Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

Grocery Wars

Online Shopping: A New Approach to Shopping

All around the world, customers of all ages have come to love the idea of online shopping. And why not? In the years before online shopping became a reality, people had to go through the somewhat cumbersome process of going to a store or retail outlet, browsing physically, and making a purchase. It is a stressful process and one that is impossible for those who do not have the luxury of time.

Online shopping is as comfortable as the shopping process gets. All you need is a stable internet connection and a valid bank card. You do not have to worry about lugging all of your shopping bags into your car. Just have your purchases delivered to your very doorstep. And best of all, by using price comparison websites it’s super easy to find a good deal on anything you’re buying, without having to browse through hundreds of physical stores.

The whole online shopping industry is alternatively referred to as the e-commerce industry. The ecommerce industry is growing exponentially by the day. However, variety is the spice of life. There are still people out there who prefer the physical experience of offline shopping. There are those who prefer to feel and see the items that they are purchasing before making a decision.

Total online sales globally increase astronomically every year. Despite that, the total sales for offline sales were ten times that of online sales last year. However, it should be mentioned that online sales statistics are increasing three times more than offline sales.

Online shopping holds a few advantages over offline shopping including:

  • It saves time

 

  • It allows you to compare the prices of different online retail stores.

 

  • You can make purchases at all hours of the day.

  • You can avoid crowds.

 

  • You avoid long checkout lines.

 

  • You spend less on vehicle expenses like fuel, insurance, maintenance, etc.

The infographic below has more details about how online shopping compares to offline shopping:

 

online-offline