Care to be taken when shopping online
The third of the four dimensions of knowledge is thought. When we decide to buy any product, our third dimension is to start thinking about that product to get the information. In the internet age, to get information about any object is available at the click of a button. But what exactly do you need to know about that object? While looking for the right information, we keep surfing the other way.
Nowadays,
in the age of social media, choosing any product should have been so easy, but
it has become very complicated and more confusing. The reason is the explosions of
advertisements through various social media instruments. In such a case, it is
not easy to choose the right product.
What is shopping?
Shopping
is an act in which a customer makes the right choice of goods or services.
Customers purchase goods in nearby stores, markets, or online.
What is online shopping?
Online
shopping is a form of e-commerce. Electronic commerce allows customers to buy
products from a seller. Consumers can purchase the goods and pay using a mobile
app or a web browser. Customers can shop online using different devices, like
desktop computers, laptops, tablets, and mobiles.
What is B2C?
B2C
means business to consumer. When the seller sells the product to the consumer
is called the process of B2C. E-commerce is the way of online sale of products
or services of a business to consumers.
What is B2B?
B2B
means business to business. When one businessman purchases products from
another businessman are called business-to-business (B2B) online shopping. A
typical online store enables the customer to browse the firm's range of
products and services, view photos or images of the products, along with
information about the product specifications, features, and prices.
Online Customers
Who
bought or purchase goods online are called online customers. Online customers
must have access to the internet and a valid method of payment to complete a
transaction. Generally, higher levels of education and personal income
correspond to more favorable perceptions of shopping online. Increased exposure
to technology also increases the probability of developing favorable attitudes
towards new shopping channels.
Online Product Selection
Consumers
find a product of interest by visiting the website of the retailer directly or
by searching among alternative vendors using a shopping search engine. Once a
particular product has been found on the website of the seller, most online
retailers use shopping cart software to allow the consumer to accumulate multiple
items and to adjust quantities, like filling a physical shopping cart or basket
in a conventional store.
Advantages and
Disadvantages of Online Shopping
Advantages of online shopping
Nowadays,
online shopping is increasing. Most people prefer online shopping instead of
traditional shopping. There are a variety of products on a single platform and
also due to offers and discounts.
With the growth of technology, different business organizations have accepted the
electronic method of purchasing and selling goods. Buyers and sellers use the
internet as the prime medium to conduct commercial transactions.
Online
stores do not have space constraints, and there are a variety of products
displayed on websites. It helps the analytical buyers to purchase a product
after a good analysis.
1. Convenience
Shopping
is made easy and convenient for the customer through the internet. It is also
easy not only to purchase the product but also to cancel the transactions.
Customers can buy any product from their home, workplace, or from anywhere.
Online shopping saves time and effort.
2. Saves time
Online
stores are usually available 24 hours a day. Customers do not have to stand in
queues at cash counters to pay for the products that have been purchased by
them. They can shop from their home or workplace. They can save the time of
traveling. The customers can also look for the products that are required by
them by entering the keywords or using search engines.
In contrast, visiting a conventional retail store requires travel or commuting and
costs such as gas, parking, or bus tickets, and must usually take place during
business hours.
3. Price and selection
If you
want to buy any product online, you can access the internet instantly and see
the details of the product. Shipping costs reduce the price advantage of online
merchandise, though depending on the jurisdiction, a lack of sales tax may
compensate for this.
4. Saves money
Most
of the shopping sites offer discounts to the customers on the occasion of
festivals. Because of the direct sell, elimination of maintenance, real cost,
the retailers sell the products with attractive discounts. Sometimes, large
online shopping sites give a comparison with products and their price. It also
helps customers to purchase the right product at wholesale prices.
5. Free shipping
Shipping
a small number of items, especially from another country, is much more
expensive than making the larger shipments bricks-and-mortar retailers order.
Some retailers offer free shipping on large orders. Another advantage of
retailers are the ability to rapidly switch suppliers and vendors without
disrupting users' shopping experience.
6. Check the status
There
is a facility for customers to check the purchase status of the product. They
can track the order status and delivery status. Tracking of shipping is also
available.
7. Home Delivery
Once the customer paid online, the goods or services can deliver package delivery, the postal system, and courier at home.
Delivery
was always a problem that affected the convenience of online shopping. However,
to overcome the delivery problem, the retailers brought in a store pick-up
service. In this service, customers
could purchase goods online and pick them up at a nearby convenience store,
making online shopping more advantageous to customers.
8. Ease of Return
Consumers
may need to contact the retailer, visit the post office and pay a return
shipping, and then wait for a replacement or refund. Some online companies have
more generous return policies to compensate for the traditional advantage of
physical stores.
9. Online payment
Online
shoppers commonly use a credit card or a PayPal account to make payments.
However, some systems enable users to pay by using alternative means, such as;
cash on delivery, check credit card, debit card, e-money, gift cards, etc.
