The Future of Online Shopping - 1047 Words

The future of online shopping: Welcome to the matrix? Shopping online is about to blow up. Retailers of all types are increasing product offerings, adding in-store pickup, free shipping and testing social media. Its getting harder to tell pure play Internet retailers from the bricks and mortar shops with online portals, and all of them are reinventing how well shop online in the future (Heller, 2011). Whether it is by way of a mobile device, tablet computer, in-store kiosk or computer, the lines are getting fuzzy and the result is thought to be good and bad for customers. Source: Guy, 2011. A great deal of this activity and expansion is the roundabout result of new legislation that is requiring Internet retailers to collect sales tax. There already are twelve states with laws either on the books or awaiting authorization, and there is even talk of passing a law at the national level. Theres no telling when, or even if the legislation will go into effect, but theres also no turning back the tide. It will happen and online shoppers will be required to pay sales tax. But the idea of an even playing field has encouraged traditional retailers, a lot of whom are becoming more forceful in capturing online sales. The trend is seeing many retailers launch free shipping on all items or at the very least on purchases over a certain amount. Walmart is buying the social media platform Kosmix for $300 million and opening up @Walmartlabs in order to continue to build itsShow MoreRelatedEssay on Online Shopping: the Future1190 Words   |  5 PagesJames Cimabue Professor Berg English 102 3/08/13 Online Shopping: The Future Nowadays, a huge amount of shopping is done over the Internet. Everything we could possibly want to do from buying cars to CD players to household cleaning products, almost anything can be purchased online, often at a substantial savings. 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Online shoppers spent an estimated 126 billion in the U.S. alone in 2013. Seeing exponential growth in coming years, Many major retailers have already made efforts to set up online shops. Retail juggernauts like Walmart and Target have thrown their hats into the online arena with websites of their own. Many more entrepreneurs have begun crea ting entire businesses online. The reasons to takeRead MoreOnline Shopping And The Future Of All Business1936 Words   |  8 Pageswebsites like Amazon and eBay. Online shopping and the virtual store may be the future of all business. Online shoppers spent an estimated 126 billion in the U.S. alone in 2013. Seeing exponential growth in coming years, Many major retailers have already made efforts to set up online shops. Retail juggernauts like Walmart and Target have thrown their hats into the online arena with websites of their own. Many more entrepreneurs have begun creating entire businesses online. 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However, there are more and more complaints about shopping sites today, which became one of the biggest bottlenecks restricting the development of online shopping markets. Due to the factRead 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 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 MorePower of E-Commerce over Traditional Mall Shopping1219 Words   |  5 PagesTRADITIONAL MALL SHOPPING i. Most people with different ages can easily browse the internet for several reasons; however, the online shopping considered being one of the most amazing motives. Internet revolution and growing of online marketing shifted most of consumers’ preferences to rely on online shopping instead of the usual traditional mall shopping especially when it comes to convenience, easiness, and globalization. ii. Convenience a. Convenience is the key motivation for most online shoppersRead MoreBusiness Decision Making : Target Segment, Product Strategy, And Promotion Strategy1038 Words   |  5 Pageschallenge and difficult to make a right way. Online Discount Retailer In twenty-one century, The ways of Non-traditional distributions are increasing rapidly. Such as Online shop, mail order or producer directly sells things to consumers, which is convenient for people shopping and give the firms, who wants to gain more benefit in the whole market. Among which online Discount Retailer become popular today. On 11, November 2015, China biggest online shopping site TAOBAO reached 120bn RMB in one day.