E-Commerce
E-commerce has allowed people to buy many things online. It allows you buy things throughout the world, whenever wherever. Electronic Commerce, which we usually call E-Commerce, is any commercial site that can be done online. They have become more popular in the recent years with Brick and Click becoming quite frequent within the web, most shops have now got websites, such as Topshop, they have stores located throughout the country but also have an online store as well. You can also have businesses which are purely online, i.e. Egg bank or Amazon. And finally you have auction sites such as Ebay which allows you to auction things to people throughout the world. E-Commerce is truly an innovation.
Online Shopping
Online shopping allows you to buy whatever you want, in the comfort of your own house. You can access your favourite stores at anytime of the day, and order it then too. Not only can you buy from these stores, but you are able to see about upcoming events within the store too. There are two main types of online stores; brick and click and general online stores.
Brick and click
- Brick and Click is when you have a literal premises, like a shop, and an online store, i.e. Topshop, Jack Wills and Sainsbury’s.
Brick and click allows people to access the shop and have literal contact with the product, and then view it online so they can access reviews too. Brick and Click is good for big businesses that are ever expanding as they’re able to have a physical presence in which the customer can try on the product, or have physical contact with their product. They can also have the chance to view it online where they can try different colours and it is easier to find online.
Brick and click is good because it allows you to have the choice of what you want to do which means that the customers have more of a choice. I like this because I have the choice to try it on or buy it online.
Online businesses
Online businesses have become huge in recent years, with top sellers like Amazon becoming one of the most commonly used websites. These websites are transactional websites which you can buy anything from. Online business do not have any stores, which would be extremely cost effective. Most people who maybe work late or don’t have the time to go out would find these extremely and convenient, therefore in their case these are convenient. For the businesses it can be good also as you do not have to pay for the shop or a lot of staff. However you have the problem of having to advertise yourself well enough to be established, or you could fail.
Online businesses are good for businesses who are willing to put in the time to ensure that they become well branded or they may flop. They are also good for customers who have no time to go shopping. I personally like the online stores like ASOS because they’re good and reliable, however some sites could be scams so you have to watch out.
Online banking
Online banking is a way of banking through the internet. People generally like it, however there are some reservations because some people think that it may not be secure and they face people scamming money out of them, this a prime reason why most banking is still done within a bank. However if you trust the provider banking can be a great way of saving yourself time and travel. I personally have never banked, but family members of mine do and they have never had a problem with it, so on one hand I think it is a great way to bank, however you do face a chance of being scammed if the website is not secure.
Online banking seems like a timeless way of banking.
Auctions
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