Online shopping Daria Radanović
About e-shopping the activity or action of buying products or services over the Internet form of electronic commerce it allows customers to directly buy goods or services by using web-browser devices for online shopping are: smartphones, laptops, deskopt computer
History of Online shopping IBM's online transaction processing (OLTP) - processing of financial transactions in real-time E-shops started by selling wine, flower, chocholate and music albums 1981 – first business to business transaction
What do you need to shop online?
Internet connection a debit or credit card secure password email address phone number Free time
The Pros and Cons PROS easy to compare prices more access to a variety of products more payment methods more discounts and notifications time convinience
CONS
must wait to delivery shipping costs privacy and security You can’t try things on
Best Online shopping sites AMAZON
Ebay
founded in 1996. Jeff Bezos except selling things you can stream movies and music on Amazon Prime
founded in 1998. Pierre Omidyar you can buy new and used things
TARGET launched in 1999. it has brick and mortar shops George Dayton
AliExpress part of The Alibaba Group launched in 2009. founded by Alibaba group
Online Payment Systems SKRILL
PAYPAL
2001. international money transfers, betting, trading, shopping and gaming
1998. service that enables you to pay, send money, and accept payments
What can you buy Online? Computers, plane tickets, groceries, toys, furniture, wine, event tickets, zombie survival kit, someone to stand in line for you, software, gardening tools
cart abandonment can constitute a loss of up to $18 billion annually in lost sales those who use their mobile device to shop will often spend twice as much than those using a desktop with social media promotion men are more likely to make a purchase than women
Interesting Facts Amazon has the highest share of sales on the online market with 36% 40% of shoppers claim they could not live without the ability to shop online.