People were slow to adopt to shopping online when ecommerce was
first introduced. Other than the convenience of shopping from home,
people didn't think it was worth the risk. Online shopping was viewed as
a risky way to shop where your credit card information could get easily
stolen. The media spread horror stories that kept people away.
How time has changed! The volume of online transaction has been growing at rapid pace over the last decade. Now almost everyone who has internet has at least tried shopping online while many rely on it on a regular basis and some even shop exclusively online.
People are not as scared of their credit card information being stolen anymore because online security technology has made huge advances that they feel they are sufficiently protected. Major banks and payment companies also offer protection or guarantee against online fraud.
What is luring customers away from the traditional physical shops is that online shops are offering far cheaper prices. Great deals are found online and searching online for great deals is a process that takes minutes sitting in front of a computer while comparing prices from different physical stores would be a far more arduous task.
How time has changed! The volume of online transaction has been growing at rapid pace over the last decade. Now almost everyone who has internet has at least tried shopping online while many rely on it on a regular basis and some even shop exclusively online.
People are not as scared of their credit card information being stolen anymore because online security technology has made huge advances that they feel they are sufficiently protected. Major banks and payment companies also offer protection or guarantee against online fraud.
What is luring customers away from the traditional physical shops is that online shops are offering far cheaper prices. Great deals are found online and searching online for great deals is a process that takes minutes sitting in front of a computer while comparing prices from different physical stores would be a far more arduous task.