From the pre-historic times when nothing was readily available to us, we have progressed a lot and made long strides to reach a technological era in which almost anything is available to humans. Although the modern inventions had made life easier to live for over a century now, it is in fact, the penetration of internet and the myriad number of uses that comes with it, has literally made the world flat and even for all. Internet has reduced the distance between places in a way that had existed only in dreams and fantasies. No place on earth with decent satellite coverage is far from us. The video conferencing and other internet calling facilities have made it possible for us to see, talk and virtually be with our friends, even when we are thousands of miles away from them.
One more interesting development and probably the most revolutionary concept that was enabled by internet is ecommerce, which is the act of making a commercial deal over or mainly with the help of network connectivity. With this new improvisation, today, we can buy anything from interneta veikals at the click of a mouse. This medium of business is novel and is fast making progress as the wastage of resources including time and money for marketing has been more than halved. Moreover intermediaries are reduced in this format which makes the whole supply chain, lean. As a result the benefit is passed on to both the customer, in terms of lower price and to the seller in the form of higher profit margin.
Benefits Of Shopping Online
Online shops are fast sprouting up in every country cutting across sectors and ranging through scales. This development is, however possible only due to the ever increasing demand among the consumers for this mode of business. For one, it is more convenient than the conventional shopping method as it reduces a lot of time in travel to a local shopping complex or a super market. Time is a precious commodity in present day and this rightly saves it. Secondly, one may not go around all the doors to find an item that one needs. Anyone can buy anything over internet, even things that are not at all available in one’s own country or for that matter even on the same continent. Thirdly, the price factor comes into play. Products that are sold online are mostly cheaper as the traditional inventory model is not used and one might buy the things directly from a wholesaler or a dealer which results in lower price for the end users.