Online Shopping Trends
and Consumer Electronic Products
by
www.castingnow.co.uk
Online Shopping Trends and Consumer Electronic Products
www.samstores.com
LIST OF CONTENTS
Executive Summary
2
Chapter 1: Online Shopping and its Worldwide Popularity
3-5
Chapter 2: Online Shopping and the United States
6-8
Chapter 3: Online Shopping and Consumer Products
9 - 11
Chapter 4: Online Shopping and Consumer Electronic Products
12 - 15
About Us
16 - 17
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Online Shopping Trends and Consumer Electronic Products
www.samstores.com
Executive Summary
The world has dramatically changed since the inception of technological innovations and
information technology. In this modern and technical era of computers, we find the
presence of Internet, a modern and reliable way of communication, everywhere. Internet
has ended the gap between people and has connected them electronically and virtually.
Being the fastest and easiest way of communication, Internet has no left none untouched by
its widespread access. Today, individuals and business enterprises remain in touch thanks
to electronic communication and they can successfully control their commercial and
personal activities in a safe and secure manner.
When it comes to selling and purchasing activities, online shopping now plays a vital role in
making all commercial activities and transactions successful. Gone are the days when
people used to spend hours in buying goods and belongings of their needs. Online shopping
has changed the face of trade and commerce and made the process of selling and buying a
child's play. Today, we can purchase all sorts of products online without visiting an online
store personally. Today, we can shop from online stores having a wide and exhaustive
variety of consumer products with just a click on the Internet. With online shopping, we can
expect all consumer products whether mobiles or televisions or books or kitchen utensils
before our eyes within hours-sitting at home.
This eBook covers different aspects of online shopping in the ecommerce industry in the
United States as well as some other parts of the world. The book guides thousands of
people of all ages with ways that help them know more about the utility and importance
of online shopping. The book also puts light on the role of online shopping in selling and
purchasing of commercial and consumer electronic products available at online stores.
Hopefully, this book will help all readers to better understand online shopping trends for
consumer electronic products for households as well as businesses.
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Online Shopping Trends and Consumer Electronic Products
www.samstores.com
Chapter 1: Online Shopping and its Worldwide Popularity
Tim Berners-Lee took the world by storm with his creation called “World Wide Web” in
1990 and opened the way for online shopping in 1994. Since then, online shopping has
reached its apex and has been serving millions of people around the world. Amazon.com
and eBay were the first companies that launched their online shopping sites in 1995 and 1996
respectively to make shopping smooth and hassle-free.
Being an anatomy of electronic commerce, online shopping brings a consumer close to
business and vice-versa making online buying and selling activities easy. It gives consumers
an opportunity to purchase commercial goods and services directly from sellers. One of the
best benefits of going online is that it serves people without an intermediary service. It
connects an Internet user to a right online shop or store that suits his/her specific shopping
needs and wants. The facts that make online shopping popular worldwide is the high level
of convenience, broader selection opportunities, competitive price and wider reach to
crucial information.
Business-to-consumer (B2C) and business-to-business (B2B) are the two common types of
online shopping.
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Online Shopping Trends and Consumer Electronic Products
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According to the latest Nielsen Global Online Survey on Internet shopping habits, more
than 85 percent of the world's online population uses the Internet for purchasing different
consumer products and services. The survey also reveals that over 875 million global
consumers went online for shopping in last two years. Surprisingly, the number of Internet
shoppers increased by 40% in two years.
“The Internet is no longer a niche technologyit is mass media and an utterly integral part of
modern life. Almost no aspect of life remains untouched by online media. As our lives
become more fractured and cluttered, it isn't surprising that consumers turn to the
unrivalled convenience of the Internet when it comes to researching and buying products,”
said Jonathan Carson, President, International, Nielsen Online.
