businesses. Due to lower overhead costs, e-commerce allows small companies to
compete with big corporations. The competition between businesses forces them
all to keep prices low and provide high-quality products. Furthermore, retail
stores that sell different brands also benefit from online shopping due to its
direct price comparison capabilities.
E-commerce trend predictions
E-commerce sales worldwide were $2.4 trillion in 2015 and
are expected to reach $4.5 trillion by 2022, growing at a 7% compound annual
growth rate (CAGR). This amount represents 13% of all retail sales worldwide
and 17% of retail purchases by consumers. The growing share of e-commerce can
be attributed to an increase in smartphone usage, economic factors that impact
traditional shopping patterns and demographic trends.
Online shopping vs modern world lifestyle
Not too long ago, shopping was a simple activity. You bought
what you needed from local markets or specialty shops, and that was that. These
days though, we live in an era of online shopping. What started as something
very niche has turned into a new way of life for many of us around the
world—and it's changing everything about how we shop and what we buy. In our
modern world, here are five ways that online shopping is changing lives...
Modern needs and shopping urgency
An average person today is used to shopping within a day or
so and getting it delivered in no time. From ordering fast food, groceries and
eating out, even products they want in their home, they want everything
delivered. This era of online shopping has changed almost every retail business
model and made it much more convenient for customers as well as making it easy
for businesses to market their goods. It has brought about an entirely new way
of doing business which we call e-commerce.
Online shopping and your thinking
The era of online shopping has arrived, bringing big changes
for consumers and retailers alike. What are some ways that online shopping
impacts your thinking? Is there any way you think it will change in future
years? Share your thoughts.
Products type to shop only through online
Shopping online allows us a greater degree of convenience.
Rather than having to go from store to store, you can simply hop onto a website
and find exactly what you’re looking for in an instant. Whether you’re ordering
food, clothes or electronics, it’s hard not to see shopping online as being
both useful and environmentally friendly. With so many products available and
so much choice, shopping online offers real benefits over traditional bricks-and-mortar
shopping.