History of Online Shopping

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EminentSeal3427
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10 Questions

Online shopping is a form of ______ commerce which allows consumers to directly buy goods or services from a seller over the Internet.

electronic

Online shopping was invented by an English inventor called ______ Aldrich.

Michael

Internet shopping sites serve as virtual ______ where consumers can browse, compare, and buy products online.

marketplaces

Part of the reason why online shopping is so attractive is ______.

convenience

In addition to being easier, online shopping gives the satisfaction of ______, you might find the shirt in the right size and color with just one click.

precision

What is the primary advantage of online shopping compared to in-person shopping?

convenience

What type of commerce does online shopping represent?

electronic

What is the name of the English inventor who is credited with inventing online shopping?

Michael Aldrich

What is the benefit of online shopping in terms of finding the right product?

precision

What type of platforms do online shopping sites serve as?

virtual marketplaces

Study Notes

Online Shopping

  • Online shopping is a form of electronic commerce that allows consumers to directly buy goods or services from a seller over the Internet using a website or a mobile app.
  • The concept of online shopping was invented by Michael Aldrich, an English inventor, in 1979.
  • Aldrich's invention enabled online transaction processing between businesses and customers, as well as between businesses.

Characteristics of Online Shopping

  • Online shopping sites serve as virtual marketplaces where consumers can browse, compare, and buy products online.
  • These platforms offer a wide range of products in various categories, such as electronics, fashion, home goods, beauty products, and more.
  • Examples of online shopping platforms include Amazon, Wish, eBay, Rakuten, Walmart, AliExpress, SHEIN, and Target.

Benefits of Online Shopping

  • Convenience is a major advantage of online shopping, as consumers do not need to physically travel to a store.
  • Online shopping provides the satisfaction of precision, allowing consumers to find products in the right size and color with just one click.
  • It is a more gratifying experience overall, with fewer barriers and lower costs compared to shopping in person.

Online Shopping

  • Online shopping is a form of electronic commerce that allows consumers to directly buy goods or services from a seller over the Internet using a website or a mobile app.
  • The concept of online shopping was invented by Michael Aldrich, an English inventor, in 1979.
  • Aldrich's invention enabled online transaction processing between businesses and customers, as well as between businesses.

Characteristics of Online Shopping

  • Online shopping sites serve as virtual marketplaces where consumers can browse, compare, and buy products online.
  • These platforms offer a wide range of products in various categories, such as electronics, fashion, home goods, beauty products, and more.
  • Examples of online shopping platforms include Amazon, Wish, eBay, Rakuten, Walmart, AliExpress, SHEIN, and Target.

Benefits of Online Shopping

  • Convenience is a major advantage of online shopping, as consumers do not need to physically travel to a store.
  • Online shopping provides the satisfaction of precision, allowing consumers to find products in the right size and color with just one click.
  • It is a more gratifying experience overall, with fewer barriers and lower costs compared to shopping in person.

Learn about the origins of online shopping, its invention, and how it has evolved over the years. Take this quiz to test your knowledge of e-commerce and its history.

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