Has e-commerce revolutionised shopping?
Over the past few years e-commerce has been hugely popular with a wide range of consumers. E-commerce is defined as the selling and purchasing of goods online. The reason it has become so popular is the simplistic nature of e-commerce. People don’t have to leave their home to go and buy the new shoes they want or stand in line to buy the latest single. Also, another benefit is that there are usually better deals online by shopping around. All you have to do is a quick price comparison search and you will find some great deals. However, if the deal sounds too good to be true, then it probably is so always exercise caution. By shopping online, most companies offer free delivery. This is great because you don’t spend money on your travel costs if you were to get it yourself, but depending on the item, someone may have to be home in order to receive it.
So what is the general consensus on e-commerce? The majority of people think it is an excellent way of shopping and cuts down on the time they would spend travelling and browsing. On the other hand, the easy availability of buying goods can lead to impulse buying and debt very quickly.
Fact
US e-commerce spending reached $34.7 billon by Q3 in 2007
Tags: challenge, challoner, e-commerce
