...William Nolan Online vs. Brick-and-Mortar Shopping COM/155 Online vs. Brick-and-Mortar Shopping Most everyone loves to shop and in today’s society, and with the advancement of technology, we have more options concerning how and where we shop. Thanks to the development of the Internet, we can now do our shopping online. For most of us though, we still go to the good old brick-and-mortar store to do our shopping. There are tons of choices to make concerning shopping in today’s society, and whether we shop online or at a brick-and-mortar store is at the top of that list. When it comes time to do some shopping, you need to know which way is better for you personally. Although online stores and brick-and-mortar stores have qualities in common, payment options, ability to handle the products and where you’re most comfortable shopping at, can show the differences. When it comes time to pay for the products we want to buy, there are differences between online and brick-and-mortar shopping. If you are doing your shopping online, your payment options may be limited. Most online stores only take credit or debit cards as the form of payment. Some may offer the option of using a Pay Pal account. A Pay Pal account is essentially an account that you can save your credit card information to, that will save you time when it comes time to enter your payment information. There are some online stores that will let you use your checking account to make a payment. Also most online...
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...businesses learn about their customers. The article I found interesting is called “5 Ways to Stop Shopping Right Now.” by Gina Marinelli, October 12th, 2014. The chapter topics that are relevant to this article in which I will be applying specific concepts to be impulsive shopping, mood, compulsive buying, experiential shopping, possible self, self-esteem, and body esteem. These concepts fall under the topics of consumer behavior as well emotional shopping. Article overview The article “5 Ways to Stop Shopping Right Now.” by Gina Marinelli, focuses on emotional shopping, the cause of most retail compulsions, and how it can be avoided. People usually make the mistake of refraining from content promotion, choosing to focus on content creation instead. The term “retail therapy” is an attempt to shop when people usually feel boredom, sadness or anxiety. The article gives 5 scenarios of impulsive shopping. They are The Bored Buy, The Bummed-Out Buy, The Far-Flung Buy, The Offer-You-Can’t-Refuse Buy, and lastly, The Someday Buy. These strategy tips are very useful and effective for understanding consumer’s actions and can help tackle this behavior before it becomes habit. Concept Implication The Bored Buy The first scenario given in the article was The Bored Buy. When someone is home bored, they come across many e-commerce sites. Boredom has a major impact on online shopping simply...
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...biggest contributory factors to the impact of these out-of-town retailing areas on the surrounding areas is land value. Shops on the High Street of these surrounding areas pay a much higher rental value per square metre than in the out-of-town shopping centres. This means it is more profitable for companies to buy land in these out-of-town areas as they get a lot more money overall as the rental is cheaper and business is still good as lots of shoppers are constantly there using the facilities. A comparison for this can be seen between Oxford Street in London and Meadowhall shopping centre in Sheffield. Oxford Street costs £4400 per square metre per year and Sheffield’s Meadowhall only costs £217 per square metre per year. You can see why these out-of-town retailing areas are more appealing to respective retailers. The out-of-town retailing areas are also much more appealing to families. In these retailing areas there are crèches where parents can drop their children off at the start of the day, go shopping and do what they need to do and then come back and pick them up. Also if parents don’t fancy dropping their kids off, there are multi-screen cinemas, bowling alleys, restaurants and many other attractions within the complex. This means shopping is no...
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...Objective of the Report: 5 Limitation: 5 Analysis Part: 6 Working Hour: 6 Monthly shopping frequency: 6 Impact of occupation on shopping: 7 Mode of Shopping: 7 Online shopping service using reason: 8 Super mall using reason: 9 Likert scale analysis: 9 Findings: 10 Recommendation: 10 Conclusion: 10 Introduction: In recent years there is a huge transformation in the consumer lifestyle, which has been influenced by the demographics, socio-cultural factors, psychographics, preferences, norms and behavior. Consumer per capital income of people has increased; rising disposable incomes continue to drive increased spending and to generate consumer demand for a wide range of new goods and services. The current generation does not mind paying extra for better facilities and ambience. However, with this notion of ‘perceived usefulness’ in a wider context supports how people nowadays are living in an era of quite hectic and busy working lifestyles, and thus it has become very difficult for most people to go shopping outside their homes, making shopping online a more useful tool to purchase commodities. They may be ‘‘time starved’’ and constantly exploring ways to reduce the time taken to complete various tasks to manage their busy schedules (Vijayasarathy, 2004). Apparently, the time-deprived, multitasking orientations of heavy internet users have led to a profound change in shopping activities (Ahmad Et Al 2010). The consumer values and lifestyle...
