As recently as five years back, major business publications were printing articles predicting the demise of online shopping stores. Some experts believed that e-commerce was a trend, something that will die down in time. How useful could online retailers be, especially for goods like clothing, shoes and jewelry, which people desire to see, touch or try on before they create a purchase?
The continuing success of business-to-consumer trusted online retailers like Amazon and eBay have proven that e-commerce is here now to keep and will continue to grow. It's a secure bet that online shopping will only increase in popularity as more and more individuals be determined by the Internet because of their everyday needs. For example, consider the amount of money that Americans have already been spending each Cyber Monday. Cyber Monday could be 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 previous year's total.
More individuals are willing to pay money online for several reasons. After several years of development, e-commerce has evolved into a a secure and reliable method to get and sell products. Not only that, consumers prefer to get from online shopping stores, because they've use of far more than what is available locally and by comparing trusted online retailers they can obtain it at the most effective price.
Well established trusted online retailers such as Amazon and Buy.com have already been riding the e-commerce trend and raking in profits for years. Other major retailers which have a huge offline presence such as Best Buy and Macy's have already been expanding their online presence. Fortunately you don't need to be a major business to be able to build an online store. In fact, millions of small businesses have made the move online and many more are doing it every single day.
There are several businesses that curently have a brick and mortar store in a nearby community. They want to reach customers beyond their borders to boost profits for the business. Building an online shop is an ideal way to accomplish this. There's also a number of individuals who sell exclusively online, which saves lots of expenses such as renting a shop and hiring salespeople. Lots of small businesses got their start through e-commerce and continue to be very successful. There is definitely without doubt online shopping stores are going to be around for a lengthy time.
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