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The Impact of eCommerce over the Past Few Years

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The Impact of eCommerce over the Past Few Years
ONLINE SHOPPING
GENERAL:
In a December 2012 study, Equation Research found that 97% of internet users made online transactions during the early Christmas shopping season, which means the influx of ecommerce worldwide has become increasingly evident over the past few years. Nowadays, ecommerce is newer, faster, bigger, and better designed than any other kinds of business. To illustrate that here are some figures:
+ According to the United States Commerce Department (USCD), US ecommerce sales alone totaled an estimate of $194.3 billion in 2011, up 16.1% from 2010.
+In Viet Nam, according to the vnexpress.net, the VN ecommerce sales totaled approximately 4,130 billion Dong IN 2011.
DEFINITION:
Online shopping which is also called online retailing is a form of electronic commerce which allows consumers to directly buy goods or services from a seller over the Internet using a web browser. Generally, higher levels of education and personal income are more favorable of shopping online. Online shoppers commonly use a credit card to pay for their products or services or by other alternative means such as: cash on delivery or use debit card ….
ADVANTAGES AND DISADVANTAGES: * Today as the online shopping grows in popularity more and more people are turning to online shopping for all their needs. Here are some most advantages:
- Convenience: online shopping is very very convenient for us because the stores open 24 hours a day. Also we don’t have to wait in a line or wait till the shop assistant is ready to help us. We can do our shopping in minutes even if we are busy.
-Variety: The choices we can get for products are absolutely diverse. One can get several brands and products from different sellers at one place…
-Better prices: we can get the cheap deals and better prices from online stores because products come to us directly from the manufacturer or seller without middlemen involved. Many online shops offer discount vouchers and rebates. Furthermore, online shops give us information to compare the prices of the products or share information with other shoppers.
-Discreet Purchases: Some things are better done in privacy. Online shops are also best for discreet purchases like garments or lingerie. We don’t have to feel embarrassed when we make our choices.
We also have other advantages like: we can save time and gas from going to every shops. We don’t have to elbow others out in a crowd or find the parking lot… * Despite the fact that online shopping can be very convenient to the buyer, it also has its drawbacks.
-BE UNABLE TO SEE THE PRODUCT: We don't know about the actual quality of the product. Sometimes the description of the product might be different from the actual product.
-SHIPPING CHARGES: only a few sites offer free shipping, some others will ship for free only if your total purchase price exceeds a certain amount.
- WAITING TIME: We have to wait for a few days for the items to arrive.
-RETURNING PRODUCTS: even if the sellers agree to take back the defective merchandise, we will have to pay the cost of shipping it back. Additionally we have to call and convince the people regarding the reason of your return.
Furthermore, we also have other troubles like: face the delivery risk, online connectivity issues, risk of online fraud…
Things always have two sides. Always. Online shopping will be very very benifial for you if you use it in a wise way.

Here are top 10 best online shopping websites in the world:
+ Amazon.com : founded in 1994 in the US (variety of products)
+ebay.com : founded in 1995 in the US (variety of products)
+alibaba.com : founded in 2007 in China, most costumers are from china
+walmart.com: founded in US, (variety of products)
+bestbuy.com: founded in US, most costumers are from us uk (variety of products) +target.com: founded in US (furniture, toys, electronics…) +newegg.com: founded in 2001 (software’s, DVD’s, Games etc.) +barnesandnoble.com founded in US (book store) +macys.com founded in US ( fashion clothing, accessories ) +overstock.com founded in US ( bedding, furniture, electronics…)

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