Online shopping Research Paper Example | Topics and Well Written Essays - 1000 words - 1

Online shop - Research Paper ExampleThe internet is the driving force force behind online obtain because it makes transactions between different parties possible. Online shopping has positive impacts towards customers as it makes shopping fast. It has negative impacts on small businesses that have to compete against wholesalers and big retailers. Security standards used in online shopping are well-established. The security standards make it possible for payments to be done using credit cards. The cards details are encrypted then sent everywhere a layer that is secure over the Internet. The enceinte number of sellers and buyers going online is an enough testimony about the safety and acceptance of online shopping.Consumers do not opt for online shopping because of execrable prices. Though lowest price can be a motivation for online shoppers, separate factors other factors are still important. Online shopping offers better services than visiting stores. Most e-retailers offer a ssuage shipping that customers value the most (Thau).Many shoppers do not say low prices are their primary attraction and motivation for doing shopping over the internet. This statement was proved by a study done by Simon-Kucher & Partners, a worldwide consultancy firm that counts and records retailers among its clients. The firm did a survey over 1000 consumers. The consultancy firm warns retailers against making lowering prices. The firm says that the retailers who leave lower their prices to attract and keep customers will have to undergo long term negative impacts because of that (Thau).Although it might sound unappealing, the retailers who invest in al-Qaida will get long-term customer loyalty. This was concluded by Susan Lee, a partner who conducts Simon-Kuchers retail and consumer goods in northern parts of America. Retailers only need to study and look at recent strategies diligent by the nations biggest brick-and-mortar retailer. The