A survey conducted by Nielson Company in March, 2010 titled “Global Trends in Online
rd
Shopping: A Nielson Global Consumer Report June 2010” shows that 1/3 of global online
consumers go for the Internet shopping. The survey also indicates that 79% online European
consumers purchase products or services through the Internet
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Online Shopping Trends and Consumer Electronic Products
www.samstores.com
Below mentioned is a list of data indicating to the number of global Internet users who shop
online. It includes:
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South Korea 99%
UK - 97%
Germany - 97%
Japan -97%
U.S. 94%.
Research firm Forrester Research predicts that both the US and European online retail
markets will grow at a growth rate of 10% annually.
All above mentioned data show that online shopping growth is on a big surge and will turn
up at a rapid pace at the global level soon.
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Online Shopping Trends and Consumer Electronic Products
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Chapter 2: Online Shopping and the United States
It is quite clear that online shopping has become an important tool for individuals as well as
businesses worldwide not only for selling purpose but also for purchasing. When the whole
world is rapidly connecting online for shopping purpose, how can the United States lag
behind in the online race?
Data released by eMarketer depict the number of online buyers in the United States from
2010 to 2016 (in millions).
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Online Shopping Trends and Consumer Electronic Products
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2010- 136.9 million
2011- 143.8 million
2012- 149.8 million
2013- 156.1 million (expected)
2014- 162.6 million (expected)
2015- 168.7 million (expected)
2016- 175 million (expected)
Above mentioned data predicts the possibility of a sharp increase in the number of shoppers
who go online for the purpose of shopping.
Generally, Black Friday is considered as the beginning of the Christmas shopping season.
That is the reason why the popularity of online shopping rises on the occasion of festivals
and holidays. It is clear that about 25% of online shoppers do most of their shopping after
Thanksgiving Day, about 17% do their shopping on Black Friday and about 9% of
shoppers prefer to go online for shopping on Cyber Monday. Vacations are high priority
for planned online purchases by Internet users. Almost two-thirds (63%) of US shoppers
plan to do a majority of their Christmas shopping online, according to stats from
LivePerson. It is also clear that one in three Internet shoppers bought
Videos/DVDs/Games in the US. That is why, US-based online retailing corporations EBay and Amazon.com are the largest online sellers in the US. Research firm Forrester
Research predicts that the United States online retail industry will be worth $279 billion
in 2015.
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Online Shopping Trends and Consumer Electronic Products
www.samstores.com
Despite the rising popularity of online shopping in the US and the world, some people
prefer to read reviews and testimonials, available online, before making an actual online
purchase. Reading online reviews of products and services helps people buy online
products confidently. With the reviews, people get a clear picture of features, dimensions,
advantages, disadvantages, authenticity and utility of all sorts of consumer products and
services available online.
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Online Shopping Trends and Consumer Electronic Products
www.samstores.com
Chapter 3: Online Shopping and Consumer Products
It is quite clear that consumers are the final users of products and services. It is nothing but
the consumers' demand and sellers' ability to supply that give birth to successful buying and
selling activities. Online stores are the virtual places where all the types of consumer
products are sold via the internet. There, people from all walks of life can make a purchase
for mobiles, cameras, home appliances, gifts, games, books, laptops, gifts and apparel.
Consumer products are used not only by individuals, family and household for nonbusiness purposes but also by businesses for commercial purposes. A consumer product
can be a small pen or iPod or computer. Consumer products and goods can be divided into
two major categories: durable and non-durable (perishable).
Durable goods are the equipment and apparatus that own a significant life span with a
guarantee and warrantee period. These goods are known for their longevity such as
machinery, electronic goods and household items. On the other hand, non-durable or
perishable goods are purchased for immediate consumption. Food, liquor, drinks, clothing,
shoes, and gasoline are the common example of some of non-durable goods.
We can also classify different consumer goods in various categories including convenience
goods, shopping goods, specialty goods and un-sought goods.
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Online Shopping Trends and Consumer Electronic Products
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There is a huge difference between the traditional and modern way of shopping. In the past,
shopping was meant for purchasing goods and belongings by visiting markets personally.
There, people used to spend hours and waste their valuable time in finding products of their
choice. With changing shopping trends and advent of online shopping at global level,
consumers have started going online for purchasing goods and equipment of all sizes and
types. Gone are the days when people used to carry bags for the purchasing activities.
