Astounding Growth of the Online Shopping Industry

It’s probably due to the fact that online shopping was considered to be very risky in many countries.

Surprisingly, even now, most of the people in the retired age-group in many Asian countries wouldn’t like to shop online, simply because they either may not be having the required resources, such as online banking facilities, debit or credit cards, and the required internet skills, or may be thinking it’s too risky to buy something they can’t even see and touch.

However, this highly conservative approach of the older age-group people didn’t let the online shopping industry from flourishing in some countries. This is probably due to the growing awareness of online shopping in the Asian countries, as well as the various steps taken by these companies for luring consumers turn to them instead of the offline retailers for all their shopping needs.

Some of the measures that have apparently turned out to be very successful include:

Offering surprisingly low prices, sometimes lower even than the manufacturing costs (hence the huge losses)
Flexible replacement policies, allowing customers to simply replace the products they buy from these sites if they encounter any problems within a given period
Free shipping – Shipping can obviously be a disappointing factor while shopping online, and hence these online retail giants decided to get rid of it to a significant extent

Mobile devices are more vulnerable

Just because nowadays smartphones can do pretty much what a desktop can do doesn’t mean they are just as safe.

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