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Internet Shopping
          Pham Vu Hang Giang
Internet Shopping ?
 Internet shopping is
the process whereby
consumers     directly
buy goods or services
from a seller in real-
time,   without     an
intermediary service,
over the Internet. It is
a form of electronic
commerce.
Why Internet Shopping ?
 Enables consumers to shop 24 hours a day, all year
round from almost any location.
 Provides consumers with more choices, less expensive
products and services by allowing them to shop in many
places and conduct quick comparisons.
 Allows quick delivery of products and services,
especially with digitized products.
 Consumers can receive relevant and detailed
information in seconds.
 Allows consumers to interact with other consumers in
electronic communities and exchange ideas as well as
experiences.
 Facilitates competition, which results in substantial
discounts.
Why not Internet Shopping ?
 Security and Privacy
    Difficult to convince customers that online
      transactions and privacy very secure
 Customers do not trust:
    Unknown faceless sellers
    Paperless transactions
    Electronic money
 Switching from a physical to a virtual store may be
  difficult
 Lack of touch and feel online
 Many unresolved legal issues
 Expensive and/or inconvenient accessibility to the
  Internet
 E-payment is not available in many places
Online consumer behavior model
Buyer-side and Seller-side
                          Buyer                   Seller

On Buyer/ -Want to make the decision to       -Statistics
Buying    purchase                            -Get exposure
          -Want to effect payment
          -Want to assume ownership


On Seller/   -Perception of the cheapest      -Make profit
Selling      price                            -Be visible
             -Perception of fewer hassles     -Increase
             -Perception of trustworthiness   traffic
             -Visibility of the site
References
 Wikipedia:
http://en.wikipedia.org/wiki/Online_shopping

 Analysis of consumer behavior online (Dejan
Petrovic, 2007)
http://analogik.com/articles/227/analysis-of-
consumer-behaviour-online

Online Shopping: Advantages over the Offline
Alternative (Dr Joshua Chang):
http://www.arraydev.com/commerce/jibc/031
1-07.htm

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Internet shopping

  • 1. Internet Shopping Pham Vu Hang Giang
  • 2. Internet Shopping ?  Internet shopping is the process whereby consumers directly buy goods or services from a seller in real- time, without an intermediary service, over the Internet. It is a form of electronic commerce.
  • 3. Why Internet Shopping ?  Enables consumers to shop 24 hours a day, all year round from almost any location.  Provides consumers with more choices, less expensive products and services by allowing them to shop in many places and conduct quick comparisons.  Allows quick delivery of products and services, especially with digitized products.  Consumers can receive relevant and detailed information in seconds.  Allows consumers to interact with other consumers in electronic communities and exchange ideas as well as experiences.  Facilitates competition, which results in substantial discounts.
  • 4. Why not Internet Shopping ?  Security and Privacy  Difficult to convince customers that online transactions and privacy very secure  Customers do not trust:  Unknown faceless sellers  Paperless transactions  Electronic money  Switching from a physical to a virtual store may be difficult  Lack of touch and feel online  Many unresolved legal issues  Expensive and/or inconvenient accessibility to the Internet  E-payment is not available in many places
  • 6. Buyer-side and Seller-side Buyer Seller On Buyer/ -Want to make the decision to -Statistics Buying purchase -Get exposure -Want to effect payment -Want to assume ownership On Seller/ -Perception of the cheapest -Make profit Selling price -Be visible -Perception of fewer hassles -Increase -Perception of trustworthiness traffic -Visibility of the site
  • 7. References  Wikipedia: http://en.wikipedia.org/wiki/Online_shopping  Analysis of consumer behavior online (Dejan Petrovic, 2007) http://analogik.com/articles/227/analysis-of- consumer-behaviour-online Online Shopping: Advantages over the Offline Alternative (Dr Joshua Chang): http://www.arraydev.com/commerce/jibc/031 1-07.htm