WHAT ARE THE IMPACTS OF ONLINE SHOPPING?

 Online shopping was built in a way that would allow people to actively sell and advertise their items and things through a website. In the year 1990, Time Berners-Lee had the first World Wide Web launched with its own server and browser. In the year 1992, a couple of years before Amazon was launched, the first online bookstore was launched by a man named Charles Stack, now known as book.com, the first business to get online shopping popular Amazon. eBay and Amazon were launched in 1995 and 1996, respectively. Both Amazon and eBay are now the big shots in the online shopping industry. Both their systems are built in an ethical way that will allow you to buy or sell items through the website.

However, online shopping is one major flaw because criminals will take advantage and use cheating, scamming, and stealing credit card information. The impact on Online Shopping has seen a rise with more advantages like making it convenient for the customer, lower prices and selection, easy information, and a product review. As mentioned earlier, the one major disadvantage is the fraud and security concerns, with a lack of disclosure and privacy.

Online shopping brings out a bigger impact on the IT industry. In order to maintain the shopping websites, there is a huge team with programmers, an analysis team, the database administrator, web designer, and so on. One of the greatest advantages of Online Shopping is bringing out the perfect opportunity for jobs. Data centers will provide the hosting services and will see a boost with many portals. With the peaking stages, you will see many e-shopping websites race against the best that will guarantee you the best service at always lower prices. The most underrated thing with online shopping is, it gives out more job opportunities to people in the courier services.

 

“Online sales in the world are expected to reach half to a trillion dollars in the next few years, and smartphones will be a key source in that growth.” A tweet read.

 

If people make use of Online Shopping, then it will be put to good use, but it always varies in the way the people make use of it. Kimberly Palmer in 2007 stated, “According to the Forrester Research, there are now half of the households on the Internet, and the online purchases still make 7 % of the total sales, which is quite staggering. There are consumers who get to buy everything over the web with the help of Online Shopping, which will save a lot of time and money. Convenience is the best advantage for Online Shopping because it will allow people to shop from anywhere and with just a computer or a smartphone and the Internet.

Convenience always includes the ease in finding a product, the time you can spend on shopping, the post-purchase service, the complete constant information, thus reducing the shopping effort.

Keeping aside the lower price, the selection of the product will also play a very important role. It will allow the customers to be able to get the best deals for the items from different vendors. This will also make the customer compare two same products based on quality, quantity, and price. Online shopping also tends to have lower prices, unlike the retail supermarkets where they have to pay the costs for running a shop and also the wages to the salespeople. The impact with Online Shopping has seen a new high that if a person wants to start their own business. It is recommended that they start from the Online Shopping website.

 

On the other hand, there is also a negative impact when it comes to Online Shopping. When a customer wants to get a purchase done, they will be asked to enter the credit card information to confirm the payment. It is in this stage where the customer will be taken for a ride, and the hacker will take advantage through some malware and cookies. There is a higher risk rate that a person is likely to fall for online hacking after the credit card information is entered, which clearly indicates that the security for online shopping is way too weak. Because online purchases need your bank information, and this method has seen a rise and has been favoring criminals ever since. There is a stat that proves that clearly, 20% of victims of identity fraud have had their information to make phone or mail-order purchases.

 

So, Online Shopping is all convenient and comfortable until we are safe over the Internet. Be cautious while entering your details during online shopping and choose only reliable sites.