shopping on the internet - TranceAddict Forums

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-- shopping on the internet

Posted by diffusion on Oct-19-2004 08:04:

shopping on the internet

that lame thread-subject was just to make you come in here, hehe

I'm doing a 15 minute presentation on Internet Trade, the pros/cons for businesses and for the consumer...

What do you think is the pros/cons for a business about internet trade? I'm actually a bit puzzled by the cons...
(this is at university level, so I can't just state a whole bunch of bullshit )

Posted by Spacey Orange on Oct-19-2004 08:15:

pro: for consumers it drives prices down.

con: for businesses it drives prices down.

Posted by jpisani on Oct-19-2004 08:15:

con: security may be an issue. people don't feel safe giving out credit car numbers over the internet.

Posted by BeatFreak on Oct-19-2004 14:37:

Cons for consumer:
They can't physically touch the good.
They can't try it on.
Shipping & Handling

Pros:
More of a selection

Posted by Halcyon+On+On on Oct-19-2004 14:42:

Re: shopping on the internet

quote:
Originally posted by diffusion
(this is at university level, so I can't just state a whole bunch of bullshit )

Never stops most people from getting A's...

Posted by tribu on Oct-19-2004 14:43:

help me with my project, and ill help with yours

This idea hijacked from the United States Congress.

Posted by DiMethGuy on Oct-19-2004 16:57:

pro: I can sit here naked doing lines off my desk and shop. I dont think retail stores would appreciate that

con: no one can see my giant pen0r

Posted by tribu on Oct-19-2004 16:58:

quote:
Originally posted by DiMethGuy
pro: I can sit here naked doing lines off my desk and shop. I dont think retail stores would appreciate that

con: no one can see my giant pen0r

lmfao

Posted by A.J. on Oct-19-2004 17:44:

HERE IT IS FOR YOU

Internet = Good for "Low involvement" products
- eg food (groceries), electronics, CDs, Books, Music, VINYL! etc
because these products are consistent, you know exactly what you are getting and product attributes are the most important thing,

Internet = Bad for "High involvement" products
- eg Furniture, Cars, Clothes (most of the time) etc
People have a significat emotional attachment or consideration in these products, and they want to "feel" the product and see how it looks, if it is comfortable etc. The tangible qualities are important.

Posted by tranceaholic on Oct-19-2004 17:51:

also you have to wait a little bit before you get your hands on what you ordered...it takes the fun of the purchase sometimes..shipping & handling is the pain cause they deliver when u r at work and so you have to go pick it up from a specific location.

Posted by Jackson on Oct-19-2004 18:45:

Suprised no one mentioned this one yet.
Pro - Internet shops are open 24/7, whereas normal shops aren't.

Posted by A.J. on Oct-19-2004 19:56:

Ah crap, forgot about that.

Some more advantages of shopping on the net:

* Shopping can be more convenient and faster

* Prices and offerings can change instantaneously

* Commodity-like products work best, digital products (software etc)are best of all

* Global reach - can reach customers all over the world

* An important one for the retailer is that they can built customer databases with personal details etc using Customer Relationship Management Systems (CRM)

For example, Amazon groups people together according to purcashes and buying behaviour, and then makes recommendation based on that group. I can't remember what this is called though.

Posted by Tranc3 on Oct-19-2004 20:00:

In the U.S., since the internet is not yet taxed, if you purchase a fairly high-cost item over the internet and the vendor is out-of-state, you save significantly on taxes.