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  • Online Selling

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    Sowmya S Patel
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    Online shopping involves consumers directly purchasing goods or services from sellers over the Internet without an intermediary. It provides advantages like convenience of shopping 24/7 from anywhere, access to product information and reviews from other customers, and ability to quickly compare prices and selections from multiple vendors. However, it also poses disadvantages like security and fraud risks given the inability to inspect items before purchase, lack of full disclosure of total costs, and privacy concerns regarding personal information. Common online payment methods include credit cards, debit cards, electronic money, and cash/check on delivery. Items are typically delivered via download, shipping, drop shipping, in-store pickup, or receiving an admission code.

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    Online shopping involves consumers directly purchasing goods or services from sellers over the Internet without an intermediary. It provides advantages like convenience of shopping 24/7 from anywhere, access to product information and reviews from other customers, and ability to quickly compare prices and selections from multiple vendors. However, it also poses disadvantages like security and fraud risks given the inability to inspect items before purchase, lack of full disclosure of total costs, and privacy concerns regarding personal information. Common online payment methods include credit cards, debit cards, electronic money, and cash/check on delivery. Items are typically delivered via download, shipping, drop shipping, in-store pickup, or receiving an admission code.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
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    207 views35 pages

    Online Selling

    Uploaded by

    Sowmya S Patel
    Online shopping involves consumers directly purchasing goods or services from sellers over the Internet without an intermediary. It provides advantages like convenience of shopping 24/7 from anywhere, access to product information and reviews from other customers, and ability to quickly compare prices and selections from multiple vendors. However, it also poses disadvantages like security and fraud risks given the inability to inspect items before purchase, lack of full disclosure of total costs, and privacy concerns regarding personal information. Common online payment methods include credit cards, debit cards, electronic money, and cash/check on delivery. Items are typically delivered via download, shipping, drop shipping, in-store pickup, or receiving an admission code.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pptx, pdf, or txt
    of 35

    ONLINE SHOPPING

    Process whereby consumers directly buy


    goods or services from a seller in real-time,
    without an intermediary service, over the
    Internet is called ONLINE SHOPPING. If an
    intermediary service is present the process is
    called E-COMMERCE.
    Advantages
     Convenience
     Online stores are usually available 24 hours a
    day, and many consumers have Internet access
    both at work and at home.
     Other establishments such as internet cafes and
    schools provide access as well.
     A visit to a conventional retail store requires
    travel and must take place during business
    hours.
    Contd….
     Information and reviews
     Online stores must describe products for sale
    with text, photos, and multimedia files.
     Some online stores provide or link to
    supplemental product information, such as
    instructions, safety procedures, demonstrations,
    or manufacturer specifications.
     Some provide background information, advice,
    or how-to guides designed to help consumers
    decide which product to buy.
    Contd….
     Price and selection
     One advantage of shopping online is being able
    to quickly seek out deals for items or services
    with many different vendors.
     Shipping costs (if applicable) reduce the price
    advantage of online merchandise.
    Disadvantages
     Fraud and security concerns
     Given the lack of ability to inspect merchandise
    before purchase, consumers are at higher risk of
    fraud on the part of the merchant than in a
    physical store.
    Contd….
     Lack of full cost disclosure
     The lack of full disclosure with regards to the
    total cost of purchase is one of the concerns of
    online shopping.
     Privacy
     Privacy of personal information is a significant
    issue for some consumers.
    Payment
     Online shoppers commonly use credit card to make
    payments, however some systems enable users to
    create accounts and pay by alternative means,
    such as
     Debit card
     Various types of electronic money
     Cash on delivery (C.O.D., offered by very few online stores)
     Cheque
     Wire transfer/delivery on payment
     Postal money order
     Gift cards
    Product delivery
     Once a payment has been accepted the goods or services
    can be delivered in the following ways.
     Download: This is the method often used for digital media products
    such as software, music, movies, or images.
     Shipping: The product is shipped to the customer's address.
     Drop shipping: The order is passed to the manufacturer or third-
    party distributor, who ships the item directly to the consumer.
     In-store pickup: The customer orders online, finds a local store
    using locator software and picks the product up at the closest store.
     In the case of buying an admission ticket one may get a code, or a
    ticket that can be printed out.
    The 10 secrets of Online Selling
    -by Paul Graham
     Work Works
     If there is a single secret to selling online, it is to
    work hard.
     Choose the Right Niche
     What sells online?
     High Production Values
     Production values are even more important on
    the Web. Consumers will not buy from an
    amateurish Web site.
    Contd….
     Make Your Site Easy
     don't force visitors to register.
     Be Real
     Include your name, phone number, and street
    address.
     Emphasize Service
     reassure visitors explicitly.
    Contd….
     Promote Your Site
     Having a great Web site is not enough. You also
    have to bring people to it.
     Lower Your Prices
     Change Your Site
     you should be constantly improving your site.
     Patience
    eBay Inc. is an American Internet company
    that manages eBay.com, an online auction
    and shopping website in which people and
    businesses buy and sell a broad variety of
    goods and services worldwide.
    Founded in 1995
    How to sell on eBay?
     5-step guide will take you through the steps
    to get started with selling.
     Create a Seller's Account
     Prepare your item
     List the item for sale
     Track your listing
     Receive payment and complete the sale
    Questions ???

    THANK YOU

    By: Bharatesh M T
    Vishwanath B
    Devaraj Patil

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