Online Shopping and Sales: Explained
Online Shopping refers to the process of buying goods or services over the internet using websites or mobile apps. Online Sales are the actual transactions or purchases made through these platforms.
Key Features of Online Shopping:
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Digital Platforms:
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Websites (e.g., Amazon, Flipkart) or apps where products are listed.
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Wide Product Range:
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From clothes and electronics to groceries and digital services.
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Customer Convenience:
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24/7 access, home delivery, easy comparison, and online payments.
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Search & Filter Options:
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Helps users find products based on price, brand, category, etc.
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Reviews & Ratings:
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Help buyers make informed decisions based on others' experiences.
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Online Sales Channels:
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E-commerce Websites (e.g., Amazon, Myntra, eBay)
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Social Media Commerce (e.g., Instagram Shops, Facebook Marketplace)
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Direct-to-Consumer (D2C) Websites
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B2B Marketplaces (e.g., Alibaba, IndiaMART)
Advantages of Online Shopping:
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Saves time and travel
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Often includes discounts, offers, and cashback
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Wider product selection
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Easy returns and refunds
Disadvantages:
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Can't physically check the product before buying
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Delayed deliveries
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Possibility of online scams or counterfeit items
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Return process may be difficult for some sellers