With the world, now at your desktop or rather at your ‘palm’s top, shopping has never been easier than this. Online shopping has reached levels where even properties are transacted wirelessly, which is what online shopping is suppose to do in the first place and has achieved this successfully. Venture Capitalists are always interested in companies which offer products and services online, and this has help realize many ideas into profitable ventures. Although many critics believe that e-commerce and m-commerce are just extensions of “mall shopping”, little do they realize the bulldozing effect that online shopping has created. Some might justify their point by saying that no one is so desperate to buy a t-shirt or a computer over the phone, but that’s not even the point. M-commerce can be used to book tickets for a film, to pay for parking, and things that need to be done when you’re on the go. If fraud is the concern for many, statistics show that online fraud is much less in comparison to shop lifting and other related offences.
However, these are excuses and reasons for being pessimistic and taking a 1939 approach to the advances made in the 21st century.
If companies like Amazon, e-bay, and other shopping portals can make big money out of this and grow at a faster rate than companies with traditional outlook, there is enough reason to believe that all will be done with. Also, if there was no online shopping, there wouldn’t be AdWords, and if there were no AdWords, how would Google generate revenue?
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