Navigation
  • Home
  • Recent
  • Most Active
  • Popular
  • Blog
  • Credits
  • RSS
  •   Interaction
  • Register
  • Statistics
  •   Help
  • Suggestions
  • Contact Us
  • How to Edit
  • Help



  • [Edit]


    Online shopping redirects here

    Online shopping is the process consumers go through to purchase products or services over the internet. An online shop, internet shop, webshop or online store evokes the physical analogy of buying products or services at a bricks-and-mortar retailer or in a shopping mall. It is an electronic commerce application used for B2B or B2C. Online shopping is popular mainly because of its speed and ease of use. Some issues of concern can include fluctuating exchange rates for foreign currencies, local and international laws and delivery methods.


        Online shop
            Price comparison
            Coupons
            Rebates
            Steps when buying online
            Means of payment
            Security issues
            Setting up a shopping cart system
            Free software
            History
            See also

    top

    Price comparison

    An advantage of shopping online is being able to use the power of the internet to seek out the lowest prices or the best deals available for items or services. For example if one is buying a digital camera he/she should enter "digital camera" into a search engine or a price search engine. Most price comparison services have the advantage of store ratings and reviews. Getting the lowest price is important but it is more important to make sure the merchant or store the customer is purchasing from is reputable.

    top

    Coupons

    There are multiple website that compile coupon information for most online merchants. Before purchasing online, it is usually worth checking for coupons. Typing the name of the online merchant along with the word "coupon" in a search engine will provide multiple results. Some of the more popular coupon websites have forums where you can ask for help hunting down a deal if you don't have the time.

    top

    Rebates

    There are at least three major shopping portals that provide members rebates for shopping via their sites. How does it work? The merchants pay the portals for the business; the portals share the proceeds with the member. Rebates usually range in the 2-5% range. Membership is free, but some portals require a higher rebate balance before payout. Some will send out a payment automatically, others wait until the member requests one. If you join, be sure to read the fine print so you understand the rebate program.

    Additional information can also be found at Online shopping rewards.

    top

    Steps when buying online
    Just as in a physical store viewing the contents of the cart can be done at any time.

    Quantities of products can be changed or deleted.

      Checkout
    Log in or register by choosing a username and a password.

    Enter personal data.

    Billing address

    Shipping address (can be different from the billing address)

    Phone number

    E-Mail address (usually optional)

    Choose means of payment

    Choose delivery speed and method (post, courier and logistics service, etc.)

      Confirm order
    After editing the personal data a confirmation page is displayed so that the online shopper can approve, change or abort the order.

      Logout

    top

    Means of payment
    Online shoppers commonly use their Credit card for making payments, however some systems enable users to create accounts and pay by alternative means, such as


    Once a payment has been accepted the goods or services can either be downloaded from the internet or delivered to the consumer via traditional means.

    top

    Security issues
      User and payment data is encrypted by SSL when it is transferred on the Internet.
      Quality seals can be placed on the Shop webpage if it has undergone an independent assessment and meets all requirements of the company issuing the seal. The purpose of these seals is to increase the confidence of the online shoppers; the existence of many different seals foils this effort to a certain extent.
      Privacy of personal information is a big issue. In spite of Privacy Guidelines of the OECD, for example, privacy violations still occur and hamper eCommerce from developing to its full potential.

    top

    Setting up a shopping cart system
      Simple systems allow the offline administration of products and categories. The shop is then generated as HTML files and graphics that can be uploaded to a webspace. These systems don't use an online database.
      A high end solution can be bought or rented as a standalone program or as an addition to an ERP program. It is usually installed on the company's own webserver and may integrate very well into the existing supply chain so that ordering, payment, delivery, accounting and warehousing can be automated to a large extent.
      Other solutions allow the user to register and create an online shop on a portal that hosts multiple shops at the same time.
      There are also commercial systems that can be tailored to ones needs so that the shop does not have to be created from scratch. By using a framework already existing, software modules for different functionalities required by a webshop can be adapted and combined.
      Following the growth of online retailing activities, there are a number of specialist online retail professional services providers who offer e-commerce and internet marketing to retailers. This will involve website design and development, integration with order processing and stock systems as well as online advertising services.
      Webbased FREE shoppingcart services includes http://www.vipcart.com and http://www.agoracart.com/

    top

    Free software

    top

    History
      1994: Netscape released the Navigator browser in October under the code name Mozilla. Pizza Hut offered pizza ordering on its Web page. The first online bank opened. Attempts to offer flower delivery and magazine subscriptions online. "Adult" materials were also commercially available cars and bikes Netscape 1.0 in late 1994 introduced SSL encryption that made transactions secure.
      1995: Jeff Bezos launched Amazon.com and the first commercial 24 hr. internet only radio station "Radio HK" started broadcasting. Dell and Cisco began to aggressively use Internet for commercial transactions.
      1996: eBay was founded.
      1999: business.com was sold for US $7.5 million (purchased 1997 for US $150,000) The peer-to-peer filesharing software "Napster" was launched.



    top

    See also
     
    Search more:
     

       
    Source Privacy License Download Contact Us Atlas
    Scientus.org Dictionary (Yet Another Wiki) RC : 1.39
    MIT OpenCourseWare
    This article is licensed under the GNU Free Documentation License [copyleft]. It uses material from the Wikipedia article "Online shop". link