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Information Technology - Essay Example

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Summary
With newer inventions, people are finding it more convenient to live in this world. One of the latest additions in the technological sector is the advent of e-commerce or in simple words, online selling of goods. Now,…
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Information Technology
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Online shopping is the phenomenon that customers go through to buy products, goods or services over the internet. An online store removes the condition of physical presence of the buyer in the store. It enables the transaction to be more attractive to the customers as they can conveniently buy goods at their comfort. Mostly, online shopping deals with exchange of goods and products from business-to-business (B2B) and business-to-consumer (B2C) (UC Berkeley, n.d.) Online shopping is the modern way of hassle free shopping.

When it comes to online shopping there are a lot of advantages. One of the biggest advantages is that it allows consumers to easily compare the prices, and it also helps the customers to get the item, which one wishes to buy that to at a discounted rate. But one has to be very patient as to decide on which product to buy and the relevant platform (website). For this, consumers first need to visit all the different sites to know the best deals. Today, with the advance technologies it is very simple to get the list of the websites which offer the relevant services.

All a consumer need to do is sit in front of the computer and make the right choice. Sometimes people get so busy in their lives that they just don’t have the time to go shopping. For such situations, online shopping is the best method. Consumers will never face problems like heavy traffic jams or long queues for billing, and above all they need not go places in search of things, they need not have to leave their home or office to go shopping. As long as From the point of view of an online retailer, the advantage it would have over the physical retail stores is that the online stores do not have to maintain high cost compared to the physical retail stores.

The most important cost of owning a shop or renting it in a suitable location need not be incurred. Even the expenses relating to

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