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Presentation on Advantages of Online Shopping Presented By:
Introduction: Online shopping or e-shopping is a form of electronic commerce which allows consumers to directly buy goods or services from a seller over the Internet using a web browser.
Methods of Payment: Credit Card Debit Card: Payment Websites PayPal Wire Transfer Electronic Check Checks and Money Orders Purchase Order Mobile Payments Bank Transfer
Contd.. Credit Card: The most popular payment method. The advantage is the ease for the customer to pay. Debit Card: Debit card, alternately called a bank card or check card. Most online merchants will accept debit card purchases. Payment Websites: Websites like PayPal and Google Checkout offer a means of instant payment if both parties have an account with them.
Contd.. PayPal: PayPal is an e-commerce payment processing company owned by eBay. Wire Transfer: A wire transfer is a bank account to bank account transfer of money. Electronic Check: The electronic check is a method of payment which draws cash from a checking account, eliminating the paper check
Contd.. Checks and Money Orders : Customers who don't have credit cards, or are paying from a company or municipality may want to pay by check or money order. Purchase Order: A purchase order, or P.O., is a request or agreement to be paid at a later date for an order placed. Bank Transfer: The bank transfer is similar to the debit card method – it's a method of transferring cash from one bank account to another account.
Contd.. Mobile Payments: relatively new and countries. The mobile payment option is gaining popularity in foreign
Advantages of Online Shopping: Convenience: One of the biggest benefits of online shopping is that you can buy almost anything you could imagine without ever leaving your house. Selection: Online stores are able to carry more selection than traditional brick-and-mortar stores. Information: Online shops tend to provide more information about items for sale than you would get in a physical store(unless you asked a sales associate).
Contd.. Price: Because online stores don’t have to pay rent for a storefront in a nice part of town and tend to sell much larger quantities of goods, they can offer to sell products for a much lower price. Availability: Online retailers accept orders twenty four hours a day while consumers who wish to shop at traditional stores have to be available to visit the store during normal business hours.
Online Safety: The Internet is a great resource and can be a powerful tool for finding information, communicating. But, just like everything else in life, you need to be careful using it. There are some bad people who will try to steal your information online, but if you take the proper precautions, identity theft will be unlikely to happen to you. shopping, and