E-Commerce

● Why do people shop online more?

Do you ever wonder why people shop online more than instores? There’s actually a
good reason why people shop online more. Especially with this pandemic that
happened this year and tons of people shopped online because they were inside
keeping others safe there are still more reasons. Online shopping offers a larger variety
of things to choose from. When shopping in a store shelves can be empty. Remember
when the toilet paper shelf was empty? I bet people went online and ordered some.
Shopping online can also have sizes that wouldn’t be available in store. Online sites
may offer money off or free shipping. You can shop online whenever you want it never
closes like a real store which a lot of people like. Most people prefer to shop online
because shopping in a store is time consuming. The store could be far and lines could
be long, but online is right on your phone and no lines!

https://www.smartinsights.com/ecommerce/ecommerce-strategy/the-reasons-why-
consumers-shop-online-instead-of-in-stores/

● Why is e-commerce growing?

There really is no surprise why e-commerce is growing at a current time. But there are 5
reasons which makes it grow faster. Tailored experiences are one of the reasons
because when purchasing online you can see recommendations tailored to your
preferences or purchases. You can see customer experience. There are also more
options such as color, size, style, etc. E-commerce provides more options when
something is out of stock in store, it’s probably available online. Social media integration
increases e-commerce percent. According to research conducted for Facebook, 81% of
people surveyed said that Instagram helped them research products or services. 83%
said it enabled them to discover new products or services. On top of that, 80% also felt
it assisted with making a choice on whether to buy something. Brand deals are made on
social media which makes more people buy online from that store. User-friendly
experiences are the biggest reason why people probably shop online. You don’t have to
leave your house, get ready, travel, use gas, and you can do it all on your phone. Who
wouldn’t love shopping that way? Accessibility is the last reason why e-commerce is
growing so fast. It is similar to user-friendly experiences, online stores are opened 24/7.
If you’re stuck at work till late and need to order something so you get it by a certain
day, no worries you can do it right before you go to sleep. Having flexible hours brings
more customers.

https://www.bingdigital.com/5-reasons-why-ecommerce-is-growing-bigger-bigger/

● What is the impact of e-commerce?

The way e-commerce will affect our economy is on productivity and inflation. The
continuous expansion of electronic commerce can lead to downward pressure on
inflation through increased competition.
The role of E-commerce in business is that it helps in the exchange of goods and
services through electronic support. Electronic business has grown significantly since
the internet has launched. Today we use the internet everyday. For school, work,
entertainment, etc. We use online to shop when we don’t have time or don’t feel like
leaving, this is what makes e-commerce increase. Did you know that the E-commerce
society did $200 billion in sales in 2010? The internet economy is increasing, and E-
commerce sales are expanding by leaps and bounds every year by 20% to 25%. The
impact e-commerce has on customers is it’s more convenient and accessible. People
can look up on google and get 100+ results.

https://bulbandkey.com/blog/business/what-is-the-impact-of-e-commerce-on-society/

● What are the benefits of shopping online?

A few benefits of e-commerce are it's open 24/7, commodities are cheaper online,
global marketplace, and it’s easy to compare prices. I think e-commerce is more
beneficial than shopping online which is why the percentages increase everyday. There
are so many things you can buy online and from all over the world. You also get
coupons when shopping online when you sign-up for emails/texts. When shopping
online you almost always have good service. People spend low operating costs, have a
better quality of service, and the additional costs can be saved. For example, if goods
and services are downloadable, then shipping costs will be canceled altogether.

https://bulbandkey.com/blog/business/what-is-the-impact-of-e-commerce-on-society/