Eshopping

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  • 1. Presented byNair Venkatesh Ravidranath S2 MBA IMT:
  • 2. What is Online Shopping?
  • 3. The selling or enablingthe sale of products or service toconsumers through the INTERNET.
  • 4. How did Online Shopping came ?  Online shopping emerged with the development of the internet.  Entrepreneurs saw the potential in online shopping and sprung at the chance to make virtual storefronts, so that consumers could shop without leaving their homes.
  • 5. Growth of Online Shopping There are over 70,000 new websites put on the internet every hour. Internet traffic is doubling every three months. The annual internet commerce revenue has grown from $35 million in 1998 to $166.5 billion in 2013. (Taken from CISCO Systems WEB Site)
  • 6. Consumer Benefits
  • 7.  Convenience -Geographic -Store hours -Ease of transaction -Quick and efficient shopping process Information -Quick location of items -Easy price/attribute comparisons
  • 8. Firms Benefits
  • 9.  Less Dependence On Intermediaries -Geographic distribution -Holdup -Time to delivery Marketing -Target marketing -Direct customer relationships -Customer service
  • 10. Risks & Disadvantages of Online Shopping
  • 11.  Fraud- Do you know the Company? Security- Is your credit card safe? Privacy- Is your information being sold? Shipping- Are you getting the correct product at the requested time? Difficulty- Do you know how to shop online?
  • 12. Online Shopping VS. Traditional Shopping
  • 13.  Differences -Cannot try or test product before purchase. -Minimum human interaction if any. -Cannot pay by cash* -Shop anytime online.( * - In case of certain online websites )
  • 14. Usage Pattern of Individuals
  • 15. Some of Websites are -