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ONLINE SHOPPING. Refers to buying and selling of goods and services using websites accessed through the internet physical goods such as clothes and books.

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Presentation on theme: "ONLINE SHOPPING. Refers to buying and selling of goods and services using websites accessed through the internet physical goods such as clothes and books."— Presentation transcript:

1 ONLINE SHOPPING

2 Refers to buying and selling of goods and services using websites accessed through the internet physical goods such as clothes and books services or non physical such as downloads

3 Online shops process ◦ Websites display goods ◦ Customers add to the virtual basket ◦ Select check out ◦ Pay for the goods ◦ Goods despatched and delivered

4 Online booking system ◦ Displays event available ◦ Select flights/holiday ◦ Enters personal details ◦ Payment is made and confirmed ◦ Confirmation email with the ticket

5 The features of the online shopping/booking ◦ Sort and search for goods ◦ Images provided ◦ 24/7 availability ◦ Comprising of prices ◦ Recommendation ◦ Customers feedback ◦ Bookable delivery service

6 Advantages ◦ Far greater choices as your not limited to one geographical area ◦ 24/7 all year ◦ Able to find the best prices ◦ You can do it from home ◦ You have the right to return the goods within 7 days ◦ You can read other users review

7 Disadvantages ◦ You need internet and computer skills ◦ You can not pay by cash ◦ You can not touch the product ◦ Usually have to pay for delivery ◦ You need to submit personal details online ◦ There is a chance of your details used in a fraud

8 Online auctions ◦ They are similar to traditional auctions but the buyers and sellers from all around the world.

9 HOW DO ONLINE AUCTIONS WORK? ◦ Seller and bidder create online account ◦ Sellers supplies a description and photograph of an item for auction ◦ The bidder with the highest bid at a scheduled time wins the item ◦ The bidder is obliged to buy the item they have won in the auction ◦ The seller and bidder exchange emails to arrange payment and delivery

10 Features and benefits of online auctions ◦ Bidders can search for item they want ◦ Bidders can see the status of their bids ◦ Changes can be made before the scheduled end time ◦ Users of the auction service can rate each others ◦ Sellers can choose to make an item available for purchase immediately rather than have bidders bid for it ◦ Secure payment arranged by the auction site ◦ Third party payment can be arranged such as paypal

11 Online Banking ◦ Users create a secure online account ◦ Money can be transferred electronically ◦ Payments can be made to other accounts ◦ View and download account details, transactions and other promotions ◦ Pay bills online


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