Today, with just a single click on the keyboard or mouse, you can expect the whole online
store before your eyes. Once you are online, you can research, find, choose, pay and receive
any product easily. Online shopping gives all an opportunity to find a specific product from
the widest and exclusive list of consumer products. Whether people shop for household or
commercial products, online shopping helps them save maximum money and get value on
all purchases. Online shopping brings a complete store or shop at consumers' doorsteps and
allow them get what they want with minimal efforts. By saving maximum time from being
wasted, it renders consumers quick and effective shopping solutions. Online shopping is
very convenient and can be done by following some easy steps displayed on various
shopping sites with the help of Internet.
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Online Shopping Trends and Consumer Electronic Products
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For being an online shopper, it is necessary that he/she should have an access to a computer
and a method of payment. Credit cards are the mostly used method of payment in the online
shopping. After getting through the complete process of placing an online order and
making a payment with popular payment channels, online shoppers can ensure the delivery
of final products at their doorsteps within a given time.
Billing, cash on delivery, check, cash, debit card, credit cards, electronic money, gift cards,
postal money order, wire transfer, delivery on payment and invoice are some of the
common payment methods for online shopping payment. After the acceptance of payment
for consumer goods and services, online shoppers can ensure the delivery of the sold
products or services in different ways such as downloading, drop shopping, in-store pick
up, printing out, shipping and will call.
An online store can become successful and popular when it overcomes the expectations of
the consumers. A consumer always feels happy and satisfied when he/she gets relevant
online information about consumer products and services. A safe, secure, user-friendly and
integrated online shopping helps sellers build good relationships with its consumers.
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Online Shopping Trends and Consumer Electronic Products
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Chapter 4: Online Shopping and Consumer Electronic Products
Mother's day is celebrated to pay respect to our mothers who do so much for us. By sending
flowers to your mother on this special day, you can thank her for everything that she has
done for you and you can also express your love, respect, care, and gratitude towards her.
Sending Mother's day flowers is not at all difficult as most florists have special floral
arrangements especially for Mother's Day. If you do not know which flowers and colors are
appropriate for Mother's day, you can very well trust your local florist. By buying flowers
from an experienced and knowledgeable florist, you can never go wrong in sending the
correct Mother's Day Flowers to your mother.
If you wish to make your mother really happy, you may send her flowers of her choice.
She may like roses, lilies, daisies, tulips, orchids, or any other flower. If you know it, just
place the order for the same. She would be glad to know that you are aware of her likes
and preferences and remembered it too.
As far as the number of flowers is concerned, you may send a few of them or may be a
dozen of flowers. It is a matter of personal choice. What is really important is that the
flowers are arranged in neat and tidy manner. Each and every flower must be clearly
visible and should be arranged creatively so as to leave the recipient spell bound.
Online Shopping Trends and Consumer Electronic Products
www.samstores.com
Consumer electronic products are utility products that are used by consumers in their
everyday life. Entertainment, communication and productivity are the three factors for
which people go to buy consumer electronic products for their homes as well as offices. That
is the reason why online shopping for consumer products is gaining popularity amongst the
online shoppers. Under-mentioned is a list of different consumer products shopped by
various online consumers globally. It includes:
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44% books
36% clothes, accessories and shoes
32% airline tickets/reservations
27% - electronic equipment
26 % - tour hotel reservations
18% - videos/DVDs/games
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Online Shopping Trends and Consumer Electronic Products
www.samstores.com
According to data available on Statista.com, e-commerce sales accounted for 82.1% of
electronic products and appliances in 2010.
Below-mentioned are some of the categories of different consumer electronic products for
residential as well as commercial uses. These categories include various electronic products
that can be availed on all online stores dealing in electronic equipment and appliances. Some
of them include:
220 volt appliances: Kitchen appliances, laundry appliances, air conditioners, outdoor
appliances, generators, exercise equipment and cosmetic items.
