Home delivery, 24x7 access, ease of use and lower prices are drawing an increasing number of online shoppers
Why do people buy over the Internet? If you asked this
question a couple of years ago, you might have said
novelty. After all, what young professional could resist
the temptation of using a high-tech medium to buy stuff?
But if you still think that today, you're hopelessly
passé. Today the buzzword is convenience. Buying online
is no longer restricted to the tech-savvy youngsters:
housewives, busy executives, college professors, even
grandmothers are buying things over the net.
So what makes online shopping so convenient? Here are some of the ways in which Internet shopping makes life simpler for a whole lot of people.
Home delivery: This obviously is
a big advantage. What can be more convenient than finding
a product on an online shopping site, ordering it with
a click of the mouse
and having it delivered to your doorstep? An online
survey by the Internet and Online Association of India
(IOAI) and Cross-Tab of the
shopping habits of Internet users (done in March-April
2005) found that 70% of respondents liked shopping
online precisely for this reason)
What shoppers like about online shopping
Saves time: A fast-paced lifestyle,
easily available online shopping options and extension of the same
brand promise across all channels leads many first time buyers online.
Having transacted once the consumers realize the huge "time saving" contribution
the online channel delivers and continue shopping online. According
to the survey, 62% of respondents used the Internet to save time
on shopping in brick-and-mortar stores.
24x7 access: The best part of an online store is that there are no closing hours and shoppers can access it all the time from anywhere. The survey found that 60% of online users found this a big advantage.
Ease of use: As people begin to get more comfortable with technology, they find online shopping much easier and convenient. 45% of the respondents in the survey cited this as one of the reasons for shopping online.
There are other advantages as well. For instance, it's much easier to compare products and prices within and across web sites than doing it offline. A few other reasons would include avoiding the crowds (especially during the holiday seasons), off station delivery and the nuance of the net allows you to buy products that aren't available locally. Since online shopping sites don't have to spend on expensive real estate and an army of staff to service customers, their overheads are much lower and they can offer good bargains to shoppers.
If you look at the bewildering array of products and services that are being offered on online shopping sites, you can get an idea of how popular it's becoming. For shoppers, the Net offers the equivalent of several malls just a clicking distance away. For retailers, the growing popularity of online shopping is an opportunity to win new customers, reach new geographies and increase product sales.