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...Online vs. Retail Shopping Online vs. Retail Shopping Once upon a time there was no such thing as the internet. Everything you needed and wanted had to be purchased in person. Now days you can sit in the comfort of your home, place of work, car, or even the local coffee shop and purchase most things through the internet. Is this the new frontier of shopping, or will there still be a place for a walk-in retail store. I have seen a lot of retail stores close and I am constantly wondering if it is because of on-line shopping. In the days before the internet any shopping you needed to do had to be accomplished by physically going out to the store that had the item you wanted. Fighting traffic, getting to the store early for the best sale, scrambling to get an item of limited quantity, these were the glory days for retail stores. These days you can purchase most anything you want or need without leaving the comfort of your home. Furniture, electronics, clothes, toys, and even groceries can all be purchased online and delivered right to your door. More and more people turn on their computers and shop for what they need instead of going out and braving the crowds in the retail stores. “Online retail sales aren’t growing at the torrid pace they once were, but they continue to grow steadily. Forrester Research put out a new five-year forecast today predicting that e-commerce sales in the U.S. will keep growing at a 10 percent compound annual growth rate through 2014....
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...life easy for the shopper. User Scenario: Jenifer wakes up one morning and realizes she is due grocery shopping for the week, she quickly opens the Walmart app in her phone and thinks of all the things she needs to buy – she is a first time customer at Walmart and so the app does not have her shopping history to give her suggestions. So she taps open the “Create Shopping List” option, here she can browse menus by brand, by product or both, she also has a direct search option. These menus will lead her to the pictures of the products, when she likes something she simply adds it to her shopping list - pictures can be particularly useful when a user is looking for a product that comes in different colors or sizes (clothes, mats, decoratives etc…) Now she has a list of products she wants, the app automatically calculates the cost of all the products and applies discounts if any. Jenifer goes to the store now and opens the app “in store” mode; the app opens the layout (Google floor maps) and creates a path for Jenifer to take to buy all the products on her list, Jenifer now goes to each part of the store – showed on the path – scans the product’s bar code, and the app automatically removes product from her shopping list and adds the product to her bill. Jenifer continues to do this with all the products she wants and all the products in her shopping list are on now her bill, now she suddenly realizes that she has to buy products to make her daughters Halloween costume, but she is...
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...reason made me to start online shopping business in India. doing online shopping is an efficient and effective for consumers and In this generation most of the people using online shopping because they can find new products with reasonable cost and they don’t need any sale person to show the products, easily customers can select their liked products in to their carts, by doing online they save money and time such as paying cash on delivery and they can trail products such as cloths, shoe, pendent sets. Customers can find different products in one place that is online shopping. The main difference between my online shopping and others is software and product such as other online shopping merchandise use software from third party but I have own software to advertise and sell the products and we encourage new products in our online shopping, free delivery charges and weekend prices. It is a low cost business for me because I don’t want to buy any software from any one, reason my team developed a new software ‘nest a shop’. E-commerce is nothing but nutshell. Research question India is a viable option to start online shopping business Objectives To influence customer wants and needs through E-commerce How consumers responds to the products To fill the gaps between customer and E-commerce, doing homepage as a presentation and easy payment method Overview my business overview is to make the consumers to buy products through online shopping, because they can find easy methods...
