As recently as five years ago, major business publications were printing articles predicting the demise of online shopping stores. Some experts thought that e-commerce was a novelty, something that would die down in time. How useful could online stores be, especially for goods like clothing, shoes and jewelry, which people wish to see, touch or try on before they make a purchase?
The continuing success of business to consumer online retailers like Amazon and eBay have proven that e-commerce will be here to stay and will continue to grow. It's a safe bet that online shopping is only going to increase in popularity as more and more individuals rely on the Internet because of their everyday needs. For example, consider the quantity of money that Americans have now been spending each Cyber Monday. Cyber Monday is the Internet's response to Black Friday, the post-Thanksgiving shopping blowout. In 2011, American consumers spent a massive $1.25 billion, a 22% increase from the prior year's total.
More individuals are willing to pay money online for numerous reasons. After many years of development, e-commerce has now evolved into a a safe and reliable method to get and sell products. Not only this, consumers prefer to get from online shopping stores, because they've use of far more than what is available locally and by comparing online retailers they are able to get it at the most effective price.
Well established online retailers such as Amazon and Buy.com have now been riding the e-commerce trend and raking in profits for years. Other major retailers that have an enormous offline presence such as Best Buy and Macy's have already been expanding their online presence. Fortunately you don't need to be an important business to be able to build an on the web store. In reality, an incredible number of small businesses have made the move online and a lot more are carrying it out each day.
There are several businesses that curently have a stone and mortar store in a nearby community. They would like to reach customers beyond their borders to boost profits for the business. Building an web store is an ideal way to complete this. Additionally, there are a number of people who sell exclusively online, which saves lots of expenses such as renting a store and hiring salespeople. A lot of small businesses got their start through e-commerce and continue being very successful. There is definitely without doubt online shopping stores are likely to be around for an extended time.
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