Since about 1990, online shopping has emerged into every corner of life, linking people to the culture of capitalism in frequent and daily ways. It lets us buy what we want, when we want at our convenience, and helps us to imagine ourselves buying, owning, and having positive outcomes by the goods available out there on the web. Shopping has been a way of identifying oneself in today’s culture by what we purchase and how we use our purchases. In 1994, advances took place such as Online Banking, after that, the next big development was the opening of an online pizza shop by Pizza Hut.
In 1995, Amazon started up with online shopping, then in 1996, eBay opened up for online shopping as well. At first, main users of online shopping were young men with a high level of income and a university education. This profile is changing. For example, in USA in the early years of Internet there were very few women users, but by 2001 women were 52. 8% of the online population. 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 ?
The Essay on ADVANTAGES AND DISADVANTAGES OF ONLINE SHOPPING
... can be easily concluded that online shopping can be a best method for shopping. REFERENCING Horrigan, J. (2008). Online shopping. Pew Internet & American Life Project ... and waiting time and insecure shopping). One of the main advantage of online shopping is; comparison shopping in which products can be compared and contrast ...
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 range of retail products such as clothing, clothing accessories, electronic devices, electrical appliances, computer hardware and software, books and magazines, food and beverages, health and personal care items, sporting goods, music and videos, and office equipment and supplies (Holsapple and Sasidnaran, 2009) The scale and growth of internet shopping is impressive.
In 2005, the most recent year for which reliable figures are available, sales to households were over ? 21bn – a fourfold increase during in the last three years. There are millions of people and thousands of businesses getting benefits. Over 20 million UK adults shopped online in 2005, with 56 per cent of internet shoppers participate in the survey having spent over ? 500 each during the year. In the same year, an estimated 62,000 UK businesses were selling online to households. (OFT, 2007)