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...contrast between in store shopping and online shopping Over recent years the need for man to own and enjoy resources has increased tremendously. Due to this increase in demand manufacturers and producers have come up with different methods of making these more accessible and easier to own. In store shopping it goes back a long time, consumers are allowed to see what they want to buy and are not dependent on brand name. Online shopping on the other hand is the more modern method of goods exchange. Manufacturers now have online store where they advertise their goods to the public, consumers are able to buy these products without living the comfort of their homes. The reason why I have chosen this topic is because online and in store shopping is what is common and there are a lot of issues associated with them. In a modern society these days, as Internet technology has been developed people wants to buy their products online instead of going to in store shops to buy their products. Firms now have web pages for their company in other to advertise their products online and reduce crowds waiting in shops. What is in store shopping? In store shopping is a process by which individuals walk into a shop to buy goods and services while online shopping is a process by which individuals go to the internet to buy goods. They both have similarities and differences. There are a few similarities they both have in common. Firstly is satisfaction. When shopping online and in store you shop...
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...the internet has developed drastically. One of its focal areas is internet shopping, which is vastly becoming more popular during the last few years, which led to the factor of increasing consumerism to a point almost beyond recognition. For those who have access to the internet, they are granted the privilege of a vast choice of not only physical but also digital products which have always been subject to availability in the high street. Types of shops Nowadays retail establishments can be fragmented into three classifications. Those constructed solely in physical retail shops, those assembled around the concept of both physical shops and online shopping, and also Ecommerce which is exclusively online shopping. History Before anyone was able to obtaining goods online there were only limited ways where people were able to purchase products. One of the methods was to go to the high street and inside the stores. Alternatively products were acquired by teleshopping, where you would call a number, usually advertised on TV, and give your credit card details. Nonetheless giving credit card details over the phone is very unsecure as other individuals could perhaps be listening to your conversation over the phone and be granted with all your credit card and personal details. Although when online shopping initiated security was also one of the primary concerns. Due to the result of inexperienced online shopping developers, hackers would continuously be lurking on every corner to infiltrate...
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...segment The industry is the Australian shopping centre industry. Core activities cover building, developing and managing shopping centres in Australia. 2. Value chain Design S/C Project management Leasing & sales Property Management Refurbishment & redevelopment (Renovation of the shopping centre or optimise the building structure to better suit customers’ need ) 3. What is the current life cycle position of the industry? Maturity to shake-out * Within few years, it’s expected about 12% US retailing is done online or via mobile device, and this figure will be higher in Australia. * There will be fewer physical stores, which means less demand on shopping centres 4. Key issues influencing industry growth using TEMPLES model – historical Factor | Issue | Nature of impact(+/=/-) | Assessment of impact | Technology | * Development of internet technology has enabled consumers’ to shop online, providing a global network that enables cross-border trading activities. * Mobile commerce provides consumers large convenience to shopping via mobile phone * Online shopping nullified the constraints of business location, scale and time zone and enable business expansion at much lower costs * Retail stores able to meld online shops with physical shops and use search engines and online tools to serve customers instead of relying on the funnelling of broad consumer traffic through shopping centre (funnelling happened in the online...
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...e-commerce is low pricing. Online stores only need to manage inventory in a warehouse, one store can serve all consumers. This allows them to focus on price , as their fundamental operating costs are typically lower. Hence online sites puts daily deals and offer cheaper pricing on products. “Most admit ,offline discounts can hardly eve match what’s on offer online”(Anonymus,2014,Retailers stumble as traffic heads to e-commerce sites, paragraph 3).Apart from that ,online sites have now started their own brands. ”So instead of taking clothes from, say Calvin Klein and selling them over the web, companies are now making their own clothes. This allows them to match traditional competitors on quality while undercutting them on price”( Colao,J. 2014,Top brands now start online). Thus low pricing forms the core benefit of online shopping. Online shopping is similar to any other online activity such as banking, that is convenient for the individual. People place a premium on their time, and online shopping allows them to run errands while at work or during the evening when stores...