10. Comparisons
Companies
display the whole range of products offered by them to attract customers with
different tastes and needs. It enables the buyers to choose from a variety of
models after comparing the finish, features, and price of the products on
display. Sometimes price comparisons are also available online.
Disadvantages of online shopping
Ease
of use is the prime reason that drives the success of e-commerce. Though the
internet provides a quick and easy way to purchase a product, some people
prefer to use this technology only in a limited way. They regard the internet
as a means for gathering more information about a product before buying it in a
shop. Some people also fear that they might get addicted to online shopping.
1. Hidden cost and other charges
The
lack of full-cost disclosure may also be problematic. While it may be easy to
compare the base price of an item online, it may not be easy to see the total
cost upfront, like shipping charges, tax, and packing charges. Customers can
see these charges when proceeding with the payment. The problem is especially
evident with cross-border purchases, where the cost indicated at the final
checkout screen may not include additional fees that must pay at delivery.
2. Lack of bargaining experience
Indians
love bargaining. The traditional shopping exercise provides a lot of fun in the
form of a show-room atmosphere, smart sales attendants, and sounds. But the
customer cannot experience it through a website. In online shopping, you get cashback, discounts, and coupons, but this is not the same as bargaining. Consumers
look forward to it as an opportunity to go out and shop.
3. Delay in the delivery
In
traditional shopping, you can receive the product instant after the payment. It
doesn't happen in online shopping customers should have to wait for some time
or days.
Long
duration and lack of proper inventory management result in delays in shipment.
Though, the time of selecting, buying, and paying for an online product may not
take more than 10 to 20 minutes. But the delivery of the product to the
customer's doorstep takes about 1 to 30 days. During big sales, it takes
too long to deliver the product.
4. Lack of interaction
Physical
stores allow price negotiations between buyers and the seller. The showroom
sales attendant representatives provide personal attention to customers and
help them in purchasing goods. Online shopping mart offers a service to talk to
a sales representative. If purchasers have any queries, they can ask right
there. But, this does not happen in online shopping.
5. You can't touch the product
In
traditional shopping, customers can touch and check the object, but in online
shopping, customers cannot touch or feel the thing. You can see the image and
read the description. Online shopping is not suitable for people who wish to
buy the product only after trying it or by touching it.
6. You can't examine the product
The customer has to buy a product without inspecting how it looks by checking all
the sides. Customers may click and buy some products without checking and
touching the products. The electronic images of a product are sometimes
misleading. The color, appearance in reality may not match with the electronic
images.
People
like to visit physical stores and prefer to have a close examination of goods,
though it consumes time. The electronic images from the physical
appearance when people buy goods based on electronic images.
7. Privacy
Privacy
of personal information is a significant issue for some consumers. Many
consumers wish to avoid spam and telemarketing, which could result from
supplying contact information to an online merchant. Online payment methods are
not much secured. The rate of cybercrimes has been increasing, and customers'
credit card details and bank details are misused, which raises privacy issues.
Many
websites keep track of consumer shopping habits to suggest items and other
websites to view. Brick-and-mortar stores also collect consumer information.
Some ask for a shopper's address and phone number at checkout, though consumers
may refuse to provide it.
8. Fraud and security concerns
Fake
online shopping portals attract customers by showing great offers. These types
of websites accept only online payment, and they don't receive cash on
delivery. In this case, customers will either receive a replica of the products
or no product at all. With the lack of ability to inspect the product before purchase,
consumers are at higher risk of fraud than face-to-face transactions. When
ordering a product online, the item may not work appropriately, or it may have
defects, or it might not be the same item pictured in the online image.
What is most important while buying any product?
·
Choose
proper purchase time or season.
·
Think
about the need for the product.
·
Find
information about the product manufacturing companies.
·
Know
the credibility of the company or the product seller.
·
Get
information about the specifications you needed.
·
Choose
the right company product.
·
Inform
market demand at the time of purchase.
·
Find
the quality and the market price at the time of purchase.
·
Compare
the quality and market value of other companies' products.
·
Check
the concession offered by the company.
·
Choose
the attractive look of the product.
·
Think
about the weight of the product.
·
Know
the size of the product.
·
Think
of the space required for the product.
·
Know
about the guarantee of the product.
·
Check
the result of the product.
·
Discuss
about the Product Service Centre.
·
Keep
receipt of purchase.
Tips for safe online shopping
1)
Select a safe site with HTTPS:
2)
Use
a good anti-malware program.
3)
Optimize
PC or laptop’s security settings.
4)
Share
your information only with a familiar shopkeeper.
5)
Find
that no one observes you when you fill in the information.
6)
Use
a credit card instead of a debit card.
7)
Save
or print a copy of your orders.
8)
Keep
the print of the bill.
9)
Check
your order status often.
You
will not deceive if you consider all these factors before buying expensive
products. Also, there will be no time for remorse after purchasing goods.
If you
understand the difference between being and appearing, then you will never
deceive. Shopping is the best remedy for all ailments. With a little care, you
can enjoy a lot of online shopping. We don't even trust the breath, and we put
our trust in unknown people.