Is Online Shopping Our Future Essay - 782 Words

Is Online Shopping our Future? With increasing technology, the future of retailing will be shopping online finding the best deals to purchase or ordering direct from places like QVC while enjoying the comfort of your own home. Fewer trips will be made to malls because of the busy lives consumers lead. The majority of consumers already have a vested interest in the internet, which is utilized for researching everything concerning decision making. A lot of decisions will be made based on social networking online. We can take as much time as needed, think about it, research, and still make the purchase without leaving home. Retailers are spreading their products online also. They realize the needs and want of consumers and are†¦show more content†¦The article in the attached link for viewing gives a sneak peek at the store of the future www.entrepreneur.com/article/223764. Independent retailers declined to making way for shopping centers, national and international chain stores, as consumers are searching more and more for convenience and brand confidence. Economic concerns are driving prices down, so investment in the physical store has been driven down also. Shoppers are looking at alternate ways like the internet to browse, compare and purchase. Online shopping is not only changing the retail experience but how we shop as well. While online shopping is increasing, retail stores are declining by about 15% per year. Businesses are looking for strategies to compete. Online and use of mobile devices will play an important role in future experiential and retail shopping. The retailers that provide shoppers with convenience and genuine experience will continue to grow. Some of the lower socio-economic society will be affected by not having internet. They will not be able to research and bargain shop for the best prices online. Retailers taking advantage of integrating mobile capabilities into their brand will gain increased sales and productiv ity. Retailers can send coupons to customers, utilize faster checkout, and coupons can be redeemed readily through integrating mobile capabilities. Because of the portability of tablets, they too are causing businesses to change the way they operate and saveShow MoreRelatedLiterature Review On The Field Of Online Shopping1187 Words   |  5 Pagespractically working on our project we had to do a lot of theoretical work which includes reading research papers to get a clearer image of recent advancements in the field of Online shopping . In-fact we believe research is the most essential phase of our project because this is the first time we are working on this particular type of project and it’s a challenge for us. So, to make ourselves feel comfortable with this project it was quite necessary for us to understand Online shopping its various applicationRead MoreOnline Shopping Vs. Store Shopping1489 Words   |  6 PagesOnline shopping vs in-store shopping Thesis: Online shopping is better than in-store one and will have more customers in the future. Since the internet came out and developed, online shopping has become important parts of many people. With the rapid development of the Internet in the world, more and more people began to start online shopping due to its convenience, time-saving and benefits. For the definition, Online shopping is an act of purchasing items or services on the Internet and has grownRead More E-Shopping Essay1513 Words   |  7 Pagesage, we have grown dependant on technology?our whole life revolves around it; from work to home life, we have been very heavily influenced by our technology. Most importantly, we have produced an attachment with computers. Computers have deeply influenced our world, one aspect being shopping. Computer shopping has produced many affects, mostly economical. This era is one in need of an economic boost to better the world in its turmoil, and internet shopping may be the answer. nbsp;nbsp;nbsp;nbsp;nbsp;TheRead MoreOnline Shopping Is Important Parts Of Many People1468 Words   |  6 Pagesinternet came out and developed, online shopping has become important parts of many people. With the rapid development of the Internet in the world, more and more people began to start online shopping due to its convenience, time-saving and benefits. For the definition, Online shopping is an act of purchasing items or services on the Internet and has grown in popularity over years. Narrowly speaking, it can be understood as searching online information and having online deals. But broadly speaking, ifRead MoreDiffernce Between Online and Physical Shopping1194 Words   |  5 PagesIntroduction Online shopping or online retailing is a form of electronic commerce whereby consumers directly buy goods or services from a seller over the Internet without an intermediary service. An online shop, eshop, e-store, Internet shop, webshop, webstore, online store, or virtual store evokes the physical analogy of buying products or services at a bricks-and-mortar retailer or shopping centre As we know that online shopping is the easy way shopping but also there are certain advantages asRead Morefiveforces Essay862 Words   |  4 Pagesï » ¿The impact of online shopping on shopping centres in Australia: MODULE 2: How would you define the industry to be analysed? Is the industry global? Is the organisation mentioned Australian or overseas based? Can you make any references about the industry value chain from the article? What are the key product and services segments in the industry mentioned? Are you able to identify the stage of the industry life cycle? Industry ïÆ'   the Australian shopping centre industry comprises companies thatRead MoreE Commerce And The Electronic Shopping Industry1108 Words   |  5 Pagesthe electronic shopping and mail-order houses industry as transactions between this business and consumers would require the use of information technology such as a computer network or through a phone network. The goods purchased would need to be delivered by mail or courier that were retailed through catalogue showrooms on the internet. Our business will specifically be providing groceries through the internet on a website. Attractive characteristics of the electronic shopping industry: E-CommerceRead MoreOld Navy Promotional Strategy: An Analysis and Recommendations1131 Words   |  5 PagesOld Navy VP FROM: Your Consultant RE: Marketing Programs Sirs: We understand you have some concerns regarding the Old Navy promotional strategy to use online video instead of television, particularly to focus on adult males as a key demographic. Below you will find our analysis and recommendations regarding the campaign and potential future programs. The definition of E-Commerce or E-Tailing is replacing the traditional relationship of buying and selling in person or the phone with the use ofRead MoreOnline Shopping Vs Brick And Mortar1483 Words   |  6 PagesOnline Shopping vs Brick and Mortar Times are changing faster than ever. It seems like only yesterday that mail order catalogs, grocery stores, and shopping malls were the places to shop for items for our homes and our lives. As with all things, technology advances us to places we would have scoffed at in times past, and as technology advances, so do our shopping trends. Today, the high-energy bustle of the malls of America is dwindling down to lonely, dilapidated store fronts with â€Å"space forRead MoreConsumer Attitude : An Organization Of Motivational, Emotional, Perceptual And Cognitive Processes1519 Words   |  7 Pagesunfavorableness that an individual has towards an object (be it a person, thing or situation). A wider definition of attitude sees it as â€Å"an enduring organization of motivational, emotional, perceptual and cognitive processes with respect to some aspect of our environment† (Hawkins, Best and Coney, 2004). More specifically, â€Å"attitude refers to knowledge and positive or nega tive feelings about an object or activity† (Pride and Ferrell, 1991). The study of consumer attitudes is exceedingly imperative for a