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...Abstract: The limitations in shopping at retail stores force consumers to look for alternative ways to get what they need in a convenient, safe, affordable, and time saving manner. Online shopping seems to be one of the most convenient ways to compare products and services. Using of online shopping sites is becoming an inherent part of many people’s daily life. This paper presents an overview of online shopping, gives understanding the present condition of this system in Bangladesh, mentioning problems that hindrance its growth. It also suggests undertaking of immediate steps by the policymakers for making the environment supportive of online shopping. Key words: Online shopping, Internet, e-commerce, Cart. Introduction: Online shopping is a system where retailers make products available to consumer using the internet. This way of shopping comes as a great relief, which changes traditional shopping style. This type of shopping has been around for decades however in recent years there has been a remarkable growth in this medium. Shoppers shift from traditional shopping to online systems. Consumers can now visit thousands of virtual stores and pay for items purchased from their home or office in safe, convenient and secured way by using the internet. In the convenience of their homes or offices and within a click of the mouse, buyers can now purchase nearly any product or service quickly, timely and efficiently. ______________________________ ...
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...value chain industry segment The industry is the Australian shopping centre industry. Core activities cover building, developing and managing shopping centres in Australia. 2. Value chain Design S/C Project management Leasing & sales Property Management Refurbishment & redevelopment (Renovation of the shopping centre or optimise the building structure to better suit customers’ need ) 3. What is the current life cycle position of the industry? Maturity to shake-out • Within few years, it’s expected about 12% US retailing is done online or via mobile device, and this figure will be higher in Australia. • There will be fewer physical stores, which means less demand on shopping centres 4. Key issues influencing industry growth using TEMPLES model – historical Factor Issue Nature of impact (+/=/-) Assessment of impact Technology • Development of internet technology has enabled consumers’ to shop online, providing a global network that enables cross-border trading activities. • Mobile commerce provides consumers large convenience to shopping via mobile phone • Online shopping nullified the constraints of business location, scale and time zone and enable business expansion at much lower costs • Retail stores able to meld online shops with physical shops and use search engines and online tools to serve customers instead of relying on the funnelling of broad consumer traffic through shopping centre (funnelling happened in the online world) • National...
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...We have gradually become more technological as time has progressed. This goes the same for the world of shopping. As we have shifted more towards technology, we have seen a rapid rise in internet shopping. It has become so popular that it may displace malls, bookstores, and even the supermarket. The reason that Internet shopping has become so popular is that it is quick, offers variety, and cheap. The first reason that people have shifted towards internet shopping is that it is quick. I know from personal experience that I hate getting out and driving to the mall, fifteen miles away, just to go to my local PacSun. I can now sit at home, on my desktop, and browse the merchandise online. A process that once took an hour to complete can now be done in just a matter of minutes. Time is irreplaceable to people. Internet shopping allows us to spend extra time to things we might not have been able to do before. The second reason that people have shifted towards internet shopping is that it offers a wide variety. I have noticed that compared to in-store, the variety is sometimes much wider online. For example, during Christmas I was looking for gifts at the mall in the Polo Outlet store. Everything had been pretty much picked over and didn’t offer me much to choose from. I then went home and was able to find a wide variety of shirts online that I couldn’t find at the store. Stores are limited by the number of products that they can have on-hand due to the limited space, but online...
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...malls extremely convenient. In addition malls provide shoppers with a great variety of stores and shopping opportunities. Finally, and perhaps most importantly, malls are great places for entertainment. Malls are convenient places to shop. They provide shoppers with abundant and secure parking areas. Shoppers need not drive around for fifteen minutes looking for a parking place, nor need they be afraid to walk to their cars after they have completed their shopping. Malls are usually totally indoors so people are comfortable why they shop. They do not they do not have to be subject to the elements as they go from store to store. Finally, the most convenient aspect of the mall is its one stop shopping experience. Variety is another advantage of the mall. There are specialty stores, such as candle stores, bath and beauty stores and music and video stores. These are the anchors of the mall, and the mall provides "odd stores" for those eccentric shoppers who are looking for different items. Finally, the mall is a wonderful entertainment center. Not only do people go there to shop, but they also got there for relaxation. There are movies sometimes as many as fifteen or sixteen. In addition, arcades are available for children, teens and adults. Some parents drop their children off at the arcade, give them a roll of quarters and pick them up after they have completed their shopping. For the hungry shopper there is a food court, which provides fast food for those shoppers who want...
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