The year 1994 saw the virtual shopping channel doors open for e-business.
Here are a couple of interesting stats from Cooper Smith, tech writer for the Business Insider: The first quarter of 2014, 198 million U.S. consumers bought something online. That translates to 78% of the U.S. population over 15 years of age. Hold on for the next surprising stat, I feel like this one deserves a drum roll; when it comes to e-commerce shopping, women and men are nearly equal in spending!
As more shopping channels opened for business the internet saw a continued spike in popularity around the world. Today’s shopping channels hold no limit to what a consumer can find to fit their needs. They offer a wide range of product and service offerings ranging from specific targeted markets such as retail jewelry markets all the way to shopping for your next home renovation package.
There are several reasons that have led to these channels gaining such a huge acceptance. Some of the important reasons for their stupendous popularity are discussed below.
Convenience is the most important aspect of channel shopping. Night or day, you can enjoy shopping from the privacy of your home. Today’s technology allows you to have a virtual look at the product of your interest and take your time while making important purchasing decisions. Shopping online works for every type of purchase you require, from training classes to fabulous gifts sent directly to that special person. These channels allow you the option to make a purchase when it is most convenient to you!
Enjoy the cost savings of competitive rates through online shopping. No store front costs, means better savings handed down to the customer. Shopping online allows you the benefit of comparison shopping. Find that perfect price and the best quality product. The additions of customer reviews also benefit the online shopper. Learning how to shop online for competitive rates can bring you large savings.
Additional product offerings
Shopping with these channels offer a larger variety of product based on limitless storefront real estate. This gives the buyer enough opportunity to glance through numerous varieties of products in different designs and price ranges. Shopping online offers additional size options, colors and clearance offerings generally not found in the average store front.
Shopping – A Private Affair
If you find shopping for personal items should be a private affair, shopping channels are the place for you. If you have always wanted those spotted leather leggings but felt uncomfortable purchasing them in public, these channels allow you to express yourself in private!