Online purchasing is the process that involves researching and buying services and products through the internet. The earliest online selling went in business in 1992,Electronic commerce was used for both business-to-consumer and business-to-businesses. Online shops market the products for selling with multimedia files, photos and texts. Buying rope online has become so easier since people have understood the importance of using internet to do shopping.
Growth
Online shopping emerged with young males due to their education and literacy in computer, this made them familiar with computer technology. Online has now began to take the attention from the public around late 1990s. This led to the young starters to launch their websites for their products. In the same period when the online shopping saw a large influx of customers intending to buy commodities baring in mind it was during Christmas holidays.
Customers
Customers buying rope online need to have an access to a computer or phone and a proper form of payment, like bank account, debit card, credit card or even PayPal account. Basing on the research that was found in the journal of electronic commerce. The higher the income level of education and occupation of the person in charge of the household the more the perception of online shopping becomes favorable.
It is also argued that the more one tends to expose himself or herself to technology the more the probability of developing attitudes within favorable modern shopping channels. Online shopping is mostly associated with middle and upper classes. The growth of technology has definitely made computers and this has led a lot of people to connect to each other comfortably.
Online buying has now become a global thing, this has seen a lot of people going into this phenomenon,the likes of Japan, southern Korea, Germany and United Kingdom,From a certain survey, ninety four percent of the United States internet users said that they had bought something from internet. Credit card has been the widely used mode of payment by these online shoppers.
Merchants
Successful retailers get to sell their digital products, movies, music and education information, software, communication and photography, the likes of eBay and PayPal and Google. Many techniques to make the transactions that are tangible commodities without getting to maintain real inventory.
Logistics
Consumers may find a product of interest through a search engine. Most online sellers using cart shopping software that will allow you to select a lot of items, once one completes the order, you as a customer moves to a check out point, under this process payment and delivery credentials are put down.
Payment
Shoppers through online commonly use credit card when making their payments, however, other systems enable its user to have an account created and pay using alternative methods like the electronic bank cheque, PayPal Google checkout, money, Amazon payments
Product delivery
Once a payment is completed and accepted commodities or services like when kotton rope online , they can be delivered in a number of ways example includes, download, shipping and postal services
Advantages of online shopping
- Online stores mostly are available all through 24 hours a day hence reliability
- Online catalogue when browsing tends to be faster compared to physical one.
- Some online stores give links that helps in describing the product one is selling.