Online Shopping
powered by fariwala.com
What is Online Shopping?
The online selling of or enabling
the sale of products or services to
consumers.

Fariwala.com-on...
How did Online Shopping come about?
• Online shopping emerged with the
development of the internet.
• Entrepreneurs saw th...
Growth of Online Shopping
• There are over 70,000 new websites put on
the internet every hour.
• Internet traffic is doubl...
Risks & Disadvantages of Online
Shopping
•
•
•
•

Fraud- Do you know the Company?
Security- Is your credit card safe?
Priv...
Consumer Benefits
• Convenience
-Geographic
-Store hours
-Ease of transaction
-Quick and efficient shopping process
• Info...
Firm Benefits
• Less dependence on intermediaries
-Geographic distribution
-Holdup
-Time to delivery
• Marketing
-Target m...
Online Shopping VS. Traditional
Shopping
• Differences
-Cannot try or test product before
purchase.
-Minimum human interac...
Online Shopping VS. Traditional
Shopping
• Similarities
-Advertisement.
-Security.
-Convenience.
Fariwala.com-online shopp...
2005 expected pattern of
electronic shopping users
% items
shopped
electronically
50-75%

1

Consumer acceptance(%)
15-20%...
•
•
•
•

•

Key Findings of Michael
De Kare-Silver in eshock:

Already about 15-20% of consumers say they’d prefer to
shop...
Powered by
FARIWALA.com
for more details
visit now
www.fariwala.com
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Online shopping india

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Online shopping india

  1. 1. Online Shopping powered by fariwala.com
  2. 2. What is Online Shopping? The online selling of or enabling the sale of products or services to consumers. Fariwala.com-online shopping
  3. 3. How did Online Shopping come about? • 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. • Fariwala.com-online shopping
  4. 4. Growth of Online Shopping • There are over 70,000 new websites put on the internet every hour. • Internet traffic is doubling every three months. • Projected annual internet commerce revenue has grown from $35 billion in 1998 to $1.4 – $3.2 trillion in 2003. (Taken from CISCO Systems WEB Site) Fariwala.com-online shopping
  5. 5. Risks & Disadvantages of Online Shopping • • • • 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? Fariwala.com-online shopping
  6. 6. Consumer Benefits • Convenience -Geographic -Store hours -Ease of transaction -Quick and efficient shopping process • Information -Quick location of items -Easy price/attribute comparisons Fariwala.com-online shopping
  7. 7. Firm Benefits • Less dependence on intermediaries -Geographic distribution -Holdup -Time to delivery • Marketing -Target marketing -Direct customer relationships -Customer service Fariwala.com-online shopping
  8. 8. Online Shopping VS. Traditional Shopping • Differences -Cannot try or test product before purchase. -Minimum human interaction if any. -Cannot pay by cash. -Shop anytime online. Fariwala.com-online shopping
  9. 9. Online Shopping VS. Traditional Shopping • Similarities -Advertisement. -Security. -Convenience. Fariwala.com-online shopping
  10. 10. 2005 expected pattern of electronic shopping users % items shopped electronically 50-75% 1 Consumer acceptance(%) 15-20% "hard core" 2 15-20% occasionals 25-35% 3 15-20% experimenting 10-20% 4 Fariwala.com-online All the rest still irregulars! shopping Fariwala.com-online shopping 5%
  11. 11. • • • • • Key Findings of Michael De Kare-Silver in eshock: Already about 15-20% of consumers say they’d prefer to shop electronically rather than visiting the shops. It only takes a drop of about 15% in store traffic to make many stores unprofitable. This revolution will achieve critical mass as early as 2005. Manufactures can seize the opportunity to decide whether to establish their own direct consumer distribution and bypass existing retail chains. Fariwala.com-online shopping
  12. 12. Powered by FARIWALA.com for more details visit now www.fariwala.com

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