Online Shopping – History
Online Shopping or e shopping is a form of electronic commerce which allows consumers to directly buy goods or services from a seller over the Internet using a web browser. Consumers can also buy the goods from their android phones also. All the Customers need is they must have access to the Internet and a valid method of payment in order to complete a transaction. Other names given to this are e-web-store, e-shop, e-store, Internet shop, web-shop, web-store, online store. The largest of these online retailing corporations are Alibaba, Amazon.com, and eBay.
History of Online Shopping
English entrepreneur Michael Aldrich invented online shopping in 1979. In March 1980 he went on to launch Online Shoppings, which allowed consumers, customers, agents, distributors, suppliers and service companies to be connected on-line to the corporate systems. He designed, manufactured, sold, installed, maintained and supported many online shopping systems, using videotex technology. Amazon.com launched its online shopping site in 1995 and eBay was also introduced in 1995. Alibaba’s sites Taobao and Tmall were launched in 2003 and 2008.
Product Selection of Online Shopping
Product selection for Online Shoppings is made only by visiting the website of the retailer directly or by searching among alternative vendors using a shopping search engine. Online Shoppings allow the consumer to accumulate multiple items of different brands at the same place and to adjust quantities. Some stores allow consumers to sign up for a permanent online account so that some or all of this information only needs to be entered once. The consumer often receives an e-mail confirmation once the transaction is complete
Methods of Payment
There are different mode of payment available in Online Shoppings, consumers don’t need to worry much about that. The below listed are some of the modes through which consumers can make payment of Online Shopping.
- Cash on Delivery
- Debit Card/ Credit Card
- Direct Debit
- Online Payment
- Electronic Money
- Gift Cards
- Wire Transfer
Attraction towards Online Shopping Sites
Customers are attracted towards online shoppings sites not only because of high levels of convenience. But also because of competitive pricing, broader selections, and greater access to information.
One of the great benefits of online shoppings is the ability to read product reviews.