CONTENTSINTRODUCTION TO E-SHOPPINGORIGIN OF E-SHOPPINGDEFINITION OF E-SHOPPINGADVANTAGES OF E-SHOPPINGDISADVANTAGES OF E- SHOPPING DIFFERENCE BETWEEN TADITIONAL AND ONLINE SHOPPING PAYMENT
INTRODUCTION TO E-SHOPPINGOnline shopping is a form of electronic commerce whereby consumers directly buy goods or services from a seller over the Internet without an intermediary serviceAn online shop, eshop, e-store, Internet shop, webshop, webstore, online store, or virtual store evokes the physical analogy of buying products or services at a bricks-and-mortar retailer or shopping centreHowever ES also includes all inter-company and intra- company functions (such as marketing, finance, manufacturing, selling, and negotiation) that enable commerce and use electronic mail, EDI, file transfer, fax, video conferencing, workflow, or interaction with a remote computer.
ORIGIN OF E-SHOPPING online shopping was invented much earlier in 1984; in example for TV based systems. Since ‘’online shopping‘’, in the context of the B2C business model, became broadly available to the end consumer, WWW- based ‘’online shops‘’ evolved. Tim Berners-Lee created "The World Wide Web Browser" in 1990. In1994 few other developments took place. Online bank , the first of its kind opened this year. Another development was opening of online pizza shop by pizza hut. In the same year Netscape introduced SSL encryption to enable encryption over the data transferred online. This later became the necessity of online shopping. In 1995, Amazon started operation, one of the largest online shopping mall now. Then in 1996 eBay started its online shopping portal.
For online shopping systems in this context the narrower term ‘’web shop‘’ is used.The online shopping system has brought down political and physical barriers giving everyone in the world an equal playing ground for their marketIn 1999 the first online shop in UK launched.
The conducting of business communication and transactions over networks and through computers. As most restrictively defined, electronic shopping is the buying and selling of goods and services, and the transfer of funds, through digital communications. However ES also includes all inter-company and intra- company functions (such as marketing, finance, manufacturing, selling, and negotiation) that enable commerce and use electronic mail, EDI, file transfer, fax, video conferencing, workflow, or interaction with a remote computer.
Convenience Better Prices Variety Send Gifts Fewer Expenses Comparison Of Prices Compulsive Shopping Buying Old Or Unused Stuff At Low Prices
Shipping Cost Buy Item Relying On Photograph Longer Time To Return Faulty Goods Bogus Sites
DIFFERENCE BETWEEN TADITIONAL AND ONLINE SHOPPING• The difference between traditional shopping and online shopping are the following:Traditional Shopping1.) You must carry what you buy.2.) You must drive to the store where you want to buy it.3.) You can see what you want to buy. (the good thing about traditional shopping)Online Shopping1.) You will not carry any load or weight from the items you purchased.2.) You will just wait for it to be delivered.3.) You cannot see what you are buying. Theres a risk that it might be defective.
Online shoppers commonly use credit card to make payments. However some systems enable users to create accounts and pay by alternative means such as:1. Debit Cards2. Various types of electronic money3. Cash on delivery4. Cheque5. Postal money order6. Reverse SMS billing to mobile phones
SHOPPING CARTS• Shopping cart software is software used in e-commerce to assist people making purchases online.• The software allows online shopping customers to accumulate a list of items for purchase, described as "placing items in the shopping cart". Upon checkout, the software typically calculates a total for the order, including shipping and handling (i.e. postage and packing) charges and the associated taxes.
E- Shopping Trends in India• eBay India Census 2011 reveals Indias online shopping trends : India’s Top 5 ecommerce Hubs are Delhi, Mumbai,Bangalore, Jaipur & Chennai. India has over 3,311 ecommerce hubs Top 5 Brand Rankings revealed Sony as the largest brand on eBay followed by Nokia, Samsung, Apple & Reebok. Women shoppers are buying cosmetics, jewellery, watches, fashion & fitness equipment online. Electronic gadgets continue to rule the online shopper’s wallet: Gadgets continue to be the most popular choice & contribute to 50% of all purchases.
Trends in Indian Online Shopping:• In next 1 year, at least 8 out of ten Indian consumers will make online purchasesA little more than a quarter users reveal that they spend 11% of their monthly shopping expenditure on procurements online.Almost 50% Indian consumers’ use and trust social media sites to help them make online purchase decisions When buying Consumer Electronics, software,users rely heavily on online reviews and opinions. In the next 6 months or so, most buyers will purchase books (41%), airline tickets (40%), and electronic equipment such as TV, Cameras (36%) online.
Companies providing online shopping facilityGifts, cakes GlimGifts.comBooks Flipkart.comCustom designed Tshirt,mug Snapfish.inApparels, Bags Shoppersstop.comSweets and bakery items Mithaimate.comArtwork auction Saffronart.comBabies, Kids,Mothercare MyBabyCart.comMovie ticket booking Bookmyshow.comTravel ticketing and hotel Travelguru.comB2C EBay. inSports Playgroundonline.comHealth, Fitness, Beauty, LensKart.comPerfumes Beautymart.in