Chances are you have bought something online at some point. There were probably a few reasons that you did so, rather than visiting a real store. Perhaps it was the convenience or the lower cost. Regardless, you’re not alone. It’s becoming evident that online shopping is growing exponentially. This growth doesn’t look set to slow down anytime soon and here are the main reasons why.
- Convenience Comes First
The modern world is a hectic place and time is getting scarcer and scarcer. Many people simply don’t have the time to go shopping the traditional way. That’s why the convenience of online stores is so appealing. There is no need to commute somewhere to browse the shelves. Rather, shoppers can simply flip open their laptop or smartphone.
- Everyone Is Always Online
Now that we have mentioned phones, we should mention that they are always being used. Not many people are looking up anymore. Rather their eyes are glued to their screens. This growth of smartphones has a had a major impact on virtual shopping. In fact, the majority of online shopping is done using a mobile device. It’s also estimated that people spend around 10% of their internet time browsing online stores.
While these are only approximate statistics and different surveys garner different result, it’s still clear that they impact the growth of online shopping.
Don’t forget that a real shop’s customer base consists of local residents. An online shop’s customer base can consist of anyone in the world.
- Virtual Changing Rooms Are Being Developed
A major issue when buying clothes online is getting the right size. Of course, many companies allow shoppers to swap ill-fitting garments for the correct size. However, it still takes time and causes hassles.
To eliminate this issue, virtual changing rooms are being developed. These create a virtual image of the shopper and allow them to try on different-sized garments. Of course, this technology is still in the early stages. However, we may soon see the death of real-life changing rooms.
The face of shopping is changing every day because of new developments. That’s why you should keep up with the latest technology news by visiting middaydaily.com.
- Brick And Mortar Stores Cost More
Operating stores costs money. Owners need to pay rent, electricity, wages, and a host of other expenses. Running an online store is much cheaper. This cost difference allows online retailers to charge less than their real-world counterparts.
- Amazon Is One Of The World’s Fastest Growing Sites
If you ever needed proof of the growth of online shopping then just look at Amazon.com. This is perhaps the biggest online marketplace for purchasing just about anything.
The company began in 1994 as a garage operation. It now rakes in over $150 billion each year and has over 500,000 employees. This growth looks likely to continue into the future.
Online shopping looks set to continue its exponential growth and create further change in the global economy. It’s simply so easy to pull out your phone and order almost anything you desire with a few taps.