Multi System TV: Multi system LED and LCD TV, wall brackets and stands, pocket LCD
TVs, plasma TV, CRT TVs, projectors, TV-accessories, TV/VCR/DVD combo and portable
TV.
Home video: Region free DVD player, region free Blu ray, copy enhancers, region free DVD
recorder, region free portable DVD player, multi system DVD/VCR combo, multi system
VCR, DVD accessories and DVD converter.
Home audio: Multi system home theater, multi system audio video receivers, multi CD
changer, small stereos/IPOD docking speakers, music systems, digital turntable, mixer,
controller, headphone and smart wave radio.
Transformers-converters-adapters: Voltage transformers, automatic voltage regulator,
travel converter, laptop power supply, 220-240 volts power back up unit, 220-240 volts wall
receptacle, phone jack adapters, 220 volts extension cords, 220-240 volts surge protectors,
AC to DC converters, line regulators and conditioners, plug adapters and cables, power
inverters
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Online Shopping Trends and Consumer Electronic Products
www.samstores.com
GSM unlocked phones: Tablets, smart phones from Sharp, HTC, Blackberry, Sony
Ericsson, Samsung, ASUS, Apple, Videophone, HP, Panasonic, Palm, Acer, Nokia and
Motorola.
220 volt power tools: Concrete grinder, lathe machine, soldering guns, blowers, band saws,
bench grinders, chop saws, cut-off saws, cordless tools, sander, circular saws, die grinders,
straight grinders, compressors and angle grinders.
Business-home office: Copiers, pencil sharpeners, cash registers, electric staplers,
document binders, projection screens, printers, projectors, laminators, monitors, public
address (PA) systems, type writers, fax machines, multifunctional machines and
calculators.
PAL camcorders: PAL DVD camcorders, flash memory PAL camcorders, PAL professional
camcorders, hard drive PAL camcorders and accessories.
110 volts appliances: Cooking appliances, air conditioners, vacuum and floor care,
humidifiers, refrigerators, washers, wine coolers, freezers, fans, dryers, washer/dryer
combo, dish washer, laundry accessories, cooler and audio videos.
Other products: Medical products, PAL video games, memory and storage, NTSE
camcorders, GPS sat navigation, NTSC TVs for USA only, phones and fax machines, video
conversion, real time aircraft tracking, pocket PC/PDAs, ultra mobile PCs, digital cameras,
DVD/CD duplication systems, computer gadgets, 220 volts security systems, digital
antenna amplifier and repeater products, optical instruments and language translators.
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Online Shopping Trends and Consumer Electronic Products
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About Us
Sam Stores is one of the leading online stores and distributors for all sorts of household
electronic products and appliances. We, at Sam Stores, promise to provide our customers
the best quality products with consumer friendly pre and post sale services. We commit to
offer the best price and the best value on our all sorts of supplies including 110 and 220 volt
appliances and power tools, home video and audio, multi system TV, transformers,
converters, adapters, GSM unlocked phones, PAL camcorders and business, home and
office stationery. Through our Christmas, Black Friday, Cyber Monday and New Year sale,
our customers can get a discount of up to 70% on various supplies.
We guarantee our customers easy navigation, a very secure online purchase and smooth
checkout process. We also offer a variety of convenient payment options to choose from so
that our customers can make the payment in a hassle free manner. The payment system used
by us protects the personal information of the customers. We also provide toll free technical
support before and after the purchase to our valuable clients.
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Online Shopping Trends and Consumer Electronic Products
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Our customers can visit us directly at our showroom or can place an online order using our
website via a proper channel. In case of any query, our customers can call us directly on
customer care.
Our Address:
Sam Stores
1500 Midway Ct Suite W8
ELKGROVE Village, IL-60007
Tel - 847-290-1718
Fax - 773-4421566
For order call 1- 800-SAM-9493 1-800-726-9493
Fax your order or your PO to 773-4421566
For any Technical Problem please call us at 847-2901728
For any Shipping related problem or Tracking number please email us at
[email protected] or Click on Customer Care.
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