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Advantages and Disadvantages of online shopping
Transcript of Advantages and Disadvantages of online shopping
Price and Selection
Information and reviews
Fraud and security concerns
Lack of full disclosure
Privacy Pros of online shopping Information and reviews: Online stores must describe products for sale with texts, photos, multimedia files. Some stores are even allow customers to comment or rate their items. Pros of online shopping Convenience: Online shops are usually available 24 hours a day, and many consumers have internet access both at work and at home. Other establishments such as internet cafes and schools provide access as well. Pros of online shopping Price and selection: One advantage of shopping online is being able to quickly seek out deals for items or services with many different vendors. Cons of online shopping Fraud and security concerns: Give the lack of ability to inspect merchandise before purchase, consumers are at higher risk of fraud on the part of the merchant than in physical store. Cons of online shopping
Privacy: Privacy of personal information is a significant issue for some consumers. Different legal jurisdictions have different laws concerning levels of enforcement.