An increasing number of people are buying what they need online. What are the advantages and disadvantages for both individuals and companies to shopping online?
More and more people these days prefer buying things online over the conventional method of going into stores. In my opinion, online shopping offers them a convenience way to purchase desired items although there is a risk of fraud. The business uses it as a main vehicle to boom their profit during the pandemic.
To begin with retailers, the internet revolution has changed the way of selling many products. It is clear that there is a big demand for online shopping over the covid-19. A lot of companies have been adversely affected by the recession. They have to force in order to close their stores as a protection of spreading covid-19. Thanks to the selling online, the business commenced to recover from the deep recession. In addition, many branding and marketing have already boosted sales and increased profits due to the demanding. This can strengthen the economy.
In terms of people, they have a hectic lifestyle as opposed to the past. As a result, they are seeking ways to become more convenient instead of conventional shopping. For instance, people used to get along the shops in the streets. This can be devastating regarding waste of time. However, while sitting on a chair, they are purchasing many goods at the workplace and home. It brings a beneficial way to improve family relationships with gathering together instead of roaming stores. On the other hand, despite the benefits, there is a risk of fraud. Consumers buying through online might be exposure credit card scams. This can lead to losing their credit card identity as well as privacy information as a cyber crime.
In conclusion, while there are drawbacks to do online shopping, the benefits of this far outweigh. As a result, it has a wide impact on people’s life and companies as a financial and convenient way.
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