In the last few years, the Internet has played a significant role in disseminating information in the India and other parts of the world. The use of Internet nowadays is so rife that it has become the number one source of not just information, but also communication and many other purposes like social networking and gaming.
Online shopping, which is defined as the practise of consumers purchasing things directly from sellers in real-time and without the need of a brokering service, is one of its best and most well-liked characteristics. Actually, e-commerce includes internet buying. With the advent of the internet and introduction of security, online shopping has today reached unimaginable magnitudes
Some localities have seen more penetration of this type of trade than others, though. Studies have also revealed that demographics have a significant impact on whether online buying is encouraged or discouraged. For example, it has been discovered that people who live in areas with high levels of literacy, income, and family head employment are more likely to shop online.
The majority of online buyers pay with credit cards, but as internet security has improved, services like Paypal and other online money transfer websites have emerged. Debit cards, wire transfers, postal money orders, gift cards, and other commonly used payment methods are also available. The stages for delivering purchases after a payment has been accepted include downloading, drop shipping, in-store pickup, and shipping, among others.
We selected this subject because many people now shop online, and because it is a contentious issue that has been extensively addressed. This essay will concentrate on how and why online shopping has grown to be a significant phenomena in the United States.
online shopping was set up by the invention of Internet, computers ad technologies to accompany these systems. The world’s most popular online shopping sites: apnakart and Amazon, were very influential in the growth of this commerce. Today, online shopping has become a great phenomenon thanks to the rapid development of internet security technologies and a similar pace in the penetration of the World Wide Web.
The opportunity for consumers to buy online from the comfort of their homes, its availability around-the-clock, and the ability to compare pricing of related or similar goods in one location have all contributed to its spectacular expansion in recent years.
Market size of e-commerce industry across India from 2014 to 2018, with forecasts until 2030