Online Shopping Developing Countries - 1017 Words

The internet phenomenon has significantly evolved particularly in developed countries. This has transformed how retailers and buyers meet at the market place through physical and online purchases, distribution of products and services(Bashir, 2013). Although deemed to be a familiar channel for success and growth in developed countries, online shopping is still considered an innovation in developing countries like Tanzania (Mlelwa, 2015; Zaied, 2012) According to Katawetawaraks Wang(2011) online shopping has facilitated the presence of many foreign companies looking to boost their brand visibility . Locally, buyers have easy access on information and products that may not be physically available in their home countries(Oreku, Mtenzi, Ali, 2013).Unlike conventional stores, online shops are open 24 hours a day throughout the year(Gong, Stump, Maddox, 2013). Moreover, consumers from the comfort of their homes can log in at any time throughout the world and buy products and services at their convenience. On the other hand, online retailers who do not have physical presence can gain local and international exposure whilst reducing transactional costs(Laohapensang, 2009). Over the last few years Tanzania has seen a steady rise of internet users who are showing growing interest in online shopping (Mlelwa, 2015). The Tanzania government has made tremendous effort in facilitating the electronic environment through forming the National ICT Broadband Backbone (NICTBB).Show MoreRelatedOnline Shopping Habits1389 Words   |  6 Pages REVIEW OF LITERATURE ONLINE SHOPPING Online shopping or online retailing 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. Alternative names are: e-shop, e-store, Internet shop, web-shop, web-store, online store, and virtual store. An online shop evokes the physical analogy of buying products or services at a bricks-and-mortar retailer or shopping center; the process is calledRead MoreElectronic Commerce ( Ec )1031 Words   |  5 Pagesway to their customer to purchase products online. Online buying is the process of selling and buying goods or services by using computer via internet. Since the development of www (World Wide Web), vendors have looked for a way to sell their goods and products to people who like to spend time on the internet. Shoppers can visit web stores from their houses and shop while they are sitting in front of their computer or laptop. Internet and online shopping has the ability to provide a lot of typesRead MoreAlibaba Case Study737 Words   |  3 PagesAlibaba, it is the differences then other online company such as, Amazons, eBay, Google, Walmart, Costco, and Sears, so that it shows how the Chinese company has developed and get bigger. Alibaba provides availability of Chinese products to the world. Alibaba has increased to cover Chinese desires, including companies extending from an old-style online marketplace and online investment service opportunities. Additionally, Alibaba offers an excellent shopping experience to Chinese customers w ith lowRead MorePower of E-Commerce over Traditional Mall Shopping1219 Words   |  5 PagesTRADITIONAL MALL SHOPPING i. Most people with different ages can easily browse the internet for several reasons; however, the online shopping considered being one of the most amazing motives. Internet revolution and growing of online marketing shifted most of consumers’ preferences to rely on online shopping instead of the usual traditional mall shopping especially when it comes to convenience, easiness, and globalization. ii. Convenience a. Convenience is the key motivation for most online shoppersRead MoreE Commerce And The Electronic Shopping Industry1108 Words   |  5 Pagesthe electronic shopping and mail-order houses industry as transactions between this business and consumers would require the use of information technology such as a computer network or through a phone network. The goods purchased would need to be delivered by mail or courier that were retailed through catalogue showrooms on the internet. Our business will specifically be providing groceries through the internet on a website. Attractive characteristics of the electronic shopping industry: E-CommerceRead MoreOnline Purchases from IKEA, Gome, and Parkson666 Words   |  3 PagesAccording to the latest trend, the online purchase is putting pressure on retail stores to go online to increase their sales and revenue. To gain more customers retailers are showing importance to optimizing a mix of online and offline tactics. Researches have shown that people tend to look online before purchasing any products. Moreover, a company’s websites and email generate business for both online channels and offline stores. To keep up with the new ‘hype’ traditional brands are modifying theirRead MoreMission, Vision And Values Essay1606 Words   |  7 PagesMission, vision and values Amazon’s vision statement is â€Å"To be Earth’s most customer-centric company, where customers can find and discover anything they might want to buy online.† (Lawrence). This vision statement underscores the organization s position as the world s best e-commerce company of the main objectives. Amazon s vision statement emphasizes the following components or features: global wide, customer priorities, and the widest selection of products. The â€Å"Global Wide† component of AmazonRead MoreStrategic Management and Planning788 Words   |  4 Pagesjewelry* 7. Is BN â€Å"stuck in the Middle† APA 3-5 pages at least 4 references Blue Nile, Inc. is considered the world’s largest online retailer of diamonds. Founded in Nineteen-ninety nine, the Blue Nile offers gold, platinum, pearl and silver jewelry. The company’s headquarters is located in Seattle, Washington and operates in over twenty five countries, with products offered through their United States, Canada and United Kingdom websites. As of January 2012, the Blue Nile employed twoRead MoreThe Internet And Its Impact On The World Of Commerce1249 Words   |  5 Pagestravel to a store. Today, shopping on the internet is commonplace, but less than 20 years ago companies would hire technicians to teach them how to use the scroll bar and other simple functions. Once enough people knew how to use the internet, the idea of selling products online came into fruition. Many people believed they could make a large sum of money quickly by starting a business online. Before this time the internet was too complicated to use for most people. Online sh opping and retail have revolutionizedRead MoreBarriers Of Transactional Trust1365 Words   |  6 Pagese-Commerce adoption. Developing countries are reputed for their high level of illiteracy. Uneducated people tend to be computer illiterate, have limited access to formal information channels and to the internet. Additionally, the information on the web is often presented in a language that requires a certain level of education. 8.5.3 Socioeconomic Barriers Economic Condition According to Lawrence Tar (2010), the unfavorable economic conditions in developing countries is widely recognized