Online shopping vs Traditional Shopping

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Online shopping vs Traditional Shopping

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This presentation explains how online shopping is more beneficial as compared to traditional shopping by stating the pros and cons. – PowerPoint PPT presentation

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Title: Online shopping vs Traditional Shopping


1
Online Shopping
  • vs
  • Traditional Shopping

2
Statement of the Problem
  • With a lot of people shifting their attention
    towards online shopping rather than choosing the
    traditional form of shopping, which of the
    following is better with respect to saving time,
    products availability and price ?

3
A Brief concept of both types of Shopping
  • Online shopping or online retailing is a from of
    electronic commerce where by consumers directly
    buy goods or services from a seller over the
    Internet without an intermediary service.
  • Traditional shopping is the way of buying goods
    from a store which has physical existence.

4
advantages of online shopping over traditional
shopping
  • Comparison of price of same product produced my
    different companies
  • Better discount offers
  • Maintains relationship with customer by sending
    mails containing recent offers.
  • Easy refund
  • Can be done anywhere with mobile , laptop etc.

5
Advantages of Traditional shopping over online
shopping
  • Consumer can test the product before use.
  • The owner cannot lose money since there are no
    hackers and scammers in the real world.
  • People without internet can visit stores for
    items.
  • Easier to catch fraud merchants than scammers.

6
competition
  • Anyone who wants to open a business should
    examine the competition before jumping into the
    process. With an online business, the amount of
    instant competition is much greater than with a
    retail storefront.
  • When you want to open a retail storefront, you
    can easily survey an area and determine what
    other stores are selling the products you want to
    offer or choose to open in a location where those
    stores do no exist.
  • Online, there are usually multiple businesses
    selling the product you offer and many of them
    are already established, making it difficult for
    a new start-up to break in and find success.
  • If what you are offering is not unique, then a
    retail storefront will be more successful at
    trying to earn new customers than trying to break
    into an already saturated online market.

7
REsult
  • As a result of comparison and analysis it is
    completely evident that online shopping is a
    better way to shop goods rather than choosing
    traditional form of shopping. Some online stores
    which are very effective these days are
    Flipkart,Myntar,ShopClues etc. Also there are
    traditional stores which are into the same
    business like BigBazaar, Relaince etc.

8
Thank you
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